Osinbajo Receives 2019 Compliance Report On Ease Of Doing Business

The Vice President, Yemi Osinbajo on Tuesday received the 2019 Compliance Report of the ‘Executive Order 001’ on the promotion of transparency and efficiency in the business environment.

Spokesman to Osinbajo, Laolu Akande in a statement, said the Vice President expressed optimism that the reforms would bring positive change to the Nigerian economy.

Osinbajo said that President Muhammadu Buhari’s administration is determined and would continue with the pursuit of reforming the country’s business environment until the full attainment of the objectives.

The report was presented by the Minister of State for Industry, Trade and Investment, Mariam Katagum, and the Special Adviser to the President on Ease of Doing Business,  Jumoke Oduwole during the meeting of the Presidential Enabling Business Environment Council (PEBEC) in Abuja.

“We will keep updating ourselves on the progress of the ease of doing business reforms while noting some of the progress already recorded in the last three years since the commencement of the ease of doing business reforms.’’

Osinbajo commended the collaboration with the National Assembly on driving the reforms and called for the eventual attainment of all the other outstanding reform objectives.

It could be recall that in 2017, in the World Bank Doing Business Ranking, Nigeria moved up to 24 places and was also listed among the top ten reforming economies in the world.

And in 2019, the World Bank also named Nigeria one of the top-20 improvers in doing business out of 190 countries.