Business reforms initiated by Buhari show new Nigeria is possible - Osinbajo

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Mr Osinbajo noted that PEBEC “has achieved the delivery of over 180 reforms and completed 7 National Action Plans geared towards improving the Nigerian business environment.

Vice President Yemi Osinbajo, SAN, attends the The 5th PEBEC Awards as the special guest of honor and keynote speaker at the Statehouse Banquet Hall, Abuja. 26th April, 2023. Photos: Tolani Alli

The VP observed that “we knew from the on-set that attempting to effect some of the most comprehensive procedural and administrative reforms in our history was going to require time, strong political will and insistence on following the plan. According to the VP, some of these challenges included removing bottlenecks and obstacles, while delivering the reorientation of regulatory authorities and civil servants who deal with businesses on a daily basis; as well as the significant trust deficit from the private sector towards the government, and correcting the pervading negative perceptions, by ensuring that our policies and regulations are enablers to Micro, Small and Medium-sized Enterprises .

“Over the last seven years, our visionary team dominated by young Nigerians from both private and public sectors, led by Dr Jumoke Oduwole, have designed and implemented a series of reform initiatives at the federal level with measurable success. Among other tools and strategies, the team developed a homegrown 60-day accelerator – our National Action Plans – to implement priority reforms by select Ministries, Departments, and Agencies for each annual reform cycle.

Some of the awards presented at the event which was highlighted by music and dance performances included the Most Improved Agencies for 2022 Executive Order 01 Compliance, which was won by the Nigerian Investment Promotion Commission . The Federal Inland Revenue Service and Nigeria Agricultural Quarantine Service came second and third respectively.

Post Humous Award certificates were also presented to the Comptroller, Tariff & Trade, Nigeria Customs Service, Anthony Ayalogu; and the Deputy Director & Zonal Coordinator , Adamu Kudu.

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