How To Reform Nigeria’s Business Environment

The Nigerian business environment has been described as one of the most challenging in Africa as industry experts look at regulatory environment in creating an enabling environment for businesses to strive.The regulatory environment is crucial to the operations, viability and profitability of businesses in the country, a lot of business owners face grueling situations in complying with some of the harsh government policies that exist in Nigeria’s business clime.

Some of the focus areas that the government has achieved are driving registration for utilisation of the National Collateral Registry to facilitate access to credit for SMEs, clearance of all pending NAFDAC registration applications to improve efficiency; and creation of a strengthened single joint cargo examination interface in all airports & seaports for import and export to reduce the time spent at the ports.

“NAP 4.0 will focus on initiatives such as enforcing compliance with SLAs across all indicators/focus areas, driving the passage of the CAM Bill 2018 for improved effectiveness of company law in Nigeria , enhancing efficiency in the small claims court, and enhancing the application and approval system for visas on arrival, to mention a few.

He explained further that businesses are generally burdened with the challenges of infrastructural deficiencies and macro-economic shocks. He noted that the association also aimed to further influence the modulation of economic, industrial, trade and other policies that were germane to the survival of the manufacturing sector in Nigeria.

“We are of the view that the challenges arising from poor road infrastructure and difficulties in ease of doing business and acquisition of land may be responsible for the slow growth experienced in the agricultural sector.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

We Are Focused On Resolving Nigeria’s Business Environment Challenges – PMBPresident Muhammadu Buhari at the weekend said his administration, more than ever before, is focused on resolving the challenges in the nation’s business environment. The President disclosed this t…
La source: LeadershipNGA - 🏆 4. / 77 Lire la suite »

FG implements 140 reforms on ease of doing business – Osinbajo - Vanguard News NigeriaVice President Yemi Osinbajo says that the Federal Government has implemented no fewer than 140 reforms on ease of doing business in the past three years. vanguardngr The VP ProfOsinbajo, is very academic about the progress of this country. I like the way he gives figures, even when we don't see the impact. Well, it's better than nothing...
La source: vanguardngrnews - 🏆 5. / 75 Lire la suite »

Ease of Doing Business: FG implements 140 reforms in 3 years— Osinbajo - Vanguard News NigeriaThe federal government has implemented more than 140 reforms aimed at improving the business environment in Nigeria in the past three years.
La source: vanguardngrnews - 🏆 5. / 75 Lire la suite »

Ease of Doing Business: Enugu, Abia, Anambra, others top reformed states in 2018 - Vanguard News NigeriaEase of Doing Business: Enugu, Abia, Anambra, others top reformed states in 2018 vanguardngr.com vanguardnews
La source: vanguardngrnews - 🏆 5. / 75 Lire la suite »

Osinbajo Says Nigeria Has Implemented Over 140 Reforms To Make Doing Business Easier | Sahara Reporters.ProfOsinbajo Says Nigeria Has Implemented Over 140 Reforms To Make Doing Business Easier | Sahara Reporters The World Bank also reported in 2018 that 32 states of Nigeria improved their Ease of Doing Business Environment led by Kaduna... READ MORE: ProfOsinbajo Osibanjor is a toothless bulldog. He ended SARS sometime ago and now the IG of Police got them out again to show the VP that his nobody. His indeed nobody. ProfOsinbajo Only one reform yet to be implemented, and ease of doing business will be achieved. reformpowersector how A bout power? Sir!
La source: SaharaReporters - 🏆 9. / 63 Lire la suite »

Connect Nigeria to close skill gap in SMEs sector with business fair - Vanguard News NigeriaConnect Nigeria has announced plans to tackle technological skill gap Small and Medium Enterprises, SMEs face in their businesses especially as start-ups.
La source: vanguardngrnews - 🏆 5. / 75 Lire la suite »