Business stakeholders have identified multiple taxation and multiple police checkpoints across cities in the federation as major impediment to the ease of doing business in Nigeria.
Speaking, Special Adviser to the Abia State government on reform champion, Chinenye Nwaogu urged the Presidential Enabling Business Environment Council to meet with relevant security agencies to remind them of their role in securing the environment and as an enabler and growth of businesses instead of bottleneck to the ecosystem.
His words: “One thing we want PEBEC to do is to stop multiple checkpoints in cities, we understand the need to police our environment and provide security for SMEs, traders and those coming to do business with us in our ecosystem. This should not become an impediment to the growth of our businesses. “Issues around access to finance are a major impediment for businesses. As a state government, we have set up banks for SMEs but it is not enough, we need development finance institutions like the BOI, BOA, CBN to ease the processes of accessing funding for SMEs so that they can inject into their businesses to expand the ecosystem and create more jobs for economic growth.
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