Ease Of Doing Business: Nigeria Implemented More Than 140 Reforms In Three Years, Says Osinbajo – Channels Television

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Ease Of Doing Business: Nigeria Implemented More Than 140 Reforms In Three Years, Says Osinbajo.

Channels TelevisionA file photo of Professor Yemi Osinbajo at an event in Abuja on March 28, 2019.Vice President Yemi Osinbajo says the Federal Government has implemented more than 140 reforms on the ease of doing business in the last three years.

“In the past three years, Nigeria has implemented more than 140 reforms to make doing business in Nigeria easier,” he said. Others included the online filing and payment of taxes and the access to specialised small claims commercial courts in Lagos and Kano states.

 

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Prof, it pains me when i see people called educated , professors and all the degree in Nigeria and end up in lies and decieving people, all these your recount if for your family or for nigerians or the investment you have abroad? Educated people without common sense

So what did your reforms gain Oga lie lie pastor?

And you said the senators are not helping u

and we still have millions loosing jobs? it is also an established fact that Nigeria is not safe for doing business due to high level of insecurity especially in the north - west, north -east and north - central.

That means many people are doing business in Nigeria than ever before creating enormous job opportunities thereby bringing unemployment rate to its lowest ever in the history of Nigeria? Pastor!!! Fear God for once!

It’s obvious your Excellency, I registered my business with just N5000 without any hassle.

Good news from ProfOsinbajo. This is really great!

God blessed you Mr Vice President. I concur with you.

Not again.. 😏

on the Dealing with Construction permit ranking, the country moved from the 174th position in 2017 ranking to 147th in the 2018 ranking.

Prof prof, nigerans are tired of this reforms because nobody is seeing the results.

Am tired of lies abeg Are we now toddlers? 🚶‍♀️🚶‍♀️🚶‍♀️🚶‍♀️🚶‍♀️

The World Bank also stated that Nigeria made the greatest stride in improving access to getting credit. It moved from 32nd position in 2017 to 6th position in 2018.

Nigeria made paying taxes easier by introducing new channels for payment of taxes and mandating taxpayers to file tax returns at the nearest Federal Inland Revenue Service (FIRS) office. This reform applies to both Kano and Lagos.

Nigeria also strengthened access to credit by adopting a new law on secured transactions and establishing a modern collateral registry. These changes apply to both Kano and Lagos.

Nigeria improved access to credit information by guaranteeing borrowers the legal right to inspect their credit data from the credit bureau and by starting to provide credit scores to banks, financial institutions and borrowers.

According to the World Bank report in 2018, Nigeria made starting a business faster by allowing electronic stamping of registration documents. This reform applies to both Kano and Lagos.

According to the World Bank’s Doing Business in Nigeria 2018 Report, the country implemented five reforms, making it easier to do business in the economy. The reforms resulted in Nigeria moving 24 points to 145th position from the 169th position recorded in 2017.

According to the World Bank, Nigeria moved up 24 places on the Ease of Doing Business ranking to 145th position from 169th position in 2017. Analysts have said it was the best outing the country had had in two decades.

In 2018, Nigeria recorded an unprecedented progress in the ranking of the World Bank as one of the 10 nations that made the most daring reforms to attract investors to come and do business in their domains.

We are going higher. You can either stay down there making useless noise, or join the moving train. Simple statistics, yet they will still be arguing.

....ummmm🤔 nd no change? U must be joking ryt?

Yet many companies are leaving Nigeria. What an irony.

I wish we knew where those reforms were implemented.

We are yet to see functional one Pastor

But we lacked security in north west within 3yrs,,how come sir

Including tradermoni and school feeding program

But none is working

None of this reform work, the country is empty, no light, no confidence in the economy. No light, period!

On social media

This man self🤦🏃

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