FG to reform business, land registration processes

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The Presidential Enabling Business Environment Council has introduced its fifth National Action Plan aimed at rapid implementation of reforms for further improvement of the ease of doing business in N

igeria.

A statement by Oduwole said NAP 5.0 was set to deliver reforms in key areas which were, “Automation of the land registration process in both Lagos and Kano states thereby reducing the time for the application process by half; Reduce the number of inspections in construction permitting through implementation of joint inspections by related agencies in Lagos; and improve the overall time by 48hours in customs clearance at the ports by implementing full pre-arrival cargo clearance process.

“As is our custom, the upcoming reforms are being communicated to the public along with the agencies responsible and the expected impact so we can all jointly collaborate and actualise the progress of these reforms.” These reforms, it added, had resulted in validation from the private sector as well upward movement in Nigeria’s ranking in key indexes such as the World Bank Doing Business index and World Economic Forum Competitiveness Index.

 

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