The World Bank on Wednesday said land administration in Nigeria remains a critical problem that should be checked in order to improve the country’s ease of doing business ranking.
The release followed a workshop of key stakeholders from states, the federal government and the private sector, convened Tuesday by the World Bank in partnership with the Presidential Enabling Business Council and the Nigeria Governors Forum. It attributed the progress to key reforms implemented by the Presidential Enabling Business Environment Council . These reforms aim to make it easier for firms to do business by removing bottlenecks affecting business and property registration, access to finance, payment of taxes, construction permits, access to electricity, import and export of goods, as well as entry into and exit from Nigeria.
At the subnational level, it said 29 states implemented 43 reforms in the last four years with Kaduna, Enugu, Lagos, Abia and Anambra states making the most progress.“Kaduna stands out for having engaged in a holistic reform effort in the four areas measured by the subnational report and is now the top-ranked state in the area of registering property and enforcing contracts,” it said.
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