Doing Business in Nigeria | |
Doing Business in Nigeria | |
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Thursday, March 12, 2020 / 11.00AM / Ottoabasi Abasiekong for WebTV / Header Image Credit: @NigeriaGov
A number of organizations recently received recognition for their
contribution towards the ease of doing business in Nigeria as the Presidential
Enabling Business Environment Council (PEBEC) enumerated actions to improve
Nigeria's business rating in the comity of nations. Proshare Nigeria Limited, a
leading financial information hub, the Convention on Business Integrity (CBi),
an integrity-focused business intervention group, the Federal Inland Revenue
Service (FIRS) and the National Food Drugs Administration Council (NAFDAC) were
amongst those that received recognition at the PEBEC 3.0 Award ceremony in
Abuja, FCT.
The event which held at the banquet hall of the Presidential Villa, Aso
Rock was an opportunity to honour public institutions and private sector
players that supported PEBEC in its Ease of Doing Business Reforms during the
period of 2019.
Giving the opening remarks at the event the Senior Special Assistant to
the President on Trade and Investments, and Secretary of the PEBEC Council, Dr.
Jumoke Oduwole, described the event, in its third edition, as an avenue to
recognize the immense contributions of public sector institutions, private
sector players and Sub-Nationals that support and drive the reforms for an
improved business environment in Nigeria.
According to her since the inception of PEBEC in 2016, there has been a
conscious effort to deepen active government and multi-stakeholder engagement
that is geared towards trade promotion.
"Through the PEBEC Reforms we have given top priority to removing
bureaucratic and regulatory obstacles hindering Nigeria from achieving the Ease
of Doing Business Reforms" Dr. Oduwole said.
She informed guests , awardees and stakeholders that since 2016 Nigeria
has witnessed a remarkable improvement in the global ranking in the Doing
Business Index, from a 146 position to a recent position of 131 out of 170
countries.
Dr. Oduwole restated the target and commitment of PEBEC of achieving the
top 100 countries for Doing Business Index by 2020.
She said PEBEC has remained unrelenting in its efforts of providing the
regulatory framework, that can unlock business opportunities in the country.
Between 2016 and 2019 the PEBEC Secretary noted that Nigeria has been
recognized twice by the World Bank as one of the Top 10 reformers in the Ease
of Doing Business.
The Special Guest of Honour and Vice President of Nigeria, Professor
Yemi Osinbajo, GCON, commended the awardees for the 2020 edition of the PEBEC
Awards, describing them as partners in progress in leading towards a
transformed nation.
Vice President Osinbajo used the occasion to restate the commitment of
the Federal Government to driving the reforms required to make Nigeria a
leading investment and business destination in the globe.
He stated that the National Action Plan 3.0 is already in place in the
country to strengthen the policy processes, remove the bureaucratic bottlenecks
and bring efficiency to governance.
Proshare Nigeria received the special recognition award as the most supportive media in
the digital space, while CNBC and Spark Magazine
received the same award for the Television and Print segments respectively.
The Convention on Business Integrity, CBi, received the award for the
most engaged civil society partner, while the Federal Inland Revenue Service
received the award for the MDA with the highest level of transparency in the
implementation of the Executive Order 01.
The most improved MDA award in terms of efficiency and service delivery
went to NAFDAC.
Related News - PEBEC
1.
PEBEC Engages
Stakeholders on Legislative Reforms, Agribusiness and Apapa Gridlock
2.
PEBEC Engages NBA Section on Business Law On
Provisions In CAM Bill 2018
3.
2nd
Annual PEBEC Awards Recognises MDAs, Public and Private Sector Supporter
4.
FG
Launches PEBEC REPORTGOV.NG App, To Improve Nigeria's Business Environment
5.
PEBEC
Commences Fourth 60-Day National Action Plan (NAP 4.0) on Ease of Doing Business
6.
How
PEBEC Is Improving Trade Across Borders in Nigeria
7.
PEBEC
Holds Lagos Stakeholders Forum, Reports 140 Business Reforms in Three Years
Related News - CBi
1. CBI Regulatory
Conversations 6.0 Explores Transparency in The Nigerian NIN Process
2. CBi Partners
Proshare On The Business Action Against Corruption (BAAC) Nigeria Project
3. CBI's National Integrity Barometer Will Change
Nigeria's Corruption Perception - Soji Apampa
4. CBI, Action AID, LCCI
Collaborate To Strengthen Ethics and Governance For MSMEs In Nigeria
5. CBi with Action Aid
and LCCI to Unveil an MSME Web-based Solution for Ethical Compliance
6. CBi Tasks Operators
In Eastern Nigerian Ports, To Actively Engage The PSSP Platform
7. CBi and MACN Takes
the Round-Table Session On "Ports Service Delivery" to Port Harcourt
8. CBI-MACN Roundtable:
Stakeholders Call For Increased Awareness of The Maritime PSSP
9. CBi and the Maritime
Anticorruption Network to hold Roundtable Session in Abuja on October 22, 2019
10. MACN - CBI and BAAC
Discuss Service Delivery At The Nigerian Ports: Emphasise Procedural Compliance
11. CBi and MACN Explain
Inefficiency At Nigerian Ports; Corruption Still A Problem
Related News - Proshare
1. Proshare,
Deloitte, Others Listed As Value Added Service Providers For the NSE Growth
Board - Jan 29, 2020
2. Proshare
Subscribes To Business Action Against Corruption; Appoints Chief Compliance
Officer - Jan 16, 2020
3. On
This 13th Year of Proshare's Founding - A Message from The Founder - Dec 20,
2019
4. Proshare
Receives Special Recognition at the Launch of Nigeria's Fintech Roadmap 2019 - Oct 30, 2019
5. Proshare Creates
"Dangote Index" and "Elumelu Index"; Monitors Large Cap
Equity Value Movements - Apr 22, 2019
6. Proshare Trains
Outgoing Corp Members on Project Management at Phillips Consulting - Mar
25, 2019
7. Proshare and
AFEX Form Strategic Partnership to Boost the Nigerian Commodities Market - Feb 02, 2019
8. Proshare
Identified In London Stock Exchange Group's 'Companies To Inspire Africa 2019'
Report - Jan 16, 2019
9.
Proshare
Foundation Signs MOU with CFSI to Deepen Financial Inclusion in Nigeria ... Jan
08, 2019
10. Proshare's 2018
Review and 2019 Outlook Page Now Live - Jan 21, 2019
11.
United Capital,
Proshare Partner On Tweet Meet To Explain InvestNow Platform - Oct 18, 2018
12.
The Newly
Redesigned Proshare Market: 8 Things to Note - Aug 15, 2018
13.
Announcing The
Launch of The Newly Redesigned Proshare Markets; Replaces #TheAnalyst - Augt 14, 2018
14.
The Newly
Redesigned Proshare Market: 8 Things to Note - Aug 14, 2018
15.
United Capital
Partners Proshare for a Tweet-Meet on Nigeria's H2, 2018 Outlook Report - Jul 19, 2018
16.
Russia 2018:
Proshare to Provide EcoFootball Analysis - Jun 15, 2018
17.
Awoyemi,
Proshare receive Awards at the 2nd National Fintech Conference 2018 - Jan 29, 2018
18.
Proshare's 2017
Review and 2018 Outlook Page now Live - Dec 22, 2017
19.
Proshare Board holds Meeting in Lagos to Restructure Operations - Dec 21, 2017
20. Proshare Nigeria
Launches IOS Version of Mobile App - Mar 20, 2017
21.
Proshare Nigeria
Launches Mobile App - Feb 3, 2017
22. Proshare
migrates its WebTv website to Proshare WebTV on the new hub - Nov 25, 2016
23. FMDQ collaborates with Proshare, Launches Fixed Income & FX Price
Ticker Tape on Proshare Website - Nov 2, 2016
24. Proshare
Improves On Market Coverage - Adds NASD Page and APO News Feed - Oct 12, 2016
25.
Proshare migrates its Economy & Politics website to Proshare Economy
on the new Hub - Sep 30, 2016
26. Proshare 11.0 -
Migrating Economy & Politics Website to Proshare ... Sept
20, 2016
27. Proshare and
NASD Plc form strategic partnership to boost the Nigerian Financial Market - Aug 02, 2016
28. NASD Plc Signs
MoU with Proshare Nigeria Limited Aug 02, 2016
29. Proshare 10.0 launch - A More Robust Information Hub; Consolidates
Subsidiaries -Feb 29, 2016
30. Proshare 10.0 and the Future of Investing & Finance in Nigeria -Feb 25, 2016
31.
ProshareNG beefs
up its Customer Service delivery, introduces 0700-PROSHARE - Feb 16, 2015
32. Proshare 7.0 -
Now Analysts and Investors are at Par - Jan 30, 2015
33.
Proshare,
BusinessDay and BudgIT clear leaders in Financial Information Services - Sep 17, 2014
34. Proshare
Launches Paid Service - #TheAnalyst 'Investment WebStation' - Jun 10, 2014