Nigeria will be one of the most attractive and easiest places of doing business in the world by 2019. This assurance was given by President Muhammadu Buhari to the global community yesterday.
He gave the assurance in Nairobi, Kenya, during a plenary session on “Dialogue with the Private Sector” at the sixth Tokyo International Conference for African Development (TICAD).
The session was attended by several African leaders, Japanese Prime Minister Shinzo Abe and international business executives.
The latest World Bank’s 2016 Ease of Doing Business Report ranked Nigeria 169 out of 189 countries.
“We are committed to moving up the ranking of the World Bank’s ease of doing business index 20 places in first year and be in the top 100 within the next three years”, Buhari said.
The president said that his administration was implementing policies and measures to create right and enabling environment for businesses and investors in Nigeria.
He stressed that his government’s objective was to make Nigeria one of the top investment destinations in the world within the shortest possible time.
“We believe government has a particular responsibility to create right and attractive environment for businesses and economic activities to thrive”, he said.
“In furtherance of this vision, we have launched the Presidential Enabling Environment Council (PEEC) and Inter-Ministerial Council to oversee the efforts of government to remove various bottlenecks that stifle businesses and economic activities and thereby create economic activities and the right enabling environment and investment climate in Nigeria”, Buhari said.