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General News of Wednesday, 27 April 2022

Source: www.lindaikejisblog.com

Doing business in Nigeria is easier now than before - President Buhari

President Muhammadu Buhari President Muhammadu Buhari

President Buhari has said that the ease of doing business in Nigeria is better now than before.

A statement released by the Special Adviser on Media and Publicity to President Buhari, Femi Adesina, said the president said this during Iftar with members of the business community and the leadership of political parties in Abuja on Tuesday night, April 26.

The president said his administration had done “exceedingly well” in improving the business climate of Nigeria. The president asked the private sector to complement the government’s effort in poverty reduction and job creation for young people. In 2020, Nigeria ranked 131 globally on the World Bank’s ease of doing business index. The country moved up by 15 places from its previous position — 146.

"No administration has done as much as we have done in the creation of a climate best suited for business, big and small, to thrive. The business index that is globally recognized has acknowledged that the ease with which business is carried out in the country has never been better than it is today. We will continue to make it better.

"We will equally continue to count on the support of the private sector to improve economic growth and create new job opportunities for our teeming population.

"Employment is critical to stability and prosperity of our country. Government and the private sector, working together, have an opportunity to transform the lives of people in ways that was hard to imagine in the past,” the President said.

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