Nigeria as been described as one of the top ten most improved economies in the world, in terms of ease of doing business, for the 2nd time in 3 years.
President Muhammadu Buhari stated this earlier today as he reeled out his administration achievements in a nationwide broadcast to commemorate the June 12 Democracy Day celebration
Speaking further he said that Nigeria rose by 25 places on the World Bank’s Ease of Doing Business ranking from 146th to 131st and is now rated as one of the top ten reforming countries due to some laudable initiative employed by his administration.
This development is due to the Visa on Arrival policy, consistent promotion of initiatives that expand facilities available to Micro Small and Medium Scale Enterprises, robust electronic registration and payment system seamless processing of business registration and reduction of cost of registering business by 50%. Buhari Says
“With foreign and domestic investments and the participation of Small Scale Miners, we are harnessing the supply value chain in gold production. We would also be launching a fully digitized mineral rights management platform for quick processing of mineral rights application, digitization of records and plugging revenue leakages.”