Tag Archives: Ease of Doing Business

VAIDS: FG targets 15% tax GDP contribution – Udoma

The Minister of Budget and National Planning,   Udo Udoma, says the Federal Government is targeting 15 per cent tax contribution ratio of Gross Domestic Product (GDP) through improved tax collection strategies. Udoma stated this, on Friday, at the private equity summit organised by Udo Udoma and Belo-Osagie Law Firm with the theme “Nigeria: Still Open for Business,” in Lagos. He ...

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Ease-of-doing business: 198 new companies spring up in Kaduna – SON

The Standard Organisation of Nigeria (SON), on Monday, said that a total of 198 new companies had sprung up in Kaduna, since the implementation of the Ease-of-Doing Business policy of the Federal Government in 2017. Its Co-ordinator in Kaduna State, Datti Danlami, made this known in a Kaduna. “In 2017, Kaduna State had a bumper harvest of companies and factories ...

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Refusal of commercial banks to grant long-term loans hindering our growth – MAN

The Chairman, Manufacturers Association of Nigeria (MAN), Ogun Chapter,Wale Adegbite, has urged commercial banks to give long-term loans to manufacturers to grow the nation’s Gross Domestic Product. Speaking at 10th Business Luncheon of the association in Ota, Ogun state, Adegbite said `that by providing long-term loans, the banks would have contributed their quota to Nigeria’s GDP. According to him, banks ...

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World Bank Ranking: This is fantastic news, no excuse for us to slow down – Osinbajo

The World Bank has urged the Presidential Enabling Business Environment Council (PEBEC) to sustain the momentum of keeping Nigeria in the good business ranking across the globe. Nigeria has moved from 169 to 145, 24 places on the World Bank ranking. The Country Director, Rachid Benmessaoud said this when he presented the report on the Ease of Doing Business ranking ...

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Ease of Doing Business: Osinbajo seeks collaboration of all tiers of government

The Vice President, Yemi Osinbajo, has called for collaboration of the three arms of government to resolve issues of arbitration to further advance ease of doing business in Nigeria. Osinbajo made the call during the Abuja Stakeholders Engagement Forum on the Ease of Doing Business which held in Abuja on Tuesday. According to him, businesses face legal constraints which delay ...

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We are committed to making Nigeria business friendly – Osinbajo

The Vice President, Yemi Osinbajo said the President Muhammadu Buhari Administration is committed to removing unnecessary bureaucracies to make the nation business friendly. The Vice President noted that the Administration is equally committed to fixing the challenges bedeviling the Oil and Gas sector in the country. Osinbajo, who gave the assurance during the 55th Anniversary Business Event Session of the ...

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Nigeria targets top 50 global economies in 2027

If projection by the Presidency is anything to go by, Nigeria would by 2027 be among top 50 economies in the world. A Senior Special Assistant to the President on Trade and Investment, Jumoke Oduwole, made this known while featuring on Wednesday’s edition of ‘Sunrise Daily’ a breakfast show on Channels Television. “We have said that by the end of ...

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