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Equity market rebounds, indices gain by 0.39%

The Nigerian Content Development and Monitoring Board (NCDMB) has been adjudged the best among all Ministries, Departments and Agencies in the country in the latest Executive Order (EO1) performance ranking for Ease of Doing Business from January to June.

The report is compiled by the Presidential Enabling Business Environment Council (PEBEC), under the office of the Vice President, Federal Republic of Nigeria.

A statement posted on the board’s website on Wednesday said NCDMB came tops with 81.48 per cent, according to the report, released officially on Tuesday in Abuja.

The statement said PEBEC was established in 2016 by President Muhammadu Buhari to address bottlenecks and bureaucratic constraints to executing business in Nigeria.

According to the statement, the implication of this performance ranking shows that NCDMB has delivered service in a quality, efficient and effective manner in the past six months to its diverse stakeholders.

It said over the years, the board had moved from the 27th position in 2019 to being the most improved MDA in the country and the third position in 2020, and presently the first in the country.

Commenting on the report, the Executive Secretary of NCDMB, Mr Simbi Wabote explained that the “trend of the positions the board has been ranked shows the impressive level of work we have put into delivering quality service over the years.

“With the right attitude, training, and support, we have achieved the number one spot.

“We would not rest on our oars and we will continue to give our utmost best and commitment to delivering quality service to our stakeholders and also explore areas of improvement.”

Wabote thanked the NCDMB’s employees for their efforts in accomplishing the target he had set in June 2021 when he signed the Board’s SERVICOM Service charter.

He disclosed that the board signed Service Level Agreements (SLAs) with key stakeholders in the oil and gas sector to ensure promptness and effectiveness in the delivery of its statutory responsibilities.

Wabote said: “At some point, we challenged the oil and gas industry that we have a 15-day rule that anything they send to us and they do not get a response within 15 days, they should assume that it has been approved.

“Nobody has been able to take us to task on it because we meet the SLA that we signed.”

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