{"id":29033,"date":"2021-03-19T05:45:39","date_gmt":"2021-03-19T04:45:39","guid":{"rendered":"http:\/\/thefreezonechannel.com\/?p=29033"},"modified":"2021-10-07T00:24:29","modified_gmt":"2021-10-07T00:24:29","slug":"nec-inaugurates-ease-of-doing-business-report","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/nec-inaugurates-ease-of-doing-business-report\/","title":{"rendered":"Osinbajo presides over NEC  meeting, inaugurates Ease of Doing Business report"},"content":{"rendered":"<p>Anthony Areh<\/p>\n\n\n<p>The National Economic Council (NEC) has inaugurated the sub-national Ease of Doing Business report.<\/p>\n\n\n<p>The inauguration was performed at the virtual NEC presided over by Vice President Yemi Osinbajo on Thursday in Abuja.<\/p>\n\n\n<p>Mrs Jumoke Oduwole, Special Adviser to the President on Ease of Doing Business, briefed State House correspondents after the virtual NEC anchored from the Presidential Villa.<\/p>\n\n\n<p>\u201cIt is a pleasure to be briefing you today on the launch of the sub-national Ease of Doing Business report; it is been long awaited; the report was launched at the NEC today.<\/p>\n\n\n<p>\u201cAnd basically, this is a survey and you will recall that PEBEC has been on a nationwide tour since 2019 called iteration; where we met with medium size enterprises and got a lot of anecdotal information.<\/p>\n\n\n<p>\u201cSo, we decided to carry out an empirical survey; it was carried out by KPMG; the methodology framework had earlier being approved by NEC as far back as 2018.<\/p>\n\n\n<p>\u201cWe have four home grown indicator areas on which the survey is based: Infrastructure and security, transparency and access to information, the regulatory environment and skills and labour readiness in each state and the FCT.\u2019\u2019<\/p>\n\n\n<p>According to her, the objective of the report is to provide a status report of state\u2019s business climate and to provide a baseline on the business climate of each state.<\/p>\n\n\n<p>She said that it was on the basis of the report that the Ease of Doing Business agenda at the sub-national level was built.<\/p>\n\n\n<p>Oduwole said it was a coordinated agenda status and to showcase stories of SMEs across regions and states across the country as there were successes and challenges.<\/p>\n\n\n<p>\u201cWe will showcase some of those; and then, it serves as an information resource to businesses and investors alike.<\/p>\n\n\n<p>\u201cIf you want to move your business from one part of the country to another part of the country, you want to know what people are available in terms of employability and this report will give you a fair idea.<\/p>\n\n\n<p>\u201cYou want to know transportation cost; electricity provisions, supply; this report will give you a fair idea.<\/p>\n\n\n<p>\u201cIt is also going to help states as they prepare for their sub-national World Bank Ease of Doing Business ranking which is done once every four years.\u2019\u2019<\/p>\n\n\n<p>She said that the last edition was in 2018; hence the states were ready and collaborated with PEBEC.<\/p>\n\n\n<p>The special adviser said that some of the key opportunities for change that were identified had been collated.<\/p>\n\n\n<p>She said that the council would work with state governments starting from April to create implementation roadmaps that would be implemented.<\/p>\n\n\n<p>\u201cThe governors have unanimously accepted the findings of the report and the reform states\u2019 reform champion; each state has a reform champion and many states have already inaugurated their Ease of Doing Business Councils.<\/p>\n\n\n<p>\u201cIn case of Nasarawa, it is chaired by the governor, himself; some other states are chaired by the deputy governor; usually at that high level.<\/p>\n\n\n<p>\u201cSo, the Ease of Doing Business Councils report to the states\u2019 executive councils and they implement the report just like PEBEC and FEC; so, the system is replicated across the country,\u2019\u2019 she said.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-29033\" data-postid=\"29033\" class=\"themify_builder_content themify_builder_content-29033 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>Anthony Areh The National Economic Council (NEC) has inaugurated the sub-national Ease of Doing Business report. The inauguration was performed at the virtual NEC presided over by Vice President Yemi Osinbajo on Thursday in Abuja. Mrs Jumoke Oduwole, Special Adviser to the President on Ease of Doing Business, briefed State House correspondents after the virtual [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[655,243],"class_list":["post-29033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-and-industry","tag-ease-of-doing-business","tag-osinbajo","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Osinbajo presides over NEC meeting, inaugurates Ease of Doing Business report - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/nec-inaugurates-ease-of-doing-business-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Osinbajo presides over NEC meeting, inaugurates Ease of Doing Business report - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"Anthony Areh The National Economic Council (NEC) has inaugurated the sub-national Ease of Doing Business report. 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