Former President of the Nigeria Bar Association, Olisa Agbakoba (SAN) has given a thumbs up to the federal government on the modest gains achieved with the executive orders in the area of Ease of Doing Business.
The human rights lawyer in a statement at the weekend,recalled that parlous state of the economy led the newly inaugurated Buhari administration to take certain far-reaching measures to revive the economy, as a crucial part of the government’s economic transformation policy in 2016 with the formation of the Presidential Enabling Business Environment Council (PEBEC).
Specifically, he said, on February 21, 2017, the council approved a 60-Day National Action Plan detailing actions to be performed by certain Ministries, Departments and MDAs.
According to him,”Undoubtedly, the reforms introduced by the government led to an improvement in Nigeria’s ranking in the Ease of Doing Business. On November 8th 2017, the World Bank Country Director, Rachid Benmessaoud, presented the Report on the Ease of Doing Business to Vice-President Yemi Osinbajo, according to that report; Nigeria moved up by 24 points from the 169th position on the 2017 ranking to 145th and was included in the 10 most reformed economies.”
Going forward, the Principal Counsel at Olisa Agbakoba & Co, said it would make all of difference if government at all levels galvanise actions aimed at consolidating the gains recorded thus far in the major areas of the economy for sustained development.
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