President Muhammadu Buhari says Nigeria is now rated highly in ease of doing business index than it did in the past
He said entrepreneurs now enjoy conducive environment that let their businesses thrive.
The president made this known during Iftar with members of the business community and the leadership of political parties in Abuja on Tuesday night.
According to a statement by Femi Adesina, presidential spokesman, Buhari said the ease of doing business in Nigeria is better now than before.
The president said his administration had done “exceedingly well” in improving the business climate of Nigeria.
The president asked the private sector to complement government’s effort in poverty reduction and job creation for young people.
In 2020, Nigeria ranked 131 globally on the World Bank’s ease of doing business index.
The country moved up by 15 places from its previous position — 146.
‘‘No administration has done as much as we have done in the creation of a climate best suited for business, big and small, to thrive,” Buhari said.
‘‘The ease of doing business index that is globally recognized has acknowledged that the ease with which business is carried out in the country has never been better than it is today. We will continue to make it better.
‘‘We will equally continue to count on the support of the private sector to improve economic growth and create new job opportunities for our teeming population.
‘‘Employment is critical to stability and prosperity of our country. Government and the private sector, working together, have an opportunity to transform the lives of people in ways that was hard to imagine in the past.”