Nigeria has made significant progress, according to Vice President Prof. Yemi Osinbajo, in terms of business ease.
Osinbajo made the announcement on Thursday through his Special Assistant on Media and Publicity, Laolu Akande.
The Vice President, who will leave office on May 29, stated that the federal government, through the Presidential Enabling Business Environment Council, PEBEC, had delivered over 180 reforms and completed seven National Action Plans.
Osinbajo emphasised that more work is needed for Nigeria to be ranked among the top ten countries in the world for Ease of Doing Business.
“PEBEC has delivered over 180 reforms and completed 7 National Action Plans to improve the Nigerian business environment.
“These successes are anchored on the collaboration among all stakeholders. And we must all appreciate the efforts of our tireless civil and public servants. What we have seen over the last five years is a pointer to the possibilities for a new Nigeria,” he stated.
The Central Bank of Nigeria data said Foreign Direct Investment increased by 752.71 USD Million in the fourth quarter of 2022.