FG suspends ease of doing business implementation

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Dr.-Jumoke Oduwole

The Presidential Enabling Business Environment Council has suspended the implementation of its 60-day National Action Plan due to the effect of COVID-19 on activities in the country. On February 5, 2020, PEBEC commenced its fifth 60-day NAP 5.0 aimed at the rapid implementation of targeted reforms for the improvement of Nigeria’s business environment.

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A statement from PEBEC stated, “Nigeria’s signature National Action Plans are 60-day accelerators used for the delivery of priority business climate reforms in the country.

“NAP 5.0 was billed to run from February 5, 2020 to April 4, 2020, however, the reforms implemented so far cover only the first 38 days of the 60-day accelerator, due to disruptions to work caused by the COVID-19 pandemic.”

The Special Adviser to the President on Ease of Doing Business and Secretary to the PEBEC, Dr Jumoke Oduwole, said, “While the NAP 5.0 reform window is on hold for now, the implementation of outstanding reforms will resume in earnest immediately after the COVID-19 pandemic lockdown comes to an end.

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