BusinessDay

PEBEC: NSC wins World Bank Ease of Doing Business ranking award

In recognition of the efforts put into driving reform in the nation’s port environment through the Presidential Enabling Environment Council (PEBEC), the Nigerian Shippers’ Council (NSC) has won the World Bank 2019 Doing Business Ranking Award.

The award was in recognition of its contributions to the implementation of Trading across Border Indicator of the World Bank Doing Business, which saw Nigeria move up 15 places on the World Bank Doing Business Ranking 2020.

Adaora Nwonu, NSC’s reform champion at PEBEC, also received a special recognition award as the reform champion of the Council on the World Bank 2020 Doing Business Index.

The Annual PEBEC Award which took place at the State House in Abuja was hosted by the (PEBEC) under the chairmanship of the Vice President Yemi Osinbajo.

Osinbajo reiterated the critical role enabling business environment plays in a nation’s effort to grow in a sustainable manner and ensure the prosperity of its people.

While commending the awardees, he urged them to keep up the good work by going the extra mile in supporting the actualisation of the Federal Government’s reforms towards ensuring a business environment that is conducive.

Jumoke Odumole, special adviser to the President on Ease of Doing Business/ PEBEC secretary, acknowledged the support of Ministries, Department and Agencies as well as private sector institutions towards the improvement recorded by Nigeria on the World Bank Doing Business Ranking and Being named among the top 10 most improved economies for the second time.

She noted that there was still more work to be done to attain the target of being among the first 70 on the World Bank’s index by 2023.

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