Presidential Enabling Business Environment Council (PEBEC) has officially launched its flagship subnational tour in Lagos, as the event was witnessed by business leaders, state officials and representatives of federal and state government departments and agencies at the Federal Palace Hotel, recently.
Themed ‘Lituation,’ the launch focused on highlighting several economic reforms engineered by the Council since July 2016, to transform Nigeria’s business environment, while also revealing a subnational tour of the six geo-political zones that offers entrepreneurs and other stakeholders an opportunity to collaborate more closely.
Over three years, the Council through the Enabling Business Environment Secretariat (EBES), has successfully implemented more than 140 reforms, all geared towards making doing business easier for Micro, Medium and Small Enterprises, which make up over 90 percent of registered businesses in Nigeria, contributing close to 50 percent of the country’s GDP.
Delivering the keynote address, Babajide Sanwo-Olu, governor of Lagos State, lauded the strength of the young Nigerian entrepreneurs as engine of growth for the country, as he also remarked on the progressively-easier business landscape in Nigeria as a result of improvement in both physical and technological infrastructure.
According to Jumoke Oduwole, special adviser to the President on Ease of Doing Business, “The next level for us presents itself as the need to deliver measurable results and impact in the improvement of regulatory, bureaucratic and legislative environments for businesses operating in Nigeria, particularly Micro, Small, and Medium Enterprises, so that you not only thrive, but are able to compete favourably with counterparts globally.”
