Elhabeeb1:


If you had studied the 2016 Budget, you would know that one of the Strategic Implementation Plan is to move 20 places up the ranking of "Ease of doing Business"

But this is just a vague statement of intent. Where are the concrete policies which will turn this into a reality? Without such policies, it remains as meaningless as any of the other ambitious goals Nigerian politicians love to announce but never actually deliver on.

holatin:
u and stupidity. Na wao
how can an investor cum in drone in a country of bad electricity, security probs and failed finance sytem.

U need 2 stop commenting on nairaland

Itz obvious u are one of the blind citizens, easily tricked by the epistle of change. Akpamu
#Can'ttalkmuch

This is terrible there's only 200 countries at most last time I looked.

omohayek:


Exactly! These are the sorts of things a serious minded administration would be addressing, but we have yet to hear a single word from anybody in this government about removing any of the numerous roadblocks Nigerian public officials put in the way of people trying to do business. This fact alone is why I cannot believe that this government (or any of the preceding ones, for that matter) has the slightest clue about what it will take to get the Nigerian economy seriously growing.

Why do visitors from the EU , America and other developed countries need a visa to visit Nigeria? It's plain dumb

alignacademy:
Quoting the OP:

"The World Bank stated this in its Ease of
Doing Business report titled, Doing Business
2017: Equal Opportunity for All, published
yesterday. The report indicated that Nigeria
moved up by one point from 170th position on
the 2016 ranking to 169th position for the
2017 ranking.

The report also shows that most improvement
for Nigeria is in area of access to credit
where the country moved up by 16th position.

44th position in terms of Getting Credit,
32nd position in terms of Protecting minority
investors"

So even from the report, we have made a few
positive strides.

Yes, we do have our challenges, but we also
need to understand that growth is a PROCESS.

I find it funny that people actually believe
that a few foreign visits will change us
overnight. Especially as we keep up with our
old ways of thinking.

It doesn't work that way.

We can make progress when we focus on what
works. Just assuming that everything Nigerian
won't work is not even backed by the stats.

Thank goodness for a forum like this where we
can get our views out, but let's be
constructive about it. In our own little
way, what are we doing to improve the way
business is done in Nigeria?

Cheers

As much as you want to see the glass half full, Buhari's statist economic policies are devastating the economy and will nit get it out of the woods.

The best example of the ineptitude is the massive differential between the official and black market rate.it's presently about 50%. It should not be more than 3%. Buhari's refusal to allow the market dictate the rates has led to This aberration. This has led to a chronic scarcity of foreign exchange and to the demise of companies starved of it.

Elhabeeb1:


If you had studied the 2016 Budget, you would know that one of the Strategic Implementation Plan is to move 20 places up the ranking of "Ease of doing Business"

The government's protectionist policies and restrictive foreign exchange policies have plunged this country into an avoidable recession.