₦airaland Forum

The Federal Government is busy working so hard for the betterment of this country, but some bad ballet people are there destroying the better work

We the Nigerian need this private sector investment, so our economy will develop to the higher level

STATE HOUSE PRESS RELEASE
OFFICE OF THE VICE PRESIDENT


VP wants an end to “all manner of constraints”

Asks businesses to call out govt officials making things difficult for people

At different levels of government, there is a need to take a second look at the regulation of small businesses with a view to addressing peculiar challenges they face in order to further promote private sector contribution to the country’s economic development.

Vice President Yemi Osinbajo made the observation in Abuja Monday at the commissioning of the Abuja Chamber of Commerce and Industry’s Trade & Convention Centre.

According to the Vice President, “with respect to government policy, of course, you are aware that the government’s position is that we must continue, on an incremental basis, to provide for ourselves, a properly enabling business environment in every respect which is why we have Presidential Enabling Business Environment Council (PEBEC) which focuses on trying to improve on the business environment.”

Prof. Osinbajo said “but I think that one of the drawbacks that we have had in improving the business environment is really with respect to how we regulate small businesses. So, for example in Abuja, I hear very frequently, small businesses who talk about the kind of problems that they experience, either with fumigation licenses, or one license or the other. All manner of constraints, which ideally should not occur.”

Citing a presidential directive on improving the business environment in the country, the Vice President said, “the private sector must work, very actively with us, in ensuring that we are policemen and women of the regulations.”

Prof. Osinbajo explained that “a time has come for us to have a Chamber of Commerce, paying attention to all that is going on in the MSMEs space especially with respect to regulation. You must call out government officials who are making it difficult for people to do business.

“If you recall, the President himself said that there is no way the private sector and business can thrive if government officials see themselves as roadblocks and hindrances as opposed to facilitators. Every government regulator must be a facilitator of business that is the way forward. We cannot afford a situation where government regulators see themselves as policemen only, they must be facilitators of things.”

The Vice President noted that “I know that the Minister of the FCT is actively working with the PEBEC and the Minister of Industry, Trade and Investment, have all been concerned about making this work. But Abuja is just one example of how generally speaking, all over the country, we need to take a second look at how we regulate small businesses.”

Speaking on the impact the Buhari administration’s pro-business finance initiatives, the Vice President said “as part of government policy, we have already more or less removed some of the major taxes. For Corporation taxes, if your turnover is under N25 million, your tax is zero. And we have reduced incrementally all the way up. So, with respect to Corporation taxes, at least, we know that we are doing quite well.

“If you look at the proposed Finance Act, there are several incentives for small businesses,” the Vice President added.

On the significance of the Convention Centre, the Vice President said “I was quite shocked frankly to see that such an incredibly sized building could have been done purely by voluntary private sector effort. This is why, in my opinion, this is a very important event because it underscores the strength and dynamism of our private sector which is a crucial component of economic development.”

Prof. Osinbajo noted that “as a matter of fact, I think that we are all generally, in agreement that there are at least three trends that will determine our economic development. The first, of course, is government policy, the second is private sector investment, and the third is that part of private sector which is the SMEs sector. I think that those three will definitely determine the way that our economic development trajectory proceeds in this country.”

Earlier in his remark, Minister of Industry, Trade and Investment, Otunba Niyi Adebayo assured the Abuja Chamber of Commerce and Industry (ACCI) of his ministry’s support in growing businesses in Nigeria.

On his part, President of ACCI, Prince Adetokunbo Kayode said the Convention Centre will serve as a place for the promotion of Nigerian businesses and the empowerment of the youths.

The Abuja Chamber of Commerce and Industry was established in 1986 with the principal objective of promoting economic and industrial development within the FCT in particular and Nigeria in general.


Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
14th December 2020

This is such a great scheme that benefit a lot of Nigerians, this administration have so great.

1. He sacked DSS DG Lawal Daura, for his reckless invasion of National Assembly.

2. He ordered an immediate overhaul of SARS after public outcry by Nigerians over extra judicial killings carried out by the Police unit.

3. He ordered ALL Service Chiefs to relocate to Maiduguri, Borno.

4. He signed the Executive order of Ease of Doing Business.
And lots more!

The VP is a leader who takes swift action whenever there is malfeasance; not like some namby-pamby.

The social housing scheme is expected to create 1.8m jobs as the Central Bank of Nigeria (CBN) commits initial N200 billion facility to the project which kicks off this week.

The Social Housing scheme of the ESP will build about 300,000 very affordable houses for Nigerians.

Don't miss out this opportunity apply now

Wow! I'm glad with this news Buhari and Osinbajo administration is doing so great, it's an awesome achievement

Indeed a pleasure being a presence of the lord

Our security really need to sept up with their work, measures and joint task force will be necessary

OneTemplate:
That guy is hopeless. His own case is one of ethnocentric and primordial hatred for the Yoruba ethnic group Osinbajo originates from.

Him and his IPOBian brothers would still only have negatives to say about Osinbajo eleven if the VP personally rescues their entire household from certain death. Sad guy.

You people are just confuse as sh*t seriously.
All that make them happy is bad news and sad news about Nigeria. Ingrates

Interesting, we pray for more of Osinbajo in nation Nigeria, very soon we will overcome all.

This is an incredible improvement

SocialJustice:
All Osinbajo does is make noise and sound smart with no real life gain.

Keep quiet

This process will really improve ant- corruption ranking in our nation

Nice one by the vice president, ever best VP in the history of our time

The VP is ever the master Key to this administration, see it now He just prove it here as the man with great knowledge and wisdom

Wow! Great development indeed

We all know PDP with their mischief statements,

A great leader indeed, thank you Mr VP for your wisdom and knowledge

LAGOS STATE POLICE COMMAND PRESS RELEASE | REF NO CZ: 5650/LA/PPRO/VOL.3/54


The Lagos State Police Command has again warned against any gathering, procession or protest in Lagos State as some unpatriotic individuals and groups are planning to embark on the replica of the recent destructive and violent Endsars protest that left pains and agonies in Lagos State

The Command has reliably gathered intelligence that certain individuals/groups have concluded plans to lure unsuspecting Lagosians, especially youths, into their planned protest which is proposed to commence tomorrow monday 7th December, 2020 at designated locations in the state.

The Lagos State Police command wishes to re-echo and remind the general public that the Government of Lagos State, businesses, individuals and security families still groan in losses and pains that the last violent Endsars protest occasioned. Lagos State is still nurturing the wounds orchestrated by some violent Endsars protesters and not fit to accommodate such protest for now.

In the light of the above, the Lagos State Police Command therefore warns those who might want to disguise under Endsars protest to cause another set of mayhem, brouhaha and violence in the state, to desist from such plans as the police and other security agencies will not fold their arms seeing individuals or groups orchestrating another violence and anarchy in the state.

The Command also warns parents and guardians to warn and discourage their children and wards from being lured into any act, gathering or protest capable of causing violence in the state.

The Command wishes to reiterate that any unlawful gathering, procession or protest will be suppressed professionally in accordance with the provisions of the law. The police command encourages Lagosians and those who are in Lagos for their genuine engagements, to go about their lawful businesses as all hands are on deck to maintain law and order within the length and breadth of Lagos State.

E-SIGNED,

SP OLUMUYIWA ADEJOBI(mnipr),
POLICE PUBLIC RELATIONS OFFICER
FOR:
COMMISSIONER OF POLICE
LAGOS STATE COMMAND
IKEJA
06-12-2020[/font][font=Lucida Sans Unicode][/font][font=Lucida Sans Unicode]

Our children protection is something we should take very serious

Osinbajo Quotes:

TERRORIST ATTACK ON FARMING COMMUNITY IN BORNO,
WE WILL DO ALL IT TAKES TO SECURE NIGERIA, OSINBAJO SAYS

Nigeria will surely overcome all the challenges

Great achievement, congratulations

Vice President Yemi Osinbajo is our for 2023

Congratulations, and Happy married life to them.

Osinbajo is even best for 2023

This 30k will a long way especially this Christmas season

Osibanjo is really trying his best to make Nigeria a comfortable place

This is another great opportunity for Nigerians to benefit from this scheme.

Beautiful and colorful wedding

I'm so happy with this colorful event

I think they should allow the Community policing to Join hands with Nigeria force