FG Boast As Nigeria Ranks 131 In World Bank Ease Of Doing Business Index

The Buhari led Federal Government has announced that Nigeria is now ranking 131th in the World Bank ease of doing business index.
The presidency revealed the new ranking on Thursday through a statement to newsmen by the Special Adviser to the President on Media and Publicity, Femi Adesina in Abuja.
Adesina noted that Nigeria was one of only two African countries to make this highly prestigious list. With this year’s leap, Nigeria has improved an aggregate of 39 places in the World Bank Doing Business index since 2016.
The Doing Business Index is an annual ranking that objectively assesses prevailing business climate conditions across 190 countries based on 10 ease of doing business indicators.
The index captures ease of doing business reforms that have been validated by the private sector, and offers comparative insights based on private sector validation in the two largest commercial cities in countries with a population higher than 100 million. The report consequently features Lagos and Kano for Nigeria.
Welcoming the announcement, President Buhari noted that “the movement of 15 places to 131 as well as the recognition being given to Nigeria as one of the top 10 most improved countries, that have implemented the most reforms this year, is significant because we were not even able to achieve some of the key reforms we had pursued, but what we have done so far is being recognized.
“This validation confirms that our strategy is working and we will continue to push even harder to deliver more impactful reforms.”

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