|
Getting your Trinity Audio player ready...
|
HARRISON EDEH, ABUJA
The Federal Government on Thursday said it was aiming to attain between the first and 100th position on the World Bank ranking on the ease of doing business index with the launch of I Guide, an investment guide for domestic and foreign investors into the country.
Nigeria appreciated 24 places in the recent ranking of the World Bank ease of doing business ranking presented last year, moving from 169 places to 145 among 190 ranked countries, as officials of the Nigerian government express optimism that with government’s efforts to improve ease of doing business, Nigeria would fare better in 2018 ranking.
Okechukwu Enelemah, minister of industry, trade and investment, who gave the information at the launch ‘I Guide’ Nigeria, said with the launch, investors could now have valid information access, while making investment decisions into Africa’s largest economy.
Represented by Edet Akpan, permanent secretary in the ministry, Enelemah said, “Investors seeking to make investment into the Nigeria’s economy could now have a one stop Information Centre since all the information required from Labour laws, industrial relations, payment of Taxes and all forms of levies are also provided there.”
Also in her remarks, Yewande Sadiku, executive secretary of the Nigeria Investment Promotion Commission (NIPC), said countries that have ‘I Guide’ utilised it to fast track investment inflow because investors could access information under one umbrella.
“The Web portal has been made easier such that all the languages recognised by Google could translate the information on the portal. The Japanese, Chinese, and other global countries could source for investment information in their respective languages once they click on the portal,” Yewande said.
She further noted that with the launch of the I Guide would also impact greatly on the recently launch of the Economic Diplomatic Initiatives launched by Vice President Yemi Osinbajo, with the target of ensuring Nigeria mission abroad market economic and investment information about Nigeria.
“The I Guide would also be hoisted on Nigeria’s diplomatic missions abroad to ensure investors seeking investment information about Nigeria gets it on the click of a button at our embassies portal,” Yewande noted.
”We would also review information there on a quarterly basis so that investors could also have access to any changes or updates we make,” she said.
