President Muhammadu Buhari yesterday in Abuja said his administration will soon introduce more policies to further ease the process of doing business in Nigeria.
Speaking after a presentation at the Presidential Villa on enhancing Nigeria’s trade and economic competitiveness, he said the new policies will be focused on increasing efficiency and transparency in government operations, and blocking of leakages from all revenue generating agencies.
In a statement endorsed by the Senior Special Assistant on Media and Publicity, Garba Shehu, explained that President Buhari’s administration was totally committed to closing all the loopholes in the revenue generating agencies, increasing their efficiency in trade facilitation and ensuring transparency in all government businesses so as to attract greater foreign direct investments into the country.
The president added that the Nigeria Customs Service, Ministry of Trade and Investment, Ministry of Finance and other relevant agencies will be encouraged to adopt some of the positive ideas contained in the presentation for implementation next year.
A representative of the company that made the presentation, Mr. Lim Chee Boon, told President Buhari that virtually all the countries that implemented its solutions have successfully reduced corruption in their import and export processes.