Buhari To Introduce Fresh Policies To Enhance Business

Channels Television  
Updated December 14, 2015

BuhariPresident Muhammadu Buhari has said that 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’ on Monday, the President said that the new policies would be focused on increasing efficiency and transparency in government operations and the blocking of leakages from revenue generating agencies.

In a statement issued by President Buhari’s spokesperson, the President said that his administration remains fully 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 would be encouraged to adopt some of the positive ideas contained in the presentation for implementation in 2016.

A representative of the company that made the presentation, Mr Lim Chee Boon, had told President Buhari that virtually all the countries that implemented its solutions have successfully reduced corruption in their import and export processes.