Ease of doing business: Nigeria’s rank moves up

The Nigerian Ministry of Information says, the country has moved twenty-four points up in the global ranking of ease of doing business.

The Minister of Information Lai Mohammed stated this in Abuja while defending the Ministry’s 2019 budget before the House of Representatives Committee on Information and Culture, Voice of Nigeria reports.

He said that the development was a result of the Ministry’s advocacy and enlightenment programmes in and around the world.

“We did tell them exactly what the government is doing to correct the anomaly. Yes, of course, it is part of the mandate. We all go there not just to correct the misinterpretation but also to tell them what concrete steps the government is taking.” 

The Minister also attributed most of the clashes and security challenges in the country to environmental factors, adding that government was doing all it can to ensure adequate security in the country:

“What we are dealing with is largely environmental issues. A country of fifty million fifty years ago today has the population of about two hundred million people.

“In 1962 what was our population in Nigeria? Fifty-two million people. What are we today? One hundred and eighty million and the country has not expanded. On the contrary, it has contracted because we lost land to desertification, we lost land to flooding.

“And yet two hundred million people are supposed to use the same resources of land and water as fifty million people did.

“Take the Lake Chad for instance, the Lake Chad has lost 90% of its surface waters. That is why you will see the migration. So when we go abroad we put across these facts, and in addition, we tell them what government is doing to contain this.”

Nigeria now occupies 145th position from the 169th position it was three years back.

Category: 
myfinancialintelligence.com