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Home Business News

Buhari Will Introduce Fresh Policies To Foster Business

Editor by Editor
December 15, 2015
in Business News, Politics
Buhari Set To Slash Number Of Foreign Missions
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President Muhammadu Buhari has said that his administration will soon introduce more policies to further make the process of doing business in Nigeria pleasurable.

Buhari spoke 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.

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In a statement issued by Buhari’s spokesman, 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.

Buhari added that the Ministry of Trade and Investment, Nigeria Customs Service, 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, a move  welcomed by the President

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