{"id":748683,"date":"2019-11-20T21:18:07","date_gmt":"2019-11-20T21:18:07","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/20\/pebecs-l-i-t-sub-national-tour-reflects-real-time-effect-as-ease-of-doing-business-improves-in-nigeria\/"},"modified":"2019-11-20T21:18:07","modified_gmt":"2019-11-20T21:18:07","slug":"pebecs-l-i-t-sub-national-tour-reflects-real-time-effect-as-ease-of-doing-business-improves-in-nigeria","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/20\/pebecs-l-i-t-sub-national-tour-reflects-real-time-effect-as-ease-of-doing-business-improves-in-nigeria\/","title":{"rendered":"PEBEC\u2019s L.I.T. Sub-National Tour Reflects Real-Time Effect As Ease Of Doing Business Improves In Nigeria"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p><span style=\"font-weight: 400;\">The World Bank\u2019s 2020 Doing Business Index (DBI) recently placed Nigeria in 131<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> position in the \u2018Ease of Doing Business\u2019 ranking, out of 190 countries. Only two Sub-Saharan African economies rank in the top 50, while most of the bottom 20 economies in the global rankings are from the region.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Compared to other parts of the world, Sub-Saharan Africa still underperforms in several areas, especially with basic infrastructure such as electricity. But in recent years, Nigeria has conducted reforms impacting six indicators, including making the enforcement of contracts easier, which placed the 200-million-person economy among the world\u2019s top improvers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As indicated by the World Bank in 2019, Nigeria has made the process of starting a business simpler by operationalising an electronic platform that coordinates the duty authority and the Corporate Affairs Commission (CAC). Likewise, the commission updated its name reservation platform and, in Kano, there is currently a web-based electronic platform for enlisting businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While company registration in Nigeria has consistently been an issue for entrepreneurs in the past, the procedure has been digitised for more to ensure a significant reduction in time, cost, and procedures needed to start, and run a business.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-724517\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/11\/Special-Adviser-to-the-President-on-Ease-of-Doing-Business-Dr-Jumoke-Oduwole-and-the-Governor-of-Lagos-State-Babajide-Sanwo-Olu-600x400.png\" alt=\"\" width=\"380\" height=\"253\"  \/><\/p>\n<p><span style=\"font-weight: 400;\">If these reforms appear abstract, the PEBEC has created a solution for that. With a kick-off in Lagos that had the Lagos State Governor in attendance along with his cabinet members in charge of business-related activities, the \u2018Listen. Implement. Track\u2019 sub-national tour aims to take live demos of reforms across the nation in a tour across the 6 geo-political zones.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This series of events, themed: <\/span><b>Lituation<\/b><span style=\"font-weight: 400;\"> has already held in the North \u2013 Central (Kwara) and the South \u2013 East (Imo) zones. These open registration events have allowed the business communities in the states where it has held to interact directly with regulators, given them a chance to interact in real-time with the reforms and where necessary, give feedback on areas of improvement.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-724641\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/11\/unnamed-file-600x400.jpg\" alt=\"\" width=\"380\" height=\"253\"  \/><\/p>\n<p><span style=\"font-weight: 400;\">Owners of micro, small, and medium scale businesses who have spoken at each of the Lituation events \u2013 including Ola Orekunrin of Flying Doctors, Onyeka Akumah of Farmcrowdy, Aanu Oriyomi of Meesquared Royale Ventures, and Ifeanyi Orajaka of CVE Projects Limited \u2013 all attest the huge improvements they have experienced in starting and running their businesses, getting complaints against regulators resolved using the <\/span><span style=\"font-weight: 400;\">ReportGov<\/span><span style=\"font-weight: 400;\"> App, as well as the positive impact these have had on their business bottom lines.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-724615\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/11\/L-R-Secretary-to-the-Kwara-600x400.jpg\" alt=\"\" width=\"380\" height=\"253\"  \/><\/p>\n<p><span style=\"font-weight: 400;\">The L.I.T. sub-national tour continues on Monday, 18 November 2019 with its South \u2013 West stop in Ekiti, and in the three remaining geo-political zones before the year runs out. According to the head of the Enabling Business Environment Council and special adviser to the President on Ease of Doing Business, Dr Jumoke Oduwole, PEBEC is committed to making \u201csure that the system is maximised for every single person toiling, or tilling the soil to move Nigeria\u2019s economy forward.\u201d<\/span><\/p>\n<p>              &#13;\n                    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank\u2019s 2020 Doing Business Index (DBI) recently placed Nigeria in 131st position in the \u2018Ease of Doing Business\u2019 ranking, out of 190 countries. Only two Sub-Saharan African economies rank in the top 50, while most of the bottom 20 economies in the global rankings are from the region.\u00a0 Compared to other parts of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":748684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-748683","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PEBEC\u2019s L.I.T. Sub-National Tour Reflects Real-Time Effect As Ease Of Doing Business Improves In Nigeria - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/11\/20\/pebecs-l-i-t-sub-national-tour-reflects-real-time-effect-as-ease-of-doing-business-improves-in-nigeria\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"PEBEC\u2019s L.I.T. Sub-National Tour Reflects Real-Time Effect As Ease Of Doing Business Improves In Nigeria - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The World Bank\u2019s 2020 Doing Business Index (DBI) recently placed Nigeria in 131st position in the \u2018Ease of Doing Business\u2019 ranking, out of 190 countries. Only two Sub-Saharan African economies rank in the top 50, while most of the bottom 20 economies in the global rankings are from the region.\u00a0 Compared to other parts of [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/11\/Special-Adviser-to-the-President-on-Ease-of-Doing-Business-Dr-Jumoke-Oduwole-and-the-Governor-of-Lagos-State-Babajide-Sanwo-Olu.png\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/20\\\/pebecs-l-i-t-sub-national-tour-reflects-real-time-effect-as-ease-of-doing-business-improves-in-nigeria\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/20\\\/pebecs-l-i-t-sub-national-tour-reflects-real-time-effect-as-ease-of-doing-business-improves-in-nigeria\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"headline\":\"PEBEC\u2019s L.I.T. 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