A new framework has been developed to coordinate and harmonize the inputs of Ministries, Departments and Agencies (MDAs) to the efforts of the Federal Government to foster business environment in Nigeria, with the enactment of the Business Facilitation (Miscellaneous Provisions) Act (BFA) 2023
The provisions of the Act were unfolded by the Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, at a meeting to sensitize stakeholders on Tuesday, 4th April, 2023 at the Olusegun Obasanjo Auditorium, Federal Ministry of Justice, Abuja. Dr. Oduwole is also the Secretary to the Presidential Enabling Business Environment Council (PEBEC), which is chaired by the Vice-President, Prof. Yemi Osinbajo.
Participants at the meeting were representatives of MDAs that provide products and services to business operators. Under discussion were the responsibilities and liabilities of government and its agencies in the efforts to create an enabling environment for business.
The Act compels each MDA to provide a complete list of requirements and make it available to business operators to obtain these products and services.