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Executive, legislature relationship impacting on economy—Osinbajo

By Johnbosco Agbakwuru

ABUJA—VICE President, Yemi Osinbajo, has said that the cordial relationship between the executive and legislature has tremendously impacted on the economic environment.

Yemi Osinbajo

Prof. Osinbajo also  assured that the Federal Government has put in place measures to eliminate bureaucracy on ease of doing business.

The Vice President, who  stated this Monday evening at an Impact Award event held at the Banquet Hall of the Presidential Villa, Abuja, organized by the Presidential Enabling Business Environment Council, PEBEC, also assured that  the executive and the legislature were collaborating on efforts that would eliminate bureaucracy in Nigeria.

According to him, the collaboration between the two arms of government manifested in the  rapid rise in the recent World Bank ranking.

He said:  “We are working hard on the attitudes of bureaucrats and persons who have been charged with the responsibility of making things easy.

‘’The whole business of processing pre-investment approvals and all of that should be with the view to making things easy, not with a view to becoming an obstacle of sort.”

He commended the improved  attitude of bureaucrats, adding that government was working to ensure that continuous progress was made in that regard.

While commending the award recipients, Osinbajo informed them that “the next few weeks will involve a lot of doing”.

He urged them to brace up for more challenges in the next plan of action towards achieving greater ease of doing business environment.

On Nigeria’s improved ranking   by the World Bank, Osinbajo said:  “There is absolutely nothing we cannot achieve as a people if we set our mind to it.”

He acknowledged the role the National Assembly played in deciding that it was time to create an enabling environment for businesses.

In an interview with the State House correspondents, speaker of the House of Representatives, Yakubu Dogara, said the National Assembly followed what he called the “Delaware Principle” in passing two bills aimed at facilitating ease of doing business in Nigeria.

He said:  “It was contingent upon the National Assembly to do all we can within the shortest possible time we had to support government initiative in order to improve the ease of doing business in this country.”

Dogara said it was the responsibility of the National Assembly to ensure that there was a conducive environment to attract more businesses and more foreign direct investments into Nigeria.

  • Commenting on the award given to the National Assembly at the event, Dogara said it was not “absolutely necessary for the National Assembly to be given any award or to be recognized for doing the work they were elected to do.”

But he contended that the award would motivate the members and the other award recipients to worker harder.

Among other agencies that received the awards were the Corporate Affairs Commission, CAC, the Nigeria Immigration Service, the Central Bank of Nigeria and the Federal Inland Revenue Services, FIRS.

Lagos State was given Impact Award: Construction Permit, while Kano State was given Impact Award: Registering Business.





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