Osinbajo launches 60-day plan to boost economy

Acting President Yemi Oinbajo has launched a 60-day national action plan to strengthen Nigeria’s economy which had for months been battered by recession.

This goal is expected to be achieved by the Presidential Enabling Business Environment Council (PEBEC) which is chaired by Osinbajo.

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Part of the goals, it was learnt, is to implement short-term reforms that would shore up the economy as the acting president says that within this period, the council will focus on areas that would bring the needed change to small and medium enterprises as well as boost the country’s business environment.

Legit.ng had earlier reported a meeting between Osinbajo, Senate President Bukola Saraki and Speaker Yakubu Dogara of the House of Representatives.

The acting president was quoted as saying: “We are trying to improve the business environment in three broad respects; the entry and exit of goods; entry and exit of persons into Nigeria, and then general government transparency- transparency and efficiency in government agencies, parastatals.

“The whole idea is that we are able to provide an environment for those who want to do business in Nigeria- local businesses and of course, foreign businesses.

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“There are pieces of legislations that we are also looking forward to seeing. We are working together with the National Assembly to ensure that these pieces of legislations are passed.

“There are improvements which we expect to see at our ports. Improvements at our airports, improvements at the seaports, improvements in immigration visas etc.”

Reuters also reports quotes Osinabjo as saying:“There are improvements which we expect to see at our ports. Improvements at our airports, improvements at the seaports, improvements in immigration visas.”

Source: Legit.ng