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We Must Sustain The Ease Of Doing Business Reforms – Osinbajo

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OFFICE OF THE VICE PRESIDENT | PRESS RELEASE

The Buhari administration’s business reforms, through the Presidential Enabling Business Environment Council (PEBEC), is an opportunity to significantly boost local and foreign investments in the country, according to the Vice President Yemi Osinbajo.

Prof. Osinbajo spoke today at a virtual meeting of the PEBEC to review the state of the reforms across a number of government agencies, noting that the Federal Government will continue to take the opportunity and ensure that more results are recorded.

As a result of the work of PEBEC, the World Bank has praised the economic direction of the Buhari administration and ranked the country higher in its annual Ease of Doing Business Rankings.

According to the Vice President, “This is a country with so much promise, this is a country that has so much resources and our administration has every opportunity to do something profound about investments in Nigeria.

“We must focus on how to get our business environment working.”

Earlier in his presentation, the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo expressed optimism that the challenges observed in sustaining the successes recorded in the reforms will be addressed.

On his part, the Minister of the Federal Capital Territory (FCT), Alhaji Mohammed Bello, said sustaining the PEBEC reforms is a priority for Nigeria as the country would not have risen in the Ease of Doing Business rankings if not for PEBEC.

The Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, said the Enabling Business Environment Secretariat (EBES) will continue to drive the mandate of PEBEC through extensive collaborations, adding that the National Action Plan 5.0 has been extended to July 29, 2020.

Attendance at the meeting, chaired by Vice President Yemi Osinbajo, included Minister of Industry, Trade and Investment, Otunba Niyi Adebayo; Minister of Interior, Mr. Rauf Aregbesola; Minister of FCT, Alhaji Mohammed Bello; Minister of Communication and Digital Economy, Dr. Isa Pantami; Minister of Information, Alhaji Lai Mohammed; Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum; Head of Civil Service of the Federation, Dr. Folashade Yemi-Esan; Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, amongst other members of the council.

*Laolu Akande,*
Senior Special Assistant to the President on Media & Publicity,
Office of the Vice President.
21 July 2020

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Police arrest wanted Abuja kidnapper, Dahiru after Wike’s N20m Bounty

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Operatives of the Federal Capital Territory Police Command have arrested a wanted notorious kidnapper, Saidu Abdulkadir, popularly known as Dahiru Adamu.

This comes barely three days after the FCT Minister, Nyesom Wike placed a N20m bounty on the suspect and one other wanted kidnapper, Abu Ibrahim.

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PHOTOS: FG welcomes Super Eagles with breakfast

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The Super Eagles have arrived in the Federal Capital Territory after their second-place finish at the just concluded African Cup of Nations final.

Players including Alex Iwobi, Ahmed Musa, Victor Osimhen, Ola Aina, Frank Onyeka, Calvin Bassey, Ademola Lookman, Kenneth Omeruo, Joe Aribo and Williams Troost-Ekong were at the welcome breakfast at Transcorp Hilton, Abuja.

Members of the coaching crew are also at the breakfast.

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Hardship: We Plan To Establish A National Commodity Board To Crash Food Prices – VP Shettima

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Vice President, Kashim Shettima, disclosed this on Tuesday during a two-day high-level strategic meeting on climate change, food systems and resource mobilization held at the Banquet Hall of the Presidential Villa, Abuja.

According to Shettima, the board’s mandate includes assessing and regulating food prices, as well as overseeing a strategic food reserve to stabilize prices of critical grains and other essential food items.

“Our solution to the potential food crisis has become immediate, medium, and long-term strategies. The short-term strategy entails revitalizing the food supply through specific interventions like the distribution of fertilizers and grains to farmers and households to counteract the effects of subsidy removal; fostering collaboration between the Ministry of Agriculture and the Ministry of Water Resources for efficient farmland irrigation, ensuring year-round food production, and addressing price volatility by establishing a National Commodity Board.
“This board will continually assess and regulate food prices, maintaining a strategic food reserve for stabilizing prices of crucial grains and other food items,” Shettima said.

On how the government is handling the security challenges that have prevented farmers from working on their farms, he said:

“I wish to assure you that we will engage our security architecture to protect the farms and the farmers so that farmers can return to the farmlands without fear of attacks.
“We won’t only make it safe for farmers to return to their farms, but we will also ensure the activation of land banks. There are currently 500,000 hectares of already mapped land that will be used to increase the availability of arable land for farming, which will immediately impact food output.”

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