Nigerian govt worried as survey reveals corruption, inefficiency, other rots in regulatory agencies
Mr Osinbajo directed that CEOs and heads of such government regulatory agencies involved should be presented with the outcomes and interaction should take place regarding some of the worrying disclosures in the report of the survey.
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A survey reviewed by senior officials of the Nigerian government has revealed persistent corruption, duplicity of functions, poor service orientation, and several anti-business disposition in some of Nigeria’s regulatory agencies, an official has said.
The Cost of Compliance Report by the global auditing firm, PwC, was presented by Vice President Yemi Osinbajo to the Presidential Enabling Business Environment Council (PEBEC) on Wednesday, according to a statement by Laolu Akande, Mr Osinbajo’s spokesperson.
In a renewed attempt at further deepening the reforms of the nation’s business environment, the Presidential Enabling Business Environment Council, PEBEC, has resolved that CEOs and Heads of some Federal Government regulatory agencies be presented with the outcome of a recent survey that exposes major pitfalls in the operations of the agencies.
Conducive business environment vital for economic growth ― Osinbajo vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
Expected to attend the signing ceremony are Vice President Yemi Osinbajo, Senate President Ahmad Lawan, Speaker Femi Gbajabiamila of the House of Representatives, principal officers of the National Assembly and chairmen of the appropriation committees of both chambers.
Members of the Federal Executive Council (FEC) expected to grace the occasion include the Minister of Finance, Budget, and National Planning, Hajiya Zainab Ahmed, Minister of State, Budget and National Planning, Clement Agba, Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and Director General, Budget Office, Ben Akabueze, among others.
The 2021 budget is expected to be presented to President Buhari for signing by Senator Babajide Omoworare, Senior Special Assistant (SSA) to the President on National Assembly (Senate) and Umar El Yakub, his counterpart in the House of Representatives.
Nigeria: Buhari to Sign 2021 Budget Today - Presidency allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.