The recent World Bank report on ease of Doing Business, covering 190 countries revealed that Nigeria’s ranking improved marginally from 170 to 169 out of the 190 countries surveyed.
The country’s overall global ranking improved by 44.63 per cent points average, against 44.02 per cent age points, in 2016.
It would interest you to know that in sub-Saharan Africa, Nigeria was ranked 36th out of 47 countries, with Mauritius, Rwanda and South Africa as the three leading countries in the region.
But there seems to be some good news underway..as the Federal Government has approved a 60-day national action plan for ease of doing business.
The plan is to be implemented in three priority areas: entry and exit of goods, entry and exit of people as well as government transparency and procurement.