In a statement issued earlier today in Abuja, President Muhammadu Buhari said that his administration will soon introduce more policies to further ease the process of doing business in Nigeria.

President Muhammadu Buhari

Spokesman Garba Shehu said the President made the remark following a presentation at the Presidential Villa on enhancing Nigeria’s trade and economic competitiveness.

A representative of the company that made the presentation, Mr. Lim Chee Boon, had told President Buhari that virtually all the countries that implemented its solutions have successfully reduced corruption in their import and export processes.

The company in question was not named, and the context of the presentation was unclear.

President Buhari said that his administration was fully committed to closing all the loopholes in the revenue generating agencies, increasing their efficiency in trade facilitation, and ensuring transparency in all government businesses so as to attract greater foreign direct investments into the country.

He underlined that his forthcoming policies will be focused on increasing efficiency and transparency in government operations, and the blocking of leakages from revenue generating agencies.

The President added that the Nigeria Customs Service, Ministry of Trade and Investment, Ministry of Finance, and other relevant agencies will be encouraged to adopt some of the positive ideas contained in the presentation for implementation next year.

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