The Presidential Enabling Business Environment Council (PEBEC) unveiled its 2024 Half-Year Transparency and Efficiency report on Tuesday, showcasing substantial progress achieved by Nigerian Ministries, Departments, and Agencies (MDAs) in enhancing transparency and efficiency.
The Nigerian Content Development Board (NCDMB) topped the list with an impressive score of 83.1%, followed by the Standards Organisation of Nigeria (SON) at 78.2% and the Nigerian Agricultural Quarantine Service at 74.8%.
Dr. Jumoke Oduwale, Special Adviser to the President on PEBEC and Investment, presented the findings during a press conference in Abuja.
She noted that the number of MDAs scoring above 50% rose from eight in 2023 to 20 in 2024, indicating a positive trend in efficiency compliance.
However, she emphasized the need for ongoing improvements in service delivery to enhance Nigeria’s business environment.
The report also credited the Federal Government’s inaugural 90-day regulatory reform accelerator, launched on February 20, for driving these performance improvements.
Oduwale highlighted that MDAs consistently submitting monthly transparency reports performed better in the reform initiative.
Despite progress, she acknowledged ongoing challenges in the business climate, urging MDAs to strengthen their collaborative efforts to foster a more competitive environment in Nigeria.
Oduwale reiterated PEBEC’s commitment to driving reforms that enhance effectiveness, transparency, and collaboration among MDAs, to ensure that Nigeria continues to become an increasingly easier place to start and grow a business.
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