NESG to lawmakers: Prioritise business environment

The Nigeria Economic Summit Group (NESG) has impressed it on lawmakers, the need to ensure a conducive and business-friendly environment for the growth and development of any economy.

The Chairman of the Board of the NESG, Mr. Kyari Bukar, who stated this at the weekend during the formal presentation of the Business Environment Legislative Review Report to the Senate President, Dr. Abubakar Bukola Saraki in Abuja, said that without such proactive interventions, the nation risks losing the few jobs available as well as the opportunity of moving significantly upwards in the doing business ranking and the world economic forum competitiveness ranking.

He commended the 8th National Assembly for its efforts and commitment at ensuring that there are appropriate regulatory and legislative instruments to make the business environment in Nigeria conducive for investments to thrive.

Read also: Corruption, bane of business growth across Africa –Report

Bukar said: “A friend of mine keeps saying that there is really no difference between running a business and running a country. If you don’t have proper governance processes and in the case of a nation, legislative and regulatory framework in place, you still do not have sustainable outcome.

“This is why our legislature has a critical role to play for exercising its powers to make, amend or repeal the necessary laws that will facilitate the development of small and medium enterprises.

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