Gombe, Jigawa top ‘friendliest business’ states

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The Presidential Enabling Business Environment Council has released the second edition of the Subnational Ease of Doing Business Report for 2023, which once again places Gombe and Jigawa ahead of the 36 states and the Federal Capital Territory.

Gombe, referred to as the Jewel of the Savannah, recorded a weighted score of 7.15 to emerge as the state providing the friendliest environment for business. Placed second is Jigawa State , followed in third by Sokoto State .

Since 2017, the PEBEC has been implementing reforms aimed at removing bureaucratic constraints to doing business and making Nigeria a progressively easier place to do business. It subsequently made a proposal to the National Economic Council to replicate the ease of doing business initiative at the subnational level, which was unanimously approved in July 2017.

Nigeria’s Subnational Ease of Doing Business Report was undertaken by the PEBEC to provide empirical information on the attractiveness of states’ business climates and to serve as a credible reference resource for businesses and investors. The 2023 Subnational Ease of Doing Business Report builds on the inaugural Subnational EoDB Baseline Report released in March 2021 and improves it in several areas, including deepening of the methodology and enhancing the statistical significance of the Survey.

Source: News Formal (newsformal.com)

 

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