President Muhammadu Buhari, said yesterday in Abuja 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.
President Buhari in a statement issued by his senior special assistant, Media, Mallam Garba Shehu, said that his administration would soon introduce more policies to further ease the process of doing business in Nigeria.
Speaking after a presentation at the Presidential Villa on enhancing Nigeria’s trade and economic competitiveness, the president said that the new policies would 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 industry and investment, ministry of finance and other relevant agencies would be encouraged to adopt some of the positive ideas contained in the presentation for implementation next year.
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.