FG, NASS agree on 60 days for passage of business bills

By Abdullahi M. Gulloma

The federal government and the leadership of the National Assembly have agreed on a 60-day timeline for the passage of the Credit Bureau Bill and Collateral Transactions Security Bill to improve ease of doing business in the country.
The decision was reached at an expanded meeting of the Presidential Enabling Business Environment Council yesterday in Abuja.

The meeting, chaired by Acting President Yemi Osinbajo, was attended by the President of the Senate, Dr Abubakar Bukola Saraki and the Speaker of the House of Representatives, Mr. Yakubu Dogara.
Addressing to journalists at the end of the meeting, Acting President Yemi Osinbajo said the essence of having the lawmakers at the meeting was to enable the two arms of government to work together to improve business environment in the country.

“We have looked at three broad areas that we are trying to improve ease of doing business. There are: Entry and exit of goods, entry and exit of persons into Nigeria and the whole general transparency and efficiency in government agencies and parastatals.
“Of course the whole idea is to provide an environment for those who want to do business both local and foreign in Nigeria,” he said.

Also speaking, President of the Senate, Dr Abubakar Bukola Saraki, said their presence at the meeting was to emphasis the importance of the issues at stake.
“Some of the issues about addressing business environment are addressed to policies but there are some that need legislation and we have been talking about what is our own responsibility there,” he said.

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