The Presidential Enabling Business Environment Council (PEBEC) has released the second edition of the Subnational Ease of Doing Business Report for 2023, which once again placed Gombe 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 (6.79), followed in third by Sokoto State (6.88).
Since 2017, the PEBEC has been implementing reforms aimed at removing bureaucratic constraints to doing business and to make Nigeria a progressively easier place to do business.
The 2023 Subnational Ease of Doing Business Report builds on the inaugural Subnational EoDB Baseline Report released in March 2021.
- UNN confers Zenith bank CEO Onyeagwu with doctorate degree
- 5 most attractive property destinations in Kano
A breakdown of the report by geopolitical zones shows that Plateau State (5.8) topped the states in North Central; with Gombe State (7.15) topping the states in North East; Jigawa State (6.88) topping North West; Anambra State (6.19) first among the states in the South East; Rivers State (5.76) on top of South South; and Ekiti State (5.79) on top of South West.
The key findings from the survey indicate that there has been a marginal improvement in satisfaction with the ease of doing business in Nigeria from the 2021 baseline with the 2023 EoDB weighted score increasing to 5.69 (against 5.45 in the baseline).
Infrastructure and a Secure and Stable Environment are the key drivers of satisfaction both accounting for 41.1 % (22.8% and 18.3% respectively) of satisfaction.
