The Nigerian government is trying to make the country more business-friendly.
Specifically, it's trying to make it easier for small and medium-sized businesses to start and grow.
Specifically, it's trying to get rid of red tape, among other things, the Guardian reports.
The country's vice president, Kashim Shettima, made the plea Friday during a meeting of the Presidential Enabling Business Environment Council, which is part of President Bola Ahmed Tinubu's eight-point agenda.
"We must align with the vision of President Tinubu and ensure that our pursuit of a business environment that fosters innovation, creativity, and productivity is built upon the pillars of the eight-point agenda," Shettima said, per the Guardian.
Tinubu's eight-point agenda includes boosting the country's infrastructure, reducing corruption, boosting the private sector, and promoting innovation and entrepreneurship.
Among the reforms being put in place by the Presidential Enabling Business Environment Council, or PEBEC, is the creation of a new business champion for each state in the country, as well as the creation of a dedicated ministry for small and medium-sized businesses.
The Guardian notes that Nigeria's business-friendly laws are among the world's most rigid, Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
Government efforts to promote entrepreneurship always fail because they focus on building science parks and top-down clusters.