#LBC2023: Business Enabling Environment: Is Nigeria getting it right?

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The business enabling environment plays a crucial role in fostering economic growth and attracting investments in any country. This session examines the current state of Nigeria’s business enabling environment. It considers key factors such as infrastructure, regulatory framework, ease of doing business, government policies, and investment climate. It recognizes government’s efforts to improve the ease of doing business and the results it yielded, as reflected in Nigeria’s improved ranking in the World Bank’s Doing Business report. The recent enactment of the Business Facilitation Act which amends 21 business-related laws, removing bureaucratic constraints to doing business in Nigeria is a huge launch into a better economy. Despite experiencing growth in sectors such as telecommunications, e-commerce, and financial technology, Nigeria needs to address certain critical issues in order to enhance business enabling environment. By addressing infrastructure gaps, streamlining regulations, and fostering collaboration, Nigeria can create a more favorable environment for businesses to flourish, attract investments, and contribute to the country’s overall economic development.

Adeola Olumeyan
Company Secretary, Channels Television/Co-chair, Inhouse and Govt Counsel Forum, NBA (Lagos) – Moderator

Damilola Aloba
Strategy and Transactions Partner/Consumer Industries Group leader for West Africa, Ernst & Young

Zephia Ovia-Ikem
Product Strategy and Operations Specialist, Paystack

Toyin Bashir
Partner, Banwo & Ighodalo

Morayo Adebayo-Adisa
Technical Assistant to the Chief Executive Officer, Federal Competition and Consumer Protection Commission (FCCPC)

The Legal Business Conference will hold on 27 July 2023 at Civic Centre, Ozumba Mbadiwe Road, Victoria Island, Lagos and virtually via zoom.

Click the link to register for LBC 2023 https://legalbiznetwork.com/lbc2023

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