WebThe Omnibus Act, which is a legislative intervention by the Presidential Enabling Business Environment Council (PEBEC), was presented as an Executive Bill to the National Assembly to amend 21 business-related laws, and remove bureaucratic barriers to conducting business in Nigeria. WebMar 30, 2024 · Introduction. The President, in February 2024, signed the Business Facilitation Bill into law, thus birthing the Business Facilitation Act of 2024 (“the Act” or “BFA”), the first of its kind, which became effective from 8 February 2024. The objective of the Act is to eliminate impediments to the ease of doing business, entrench ...

A REVIEW OF THE BUSINESS FACILITATION (MISCELLANEOUS …

WebFeb 14, 2024 · “Presented as an Executive Bill, the Business Facilitation (Miscellaneous Provision) Act, 2024 is a legislative intervention by the PEBEC which amends 21 … specialty spices local stores

Buhari Signs Business Facilitation Bill 2024 into Law

WebMar 16, 2024 · The Business Facilitation (Miscellaneous Provisions) Act was signed and enacted into law by President Muhammadu Buhari in February 2024. The Act aims to (i) promote the ease of doing business in Nigeria by ensuring transparency and regulatory efficiency; and (ii) facilitate the growth of businesses in Nigeria by reducing the time of … WebThe Act establishes a framework for the ease of doing business, ensure transparency, efficiency and productivity in Nigeria and related matters. This briefing note … WebMar 30, 2024 · The Act aims to (i) promote the ease of doing business in Nigeria by ensuring transparency and regulatory efficiency; and (ii) facilitate the growth of businesses in Nigeria by reducing the time of applications to Ministries, Departments and Agencies (MDAs) of the Federal Government. specialty sporting goods stores