NCDMB leads as PEBEC releases H1 2023 E01 compliance report

The Nigerian Content Development and Monitoring Board has emerged as the most efficient and transparent government agency, according to the 2023 Half-Year EO1 Compliance Report by the Presidential Enabling Business Environment Council (PEBEC).

In the report released on Monday, NCDMB, the Standards Organisation of Nigeria (SON) and the Nigeria Agricultural Quarantine Service (NAQS) were ranked first, second and third, respectively.

The compliance report was released during a stakeholder sensitization session with Ministries, Departments, and Agencies (MDAs).

Signed on May 18, 2017, the Executive Order (EO1) aimed at ensuring the continuity and sustainability of the reform interventions. It is now codified under the Business Facilitation (Miscellaneous Provision) Act 2022, which was signed on February 8, 2023, making it legally binding.

PEBEC was established in July 2016 by the Federal Government to oversee Nigeria’s business environment intervention with a mandate to remove bureaucratic and legislative constraints to doing business and improve the perception of the ease of doing business in Nigeria.

The Council is chaired by His Excellency, Vice President Kashim Shettima, GCON.

Through the compliance report, PEBEC fulfils its commitment to track compliance with the Executive Order on promoting Transparency and Efficiency in the Nigerian business environment.

The top five performers on the rating by PEBEC are NCDMB, SON, NAQS, Nigerian Electricity Management Services Agency (NEMSA) and the Corporate Affairs Commission (CAC).

She added that NEMSA and CAC secured the fourth and fifth positions, scoring 67.99% and 64.01%, respectively.

Dr Oduwole also urged the MDAs to leverage the findings in the report for the much-needed improvement in transparency and efficiency of public service delivery to improve the Nigerian business environment.