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Nation’s Record of Ease of Doing Business Responsible for Economic Woes- Lawmakers

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Nation’s Record of Ease of Doing Business Responsible for Economic Woes- Lawmakers

By: Michael Mike

Nigerian lawmakers have complained about the nation’s economic situation, insisting that Nigeria’s record of Ease of Doing Business (EoDB) has not been stable and was responsible for the ongoing challenging confronting the country.

This was one of the positions of the Nigerian lawmakers at the Economic Community of West African States (ECOWAS) Parliament during the Presentation of Country Report of Nigeria at the 2023 First Ordinary Session of the Assembly in Abuja on Tuesday.

The lawmaker in the report said: “Nigeria’s record of EoDB is not stable and it is reflective of the ongoing challenges confronting our economy. To improve the situation on 14 February, 2023 the Federal Government under the leadership of His Excellency, President Muhammadu Buhari, signed into law the Busimrss Facilitation (Miscellaneous Provisions) Act 2023, a legislation that fosters an enabling environment for micro, small, and medium-sized enterprises (MSMEs) in Nigeria.”

They explained that the Act among other things would promote accountability and transparency for government agencies and business operations as well as boost technology use in Ministries, Departments and Agencies (MDGs). It would also encourage government to have legally binding agreement with the public, essentially detailing processes, documentation, and timeliness while providing amendments to some Acts such as Companies and Allied Matters Act, The Foreign Exchange (Monitoring and miscellaneous provisions) Act, Nigeria Export Promotion Council Act, National Housing Fund Act and the Nigerian Investment Promotion Commission Acts.”

They however said with the implementation of the law and consolidation of the reforms, there would be result in seamless public and private sector partnerships, thereby improving domestic businesses and attracting foreign investments while extensively impacting the economy.

They also said there are presently concerns over the smooth implementation of the 2023 national budget since the budget is largely funded by crude oil benchmarks and loan grants which are momentarily plummeting., lamenting that “this is as a result of inability of the country to find substantial buyers for its crude oil,” insisting that “this deplorable situation could be compounded by strikes in the French refining sector and maintenance at European plants where Nigeria refines her crude oil.”

The lawmakers equally expressed worries over the debt profile and its management by the Nigerian government. They said: “According to the World Bank, Nigeria used 96.3 percent of its revenue generated in 2022 to service debt and the constant fiscal deficit has aggravated the nation’s public debt stock.

“The fiscal deficit was estimated at 5.0 percent of GDP in 2022, breaching the stipulated limit for a federal fiscal deficit of 3 percent. This has kept the public debt stock at over 38 percent of GDP. As a result, the GDP is projected to be negatively impacted by the trade and financial flow repercussions of the anticipated global economic slowdown in 2023.”

They however expressed optimism, insisting that “the federal government of Nigeria is leveraging on the country’s international partnerships to stabilize the economy.

“In this regard, Nigeria and China have deepened bilateral trade relations in agriculture and agro-allied industries, mining, and investments in gas development as well as the digital economy.”

Nation’s Record of Ease of Doing Business Responsible for Economic Woes- Lawmakers

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UK–Nigeria Trade Mission Turns State Visit Momentum into High-Impact Commercial Deals Across Key Growth Sectors

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UK–Nigeria Trade Mission Turns State Visit Momentum into High-Impact Commercial Deals Across Key Growth Sectors

By: Michael Mike

The United Kingdom has concluded its first trade and investment mission to Nigeria since the recent State Visit, reinforcing efforts to convert high-level political commitments into concrete commercial outcomes for businesses in both countries.

Organised by the UK Department for Business and Trade and delivered by DMA Invest in partnership with the Nigeria Investment Promotion Commission (NIPC), the two-day mission brought together 43 delegates from 30 British companies. The delegation engaged Nigerian counterparts to explore partnerships and investment opportunities across key sectors of mutual interest.

Bilateral trade between both countries has now reached a record £8.1 billion, with Nigeria remaining the UK’s largest export market in Africa. The mission underscored where UK expertise can support Nigeria’s ongoing economic reforms, with discussions spanning infrastructure, energy and power, water and environmental solutions, agriculture, financial and professional services, logistics and supply chains, standards and certification, as well as technology sectors including education, aviation and communications.

These priorities align with the UK–Nigeria Enhanced Trade and Investment Partnership (ETIP), reflecting areas where UK capabilities and long-term partnership models match Nigeria’s evolving economic agenda.

Beyond sectoral engagement, the mission also sought to challenge outdated perceptions of Nigeria, highlighting its transition toward a reform-driven, opportunity-rich economy with improving macroeconomic fundamentals. Both sides emphasised the importance of deeper private sector collaboration to unlock sustainable growth.

British High Commissioner to Nigeria, Dr Richard Montgomery, said the mission demonstrated a clear shift from diplomatic alignment to practical delivery.

“This trade mission is a clear signal of intent. As the first UK business delegation to Nigeria since the State Visit, it shows how we are turning strong political alignment into real commercial action and long-term partnerships for businesses in both countries,” he said.

He added that collaboration with Nigerian institutions and private sector partners reflects the UK’s long-term commitment to doing business with Nigeria.

Chief Executive Officer of the NIPC, Aisha Rimi, described the mission as a timely step toward translating diplomatic momentum into measurable investment outcomes.

“The strong interest from UK companies reflects growing confidence in Nigeria’s reforms and its position as a leading investment destination in Africa,” she said, adding that the Commission remains committed to facilitating investments that drive job creation and inclusive growth.

On his part, the Vice Chairman of Hitech and ITB, Ronald Chagoury Jr., highlighted recent infrastructure milestones, including a $1 billion ports transaction backed by UK Export Finance, describing it as evidence of strong international investor confidence in Nigeria’s reform agenda.

Chief Executive of DMA Invest, Atam Sandhu, said the mission reflects the value of structured, deal-focused engagement between governments and investors.

“Our role is to convene the right stakeholders and translate strategic alignment into practical commercial outcomes,” he said. “The depth of engagement across infrastructure, energy, finance and other sectors reflects the scale of opportunity in Nigeria.”

All 43 delegates participated in the UK–Nigeria Business Forum alongside senior government officials and private sector leaders from both countries. The forum provided a platform for direct engagement, relationship-building, and exploration of new commercial partnerships aligned with Nigeria’s reform priorities.

The mission is expected to strengthen long-term cooperation between both countries by accelerating investment discussions, deepening trust, and supporting sustainable economic growth.

UK–Nigeria Trade Mission Turns State Visit Momentum into High-Impact Commercial Deals Across Key Growth Sectors

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Human Rights Violation; NHRC, Police Collaborate to Prosecute Offenders

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Human Rights Violation; NHRC, Police Collaborate to Prosecute Offenders

By: Michael Mike

The National Human Rights Commission has joined forces with the Nigeria Police Force to confront rising concerns over human rights abuses, launching a high-level town hall engagement in the Federal Capital Territory aimed at entrenching accountability, professionalism, and rights-based policing.

The strategic dialogue brought together top police officials, human rights experts, and civil society actors to chart a clear path toward ending impunity, strengthening oversight, and restoring public trust in law enforcement institutions.

Representing the Inspector General of Police, Olatunji Disu, Chief Superintendent of Police, Head of the Police Ng CRU, CSP Anietie Okokon Iniedu,delivered a strong message of reform, acknowledging public outcry over misconduct and pledging decisive action to ensure officers operate strictly within the law.

“I have heard the cries of many Nigerians, and we are putting measures together to ensure that this administration will end impunity,” he said, stressing that internal oversight mechanisms, including the Complaints Response Unit (CRU), have been strengthened to enforce compliance with human rights standards and international obligations.

He assured that resolutions from the town hall would go beyond rhetoric, revealing plans to institutionalise the outcomes across all police formations nationwide—from Force Headquarters to divisional commands—ensuring reforms are fully implemented and sustained.

The Executive Secretary of the Commission, Tony Ojukwu, underscored the urgency of sustained collaboration, capacity building, and institutional discipline to curb violations within policing structures.

He warned that despite the existence of robust legal frameworks such as the Police Act 2020 and the Police Regulations 2025, enforcement remains weak at operational levels, allowing abuses such as unlawful detention, excessive force, and denial of legal representation to persist.

“Human rights are not ordinary privileges; they are fundamental constitutional guarantees that must guide every action of law enforcement agencies,” Ojukwu stated, emphasising that respect for these rights is the foundation of a just and civilised society.

Director of Civil and Political Rights at the Commission, Halilu Adamu, explained that the town hall was designed to move human rights compliance from theory to daily policing practice within the FCT.

He highlighted key reform priorities, including strengthening legal awareness among officers, enforcing due process in arrests and interrogations, and mandating the electronic recording of statements alongside the presence of legal counsel to eliminate coerced confessions.

Experts at the session also stressed the importance of aligning policing practices with the Administration of Criminal Justice Act (ACJA), noting that justice must not only be done but must be seen to be done without violating citizens’ rights.

Presentations at the forum exposed recurring abuses such as arbitrary arrests, prolonged detention without trial, and poor documentation of cases—practices that continue to erode public confidence and expose the system to legal consequences.

Participants called for stronger accountability mechanisms, including improved record-keeping, regular judicial inspections, and active oversight by magistrates and human rights bodies. They also emphasised detainees’ rights to healthcare, legal counsel, and communication with family members.

The town hall marks a critical step in ongoing reform efforts, with both the Commission and the Police vowing to translate dialogue into concrete action.

With growing public demand for justice and transparency, stakeholders say the success of the initiative will ultimately depend on sustained enforcement, institutional discipline, and a clear commitment to uphold the rule of law at every level of policing in Nigeria.

Human Rights Violation; NHRC, Police Collaborate to Prosecute Offenders

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FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures

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FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures

By: Michael Mike

The Federal Ministry of Environment has issued a fresh flood warning covering at least ten states, cautioning that sustained heavy rainfall over several days could trigger flooding in vulnerable communities.

The alert, released by the Ministry’s Erosion, Flood and Coastal Zone Management Department through the National Flood Early Warning Centre (NFEWS), indicates that parts of the country may experience intense rainfall between April 13 and April 17, 2026, with a high likelihood of overflow in low-lying and flood-prone areas.

According to the advisory, the states identified as being at risk include Adamawa, Enugu, Kaduna, Kogi, Kwara, Niger, Osun, Oyo, Plateau, and Taraba. Authorities listed specific locations within these states where flooding could occur if rainfall intensity exceeds normal thresholds.

In Adamawa State, Ganye and Gbalji are among the areas expected to be affected, while Nsukka in Enugu State also falls within the risk zone. In Kaduna State, communities such as Buruku, Kachia, Kaduna, and Kafanchan have been highlighted.

The warning further identified Ibaji in Kogi State and Bode-Sadu and Ilorin in Kwara State as vulnerable locations. In Niger State, Chanchaga, Minna, and Sarkin Pawa were listed, while Osun State communities including Ilesa, Iragbiji, Oshogbo, and Otan Ayegbaju may also face flooding.

A significant number of areas in Oyo State, particularly within Ibadan, were mentioned in the forecast. These include Apata, Bodija, Challenge, Eleyele, Moniya, Odo-Ona, and Ojoo, all of which have historically experienced drainage challenges during heavy rainfall. Bukuru in Plateau State and Serti in Taraba State were also identified as areas of concern.

The Ministry emphasized that the predicted flooding could disrupt livelihoods, damage infrastructure, and pose risks to lives if adequate precautions are not taken. It therefore urged residents in the affected areas to clear drainage systems, avoid building or residing along waterways, and prepare for possible evacuation where necessary.

Relevant stakeholders, including state governments, emergency management agencies, and local authorities, were advised to activate contingency plans and strengthen early response mechanisms. The Ministry also encouraged continuous public awareness campaigns to ensure that residents remain informed and responsive to safety directives.

In addition, the government called for collaboration and feedback from stakeholders to improve coordination and response efforts during the forecast period.

The advisory was endorsed by Usman Abdullahi Bokani, Director of the Erosion, Flood and Coastal Zone Management Department, who reiterated the importance of early preparedness in reducing the impact of natural disasters.

The latest warning underscores growing concerns over seasonal flooding in Nigeria, particularly as climate variability continues to intensify rainfall patterns and increase the frequency of extreme weather events across the country.

FG Raises Flood Alarm Across 10 States, Urges Immediate Precautionary Measures

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