Kaduna State Best Place to do Business by the Word Bank and the International Finance Corporations.

PRESS STATEMENT

The Kaduna State Government has received with joy, the Government ranking it received from the Word Bank and the International Finance Corporations.

This is contained in a formal release titled "Doing Business in Nigeria 2008" as the First Sub-national Report on Sub-Saharan Africa in the Doing Business Series.

The report, which is a sixty-page document, covers 10 States and Abuja FCT, Comparing them with each other and with 178 Economies around the world. The comparisons are based on how government activity enlarge or restrain business activity. The document focuses on four doing business indicators with substantial sub-national variance in Nigeria. These are starting a business, dealing with licenses, registering property and enforcing contracts.

The report further stated that the indicators are used to analyze the economic outcomes of regulations and to identify what reforms have worked and why. Though the journal lists other factors germane to business such as the quality of infrastructure services, proximity to major markets, security of property from theft and looting, transparency of government procurements, status and stability of macro-economic conditions and quality of institutions were not studied directly by Doing Business.

Amongst the ten States selected are Kaduna, Bauchi, Kano, Sokoto, Abia, Enugu, Lagos, Anambra, Cross River and Ogun States with Abuja as the Federal Capital Territory;  Kaduna State was ranked the first in the rating taking into cognizance all the factors earlier mentioned.

The State Government promised to continue to provide the enabling environment for business to thrive.

Signed:

Umar Sani

Special Adviser Media & Public Affairs

Governor Arch Mohammed Namadi Sambo is a true democrat, whose approach to problems is always humane and conciliatory he is a man of peace who patiently looked to the future with courage and hope. His commitment in the direction of transforming the state into a relatively better integrated and functional polity is continuing  with a mission  to create a stable  and cohesive polity capable of securing effectively the interests of the various communities and giving them the opportunity to develop and live in peace  with one another.

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