EU-Nigeria Business Forum 2015
The 4th EU- Nigeria Business Forum was held on the 5th- 6th of November, 2015. The theme of this year’s business forum is “Unlocking the opportunity for diversification”. As is now tradition, NCCN played an active role.
The forum commenced with a closed door breakfast meeting between an NCCN led team and a strong EU Delegation comprising Cecilia Malmstrum (European Commissioner for Trade), Michel Arrion (EU Ambassador to Nigeria), Sandra Gallina (Directorate General for Trade, Pauline Torehall (Head of Delegation of the EU) and the NCCN CEO Matthias Chika Mordi, Funke Adekoya (Council Member) and Ahmed Mansur (Council Member).
Day 1: Discussions on Economic Partnership Agreement between the EU and Nigeria
Day 2: NCCN CEO speaking at the Agro-expo on the 2nd day of the forum.
NCCN CEO moderating “Unlocking the Agriculture Opportunities in Nigeria” plenary session.
CNBC AFRICA Interview: European Union-Nigeria deal vital for Development: EU Commissioner November 12th, 2015
NCCN CEO, Matthias Chika Mordi discusses the importance of the EU-Nigeria Trade Partnership.
NCCN Analysis of World Bank Doing Business 2016
The World Bank released the 2016 Doing Business Report. From its inception in 2003, the report has assessed the ease of opening and running a small to medium sized business in a regulatory environment. Particular focus is given to the state of the regulatory system, efficacy of the bureaucracy, and the nature of business governance.
The Doing Business Report is a mainstay in national competitiveness benchmarking. Investors pay particular credence to the report’s output, particularly in their assessment of investment and credit risk across different business environments. It provides investors with insight to regulatory constraints and enhancements they are likely to face in that economy.
This year’s report adds new measurements in the areas of dealing with construction permits, getting electricity, registering property, enforcing contracts, and labour market regulation. The report measures more than one city for countries with a population of over a 10 million people. Nigeria assessment covers Lagos and Kano. Nigeria moved up one position in the report, ranking 169 out of 189 countries (compared to 170 in 2014).The improvements, however marginal, represent a move in the right direction (43.56 in 2015 to 44.69 in 2016).
Full report can be downloaded here.
21st Nigerian Economic Summit
The Nigerian Economic Summit Group (NESG) hosted its 21st Nigerian Economic Summit on October 13th-14th in Abuja. The theme for this year was achieving Competitiveness, Inclusive Growth and Sustainability. NCCN CEO Chika Mordi participated in the panel and discussed competitiveness in Nigeria.
