Title: Launched 8 years ago
1(No Transcript)
2Doing Business compares business regulation in
183 economies
- Launched 8 years ago
- Focuses on regulations relevant to the life cycle
of a small to medium-sized domestic business
based on a standardized case - Does not measure all aspects of the business
environment - The objective efficient regulations, accessible
to all, and simple to implement
3What Subnational Doing Business adds
- Expands the DB indicators beyond the most
populous city - Captures local differences in regulations or
enforcement - Includes rules and regulations at all levels of
government - Gives specific locations an opportunity to tell
their story - Provides a tool for locations to compete globally
- Provides information on good practices within the
same country that can be easily replicated - Combines media appeal of DB with active
participation of subnational governments in the
reform process
4Doing Business in Nigeria 2010 covers all 36
states and the capital
- Doing Business in Nigeria 2008 measured 10
states and Abuja, FCT. - Doing Business in Nigeria 2010 updates 2008
data and measures federal and state regulations
across the country in 4 areas of the life of a
business
- Starting a business
- Dealing with construction permits
- Registering property
- Enforcing contracts
Data were collected with the help of more than
480 private sector contributors and public sector
officials
5Nigerian states are reforming and can learn from
each other
- Key findings
- 8 of the 11 states measured in 2008 and again in
2010 have improved in at least one area - Wide variation in business regulations across the
country shows that there is room for reform - Some states already perform up to international
standards in some areas - States can learn from the existing good practices
of their peers and become more competitive
nationally and globally
6Where is it easier to do business in Nigeria and
where not?
7Over the past 2 years, reforms made doing
business easier in Nigeria
8Starting a business large variations in time and
cost across the states
9Starting a business in Abuja takes half the time
compared to Bayelsa
105 of the 11 states measured for the second time
cut the time to obtain construction permits
11Kano ranks 67th globally in the cost of obtaining
a construction permit
SSA denotes the Sub-Saharan African region
12Registering property is generally slow and
expensive but there are exceptions
13New civil procedure rules result in faster
contract enforcement
14 A state adopting the existing best practices
would rank 72nd globally
Nigeria DB2010
108 Starting a business
162 Dealing with construction permits
178 Registering property
94 Enforcing contracts
125
out of 183 economies
Nigeria with best practices
62 Starting a business
11 Dealing with construction permits
89 Registering property
46 Enforcing contracts
72
out of 183 economies
15Why business regulation reform matters
- Easier business entry means more new firms
evidence from empirical research - Mexico
- Impact of the reduction of registration
procedures through the introduction of One-Stop
Shops and the elimination of federally required
procedures - Increase in the number of new firms of about 6
- Increase in employment by 2.6
- Consumer Price Index decrease by 1 due to
competitive pressures of new entrants - Colombia
- Impact of the introduction of One-Stop Shops in 6
cities - Increase of 5.2 in the number of new firms
- India
- Impact of the elimination of License Raj in 16
states over 64 industries - Increase in the number of new firms by 6
16or more information visit
http//www.doingbusiness.org/Nigeria
http//www.doingbusiness.org/subnational