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Launched 8 years ago

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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 – PowerPoint PPT presentation

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Title: Launched 8 years ago


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Doing 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

3
What 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

4
Doing 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
5
Nigerian 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

6
Where is it easier to do business in Nigeria and
where not?
7
Over the past 2 years, reforms made doing
business easier in Nigeria
8
Starting a business large variations in time and
cost across the states
9
Starting a business in Abuja takes half the time
compared to Bayelsa
10
5 of the 11 states measured for the second time
cut the time to obtain construction permits
11
Kano ranks 67th globally in the cost of obtaining
a construction permit
SSA denotes the Sub-Saharan African region
12
Registering property is generally slow and
expensive but there are exceptions
13
New 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
15
Why 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

16
  • Thank you

or more information visit
http//www.doingbusiness.org/Nigeria
http//www.doingbusiness.org/subnational
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