The Clerk to the 9th National Assembly has transmitted the new Business Facilitation (Miscellaneous Provision) Bill 2022 also known as the Omnibus Bill to the President Muhammadu Buhari for his assent. The Special Adviser to the President on Ease of Doing Business/Presidential Enabling Business Environment Council, Dr. Jumoke Oduwole said this in a statement on Friday in Abuja.
The Executive Bill was passed by the House of Representatives in October 2022 and by the Senate in December 2022. According to Oduwole, the bill aims to codify Executive Order 001(EO1) on transparency and efficiency in public service delivery.
She said it would also amend select business facilitation laws identified as critical to the ease of doing business in Nigeria and institutionalize business climate reforms.
The bill is designed to strengthen ongoing reforms and consolidate legislative provisions that border on ease of doing business in Nigeria.
It is an intervention of the Presidential Enabling Business Environment Council (PEBEC)to consolidate and amend legislative provisions towards deepening PEBEC reforms and removing bottlenecks for small and medium sized enterprises in Nigeria.