Making Midway Progress Update: PRESIDENTIAL ENABLING BUSINESS ENVIRONMENT COUNCIL (PEBEC) Enabling Business Environment Secretariat Business 60-Day National Action Plan Timeline Midway Date Start Date February 21st, 2017 End Date April 21st, 2017 March 23rd, 2017 Priority Areas Introduction On February 21, 2017, the Presidential Enabling Business Environment Council (PEBEC) approved a 60-Day National Action Plan on Ease of Doing Business at a Council meeting chaired by His Excellency, Vice President Yemi Osinbajo, SAN, GCON. The National Action Plan is an inter-ministerial, inter-governmental plan being implemented by various Ministries, Departments and Agencies (MDAs), the Lagos and Kano state governments, the National Assembly and other stakeholders, with support from the Enabling Business Environment Secretariat (EBES). As a result of the commitment and hard work of the stakeholders, several successes have been recorded in the last 30 days. In the proceeding pages, we highlight some of the progress recorded as well as what remains to be done. The Mandate REMOVE CRITICAL BOTTLENECKS & BUREAUCRATIC CONSTRAINTS to doing business in Nigeria Move Nigeria STEPS UPWARDS in the World Bank Ease of Doing Business Index. 1 3 5 7 STARTING A BUSINESS 2 GETTING CREDIT TRADING ACROSS BORDERS 4 GETTING ELECTRICITY CONSTRUCTION PERMITS 6 REGISTERING PROPERTY 8 N TAX PAYING TAXES ENTRY AND EXIT OF PEOPLE Office: 4th Floor, Nigeria Investment Promotion Commission (NIPC), Plot No. 1181 Aguiyi Ironsi Street, Maitama, Abuja, FCT Twitter: @EBESnigeria | Email: [email protected] | Facebook: www.Facebook.com/EBESnigeria PRESIDENTIAL ENABLING BUSINESS ENVIRONMENT COUNCIL (PEBEC) Enabling Business Environment Secretariat Midway Progress Update: STARTING A BUSINESS 60-Day National Action Plan DONE 2 1 Company Name Search on CAC Website Fully operationalised online search of company names on CAC portal (www.cac.gov.ng) to prevent situation in which business owners choose an already existing name wasting time and money 3 Document Upload Upload functionality available on CAC portal to enable e-submission of registration documents FIRS e-payment solution integrated Integrated FIRS e-payment solution into CAC portal to enable e-stamping 5 CAC Company Registration no longer requires lawyers Eliminated the need for SMEs to hire lawyers to prepare registration documents 4 Single Registration Form Introduced single form for incorporation to save time and reduce cost 6 hr Company Registration timeline revised in CAC mandate CAC revised timeline mandates 24 hours for registering a company from when application form is completed and all required documents available 8 99% uptime CAC portal uptime reliability Improve reliability of CAC online portal to ensure over 99% uptime KEY Done and Tested Work in Progress 7 CAC lawyers to handle statutory declaration of compliance Enable CAC internal lawyers to handle certification of company incorporation forms as well as the statutory declaration of compliance Done and ready for feedback Work in Progress Office: 4th Floor, Nigeria Investment Promotion Commission (NIPC), Plot No. 1181 Aguiyi Ironsi Street, Maitama, Abuja, FCT Twitter: @EBESnigeria | Email: [email protected] | Facebook: www.Facebook.com/EBESnigeria PRESIDENTIAL ENABLING BUSINESS ENVIRONMENT COUNCIL (PEBEC) Enabling Business Environment Secretariat DEALING WITH CONSTRUCTION PERMITS Midway Progress Update: 60-Day National Action Plan DONE 2 1 N Fees & Procedures published online All fees, procedures and laws published on the Lagos State Physical Planning and Permit Authority (LASPPPA) website (www.lagosepp.com.ng) Qualification laws published online Laws published on LASPPPA website concerning qualifications for architects and engineers who supervise construction 3 Clarity on EIA and Soil Investigation Reports available on LASPPPA website LASPPPA now only requires Environmental Impact Assessment (EIA) for construction works with potentially heavy impact on the environment. Soil Investigation Report now only required for four-storey buildings and above, or buildings in swampy areas 4 Construction Permits Operationalise e-planning platform for Lagos Construction permits’ procedures currently require manual submission of a large set of documents. On the e-platform, users will have the ability to to submit and track application online KEY Done and Tested Done and ready for feedback Work in Progress Office: 4th Floor, Nigeria Investment Promotion Commission (NIPC), Plot No. 1181 Aguiyi Ironsi Street, Maitama, Abuja, FCT Twitter: @EBESnigeria | Email: [email protected] | Facebook: www.Facebook.com/EBESnigeria Midway Progress Update: PRESIDENTIAL ENABLING BUSINESS ENVIRONMENT COUNCIL (PEBEC) REGISTERING PROPERTY 60-Day National Action Plan Enabling Business Environment Secretariat DONE 2 1 Complaint mechanism available online Sworn affidavit no longer needed Eliminated requirement for sworn affidavit as a procedure for conducting title search at the Lagos Land Registry Uploaded information of PR, Complaint Unit and Lands Service Directorate in lagos 3 Registration process simplified Merged requirement for stamping of Deed of Assignment with final registration process, for lands owned by Lagos State Government Work in Progress 4 Consolidate several payments into one Presently, different fees are needed at different stages of title registration, requiring a lot of trips on the applicant's part KEY Done and Tested Done and ready for feedback 5 Reduce time for Governor's Consent Time required for Governor’s Consent exceeds those of other countries with similar laws, and the governor is presented with a large number of applications regularly Work in Progress Office: 4th Floor, Nigeria Investment Promotion Commission (NIPC), Plot No. 1181 Aguiyi Ironsi Street, Maitama, Abuja, FCT Twitter: @EBESnigeria | Email: [email protected] | Facebook: www.Facebook.com/EBESnigeria PRESIDENTIAL ENABLING BUSINESS ENVIRONMENT COUNCIL (PEBEC) Midway Progress Update: Enabling Business Environment Secretariat GETTING CREDIT 60-Day National Action Plan DONE 1 Increased usage of National Collateral Registry http://www.ncr.gov.ng Increased utilisation of National Collateral Registry for online registrations, amendments and cancellations by lenders, and online searches of movable assets by any interested party 2 Increased usage of credit history and credit sharing Increased sensitisation and utilisation of Credit Bureau Services including credit scoring - to enable credit decision making Work in Progress 3 National Assembly to pass relevant legislation NASS working to pass two priority bills to ease access to credit: Secured Transactions in Movable Assets (aka Collateral Registry) Bill and Credit Bureau Services Bill KEY Done and Tested Done and ready for feedback Work in Progress Office: 4th Floor, Nigeria Investment Promotion Commission (NIPC), Plot No. 1181 Aguiyi Ironsi Street, Maitama, Abuja, FCT Twitter: @EBESnigeria | Email: [email protected] | Facebook: www.Facebook.com/EBESnigeria Midway Progress Update: PRESIDENTIAL ENABLING BUSINESS ENVIRONMENT COUNCIL (PEBEC) TRADING ACROSS BORDERS 60-Day National Action Plan Enabling Business Environment Secretariat DONE 2 1 Pallets Mandated the provision of advanced cargo manifests Mandated the use of pallets for imports Imports into Nigeria now required to be placed in pallets to ensure use of modern equipment and quicker physical examinations Vessels importing goods into Nigeria now required to send cargo manifests in advance to ensure improved risk assessment and optimised placement of cargoes 3 NCS now mandated to schedule and coordinate examinations The Nigeria Customs Service (NCS) now required to schedule and coordinate joint physical examination of cargo to ensure only one point of contact between importers and officials Work in Progress 4 Optimise pre-shipment process for exports Current process is manual, with inconsistent timelines for processing pre-shipment documentation KEY Done and Tested Done and ready for feedback 5 Reduce documentation requirements at the ports The number of documents required for import and export processes is higher in Nigeria than in other African countries Work in Progress Office: 4th Floor, Nigeria Investment Promotion Commission (NIPC), Plot No. 1181 Aguiyi Ironsi Street, Maitama, Abuja, FCT Twitter: @EBESnigeria | Email: [email protected] | Facebook: www.Facebook.com/EBESnigeria Midway Progress Update: PRESIDENTIAL ENABLING BUSINESS ENVIRONMENT COUNCIL (PEBEC) ENTRY AND EXIT OF PEOPLE 60-Day National Action Plan Enabling Business Environment Secretariat DONE 3 2 1 Consolidation of Arrival/Departure forms New Immigration Regulation 2017 The Honourable Minister of Interior has approved and launched a new Immigration Regulation; to be made publicly available soon Consolidated arrival and departure forms now in use and available at the airports Simplified Visa on Arrival and submission processes Submission of applications and receipt of approval letter can now be done electronically via a dedicated NIS email address ([email protected]) 4 ANTED 48hrs VISA GR 48-hour visa processing time for Nigerian applications at missions abroad Work in Progress 4 Eliminate manual baggage searches Upgrade baggage scanners at the airports to eliminate intrusive and time-consuming manual searches KEY Done and Tested Done and ready for feedback Work in Progress Office: 4th Floor, Nigeria Investment Promotion Commission (NIPC), Plot No. 1181 Aguiyi Ironsi Street, Maitama, Abuja, FCT Twitter: @EBESnigeria | Email: [email protected] | Facebook: www.Facebook.com/EBESnigeria
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