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Zenith Bank boss wants improvement on business environment ranking

By News desk

The Chairman of Zenith Bank Plc, Jim Ovia, has urged the Federal Government to introduce new strategies that will boost the country’s ranking on the ease of doing business ranking globally.

Ovia stressed that the country should consider it’s double digits on the ease of doing business ranking as a challenge that must be addressed this year.

The Chairman gave the charge while delivering his goodwill message at the Deloitte in Dialogue: Nigeria Economic Outlook 2019, event held in Lagos.

In his speech which was focused on two key points – ease of doing business, and the nation’s inflation rate, he noted that since the country was out of recession, it’s target should now be how to improve it’s position on the ranking, which apparently attract investors into Nigeria.

“The target for the ease of doing business for Nigeria in 2019 in terms of ranking, should be single digit”.

According to him, we are no longer in recession and we have been able to manage the rate of inflation. The outlook for the nation shows that we are “now on a growth trajectory”.

He attributed the growth trajectory experienced in Nigeria to ingenuity of the Federal Government to address salient issues in the economy.

Ovia added that economic team must have been filled by experts that understands need to urgently pull the country out of economic recession.

While commending the Federal Government economic team on achievements recorded, he singled out ministers present at the event – the Minister of Finance, Zainab Ahmed and her counterparts in Budget and National Planning and Industry, Trade and Investment, Udo Udoma and Okechukwu Enelamah.

The Zenith boss also commended the Governor of the Central Bank of Nigeria, Godwin Emefiele.

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