Vice-President, Prof. Yemi Osinbanjo has said that the federal government is highly committed to ensuring ease of doing business in the country.
Prof. Osinbanjo, who doubles as the head of the Economic Management Team, made this assertion on Tuesday during the first annual lecture and public presentation of The Interview magazine in Abuja.
Speaking on the theme of the entitled, “Why Start-ups Fail and Strategies to Save Them,” the Vice-President said that there was no reason why Nigeria should not be well run like other investor friendly countries.
He noted that the business of the federal government is to create the right environment for start-ups as well as the right environment for doing business.
According to him, “The business of government is to create the right environment for start-ups; the right environment for doing business? The problems in most cases and problems that we have experienced in Nigeria is that approval processes are needlessly difficult. Bureaucrats generally get caught in, as seeing the process as an end in itself not as a means to an end.”