In support of the
Federal Government (FG) drive to improve the ease of doing business has
received a boost with the debut of a handbook on how to obtain licenses and
permits when doing business in selected sectors in the country, reports
ITRealms.
The Managing Partner,
A&E Law Partnership, Chibuzo Ekwekwuo told ITRealms in Abuja, that it
was part of their contribution to improving the environment for doing business
in Nigeria.
The foreword to the
handbook written by Peter Ntephe said the Guide is “a one-stop-shop handbook on
the rules for entry into various sectors of the Nigerian economy. Key processes
and procedures are outlined in as much a succinct way as possible, along with
the fees for obtaining licences and registrations.
He also said this
handbook which is a product of the knowledge gained by the law firm over the
years in “its core competences" is a praiseworthy compendium and guide to
the rules and regulations for doing business in the ‘commanding heights’ of the
Nigerian economy.”
Ekwekwuo emphasized that
“The Doing Business handbook adopts a sectoral approach, respectively
explicating the requirements for operating in insurance, aviation, cabotage,
banking, energy and power, solid minerals, telecommunications, entertainment,
food and beverages, private security, oil and gas, among others. There is also
coverage of matters that are applicable across sectors, such as immigration,
environmental standards, intellectual property and capital markets.” etc
Beside these, there is
a section devoted to foreign investors, providing an advisory on organizational
forms available as well as other subjects of potential interests, such as repatriation
of profits and tax exemptions.
Further, he said, this
handbook is a must have table-top business advisory for professionals,
including lawyers, accountants and bankers as well as to investors,
entrepreneurs and firms doing or seeking to do business in Nigeria. Students
and academics whose disciplines require knowledge of matters within the remit
of the guide will also find it a useful library reference.
Uboshe Uboshe/GEE
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