The President, Major General Muhammadu Buhari (retd.), announced on Thursday that the Federal Government has identified the top five business‑efficient and transparent agencies among its Ministries, Departments, and Agencies (MDAs) for 2022. The agencies recognized are the Nigerian Content Development and Monitoring Board, the Standards Organisation of Nigeria, the Federal Competition and Consumer Protection Council, the Nigerian Export‑Import Bank, and the Corporate Affairs Commission.
The announcement was made in the 2022 Executive Order 001 Compliance Report, released in Abuja by the Presidential Enabling Business Environment Council (PEBEC). Special Adviser to the President on Ease of Doing Business and PEBEC Secretary, Jumoke Oduwole, explained that the report aligns with PEBEC’s commitment to continuously monitor and inform the business community about compliance with the order on transparency and efficiency in Nigeria’s business environment.
Executive Order 001, issued on May 18, 2017, was the current administration’s first executive order aimed at strengthening business‑climate reforms. It seeks to deepen collaboration among ministries, departments, and agencies by instituting a systematic change‑management process for reforms. The order requires MDAs to submit monthly reports to the PEBEC secretariat, the Offices of the Head of Service of the Federation, the Secretary to the Government of the Federation, and SERVICOM. Over the past six years, PEBEC has consistently published an EO1 Compliance Report, which provides a periodic empirical analysis of the monthly reports received from MDAs.
According to the latest EO1 Compliance Report, covering January to December 2022, the top five performing MDAs are: the Nigerian Content Development and Monitoring Board (81.11 %), the Standards Organisation of Nigeria (78.68 %), the Federal Competition and Consumer Protection Council (68.37 %), the Nigerian Export‑Import Bank (64.59 %), and the Corporate Affairs Commission (63.68 %).
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