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Launched 8 years ago

Doing Business compares business regulation in 183 economies. Launched 8 years ago Focuses on regulations relevant to the life cycle of a small to medium-sized domestic business based on a standardized case Does not measure all aspects of the business environment

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Launched 8 years ago

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  1. Doing Business compares business regulation in 183 economies • Launched 8 years ago • Focuses on regulations relevant to the life cycle of a small to medium-sized domestic business based on a standardized case • Does not measure all aspects of the business environment • The objective: efficient regulations, accessible to all, and simple to implement

  2. What Subnational Doing Business adds • Expands the DB indicators beyond the most populous city • Captures local differences in regulations or enforcement • Includes rules and regulations at all levels of government • Gives specific locations an opportunity to tell their story • Provides a tool for locations to compete globally • Provides information on good practices within the same country that can be easily replicated • Combines media appeal of DB with active participation of subnational governments in the reform process

  3. DoingBusiness in Nigeria 2010 covers all 36 states and the capital • Doing Business in Nigeria 2008: measured 10 states and Abuja, FCT. • Doing Business in Nigeria 2010: updates 2008 data and measures federal and state regulations across the country in 4 areas of the life of a business: Starting a business Dealing with construction permits Registering property Enforcing contracts Data were collected with the help of more than 480 private sector contributors and public sector officials

  4. Nigerian states are reforming and can learn from each other • Key findings: • 8 of the 11 states measured in 2008 and again in 2010 have improved in at least one area • Wide variation in business regulations across the country shows that there is room for reform • Some states already perform up to international standards in some areas • States can learn from the existing good practices of their peers and become more competitive nationally and globally

  5. Where is it easier to do business in Nigeria and where not?

  6. Over the past 2 years, reforms made doing business easier in Nigeria

  7. Starting a business: large variations in time and cost across the states

  8. Starting a business in Abuja takes half the time compared to Bayelsa Bottlenecks!

  9. 5 of the 11 states measured for the second time cut the time to obtain construction permits

  10. Kano ranks 67th globally in the cost of obtaining a construction permit SSA denotes the Sub-Saharan African region

  11. Registering property is generally slow and expensive but there are exceptions

  12. New civil procedure rules result in faster contract enforcement

  13. A state adopting the existing best practices would rank 72nd globally Nigeria DB2010 125 out of 183 economies Nigeria with best practices 72 out of 183 economies

  14. Why business regulation reform matters • Easier business entry means more new firms: evidence from empirical research Mexico • Impact of the reduction of registration procedures through the introduction of One-Stop Shops and the elimination of federally required procedures • Increase in the number of new firms of about 6% • Increase in employment by 2.6% • Consumer Price Index decrease by 1% due to competitive pressures of new entrants Colombia • Impact of the introduction of One-Stop Shops in 6 cities: • Increase of 5.2% in the number of new firms India • Impact of the elimination of License Raj in 16 states over 64 industries: • Increase in the number of new firms by 6%

  15. Thank you or more information visit: http://www.doingbusiness.org/Nigeria http://www.doingbusiness.org/subnational

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