Abuja, Nigeria, June 10, 2010—Nigerian
states have been actively reforming to encourage business activity over
the past two years, finds Doing Business in Nigeria 2010.
Launched today, the joint IFC-World Bank report is the second in a series
analyzing business regulation in Nigerian states and the first to assess
the ease of doing business in all 36 Nigerian states and in Abuja, Federal
Capital Territory (FCT).
Results show that eight of 11 states evaluated in 2008 have improved in
at least one of the areas measured between June 2008 and January 2010.
A total of 14 reforms were recorded, eleven of which focused on property
registration and construction permits.
Kano is the top reformer, with reforms
in three out of four indicators. The top three performers are: Jigawa,
Gombe and Borno.
“In Nigeria, secure property titles exist for less than 5 percent
of the land area, keeping 90 percent of businesses in the informal sector
without access to credit,” said Onno Ruhl, World Bank Country Director.
“Reforms that make it easier to get property titles and streamline
regulatory compliance can yield big payoffs in terms of job creation.”
The report finds wide variation in local business regulation across the
country, and ample room for further reform. All states can learn
from the local regulatory practices of their peers. For example,
publishing court statistics online can improve court efficiency, as was
shown in Port Harcourt, Nigeria, which could rank among one of the top
35 fastest cities to enforce a contract in the world, as measured by Doing
“Efficient, accessible, and simple regulations could unleash the natural
entrepreneurship of small and midsize firms in Nigeria even further,”
said Janamitra Devan, World Bank Group Vice President and Head of Network,
Financial & Private Sector Development. “This report unravels a dynamic
synergy in which all states can learn from the local regulations and practices
of their peers.” Devan added.
Doing Business in Nigeria 2010
studies business regulation from the perspective of a small to midsize
domestic firm. It benchmarks four regulatory areas—starting a business,
dealing with construction permits, registering property, and enforcing
The project is part of the
Nigeria Subnational Investment Climate Program, which supports state governments
in improving their business environments. The program is the Nigerian government’s
response to its National Economic Empowerment and Development Strategy
and the Country Partnership Strategy between the government, the United
Kingdom’s Department for International Development, and the World Bank
For more information, please visit www.doingbusiness.org/nigeria
About the World Bank Group
The World Bank Group is one of the world’s largest sources of funding
and knowledge for developing countries. It comprises five closely associated
institutions: the International Bank for Reconstruction and Development
(IBRD) and the International Development Association (IDA), which together
form the World Bank; the International Finance Corporation (IFC); the Multilateral
Investment Guarantee Agency (MIGA); and the International Centre for Settlement
of Investment Disputes (ICSID). Each institution plays a distinct role
in the mission to fight poverty and improve living standards for people
in the developing world. For more information, please visit www.worldbank.org,