The federal government’s
drive to improve the ease for doing business has received a boost as investors and
would-be-business owners now have a handbook on how to obtain licences and
permits when doing business in selected sectors in the country.
Publishers of the handbook,
A&E Law Partnership, in a statement yesterday in Abuja, said 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.”
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.”
According to the Managing Partner
of A&E Law Partnership, “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.”
Beside these, there is a section
devoted to foreign investors, providing an advisory on organisational forms
available as well as other subjects of potential interests, such as
repatriation of profits and tax exemptions.
He said the 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.”
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