Vice President Yemi Osinbajo is craving for collaboration of the three arms of government to end issues of arbitration to further improve ease of doing business in Nigeria.
“We have a real problem with the adjudicatory process and we have to resolve it by gaining collaboration between the legislature, executive and the judiciary.
“The good thing is that there is a recent decision on arbitration and how you can question arbitration processes, but we need to advance that.
“At the end of the day, if you do not have a system that can resolve disputes efficiently why should anybody worry about bringing in anything at all.
“It is something that we need to work on and must just keep our focus on it.’’
The Vice President also blasted the lack of understanding of business processes by officials and agencies thus creating problems for investors.
He took his time to list customs and immigrations as the agencies that attention should be focused on to tackle the issue.
“We have to look at our agencies carefully.
“We have been looking at Customs and Immigration especially at the airports and the different ports and I think that we really need to ramp up that particular aspect of our work.”
He also noted that there was also the need to get more people that would make suggestions and criticise when necessary for the improvement of the business environment.
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate