The acting Director-General, National Agency for Food, Drug Administration and Control, (NAFDAC), Mrs Yetunde Oni, said the agency would not compromise standards in its drive to fast-track product registration process.
Oni said this on Monday in Abuja while reacting to comments by stakeholders at the Presidential Enabling Business Environment Council (PEBEC) 2016-2017 Reform Update.
She said the agency would try to hasten the application and approval processes for product licensing without compromising on standards and health of citizens.
“NAFDAC is fully committed to the ease of doing business in Nigeria.
We have already taken a number of steps to demonstrate this.
However, to hasten the whole process, Oni advised Micro, Small and Medium Enterprises (MSMEs) doing similar businesses to form clusters.
She said together, they could invest in building standard structures, which once inspected and approved, would serve every member of the cluster.
Meanwhile, the Enabling Business Environment Council Coordinator, Dr Jumoke Oduwole, said that the council had priotised six Ministries, Departments and Agencies (MDAs) to improve their business environment.
“When it comes to trading across borders, movement of goods and services across the country, the private sector has brought to our notice that police and customs were said to be the worst
“Therefore to sustain the improvement, we are already seeing the ease of doing business in the country; we must ensure that these agencies improve their service delivery,” she said.
Oduwole said that the council was also working with state governments as well to improve the areas of starting a business, enforcing contracts, dealing with construction permits and registration of properties.
Also, Dr Adeoye Adefulu, a member of the Section on Business Law, Nigerian Bar Association, in a paper presentation, said government red tape continued to impact the cost of doing business in the country.
Adefulu urged the government to review its regulations on permits. He said that in some sectors, investors were required to apply yearly for renewal of permits.A key component of the Federal Government’s change agenda is the creation of an enabling business environment for Nigeria and foreign-owned businesses.
The country currently ranks 169 out of 189 in the ease of doing business rankings of the World Bank.The current administration aims to improve the country’s position to top 100 by 2019/2020 and top 50 in 10 years.
By Kemi Omosebi