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Investor Presentaiton

Key Initiatives to Improve the Business Environment Presidential Enabling Business Environment Council (PEBEC) Special Economic Zones • Completion of 60-Day National Action Plan on Ease of Doing Business including the Visa-on-arrival policy and issuance of Executive Order E01 on Ease of Doing Business • Aim to establish in every geo-political zone • Contract recently approved by FEC • Industrial infrastructure being set up in each SEZ • Aim is to expand production of goods in Nigeria and create jobs (supporting our Made-in-Nigeria campaign) • N44.2 billion allocated for SEZs in the 2018 Budget ⚫ Launched first edition of compendium on investment incentives in Nigeria Investment Promotion Initiatives • Launched Online Investors' Guide in May 2018 and creation of Database of Investment Opportunities Country Focus Investment Promotion Strategy is being implemented by NIPC NIPCAC Initiatives in the Mining Sector Initiatives in the Transport Sector Initiatives in the Power Sector • • National Committee on Export Promotion is implementing a plan to enhance export promotion and economic diversification in line with the Zero Oil Plan (ZOP) · Nigeria Industrial Policy and Competitiveness Advisory Council establishment as a vehicle for partnering with the private sector on the Industrialization Agenda • The Council has identified 49 initiatives to be implemented over 12 to 18 months Engaging with the NEC to address 8 issues identified as key impediments to investment and business operations Reinforcing the Mining Regulatory Agency (by N644 million in the 2018 Budget) • National Gold Purchase Scheme underway and CBN advancing discussions on modalities for gold purchase towards enhancing liquidity in the sector • Modern standard track railway being developed: Lagos-Kano, Calabar- Lagos, Abuja-Itakpe-Aladja Concessioning of existing narrow gauge rail lines: Lagos-Kano and Port-Harcourt - Maiduguri . • Abuja light rail - first phase commissioned by President Buhari in July 2018 .2015 to 2018 progress: Generation improved from 4,000 MW to 7,000 MW Transmission improved from 5,000 MW to 7,124 MW Distribution improved from 2,690 MW to 5,222 MW • Continued focus on increasing generation, transmission, and distribution capacity through various projects Sources: Ministry of Finance, Ministry of Budget and National Planning, Ministry of Industry, Trade and Investment. 14 Improving Business Environment
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