Vice President Kashim Shettima has charged state governments to accelerate business-enabling reforms to unlock the full potential of the $750 million World Bank-assisted State Action on Business Enabling Reforms, SABER, programme.
Shettima said the push was necessary to attract domestic and global capital, enhance local infrastructure, and drive subnational economic growth.
Speaking on Tuesday during a stakeholder meeting on optimising SABER implementation at the Presidential Villa, Abuja, the VP noted that full implementation of the programme would create a more predictable and transparent business environment.
Posting on his verified X handle, he listed other benefits to include: attracting domestic and foreign investment, strengthening private-sector confidence, reducing the cost of doing business, expanding digital and physical infrastructure, improving access to land and commercial justice systems, and enhancing states’ competitiveness.
“These outcomes will translate into increased economic activity, higher productivity, job creation, improved internally generated revenue, and better living standards for our citizens,” Shettima stated.
Shettima Urges States to Accelerate Business Reforms, Unlock $750m SABER Fund
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