Vice President Yemi Osinbajo on Tuesday said government was seriously considering the option of issuing visa on arrival to foreign investors and other businessmen coming to the country.
He spoke in Abuja at the public presentation and first annual lecture of “The Interview” Magazine.
He said the issuance of visa will help remove many perceived bureaucratic bottlenecks that had clogged the business climate in Nigeria.
According to him, President Muhammadu Buhari has already inaugurated a committee on enabling business environment.
The responsibility of the committee, which he chairs, was to move Nigeria up by 50 spaces on the World Bank’s ease of doing business index before the end of 2017.
Speaking on the theme of the event: “Why start-ups fail and strategies to save them,” the vice president said it was the responsibility of the government to create the enabling environment for business to thrive, assuring that the present administration was committed to doing just that.
He said: “The business of the government is to provide the right environment for start-ups. The problem in most cases and which we have experienced in Nigeria is that our approval processes are needlessly difficult.”
