Ease of doing business: A critical examination of the business (miscellaneous provisions) facilitation act 2023

Abstract

The need to create a safe and conducive environment for businesses to thrive is one of the hallmarks of a good government for businesses to grow, government committed to removing bureaucratic barriers to trade and investment, will consequently increase government revenue. The aim of this paper is to examine and appraise the Business Facilitation (MiscellaneousvProvision) Act 2023 signed into law by President Muhammadu Buhari. The varticle espousedvthe innovative changes as well as looking at the previous provisions of the amended laws. Thevdoctrinal method of legal research was vadopted. The primary and secondary sources of datavwere also used. It was found that the Business Facilitation Act 2023 amended twenty-one (21)vbusiness related laws, thereby removing bureaucratic constraints to doing business in Nigeria.vThe paper therefore recommended amongst others, vthat businesses should adopt these keyvinnovative provisions of the law to further promote the ease of doing business Nigeria.