Jimi Agbaje Manifesto

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Lagos:Beyond 2015BOLD IDEASNEW OPPORTUNITIESBusiness ReformsWe will:• Reform and simplify the property registration process.• Avoid the use of regulation as a means of taxation.• Review and rationalise the list of fees, taxes and levies payable by businesses.• Establish a One-stop investment promotion and regulation centre to assist businesses with government processes;this will be in conjunction with both Federal and State agencies such as the CAC.The World bank in a report -Doing Business 2014 - comparesBusiness Regulations for Domestic Firms in 35 States and Abuja,FCT and ranks them accordingly based on 4 indicators, Lagosranks as follows;• Starting a business4th /36, Cost (% of income per capita)- 54.9• Dealing with construction permits36th /36, Cost (% of income per capita) - 3,504.9• Registering a property31st /36, Cost (% of income per capita) – 20.8• Ease of enforcing contracts –28th /36 Cost (% of income per capita) – 20.8 .(1)Source: (1) World Bank Group; Doing Business in Nigeria(2014)44
Lagos:Beyond 2015PartnershipBOLD IDEASNEW OPPORTUNITIESWe will:• Encourage agriculture in Lagos State• Work to attract and partner with major local andinternational companies and agencies to improve theproductivity and attractiveness of agriculture in theState.• Encourage significant private sector investment inaquaculture;• Upgrade and aggressively expand Extension Serviceprovision• Collaborate with other land-rich States to facilitate theproduction of food for consumption in Lagos45
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Jimi Agbaje Manifesto

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