NewStats: 3,261,641 , 8,174,604 topics. Date: Thursday, 29 May 2025 at 09:39 PM 4v635g

Nigeria, China, and India made the top 10 list of governments that have done the most in the past year to improve the ease of doing business in their countries, the World Bank said on Wednesday.

Despite the bitter trade war, in which the United States is demanding reforms from Beijing to protect intellectual property and open its economy further to American businesses, China made the top 10 list for the second year in a row.

With those improvements, China leapfrogged to take the 31st spot in the “ease of doing business” ranking, moving up 15 places, according to the World Bank report.

And despite US complaints, the report credited China with improving protections for minority investors, strengthening procedures for enforcing contracts and making trade easier with changes to customs istration and port infrastructure.

“Removing barriers facing entrepreneurs generates better jobs, more tax revenues and higher incomes, all of which are necessary to reduce poverty and raise living standards,” World Bank Group President David Mal said in a statement.

Nigeria is also ranked 131 on the list after moving up by 15 places from its 2019 spot.

“Nigeria conducted reforms impacting six indicators, including making the enforcement of contracts easier, which placed the 200-million-person economy among the world’s top improvers.

“Only two Sub-Saharan African economies rank in the top 50 on the ease of doing business rankings while most of the bottom 20 economies in the global rankings are from the region,” WorldBank said in a statement.

India landed on the most-improved list for the third year in a row, making it easier to start a business by abolishing filing fees, lowering the time and cost of seeking construction permits and making trade easier with port improvements and an improved electronic platform for submitting documents.

The country jumped 14 places to number 63 in the global rankings.

The other eight economies where business climates improved the most were Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, China, India, and Nigeria, the study found.

New Zealand continues to top the global rankings, with Singapore, Hong Kong right behind, with Korea in fifth place, and the United States sixth.

The World Bank studies reforms in 10 areas of business activity in 190 economies, including issues like construction permits, getting electricity and paying taxes

https://www.channelstv.com/2019/10/24/nigeria-china-india-among-10-most-improved-economies-world-bank/?fbclid=IwAR0Az8bMGhn4pkfmyvR7yo0mJIDJGgwYhGqGZuZUutiVLF2ImHJ6SJTo3sY

Whenever world bank and IMF wants to kill someone with a loan, they start to praise him first.

I don't know why they do this things to African countries

nototribalist:
Whenever world bank wants to kill someone with a loan, they start to praise him first.

I don't know why they do this things to African countries

I don't know why you people are so allergic to good news, all you pray and hope for is bad news.

Hmmm, I don't even know how this buharimetrics is being measured.
Where are the KPIs? Are you enjoying better?
Is the school fees reduces? Food nko?


Is your salary increased?

Then give me the parameters to measure the economical improvement.

Average man on the street doesn't understand your economic jargons.

improved economy? In what sense?? A telecom driven industry where data is super expensive in a third World country is a yardstick for them to tie their findings!

Whereas the naysayers are saying that buhari and his economic team are illiterates. As for me, if buhari's rise and what he has been doing in the country since he took over is how illiterates govern, then God may you continue to give us such illiterates in our country. That's what we need.

And with the recent finance act signed by the president which excluded SMEs of certain turnovers from some taxes and some locally produced goods, Nigeria will continue to improve on this rating.

On what yardstick is your statistics pls?

OK

Based on statistics given to them by the bank in this pics after funding the well in this project.

For we Nigerians, we can see and feel that our economy is going down

NGpatriot:



I don't know why you people are so allergic to good news, all you pray and hope for is bad news.

He needs an orgasm, he was supposed to get that from badnews, since none is available yet, let him make one.

Sometimes let's just accept goodnews and stop trying to make it look bad, World Bank cannot just drop this type of information, they must have carried out their survey on this countries,So as Nigerians we should try to embrace all forms of positivity.... God bless all Nairalanders
God bless Nigeria
God bless all legit hustler
Forward ever.... Backward never

Most improved here means Nigeria moved up from 146 to 131 despite billions of dollars borrowed last year.

Nigeria can do better than this. By now Nigeria is supposed to have broken into at least top 100 most improved economy in the world.

Abi, which parent go happy say im pikin carry 131 for class after spending huge money on him?

ease of doing business, which business? Abi killing business.


Wait o, it seems the rate at which EFcc display suspects with mugshots has reduced, hop it is not that somebody sue them?

There is high production and investment in the country..
That we lead to economic development.

The government would be quick to sponsor this news to make the headlines. But whenever the opposite is said, they're quicker to say....not in my country
A lot needs to be done to stem insecurity in the land. It worsens everyday. No investors would come when the environment isn't safe. The government are also our worst enemies. A region launched an outfit to assist the police deal with terrorist and kidnappers but now, they're politicising it. Shame! Amotekun is here to stay. This is the only region in the country which dictates the African economy and generates the highest revenue to the government yearly.

That's beautiful, just that we're still the headquarters of extreme poverty.

contigiency:
Whereas the naysayers are saying that buhari and his economic team are illiterates. As for me, if buhari's rise and what he has been doing in the country since he took over is how illiterates govern, then God may you continue to give us such illiterates in our country. That's what we need.

What a clownish way to draw your conclusions! These illiterates and money gobblers took Nigeria into a recession! The indices are there for everyone to see! Please read and be guided.

bubu is working over to u wailers

This is rubbish, economy that can not reflect on its masses, is that one economy?

Sometimes I wonder where these data comes from. One of the best improved economy with rising inflation and poorer standard of living.

You wonder then what happens to the rest of the world

Fuckdem:
Sometimes let's just accept goodnews and stop trying to make it look bad, World Bank cannot just drop this type of information, they must have carried out their survey on this countries,So as Nigerians we should try to embrace all forms of positivity.... God bless all Nairalanders
God bless Nigeria
God bless all legit hustler
Forward ever.... Backward never

A Fulani slave spotted.

Keep licking their ass

It must be a joke.
Rather the economy is very bad.

NGpatriot:

https://www.channelstv.com/2019/10/24/nigeria-china-india-among-10-most-improved-economies-world-bank/?fbclid=IwAR0Az8bMGhn4pkfmyvR7yo0mJIDJGgwYhGqGZuZUutiVLF2ImHJ6SJTo3sY

Who is deceiving us please?

NGpatriot:



I don't know why you people are so allergic to good news, all you pray and hope for is bad news.

Don't mind those foster children whose country of origin remains unknown, but parading themselves as Nigerians.

contigiency:
Whereas the naysayers are saying that buhari and his economic team are illiterates. [s]As for me, if buhari's rise and what he has been doing in the country since he took over is how illiterates govern, then God may you continue to give us such illiterates in our country. That's what we need[/s] .

Audio improvement.

Lies lies lies lies lies lies lies lies lies lies

Today we are improving, tomorrow we are worst dangerous place to invest. Economic romancist should leave Nigeria out of this

what kinda well is that up there pls, it's a death trap and I wonder how many people must have fallen over such poorly handled project
This is as scary as the come