Business
NCDMB, SON Maintain Lead In Business Efficiency Ranking
The Nigerian Content Development and Monitoring Board (NCDMB) and Standards Organisation of Nigeria (SON) have maintained lead in the efficiency and transparency compliance ranking scale released by the Presidential Enabling Business Environment Council (PEBEC).
In a report released on Monday, both agencies and the Corporate Affairs Commission (CAC) emerged as the overall top-performing agencies among all the Ministries, Departments, and Agencies of the Federal Government in Nigeria, which are ranked on the basis of transparency and efficiency compliance, assessing their ability to provide, cost-effective, timely and customer-friendly services.
NCDMB and SON were ranked first and second respectively in terms of efficiency and transparency, making it the second straight year SON has clinched this award.
Analysis of the PEBEC Business Facilitation Performance Results, which covered January – December 2023, showed that NCDMB scored 70.07 percent, SON scored 69.5 percent, CAC had 65.12 percent, Federal Competition and Consumer Protection Commission, (FCCPC), 65.04 percent, and Nigerian Export-Import Bank, NEXIM, 63.51 percent.
According to PEBEC, the high-performing MDAs demonstrated commendable performance in both efficiency and transparency through diligent adherence to their Service Level Agreements (SLAs) during the year under review.
In acknowledging this recognition by PEBEC, the Director General/Chief Executive, Dr. Ifeanyi Chukwunonso Okeke, credits this accomplishment to the hardworking and diligent staff of the SON, noting that the recognition is a testimony of SON’s unwavering commitment to business and trade facilitation in the country in line with the Federal Government’s resolve to create an enabling environment for businesses to thrive.