The Nigerian Content Development and Monitoring Board (NCDMB) and Standards Organization of Nigeria (SON) ranked top in efficiency and transparency compliance, the Presidential Enabling Business Environment Council (PEBEC) has said.
This was disclosed in PEBEC’s overall 2022 Business Facilitation Act (Miscellaneous Provisions) Act performance results for the year 2023 released at the weekend.
According to the Council, NCDMB ranked highest with 70.07 per cent, followed by SON with 69.5 per cent.
The detailed analysis of the latest result covering January 2023 – December 2023 (BFA Compliance Report) showed the top five MDAs with commendable performance.
Others are the Corporate Affairs Commission (CAC) 65.1 per cent, the Federal Competition and Consumer Protection Commission (FCCPC), 65.04 per cent, and the Nigerian Export-Import Bank (NEXIM) 63.51 per cent.
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In view of this, the Special Adviser to the President on PEBEC and Investment Dr. Jumoke Oduwole, urged MDAs to take concrete steps to improve efficiency and transparency ratings before the end of the 2024 reporting period as only 10 MDAs out of 39 scored above 50 per cent.
“With only 10 MDAs scoring above 50% and a weighted average score of 34.87% across the 39 MDAs, strategic measures to enhance sector-specific metrics will need to be prioritized. These MDAs must take concrete steps to improve efficiency and transparency ratings before the end of the 2024 reporting period.
“Most importantly, MDAs should as a matter of urgency set up BFA Implementation Reform Committees. These committees will be responsible for steering BFA implementation initiatives in the MDAs, accelerating the strides taken in promoting a culture of transparency and accountability.
“This will be in furtherance of the implementation strategies of the 8-point agenda of the Administration of President Bola Ahmed Tinubu GCFR, designed to boost economic reforms for sustained inclusive growth across all sectors.
“We strongly urge the MDAs covered in this report to draw insights from empirical data and past BFA reports (since 2018) to drive essential improvements in efficiency and transparency” the organization added.
According to her, the high-performing MDAs demonstrated commendable performance in both efficiency and transparency through diligent adherence to their Service Level Agreements (SLAs) during the 2023 reporting year, adding that the overall performance of MDAs highlights the need for massive improvement in key BFA Compliance metrics.
She further noted that PEBEC had in the past seven years, consistently published Compliance Reports, providing an empirical analysis of the monthly reports from MDAs.
She said that an MDA’s EO1 performance score is based on Efficiency and Transparency measures, with a 70% to 30% ratio, respectively.
Oduwole stated that efficiency measures compliance with service delivery timelines and directives of the EO1, while Transparency is assessed based on website updates, online service portals, detailed service information, timelines, costs, statutory requirements, and customer service contact details.
