If there is any organization in the forefront of promoting Local Content, it is the Nigerian Content Development and Monitoring Board, NCDMB.
So, it is cheering to know that, NCDMB the apostle and promoter of Local Content has emerged the third most transparent and efficient Ministries, Departments, and Agencies, MDA, in Nigeria. The NCDMB scored 81.21 percent to emerge third out of 54 MDAs.
In its 2020 Compliance Mid-Year Report on Ease of Doing Business – Executive Order 001, the Presidential Enabling Business Environment Council, PEBEC, said NCDMB moved from 16th to third with three years.
The report noted that the board ranked fifth in the efficiency report with 77 percent and eight in the transparency report with 90.5 percent.
PEBEC report also ranked NCDMB as the most improved MDA in Nigeria. According to the report, as of December 2019, NCDMB was ranked 27 and within the first six months of 2020, the board became the third most improved government agency in the country.
“The overall performance of MDAs for a given review period is determined by a combination of their weighted scores on the efficiency and transparency directives put at 70 percent and 30 percent, respectively.
“The top-performing MDAs differentiate themselves through a balanced performance on both the efficiency and transparency scales, which cover the three cross-cutting directives; default approval, one government, and transparency,” it said.
The report stated that the PEBEC was established in July 2016 by President Muhammadu Buhari to remove bureaucratic constraints to doing business in Nigeria and make the country a progressively easier place to start and grow a business.
It noted that the council is an inter-governmental and inter-ministerial one, which is chaired by Vice President Yemi Osinbajo and comprises 13 ministers, the head of the civil service of the federation, governor of the Central Bank of Nigeria, CBN, representatives of state governments, the National Assembly, the judiciary and the private sector.