FG orders MDAs to scrap overlapping regulatory fees

The Federal Government of Nigeria has announced plans to eliminate overlapping regulatory fees, responsibilities, and bureaucratic procedures across Ministries, Departments, and Agencies (MDAs) as part of efforts to reduce the cost of doing business and attract investment. This initiative, directed by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, aims to improve service delivery, eliminate unnecessary administrative requirements, and demonstrate greater accountability in agency operations.

The plan is to be implemented under a "One Government" framework, which requires MDAs to coordinate their activities, operate strictly within their statutory mandates, and eliminate duplicate requirements, multiple fees, and unnecessary procedures that impose additional costs on businesses.

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