By Guide Newspaper
Akwa Ibom State is missing among the ten top ranking states in Nigeria with ease of doing business.
The Guide Newspaper reports that the Presidential Enabling Business Environment Council (PEBEC) has recently released the 2025 Subnational Ease of Doing Business Report, with Lagos emerging as the best-performing state, scoring 85.6 per cent.
According to the report, As reported released by the Director-General of PEBEC, Mrs Zahrah Mustapha-Audu, Kaduna State came second position with 65.1 per cent.
Oyo, the FCT and Ogun rounded off the top five with scores of 62.7 per cent, 61.0 per cent and 59.9 per cent, respectively.
Others include Enugu (56.2 per cent) in sixth position, followed by Plateau (56.2 per cent), Ekiti (55.8 per cent), Kano (54.8 per cent) and Nasarawa (53.4 per cent), completing the top 10 states.
PEBEC is a federal government agency dedicated to simplifying business operations in Nigeria through reforms and policy enhancements.
The EoDB report is a comprehensive, data-driven assessment of how Nigeria’s 36 states and the FCT are shaping business competitiveness through regulation, infrastructure, and administrative efficiency.
The report assesses performance across 16 indicators and 36 sub-metrics covering electricity, infrastructure, digital connectivity, land administration, taxation, trade logistics, justice delivery, investor support, and skilled labour readiness.
According to the DG, the leading states distinguished themselves through consistent reform momentum, improved digital processes and more predictable regulatory environments.
“The 2025 report also highlights five priority interventions states can implement immediately.
“These include establishing investor aftercare systems, strengthening MSME credit enablement, harmonising interstate trade rules, upgrading commercial justice processes and improving power reliability for industrial clusters,” she said.
The Guide Newspaper also reports that according to a report published by Worldwide Bank, highlighting some of the challenges faced by new entrepreneurs in Akwa Ibom State, due to network challenges, lack of awareness or power fluctuation, most applicants for business registration with CAC in Akwa Ibom State often travel to the CAC office to complete name search and reservation.
