Thursday, November 21, 2024
31.5 C
Lagos

NCDMB Retains Top Ranking as Presidential Council Evaluates Efficiency, Transparency of MDAs

The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments and agencies (MDAs), as captured in the latest evaluative assessment by the Presidential Enabling Business Environment Council (PEBEC).

In the ‘2024 Half Year Transparency and Efficiency Compliance Report (January 2024-June 2024),’ released on Tuesday in Abuja by PEBEC, the Board scored 71.6 per cent in Efficiency Compliance and 100 per cent in Transparency Assessment, to emerge with an Overall BFA Performance score of 80.1 per cent.

The Overall Business Facilitation Act Performance of MDAs, as explained by PEBEC, is assessed “using an efficiency and transparency scale weighted at 70 per cent and 30 per cent, respectively.”

With the latest Report, NCDMB has retained the top ranking for 30 consecutive months, having first secured the coveted position in the January 2022-June 2022 review period and subsequently in the second half of that year and the 12 months of 2023.

Under the Efficiency Compliance Ranking, PEBEC focuses its evaluation on “adherence to service level agreements (SLAs), cost management, procedural efficiency, One Government directive, and instances of Default Approval as provided in the Business Facilitation Act, 2022.”

For Transparency Ranking, the focus is on “how effectively MDAs…make essential information accessible to the public,” with particular emphasis on “clarity and completeness of published details on service level agreements, operating procedures, eligibility requirements, timelines and fees.”

In a year-on-year overview, PEBEC noted with satisfaction that “The MDAs have made progress in adhering to service level agreements and advancing digitisation efforts,” even though “bureaucratic challenges and issues with consequence management persist.”

The Council states further that “The outlook for efficient public service delivery remains positive, given this administration’s commitment to creating a conducive environment,” and that “There has been significant improvement in the overall rankings, with over 60% of MDAs now scoring above average, compared to the previous report above-average scores.”

A total of 40 MDAs, categorised as ‘PEBEC Priority MDAs,’ were covered in the ‘2024 Half Year Transparency and Efficiency Compliance Report.’ The Standards Organisation of Nigeria (SON), which scored 78.2%, and the Nigeria Agricultural Quarantine Service (NAQS) 74.8%, were second and third, respectively, in the ranking.

spot_img
spot_img
spot_img

Hot this week

NNPC’s Utapate Crude Grade Hits Global Oil Market, OML 13 Eyes 80,000 bpd by 2025

Managing Director, NNPC E & P Limited (NEPL), Mr....

UNIDO, ILO, Others to Headline 5th Lagos Waste Forum

Top government officials, Coca-Cola, the United Nations Industrial Development...

Polaris Bank Champions Financial Literacy for Students in Commemoration of World Savings Day 2024

Polaris Bank concluded its nationwide financial literacy initiative with...

WAICA: Heirs Insurance Sector Head Seeks AI Innovation to Drive Insurance Growth

L-R Niyi Onifade, Sector Head, Heirs Insurance Group and...

Stanbic IBTC Pension Managers Champions Nigerian Art with ART X Lagos Sponsorship

Stanbic IBTC Pension Managers has again made a significant...

Topics

AMCON CEO Congratulates Retired Staff

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...

Digital Connectivity Enhances Quality of Life – Danbatta

The Executive Vice-Chairman (EVC) of the Nigerian Communications Commission...

Francophone Africa: The Continent’s Hottest Hospitality Market

Identified as a strategic growth point for major international...

The Role of Media Monitoring Services in Governance and its Application 

  By Philip Odiakose The role of media monitoring services in governance...

AFRICA RE, IFC Partnership to Empower African Farmers

Africa-Re’s partnership with IFC (A member of the World...

Mobile Technology Connects Africa with Global Markets

The growth of mobile phones and services across the...

Corruption Killing African Businesses

An estimated 34% of African businesses reported losing out on deals to corrupt competitors in an annual survey of business attitudes comprising interviews with 824 companies worldwide. The survey was conducted by Control Risks, a global business risk consultancy. Corruption is still a major cost to international business, with 34%* of respondents from Africa reported losing out on deals to corrupt competitors. Corruption risks continue to deter investors. 30% say they have decided not to conduct business in specific countries because of the perceived risk of corruption.

Data & Tech to Transform Nigerian Retail Market

The convergence of AI, tech, and data on Nigeria’s...
spot_img

Related Articles

Popular Categories

spot_imgspot_img