Lagos Tops PEBEC 2025 Rankings as Nigeria’s Best State for Ease of Doing Business

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Lagos State has reaffirmed its position as Nigeria’s leading business destination after emerging winner of the “Best Subnational for Ease of Doing Business” and “Best State Reform Champion” awards at the Presidential Enabling Business Council (PEBEC) 2025 Awards, held at the Banquet Hall of the Presidential Villa, Abuja.

The state ranked first in both categories with an impressive 85.6 per cent overall score, driven by wide-ranging reforms in land administration, taxation, digital service delivery, trade logistics and investor support mechanisms.

Receiving the awards on behalf of Governor Babajide Sanwo-Olu, the Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Bada Ambrose, described the 2025 Subnational Ease of Doing Business (EoDB) Report and the 2025 Business Facilitation Act (BFA) Performance Report as the most comprehensive assessment of Nigeria’s business climate in 2025.

She explained that the reports evaluated states across 16 indicators and 36 sub-metrics, covering key areas such as electricity reliability, availability of skilled labour, commercial justice delivery.