The National Investment Board (NIB) AND the National Revenue Authority (NRA) collaborate to enhance BUSINESS REGISTRATION AND REVENUE COLLECTION in Sierra Leone.
The National Investment Board (NIB) and the National Revenue Authority (NRA) have held a meeting to discuss collaborative efforts aimed at improving the business registration process and streamlining revenue generation in Sierra Leone. This initiative aligns with the government’s broader agenda to create a more conducive environment for investment and economic growth.
The Executive Director of NIB, Dr. Edward Hinga Sandy, in his speech, described the establishment of the NIB as a fulfillment of President Julius Maada Bio’s vision to strengthen the investment landscape. He highlighted the government’s efforts in setting up a one-stop shop for business registration, facilitation, and retention to ensure that investors can operate with ease while complying with national regulations.
Dr. Sandy acknowledged the crucial role of cooperating with the NRA to enhance the business climate, emphasizing that a rationalized registration and revenue collection process would attract more investors, boost compliance, and create a more business-friendly environment.
Mrs. Jeneba J. Bangura, the Commissioner-General of the NRA, expressed her commitment to working with the NIB to enhance business registration and revenue collection. She emphasized the importance of a seamless revenue collection through automation and assured that the NRA would support NIB in making the process more efficient.
