Nigeria Aims to Become World’s Most Attractive Business Destination
The Presidential Enabling Business Environment Council (PEBEC) has reaffirmed its commitment to making Nigeria the most attractive and competitive country for doing business globally. This pledge was made by PEBEC’s Director General, Princess Zahrah Mustapha Audu, at an event honoring public sector excellence in Abuja. The occasion recognized Nigeria’s economic progress, driven by intentional reforms based on data, accountability, and strong leadership from President Bola Ahmed Tinubu and Vice President Kasim Shettima.
According to Princess Audu, the launch of the Regulatory Impact Analysis (RIA) Framework in January marked a significant step towards predictable, evidence-based policymaking. She cited global data indicating that countries with robust regulatory systems can experience up to 2.3 percent annual growth. As Nigeria moves towards 2026, PEBEC’s vision is to establish the country as a premier destination for businesses worldwide.
Deputy Chief of Staff to the President, Ibrahim Hadija, echoed this sentiment, stating that the event reaffirms Nigeria’s determination to build a more business-friendly economy. Under the current administration, PEBEC has implemented measurable reforms that continue to improve the daily experience of entrepreneurs, exporters, investors, and small and medium-sized businesses. The occasion celebrated public servants who are redefining their roles with innovation, transparency, and results, demonstrating Nigeria’s capacity for reform through collective effort.
The PEBEC’s efforts are part of a broader strategy to enhance Nigeria’s economic competitiveness. By streamlining regulatory processes and promoting a business-friendly environment, the government aims to attract investment, stimulate growth, and create opportunities for businesses to thrive. As Nigeria continues on this path, the country’s progress will be closely watched by the international community, with potential implications for its economic standing on the global stage. With its commitment to reform and improvement, Nigeria is poised to become an increasingly attractive destination for businesses and investors in the years to come.
