The Presidential Enabling Business Environment Council (PEBEC), has released its 2025 outlook document, outlining a strategic roadmap for the secretanat’s workplan for 2025 and the expected outcomes to improving Nigeria’s business environment.
Project manager, PEBEC Secretariat, Aimeya Okpebholo made this known in a statement, noting that central to the forward thinking workplan is the introduction of the Regulatory Impact Assessment (RIA) framework, which she described as an innovative tool designed to assess the potential impact of regulatory decisions on businesses and the economy.
According to her, “The RIA Framework represents a transformative step for Nigeria’s business environment.
With its adoption, the PEBEC secretariat will ensure that regulatory decisions are not only transparent and effective but also aligned with the nation’s economic development objectives.
Aimeya also stated that the framework will empower regulators to make evidence-based decisions, carefully evaluating their potential impact on businesses and the economy.
She further highlighted that the PEBEC 2025 outlook reaffirms the council’s commitment to driving critical business reforms through the Omnibus Bill 2.0, a landmark piece of legislation poised to transform Nigeria’s business landscape.
According to project manager, the strategic move is designed to streamline processes and create a more conducive environment for business growth.
She also emphasized PEBEC’s continued support for sub-national initiatives, including the roll-out of the Subnational Ease of Doing Business reforms.
Established in July 2016 by the federal government, PEBEC has been prioritised by President Bola Ahmed Tinubu, in line with the 8 point renewed hope agenda of this administration.
Overall, the PEBEC 2025 outlook document demonstrates the council ‘s commitment to driving business reforms for investment retention, attract new opportunities for sustainable growth, and improve the perception of doing business in Nigeria.
