The Presidential Enabling Business Environment Council (PEBEC) has called for stronger collaboration between the tiers of government and the private sector as part of efforts to improve Nigeria’s investment climate and attract more foreign direct investment.
Director-General of the PEBEC, Zahra Audu, made the call during the third existing foreign direct investors roundtable held at the Banquet Hall of the Presidential Villa in Abuja.
According to a statement issued by the PEBEC secretariat on Saturday, the meeting brought together senior government officials and foreign investors currently operating in Nigeria to discuss strategies for strengthening the country’s business environment.
Speaking during the opening session, Audu said sustained engagement with investors and coordinated implementation of reforms across government institutions were necessary to address operational challenges faced by businesses.
She described existing foreign investors as critical partners in Nigeria’s economic development, noting that their contributions extend to job creation, capital inflows, technology transfer and supply chain development.
“Existing foreign investors remain critical partners in Nigeria’s economic development through their contributions to job creation, capital investment, technology transfer and supply chain development,” Audu said.
She added that the PEBEC’s engagement strategy prioritises continuous dialogue with investors already operating in the country to better understand and address practical issues affecting their businesses.
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Also speaking at the event, the Deputy Chief of Staff to President Bola Tinubu, Ibrahim Hadejia, who represented Vice President Kashim Shettima, reaffirmed the federal government’s commitment to creating a stable and transparent business environment.
According to him, the government remains focused on policies that support investment, business expansion and long-term economic growth.
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, who participated virtually, also provided insights into ongoing fiscal and tax reforms aimed at strengthening revenue administration and improving tax certainty for investors.
The roundtable was attended by representatives of diplomatic missions including those of the United States, Russia, France, Colombia, Denmark and Pakistan, as well as development partners such as the United Nations and the World Bank.
The PEBEC said the engagement reinforced its role as a platform for coordinating reforms, addressing investor concerns and positioning Nigeria as a competitive investment destination in Africa.
