PEBEC seeks deeper collaboration with foreign investors

The Presidential Enabling Business Environment Council (PEBEC) has reiterated its commitment to sustained investment dialogue and coordinated reform implementation across government instututions.

Zahrah Audu, director-general of PEBEC, said this in a statement on the Third Existing Foreign Direct Investors (FDI) Roundtable on Friday in Abuja.


Ms Audu said that existing foreign investors remained critical partners in Nigeria’s economic development through their contributions to job creation, capital investment, technology transfer, and supply chain development.

She further said that PEBEC’s engagement strategy placed significant emphasis on listening to investors already operating in the country and addressing practical challenges that affect their operations.

She said that the engagement brought together senior government officials and leading foreign investors currently operating in Nigeria for a candid and solutions-oriented dialogue aimed at strengthening Nigeria’s investment climate.

According to her, the roundtable forms part of PEBEC’s ongoing efforts to deepen collaboration between government and the private sector while ensuring that reforms translate into tangible improvements in the operating environment for investors.

Ibrahim Hadejia, deputy chief of staff to the president, who welcomed participants on behalf of the vice president, reiterated the federal government’s commitment to fostering a stable, transparent, and competitive business environment that supports investment.

The roundtable featured presentations and interactive discussions with key government officials responsible for major regulatory and policy frameworks affecting investors.

These included Zacch Adedeji, executive chairman of the Nigeria Revenue Service; Bashir Adeniyi, comptroller-general of the Nigeria Customs Service; and Olutunji Disu, Inspector-General of Police.

Also participating virtually was Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms and minister of state for finance (Designate). 

Mr Oyedele provided insights into ongoing fiscal and tax reform initiatives designed to improve tax certainty, strengthen revenue administration, and enhance Nigeria’s competitiveness as an investment destination.

Representatives from various diplomatic missions, including the Embassies of the U.S., Russian Federation, France, Colombia, Denmark, and Pakistan, graced the event.

Participants at the events commended the federal government for creating an open platform for dialogue and expressed strong interest in sustaining such engagements regularly. NAN