{"id":354401,"date":"2025-02-01T05:31:45","date_gmt":"2025-02-01T04:31:45","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=354401"},"modified":"2025-02-01T05:31:45","modified_gmt":"2025-02-01T04:31:45","slug":"fg-assures-investors-of-stable-business-environment","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2025\/02\/01\/fg-assures-investors-of-stable-business-environment\/","title":{"rendered":"FG Assures Investors of Stable Business Environment"},"content":{"rendered":"<ul class=\"marker:text-textOff list-disc pl-8\">\n<li><strong><span class=\"\">Vice President Kashim Shettima assures investors of a stable business environment, emphasizing the launch of Nigeria\u2019s Regulatory Impact Analysis Framework<\/span><\/strong><\/li>\n<li><strong><span class=\"\">The federal government highlights a $750 million reform program aimed at enhancing business activities and improving Nigeria\u2019s investment landscape<\/span><\/strong><\/li>\n<\/ul>\n<hr \/>\n<p data-pm-slice=\"1 1 []\">The Federal Government has reassured investors of a stable business environment that fosters predictability, ensuring seamless and profitable operations.<\/p>\n<p>Vice President Kashim Shettima committed this at the 2nd Presidential Enabling Business Environment Council (PEBEC) roundtable.<\/p>\n<p>He described the event as a vital platform for stakeholder engagement and collaboration.<\/p>\n<p>The event, held in Abuja on Wednesday, also featured the launch of Nigeria\u2019s Regulatory Impact (NRI) Analysis Framework.<\/p>\n<p>Shettima stated that the NRI would enhance productivity and competitiveness across key sectors, supporting the government\u2019s economic initiatives to improve the business landscape.<\/p>\n<p>He praised the first-of-its-kind $750 million Performance for Result State Action Enabling Reform program, co-designed by the federal government and the World Bank, to enhance business activities at the sub-national level.<\/p>\n<p>Represented by his Deputy Chief of Staff, Senator Ibrahim Hadeija, Shettima highlighted that the roundtable would enable local and international investors to engage in discussions that make Nigeria a more attractive <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/01\/31\/what-next-administration-will-inherit-from-me-buhari\/\">destination<\/a> for business and investment.<\/p>\n<p>He emphasized that robust stakeholder participation would help transform Nigeria\u2019s regulatory framework and boost its global competitiveness.<\/p>\n<p>The Vice President also acknowledged the 180 verifiable projects initiated through PEBEC, showcasing the administration\u2019s commitment to economic reform.<\/p>\n<p>Speaking at the launch of the NRI, newly appointed PEBEC Director General Princess Zahrah Audi shared insights from a survey conducted by the council. The survey identified three major concerns investors want addressed immediately.<\/p>\n<p>According to her, stakeholders emphasized the need for a predictable business environment and expressed interest in expanding operations, with Taraba and the FCT emerging as top investment destinations.<\/p>\n<p>The NRI Analysis Framework report highlighted a total investment of $15 billion (N22.6 trillion) from 51 companies operating in Nigeria.<\/p>\n<p>The Governor of the Central Bank, who also attended the event, assured businesses that ongoing reforms in the financial sector would encourage banks to increase funding for productive economic activities.<\/p>\n<p>He noted: \u201cWith a more transparent and buoyant foreign exchange market, illicit financial flows are being curtailed. As a result, banks are now more focused on core banking activities, and we anticipate increased interest in funding productive sectors moving forward.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vice President Kashim Shettima assures investors of a stable business environment, emphasizing the launch of Nigeria\u2019s Regulatory Impact Analysis Framework The federal government highlights a $750 million reform program aimed at enhancing business activities and improving Nigeria\u2019s investment landscape The Federal Government has reassured investors of a stable business environment that fosters predictability, ensuring seamless [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":300733,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[86732,371,47414,86733,65669],"class_list":["post-354401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-2nd-presidential-enabling-business-environment-council","tag-fg","tag-pebec","tag-stable-business-environment","tag-vice-president-kashim-shettima"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast 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