Home Business PEBEC Orders Policy Freeze to Strengthen Ease of Doing Business

PEBEC Orders Policy Freeze to Strengthen Ease of Doing Business

PEBEC

April 06, (THEWILL) — The Presidential Enabling Business Environment Council (PEBEC) has ordered all Ministries, Departments, and Agencies (MDAs) to halt the rollout of new policies and regulatory changes, in a move aimed at shielding businesses from sudden disruptions.

The directive was announced on Monday in Abuja by PEBEC’s Director-General, Zahrah Mustapha-Audu, as part of ongoing efforts by the Federal Government to improve regulatory stability and strengthen Nigeria’s business climate.

According to Mustapha-Audu, the suspension is designed to ensure that future policies are rooted in credible, verifiable data and subjected to thorough evaluation before implementation.

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She stressed that no new reforms would proceed without clear evidence demonstrating their necessity and potential impact.

“This step is critical to preventing policy shocks that could negatively affect businesses, investors, and citizens,” she said.

“It will also address issues of inconsistency and frequent policy reversals that undermine confidence.”

PEBEC explained that the decision forms part of a broader framework to institutionalise evidence-based policymaking across government institutions.

The framework is expected to provide a structured process for developing, assessing, and validating policy proposals before they are introduced.

The council further noted that the initiative would enhance transparency, improve coordination among regulators, and build stronger trust between the government and the private sector.

Mustapha-Audu added that the government remains committed to collaboration with all MDAs, emphasizing that the directive is not punitive but intended to promote better governance and a more predictable business environment.

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Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.

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