Mar 7 β€’ 14:08 UTC πŸ‡³πŸ‡¬ Nigeria Punch

PEBEC calls for public-private collaboration to boost investment in Nigeria

The Director-General of PEBEC urged for stronger collaboration between government institutions and the private sector to enhance Nigeria's business environment during a roundtable with foreign investors.

Zahra Mustapha Audu, Director-General of the Presidential Enabling Business Environment Council (PEBEC), emphasized the need for ongoing engagement with investors and collaboration between government and private sector entities to bolster the investment climate in Nigeria. This statement was made during the third Existing Foreign Direct Investors Roundtable held at the Presidential Villa in Abuja, which aimed to foster dialogue on improving the business environment for foreign investors.

At the event, Audu highlighted the importance of foreign investors in Nigeria's economic development and reiterated PEBEC's commitment to facilitating sustained interaction with stakeholders. The council aims to implement coordinated reforms across different government institutions to create a more favorable atmosphere for investment, benefiting both local and foreign investors alike. The roundtable served as a platform for senior government officials and foreign investors to engage on pressing issues affecting investment in Nigeria.

The call for public-private collaboration reflects a growing recognition of the crucial role that effective partnerships play in driving economic growth and attracting foreign direct investment (FDI) in Nigeria. By strengthening communication and cooperation between the government and the private sector, Nigeria aims to enhance its competitiveness as a destination for investment, which is vital for its long-term economic stability and growth.

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