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Tinubu's Reforms to Boost Business in Nigeria Announced

Tinubu's Reforms to Boost Business in Nigeria Announced

At the Jigawa Investment Summit 2026, Vice President Kashim Shettima stated that President Bola Ahmed Tinubu's administration is focused on making it easier to do business in Nigeria. Shettima outlined strategies deployed by the administration, including the establishment of the Presidential Enabling Business Environment Council (PEBEC) and fiscal reforms aimed at simplifying business registration and reducing costs.

He noted that the federal government has made difficult decisions to put the economy on a sustainable growth path, emphasizing the need for transparency and predictability in the business environment. Shettima highlighted the importance of the 2023 Electricity Act in empowering states to develop power infrastructure, which is crucial for sectors like agriculture and mining.

He acknowledged that while reforms are underway, their impact must reach the states to be effective. Jigawa State Governor Umar Namadi expressed confidence in the state's potential for investment, citing its vast agricultural land and strategic location for trade.

Plus234Feed summary based on reporting from Federal Ministry of Information. Read the original report below.

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