The Nigeria Employers’ Consultative Association (NECA) has commended the Federal Government for its ongoing efforts to address regulatory bottlenecks as part of efforts to create a more conducive environment for businesses in the country.

The recent inauguration of the Presidential Enabling Business Environment Council (PEBEC) Regulators’ Forum, to NECA, is a significant step towards eliminating the operational and regulatory challenges that have long beleaguered the private sector.

The Director-General, NECA, Adewale-Smatt Oyerinde, applauded government’s commitment to improving the nation’s business climate.

He appreciated the leadership demonstrated by the Vice President, Kashim Shettima, as Chair of PEBEC, and the comprehensive participation of priority Ministries, Departments, and Agencies (MDAs) in the forum.

“By tackling the bottlenecks and inefficiencies that have stifled business operations for years, the Federal Government is paving the way for a more dynamic and resilient private sector. We are optimistic that this renewed focus on coordination, transparency, and efficiency will translate into tangible benefits for businesses and the economy at large,” he added.

The NECA DG lauded the forum’s focus on the Regulatory Impact Assessment (RIA) framework, which promises to enhance the productivity and competitiveness of businesses operating within Nigeria.
He affirmed NECA’s continued support and collaboration with PEBEC to ensure that key decisions made during the forum are swiftly implemented.