PEBEC halts new policies to protect business environment

Date:

By ABUBAKAR YUNUSA

 

The Presidential Enabling Business Environment Council has directed Ministries, Departments and Agencies to suspend new policy introductions and regulatory changes.

The directive, issued in Abuja on Monday, is aimed at preventing disruptions to businesses and investors across the country.

In a statement, the Director-General of PEBEC, Princess Zahrah Mustapha-Audu, said the move forms part of the Federal Government’s efforts to improve regulatory quality and ensure policy consistency.

She noted that the suspension would remain until all MDAs fully comply with the Regulatory Impact Analysis framework.

According to her, the framework is designed to guide evidence-based policymaking across government institutions.

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Mustapha-Audu stressed that no new reform or policy would proceed without clear and verifiable evidence.

She explained that the mechanism allows policies to be properly developed, assessed and validated before implementation.

The PEBEC boss said the directive would help prevent policy shocks that could negatively affect businesses, investors and citizens.

She added that it would also address policy inconsistencies and frequent reversals.

Mustapha-Audu, however, stated that the government remains committed to working collaboratively with regulators and has no intention of embarrassing any institution.

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