By Egena Sunday Ode
Vice President Kashim Shettima has charged regulatory agencies to eliminate overlaps and align their actions with President Bola Ahmed Tinubu’s agenda for economic growth and improved ease of doing business in Nigeria.
The Vice President said the administration of President Bola Ahmed Tinubu remains committed to streamlining the regulatory environment in Nigeria.
This, the Vice President said, is crucial in driving the coordination, transparency and global competitiveness required for the nation’s economic transformation.
Senator Shettima stated this on Thursday during the Presidential Enabling Business Environment Council (PEBEC) Regulators’ Forum to build an effective Regulatory Impact Framework (RIA) for Nigeria held at the Presidential Villa, Abuja.
According to him, the administration’s journey towards a “regulatory system built on trust, consistency, and collaboration is ongoing, and it is a journey that requires” all and sundry to remain committed.”
According to a statement by his media aide, Shettima implored the government regulators to be “willing to reinvent processes and innovate, guiding Nigeria towards a future where we are not economically disadvantaged but positioned to thrive.
“Our duty to the private sector is clear: to listen, process their concerns, and develop solutions that drive growth. In recent months, there have been pockets of complaints regarding certain directives from our regulatory agencies. I have personally intervened on several occasions to ensure we are not hampered by conflict, but instead move forward with unity and purpose,” he added.
Underscoring the importance of streamlining the regulatory system, the VP said, “The success of this forum today does not solely depend on our ability to collaborate, share knowledge, and align our regulatory actions with the broader national agenda.
“It also depends on our capacity to recognise and address criticisms and shortcomings, while striving for a nation that does not feel like a battlefield for businesses, but a place where investors can thrive without fear of unnecessary hurdles.”
He charged the regulators to heed President Tinubu’s call to action, noting that the President envisions a country where regulatory excellence drives economic growth, attracts investment, and ultimately improves the quality of life for all citizens.
The VP continued: “Time and again, President Bola Ahmed Tinubu has reassured the business community of his commitment to easing any bottlenecks they may encounter, and each regulator here must adopt the same mindset in their dealings with private enterprises.
