PEBEC Directs Federal Agencies to Suspend New Policy Introductions
The Presidential Enabling Business Environment Council (PEBEC) has issued a significant directive to all ministries, departments and agencies (MDAs) across Nigeria, mandating an immediate suspension of new policy introductions and regulatory changes. This decisive move aims to prevent disruptions to business operations and strengthen the country's ease of doing business environment through improved regulatory quality and policy consistency.
Evidence-Based Policy Framework Implementation
According to a statement released by PEBEC's Director-General, Zahrah Mustapha-Audu, the suspension will remain in effect until all MDAs achieve full compliance with the Regulatory Impact Analysis (RIA) Framework. This framework, introduced in January of the previous year, governs evidence-based policymaking across government institutions and requires thorough evaluation before policy implementation.
"It is imperative to emphasise that no new reform or policy will be permitted to proceed without being grounded in clear, verifiable evidence," stated Mustapha-Audu. "The framework provides the structured mechanism through which such evidence-based decisions can be rigorously developed, assessed and validated."
Preventing Policy Shocks and Inconsistencies
The PEBEC directive specifically targets the elimination of policy inconsistencies and frequent reversals that have historically created challenges for businesses and investors. The council emphasized that this measure is necessary to prevent policy shocks that could adversely affect businesses, investors, and citizens alike.
"This directive is necessary to prevent policy shocks that may adversely affect businesses, investors, and citizens, as well as to eliminate policy inconsistencies and frequent reversals," the Director-General explained in her official statement.
Technical Support and Implementation Requirements
All MDAs are now required to align any new policies or amendments with the RIA framework before seeking approval and rollout. The framework has been formally circulated by the Office of the Secretary to the Government of the Federation and remains accessible through the PEBEC website for reference and implementation guidance.
To facilitate proper implementation, MDAs are encouraged to seek technical support from the PEBEC Secretariat. The government has clarified that it remains committed to working collaboratively with regulators and does not intend to embarrass any institution through this compliance process.
Exceptions and Long-Term Objectives
The directive includes provisions for exceptions in cases of urgent national interest, though such exceptions remain subject to appropriate approvals through established channels. According to PEBEC leadership, the broader objective extends beyond immediate compliance to institutionalizing evidence-based policymaking across government institutions.
The Regulatory Impact Analysis Framework is designed to enhance transparency throughout the policy development process and improve stakeholder confidence in government decisions. By requiring verifiable data to support all new policies, the government aims to create a more predictable and stable business environment that attracts both domestic and international investment.
This initiative represents a critical component of the Federal Government's comprehensive strategy to improve Nigeria's global business competitiveness rankings and create more favorable conditions for economic growth and development across all sectors.
