Shettima urges regulatory agencies to align with Tinubu’s agenda

Vice-President Kashim Shettima has urged regulatory agencies to eliminate overlaps and align their activities with President Bola Tinubu’s agenda for economic growth and enhance ease of doing business in Nigeria.

Shettima said 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.

He said that President Tinubu’s administration was committed to streamlining the regulatory environment in the country.

According to Shettima, the move is crucial in driving the coordination, transparency and global competitiveness required for the nation’s economic transformation, stressing that the administration’s journey towards a regulatory system built on trust, consistency and collaboration was ongoing.

He said that it was a journey that required all and sundry to remain committed.

“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.

“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,” Shettima said.

He said President 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.

“The work of PEBEC, particularly through initiatives like the Regulatory Reform Accelerator, has been pivotal in reducing the obstacles faced by businesses.

“Today’s forum offers an unparalleled opportunity to address these issues head-on and chart a new course towards regulatory cohesion.

“This is not merely an event – it is a defining moment for us to reflect on the duties we owe our nation,” he said.