The Presidential Enabling Business Environment Council is set to roll out the 2026 Business Environment Enhancement Programme Accelerator, a 90-day reform initiative designed to convert long-standing policy commitments into concrete, measurable improvements for businesses operating in Nigeria.
The programme will prioritise rapid implementation of high-impact reforms across ministries, departments, and agencies, with particular emphasis on compliance with the Business Facilitation Act 2022. PEBEC said the accelerator will also address persistent coordination gaps among MDAs, reduce regulatory frictions that slow down business processes, and improve the quality and speed of public service delivery.
According to the council, the accelerator approach reflects a shift from broad reform pledges to targeted execution, accountability, and outcomes. MDAs participating in the programme will be expected to deliver clearly defined results within the 90-day window, focusing on reforms that have an immediate and practical impact on investors, entrepreneurs, and small businesses.
PEBEC noted that the initiative builds on lessons from previous reform cycles, where delays in implementation and weak inter-agency collaboration limited the full benefits of policy changes. By tightening timelines and sharpening focus, the council aims to remove recurring bottlenecks such as lengthy approval processes, overlapping mandates, and inconsistent application of regulations.
The council added that improving the business environment remains critical for Nigeria’s economic diversification agenda, especially at a time when the country is seeking to attract investment, boost non-oil exports, and support the growth of micro, small, and medium-sized enterprises. A more predictable and efficient regulatory environment, it said, would lower the cost of doing business and strengthen investor confidence.
PEBEC also emphasised that the 2026 accelerator will reinforce transparency and performance tracking, with progress monitored closely to ensure reforms translate into real benefits for the private sector. The council said the outcomes of the programme will shape Nigeria’s broader business environment reform priorities beyond 2026.
