The Presidential Enabling Business Environment Council (PEBEC) was established in July 2016 by His Excellency, President Muhammadu Buhari, GCFR, with a dual mandate to make Nigeria a progressively easier place to do business by removing bureaucratic constraints to doing business in Nigeria, as well as improving the perception of investors and stakeholders about the Nigerian business terrain.
The PEBEC is chaired by His Excellency, the Vice President, with the Honourable Minister of Industry of Trade and Investment as Vice Chair, and comprises 13 Honourable Ministers, the Secretary to the Government of the Federation, the Head of Service of the Federation and the Governor of the Central Bank of Nigeria. The PEBEC is also privileged to enjoy among its membership high-level representation from the National Assembly and the Judiciary, as well as State Governments and the private sector. The PEBEC Secretariat assists ministries, departments and agencies to implement the reform agenda of the Council.
Since its inception to date, the PEBEC has achieved the delivery of over 160 reforms and completed seven National Action Plans (60-day reform accelerators). As a result, Nigeria moved an aggregate of 39 places on the World Bank Doing Business index between 2016 and 2019. The country was twice named by the World Bank as one of the top 10 most improved economies in the world over the last three cycles of the report, and one of only two African countries to make this highly prestigious list in 2019.
13 other Cabinet Ministers, Head of Civil Service of the Federation, Governor of CBN, representatives from the National Assembly and the Judiciary as well as representatives from Lagos and Kano states and private sector.
the Enabling Business Environment Secretariat, implements the reform agenda of PEBEC.
Business Made Easy is an awareness and educational campaign initiated to communicate the Presidential Enabling Business Environment Council’s (PEBEC) mandate.
In order to make running a business easier in Nigeria, reforms have been implemented which should translate to Nigeria being ranked in the top 100 in the 2019/20 World Bank Ease of Doing Business Index. The Business Made Easy campaign was launched to effectively inform and educate Nigerians about these reforms.