The Nasarawa State Government has intensified efforts to create a more business-friendly climate by deepening its collaboration with the Federal Government through the Presidential Enabling Business Environment Council (PEBEC).
According to Governor Abdullahi Sule, who chairs the state’s own business reform council—NEBEC (Nasarawa State Enabling Business Environment Council)—this strategic alignment with federal reforms is aimed at reducing bureaucratic red tape, stimulating investment, and supporting entrepreneurs across the state.
Speaking during a recent PEBEC retreat, Governor Sule highlighted that syncing Nasarawa’s initiatives with national efforts is essential for building a seamless, transparent, and supportive business environment. He described the collaboration as vital to positioning Nasarawa as a competitive hub for investors and small businesses.
Unified Reforms for National Impact
PEBEC, chaired by Vice President Kashim Shettima, plays a key role in driving ease of doing business nationwide. Shettima emphasized the need for collaborative governance, stating that “no government can effectively solve complex economic challenges in isolation.”
Nasarawa is among several states participating in the States Action on Business Enabling Reforms (SABER)—a World Bank-funded initiative designed to catalyze business reforms at the subnational level. Through SABER, the state is targeting systemic improvements in business processes and service delivery.
Dr. Jumoke Oduwole, Special Adviser to the President on Ease of Doing Business and PEBEC Secretary, praised Nasarawa’s leadership, noting that “states like Nasarawa are proving that with visionary governance and intergovernmental cooperation, we can unlock real economic potential.”
Empowering Entrepreneurs Through Access to Credit
In a major step toward financial inclusion, Nasarawa State, via the Nasarawa State Investment Development Agency (NASIDA), hosted a landmark session on August 23, 2024, focusing on improving access to credit for investors and Micro, Small, and Medium Enterprises (MSMEs).
The event brought together key players, including the Central Bank of Nigeria, Bank of Industry, Bank of Agriculture, NIRSAL Microfinance Bank, UBA, Access Bank, SMEDAN, and relevant government agencies. Discussions addressed financial barriers facing local businesses and explored solutions for expanding access to capital.
NASIDA MD/CEO Ibrahim Abdullahi described the event as a powerful demonstration of the state’s commitment to empowering business owners, driving job creation, and stimulating economic growth.
Grassroots Awareness to Support Reform Success
To further ensure the success of its economic reforms, the Federal Information Centre in Lafia has launched awareness and sensitization campaigns across both urban and rural areas. The outreach targets schools, markets, places of worship, motor parks, and public institutions.
These campaigns focus on educating citizens about President Bola Ahmed Tinubu’s reform agenda, which includes initiatives such as student credit facilities, agricultural loans, road and housing projects, and CNG conversion programs—all designed to alleviate economic strain following the removal of fuel subsidies.
Through bold reforms, strategic federal collaboration, and people-focused initiatives, Nasarawa State is paving the way for a more inclusive, dynamic, and business-ready economy.
