PEBEC DG calls for policy continuity to achieve Tinubu’s $1tn economy vision

The Director-General of the Presidential Enabling Business Environment Council (PEBEC), Zahrah Audu, has urged subnational governments to prioritise policy continuity and long-term institutional credibility as a cornerstone of President Bola Tinubu’s $1 trillion economy ambition.

Speaking on Tuesday at the National Economic Council (NEC) meeting where she served as a panelist, Audu stressed that sustainable economic transformation cannot be achieved if policies are repeatedly disrupted by political transitions.

She warned that frequent policy reversals weaken investor confidence, erode institutional memory and stall long-term development projects.

“Nigeria cannot afford to restart the journey every four or eight years,” she said, underscoring the need for durable frameworks that transcend electoral cycles.

According to her, state governments must anchor reforms and development plans within strong legal and institutional structures capable of ensuring continuity beyond individual administrations. She noted that consistency in governance sends a powerful signal to investors about stability and long-term commitment.

In addition to policy continuity, Audu outlined four other strategic actions for states to help drive the President’s economic vision. These include digitalising and automating state processes, strengthening online visibility and investor communication, clearly defining priority sectors, and establishing robust investment aftercare and retention mechanisms.

She emphasised that as the primary interface between citizens and investors, subnational governments hold a decisive role in translating national economic ambitions into tangible growth outcomes.

President Tinubu’s $1trillion economy ambition is a long-term target to significantly expand Nigeria’s Gross Domestic Product (GDP) over the next decade. The plan seeks to more than double the country’s economic output through structural reforms, improved productivity and a stronger private-sector-driven growth model.