The Presidential Enabling Business Environment Council (PEBEC) visit National Insurance Commission (NAICOM) to strengthen regulatory efficiency across MDAs and collaborate under the Business Environment Enhancement Program Accelerator (BEEPA), a 90 day initiative running from January 26 to April 26, 2026.
The PEBEC was led by Mrs. Aimeya Okpebholo, to discuss ongoing collaboration under the Business Environment Enhancement Program Accelerator (BEEPA), a focused 90 day initiative running from January 26 to April 26. She reiterated PEBEC’s steadfast commitment to transforming Nigeria’s business climate by strengthening regulatory efficiency across Ministries, Departments, and Agencies (MDAs). Pointing out that BEEPA brings together selected MDAs in functional clusters to deliver measurable, client focused improvements in service delivery.
She said BEEPA was specifically designed to ensure that regulatory compliance “moves beyond paper” to produce real, practical improvements at service points for both businesses and citizens. According to her, the aim of clustering agencies, clarifying institutional roles, and applying evidence based validation, was to reduce friction, accelerate service processes, and deepen transparency across government operations.
The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, expressed appreciation for the visit and played out the Commission’ role strengthening the insurance industry and align with BEEPA’s objectives
Mr. Omosehin also briefed the delegation on several ongoing reforms at NAICOM designed to strengthen the Commission’s service delivery in alignment with BEEPA’s objectives. He noted that the ongoing reforms reflect NAICOM’s commitment to regulatory excellence, operational efficiency, and stakeholder-focused service improvement.
The two bodies at the end of the meeting had several takeaways:
• Fast-track operational improvements that translate laws and policies into efficient and transparent government services.
• Eliminate overlapping regulatory functions through effective cluster coordination and Memoranda of Understanding (MoUs).
• Promote service discipline and enhance transparency by implementing end-to-end process visibility, evidence-based validation, and a public live tracking system.
