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PEAC/PFIPC Is A Boost For Nigeria’s Economy – McDons Hotel Boss, Dr. Akweke

by ReportersAtLarge
July 5, 2025
in News
Reading Time: 1 min read
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Chairman CEO of McDons Skye Hotel Dr Modestus Chigo Akweke

Dr Modestus Chigo Akweke

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The Chairman/CEO of McDons Skye Hotel, Owerri, Dr. Modestus Chigo Akweke, has lauded President Bola Tinubu on the inauguration of the Presidential Economic Advisory Council (PEAC) and the Presidential Foreign Intervention Promotion Council (PFIPC), a non-statutory body established to provide the President with advice on economic policy.

Akweke said, “This is the kind of independent council composed of prominent economists and technical experts from various sectors needed to revive our economy and help in attracting foreign investors into our country.”

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I was impressed that the Director General, PEAC/PFIPC, Prince Adeniyi Adeyemi, led his formidable team to attend the Future Hospitality Summit Africa (FSH Africa) held in Cape Town, South Africa, recently to meet with various investors and woo them with government policies to Nigeria,” Akweke said.

He stated further that he has the assurance that the in-depth discussions the PEAC/PFIPC helmsman had with various investors at the forum will soon yield positive results on global and domestic economic developments in Nigeria in due course.

“The participation of the PEAC/PFIPC at FHS Africa was a true reflection of the council’s focus on attracting and facilitating foreign investment and partnerships in Nigeria’s hospitality sector. They have set the ball rolling and aim to create a supportive environment for foreign investors, ensuring they have the same rights and protections as local businesses in our country,” Akweke concluded.

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The Future Hospitality Summit Africa (FH Africa) has been the launchpad for hospitality investment in Africa, driving growth, connecting visionaries, and transforming the continent’s tourism and hospitality landscape.

Tags: McDons Skye HotelModestus Chigo AkwekePresidential Economic Advisory CouncilPresidential Foreign Intervention Promotion Council
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Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

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