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McDons Hotel Boss, Akweke, Lauds Tinubu On PEAC/PFIPC Inauguration 

by Newscoven
July 5, 2025
in Business
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McDons Hotel Boss, Akweke, Lauds Tinubu On PEAC/PFIPC Inauguration

Dr Modestus Akweke

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Chairman/CEO, McDons Skye Hotel, Owerri, Dr Modestus Akweke, has lauded President Bola Tinubu on the inauguration of the Presidential Economic Advisory Council and Presidential Foreign Intervention Promotion Council (PEAC/PFIPC).

PEAC/PFIPC is a non-statutory body established to provide the president with advice on economic policy.

Akweke stated in a statement: “This is the kind of an independent council composed of prominent economists and technical experts from various sectors needed to revive our economy and helps in attracting foreign investors into our country.

“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, with the aim of meeting with various investors and woos them with government policies to Nigeria.”

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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 be yielding positive results on global and domestic economic developments in Nigeria in due course.

“With the participation of the PEAC/PFIPC at FHS Africa, that was a true reflection that the council is more focused 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.

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

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