The Federal Executive Council after a marathon meeting presided over by President Bola Tinubu on Tuesday rolled out 21 major policy initiatives.
The President’s Adviser on Media and Publicity, Mr Bayo Onanuga, in a post on his X handle, formerly Twitter, listed the initiatives as a 48-hour visa policy, cancelling of airport toll payment exemption for very important persons and ban on sand dredging 10 kilometres from all federal bridges throughout the country among others.
The FEC meeting, which started on Monday was concluded on Tuesday in what experts have described as unprecedented in the history of the council.
After exhaustive deliberations, the council approved several policies and projects that would further boost the economy, facilitate investments and promote the ease of doing business in the country.
While briefing newsmen on Tuesday after the FEC meeting at Aso Rock Villa Abuja , the Minister of Information and National Orientation, Mohammed Idris, said the Federal Government was reviewing its visa regime to enable persons who wish to invest in Nigeria to obtain a visa within 48 hours.
Idris stated that the visa policy was one of the several resolutions of FEC, adding that it was aimed at encouraging investors and tourists.
According to him, the visa policy review is necessary to foster ease of doing business on Nigerian soil.