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NIPC partners with council to attract foreign investments

20 August 2015, 18:56

Abuja - The Nigerian Investment Promotion Commission (NIPC) says it will partner the Nigeria Investment Council in the U.S. to attract investment into the country.

This is contained in a statement signed by Mr Joel Attah, Head Media and Protocol of the commission, in Abuja on Thursday.

NIPC Executive Director Uju Baba pledged the partnership when she received the members of the council in her office.

"The recent visit of President Muhammadu Buhari to the U.S. has begun to yield dividend as members of the council are partnering with the commission to attract investment into the country.

"The council has already discussed with major investors in agriculture, mining, manufacturing, infrastructure and energy sectors,’’ it quoted Baba as saying.

She said the commission would ensure that investors who have shown interest to invest in Nigeria were provided with adequate information and given hand-holding support to actualise their investment.

Also read: Investment flows down by a third in first quarter

Baba commended the delegation for their efforts in promoting the abundant investment opportunities in the country to investors in the U.S.

According to her, the main focus of the commission is to identify and meet targeted investors who are committed and desirous to invest in the country as well as promote priority sectors.

She said that the president’s visit to the U.S. opened windows of opportunities to potential and prospective investors for their presence to be felt in the country.

"The country is now on the right tract to economic recovery and advancement,’’ Baba noted.

The leader of delegation, Dr Chris Nwanoro, said that the council engaged top U.S. companies, seeking expansion of their businesses to Africa to consider Nigeria as the most preferred investment destination.

"We have identified some investors who have now indicated interest to invest in Nigeria,’’ Nwanoro said.

He expressed the council’s readiness to partner with the commission to ensure that massive investments were attracted from the U.S. to Nigeria. 




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