The Nigerian Investment Promotion Commission (NIPC) announced over the weekend that its strategic initiatives have significantly boosted the inflow of investments into the country.
Speaking at a media parley in Abuja, NIPC’s Executive Secretary, Ms. Aisha Rimi, stated, “Our collective efforts have not only been fruitful but have also set the stage for promising new initiatives that will further bolster our economy.”
“In today’s presentation, I will highlight the accomplishments and strategic efforts of the NIPC in attracting new investments and retaining those already within our borders.
I will also discuss the collaboration we have fostered with various stakeholders and outline our ambitious plans for the future,” she added.
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Ms. Rimi explained, “Over the past year, NIPC has made significant strides in improving the investment landscape in Nigeria.
We have implemented policy recommendations that create an environment conducive to both foreign and local investors, particularly in the areas of economic diversification and infrastructure development.
These efforts underscore our commitment to facilitating economic growth through private sector engagement.”
She further noted, “Our engagement with potential investors has included hosting investment forums and participating in international trade exhibitions, where Nigeria was showcased as a premier investment destination.
For instance, at the World Economic Forum in Davos, I had the distinct honor of representing Nigeria with a delegation led by Vice President Kashim Shettima.
This forum provided a platform for discussions with global CEOs, underscoring Nigeria’s rich investment potential.”
Ms. Rimi also highlighted the NIPC’s strategic partnerships with leading international organizations such as JETRO, JICA, UNDP, GIZ, and UNIDO.
“These collaborations have played a key role in providing technical support, funding, and access to international markets. By partnering with these esteemed organizations, we are able to tap into their expertise, resources, and global networks to enhance investment opportunities in Nigeria.”
Additionally, she revealed that the NIPC has fostered productive engagements with the Norwegian government to explore ways to strengthen economic ties with Nordic countries, particularly in sectors like telecommunications, oil and gas, and manufacturing.
The Executive Secretary emphasized that NIPC has been actively advocating for policies that create a welcoming environment for investors.
“Through dialogues with relevant MDAs and state governments, we have pushed for enhanced regulatory frameworks that support business operations, ensuring that investors can thrive in the Nigerian market.”
