NIPC seeks effective collaborations in investment ecosystem

Jennifer Inah

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The Nigerian Investment Promotion Commission, NIPC, says it will provide a clear strategy for the seamless collaboration and coordination of the Investment ecosystem.

The Executive Secretary of the NIPC, Saratu Umar said this during a stakeholder engagement meeting with the Diplomatic Community in Abuja,  Nigeria’s capital.

She urged all stakeholders in the Investment Promotion ecosystem to work in synergy with the commission to facilitate a National Investment Promotion Campaign under the National Investment Promotion Masterplan and the National Investment Coordination Framework being developed by the NIPC.

According to Umar, “We acknowledge that the international diplomatic and development community have successfully channel the views of investors about the investment climate of our great country by working in tandem with us to meet mutually beneficial goals especially through the support in policy advocacy.”

“We thank the diplomatic community for this mutually beneficial service to both the host country as well as their own home countries, investment rests on good team work between the national Investment Promotion Agencies, the embassies and diplomatic nation and other stakeholders to ensure a win win situation.”

The NIPC boss explained that the commission is developing a well coordinated Investment Promotion eco system to ensure that government investment promotion players undertake mutually complementary roles to attract, retain and grow investments in Nigeria.

“As NIPC strategizes to increase national attractiveness and branding to position Nigeria as a preferred destination of choice, strategies to deepen the investment promotion drive of Nigeria and the day to day problem solving are establish and incoming investors are being put in place.” Umar said.

She pointed out that NIPC recognises the role of the diplomatic community as critical stakeholders in investment promotion explaining that economic diplomacy is one of the pillars of the mandate undertaken by ambassadors in the host countries.

“Based on this mandate not only do diplomats assist in delivering market messages to target group or potential investments they also manage relationships and provide relevant information required for investors to make informed investment decisions.” Umar added.

 

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