NIPC woos diplomats to boost national investment

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Nigerian Investment Promotion Commission has commenced the development of a well- coordinated investment promotion ecosystem Act, to enable government and non-government investment promotion players to undertake mutually reinforcing and complementary roles to attract, retain and grow investment in Nigeria.

“We also acknowledge that diplomats and international development partners have successfully channelled the views of investors about the investment climate of our great country by working in tandem, to meet mutually beneficial goals especially through their support in policy advocacy. All of these remind us that investment promotion rests on good teamwork between the National Invest Promotion Agency , the embassies/diplomatic missions, and other stakeholders to ensure a win-win situation.

The NIPC boss added that the engagement which would result in well-coordinated investment was critical to promoting economic growth, creating jobs, and generating wealth for Nigerians as well as facilitating development. She added that the assignment was made compelling to set the nation on the path of sustainable progression towards becoming a more prosperous nation.

Umar said, “Indeed, a compelling investment haven, with opportunities that are too numerous to count. The fact that these opportunities are yet to be fully harnessed, presents astounding opportunity for investment, and this brings on the role of investment promotion to attract Foreign Direct Investment and mobilise Local Direct Investment for mutual benefits to both the investor and their home countries on one side as well as to Nigeria, on the other.

“The global FDI market over the last decade has become very competitive and versatile where the investment promotion thrust of successful jurisdictions with the largest global market share of FDI inflows are driven by effective, efficient and performance driven Investment Promotion Agencies.”All rights reserved.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Umar: With Fierce Global Competition for FDIs, NIPC Will Attract Fair Market Share – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Commission engages stakeholders to better national investmentThe Nigerian Investment Promotion Commission has begun the development of a well-coordinated investment promotion ecosystem Act.
Source: MobilePunch - 🏆 8. / 63 Read more »

Commonwealth: Transparent Elections Will Improve Investment Inflow to Nigeria – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »