Despite the security problem facing the country, the Nigerian
Investment Promotion Commission, NIPC has said the nation’s economy still
thrives after all. The Executive Secretary of the Commission, Mrs. Saratu Umar
who stated this in a keynote address entitled: Translating Nigeria’s Foreign
Direct Investment, FDI Benefits into a reality, at the Nigerian Economic Summit
Group, NESG in Abuja said the country’s economy has shown a strong resilience
in spite of the security concerns while stressing that the NIPC is reviewing
the Pioneer Incentives currently being granted to investors to cover only
critical activities. She assured that NIPC is ever poised and positioned to
give a hand-holding support to investors (both local and foreign) that have
decided to make the country their preferred investment destination, adding that
the Commission is putting various strategies in place to make it more
pro-active to investors’ needs and demands. She explained that NIPC is a
private sector company within the Government as such, it has a big role to play
in the economic growth and advancement of Nigeria. She said: NIPC is one of the
strong vehicles to drive investment into the economy and it is being
re-engineered for better service delivery.
Vanguard Newspaper
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