Monday, 25 August 2014

Nigeria’s economy strong amidst security concerns — NIPC




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

No comments:

Post a Comment