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NIPC Meets Diplomats Over Foreign Direct Investment

Channels Television  
Updated November 27, 2014

InvestmentThe Nigerian Investment Promotion Commission says the current security challenge in the country would not affect the drive of the commission to attract more investors into the country.

The Executive Secretary of the Commission, Ms Saratu Umar, disclosed this in Abuja during an interactive session with members of the diplomatic community.

She said that rather than witnessing decline in the level of investments coming into the country, statistics have shown that for the second year running, Nigeria still remained the preferred investment destination in the continent of Africa.

She said that the commission would work with the diplomatic community to attract fresh investments into the country in key sectors of the economy.

This, according to her, would help promote enterprise, reduce unemployment and improve the well being of Nigeria in the face of declining oil prices.

The Nigerian Investment Promotion Commission is a Federal Government Agency in Nigeria, established to encourage, promote, and coordinate investments in Nigeria.

The Agency provides services for the grant of business entry permits, licenses, authorizations and incentives in a One-Stop-Shop environment. The services are provided in a co-ordinated, streamlined, efficient and transparent manner to meet the needs of investors.