NIPC Seeks Partnership With States On Investment Inflow | Independent Newspapers Limited
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NIPC Seeks Partnership With States On Investment Inflow

Posted: Aug 1, 2015 at 1:14 am   /   by   /   comments (0)

By Chibuzor Emejor – Abuja


The Executive Secretary, Nigerian Investment Promotion Commission (NIPC),  Uju Hassan Baba, has called on State Governors to make easy access to land for investors who want to set up their businesses, describing acquisition of land as part of hindrances militating against the free inflow of investment in the country.

Uju Hassan Baba

Uju Hassan Baba

Hassan Baba made the call in Kogi State when she visited the Governor of Kogi State, Captain Idris Wada at Government House Lokoja, in furtherance of her desire to create a synergy between the States of the Federation and the Commission in order to promote investments.

Hassan Baba noted that investment potentials are domiciled in the states and most investors who have indicated interest to invest in one sector or the other find it impossible to acquire land on time after meeting all other obligations to set up their businesses, stressing that “location of investment in the state will enhance the growth of the economy, create wealth and generate employment for the indigenes of the state”.

The NIPC boss further called on the Governor to advise investors coming to the State to pass through the Commission, as it is the agency of the Federal Government that has the legal framework on all investment related matters through registration of their enterprise, provision of adequate information, incentives and aftercare services.

She also enjoined the State Governor to work in collaboration with the Commission to promote the abundant investment opportunities in the State to the outside world in order to seek for genuine investors for match-making.

She urged the State Governor to leverage on the Commission in setting up their State One Stop Investment Centre, as the Commission has the expertise and technical know-how to administer such activity.

The Executive Secretary who was in the State to witness the signing of Memorandum of Understanding (MoU) between the State and Capegate Bio-Energy Company and Coza International to build a 30, 000 hectares Comprehensive Farm and Downstream Industrial Park commended the State Government for attracting the investors into the State, promising of the Commission’s readiness to render all necessary support for the smooth take-off of the project.

In his response, the State Governor, Captain Idris Wada promised of the State Government readiness to work in collaboration with the Commission, describing the NIPC as a senior partner in promoting and attracting investments into the states.

He commended the Executive Secretary for coming to the State to personally witness the signing of the MoU,  as her presence will spur other investors to come to the state, while urging her to consider the State in all her investment drive, adding “Kogi State has abundant solid mineral resources that are yet untapped.


and endowed with huge agricultural potentials