Economy and Politics: NIPC Partnering States to Boost Investment Promotion in Nigeria
This edition of the "Economy and Politics" show features Mr. Emeka Offor the Acting Executive Secretary/CEO of the Nigeria Investment Promotion Commission, NIPC as he speaks on "Investment Promotion and Economic Development in Nigeria".
According to him, the NIPC has made significant strides in its partnership with state governments to drive investment promotion in Nigeria, through the establishment of one-stop hubs for catalyzing investments.
He said the commission is guided by the 'RIBS' philosophy that encompasses "The 'RIBS' philosophy which encompasses "Responsible, Inclusive, Balanced and Sustainable" investments in its engagement with stakeholders.
Emeka Offor also added that despite the challenges of the COVID-19 pandemic, which led to the contraction of Foreign Direct Investment, inflows Nigeria witnessed a slight increase by 3%. This he believed can improve in 2021, as economic activities have resumed after the global lockdown.