The Nigerian Investment Promotion Commission (NIPC) has described the Private Sector as its critical stakeholder in the advancement of the nation’s economy through the promotion and attraction of both Foreign Direct Investment (FDI and Local Direct Investment (LDI).
The Executive Secretary of the Commission, Mrs. Uju Aisha Baba Hassan who stated this on Tuesday when she received a team from Lakaji Development Alliance (LDA), a Private Sector arm of the United States Agency for International Development (USAID in her office.
The NIPC Chief Executive noted that the Private Sector plays pivotal role in the transformation of the nation’s economy, hence the Commission continue to interface with them to promote the abundance investment opportunities in the country and attract beneficial investments into the economy. “Private Sector participation in the nation’s eco0nmy is key to the NIPC activities”, she added.
She commended the Lakaji Development Alliance for the interest shown in investing in Lagos, Kano and Jibia axis of the country as through their activities at the corridor Small Scale business will be greatly enhance and promoted, stressing that the Commission will support and promote domestic investors to grow.
She also expressed the Commission’s readiness to partner with the Lakaji Group in all their projects along the Corridor they are investing in the country, adding that the Commission’s new Strategic framework is in tandem with the Economic Agenda of President Muhammadu Buhari’s administration which is “Taking Nigeria to a future beyond oil”.
Mrs. Uju Aisha Baba Hassan maintained that the Commission has been repositioned to deliver on its mandate of promoting and attracting investments into the nation’s economy, while promising her visitors to count on the Commission for support and provision of aftercare services.
Earlier, the leader of the delegation, Mr. EdemeKelikume who is also the Secretary of Lakaji Group briefed the NIPC Management on the status of projects along the corridors they are operating, which include their proposed Cold Chain and Logistic Summit which is expected to hold in October this year.
He invited the Commission to play an active role in their projects and also in their proposed Summit which is expected to attract both local and Foreign investors.