Would you like to receive notifications on latest updates of the following headlines?

FG Flags Off Investment Certification Programme For Enugu, Lauds Mbah’s Drive

POSTED ON June 1, 2024 •   Uncategorized      BY Abiodun Saheed Omodara •   VIEWS 127
Executive Secretary, NIPC, Aisha Rimi l Photo Credit:Punchng

The Nigerian Investment Promotion Commission (NIPC) has launched the Enugu State edition of the Nigerian Investment Certification Programme for States (NICPS), a programme designed to prime the states to attract both local and foreign investments.

This came on a day the Governor of Enugu State, Dr Peter Mbah, said the state was quick to grab the investment certification opportunity co-signed by the Federal Government and the United Nations Development Programme to boost the state’s attractiveness to investors.

Speaking during a working visit to the governor on the sidelines of the flag-off programme, the Executive Secretary of NIPC, Aisha Rimi, said the “NICPS aims to identify and promote the unique investment opportunities within each state, enhance the image of the states as attractive destinations for investment, strengthen federal and state cooperation on investment promotion, and improve the services provided to investors, ultimately boosting investment inflows, creating jobs, and increasing state revenues.”

She said the agency was quick to launch the programme in Enugu State given the vast investment opportunities in the state and the governor’s drive to harness them and also revive the state’s moribund assets.

“With its abundant natural resources, vibrant agricultural sector, and burgeoning industrial landscape, Enugu State stands to gain significantly from this programme.

“The State government’s efforts under your leadership, particularly in revitalising moribund industries, developing industrial parks, and improving infrastructure, align perfectly with the objectives of the NICPS.

“We are particularly encouraged by the governor’s commitment to projects such as the recent signing of an MoU with Pragmatic Palms Limited and the rehabilitation of the state’s moribund industries, including NigerGas Co. Ltd, Niger Steel Company Ltd, and Sunrise Flour Mills Ltd, amongst others. These initiatives are crucial for encouraging investment and economic growth.

“An important factor in attracting investment is the availability and clarity of land titling. The Enugu Geographic Information Service (ENGIS) created by the present state government plays a crucial role in this area.

“ENGIS ensures that investors can confidently acquire and develop land by streamlining the land titling processes and maintaining accurate records.

“So, as we launch the NICPS in Enugu State today, I am confident that the programme will significantly enhance the State’s ability to attract both foreign and domestic investments. The NICPS will also build capacity for State officials and promote industrial and economic growth,” she stated.

Responding, Governor Mbah, who was represented by the Deputy Governor, Barr. Ifeanyi Ossai reiterated the administration’s determination to transition the state from a civil-service state to a private sector-driven economy.

“When we sought to serve our people, we understood clearly that we must migrate them from a predominantly civil service state to a productive state that we must curate investment.

“So, we have to think outside the box on how we can drive investment that will create the economy that we want to leave behind for our people.

“Therefore, when your certification programme was introduced to us, we were quite excited because that was essentially going to irrigate the fertile ground we tried to provide for the investors.

“All of us here are marketing officers and investment officers for the state. Our appetite to have investors is insatiable. That is what we wake up every morning thinking of how to do.

“So, on behalf of a grateful state, we want to assure the NIPC that whatever is required of us as a government, we will leave no stone unturned until those last lines are met to open a floodgate of investments,” Mbah said.

Throwing more light on the programme, the CEO of the Enugu State Investment Development Authority, Dr Sam Ogbu-Nwobodo, said the state investment certification programme, when completed, would serve as a stamp of approval that the state is ready to receive and sustain investment.

“The certification gives NIPC the confidence that we are ready and it makes it easier for them to drive those investors to our state. And of course, it gives us an edge over the number of other competing entities, both states and nations.

“Investors will go where they are welcomed and the certification program will make us stand out in the crowd as one of the few places that you can say yes, they are ready, and then my investment is safe and I want to go there,” he explained.

RECOMMENDED FOR YOU
Rivers Varsity Suspends Four Students For Assault
BY Benedicta Bassey June 16, 2024 0

The Rivers State University, Nkpolu-Oroworukwo, Port Harcourt has suspended four of its students con...

RECOMMENDED FOR YOU
French Embassy Unveils Waste Management Project Worth €753,000 in Varsities
BY Benedicta Bassey June 14, 2024 0

The French Embassy, via the Cooperation and Cultural Department, has launched a plastic waste manage...

RECOMMENDED FOR YOU
ATBU Enhances Research Capacity For Lecturers
BY Benedicta Bassey June 14, 2024 0

The management of the Abubakar Tafawa Balewa University, Bauchi, has enhanced research capabilities...

RECOMMENDED FOR YOU
Russia Dismisses Claim of Recruiting Nigerian Students For Ukranian War
BY Benedicta Bassey June 13, 2024 0

The Russian Embassy in Nigeria has debunked the claims of recruiting African students, particularly...

RECOMMENDED FOR YOU
Soludo Warns Tinubu Against Accepting Unsustainable Minimum Wage
BY Benedicta Bassey June 13, 2024 0

Anambra State Governor Charles Soludo on Thursday warned President Bola Tinubu against approving &ld...

RECOMMENDED FOR YOU
Obi Cubana Lauds Burna Boy For Settling Patients' Hospital Bills
BY Ebiakuboere England June 12, 2024 0

Award-winning Nigerian music star Damini Ogulu, also known as Burna Boy, has been praised by million...

RECOMMENDED FOR YOU
U.S Don Laments Poor State of Education in Nigeria
BY Benedicta Bassey June 12, 2024 0

A Doctorate in Computer Science from the University of the District of Columbia, in Washington, Unit...

RECOMMENDED FOR YOU
UK Varsity Grants Expelled Nigerian Students Funding To Return Home
BY Benedicta Bassey June 12, 2024 0

Teesside University in the United Kingdom has on Wednesday announced a financial support to  Ni...

OUR CHANNELS:

OTHER ARTICLES ::

6th November, 2024
Economic Showdown: Atiku's Critique vs. Tinubu's Policies A Leadership Divide
BY ROCKETPARROT.com staff November 5, 2024 0

In a recent exchange highlighting the growing tensions in Nigeria's political landscape, former Vice...


Indianapolis Woman Dies in I-65 Accident Near Columbus After Return from Kentucky Event
BY ROCKETPARROT.com staff November 5, 2024 0

COLUMBUS, Ind. — A tragic accident claimed the life of Indianapolis resident Omotope G. Oyedir...


Adriano's Decline: From Football Glory to Favela Streets
BY ROCKETPARROT.com staff November 5, 2024 0

Health concerns arise as a recent video surfaces showing Adriano, the former Inter Milan and Brazil...


Proposed tax reform bills not against North, says Presidency
BY Abiodun Saheed Omodara November 5, 2024 0

The Presidency has said contrary to job loss fears and perceived marginalisation of the North, the t...


Kaduna approves N72,000 minimum wage
BY Abiodun Saheed Omodara November 5, 2024 0

The Kaduna State Governor, Uba Sani, has approved a new minimum wage of N72,000 for civil servants i...


Man Utd seal deal with Amorim as new manager — Report
BY Abiodun Saheed Omodara November 5, 2024 0

Manchester United has finalised an agreement with Sporting Lisbon to appoint 39-year-old Ruben Amori...


Nile Group collaborates with Ooni of Ife to manage his theaters
BY Ebiakuboere England November 5, 2024 0

His Imperial Majesty, the Ooni of Ife, and Nile Cinemas have inked a historic management contract fo...


Bruno Mars tops Spotify monthly listeners record
BY Ebiakuboere England November 5, 2024 0

Grammy-winning singer Bruno Mars has broken the previous record with 120,862,858 monthly Spotify lis...


South Africa to strip Chidimma Adetshina of ID documents
BY Ebiakuboere England November 5, 2024 0

Nigerian-South African Model Chidimma Adetshina faces the possibility of losing her national documen...


Senate confirms seven ministerial nominees
BY Benedicta Bassey November 5, 2024 0

The Senate has screened and confirmed seven ministerial nominees appointed by President Bola Ahmed T...


Menu