Investment
NICPS births in Enugu State, as NIPC promises to give full support
To enhance the investment climate of States for economic growth, the Nigerian Investment Promotion Commission (NIPC) has launched its Investment Certification Programme for States (NICPS) in Enugu State.
To implement the NICPS of which Enugu State is one of the beneficiaries, NIPC is partnering with the United Nations Development Programme (UNDP), under its Integrated National Financing Framework (INFF) Phase II project, with the support of the European Union (EU)
“The NICPS is designed to empower states to attract and manage investments efficiently,” said Ms. Aisha Rimi, Executive Secretary/CEO of NIPC, at the inauguration ceremony.
“Enugu State, with its rich natural resources and vibrant economic potential, stands to gain significantly from this initiative.”
The event which took place at the Enugu government house had the Deputy Governor Barrister Ifeanyi Ossai and the state executive council in attendance. The Deputy Governor who represented the Governor, emphasised the state’s commitment to creating a business-friendly environment, saying, “We aim to build a private sector-driven economy.”
The NICPS target is to provide accurate investment information, facilitate necessary infrastructure, and professionally packag the information to attract investors. The program is also aimed at boosting investment inflows, creating jobs, and increasing the state’s revenue.
The state government was acknowledge for its initiatives that align with the objectives of NICPS, including rehabilitating industries and establishing industrial parks.
The Enugu Geographic Information Service (ENGIS) was also highlighted for its role in streamlining land titling processes.
Ms. Rimi praised the state government for these strategic initiatives, thanked them for their hospitality and looked forward to continued collaboration.
This launch follows similar visits and workshops held in Ekiti and Gombe states, aimed at improving their investment climates.
The Nigerian Investment Promotion Commission (NIPC) is the apex agency of the Federal Government of Nigeria, established to encourage, promote, and coordinate all investments in Nigeria.
Investment
Obi Applauds Contributions of former running mate, Dhatti Baba-Ahmed to Education, Healthcare
The Presidential Candidate of the Labour Party in the 2023 General Election Peter Obi has praised his former Running Mate Baba-Ahmed’s transformative investments in Nigeria’s education and healthcare sectors.
He spoke on Saturday when he honored Sen. Yusuf Datti Baba-Ahmed’s investiture as the 3rd Chancellor and Chairman of the Board of Trustees of Baze University in Abuja
Obi commended Baba-Ahmed for his substantial contributions, including founding both Baze University in Abuja and Baba-Ahmed University in Kano, which have strengthened Nigeria’s educational framework and created new opportunities for young Nigerians.
“Datti’s commitment to building institutions that advance education and healthcare represents a monumental step in our journey toward national development,” Obi stated.
The event also marked Baze University’s 11th Convocation Ceremony, where degrees were conferred upon new graduates. Obi congratulated the graduating class, encouraging them to channel their skills and knowledge toward building a productive Nigeria.
Reflecting on the future, Obi reaffirmed his vision for a New Nigeria, emphasizing the need for leaders committed to sustainable progress and national growth.
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Investment
Peter Obi Donates N60 Million to Anambra Health, Education Sectors
***Reaffirms Vision for Development
In a demonstration of his commitment to fostering development in Nigeria’s health and education sectors, Peter Obi, the Labour Party’s presidential candidate in the 2023 elections, visited Anambra State on Thursday and donated N60 million to support local institutions.
During his visit to the University on the Niger (UNINIGER) in Umunya, Obi presented N50 million to the university’s Iyi-Enu campus, aiding its expansion and infrastructure goals.
He also visited the School of Nursing at Iyienu Mission Hospital in Ogidi, where he contributed an additional N10 million to support healthcare training.
In a statement shared on his X (formerly Twitter) account, Obi described his donations as essential investments rather than expenditures. “The financial support we give to health, education, and poverty reduction initiatives is not expenditure, but an investment in crucial areas that will propel our development,” he said.
Obi emphasized the urgent need for greater support in these sectors, pointing out that underfunding, lack of infrastructure, and a significant shortage of healthcare professionals have hindered progress. He noted that Nigeria currently fails to meet the World Health Organization’s recommended healthcare worker-to-population ratio, highlighting the importance of increasing healthcare training programs nationwide.
“The solution to this urgent shortage lies in investing more aggressively in the training of healthcare professionals nationwide,” he urged.
Obi expressed gratitude to the leadership, staff, and students of both institutions for their dedication to Nigeria’s health and education. “Our sacrificial investments today will form the foundation of tomorrow’s development strides,” he said, adding confidently, “I remain certain that a New Nigeria is Possible.”
Obi’s contributions reflect his vision for a resilient Nigeria, where investment in human capital builds a foundation for sustainable development and national progress.
Investment
Edun discusses Enhanced cooperation with Chinese delegation to boost investment opportunities
The Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun has played host to a high-level Chinese delegation led by Minister Counsellor Wang Yingzi, setting the stage to solidify Nigeria-China alliance.
A statement by the Director of information Muhammed manga described the cooperation as a landmark move to bolster economic ties and unlock new investment opportunities in the country
according to the statemen, the meeting focused on next month’s Forum on China-Africa Cooperation (FOCAC) and explored strengthening Nigeria-China relations.
Minister Counsellor Wang expressed China’s commitment to increasing investments in Nigeria and he pledged continued support from Chinese financial institutions.
Edun welcomed this partnership, highlighting the importance of Chinese investments in promoting economic growth, job creation, and poverty alleviation across the nation.
“This strategic engagement sets the stage for a stronger Nigeria-China alliance, fostering mutual economic benefits and cooperation.
“With a renewed commitment to cooperation, both nations are poised to harness the vast potential of their bilateral relations, driving prosperity and development for the benefit of their citizens.
“The Ministry looks forward to a fruitful outcome from the forthcoming Forum on China-Africa Cooperation (FOCAC) and a strengthened Nigeria-China alliance.
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