According to the Nigerian Investment Promotion Council, initiatives are being made to make Nigeria a popular place to invest.
This was said at the stakeholder engagements conducted in Abuja by Saratu Umar, the NIPC’s Executive Secretary.
She said that in order to intensify Nigeria’s investment promotion push, the NIPC was also planning to boost national attractiveness and brand initiatives at the national and sub-national levels.
She added that the coordination of investment promotion activities between the National IPA, NIPC, and sub-national IPAs for the effective implementation of investment promotion activities was largely absent.
She claimed that the lack of a coordination and monitoring mechanism had left the investing community largely for the most part in a state of confusion.
She also added that Nigeria has abundant natural resources with a potential that is unrivalled by any other country in the world, adding that this potential was yet to be fully harnessed.