Review Our Act Now For Effective Investment Drive -NIPC

By Lazarus Zakaa, Abuja

The Nigerian Government is working towards reviewing its investment act for effective and robust performance of the agency in charge of investment drive, the Nigerian Investment Promotion Commission, NIPC.

The NIPC Executive Secretary, Yewande Sadiku, who disclosed this in Abuja said when the act is finally amended, Nigeria will not only be one of the greatest investment destinations in Africa but the world at large.

She noted that the NIPC is Working seriously on profiling Nigeria’s investments as well as giving it visibility to actual opportunity to attract both domestic and foreign investors.

The NIPC boss also pointed out that most Investment agreement entered in the past was detrimental and parasitic to Nigeria as such there was need for a further renegotiation of terms to be favourable to the country.

Nigeria is one among twenty countries in Africa with an online investors’ guide.