Borno, NIPC Partner on investments as Zulum plans to establish new promotion agency
Borno, NIPC partner on investments as Zulum plans to establish new promotion agency
Governor of Babagana Umara Zulum of Borno State Wednesday visited the headquarters of the Nigerian Investment Promotion Commission (NIPC)in Abuja to tie partnerships in order to attract investment opportunities to the State.
Zulum explained that Borno’s geographical location bordering three countries have placed the State at very high investment competitiveness index which provide market for products easily.
The Governor added that attracting more investors entails generating employment opportunities to the teeming youth devastated by the over decade long insurgency.
Zulum said the State Government has invested heavily on vocational skills training in different trades which produces enough local manpower that investors can explore.
Meanwhile, Governor Zulum has announced his administration’s decision to establish a Sustainable Investment Promotion Agency in Borno.
The agency Zulum said, will have a core mandate of achieving his administration’s drive to restore state’s investment potentials in different sectors, particularly agriculture and mining.
Responding, the Executive Secretary of the Commission, Ms. Yewande Sadiku has assured the Governor of the commission’s commitment to support Borno.
Ms. Yewande Sadiku also disclosed that the National Investment Promotion Commission will consider Borno State as one of their key investment destination.
She added that the commission will support Borno to set up the Sustainable Investment Promotion Agency by providing the necessary guide in the establishment of all the layers needed.
The guide will come through the commission’s initiated programme, Nigerian Investment Certification Programme for States (NICPS). This is a training programme that is aimed at enabling the Nigerian States be prepared for incoming investments by amassing all necessary information that investors may require in order to make an investment decision. Under the NIPCS programme, the commission will train the states on how best they can set up Sustainable Investment Promotion Agency.
