The Nigerian Investment Promotion Commission (NIPC) has launched its Investment Certification Programme for States (NICPS) in Enugu State to enhance its investment climate for economic growth.
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), to implement the Nigerian Investment Certification Programme for States (NICPS), of which Enugu State is one of the beneficiaries.
“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 focuses on providing accurate investment information, facilitating necessary infrastructure, and professionally packaging this information to attract investors. The program would also boost investment inflows, create jobs, and increase the state’s revenue.
Governor Peter Mbah’s administration has initiatives that align with these objectives, 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.