CEO CORPORATE ACTIVITIES
 

INVITATION TO ATTEND A BUSINESS FORUM ORGANISED FOR THE VISITING HIGH LEVEL BUSINESS DELEGATION FROM GUJARAT (INDIA)

 

The Nigerian Investment Promotion Commission (NIPC), wishes to inform you that a 16-man high level business delegation from Gujarat, India, will be visiting Nigeria from 21st-24 2010.  The Delegation will be led by Mr. Pankaj Kumar, IAS, Vice Chairman/CEO Gujarat Maritime Board, and will consist of government officials and prominent businessmen with the following interests:

 

·                    Oil and Gas,

·                    Ports,

·                    Specialty Health Care,

·                    Investment Promotion, etc.

·                    Free Zones

 

As part of the visit, they would like to have a business meeting with Nigerian businessmen to establish business contacts and to extend official invitation to Nigerian Investors, to participate in the Vibrant Gujarat 2011 (Global Investors Summit), scheduled for January 12th and 13th, 2011.

 

In the light of the above, the Commission, in collaboration with the High Commission of India in Nigeria, would be organizing a business forum for the Delegation and their Nigeria counterparts as follows:

 

     Date:      23rd August, 2010

        Time:       11.00 a.m

        Venue:      Ladi Kwali Conference Centre, Sheraton Hotel, Abuja.

 

Towards this end, the Commission is pleased to invite you to the Business Forum as scheduled above.

 

Please confirm your participation to the following to enable adequate arrangements:

 

Ahmed Manzo:         manzo@nipc.gov.ng;    manzous@yahoo.com  GSM 08033117237

Mohammed Z. A.      mzubairu@nipc.gov.ng;  zammyys@yahoo.co.uk GSM 08057757513

 

While we anticipate your attendance at the forum, please accept the assurances of the Executive Secretary’s highest regards.

 

 

 

Reuben I. Kifasi

Director, Investment Promotion

For: Executive Secretary/CEO

 

 NIGERIA AND PORTUGAL TO PROMOTE TRADE AND INVESTMENT 

Nigeria and Portugal have promised to work together to promote trade and investment of the two countries. The Executive Secretary of Nigerian Investment Promotion Commission (NIPC), Engr. Mustafa Bello and the Portuguese Ambassador to Nigeria Mr. Mr. Joan Cabral made the commitment when the later paid a courtesy visit to the Commission on Thursday May 19, 2010.

Engr. Bello told his visitor that Nigeria is an emerging market and is developing fast with its abundant investment opportunities, and enjoined him to be Nigeria's ambassador in his country by promoting the various investment opportunities that abound in the country.

 

He intimated him of the various reforms programmes put in place by the government since 1999 to reposition Nigeria and make it the preferred investment destination in Africa, pointing out that the reforms are already working as virtually all the sectors are performing optimally.

 

He briefed the Ambassador on the activities of the One Stop Investment Centre (OSIC) in the Commission. He said OSIC is an investment facilitation mechanism where relevant Government Agencies are brought to one location, coordinated and streamlined, to provide efficient and transparent services to investors. It shortens and simplifies administrative procedures for incorporation of companies,  issuance of business approvals, permits and lincenses, thereby removing bottlenecks faced by investors in establishing and running their businesses and, ultimately, reducing the cost of doing business in Nigeria.

The NIPC Chief Executive promised of the Commission's readiness to work with the Portugal Embassy to promote Nigeria's abundant investment opportunities to the Portuguese investors. He told the Ambassador that If we can work together and improve the volume of trade and investment of our two countries, then we would have made history.

 

Earlier, the Portuguese Ambassador to Nigeria, Mr. Joan Cabral said his visit to the Commission was an exploitatory one, and to formally introduce himself as the new Envoy. He noted with satisfaction the existing cordial working relationship between the Commission and his embassy, promising to strengthen the relationship during his tenure.

He recalled that Nigeria and Portugal over the years have maintained good trade and investment relations, stressing that there is the need for us to work together and increase the volume.

 

NIPC TO PARTNER WITH GENUINE INVESTORS

The Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Engr. Mustafa Bello has expressed the commitment of the Commission to partner with genuine investors that are ready to add value to the nation's economy through their investments.

 

Engr. Bello disclosed when he received a seven man investment delegation from Barcelona Spain in his office on Thursday, October 22, 2009. The Delegation was led by Mr. Raul Bosque Lioan, General Manager, QMT Global.

 

The NIPC Chief Executive, who briefed the delegation on the activities of the Commission, stated that NIPC would support any inflow of investment into the country, as We believe that any investor that comes to Nigeria is adding value to our economy, as employment will be generated for the citizens. He added that the Commission was reappraising the various incentives being implemented with a view to improving on them, in order to attract more investments.

 

He briefed the delegation on the activities of the One Stop Investment Centre (OSIC) in the Commission. He said OSIC was an investment facilitation mechanism where relevant Government Agencies are brought to one location, coordinated and streamlined, to provide efficient and transparent services to investors. It shortens and simplifies administrative procedures for incorporation of companies,  issuance of business approvals, permits and lincenses, thereby removing bottlenecks faced by investors in establishing and running their businesses and, ultimately, reducing the cost of doing business in Nigeria.

The NIPC Chief Executive also spoke on the reform programmes of the Federal Government since 1999 and noted with satisfaction, that Nigeria had been moving in a positive direction towards the transformation of the nation's economy. He disclosed that the various sectors of the economy that were comatose as at 1999, had been given a new lease of life and were  doing well, adding that, though we are not there yet, but the right steps are being taken to reposition the country in the various sectors.

 

Earlier in his introductory remarks, the Leader of the delegation, Mr. Raul Bosque Lioan, General Manager, QMT Global, stated that the Company is a business platform-Network with a mission to help companies in the Real Estate sector from Barcelona to internationalize their activities and to create synergies for value addition in Nigeria.

 

He disclosed that QMT had constructed over three million houses in the last 10 years in Spain, and had representations from over 100 companies in Spain, stressing that the Company's desires was to replicate same in Nigeria.

 

Promised that said they would be working closely with NIPC to bring more Spanish investors in real estate, steel maintenance, and all other sectors to Nigeria.