The Nigerian Investment Promotion Commission (NIPC) acting Chief Executive, Mr Emeka Offor has challenged African CEOs participating in the prestigious Global Chief Executive – Africa (GCEO-A) program to build capacity within Africa to meet the demand of the continent’s teeming population.
He made this known last Friday during a panel session themed AfCFTA: Opportunities and Challenges for the African Chief Executive.
Mr Offor who was represented by NIPC’s Head of Research and Statistics, Mr Oladipupo Baruwa posited that there was a need to shed the pessimism and fear nursed about the challenges in Africa. “It is where the risks and when you are well informed about the position or what is happening in that environment that you can see the opportunities and actually make the most profit,” he said.
Speaking on the services offered by the agency, he stated that NIPC was established to encourage, promote and coordinate investments in Nigeria, assist investors in navigating challenges in investing in Nigeria, and connect prospective foreign investors with domestic partners, amongst others.
He further affirmed that on the AfCFTA, Nigeria is most ready than most African economies due to its large market, expanded market for Nigerian goods and effective trade remedies.
Other panellists at the session were Mr Francis Anatogu, Senior Special Assistant to the President on the Public Sector, and Secretary of Nigeria’s National Action Committee on Implementation of AfCFTA, and Dr Chinyere Almona, Director General/CEO, of Lagos Chamber of Commerce, and Industry.
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