NIPC Shines as UNGA Showcases Nigeria’s Investment Potential

By September 22, 2023 NIPC News

The 78th United Nations General Assembly (UNGA) saw Nigeria’s investment landscape take centre stage, thanks to the active participation of President Bola Ahmed Tinubu who led the Nigerian delegation on his inaugural official visit to the United States. This visit provided the perfect backdrop for the Commission to showcase its mandate and foster stronger economic ties between Nigeria and the United States.

The Commission’s role in this remarkable event was key, as it worked closely with partners such as the American Business Council Nigeria, the United States Chamber of Commerce, the National Association of Securities Dealers Automatic Quotation System (NASDAQ), and the Nigerian Exchange Group (NGX). Together a groundbreaking event was organised at the National Association of Securities Dealers Automated Quotations Stock Market (NASDAQ) headquarters.

The event commenced with the ringing of the closing bell at NASDAQ, symbolising the significance of this occasion. Subsequently, a roundtable discussion unfolded, bringing together distinguished representatives from both the public and private sectors of the United States and Nigeria. Scott Eisner, President of the U.S.-Africa Business Center at the U.S. Chamber of Commerce, underlined the enduring importance of Nigeria as a key trading partner for the United States.

The Nigerian delegation included key economic ministers such as Dr. Doris Uzoka-Anite, Minister of Industry, Trade, and Investment; Mr. Wale Edun, Minister of Finance and Coordinating Minister of Economy; and Dr. Muhammed Ali Pate, Minister of Health and Social Welfare. Their presence highlighted the government’s commitment to fostering an attractive investment climate in Nigeria.

Dr. Doris Uzoka-Anite organised a High-Level Reception immediately after the Business Dialogue Roundtable. This event allowed American and Nigerian investors to network, exchange ideas, and explore potential collaborations, further solidifying the NIPC’s role as a catalyst for economic growth.

The NIPC’s presence at the event underscored its vital role in promoting and facilitating investment opportunities in Nigeria. Acting Executive Secretary/CEO of NIPC, Hajja Gana Wakil, actively engaged in the Business Dialogue Roundtable meeting, embodying the NIPC’s mission to connect American and Nigerian investors and create an environment conducive to business growth.

NIPC’s participation in UNGA has surely put a spotlight on Nigeria’s investment potential. Its active involvement in organising and facilitating discussions demonstrates its commitment to attracting foreign investments and fostering economic growth in Nigeria. As President Tinubu’s visit marked a new chapter in Nigerian-American relations, the Commission stands ready to bridge the gap between investors from both nations, offering the promise of a brighter economic future for Nigeria.