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NIPC Posts $8.41bn As 2021 First Quarter Investment Announcement

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The Nigerian Investment Promotion Commission, NIPC, says investment announcement for the first quarter of 2021 stands at 8.41billion United States dollars. NIPC Executive Secretary, Yewande Sadiku disclosed this at the Commission’s quarterly engagement with members of Commerce and Industry Correspondents Association of Nigeria, CICAN, in Abuja. She said investment announcements are not actual investment but an aggregate of investors interest in Nigeria that helps to translate announcements to real investment. Some strategic management staff also took turns to give insight to achievements recorded by the commission in its investment drive. The Investment Commission however, emphasised that the job of attracting investments to Nigeria is a collective responsibility of all stakeholders whether public or private.

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