NIPC hosts in­vest­ment fo­rum in Pak­istan

Daily Trust - - NEWS - By Sun­day Michael Ogwu

The Nige­rian In­vest­ment Pro­mo­tion Com­mis­sion (NIPC) is plan­ning to host Busi­ness and In­vest­ment Fo­rum (BIF) in Pak­istan as part of the joint part­ner­ship be­tween both coun­tries.

The Act­ing Ex­ec­u­tive Sec­re­tary of NIPC, Mal­lam Abubakar Has­san Sadiq, dis­closed this when he played host to the Pak­istan Min­is­ter of Petroleum and Nat­u­ral Re­sources, Mr. Shaid Khaqan Ab­basi, in Abuja Sadiq said: “The NIPC is to col­lab­o­rate with the Pak­istan Govern­ment through the Pak­istan Min­is­ter of Petroleum and Nat­u­ral Re­sources to at­tract For­eign Di­rect In­vest­ment (FDI) into the Nige­rian econ­omy

“The role of the Com­mis­sion is to ad­vance the econ­omy of the coun­try through the at­trac­tion of For­eign Di­rect In­vest­ment, and we are ready to work with the Govern­ment of Pak­istan in­clud­ing their Busi­ness­men to in­vest in the Nige­rian econ­omy as the pre­ferred in­vest­ment des­ti­na­tion in Africa.”

He noted that both Nigeria and Pak­istan have en­joyed very ro­bust eco­nomic and bi­lat­eral re­la­tion­ships for a very long time, say­ing the Com­mis­sion will work as­sid­u­ously to en­sure that the re­la­tion­ship is strength­ened.

Ear­lier, Ab­basi said: “I am here to strengthen our Joint Com­mis­sion and en­sure that we in­vest in the Nige­rian econ­omy.”

The min­is­ter called for closer work­ing re­la­tion­ship be­tween the Pak­istan busi­ness­men and NIPC in or­der to ad­vance the economies of both coun­tries, com­mend­ing the Com­mis­sion for its plan to host a Busi­ness and In­vest­ment Fo­rum soon in Pak­istan.

The Pak­istan team ex­pressed readi­ness to in­vest in many sec­tors of the Nige­rian econ­omy, par­tic­u­larly in oil, gas, agri­cul­ture and health.

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