The Nigerian Investment Promotion Commission (NIPC) is prioritizing fintech, agri-tech, and renewable energy sectors as part of its plan to transform Nigeria into a leading hub for technology and innovation investments. This initiative, outlined by NIPC’s Executive Secretary and CEO, Aisha Rimi, aims to drive economic growth and attract international investments into the country.
In a recent media briefing in Abuja, Rimi explained that NIPC is committed to advancing these key sectors through initiatives that will encourage tech-based companies to establish operations in Nigeria. “We will advocate for incentives that appeal to these companies and help position Nigeria as a destination of choice for innovation-driven investments,” Rimi said.
Highlighting the global shift towards sustainability, Rimi also emphasized the Commission’s focus on promoting eco-friendly projects that align with Nigeria’s sustainable development goals. She stressed the importance of collaborating with investment bodies dedicated to sustainability to enhance Nigeria’s appeal to socially responsible investors.
Rimi further noted that the collaboration between NIPC’s initiatives, President Bola Tinubu’s 8-Point Agenda, and the Nigerian Investment Certification Programme for States would lay the foundation for sustainable economic growth. “Together, we can champion Nigeria’s investment narrative and foster a future characterized by innovation, partnership, and sustainable growth,” she added.
The NIPC CEO also shared updates on several capacity-building programs launched in partnership with international donor agencies. These programs aim to develop the skills of local entrepreneurs, equipping them to compete on both national and global levels and contributing to a more favorable investment climate. “These initiatives are aligned with President Tinubu’s administration’s commitment to human capital development as a key driver of national growth,” Rimi remarked.
NIPC’s efforts also involve strategic collaborations with Ministries, Departments, Agencies (MDAs), state governments, and international partners, including organizations like JETRO, JICA, UNDP, GIZ, and UNIDO. Rimi highlighted that these partnerships have been instrumental in enhancing the effectiveness of investment promotion activities by providing funding and technical support.
Rimi revealed that NIPC is adopting a more tailored approach to investment promotion, focusing on states with unique regional strengths. This strategy ensures that investments align with local capabilities, promoting economic development and supporting broader national goals of economic diversification.
Finally, Rimi emphasized the importance of creating a unified brand identity for Nigeria as a top investment destination. “With the media’s support, we can craft compelling narratives that highlight our successes, heritage, and the immense potential Nigeria offers to investors,” she said, underscoring the importance of positioning Nigeria as a global economic powerhouse.
