• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, July 5, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria promotes policies to attract investments

Investment

The Matters Press by The Matters Press
March 28, 2022
Reading Time: 2 mins read
0
Edo unveils plans for investment desks

The Federal Government has remained committed to articulating policies that will attract responsible, inclusive, balanced and sustainable investments into the country.

RELATED POSTS

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dr Evelyn Ngige, said this while opening a meeting with stakeholders from the North, on the review of the draft on Nigeria Investment Policy, on Monday in Kano.

Represented by the Director, Investment Promotion Department in the ministry, Mrs Olukemi Arodudu, the permanent secretary said that the stakeholders meeting will also hold in Lagos and Enugu.

According to her, the engagenent is part of the proces of developing Nigeria’s first ever investment policy.

Ngige explained that until now, Nigeria’s investment regime, was governed by the enabling Acts of the Nigeria Investment Promotion Commission and other agencies of government.

“This has made it difficult for would-be investors to accurately determine what Nigeria’s Investment Policy actually is.

“It is a fact, however, that African countries that have clearly outlined investment policies attract more foreign direct investment.

“This is one of the reasons why the development of an investment policy for Nigeria has been part of the heartbeat of the industry, trade and investment sectors at the federal level for the last few years,” she said.

The permanent secretary said Nigeria had taken bold steps of reforming its International Investments Agreement between 2014 and 2016.

According to her, Nigeria also contributed immensely to the development of ECOWAS Common Investment Code and ECOWAS Common Investment Policy, which were negotiation of competition, investment and intellectual property rights policies.

In her remarks, Director Legal Services, Nigerian Investment Promotion Commission, Mrs Patience Okala, said the development of Nigeria investment policy was timely, as the country focuses on diversifying its economy.

“The development of this investment policy comes at an auspicious time when Nigeria is focussing on economic diversification and when state parties of the AFCFTA are actively negotiating the AFCFTA investment protocol,” she said.

She said inputs were obtained from several Ministries, Departments and Agencies in forming the document.

“I urge us to let us work together going forward and implement the policy when it is approved, to ensure a coordinated investment promotion and facilitation in Nigeria.

“As this, will ensure success of the implementation of the policy and the growth of the Nigerian economy,” Okala said.

Tags: Investment
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

July 5, 2025
Veritas Kapital’s total assets hit N21.4bn
Economy/Technology

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

July 4, 2025
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

July 3, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
Next Post
Trading in Nigerian stock market dips further N83bn

NGX: Market Capitalisation dips by N38bn

2020 Finance Bill prescribes tax incentives

FIRS urges tax payers to utilise new tax payment platform

Recommended Stories

Siemens’ transformers for Nigeria pass acceptance test

TCN receives new transformers in Akangba substation, Lagos

December 29, 2023
CPC advises customers with faulty HP computers

China makes solid progress in developing computing power

April 12, 2023
Chevron, NNPC secure $1.4bn for drilling project

Stakeholders anticipate rapid oil-led economic growth in 2024

January 3, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs
  • Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG
  • Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us