GOOD NEWS: Nigeria Receives Over 100 Foreign Investors In Just 7 Months

The Executive Director, Nigerian Investment Promotion Commission (NIPC), Mrs Uju Baba, hasrevealed that more than 100 foreign investors had visited the country between June and December, 2015.Mrs. Baba, who disclosed this in an interview withthe News Agency of Nigeria in Abuja, said Nigeriais now one of the top investment destination in Africa.She admitted that the investment business was aslow at the moment, adding, "because we are going through post election period, government activities have slowed down to certain extent and that affects the investment climate."Many investors are coming on exploratory visit to find out what Nigeria can offer to them. So, from June to December 2015, we received more than 100 exploratory visits."She said that since the appointment of ministersby President Muhammadu Buhari, the country had received different set of investors with serious intentions."They are no more on exploratory visit, they are coming to the commission to facilitate meetings with the various sectors and ministries," Mrs Baba said.She said investors had confidence in Nigeria's investment climate despite challenges they may encounter.The director called on the investors to go throughthe commission for proper legal framework as the present administration is very serious with issues of rule of law and due process.

Comments

10 ISSUES RAISED BY SEN. BUKOLA SARAKI DURING WORLD PRESS CONFERENCE

POLICE SUE FOR SUPPORT OF PARENTS IN FIGHTING AGAINST CRIME

The Cross River State Police Command has expressed concern over the high rate of proliferation of arms and light weapons among young youths, with a call on parents to be vigilant about the activities of their wards both within and outside their immediate environment. The state Commissioner for Police, Hafiz Inuwa, made this known while speaking at the State CID in Calabar the Cross River State Capital while parading 17 young men with different kinds of arms and ammunition arrested by the police for ranging offences. He Emphasised that security is a collective responsibility and parents have a greater responsibility to this effect. Other items recovered by police included, plasma televisions, gadgets, locally made pistols, army jungle caps among other items. Some of the crimes they were arrested for included, armed robbery at the University of Calabar Staff quarters and different locations in the state, attempted kidnapping, unlawful possession of firearms and cultism...

UNILORIN PRODUCES 89 FIRST CLASS GRADUATES

Prof. AbduGaniyu Ambali, the Vice-Chancellor, University of Ilorin, said on Friday that the institution had produced a total of 89 first class graduates for the 2016/2017 academic session. The Vice-Chancellor made this disclosure in Ilorin on the occasion of a handover and valedictory press conference, which signaled the commencement of the 33rd convocation ceremonies of the university. In his address entitled: “You are great”, the VC said that the university was thriving academically, going by the quality and quantity of research works embarked upon by lecturers. He gave a breakdown of the graduating students thus: 89 First Class Division, 1,932 Second Class Upper Division and 3,727 Second Class Lower Division. The VC also said that 1,309 of them graduated with Third Class Division, 117 with ordinary pass while there were two aegrotat graduating students. While handing over to Pro...

9JATRAFFIC

Search This Blog