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NIPC Commences Investment Promotion Ecosystem

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NIPC Commences Investment Promotion Ecosystem

By: Michael Mike

The Nigerian Investment Promotion Commission has commenced the development of a well-coordinated investment promotion ecosystem, as mandated by its establishment Act.

This is to ensure government and non-government investment promotion players are able to undertake mutually reinforcing and complementary roles to attract, retain and grow investment in Nigeria, according
to the Executive Secretary, NIPC, Hajiya Saratu Umar.

Umar said this became necessary as the Commission strategised to increase national attractiveness and branding, and to position Nigeria as a constant preferred investment destination of choice, adding that strategies to deepen the investment promotion drive of Nigeria and the day-to-day problem-solving for established and incoming investors were being put in place.

The NIPC Executive Secretary spoke during the NIPC’s Stakeholder Engagement Forum/Business Dinner with the Diplomatic Community in Abuja at the weekend.

She said NIPC recognises the role of the diplomatic community as critical stakeholders in investment promotion, considering the fact that economic diplomacy is one of the pillars of the mandate undertaken by diplomats in host countries.

Umar said: “Based on this mandate, not only do Diplomats assist in delivering marketing messages to target groups of potential investors, they also manage relationships and provide the relevant information required for investors to make informed investment decisions. This has equally aided reinvestment and retention of investors within the aftercare strategy.

“We thank the diplomatic community for this mutually beneficial service to both the host Country, in this case, Nigeria, as well as to their home countries. We also acknowledge that diplomats and international development partners have successfully channelled the views of investors about the investment climate of our great country by working in tandem, to meet mutually beneficial goals, especially through their support in policy advocacy.”

“All of these remind us that Investment promotion rests on good teamwork between the National Invest Promotion Agency (in this case NIPC), the embassies/diplomatic missions, and other stakeholders to ensure a win-win situation.”

She reiterated that Nigeria is a resource rich country with great potential, noting that the nation “is, indeed, a compelling investment haven, with opportunities too numerous to count.”

Umar said, “The fact that these opportunities are yet to be fully harnessed presents astounding opportunity for investment, and this brings on the role of investment promotion to attract Foreign Direct Investment (FDI) and mobilise Local Direct Investment (LDI) for mutual benefits to both the investor and their home countries on one side, as well as to Nigeria, on the other. 

“The global FDI market over the last decade has become very competitive and versatile where the investment promotion thrust of successful jurisdictions with the largest global market share of FDI inflows are driven by effective, efficient and performance driven Investment Promotion Agencies (IPAs).”

“With over 170 IPAs worldwide competing to channel FDI to their different countries, a compelling imperative is established that NIPC is positioned to ensure that Nigeria gets a fair share of this global market. The commencement of the Africa Continental Free Trade Area (AFCTA) also makes it imperative for Nigeria to enhance its investment promotion drive, in order to remain the constant preferred investment destination of choice,” she added.

The Executive Secretary hoped that the Forum would be the beginning of a call to action to ensure collective action for mutual benefits that would firmly place Nigeria and other countries on the path of sustainable prosperity for current and future generations.

Present at the business dinner were the Minister of State for Foreign Affairs, Amb. Zubairu Dada, Ambassadors and Heads of Missions to Nigeria, development partners, and representatives from MDAs.

NIPC Commences Investment Promotion Ecosystem

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One killed, another injured as gunmen invade Gari Village in Niger State

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One killed, another injured as gunmen invade Gari Village in Niger State

By: Zagazola Makama

Armed men have attacked Gari Village in Masamagu area of Niger State, killing one person and abducting another in a violent incident that occurred on Wednesday night.

Zagazola Makama gathered that the attack happened at about 9:30 p.m. on July 24, when six unidentified gunmen stormed the community and macheted a 55-year-old man, Umaru Zakiru, to death.

They also abducted one Hussaini Muhammed to an unknown destination, but the victim later escaped from captivity with a gunshot wound.

A tram of security forces responded promptly and evacuated both the deceased and the injured to the General Hospital in Kontagora for autopsy and medical treatment.

A manhunt has been launched to track down the assailants and bring them to justice.

One killed, another injured as gunmen invade Gari Village in Niger State

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Tinubu Assures Nigerians in Diaspora of Favourable Policies Towards Them

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Tinubu Assures Nigerians in Diaspora of Favourable Policies Towards Them

By: Michael Mike

President Bola Tinubu on Friday assured Nigerians in Diaspora of his administration’s determination to continue to provide the enabling environment and policies that will boost their active participation in the country’s governance.

Tinubu gave the assurance at the opening of the National Diaspora Day celebrations 2025 at the Banquet Hall, Presidential Villa, Abuja.

This year’s celebration is themed: “Optimizing formidable Diaspora Potentials for National Development and growth”.

The President, who was represented by the Secretary to the Government of the Federation, Senator George Akume, said: “We will continue to provide an enabling platform for effective policies for the Diaspora with the view to galvanizing your support for this administration and concretizing our democracy, optimizing your potentials and setting a good example for other African countries to emulate.

“Let me also state that we will look into the Challenges NiDCOM has enumerated with a view to ameliorating same so that we can harvest maximally the benefits of migration through the engagements with our Diaspora for national development and growth.”

He added that: “It is a great delight to address our over 20 million Nigerians in the diaspora on this auspicious occasion of the celebration of our National Diaspora Day 2025.”

“Only Nigerians both at home and abroad can develop Nigeria,” Tinubu stated.

The President highlighted the contributions of the diaspora, which include increasing remittances, pointing out that in 2024 alone, “Nigerians abroad sent home $20.9 billion through official channels—more than four times the value of the country’s foreign direct investment.

He said: “The Nigerians in the diaspora are also actively investing in our health care, agriculture, education, information, communication technology, housing and real estate, sports, transportation, oil and gas, and other sectors.

“This, I must say, is commendable and in our enlightened self-interest.”

The President stressed how highly the government rates the Nigerians in diaspora, saying “Our renewed hope for foreign policy recognises the diaspora as the fourth pillar for the agenda—namely democracy, demography, development, and diaspora.

In his goodwill message, the minister of Interior, Dr. Olubunmi Tunji-Ojo said:
“When you go to any part of the world, maybe in Asia, Africa, South America, you will see Nigerians excelling. Nigerians breaking barriers. Nigerians breaking ceilings. And Nigerians using ceilings as springboards to greatness.”

The Minister highlighted the economic potential of diaspora remittances—comparing Nigeria’s $21bn in 2024 remittances to $32.91bn in oil earnings and India’s $135.46bn diaspora inflows.

He said: “What does that tell you? It tells you that the power of economic emancipation, a lot of this resides within you, beyond your own imagination,” he said.

The minister also explained that the administration is laying the foundation for long-term national prosperity—even if short-term sacrifices are required.

“You cannot cure a tumor by virtue of a paracetamol. It is important that the Renewed Hope agenda of Mr. President came into being. And today, we can see the results. We can see the economic stability of this country,” he said.

Tunji-Ojo also spoke on the reforms in his ministry which include immigration and the protection of critical national infrastructure.

He therefore called on the diaspora community to trust in the country’s direction under President Tinubu’s leadership.

“Nigeria has never been ready for investment more than now. We are ready for investment.

“I assure you, under the leadership of this President, you will never regret your investment. Nigeria loves you. Nigeria cares about you. And this particular administration cares about you,” he said.

Earlier, in her remark, Chairman of the Nigerians in Diaspora Commission, Dr. Abike Dabiri-Erewa, said “The theme is apt to appreciate the efforts of both the government and the diaspora community in nation building and also to discuss how to make diaspora engagements better for national development.”

She emphasised the role of Nigerians in diaspora in the country’s development.

Dabiri-Erewa announced a proposed Diaspora Presidential Fellowship Programme. The initiative would allow professionals in the diaspora to take part in six-month sabbaticals in Nigeria, aimed at promoting knowledge transfer and innovation across sectors.

“It will strengthen their role in nation-building and serve as a knowledge-driven giveback to the fatherland,” she added.

Highlights of the event was the unveiling of a new Diaspora Home and Abroad Housing Platform, aimed at providing secure housing opportunities for diaspora Nigerians seeking to invest back home.

Tinubu Assures Nigerians in Diaspora of Favourable Policies Towards Them

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Nasarawa: Security operatives arrest six over kidnapping, rape and robbery in Doma

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Nasarawa: Security operatives arrest six over kidnapping, rape and robbery in Doma

By: Zagazola Makama

Security operatives in Nasarawa State have arrested six suspected members of a notorious armed robbery and kidnapping gang responsible for a series of violent crimes in Yelwa Ediya village, Doma Local Government Area.

The suspects, identified as Darda’u Shehu, Yunusa Malami Hashimu, Musa Abubakar, Ibrahim Musa, Mohammed Musa, and Jibrin Lafia, were apprehended during a coordinated raid based on actionable intelligence from a concerned resident.

During interrogation, the suspects reportedly confessed to their involvement in the kidnapping of a local councillor, Hon. Ari Muhammad, on May 26, 2025. They further disclosed that one of their members, Darda’u Shehu, raped the councillor’s wife, Talatu Ari, during the abduction and stole two mobile phones an Infinix Note 30 valued at ₦250,000 and a Tecno phone valued at ₦20,000.

The gang also confessed to mounting a roadblock along the Doma–Yelwa Road on July 19, where they attacked one Ibrahim Haruna and snatched his Bajaj motorcycle worth ₦970,000.

Recovered from the suspects were ₦100,000 in cash and one Bajaj motorcycle believed to have been taken from one of their victims.

The suspects also named their gang leaders as Bammi Alhaji Amme (alias Zomo) and one Lawali (surname unknown), who are currently on the run.

Efforts are ongoing to apprehend the remaining members of the gang and bring them to justice.
End

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