Orientation Agency Partners Investment Commission

Orientation Agency Partners Investment Commission

The National Orientation Agency is to collaborate with the Nigeria Investment Promotion Council in mobilising foreign investors to boost the country's economy.

The Director-General of the agency, Alhaji Idi Farouk, said this when the Executive Secretary of commission, Alhaji Mustapha Bello, paid him a visit.
 
Farouk said the agency had since received the commission's assurances of effective collaboration toward actualising its programme of investor-mobilisation.

Mutual benefits

He said the two bodies would enjoy cordial relations and mutual benefits from the partnership.

 
“NOA had leveraged on an investment tour to China organised by NIPC to develop a programme for Local Government Chairmen in Nigeria . The chairmen also visited China to understudy the contributions of its Local Government system to national economic development, '' the orientation agency's director-general said.

Farouk said the agency had featured NIPC in its “Democracy At Work'' documentary series and that a special programme focused on investments would also be developed as part of the series.
 
Bello had solicited the agency's co-operation in mobilising foreign investors to Nigeria .

He said the commission had developed a Sector-Specific Investment Policy aimed at eliminating policy fluctuations, which had not worked in the best interest of the Nigerian economy.

“Both organisations have a lot in common, particularly in the areas of mobilisation. NIPC's objective is to work with NOA and other stakeholders in mobilising foreign investors for the nation. The policy when fully evolved as a national document, will assure foreign investors of stability of the economy and protection of their investments,'' Bello said.

He said that countries such as Malaysia had used such a policy to develop their economies.

“ Nigeria can attain enviable heights under the guidance of such a policy, while the prospect of becoming one of the 20 most-developed economies of the world by the year 2020 would be enhanced,” Bello said

NAN/Margaret/Yinka