NIPC guarantees investment safety for foreign investors

THE Nigerian Investment Promotion Commission (NIPC) has assured foreign investors of the safety of their investments in the country.The Executive Secretary of the commission, Mustafa Bello, gave the assurance in Abuja on Thursday at a dinner party organised by the commission in honour of a Saudi businessman, Prince Al- Waleed Bin Abdul Aziz Al-Saud.Bello said that the Federal Government had put in place policies capable of building and enhancing investors' confidence in the country.He assured Al-Waleed,who had earlier indicated his interest to invest in the country, that the commission would make all necessary information about doing business in Nigeria available to him.'Mr President has pronounced the NIPC as the agency of government that will handle any issues of investments that are of interest to you.'And I can assure you that whatever you need in the private sector, we will be able to mobilise and make it available to you,'' Bello said.Also speaking, FCT Minister Bala Mohammed thanked the prince for his visit, saying that he came at a time the territory was being unbundled to investors in line with President Goodluck Jonathan's transformation agenda.In his remarks, business mogul Femi Otedola described Nigeria as one of the emerging markets in Africa and urged the prince to feel free to invest in the country.There were goodwill messages from the Emir of Kazaure and Chairman, Board of Katsina University, Alhaji Najib Adamu and businessman Aliko Dangote.Other goodwill messages came from the Securities and Exchange Commission, Foreign Affairs Minister Olugbenga Ashiru; Kano, Lagos, Niger and Kwara states as well as the Wife of the Vice President, Hajiya Amina Sambo.Earlier, Al-Waleed had indicated his interest to invest in the country's education and business sectors among others.The News Agency of Nigeria reports that the highlight of the occasion was the conferment of the award of Honorary Degree of Doctor of Letters (D.Letters.) on Al-Waleed.
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