Executive Secretary, Nigerian Investment Promotion Commission, NIPC, Mrs. Uju Aisha Hassan-Baba has called on state governors to make easy access to land for investors who want to set up their businesses in the country.
Hassan-Baba described acquisition of land as part of hindrances militating against the free inflow of investment in the country.
The executive secretary made the call when she visited Kogi State governor, Captain Idris Wada at the Government House, Lokoja, on Wednesday, in furtherance of her desire to create a synergy between the state government and the commission in order to promote investments.
According to her, investment potentials are domiciled in the states and most investors who have indicated interest to invest in one sector or the other find it impossible to acquire land on time after meeting all other obligations to set up their businesses.
Hassan-Baba, according to a statement by the Assistant Director/Head, Media & Protocol in NIPC, Joel Attah, stressed that “location of investment in the state will enhance the growth of the economy, create wealth and generate employment for the indigenes of the state”.
The NIPC boss further called on the governor to advice investors coming to the state to pass through the commission, as it was the agency of the federal government that had the legal framework on all investment related matters through registration of their enterprise, provision of adequate information, incentives and aftercare services.
Hassan-Baba also enjoined the state governor to work in collaboration with the commission to promote the abundant investment opportunities in the state to the outside world in order to seek for genuine investors for match-making.
She urged the state governor to leverage on the commission in setting up their State One Stop Investment Centre, as the commission had the expertise and technical know-how to administer such activity.
The executive secretary, who was in the state to witness the signing of Memorandum of Understanding, MoU, between the state and Capegate Bio-Energy Company and Coza International to build a 30, 000 hectares Comprehensive Farm and Downstream Industrial Park, commended the state government for attracting the investors into the state, promising of the commission’s readiness to render all necessary support for the smooth take-off of the project.
In his response, Governor Wada promised the state government’s readiness to work in close collaboration with the commission, describing the NIPC as a senior partner in promoting and attracting investments into the states.
He commended the executive secretary for coming to the state to personally witness the signing of the MoU, as her presence would spur other investors to come to the state, while urging her to consider the state in all her investment drive.
The governor added “Kogi State has abundant solid mineral resources that are yet untapped and endowed with huge agricultural potentials”.