Investor Presentaiton
Africa Investment Forum in January 31st - February 2nd 2007 at Sheraton
Hotel, Abuja.
d) The Commission facilitated the meetings of Management of CNBC AFRICA
from South Africa (who had established its broadcasting station in Nigeria)
with the Management of NIPC and National Broadcasting Commission.
e) The Commission also participated in the E-Learning programme of the World
Bank Institute (WBI) in 2007 and was involved in the analysis conducted on
Food and Agricultural Trade in Africa. The objective of the analysis are:
a.
to share the importance of Food and Agricultural Trade for African
economies with the Department.
b. It is also meant to share the sources and direction of African Food and
Agricultural Trade
c. The extent of Intra-regional trade in Africa and
d. The sectoral composition of food and agricultural trade flows
The Importance:
e. Poverty levels are higher in rural areas
f. A large share of Sub-Saharan African population resides in rural areas
g. Rural households generally depend on agriculture
African Countries Import Foods more than Exports
h. There is a progressive growth in the imports of food into Africa at 11%
on the average
i. Nigeria is among the top importers of food and agriculture products in
Africa
5.10
REFORM/REPOSITIONING ACTIVITIES IN THE COMMISSION
The Nigerian Investment Promotion Commission had, in the last four years,
undertaken far reaching re-engineering in keeping with the reform
programme of the current Federal government.
In order to restore the Commission on the path of corporate effectiveness,
relevance and sustainable growth, the Executive Secretary, Engr. Mustafa Bello,
on assumption of office in November, 2003, embarked on a far reaching
restructuring, which has taken the Commission to its present enviable status as a
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