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Investor Presentaiton

2.0 INTRODUCTION Corporate Annual Reports are expressions designed as part of accountability and transparency in the conduct of the corporate activities of organizations. This is even more compelling when it involves a public sector agency. With fierce competition for FDI, increasingly countries worldwide are becoming more proactive and creative in their investment promotion strategies. The NIPC has positioned itself as an effective and successful Investment Promotion Agency (IPA). Benchmarking itself among the best in Africa and beyond The Commission has been innovative in rendering superior investment facilitation and aftercare services so as to maintain a competitive edge and acquire a larger share of the global flow of FDI to Nigeria. The strategy employed by the Commission which found expression in the 3-year strategic plan and capacity building programmes brought about positive attitudinal changes on the part of management and the staff of the Commission. Investment promotion and facilitation are critical to economic growth of any nation because of their contributions in the creation of an enabling environment for FDI. It has been established that FDI contributes to GDP and GNP, helps in employment generation and human capital development, promotes economic stability, import substitution industrialization, acquisition of modern technology, sustainable growth and development, and improves the credit worthiness of countries with friendly investment climates. These conform to the goals and objectives of the Seven point Agenda and the vision 20-2020. The current global economic meltdown/crisis provides Nigeria with an opportunity to offer itself as good alternative destination for FDI given her profile as the most profitable, liberalized and safest economy in Africa, as recently confirmed by Merrill Lynch, one of the world's leading financial and advisory company, to the effect that Nigeria is the least risky economy in the World. 9
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