Investor Presentaiton
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friendly environment and favourable policies to support it, provision of
incentive packages to stimulate investments etc.
ASSOCIATED BEST FOODS: In response to our letter to the above
company on ways and suggestions to improve the investing environment,
the management had scheduled a meeting with us tentatively after the
Christmas break to discuss issues that border on their operations. We
shall elaborate on this in our subsequent reports.
A. B. CHAMI NIG. LTD.: Similar letter was written to A. B. CHAMI
NIG. LTD (manufacturers of beauty products) on her candid views of
ways and suggestions of improving the investment climate.
WORKSHOPS ON MARKET FIRES
During the reporting period, the Commission served as Secretariat to the
Technical Committee on Market Fires Workshop. The Committee was a product
of the meeting of the stakeholders on market fires, which was convened by the
NIPC on 15th January 2004. The Committee organized two workshops and
campaigns in Abuja and Lagos on July 22/23 and July 29/30 respectively.
The essence was to sensitize the traders of the negative impact of fire disaster in
terms of the colossal loss of property and investments as well as what is required
to ameliorate future occurrence. Markets accounts for a sizeable percentage of
investments in the country as they provide employment and serve as the engine
of growth for the nation's economy. It was against this background that NIPC
made efforts to reduce or minimize the menace.
HONORARY INTERNATIONAL INVESTORS COUNCIL (HIIC)
Mr. President set up the International Investors Council in the year 2004, to
advice on investment in Nigeria. Members were mostly international policy and
business players who have excelled in their chosen fields. These are people that
are in positions to authorize or influence the investment decisions of their
companies and as well as play significant role in persuading their governments
to invest in Nigeria. Baroness Lynda Chalker former Member of Parliament for
Wallasey is the coordinator.
Membership is also largely drawn from the Nigerian private sector. Public sector
include the Economic Team Members, the Executive Secretary/Chief Executive
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