NIPC, PHCCIMA Partner to Woo Foreign Investors

The Nigerian Investment Promotion Commission, NIPC, has expressed its readiness to partner the Port Harcourt Chamber of Commerce, Industry, Mines & Agriculture, PHCCIMA, to woo foreign investors with viable investments into Nigeria.

The NIPC said it will facilitate submission of viable and bankable project profiles of PHCCIMA members for matchmaking with foreign investors.

To this end, the Commission has requested for database of credible businesses in Rivers State to ensure they benefit from its support and incentives.

The Commission made the promise when the President of PHCCIMA, Emi Membere-Otaji led a business delegation to the NIPC in Abuja recently, as part of the Chamber’s efforts to open new vistas and frontiers that will help realise set objectives and meet the needs and aspirations of its membership.

Speaking during the visit, Membere-Otaji said that the visit to NIPC by the PHCCIMA business delegation was in response to the call for diversification of the Nigeria’s economy following the current economic depression, occasioned by the sudden collapse of oil revenue. He said the plummeting oil prices was affecting not just PHCCIMA members but others doing business in Nigeria’s oil and gas sector.

He said: “The PHCCIMA has come to identify with the clarion call for diversification, hence we are here seeking collaborations with NIPC on how to harness opportunities to diversify members businesses and uplift them to the next level of increased business activity and volume.”