NIPC Partners UNDP To Unlock Ekiti’s Investment Potential

In a move poised to unlock Ekiti State’s vast economic potential, the Nigerian Investment Promotion Commission (NIPC) has partnered with the United Nations Development Programme (UNDP) to launch the Nigerian Investment Certification Programme for States (NICPS) in Ekiti State.

Speaking during the launch, the executive secretary/CEO of NIPC, Ms. Aisha Rimi, emphasised the Commission’s commitment to working alongside Ekiti State and the UNDP.

“We are delighted to partner with Ekiti and the UNDP on this crucial initiative,” she stated.

She said, NIPC was partnering with UNDP under its Integrated National Financing Framework (INFF) Phase II project, with the support of the European Union (EU), to execute the continuous implementation of the NICPS, of which Ekiti State is one of the beneficiaries.

This landmark initiative seeks to transform the state into an investor-friendly haven, attracting businesses and accelerating economic growth.

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According to her, the Ekiti State takes centerstage, chosen as one of only three states to pilot the NICPS program this year. Ekiti boasts several compelling advantages for potential investors. With the highest number of Ph.Ds per capita in Nigeria, the state showcases a thriving knowledge economy and skilled workforce.

With the “Land of Honour and Integrity” boosting of vast swathes of arable land and a dedicated agricultural processing zone position, Ekiti as a prime location for agribusiness innovation.

Additionally, its breathtaking natural beauty encompassing the Ikogosi Warm Springs Resort, Arinta Waterfalls, and Olosunta Hills make it a hidden gem for eco-tourism ventures.

According to her, recognising the immense opportunities, the NICPS program will equip Ekiti with the tools and strategies needed to attract and retain investments. Through comprehensive assessments, streamlined administrative processes, and improved investor communication, the NIPC aimed to enhance Ekiti’s ease of doing business. This investor-centric approach promises to foster a welcoming and conducive environment for businesses to flourish.

She said, “the NICPS holds immense potential to unlock the state’s economic potential and propel it towards prosperity. We are confident that by working together, we can create a vibrant investment landscape that attracts businesses, generates jobs, and improves the lives of all Ekiti residents.

“This significant journey towards economic diversification and sustainable development with the combined expertise of the NIPC, UNDP, and the dedicated leadership of Ekiti State, the future looks bright for this dynamic region. Investors seeking growth and opportunities are encouraged to take a closer look at Ekiti – a state poised to become the next investment destination in Nigeria.”