ABUJA – The Oyo State Government on Thursday signed a Memorandum of Understanding with the Nigerian Investment Promotion Commission (NIPC) on accelerated business development in the state.
Chief Moses Adeyemo, the Deputy Governor of Oyo State, signed the on behalf of the state government, while Mrs Saratu Umar, the Executive Secretary of NIPC, signed for NIPC.
Adeyemo told newsmen that the essence of the memorandum was for the state to synergise with commission to move it’s economic and investment developments forward.
He said that Oyo State placed more premium on three areas in terms of investments.
Adeyemo listed these areas to include agriculture, human capital and investment in manufacturing.
He called on investors to come and invest in the state as the state was investment friendly. [eap_ad_1] Earlier, Umar had said that the NIPC was ready to collaborate with investors both foreign and local who wanted to do business in the country.
“Your coming is at a time when the country is witnessing increase in Foreign Direct Investment owing to the reform programmes of the Federal Government,’’ she said.
Umar said that one of the mandates of NIPC was to assist states and investors to facilitate their investments and promised that the commission was ready to help Oyo State in this direction.
Umar said that the commission was a One Stop Investment Centre (OSIC). (NAN)
[eap_ad_4]
