{"id":3295,"date":"2026-10-29T13:00:55","date_gmt":"2026-10-29T13:00:55","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/29\/federal-government-inaugurates-reconstituted-board-of-nigerian-investment-promotion-commission-nipc-businessday-ng\/"},"modified":"2026-10-29T13:00:55","modified_gmt":"2026-10-29T13:00:55","slug":"federal-government-inaugurates-reconstituted-board-of-nigerian-investment-promotion-commission-nipc-businessday-ng","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/29\/federal-government-inaugurates-reconstituted-board-of-nigerian-investment-promotion-commission-nipc-businessday-ng\/","title":{"rendered":"Federal Government Inaugurates Reconstituted Board of Nigerian Investment Promotion Commission (NIPC) \u2013 Businessday NG"},"content":{"rendered":"

The Federal Government has inaugurated the reconstituted Governing Board of the Nigerian Investment Promotion Commission (NIPC), bringing together private sector representatives and government institutions to support efforts to attract investment and strengthen Nigeria\u2019s business environment.\n<\/p>\n

The inauguration took place on Tuesday, 27 October 2026, at the Honourable Minister\u2019s Conference Room, 11th floor, ITF Skills House, Maitama, Abuja. The Minister of Industry, Trade and Investment charged the new members to leverage on their public and private sector experience to develop policies that would encourage investors to commit capital and establish businesses in Nigeria.\n<\/p>\n

The inauguration comes as attracting investment remains an important consideration for Nigeria\u2019s economic growth, business expansion and employment generation. As investors primarily seek profit, things like incentives, policies and regulatory conditions influence their decision to establish and operate business in Nigeria.\n<\/p>\n

The minister urged the board members to apply their experience to advancing the commission\u2019s mandate of improving the conditions for investment in Nigeria. The Board is expected to provide oversight, policy direction, and inform prospective investors about the incentives that are available in Nigeria as the NIPC pursues efforts to promote Nigeria as a destination for domestic and foreign capital.\n<\/p>\n

The Board is chaired by Mrs Eyitope Kola-Oyeniyin, with Ms Aisha Rimi serving as secretary. Other members inaugurated include Adebiyi Alex-Adedipe, Pastor Tonye Cole; Prince Yemi Akiolu; Mr Umar Ali Mustapha; and Dr Christian Chinedu Nwamba.<\/p>\n

The Board also includes Permanent Secretaries representing the Federal Ministry of Industry Trade and Investment, the Central Bank of Nigeria, the Ministry of Foreign Affairs, the National Planning Commission, the Ministry of Petroleum Resources, the Ministry of Interior, and the Federal Ministry of Art, Culture and Creative Economy. These institutions bring perspectives from different areas of government relevant to investment promotion, economic planning and business development.\n<\/p>\n

The composition of the board brings together private sector experience and public sector representation at a time when policy implementation and investor confidence remain important to the country\u2019s economic ambitions. Its work will involve supporting the commission\u2019s mandate and helping to address conditions that influence investment decisions.\n<\/p>\n

Responding on behalf of the members, Kola-Oyeniyin assured the Minister that the board would deploy all available resources to fulfil the commission\u2019s mandate.\n<\/p>\n

Established under the Nigerian Investment Promotion Commission Act of 1995, the NIPC is the federal agency responsible for encouraging, promoting and coordinating investment in Nigeria. Its governing board provides oversight and policy direction for the commission\u2019s work.\n<\/p>\n

The effectiveness of the reconstituted board will depend on how its members translate their mandate into practical measures that address investor concerns and strengthen confidence in Nigeria as a destination for investment. The minister\u2019s charge places that responsibility on members drawn from both the public and private sectors, whose work will contribute to the commission\u2019s efforts to attract capital and support business activity in the country in line with the Economic growth plan of the Federal Government.<\/p>\n

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Source: <\/p>\n

Businessday NG<\/div>\n","protected":false},"excerpt":{"rendered":"

The Federal Government has inaugurated the reconstituted Governing Board of the Nigerian Investment Promotion Commission (NIPC), bringing together private sector representatives and government institutions to support efforts to attract investment… <\/p>\n","protected":false},"author":1,"featured_media":3296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/3295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=3295"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/3295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/3296"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=3295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=3295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=3295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}