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Home Business News

WIEG Seeks partnership with NIPC to facilitate investment migration in Nigeria

Zainab Iwayemi by Zainab Iwayemi
January 21, 2022
in Business News
WIEG National President

WIEG Seeks partnership with NIPC

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The World International Economy Group (WIEG) is planning to improve the migration of large investments to Nigeria by partnering with the Nigerian Investment Promotion Commission (NIPC).

According to NAN, this was disclosed by Chris Nwanne, WIEG National President, Nigeria chapter who led the team on a courtesy visit to NIPC on Thursday in Abuja.

He explained that the agenda is streamlined to help businesses grow across the world in areas such as agriculture, and infrastructure and render humanitarian services in general.

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What they are saying

Nwanne said that the investment would cut across infrastructure, agriculture, small scale industries, five-star hospitals and other social investments which would help lift Nigerians out of poverty in line with President Muhammadu Buhari’s policy and grow the Gross Domestic Product (GDP).

Adding that the partnership would help Nigeria through the commission to see how the people could be empowered especially the youths.

He noted that WIEG was bringing partnership proposals to pass through the commission so that the investors would be able to invest and also be protected and secure.

He said the visit is aimed at seeking more investment information and direction from the commission so that all parties can jointly deliver on our mandates.

He said, “Talking to NIPC first will give us better guidelines to carry out this great assignment. We are here to create a partnership with NIPC and we are inviting investors around the world to come and partner with us. Since we have investment hubs, WEIG is struggling with how to deal with the investors alone. We are bringing a team of 50 Investors in WIEG worldwide to invest in Nigeria.”

Speaking on the target of the group, Nwanne said WIEG plans to raise 3,000 to 4,000 entrepreneurs in five years whilst also adding that WIEG may not give anyone cash but would support whatever entrepreneurs are doing to help grow in business.

He said, “We are bringing these investments that will help Nigerian Youths gain employment as the government cannot provide all these alone. Labour is important, you cannot depend on government alone.”

Adesina Emmanuel, the Director of Investment Promotion, NIPC in his response said the commission was interested in businesses that would create job opportunities, promote responsible inclusive balance and sustainable investment.

What you should know

WIEG is a humanitarian, economic empowerment, business growth and services as well as investment system. The group said it is funded by over 3000 strong established systems around the world with the endorsement of the United Nations, Arab Nations and many more.

Tags: Nigerian Investment Promotion CommissionNIPCWIEGWorld International Economy Group
Zainab Iwayemi

Zainab Iwayemi

For further inquiries about this article, contact: Email: zainab.iwayemi@nairametrics.com Twitter: @IwayemiZainab LinkedIn: Zainab Iwayemi

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