#nipc

Why Nigeria intends to streamline import substations for AFCFTA – NIPC

According to the Nigerian Investment Promotion Commission (NIPC), the Federal Government will make import substitution simpler to facilitate exports and conserve foreign exchange in order to attract FDI under the African Continental Free Trade Agreement (AfCFTA). After meeting with President Muhammadu Buhari on Friday, the Executive Secretary of the Nigerian Investment Promotion Commission…

EFCC grills NIPC boss, Yewande Sadiku, over corruption allegations

THE Economic and Financial Crimes Commission (EFCC) yesterday quizzed executive secretary of the Nigerian Investment Promotion Commission (NIPC) Yewande Sadiku in Abuja over allegations of corruption. Sources familiar with the investigation said some petitioners accused the NIPC boss of abuse of office, contract irregularities and receipt of certain allowances. “She is cooperating and has…

Monumental Fraud: EFCC quizzes Yewande Sadiku of NIPC

The Executive Secretary of the Nigerian Export Promotion Council, NIPC Mrs Yewande Sadiku is currently in the custody of the Economic and Financial Crimes Commission, EFCC. The technocrat who arrived the headquarters of the anti-graft agency at about 11 am on Monday, August 9, 2021, is being grilled by a team of operatives of the Commission over wide-ranging corruption issues. A source familiar…

Union pickets NIPC headquarters in Abuja

The face-off between the in-house union of the Nigerian Investment Promotion Council (NIPC) and its Executive Secretary (ES), Yewande Sadiku, came to a climax yesterday, as the unionists picketed the establishment’s headquarters in Abuja.

Addressing reporters, the union chairman, Comrade Yussuf Mustapha, accused the ES of paying deaf eyes to staff welfare.

He claimed that every civil effort to…

The Nigerian Investment Promotion Council (NIPC) says the Federal Capital Territory and 18 states have received 65 projects worth $73 billion in the first three quarters of this year. #AfricanNewsNetwork

The Nigerian Investment Promotion Council (NIPC) says the Federal Capital Territory and 18 states have received 65 projects worth $73 billion in the first three quarters of this year.

The council said in a report on its website, 11 sectors got much attention during the period.  Mining and quarrying received 43 per cent of the total value; construction, 25 per cent; manufacturing, 23 per cent. …