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Published On: Mon, May 26th, 2014

New boss vows to make NIPC gold standard, meet global best practices

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By Clem Khena-Ogbena

The newly appointed Executive Secretary, Nigerian Investment Promotion Commission (NIPC), Saratu Umar, declared yesterday that she was determined to make the Commission the gold standard of excellence and also meet global best practices in Africa and the world at large.

She stated this during her maiden interaction with members of the Commerce and Industry Correspondents Association of Nigeria (CICAN), FCT-Abuja chapter, at the Commission’s corporate headquarters, in Abuja.

Umar added that full commitment to excellence and professionalism as well as collaboration and spirit of team work could help drive her new vision for the agency,

Umar stressed, “I am fully committed to excellence and professionalism. I believe in collaboration and team work. My vision is to make NIPC the gold standard of excellence and international best practice on the continent and a world class investment promotion agency, comparable to any in the world”.

She noted that with NIPC saddled with the mandate to promote, coordinate and monitor all investments in Nigeria, the commision is strategic and relevant in the economic development of the country, stating, “This mandate is key to promoting economic growth, creating jobs and generating wealth for Nigerians”. She added that the commission must remain focused, while defining strategies for the greater achievements of the agency’s objectives.

The new NIPC boss reeled off the pillars of her vision to include, among others: Sound Corporate Governance Practices, Effective Risk Management Framework, Appropriate Best-in-class IT Infrastructre, Enterprise -wide Performance Management System, Standardised Processes and Policies, An organised culture of “international best practices”and a high level of professionalism, Certification by the Internationl Standards Organisation (ISO) to attain process maturity and enhance NIPC’s service delivery, reliability and efficiency.

She further said while implementing its mandate, NIPC would support the National Industrial Revolution Plan, launched recently by President Goodluck Jonathan, adding, “We expect a massive rise in Nigeria’s measured GDP to increase the economy’s appeal to investors”.

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