Special Adviser to the President, Mr. Femi Adesina, said in a directive to the Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, Buhari also mandated the most senior Director in the commission to immediately take over in the interim.

The sack brings to a sudden stop the fresh five years term approved by the president for her in July 2022.

The post Buhari sacks NIPC boss, Saratu Umar appeared first on Frontpageng.

This is as the state partners with Nigeria Investment Promotion Commission (NIPC), Nigerian Maritime Administrative and Safety Agency, NIMASA, and the Development Agenda for Western Nigeria Commission (DAWN Commission).

This disclosure was made by the Executive Assistant to the governor on Investment Promotion and Public Private Partnership, Hon. Segun Ogunwuyi, when he paid courtesy visits to the federal government agencies on Thursday in Ibadan.

Ogunwuyi who was a member of the Federal House of Representatives said Oyo State was positioned to benefit maximally from partnership with the agencies in its quest to revive moribund state industries and assets in order to bring about progressive commercial climate to the state as a whole.

Speaking at the Ibadan office of DAWN Commission, Ogunwuyi pointed out that the state could not wait to fast track activities towards achieving financial independence through revitalisation of state-owned industries that would soon be co-owned by private individuals and corporate bodies.

He promised the Head of the Director General of the Commission, Seye Oyeleye, that the state was ready to key into the programmes of DAWN Commission for the aim of promoting investment in the state and making it investors’ destination

“We appreciate the DAWN Commission for her pivotal role in the region on integration and development. Oyo State is on board with InvestWest 2020. The administration of His Excellency, Engr. Seyi Makinde, is ready and open for investment especially in the area of resuscitating the state moribund companies and assets through PPP.

“Other areas of interest the state is working on is to improve the business environment in Oyo State and make it more conducive. We know this is where DAWN Commission has being active at the regional level.

“Also, we are interested in having a functional investment promotion agencies backed by law in Southwest, likewise the recreation of Dugbe as Central Business District (CBD) while maximizing the economic opportunities of the Lagos – Ibadan railway project through the rail routes and stations.”

Director General, DAWN Commission, Seye Oyeleye, while welcoming the entourage from the state government said the body was planning towards the Western Nigeria Investment Summit (InvestWest) 2020 calling for collaboration from the state.

Oyeleye thanked the Executive Assistant and his team for deeming it necessary to visit the office, asking newly appointed cabinet members across the region to do same.

At the NIPC office, the head of the Ibadan zone, Mr Lawal Hassan, appreciated the efforts of the state administration on revamping local industries and thereby promoting investments and employment opportunities.

“Investment promotion is expensive but required in order to create wealth and job opportunities. Before long, the state will become the preferred destination for investors,” he prophesied.

The post Oyo promises to become major investors’ destination before 2020 appeared first on Frontpageng.