The Nigerian Investments Promotion Commission (NIPC) has said that its Single Window Investors Portal (SWIP) that aimed to facilitate business and investments in the country would be available by the first quarter of 2021.
Mr Sabo Isiaku, Head of Corporate Services Division, NIPC, disclosed this on Monday, in Abuja, at the NIPC Media Retreat organised for Commerce and Industry Correspondents’ Association of Nigeria (CICAN).
SWIP is the commission’s e-business facilitation portal, an e-government initiative, being put in place to facilitate business and investments in Nigeria.
Isiaku explained that the portal, which was being programmed to serve in response to the impact of the COVID-19 pandemic, would have four components namely: e-OSIC, e-PSI, IRM and IP.
He said under the initiative, all services offered at the One Stop Investment Centre (OSIC) would be automated and there would also be an online business registration, payment, work flow-based review and tracking features.
The NIPC head of corporate services said it would also automate applications for incentives administered by NIPC, starting with Pioneer Status Incentive (PSI). Investor Relationship Management (IRM) and Investment Profiling (OP).
Isiaku called for a friendly business environment and more funding for the NIPC to execute its mandate because investment promotion depended on the provision of a conducive business environment and facilitation of strong macro economic conditions.
Mr Adeshina Emmanue, NIPC Director of Investment Promotion, in a presentation, said the commission had recently launched a One Stop Investment Platform for Renewable Energy and Energy Efficiency (OSIP RE/EE) developed within the framework of the Nigerian Energy Support Programme (NESP II).
NESP II is a Technical Assistance programme, co-funded by the EU and the German Government and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), in collaboration with the Federal Government.
The OSIP digital platform was designed to provide easy access to relevant information for investors in renewable energy and energy efficiency in Nigeria, as well as provide technical, regulatory, and economic information, aimed at de-risking projects and scaling up investments.
Adeshina also stated that the platform, built through a public, private and financial sector partnership, would be jointly manned by the NIPC, the Rural Electrification Agency and the Federal Ministry of Power.
He added that OSIP included an overview section about the Nigerian renewable energy and energy efficiency sector and investment opportunities, in addition to having a networking tool for investors to interact with public and private stakeholders, and an energy efficiency calculator for commercial, residential buildings and industries
“Information on the platform, which is available at www.greenenergyinvestment.com.ng. will be updated regularly to reflect the current state of listed projects and opportunities for investments in the Nigerian electricity sector”, he said.
- Collective responsibility needed in fight against poverty- Sen. Okorocha
- CONUA rebuffs ASUU’s reconciliation move
- Buhari condoles with Gov. Buni over grandmother’s death
- Buhari condoles with Kaduna Govt., family of Emir of Lere, Garba Mohammed
- NSF: Kwara picks 3 medals in Darts
- Boko Haram: Theater Commander seeks sustained media partnership
- Yahaya Bello urged to contest 2023 presidential election
- How Kogi handles security challenges — Bello
- COVID-19: NCDC confirms 84 new infections from 13 States
- Prince Philip’s funeral to be held on April 17 – Buckingham Palace
- Politics2 years ago
Breaking…Kwara assembly suspends 16 LGs chairmen
- News1 year ago
Army approves cigarettes allowance, N20,000 salary increment for soldiers
- Metro1 year ago
BREAKING…. Kwara govt announces total lockdown in Offa
- Education1 year ago
UNILORIN education faculty emerges best in Nigeria
- Politics1 year ago
Gbemi Saraki finally breaks silence, changes political slogan
- Politics1 year ago
Breaking… Kwara governor appoints Yinka Aluko S A Special Duties
- News2 years ago
Sokoto assembly confirms Gov Tambuwal’s 26 comissioner nominees
- Politics2 years ago
Breaking…GOV. ABDULRAZAQ APPOINTS COMMITTEE ON REVIEW OF SALES OF GOVT PROPERTY (See full names)