NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
NIPC inaugurates centre with software to boost investments

By Folasade Folarin on 24/11/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 556

•NIPC Executive Secretary Yewande Sadiku
•NIPC Executive Secretary Yewande Sadiku

The Nigerian Investment Promotion Commission (NIPC) on Thursday in Abuja inaugurated a “Centre of Excellence” for the financial appraisal of Micro, Small and Medium Enterprises (MSMEs) with Comfar Lite software.

NIPC Executive Secretary, Ms Yewande Sadiku said that Comfar Lite software was a core element of training and coaching aimed at assisting Nigerian entrepreneurs in presenting bankable projects for better access to financing.

The project was carried out in collaboration with the United Nations Industrial Development Organisation (UNIDO), which conducted training of 21 NIPC members of staff on the software.

Sadiku explained: “Comfar Lite is a state-of-the art investment project analysis tool that through its interactive and intuitive modules, and allows even less experienced entrepreneurs to present their business ideas.

“The Comfar Lite interface will guide users through various analysis steps. It can be used to scale-up enterprises and should lead to job creation in local communities.”

She also said the software would allow fast appraisal of investment project proposals before moving to fully-fledged feasibility analysis.

Sadiku said the objective was to profile MSMEs in readiness for investors.

“Instead of telling investors that we have lots of opportunities in Nigeria, we can actually share with them a profile of those opportunities and a brief description from a financial perspective of the profile of the business.

“So, it is easy to shorten the time between wanting to invest and actually finding a qualifying investment opportunity,” she further said.

Sadiku explained that the commission would soon begin the implementation of the ease-of-doing business initiative in the states.

She said this was because a lot of the investment opportunities that came into the country were mostly domiciled in the states.

According to her, the more ready the states were to receive investors, the better prepared they were for investments.

Also speaking, Mr Stanislaw Pigon, a lecturer and Senior Adviser at UNIDO, said the centre would serve as an advisor to the states and help them realise the potential of the MSMEs in their states.

He said it would also help to promote investments in Nigeria, “especially at the state level as most of the businesses are actually domiciled there’’.

NIPC was established in 1995 to encourage, promote and coordinate investments in Nigeria. (NAN)

 

Source News Express

Posted 24/11/2017 05:08:56 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Nigerian ICT users deserve value for their hard-earned...

The gay community and rising suicide, By Tony...

HURIWA tasks IGP on murdered Joy Odama; Ozubulu...

RIGHTSView: TERRORISM AND THE N76 BILLION CCTV SCAM...

Boko Haram: 240 displaced children die of malnutrition...

Akpabio to Nigerians: Shun crimes, embrace love through...

Ribadu's brother abducted

Okowa suggests way to boost food production

Lawmaker faces recall over Facebook post

Bad market: 486 Boko Haram troops fall into...

FC Ifeanyi Ubah players and officials to get...

NSE: Seplat leads losers’ chart

 

Latest News 40 IPOB members in Police net over alleged terrorist plot Gunmen abduct 42 travellers; strip female passengers $16bn power projects: Refer OBJ, Jonathan to EFCC, ICPC, SERAP tells Buhari What is wrong with Anambra Catholic Bishops? Cholera outbreak kills 12 in Adamawa Minimum wage review long overdue – Oyo-Ita 400m Fraud: Court grants EFCC's request to try Metuh in absentia Transcorp Hotels MD laments neglect of tourism sector Buhari orders release of fund for Ogoni clean up Ambode splashes LASU best graduating student with N5m Google launches Impact Challenge in Nigeria, commits $2m Drama as Ondo lawmakers reinstate impeached deputy speaker

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (345,406 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (342,123 views) Shameless Genevieve Nnaji exposes breasts in public (273,498 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (224,860 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (205,261 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (202,910 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (177,030 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (159,318 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (150,252 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (143,538 views) Lagos plane crash: Journalist releases victims’ names (140,059 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (132,480 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (41) Business & Economy (3,152) Business Verdict (43) Columnists (854) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (497) Features (598) Global Business Monitor (274) International (1,969) Interview (149) Live Commentary (28) Love Matters (120) News (35,540) Opinion (961) Pidgin (10) Politics (5,052) Religion (745) Sports (1,517) Stock Watch (29) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement