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Minister to lead experts on strategies to attract investment into Abuja

Nigeria moves to boost local manufacturing in health sector

…Holds ‘Investment Summit and Expo 2023’

The Minister of Industry, Trade and Investment, Doris Uzoka-Anite will be leading top officials in Federal Ministries, Departments Agencies (MDAs) under her purview to map out strategies geared toward attracting private investors at first Abuja Investment Summit and Expo 2023 slated to hold from Tuesday 14th to Wednesday 15th November, 2023.

The event will hold at the Velodrome, Package ‘A’, M.K.O. Abiola National Stadium , in Abuja.

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The organisers said that the summit would particularly examine critical industry, trade and investment issues that are required to stimulate economic growth and development in Abuja, the Federal Capital Territory (FCT) and Nigeria as a whole.

A statement signed by Ahmed Mohammed Sule, director of communications of the organising committee of the summit, made available to BusinessDay, disclosed that the event with the theme ‘Unlocking Investment Opportunities in Abuja, the Federal Capital Territory,’ was conceived as a public-private partnership intervention in the economic development of the city.

He stated that the array of guest speakers at the occasion would be speaking on key thematic topics, with panel members drawn from MDAs who would be discussing various sub-themes of the Summit and Expo.

According to him, critical thematic areas of focus at the Summit include; Opportunities for Business Growth and Sustainable Development in Nigeria; Light Manufacturing and Industrialisation – Critical to Industrial Evolution in the Federal Capital Territory, Abuja; Public Private Partnership in Infrastructural Development and Economic Growth of the Federal Capital Territory, Abuja; Accessing Global Investment Opportunities, among others.

The investment summit is public–private sector-driven, and also a collaboration between the Abuja Chamber of Commerce and Industry, the Economic Planning Revenue Generation and Public Private Partnership Secretariat and the Abuja Investment Company Limited, all of the Federal Capital Territory Administration, while TDF Consultants Ltd are coordinating Consortium for the Annual event.

Organisers cited Abuja as one of the fastest growing cities in Africa that is continuously recording massive inflow of people from all walks of life, but has not been able to explore its economic potential to overcome the developmental challenges in its efforts to meet the numerous needs of the inhabitants.
He noted that the Abuja Investment Summit and Expo therefore, was an avenue that offers both local and foreign investors the window to leverage on the vast business and investment potential that abound within the territory for accelerated economic growth and development of the city.

It is designed to be the largest international gathering, bringing together over 1,500 business leaders, high level investors, top notch-policy makers in Nigeria, Africa and around the world.
The organisers also stated that the Abuja Investment Summit and Expo is an all-inclusive interactive discourse event aimed at stimulating deals and transactions across the untapped investment opportunities in the Federal Capital Territory with the collaborative participation and involvement of relevant Ministries, Departments and Agencies on the one hand, and Trade Groups, Associations and the Chambers of Commerce on the other.

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The Minister of Industry, Trade and Investments who will be leading a number of parastatals in the Summit-Discourse centred on Business Growth and Sustainable Development having the Nigerian Investment Promotion Council as discussants will see the Bank of Industry leading panel members to shed more lights on the topics and issues.

The summit is coming on the heels of, and in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu, which seeks to breathe fresh hope and lasting life in all developmental sectors of the country that will place it on a high pedestal of socio-economic growth for a purposeful and positive dynamic impact on the lives of the people through the institutionalisation of a resilient and sustainable economic base that will benefit Nigerians.