The Nigerian Funding Promotion Fee is partnering with the United Nations Growth Programme UNDP, underneath its Built-in Nationwide Financing framework section two venture, with the assist of the European Union to proceed the implementation of the Nigerian Funding Certification Programme for States (NICPS).
Ekiti State is among the beneficiaries for the NICPS and between Wednesday 15 to Friday 17 March 2024, a 3-Day workshop on the NICPS was held in Ado-Ekiti in Ekiti State for related authorities businesses within the State.
The NICPS focuses on supporting States to reveal competence in offering full, correct and related info promptly, means of the State to supply info on wanted infrastructure for funding functions and packaging all the data in a ready-to-use format whereas providing skilled assist programs to potential and current buyers. Finally, the coaching will construct capability of related State’s MDAs to strategically promote, appeal to and handle investments.
Declaring the workshop open, His Excellency Biodun Oyebanji represented by the Secretary to the State Authorities, Dr. Habibat Adubiaro, mentioned the coaching of related stakeholders of their drive to draw funding is well timed and couldn’t have come at a greater time when the nation is meticulously taking a look at different sources of fund to finance developmental initiatives. She indicated that the Biodun Oyebanji led administration is making a vibrant funding panorama that may appeal to companies, generate jobs and enhance the lives of all Ekiti residents.
The coaching which turned related in keeping with the Federal authorities’s drive to spice up income via investments is ready to make Ekiti State an funding pleasant State.
Giving an outline of the targets of the workshop and what stakeholders are anticipated to do this would profit the state on enhancing the funding local weather and potential, the consultants mentioned the NICPS initiative goals to strengthen Ekiti’s funding promotion infrastructure and equip the state with wanted capability to place collectively the data required by buyers to make knowledgeable funding choices with regard to location.
The contributors had been assured that by working along with related authorities , they had been able to diversify the financial system of the State via promotion of industrialisation, commerce and commerce to combat poverty , starvation and unemployment.
Economically, Ekiti State has the potential to draw FDI into the agriculture worth chain for crops like yam, rice, cocoa and cassava in addition to minor industries like logging and tourism. Ekiti additionally has the very best variety of Ph.Ds per capital in Nigeria, demonstrating a dedication to training and data. The State is a hidden gem for ecotourism, that includes breathtaking points of interest akin to Ikogosi heat springs resort, Arinta waterfalls, Olosunta hills and Ise-Ekiti Museum amongst others.
This EU supported partnership goals to create a pleasant funding atmosphere, stimulate job creation and strategically advance sustainable improvement objectives.
