the United Nations Industrial Development Organisation (UNIDO) will partner with relevant industry stakeholders to launch an Investment Monitoring Platform (IMP) in Nigeria.

The IMP is an interactive online investment software developed by software giant Microsoft for UNIDO, that enables users to monitor investment trends, explore opportunities and assess impact.

The stakeholders involved in the launch include – the Federal Ministry of Industry, Trade and Investment, Nigerian Investment and Promotion Commission (NIPC) and the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN).

Investment promotion expert for the programme in Nigeria, Mr Adetola Ajala, revealed in a statement that the platform contains a database of over 7000 companies spread across 19 countries in Africa, providing stakeholder institutions with a unified stage to monitor investment trends, identifying and targeting quality investors, while measuring their impacts on the economy.

“The platform is expected to usher in a shift from the traditional Investment Promotion Authority (IPA) role of `marketing the country’ as an investment location to making institutions.” Mr Ajala said.  Facilitating “development process to attract quality investment in productive sectors and support investors through an innovative set of support services.”

According to him, the platform will be officially launched on the 8th of July in Abuja by the Minister of Industry, Trade and Investment, Mr Olusegun Aganga.

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