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January 22, 2022
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NIPC Partners Israel On Research

The Acting Executive Secretary Nigerian Investment Promotion Council, Mr Emeka Offor has reiterated the Commission’s commitment in exploring all viable options that can attract, grow and position the country as an investment destination of choice to investors.

He stated this when he visited the Israeli Embassy in Abuja.

The visit was necessitated on the heels of the upcoming Innovation Fellowship for Aspiring Investors and Researchers i-FAIR.

Mr Offor noted that “Nigeria has the most startups in Africa and a dominant force in the tech space but falls short on critical elements that help startups to thrive.

“These critical elements such as digital infrastructure and lack of investment requires investors engagements and start-up supports which the Government of Israel through the i-FAIR initiative is bridging,”

“It is our hope that the spread gets wider and we will create awareness of the facility across our development partners” he said.

Speaking earlier, the Deputy Chief of Mission and Consul of the State of Israel in Nigeria, Yotam Kreiman, expressed appreciation for the support they had received especially from the Federal Government of Nigeria.

“The Vice President of Nigeria Professor Yemi Oshibanjo has been fantastic, so also critical stakeholder Ministries, Departments and Agencies of government” he stated.

i-FAIR initiative was created by a partnership between the Embassy of Israel’s Skill G Innovative Center and the Nigerian Government to provide a platform for Nigerian innovators to unleash and channel their creativity into smart solutions, products and prototypes.

The initiative targets 5 focus areas – Agriculture & Food Security, Food Technology, Renewable Energy/Environmental Management, Medical Devices/Simulation and Social Responsibility/Solutions for Personal responsibilities.

The first phase of the programme has been concluded while the second is currently ongoing.

By Victoria Abah.

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