NIPC Official Warns Against Negative Comments on Nigeria

Abdullahi Shiru, the Deputy Director and Head of the Planning Department at the Nigerian Investment Promotion Commission (NIPC), addressed the impact of negative social media comments on Nigeria's investment promotions during a panel session at the Nairametrics Financial Literacy Forum held in Lagos on Tuesday. He specifically warned the youth against speaking ill of the country, emphasizing that foreign investors need confidence to commit funds to projects in Nigeria.

Shiru noted that attracting foreign direct investment (FDI) is crucial for the Nigerian economy, highlighting that the NIPC has identified three key factors necessary to sustain FDI. He acknowledged recent economic reforms aimed at driving investment growth in the country.

According to a report from Nairametrics, despite a broad surge in overall capital inflow, concerns remain about Nigeria's ability to attract long-term productive investments, as indicated by data from the National Bureau of Statistics (NBS) for the first nine months of 2025.