NigeriaBusinessInfo.com
NEWS GOVT & AGENCIES CAPITAL MARKET OPPORTUNITIES ECONOMIC DATA CHAMBERS OF COMMERCE TOURISM SCREENSAVERS
 Quick find? Search 100s of Pages
HOME > GOVT & AGENCIES > Nigerian Investment Promotion Commission
Govt & Agencies
Political Overview 
Central Bank
Nigerian Investment Promotion Commission ->
Corporate Affairs Commission
Federal Office of Statistics
National Council on Privatisation
Nigerian Communications Commission
National Anti-Corruption Commission
Transparency International
Federal Ministries
High Commissions & Embassies (44kb)
Nigerian Immigration Service
Others
Corporate Personality
Classified Adverts
News Archive
Interactive Homepage
Subscribe
Site Map

Like this site? Fill out and submit the form below to send an e-mail to your friend about it.
Privacy Policy

Your Friend's E-Mail Address:
Your E-Mail Address:
Your Name:

 

Submit your comments about this site or something you found on it.
Privacy policy

NAME:

E-MAIL:

Tick to receive updates

 

N
B
I
Nigerian Investment Promotion Commission (Reviewed, 12th Nov 2001) Tell your friends about this page! Email it to them.

Brief History

Deciding whether to invest in a country is never an easy task. It requires crucial information, research and planning. This led to the formation of the Nigerian Investment Promotion Commission (NIPC) in July 1995. The NIPC is an indispensable ally of potential foreign investors. The NIPC is tasked with overcoming the bureaucratic and institutional red tape that had previously discouraged foreign investors especially from taking advantage of Nigeria's wealth of opportunities.

NIPC Building, Abuja, NigeriaLocated in Nigeria's capital, Abuja, the NIPC building is open, modern, and efficient-looking. A one-stop necessity for potential investors, it serves as a central investment approval agency, streamlining the activities of ministries, government departments and agencies involved with investment promotion. It helps in matters such as registration or incorporation of foreign enterprises, obtain expatriate quotas or find out specifics about the different tax regimes for sectors like cargo, oil or mining.

It also serves as a catalyst for injecting the much-desired foreign capital into Nigerian economy through investments. It allows foreigners and local investors alike wishing to own up to 100% shares in investments in the country. It is also encourages and promotes competition in the economy..

Functions

The NIPC performs the following functions:
  • Advises government on policy issues related to investment.
  • Guarantees the protection of foreign interests in Nigeria against expropriation.
  • Administers appropriate incentives packages avail able to investors.
  • Guarantees transferability of profits and other funds by investors.
  • Initiates, organises and participates in promotional activities such as trade fairs, exhibitions, workshops, conferences and seminars to simulate and attract investment.
  • Identifies difficulties and problems encountered by investors, proffer solutions and render assistance to them.

Services

The Nigerian Investment Promotion Commission provides the services below to interested investors and prospective investors:

  • Provides up-to-date information on investment opportunities available in the country.
  • Links foreign investors with local partner.
  • Provides information on available incentives for investment.
  • Issues business permits to foreign investors.
  • Coordinates the issuance of expatriate quota.
  • Negotiates in consultation with appropriate government agencies, specific incentive packages for investors.
  • Enters directly into bilateral agreement with investors for purposes of investment
    protection.
  • Identifies specific project and invites interested investors to per take in them. And more.

Website: www.nipc-nigeria.org
Email Address: [email protected]; [email protected]

Physical Address

Plot 1181 Aguiyi Ironsi Street
Maitama District
Abuja
Nigeria

Tel: +234-9-4134380
+234-9-4131403
+234-9-4134112
+234-9-4130582
Fax: +234-9-4134112

NigeriaBusinessInfo.com

Tell your friends about this page! Email it to them.

UP


N
B
I

Home   News & Features   Govt & Govt Agencies   Capital Market   Investment Opportunities   Economic Data   Chambers of Commerce    News Archive   Tourism & Leisure   Corporate Personality of The Month   Useful Nigeria-Specific Sites   Classified Adverts   Submit your Email for News Alerts   Recommend Us to Someone   Search This Site   Site Map    Link to Us   Legal Notices/Disclaimer   About This Site   Privacy Policy   About Us   Contact Us

   

Copyright 2000-2001 bROADBASE(UK) Ltd & Broad End(Nig) Ltd. All rights reserved. Copyright 2000-2001 Nigeriabusinessinfo.com. All rights reserved.