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Nigerian Investment Promotion Commission was established by Nigerian Investment Promotion Act Chapter N117 Laws of the Federation of Nigeria 2004 to encourage, promote and co-ordinate investments in the Nigerian economy.[/vc_column_text][/vc_column][/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” scene_position=”center” text_color=”custom” custom_text_color=”#000000″ text_align=”left” bottom_padding=”20″ overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”left-right” background_color=”#ffffff” background_color_opacity=”1″ background_hover_color_opacity=”1″ font_color=”#ffffff” column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/4″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][/vc_column][vc_column column_padding=”padding-1-percent” column_padding_position=”left-right” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”3/4″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”]
‘To be the pre-eminent Investment Promotion Agency in the emerging markets’
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FUNCTIONS OF THE COMMISSION
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- Be the agency of the Federal Government to co-ordinate and monitor all investment promotion activities to which this Act applies;
- Initiate and support measures which shall enhance the investment climate in Nigeria for both Nigerian and non- Nigerian investors;
- Promote investments in and outside Nigeria through effective promotional means;
- Collect, collate, analyze and disseminate information about investment opportunities and sources of investment capital, and advise on request, the availability, choice or suitability of partners in joint-venture projects;
- Register and keep records of enterprises to which this Act applies;
- Identify specific projects and invite interested investors for participation in those projects;
- Initiate, organize and participate in promotional activities such as exhibitions, conferences and seminars for the stimulation of investments;
- Maintain liaison between investors and Ministries, Government Departments and Agencies, institutional lenders and other authorities concerned with investments;
- Provide and disseminate up-to-date information on incentives available to investors;
- Assist incoming and existing investors by providing support services;
- Evaluate the impact of the Commission in investments in Nigeria and make appropriate recommendations;
- Advise the Federal Government on policy matters including fiscal measures designed to promote the industrialization of Nigeria or the general development of the economy; and
- Perform such other functions as are supplementary or incidental to the attainment of the objectives of the Act.
[vc_column_text]Vision
‘To be the pre-eminent Investment Promotion Agency in the emerging markets’
Mission
‘To proactively position and promote Nigeria as the preferred investment haven’
Core Values
- Accountability
- Anonymity
- Discipline
- Impartiality
- Integrity
- Meritocracy
- Patriotism
- Political neutrality
- Professionalism
- Transparency