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.

FUNCTIONS OF THE COMMISSION

  1. Be the agency of the Federal Government to co-ordinate and monitor all investment promotion activities to which this Act applies;
  2. Initiate and support measures which shall enhance the investment climate in Nigeria for both Nigerian and non- Nigerian investors;
  3. Promote investments in and outside Nigeria through effective promotional means;
  4. 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;
  5. Register and keep records of enterprises to which this Act applies;
  6. Identify specific projects and invite interested investors for participation in those projects;
  7. Initiate, organize and participate in promotional activities such as exhibitions, conferences and seminars for the stimulation of investments;
  8. Maintain liaison between investors and Ministries, Government Departments and Agencies, institutional lenders and other authorities concerned with investments;
  9. Provide and disseminate up-to-date information on incentives available to investors;
  10. Assist incoming and existing investors by providing support services;
  11. Evaluate the impact of the Commission in investments in Nigeria and make appropriate recommendations;
  12. 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
  13. Perform such other functions as are supplementary or incidental to the attainment of the objectives of the Act.

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