Written by Godfrey AKON

Nigeria unveils investment guide at UK-AIS

The Nigerian Investment Promotion Commission, NIPC, in partnership with the UK Department for International Development, DFID, have published a Nigeria Investment Guide to afford investors relevant information on opportunities in the country.

The investment guide, which was launched at the UK Africa Investment Summit last Monday, contains useful information on Nigeria as a compelling destination for any investor seeking to participate in the economic potentials that the African continent represents, a statement by NIPC said.

According to the Council, the Guide also contains information on the Nigerian economy and showcases several brands, businesses, and public-private partnership, PPP, investments and opportunities in Nigeria.

“The guide also includes information on Nigeria’s trade and investment landscape, requirements for establishing a business in Nigeria, and sample costs of operating in Nigeria. Investors will also find the sections of taxes and incentives very informative,” NIPC said.

NIPC’s Executive Secretary, Ms Yewande Sadiku, described the guide as a high level document created to assist prospective investors to understand Nigeria’s economic opportunities, adding that detailed guidance on specific industries and market sectors in Nigeria was available from NIPC website.

While stating that several sector guides are already available on the NIPC website as part of a growing collection, Sadiku said the edition of the guide is focused on prospective investors from the United Kingdom, it is useful for all foreign investors seeking insight about doing business in Nigeria.

The council further noted that the Nigeria Investment Guide was a complementary addition to the iGuide Nigeria, the online investment guide launched by NIPC in May 2018.

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