Reviewed Investor’s Guide 2006

Africa’s most populous Country The Federal Republic of Nigeria is located in West Africa and shares common borders with Niger Republic (north), Chad (northwest), Cameroon (east), Republic of Benin (west), while its southern region is bounded by the Atlantic Ocean.  With a land mass of 923,768 sq. km (356,669 sq. miles), and an estimated population …

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The Political System Nigeria’s democracy is based on a federal form of government comprising the executive, legislature and judiciary as defined by the Constitution of The Federal Republic of Nigeria 1999 (“the Constitution”). Executive powers are vested in the President who is the Head of State and presides over the Federal Executive Council, while legislative …

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Investment Promotion A liberal framework for investment is set by the Nigerian Investment Promotion Commission Act 1996, which permits 100 per cent foreign ownership of Nigerian companies in most sectors, except those activities determined by the executive arm of the Government such as the production of arms and military wear. The NIPC Act formally protects …

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The privatisation of the Public Enterprises is one of the important elements of Nigeria’s economic reforms through which the hitherto commanding heights of the economy are being transferred to the private sector. The key strategies of the privatisation programme include: –       Market the right public enterprises to the right strategic investors with the appropriate financial …

Investor’s Guide 2006 – Privatisation: fast channel to the Nigerian economy Read More »