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Nigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. The INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
PIONEER STATUS INCENTIVE The Pioneer Status Incentive was established by the Industrial Development (Income Tax Relief) Act, No 22 of 1971 and is a tax holiday which grants qualifying industries and products relief from payment of corporate income tax for an initial period of three years, extendable for one or two additional years. UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company. NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. NIGERIA’S FEDERAL MINISTRY OF INDUSTRY, TRADE AND The Federal Ministry of Industry, Trade and Investment (FMITI) yesterday released a detailed compendium, an extensive outline that captures the Ministry’s ground-breaking achievements over the past three and a half years under the President Muhammadu Buhariadministration.
NIGERIAN INVESTMENT PROMOTION COMMISSION Invest in Nigeria: #1 Economy in Africa. Looking For A New Home For Your Business? Look No Further. 1 5. 1 5. Report of Investment Announcements, has been uploaded. Click here to access it. Nigerian Investment Promotion Commission is an agency of the Federal Government established to. encourage, promote and coordinate investments inNigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. The INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
PIONEER STATUS INCENTIVE The Pioneer Status Incentive was established by the Industrial Development (Income Tax Relief) Act, No 22 of 1971 and is a tax holiday which grants qualifying industries and products relief from payment of corporate income tax for an initial period of three years, extendable for one or two additional years. UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company. NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. NIGERIA’S FEDERAL MINISTRY OF INDUSTRY, TRADE AND The Federal Ministry of Industry, Trade and Investment (FMITI) yesterday released a detailed compendium, an extensive outline that captures the Ministry’s ground-breaking achievements over the past three and a half years under the President Muhammadu Buhariadministration.
SERVICES – NIGERIAN INVESTMENT PROMOTION COMMISSION Wholesale & retail industry: The industry provides opportunity for establishment of chain stores. Financial & insurance industry: With such a rapidly diversifying economy and strong entrepreneurial spirit, Nigeria’s financial services sector is wide open for investors wishing to invest in deposit money banking, micro finance banking, mortgage banking, general and industrial insurance, and DECKLAR RESOURCES INC. ANNOUNCES LETTER OF INTENT TO Decklar Resources Inc. (DKL-TSX Venture) (the “Company” or “Decklar”) announces the completion of a non-binding Letter of Intent to purchase all of the issued and outstanding ordinary shares of Purion Energy Limited (“Purion”), a Nigerian entity that has the right to enter into a Risk Finance and Technical Services Agreement (“RFTSA”) with Prime Exploration and Production OPPORTUNITIES & INCENTIVES Plot 1181 Aguiyi Ironsi Street Maitama District Abuja, Nigeria. +234 (0)9 2900059 (8am - 5pm) +234 (0)9 2900061 (8am - 5pm) NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. The PRESIDENT BUHARI RECEIVES MADE IN NIGERIA CELL PHONE President Muhammadu Buhari on Wednesday received the first made in Nigeria cell phone, known as ITF Mobile. The News Agency of Nigeria (NAN) reports that the Minister of Industry, trade and Investment, Adeniyi Adebayo, presented the phone to the president, before the commencement of Wednesday’s Federal Executive Council meeting inAbuja.
BPE, UK AGENCY SIGN AGREEMENT ON PPP PROJECTS The Bureau of Public Enterprises (BPE) has signed an agreement with the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) to enable the agency to deliver infrastructure projects under the public-private partnership (PPP) model.. This is contained in a statement signed by Amina Othman, head of public communications at BPE, in Abuja on Sunday. OVER 1000 FIRMS BID FOR 2021 RAILWAY PROJECT Over 1000 indigenous firms have indicated interest in various railway projects for the 2021 fiscal year. The Nigerian Railway Corporation (NRC) at the weekend flagged off an open bidding process with representatives of the companies in attendance. DLM CAPITAL GROUP LAUNCHES INAUGURAL FINTECH CHALLENGE FOR Following the rise in the need for VC fundings in Nigeria, leading developmental investment bank, DLM Capital Group is organizing the maiden edition of its fintech challenge called the “Pegasus Fintech Challenge” for Nigerian start-ups. NIRA PARTNERS CAC, NITDA TO GROW NIGERIA’S 180,000 DOMAIN As part of efforts to increase the adoption of Nigeria’s domain name, .ng, the Nigeria Internet Registration Association (NiRA) has disclosed that it will be working with the Corporate Affairs Commission (CAC) and the National Information Technology DevelopmentAgency (NITDA).
OGUN STATE – NIGERIAN INVESTMENT PROMOTION COMMISSION Ogun State referred to as the “Gateway State” is located in the South-Western region of Nigeria was created on 3 February 1976. It borders Lagos State to the South, Oyo and Osun states to the North, Ondo to the East and the Republic of Benin to the West. NIGERIAN INVESTMENT PROMOTION COMMISSION Invest in Nigeria: #1 Economy in Africa. Looking For A New Home For Your Business? Look No Further. 1 5. 1 5. Report of Investment Announcements, has been uploaded. Click here to access it. Nigerian Investment Promotion Commission is an agency of the Federal Government established to. encourage, promote and coordinate investments inNigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. The INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
PIONEER STATUS INCENTIVE The Pioneer Status Incentive was established by the Industrial Development (Income Tax Relief) Act, No 22 of 1971 and is a tax holiday which grants qualifying industries and products relief from payment of corporate income tax for an initial period of three years, extendable for one or two additional years. UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company. NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. NIGERIA’S FEDERAL MINISTRY OF INDUSTRY, TRADE AND The Federal Ministry of Industry, Trade and Investment (FMITI) yesterday released a detailed compendium, an extensive outline that captures the Ministry’s ground-breaking achievements over the past three and a half years under the President Muhammadu Buhariadministration.
NIGERIAN INVESTMENT PROMOTION COMMISSION Invest in Nigeria: #1 Economy in Africa. Looking For A New Home For Your Business? Look No Further. 1 5. 1 5. Report of Investment Announcements, has been uploaded. Click here to access it. Nigerian Investment Promotion Commission is an agency of the Federal Government established to. encourage, promote and coordinate investments inNigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. The INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
PIONEER STATUS INCENTIVE The Pioneer Status Incentive was established by the Industrial Development (Income Tax Relief) Act, No 22 of 1971 and is a tax holiday which grants qualifying industries and products relief from payment of corporate income tax for an initial period of three years, extendable for one or two additional years. UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company. NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. NIGERIA’S FEDERAL MINISTRY OF INDUSTRY, TRADE AND The Federal Ministry of Industry, Trade and Investment (FMITI) yesterday released a detailed compendium, an extensive outline that captures the Ministry’s ground-breaking achievements over the past three and a half years under the President Muhammadu Buhariadministration.
SERVICES – NIGERIAN INVESTMENT PROMOTION COMMISSION Wholesale & retail industry: The industry provides opportunity for establishment of chain stores. Financial & insurance industry: With such a rapidly diversifying economy and strong entrepreneurial spirit, Nigeria’s financial services sector is wide open for investors wishing to invest in deposit money banking, micro finance banking, mortgage banking, general and industrial insurance, and DECKLAR RESOURCES INC. ANNOUNCES LETTER OF INTENT TO Decklar Resources Inc. (DKL-TSX Venture) (the “Company” or “Decklar”) announces the completion of a non-binding Letter of Intent to purchase all of the issued and outstanding ordinary shares of Purion Energy Limited (“Purion”), a Nigerian entity that has the right to enter into a Risk Finance and Technical Services Agreement (“RFTSA”) with Prime Exploration and Production OPPORTUNITIES & INCENTIVES Plot 1181 Aguiyi Ironsi Street Maitama District Abuja, Nigeria. +234 (0)9 2900059 (8am - 5pm) +234 (0)9 2900061 (8am - 5pm) NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. The BPE, UK AGENCY SIGN AGREEMENT ON PPP PROJECTS The Bureau of Public Enterprises (BPE) has signed an agreement with the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) to enable the agency to deliver infrastructure projects under the public-private partnership (PPP) model.. This is contained in a statement signed by Amina Othman, head of public communications at BPE, in Abuja on Sunday. OVER 1000 FIRMS BID FOR 2021 RAILWAY PROJECT Over 1000 indigenous firms have indicated interest in various railway projects for the 2021 fiscal year. The Nigerian Railway Corporation (NRC) at the weekend flagged off an open bidding process with representatives of the companies in attendance. DLM CAPITAL GROUP LAUNCHES INAUGURAL FINTECH CHALLENGE FOR Following the rise in the need for VC fundings in Nigeria, leading developmental investment bank, DLM Capital Group is organizing the maiden edition of its fintech challenge called the “Pegasus Fintech Challenge” for Nigerian start-ups. NIRA PARTNERS CAC, NITDA TO GROW NIGERIA’S 180,000 DOMAIN As part of efforts to increase the adoption of Nigeria’s domain name, .ng, the Nigeria Internet Registration Association (NiRA) has disclosed that it will be working with the Corporate Affairs Commission (CAC) and the National Information Technology DevelopmentAgency (NITDA).
PRESIDENT BUHARI RECEIVES MADE IN NIGERIA CELL PHONE President Muhammadu Buhari on Wednesday received the first made in Nigeria cell phone, known as ITF Mobile. The News Agency of Nigeria (NAN) reports that the Minister of Industry, trade and Investment, Adeniyi Adebayo, presented the phone to the president, before the commencement of Wednesday’s Federal Executive Council meeting inAbuja.
OGUN STATE – NIGERIAN INVESTMENT PROMOTION COMMISSION Ogun State referred to as the “Gateway State” is located in the South-Western region of Nigeria was created on 3 February 1976. It borders Lagos State to the South, Oyo and Osun states to the North, Ondo to the East and the Republic of Benin to the West. NIGERIAN INVESTMENT PROMOTION COMMISSION Invest in Nigeria: #1 Economy in Africa. Looking For A New Home For Your Business? Look No Further. 1 5. 1 5. Report of Investment Announcements, has been uploaded. Click here to access it. Nigerian Investment Promotion Commission is an agency of the Federal Government established to. encourage, promote and coordinate investments inNigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company. NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. TheBOOK OF STATES
2 31 August 2020 I am delighted to share the Book of States with the general public, following the diligent work of staff of Nigerian Investment Promotion Commission to capture the investment prospects of each of Nigeria’s36 States and the Federal Capital Territory in an easily accessible format. FG LAUNCHES TEMPORARY PASSPORTS FOR NIGERIANS IN DIASPORA Plot 1181 Aguiyi Ironsi Street Maitama District Abuja, Nigeria. +234 (0)9 2900059 (8am - 5pm) +234 (0)9 2900061 (8am - 5pm) infodesk@nipc.gov.ng NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. NIGERIAN INVESTMENT PROMOTION COMMISSION Invest in Nigeria: #1 Economy in Africa. Looking For A New Home For Your Business? Look No Further. 1 5. 1 5. Report of Investment Announcements, has been uploaded. Click here to access it. Nigerian Investment Promotion Commission is an agency of the Federal Government established to. encourage, promote and coordinate investments inNigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. The UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company.BOOK OF STATES
2 31 August 2020 I am delighted to share the Book of States with the general public, following the diligent work of staff of Nigerian Investment Promotion Commission to capture the investment prospects of each of Nigeria’s36 States and the Federal Capital Territory in an easily accessible format. INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
GREEN AFRICA BRINGS IN ATR 72S FOR START-UP Green Africa brings in ATR 72s for Start-up. Nigerian start-up carrier Green Africa Airways has received its first aircraft, an ATR 72-600, at its base in the city of Lagos. Green Africa is taking three ATRs through an agreement with ACIA Aero Leasing, which is part of Mauritius-based ACIA Aero Capital and has leasing offices in several PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. DEPARTMENTS & FUNCTIONS DEPARTMENT OF INVESTMENT PROMOTION. The Department is charged with the responsibility of direct marketing and securing investors for specific investment opportunities in selected, prioritised sectors in Nigeria to targeted potential investors. Key Tasks. Identify target investors using data from Strategic Communications. 10 NIGERIAN STARTUPS UNVEIL SOLUTIONS AT INOVO ACCELERATOR Designed to empower early-stage Nigerian startups that are solving challenges resulting from the COVID-19 pandemic, the UK government, in January through the UK-Nigeria Tech Hub launched it’s iNOVO Accelerator Programme for 10 early-stage startups building innovative solutions to tackle the challenges caused by COVID-19 across the Education, Agriculture and Health sector in Nigeria. BPE, UK AGENCY SIGN AGREEMENT ON PPP PROJECTS The Bureau of Public Enterprises (BPE) has signed an agreement with the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) to enable the agency to deliver infrastructure projects under the public-private partnership (PPP) model.. This is contained in a statement signed by Amina Othman, head of public communications at BPE, in Abuja on Sunday. NIRA PARTNERS CAC, NITDA TO GROW NIGERIA’S 180,000 DOMAIN As part of efforts to increase the adoption of Nigeria’s domain name, .ng, the Nigeria Internet Registration Association (NiRA) has disclosed that it will be working with the Corporate Affairs Commission (CAC) and the National Information Technology DevelopmentAgency (NITDA).
NAFDAC, GATF PARTNER TO ENHANCE EASE OF DOING BUSINESS IN The challenges hitherto experienced by Importers and exporters at the nation’s ports and borders may soon become a thing of the past as the National Agency for Food and Drug Administration and Control (NAFDAC) and the Global Alliance for Trade Facilitation (GATF) have commenced putting together strategies aimed at achieving standardization and harmonization of documents for export OVER 1000 FIRMS BID FOR 2021 RAILWAY PROJECT Over 1000 indigenous firms have indicated interest in various railway projects for the 2021 fiscal year. The Nigerian Railway Corporation (NRC) at the weekend flagged off an open bidding process with representatives of the companies in attendance. PIONEER STATUS INCENTIVE The Pioneer Status Incentive was established by the Industrial Development (Income Tax Relief) Act, No 22 of 1971 and is a tax holiday which grants qualifying industries and products relief from payment of corporate income tax for an initial period of three years, extendable for one or two additional years. NNPC SET TO ACQUIRE STAKES IN SIX PRIVATE REFINERIES The government’s policy stipulates the mandatory participation of the NNPC in any privately-owned refinery that exceeds 50,000 barrels per day capacity. The Nigerian National Petroleum C DLM CAPITAL GROUP LAUNCHES INAUGURAL FINTECH CHALLENGE FOR Following the rise in the need for VC fundings in Nigeria, leading developmental investment bank, DLM Capital Group is organizing the maiden edition of its fintech challenge called the “Pegasus Fintech Challenge” for Nigerian start-ups. SHELL, RIVERS DEEPEN VALUE-ADDITION WITH CASSAVA Leading energy company, Shell, on Thursday inaugurated a multi-billion-naira Rivers Cassava Processing Company Limited built in partnership with the Rivers State Government, Vieux Manioc BV of the Netherlands, and the embassy of The Netherlands in Nigeria. NIGERIAN INVESTMENT PROMOTION COMMISSION Invest in Nigeria: #1 Economy in Africa. Looking For A New Home For Your Business? Look No Further. 1 5. 1 5. Report of Investment Announcements, has been uploaded. Click here to access it. Nigerian Investment Promotion Commission is an agency of the Federal Government established to. encourage, promote and coordinate investments inNigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company. NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. TheBOOK OF STATES
2 31 August 2020 I am delighted to share the Book of States with the general public, following the diligent work of staff of Nigerian Investment Promotion Commission to capture the investment prospects of each of Nigeria’s36 States and the Federal Capital Territory in an easily accessible format. FG LAUNCHES TEMPORARY PASSPORTS FOR NIGERIANS IN DIASPORA Plot 1181 Aguiyi Ironsi Street Maitama District Abuja, Nigeria. +234 (0)9 2900059 (8am - 5pm) +234 (0)9 2900061 (8am - 5pm) infodesk@nipc.gov.ng NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. NIGERIAN INVESTMENT PROMOTION COMMISSION Invest in Nigeria: #1 Economy in Africa. Looking For A New Home For Your Business? Look No Further. 1 5. 1 5. Report of Investment Announcements, has been uploaded. Click here to access it. Nigerian Investment Promotion Commission is an agency of the Federal Government established to. encourage, promote and coordinate investments inNigeria.
FEDERAL REPUBLIC OF NIGERIA OFFICIAL GAZETTE Companies and Allied Matters Act, 2020 2020 No. 3 A 1 Federal Republic of Nigeria Official Gazette No. 124 Lagos - 10th August, 2020 Vol. 107 Government Notice No. 119follos published as Supplement to this Gazette: Act No.Short Title Companies and Allied Matters Act, 2020 UTM OFFSHORE SIGNS LNG FLOATING PLANT CONTRACTS WITH UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility billed for signing today between the Nigerian firm and its foreign contractors, JGC Corporations, a Japanese engineering company. NNPC, TECNIMONT SIGN $1.5 BILLION CONTRACT FOR PORT The Nigerian National Petroleum Corporation (NNPC) has signed a contract with Italy’s Maire Tecnimont for the rehabilitation of the Port Harcourt Refinery. TheBOOK OF STATES
2 31 August 2020 I am delighted to share the Book of States with the general public, following the diligent work of staff of Nigerian Investment Promotion Commission to capture the investment prospects of each of Nigeria’s36 States and the Federal Capital Territory in an easily accessible format. FG LAUNCHES TEMPORARY PASSPORTS FOR NIGERIANS IN DIASPORA Plot 1181 Aguiyi Ironsi Street Maitama District Abuja, Nigeria. +234 (0)9 2900059 (8am - 5pm) +234 (0)9 2900061 (8am - 5pm) infodesk@nipc.gov.ng NIGERIA’S LIVESTOCK INDUSTRY GROWING 12.7% ANNUALLY Nigeria’s Livestock Industry Growing 12.7% Annually. The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria could be valued at least N50 trillion over the next decade if all the right structures are put in place. Making this revelation in a recent interview hegranted
INVESTMENT OPPORTUNITIES IN NIGERIA’S POULTRY VALUE CHAIN Private and confidential 7 Livestock (Poultry)-2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 World Asia Africa Central America EuropeSouth America North
YEWANDE SADIKU
Yewande Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016. Until October 2016, she was the Executive Director responsible for Stanbic IBTC Group’s Corporate and Investment Banking business, ensuring the realisation of business opportunities in Nigeria’s complex operatingenvironment.
PIONEER STATUS INCENTIVES LIST GAZETTED Pioneer Status Incentives List Gazetted. Nigerian Investment Promotion Commission (NIPC) is pleased to announce that the List of Pioneer Industries and Products approved by the Federal Executive Council (FEC) in August 2017 (Pioneer List) has been gazetted. This represents the first update to the Pioneer List since March 2006. DEPARTMENTS & FUNCTIONS DEPARTMENT OF INVESTMENT PROMOTION. The Department is charged with the responsibility of direct marketing and securing investors for specific investment opportunities in selected, prioritised sectors in Nigeria to targeted potential investors. Key Tasks. Identify target investors using data from Strategic Communications. 10 NIGERIAN STARTUPS UNVEIL SOLUTIONS AT INOVO ACCELERATOR Designed to empower early-stage Nigerian startups that are solving challenges resulting from the COVID-19 pandemic, the UK government, in January through the UK-Nigeria Tech Hub launched it’s iNOVO Accelerator Programme for 10 early-stage startups building innovative solutions to tackle the challenges caused by COVID-19 across the Education, Agriculture and Health sector in Nigeria. BPE, UK AGENCY SIGN AGREEMENT ON PPP PROJECTS The Bureau of Public Enterprises (BPE) has signed an agreement with the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) to enable the agency to deliver infrastructure projects under the public-private partnership (PPP) model.. This is contained in a statement signed by Amina Othman, head of public communications at BPE, in Abuja on Sunday. NIRA PARTNERS CAC, NITDA TO GROW NIGERIA’S 180,000 DOMAIN As part of efforts to increase the adoption of Nigeria’s domain name, .ng, the Nigeria Internet Registration Association (NiRA) has disclosed that it will be working with the Corporate Affairs Commission (CAC) and the National Information Technology DevelopmentAgency (NITDA).
NAFDAC, GATF PARTNER TO ENHANCE EASE OF DOING BUSINESS IN The challenges hitherto experienced by Importers and exporters at the nation’s ports and borders may soon become a thing of the past as the National Agency for Food and Drug Administration and Control (NAFDAC) and the Global Alliance for Trade Facilitation (GATF) have commenced putting together strategies aimed at achieving standardization and harmonization of documents for export OVER 1000 FIRMS BID FOR 2021 RAILWAY PROJECT Over 1000 indigenous firms have indicated interest in various railway projects for the 2021 fiscal year. The Nigerian Railway Corporation (NRC) at the weekend flagged off an open bidding process with representatives of the companies in attendance. NNPC SET TO ACQUIRE STAKES IN SIX PRIVATE REFINERIES The government’s policy stipulates the mandatory participation of the NNPC in any privately-owned refinery that exceeds 50,000 barrels per day capacity. The Nigerian National Petroleum C DLM CAPITAL GROUP LAUNCHES INAUGURAL FINTECH CHALLENGE FOR Following the rise in the need for VC fundings in Nigeria, leading developmental investment bank, DLM Capital Group is organizing the maiden edition of its fintech challenge called the “Pegasus Fintech Challenge” for Nigerian start-ups. PIONEER STATUS INCENTIVE The Pioneer Status Incentive was established by the Industrial Development (Income Tax Relief) Act, No 22 of 1971 and is a tax holiday which grants qualifying industries and products relief from payment of corporate income tax for an initial period of three years, extendable for one or two additional years. NEXIM ROLLS OUT N500BN FOR NON-OIL EXPORT The Nigeria Import Export Bank (NEXIM) is implementing N500 billion Non-oil Export Stimulation Facility and N100 billion Export Development Fund at single digit interest rate toSCAM ALERT
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GOVERNMENT COMMITTED TO IMPROVING BUSINESS ENVIRONMENT Moved up 24 places in ease of doing business in the last 2 years_ _
INVEST IN NIGERIA: #1 ECONOMY IN AFRICA Looking For A New Home For Your Business? Look No Further._ _
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ABUNDANT NATURAL RESOURCES People, Petroleum, Iron Ore, Gold, Bitumen & lot more_ _
NUMEROUS INVESTMENT OPPORTUNITIES Agriculture, Manufacturing, Oil & Gas, Power, Services, Solid Minerals_ _
GOVERNMENT COMMITTED TO IMPROVING BUSINESS ENVIRONMENT Moved up 24 places in ease of doing business in the last 2 years_ _
INVEST IN NIGERIA: #1 ECONOMY IN AFRICA Looking For A New Home For Your Business? Look No Further._ _
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Click here to access it NIGERIAN INVESTMENT PROMOTION COMMISSION IS AN AGENCY OF THE FEDERAL GOVERNMENT ESTABLISHED TO ENCOURAGE, PROMOTE AND COORDINATE INVESTMENTS IN NIGERIA. ONE STOP INVESTMENT CENTRE THE ONE STOP INVESTMENT CENTRE, HOUSES 27 GOVERNMENT AGENCIES, AND PROVIDES INVESTMENT FACILITATION SERVICES, REDUCE TIME REQUIRED TO PROCESS REGULATORY APPROVALS AND PERMITS AND ASSIST WITH INFORMATION AND REQUIREMENTS FROM INCORPORATION TO EXPANSION.Read More
RESEARCH & REPORTS
Access Research & Reports WHY WE INVESTED IN NIGERIA > We are extremely optimistic about Nigeria’s continued economic and > social growth and recognize the importance of broadening our > portfolio and introducing new products.>
> “Kelvin BalogunPresident, Central, East and West Africa at The > Coca-Cola Company > Coming to Nigeria is our biggest move in West Africa.>
> “Jacky LeeMD, Huawei West Africa > We will continue to invest in Nigeria and our growth rate is > accelerating. We also think that the enormous potentials in the > country are being unlocked.>
> “Paul PolmanGlobal CEO, Unilever > This investment in Nigeria boosts our production capacity for > Cadbury Bournvita by more than 30% and complements our recent > investments in Egypt and South Africa.>
> “Daniel MyersExecutive Vice President, Mondelez International*
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* NIGERIA
* About Nigeria
* Nigerian States
* Guide to Investing in Nigeria* Getting Started
* Labour
* Production Factors* Land
* Taxes
* Investor Rights
* Map & Data
* Why Invest in Nigeria * Biggest Economy in Africa * Fast Growth Prospects * Large & Growing Population* Strategic Market
* High Level Commitment to Improving Business Environment * Subnational Doing Business Reforms * Strategically Located * Two decades of political stability * OPPORTUNITIES & INCENTIVES* Opportunities
* Agriculture
* Industry
* Services
* Incentives
* Compendium of Investment Incentives in Nigeria * Pioneer Status Incentive * Pioneer Status Incentive Reports* Access to Finance
* Government Funds
* Private Finance
* Development Finance Institutions* Success Stories
* NIPC
* About NIPC
* Organogram
* Departments & Functions* Contact
* Leadership
* Governing Council
* Management
* FOI
* Freedom of Information * NIPC’s FOI Implementation * FOI Annual Reports* FOI Training
* FOI Contact
* Request for Information * Mandatory Disclosures* Governing Laws
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* Pioneer Status Incentive Reports* OSIC Reports
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