•Document will increase Nigeria’s competitiveness in global market, says perm sec
The much-awaited Nigeria Investment Policy (NIP), a document that will harmonise, update and modernise existing snippets of regulations and give a clear direction on the country’s investment roadmap, may be ready before the end of the year.
This was disclosed, yesterday, at the ongoing second leg of stakeholders’ engagement on the draft document held in Lagos. The first forum, which seeks inputs from critical stakeholders, including the private sector players and industry leaders, was held in Kano.
In her keynote, Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dr. Evelyn Ngige, said the absence of a centrally-coordinated framework has made it difficult for investors to accurately assess investment policy thrust and take appropriate decisions.
“Nigeria’s investment regime up till now is governed by the enabling Acts of the Nigeria Investment Promotion Commission…
Source: Guardian Newspaper