UK-Africa summit: NIPC, DFID launch guide to Fastrack information sharing

In an effort to Fastrack information sharing at the ongoing UK-Africa investment forum, the Nigerian Investment Promotion Commission (NIPC) and its partner, the UK Department for International Development (DFID) has launched a Nigeria Investment Guide.

The guide is said to contain useful information on Nigeria as a compelling destination for any investor seeking to participate in the economic potential that the African continent represents, according to a statement from the NIPC.

“The Guide 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,”

Speaking on the guide, NIPC’s Executive Secretary, Yewande Sadiku stated that it was a high-level document created to assist prospective investors to understand Nigeria’s economic opportunities noting that detailed guidance on specific industries and market sectors in Nigeria is available from NIPC website.

She also stated that several sector guides are already available on the NIPC website as part of a growing collection.

She noted that while the edition of the guide is focused on prospective investors from the United Kingdom, it is useful for all foreign investors seeking insight into doing business in Nigeria.

The Nigeria Investment Guide is a complementary addition to the iGuide Nigeria, the online investment guide launched by NIPC in May 2017.