Investor Presentaiton
Investor Obligation and Protections in the NIPC Act
Registration
Obligation
• Enterprises in which
foreigners can
participate are
required to register
with NIPC before
commencing
business
Ownership
• Nigerians and
foreigners can invest
in any sector, except
for those on the
negative list
•No restriction on
foreign percentage
ownership
Guarantees
• Government will not
nationalize or
expropriate any
enterprise
• Right of access to
courts and fair and
adequate
compensation if
acquisition is in
national interest/for
public purpose
•No restriction on
repatriation by
foreigners of
investment returns
or sale proceeds
through an
authorized dealer
Dispute Resolution
•Amicable resolution
by mutual discussion
or arbitration of
investor/government
disputes
• Provisions of any
Bilateral Treaty with
the investor's
country will apply
• Right of recourse to
international
arbitration under
ICSID Rules
ICSID = International Centre for Settlement of Investment Disputes
25
INVESTMENT
NIGERIAN IN
COMMISSION
PROMOView entire presentation