Investor Presentaiton slide image

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 PROMO
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