Investor Presentaiton
without compromising the Policy objectives of the participating agencies.
Giving the initial misconception, misinterpretation and resistance to the past
efforts to establish a One Stop Shop in NIPC, it is easy now to appreciate the
level of courage, tact, decorum, team work and cooperation that was employed
to ensure successful take-off and effective running of the Centre in its third year
of operation.
(b) Objectives of the Centre:
The objectives of the Centre (OSIC) include the following:
(c)
a. To substantially reduce the cost of entry into Business in Nigeria.
b. To simplify procedural steps for obtaining business approvals.
c. To shorten service delivery time without undermining the policy
objectives of the participating Agencies/Ministries.
d. To ensure transparency.
e. To provide Investment Information and Advice to Investors promptly
f. To fast-track public sector reform that will result in more attractive
business environment.
g. To maintain close and professional working relationship among
government Agencies/Ministries in support of investors.
Participating Government Agencies at the Centre:
Thirteen Agencies/Ministries pioneered the first phase of the Centre in 2006.
The number increased to sixteen (16) in 2008 with the coming on board of
NIMASA, ODUA and NNDC, The centre maintained effective collaboration for
the attainment of corporate objectives. Nigeria's model of OSS presents the best
option of fast-tracking investments without hurting and triggering inter-agency
rivalry.
The centre provides each agency with a platform to conduct its statutory
mandate but in accordance with OSIC's targets for service delivery in terms of
speed, efficiency, and transparency in their dealings with investors.
S/N Agency
1.
NIGERIAN
INVESTMENT
PROMOTION
COMMISSION
Functions
Registration of Foreign Investments, Issuance of
Business Permits, Complaint Management,
Linkages with NIPC Departments, and other
Government Agencies, Country-wide liaison with
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