Investor Presentaiton

through the Nigerian Stock Exchange. It also provided the guarantees against nationalization or expropriation. Investors are guaranteed unhindered transferability of capital, profits and dividends. Under the law, NIPC is given full powers to encourage, promote and co- ordinate all investments in the Nigerian economy. The role of NIPC as a one-stop agency implies that it should serve as the only co- coordinating and approving center for the establishment of businesses with foreign involvement in the country. Some administrative agencies, ministries and departments of Government are however, also performing this function. This provided the basis for the One Stop Investment Center (OSIC) at NIPC. Its current organizational form is focused on becoming an effective investor- service organization and championing improvements in the investment climate in Nigeria as well as building an effective system of zonal offices in the six geo- political zones of the country. This focus will lay the foundation for future efforts to bring new investors to Nigeria. The complete overhaul and re-orientation of the Commission to adopt investor friendly work ethics, style and essence of the private sector approach to management was effected. The mode of operation of the new NIPC is to identify constraints confronting old and new investors, bearing in mind the fact that existing investors are the greatest ambassadors of the economy, and satisfying them normally gives the right signal to new investors 30 30

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