Sadiku: $90.9bn Worth of Investment Interest Recorded in 2018 - THISDAYLIVE

The Executive Secretary/Chief Executive, Nigerian Investment Promotion Commission , Ms. Yewande Sadiku has said about $90.9 billion worth of investments were recorded in the country last year.

She said: “We actually track it so that at the end of the quarter, half year, month or full year, we can say this is the total value of investment announcements that were made. We look at where the investments are supposed to be coming from. Sadiku, also said the agency had statutory powers to register companies in the country, alongside the Corporate Affairs Commission .

“Part of the reforms that we would like to see is that the process of registering with CAC and registering with NIPC and subsequently registering with FIRS for your tax identification number is more seamless than it is currently. But that is still in a work that is in progress but it has always been a requirement of the NIPC Act.”

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Investors’ interest soars as Nigeria gets $91bn investment in Q1 2019 – Daily TrustThere are indications that foreign investors are showing more interest in Nigeria as the country recorded $91bn investment announcements in first quarter 2019, Daily Trust findings have shown. Data from the Nigeria Investment Promotion Commission (NIPC) seen by our reporter show increased investors’ interest in Nigeria largely due to heightened investment promotion at the federal …
Source: Daily Trust - 🏆 13. / 51 Read more »