Shell Nigeria Yudala
NIPC CEO inaugurates Inter-Ministerial C’ttee to review Investment Agreement and NIPC Act

By News Express on 17/06/2015

Share on facebook Yahoo mail icon Gmail icon

Views: 1,186


Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Mrs. Uju Aisha Hassan Baba, has inaugurated an Inter-Ministerial Committee to review Nigeria’s Model Draft Investment Promotion and Protection Agreement (IPPA) and the NIPC Act No 16 of 1995.

The review, which is an initiative of the NIPC, is intended to update the legal framework of the Commission and enable both documents effectively address the sustainable development dimensions of the country’s quest for foreign direct investment.

The Inter-Ministerial Committee comprises officers of the International and Comparative Law Department as well as the Legal Drafting Department of the Federal Ministry of Justice, Officers of the NIPC in addition to an Officer of the Investment Department of the Federal Ministry of Industry, Trade and Investment.

Speaking recently at the inauguration of the committee, Mrs. Hassan Baba stated that IPPAs deal primarily with the admission, treatment and protection of foreign investment.

“They usually cover investments by enterprises or individuals of one country in the territory of its treaty partner and ultimately boosts the confidence of potential investors,” she said.

She therefore stressed the need for review of the country’s IPPA and Investment law through the development of a model standard draft in line with current global investment and economic trends.

News Express recalls that Mrs. Hassan Baba served as Chairman of Nigeria’s Inter-Ministerial Committee on the negotiation of IPPAs. Prior to her appointment at the NIPC, she observed the need for NIPC to drive the review of the document as the nation’s foremost investment promotion Agency.

•Photo shows Uju Aisha Hassan Baba.

Source News Express

Posted 16/06/2015 11:12:31 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
Suicide bombers hit Northern Cameroon

Name 15 ex-governors, others that stole N1.34 trillion,...

NOA plans awareness campaign on new electricity tariff...

APC compiles dossier on CP Mbu for submission...

Terrorism war: Build barracks in Sambisa Forest, HURIWA...

Buhari parleys Lagos women, promises gender equality

Ebonyi Central, behold your glorious moment!, By Emeka...

BLOODY DEMOCRACY: 101,500 killed extra-judicially since 1999 (9,700...

Rap superstar Rick Ross on the run from...

Murder most cruel: Kidnapped American teen gang-raped, killed...

Chile stun Messi-led Argentina, claim first COPA America...

Today’s Weather: Expect good visibility despite dust haze...

 

Latest News Niger Delta militants threaten protests over delayed stipends Oil company chief declared wanted over $26m FOREX fraud Traditional ruler suspended for rape Cocaine with Lionel Messi branding seized by police Troops destroy Boko Haram’s bomb factory, rescue women, children Protests against us in Nigeria sponsored, says Amnesty International Reps declare Kaduna Airport insecure, unsafe Umahi raises committee to end communal clash between Abakaliki, Ikwo communities El-Rufai to commission 50 million litres Zaria water project Oyegun commends Speaker Dogara for standing behind FG, APC Ile-Ife Crisis: Rights group condemns Buhari, Aregbesola, Police over one-sided arrests Pension Scam: APC’s show of knavery, By Tony Ademiluyi

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (234,467 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (213,034 views) Shameless Genevieve Nnaji exposes breasts in public (177,160 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (161,847 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (150,477 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (133,052 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (116,414 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (115,562 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (103,131 views) Lagos plane crash: Journalist releases victims’ names (98,663 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (93,278 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (93,233 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,495) Business Verdict (14) Columnists (655) Complaints & Requests (82) Enterprise & Opportunities (142) Entertainment (292) Features (407) Global Business Monitor (143) International (1,308) Interviews (116) Live Commentary (28) Love Matters (48) News (22,656) Opinion (662) Pidgin (8) Politics (3,624) Religion (490) Sports (1,244) Stock Watch (15) AMA & Al Jazeera Global Update

 

 

JAMB Sale of 2016/2017 UTME/DE applications

 

CBN Advert

 

Mohammed Anas thanks 'wife and girlfriend' (full interview)

 

APO Newsbreak logo

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!