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NIGERIA SLASHES THE COST OF DOING BUSINESS FROM N50,000 TO N15,000

Ugodre Obi-chukwu by Ugodre Obi-chukwu
February 11, 2013
in Uncategorized
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Nigeria’s Trade and Investment Minister Olusegun Aganga has approved the downward review of the cost of business registration at the Nigerian Investment Promotion Commission (NIPC) from N50,000 to N15,000 ($100).

This reduction is contained in a statement issued in Abuja on Monday by Joel Attah, the Head of Media and Publicity Unit of the NIPC.

NB: Please note that this is for registration of businesses (mostly by foreign investors) with the NIPC and not registration with the CAC.

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Tags: Deepdiveease of doing business
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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