International Journal of Humanities and Social Science

ISSN 2220-8488 (Print), 2221-0989 (Online) 10.30845/ijhss

Impact of Nigerian Investment Promotion Commission on Nigeria Trade and Investment Policy
Okpanachi Joshua, Samuel Gambo Joshua, Moses Gosele Danpome

Nigerian Investment Promotion Commission has created an investment centre. It has also been involved in stimulating investment at the state level which affords investors to register their businesses on the spot without any hassle. It is against this background this study investigated the effects of NIPC on Nigeria’s trade and investment policy reform in order to see whether NIPC has positive or negative effects on domestic and foreign investment.Therefore, the study aims at examining weather NIPC can encourage increased private sector investment and contribute to growth and development of Nigerian economy. For this study, descriptive method of research wasadopted of which data were collected using questionnaire and personal interview. The formulated hypothesis was tested using chi square and the result supports the alternative hypothesis. The findings of the study revealed that NIPC impacted positively in foreign trade and investment in Nigeria. The study concludes that NIPC can also train the organized private sector on what to do to attract foreign investors. Based on the findings, the study recommended that NIPC should team up with trade and investment agencies to make the Nigerian investment climate conducive to foreign investors byenacting favorable trade and investment laws for the survival of the private sector.

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