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Nigeria FDI Analysis Name: Institutional Affiliation: Course: Date: Nigeria FDI Analysis Active investment – commercial presence Does the government support active FDI? How? Laws, decrees, websites? The Nigerian government has been open to active Foreign Direct Investment in virtually all the sectors of its economy, and it ensures that both the foreign and domestic investors are served equally in most respects. There are impressive numbers of reforms that range from the design of a competitive regime to the repeal of the tax and labor reforms, which are currently reshaping the environment for investment ("Promoting and facilitating investment in Nigeria | OECD READ edition," 2016). The Nigerian laws on FDI established since 1995 have been friendly to the foreign investors since the government liberalized the laws on money repatriation and foreign ownership of Nigerian enterprises. The major laws significant to foreign investment include: The Nigerian Investment Promotion Commission Act 1995 CNIPC Act”) The Foreign Exchange (Monitoring and Miscellaneous Provision Act 1995 ("FEM Act"). The Companies and Allied Matters Act 1990 (“CAMA”) The National Office of Technology Acquisition and Promotion Act 1979 (“NOTAP”) The Investment and Securities Act 1999 (“ISA”). Immigration Act Cap I 1 LFN 2004 Chamber of commerce? The Chamber of Commerce in Nigeria is distributed into the City/State, and Bilateral Chambers of Commerce and they all fall under one umbrella organization, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture. The organization provides the latest information on the different investment opportunities
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