Federal Ministry of Information (for the Federal Ministry of Commerce and Industry)2026-10-052026-10-051962https://nigeriareposit.nln.gov.ng/handle/20.500.14186/2971This official information publication provides a comprehensive guide for foreign investors and business entities seeking to establish commercial operations in post-independence Nigeria. It outlines the structural frameworks, regulatory environment, and economic policies set by the Federal and Regional Governments to encourage private enterprise and foreign direct investment across the nation. The text highlights key statutory incentives designed to stimulate industrial growth, including pioneer status income tax relief, import duty concessions, tariff protection mechanisms, and accelerated capital allowance depreciation schedules. Detailed sections detail land ownership regulations across different regions, access to specialized industrial estates in major hubs such as Apapa, Ikeja, and Port Harcourt, and procedures governing mineral exploitation rights. Furthermore, the guide clarifies financial and trade policies, covering exchange control compliance, profit remittance mechanisms, capital repatriation guarantees, and import licensing structures. Additionally, legal standards for business formation comprising public and private limited liability companies, overseas branch establishments, and commercial partnerships are systematically presented along with intellectual property registrations for patents and trademarks. Finally, labor frameworks, social insurance schemes, and taxation regulations governing both corporate entities and expatriate personnel are covered. Servicing as an informative overview, the book illustrates Nigeria's vast natural resource base, expanding consumer market, and open-door economic orientation aimed at fostering sustainable economic development through collaborative international trade and private enterprise.• Government Policy Relating to Foreign Investment • Government Incentives to Industrial Development • (a) The Industrial Development (Income Tax Relief) Act • (b) The Industrial Development (Import Duties Relief) Act • (c) The Customs Duties (Dumped and Subsidised Goods) Act • (d) The Customs (Drawback) Regulations • (e) The Income Tax (Amendment) Act, 1958 • Foreign Ownership of Companies • Foreign Ownership of Land • Industrial Estates • Mineral Rights • Entry Remittances and Repatriation of Capital • Trade Factors • (i) Import Control Regulations • (ii) Payment for Imports • (iii) Quotations and Credit • (iv) Status Reports • Customs Tariff • Tariff Protection • Types of Business Organisations • (a) Limited Liability Companies • (b) Limited Liability Companies Established Outside Nigeria • (c) Partnerships • Patents • Trade Marks • Company Law • Other Legislation • Laws and Regulations Affecting Employment • Social Insurance Laws • Taxation • Company Income Tax • Personal Taxation • Industries Already Established or About to Be Established