Agencies at OSIC



The One Stop Investment Centre is an investment facilitation mechanism where relevant government Agencies are brought to one location, coordinated and streamlined, to provide efficient and transparent services to investors. It shortens and simplifies administrative procedures for the issuance of business approvals, permits and licenses and company incorporation thereby removing bottlenecks faced by investors in establishing and running business, and ultimately, reduces the cost of doing business in Nigeria.  In addition, the Centre provides statistical data and information on the Nigerian economy, investment climate, legal and regulatory framework as well as sector and industry specific information to aid existing and prospective investors in making informed business decisions.
1 NIGERIAN INVESTMENT PROMOTION COMMISSION (NIPC) The Nigerian Investment Promotion Commission (NIPC), as a Federal Government Agency, was established by Act of Parliament No. 16 of 1995 to among others;  encourage, promote  and  coordinate  investments in the Nigerian economy.
2 CORPORATE AFFAIRS COMMISSION (CAC) CAC was established under the Companies and Allied Matters Decree No. 1 of 1990.The Commission has statutory responsibility for registration of companies, business names and Incorporated Trustees.
3 NIGERIAIMMIGRATION SERVICE (NIS) The Nigerian Immigration Service (NIS) was formally established by an act of Parliament (section 5 of Immigration Act L.N. Cap. 171 1963) to attend to immigration matters.
4 NIGERIA CUSTOMS SERVICE (NCS) Established by  Customs and Excise Management Act  (CAP 45 LFN 2004), ‘An Act to regulate the management and collection of duties of Customs and Excise, and for purposes ancillary thereto.
5 FEDERAL INLAND REVENUE SERVICE (FIRS) FIRS mandate is to assess, collect and account for the taxes accruable to the Federal Government under the Companies Income Tax (amendment) Act, 2007, the Value Added Tax (Amendment) Act, 2007 and the Federal Inland Revenue Service (Amendment) Act, 2007.
6 NATIONAL OFFICE FOR TECH. ACQUISITION & PROMOTION (NOTAP) NOTAP, a parastatal of the Federal Ministry of Science and Technology, was established by Decree No. 70 of 1979 to among other things facilitate and implement the acquisition, promotion and development of technology in Nigeria.
7 NATIONAL AGENCY FOR FOOD & DRUG ADMINISTRATION & CONTROL (NAFDAC) National Agency For Food & Drug Administration & Control (NAFDAC), was established by Decree No 15 of 1993 as amended by Decree 19 of 1999 and now the National Agency For Food & Drug Administration & Control Act Cap N1 Laws of the Federation of Nigeria (LFN) 2004.This Act mandates NAFDAC to regulate and control the manufacture, importation, exportation, distribution, advertisement, sale and use of food, drugs, cosmetics, chemicals, detergents, medical devices and packaged water (known as regulated products).
8 STANDARDS ORGANIZATION OF NIGERIA (SON) SON was established by Enabling Act No. 56 of 1971 for preparing, implementing and promoting standards for products and processes and for ensuring compliance with Federal Government policies on standardization and conformity assessment of both locally manufactured and imported goods, throughout the country.
9 MINISTRY OF MINES AND STEEL DEVELOPMENT (MMSD) The Ministry is saddled with responsibility for the formulation and execution of policies as well as the enforcement of all Laws relating to prospecting, mining, and quarrying of Solid Minerals throughout Nigeria. The Ministry, through its Agency, the Nigerian Geological Survey Agency (NGSA), is also responsible for the geological mapping and exploration of Minerals with a view to providing information for investors.
10 NATIONAL BUREAU OF STATISTICS (NBS) The National Bureau of Statistics (NBS) is the Federal Agency mandated by Law to produce statistics for the Nation on all aspects of Human Activities.
11 MINISTRY OF THE FEDERAL CAPITAL TERRITORY (FCTA) The Federal Capital Development Authority (FCDA) was created by virtue of the FCT Act of 1976 to oversee the development of the new city. In 1979, it was given the status of a Ministry called the Ministry of Federal Capital Territory created via an official gazette extra-ordinary no. 55 volume 66 October 26, 1979, by virtue of this Act FCDA has the responsibility of planning and development of the entire FCT.
12 FEDERAL MINISTRY OF FINANCE (FMF) The Federal Ministry of Finance is conferred with the responsibility of controlling, managing and monitoring revenues and expenditures of public finance of the Federation.
13 CENTRAL BANK OF   NIGERIA (CBN) The core mandate of the Central Bank of Nigeria (CBN) is derived from the provisions of the CBN Act of 2007. The functions are mainly in the following:Ensure Monetary and Price stability
– Issuance of legal tender currency
– Maintenance of External Reserve to safeguard the international value of the legal tender currency;
– Promotion of a Sound Financial System and
– Banker and financial adviser to the Federal Government.
14 NIGERIA MARITIME ADMINISTRATION AND SAFETY AGENCY (NIMASA) NIMASA has the mandate to superintend the holistic but systematic implementation of the National Shipping Policy, the Nigerian Maritime Labour Policy; the Cabotage Law and the Nigerian Shipping Laws which are all geared towards the development of the Nigerian Maritime Sector to contribute optimally to the country’s socio-economic development.
15 THE   FEDERAL MINISTRY OF INTERIOR (FMI) The Ministry of Interior has responsibility for administering and enforcing the provisions of the Immigration Act. 1963 as they relate to the establishment of business in Nigeria and the employment of expatriates.
16 NIGERIAN EXPORT PROMOTION COUNCIL (NEPC) The Nigerian Export Promotion Council (NEPC) is the apex government agency charged with the responsibility of promoting non Oil Export in Nigeria. It was established through the Nigerian Export Decree No.  26  of  1976
17 NIGERIAN ELECTRICITY REGULATORY COMMISSION (NERC) NERC is an independent regulatory agency which was established by the Electric Power Sector Reform Act 2005 and is mandated to carry out the monitoring and regulation of the electricity industry, issuance of licences to market participants, and  to ensure compliance with market rules and operating guidelines.
18 MINISTRY OF FOREIGN AFFAIRS (MFA) The Ministry of Foreign Affairs (MFA) by the provision of the constitution of the Federal Republic of Nigeria is the statutory organ of Government charged with the primary responsibility of formulating, articulating and conducting Nigeria’s Foreign Policy.
19 NATIONAL PLANNING COMMISSION NPC was established by Act No. 71 of 1993 to among other things determine and advice on policies that will best promote national unity and integration and sustain the Nigerian nation.
20 DEPARTMENT OF PETROLEUM RESOURCES Established by the Petroleum Act 1969, with the statutory responsibility of ensuring compliance to petroleum laws, regulations and guidelines in the Oil and Gas Industry.This involves monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals, refineries, storage depots, pump stations, retail outlets etc
21 ODU’A INVESTMENT COMPANY LIMITED Odu’a Investment Company Limited was incorporated in July, 1976 to take over the business interests of the former Western State of Nigeria now comprising Oyo, Ogun, Ondo, Osun and Ekiti including Lagos State.The Company was established to promote the socio-economic and industrial growth of the host States and create employment opportunities.
22 NEW NIGERIA DEVELOPMENT COMPANY (NNDC) NNDC is a Development Finance Institution (DFI) owned by the (19) states that constitute the Northern Region of Nigeria. The company was established in 1949 to contribute to the Socio-Economic development of the region.
23 SOUTHEAST/SOUTH SOUTH REGIONAL DESK The Southeast/South-south Regional Desk is an innovation by NIPC at OSIC, established on march 16 th , 2009 as part of the Commission’s proactive strategy to facilitate and fast-tracking inflow of foreign and local investment into the eleven(11) states of the SE/SS regional block.
24 PHARMACISTS COUNCIL OF NIGERIA (PCN) PCN is the agency statutorily charged with the responsibility for the regulation and control of the Practice of Pharmacy in Nigeria.
25 NIGERIAN COPRYRIGHT COMMISSION (NCC) NCC is the Anti-Piracy and Enforcement agency for Intellectual Properties in Nigeria.The agency plays an important role in the maintenance of effective databank of authors, their works and the monitoring of the copyright Industry.
26 MANUFACTURERS ASSOCIATION OF NIGERIA (MAN) MAN is the focal point of communication and consultation between industry on one hand and the Government and the general public on the other hand
27 INFRASTRUCTURE CONCESSION REGULATORY COMMISSION The strategic objective for the Infrastructure Concession Regulatory Commission (ICRC) is to accelerate investment in national infrastructure through private sector funding by assisting the Federal Government of Nigeria and its Ministries, Departments, and Agencies (MDAs) to implement and establish effective Public Private Partnership’s (PPP) procurement.The scope of the Federal Government’s programme for PPP is the creation of new infrastructure and the key expansion and refurbishment of existing assets at the federal level.


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