Pursuant To Freedom Of Information Act: NIPC Makes Q2 2021 Mandatory Disclosure

In its poise to ensure it heeds to Freedom of Information (FOI) Act, the Nigerian Investment Promotion Commission (NIPC) said it had placed mandatory disclosure of its operations on its website in accordance with the requirements of the Act.

The NIPC management on Tuesday in a statement listed the mandatory disclosures, most of which covered the second quarter, 2021 reports (April-June 2021) as placed on its websites: https://nipc.gov.ng/ for general public access.

According to the NIPC management, the mandatory disclosures cover the Pioneer Status Incentive Report, list of companies registered under the NIPC Act and list of court cases that NIPC is involved in.

The management noted that it equally included the Memorandum of Understanding (MoU) and Agreements signed by NIPC, Procurements Records, Nominal Roll and its summaries as well as Appropriation budget performance.

It further stated that it covered the report of its One Stop Investment Centre (OSIC), Internally Generated Revenue vs Budget, IGR and Expenditure.

It added that it covered Training (capacity building), Summaries of all FOI enquiries and H1 2021 report of investment announcements in Nigeria.

The News Agency of Nigeria reports that NIPC had emerged the second best for the second consecutive year of the Ministries, Departments and Agencies (MDAs) assessed at the 2020 National FOI Compliance and Transparency Ranking.

Out of the 213 MDAs assessed in 2020, NIPC had the most consistent ranking from 2019.

It thus maintained its leadership position due to its compliance with proactive disclosure of information and transparency.