Nigerian Enterprises Promotion Act 1989

Arrangement of Sections

1. NIGERIAN ENTERPRISES PROMOTION ACT

2. For the purposes of section 1 of this Act, an enterprise shall be deemed to be an alien en

3. (1) As from the commencement of this Act, no enterprise to which section 1(1) of this Act

4. (b) a representative of the Nigerian Stock Exchange; and

5. (a) in the case of a partnership, be construed as a reference to the partners of the body concerned; and

6. Notwithstanding the provisions of section 5 of this Act, the Minister or the Allotment Com

7. (1) Without prejudice to the operation of any enactment, there shall be appointed by the M

8. (1) If the Minister is satisfied that-

9. (1) Where, on or after the commencement of this Act, any alien continues to be the owner o

10. (b) in the case of a company, if the certificate of registration or business permit of the company is cancelled; and

11. (1) The Minister may with the prior approval of the National Council of Ministers as from

12. (1) Any person who-

13. (1) Any person found guilty of an offence under this Act for which no penalty is provided

14. Subject to section 160 of the Constitution of the Federal Republic of Nigeria, as amended,

15. (1) The Minister may make regulations generally for the purpose of giving effect to the pr

16. (e) prescribing any fees payable under this Act; and

17. (1) In this Act, unless the context otherwise requires, the following expressions have the

18. (1) The Nigerian Enterprises Promotion Act 1977, is hereby repealed and the Nigerian Enter

19. This Act may be cited as the Nigerian Enterprises Promotion Act. Short title.

20. SCHEDULESection 1

21. Manufacturers’ representatives.

22. Manufacture of suitcases, brief cases, handbags, purses, wallets, portfolios and shopping

23. Municipal bus services and taxis.

24. Newspaper publishing and printing.

25. Office cleaning.

NIGERIAN ENTERPRISES PROMOTION ACT

1989

An Act to re-enact the Nigerian Enterprises Promotion Act of 1977, dissolve the Board established thereby and to vest its powers in the Minister for Industries and to re-schedule all enterprises under one schedule. [29th December, 1989] Commencement.

NIGERIAN ENTERPRISES PROMOTION ACT

1. (1) Subject to subsection (2) of this section, all enterprises specified in the Schedule to this Act are hereby exclusively reserved for Nigerian citizens or associations and accordingly no such enterprise shall be established in Nigeria by an alien on or after the commencement of this Act.