An updated version of the Policy Framework for Investment (PFI) was released in 2015. The update reflects new global economic fundamentals that have emerged over the last 10 years and takes into account the numerous lessons learnt through the use of the PFI, particularly in developing and emerging economies.
Reviews were launched in 2014 and are close to completion. The texts of the revised draft Principles and Guidelines are expected to be approved by the Corporate Governance Committee in May 2015.
This Investment Policy Review examines Nigeria's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.