Canada-Nigeria Foreign Investment Promotion and Protection Agreement

Background

Canada and Nigeria began and completed Foreign Investment Promotion and Protection Agreement (FIPA) negotiations in April 2013 in Abuja, Nigeria. The Agreement was signed by Canada’s Minister of Development, Christian Paradis and the Nigerian Minister of Industry, Trade and Investment, Olusegun Olutoyin Aganga on May 6, 2014 in Abuja, Nigeria.

A bilateral FIPA will provide greater predictability and certainty for Canadian investors considering investment opportunities in Nigeria. Canada’s objective in entering these negotiations is to secure a comprehensive, high-quality agreement which will protect investors through the establishment of a framework of legally binding rights and obligations.

Related Links

• Agreement Between Canada and the Federal Republic of Nigeria for the Promotion and Protection of Investments
• Canadian Trade Commissioner Service in Nigeria
• Canada and Nigeria
• Export and Development Canada - Country Info: Nigeria

Contact Point

If you have questions or comments, please contact Global Affairs Canada at:

Investment Trade Policy Division (TNI)
Global Affairs Canada
Lester B. Pearson Building
125 Sussex Drive
Ottawa, Ontario K1A 0G2
Fax: 613-944-0679
E-mail: consultations@international.gc.ca