Meet our Partnering Agencies
The council is made up of four at-large councilors that represent the entire City, and nine district councilors that represent specific areas of the City.
SMALL & MEDIUM ENTERPRISES DEVELOPMENT AGENCY OF NIGERIA (SMEDAN)
The mandate of SMEDAN as contained in the enabling Act can be summarized as follows:
- Stimulating, monitoring and coordinating the development of the MSMEs sub-sector;
Initiating and articulating policy ideas for small and medium enterprises growth and development;
- Promoting and facilitating development programmes, instruments and support services to accelerate the development and modernization of MSME operations…
NIGERIA EXPORT PROMOTION COUNCIL
The Nigerian Export Promotion Council (NEPC) is the Federal Government of Nigeria’s apex institution for the promotion, development and diversification of exports. NEPC has over the years worked to achieve its mandate by:
- Coordinating and harmonizing export development and promotion activities in the country
- Taking the lead in all national export programs
- Interfacing with international trade agencies on cooperation and capacity building
NIGERIAN EXPORT IMPORT BANK (NEXIM BANK)
The bank presently provides short- and medium-term loans to Nigerian exporters. It also provides short term guarantees for loans granted by Nigerian Banks to exporters as well as credit insurance against political and commercial risks in the event of non-payment by foreign buyers. The Bank is also the government’s National Guarantor under the ECPWAS inter-state Road Transit programme.
CORPORATE AFFAIRS COMMISSION
The functions of the Commission include the following:
- To administer the Act, including the regulation and supervision of the formation, incorporation, management and winding up of companies
- To establish and maintain companies’ registry and offices in all the states of the Federation suitably and adequately equipped to discharge its functions under the Act or any law in respect of which it is charged with responsibility
- Arrange and conduct an investigation into the affairs of any company where the interests of the shareholders and the public so demand
- To undertake such other activities as are necessary or expedient for giving full effect to the provisions of the Act.
- The Commission also registers Business Names, and Incorporated Trustees as well as provides a wide range of ancillary services
NATIONAL AGENCY FOR FOOD AND DRUG ADMINISTRATION AND CONTROL
NAFDAC regulate and control the manufacture, importation, exportation, distribution, advertisement, sale and use of Food, Drugs, Cosmetics, Medical Devices, Packaged Water, Chemicals and Detergents (collectively known as regulated products).
Major Functions include:
- Conduct appropriate tests and ensure compliance with standard specifications designated and approved by the Council for effective control of quality of regulated products and their raw materials as well as their production processes in factories and other establishments;
- Undertake appropriate investigation into the production premises and raw materials for regulated products and establish relevant quality assurance systems, including certification of the production sites and of the regulated products
BANK OF INDUSTRY (RC .2019)
Following a successful institutional, operational and financial restructuring programme embarked upon in 2002, the bank has transformed into an efficient, focused and profitable institution that is well placed to effectively carry out its primary mandate of providing long term financing to the industrial sector of the Nigerian economy. Our major functions include:
- To provide short, medium- and long-term loans to small, medium and large scales companies, enterprises or projects.
- To carry on the business of assisting enterprises engaged in industry, commerce, technologies, Agriculture and exploitation of natural resources in Nigeria through assisting in the creation, expansion, modernization and rehabilitation of such companies or enterprises.
NATIONAL INFORMATION TECHNOLOGY DEVELOPMENT (NITDA)
Our role therefore is to develop, regulate and advise on Information technology in the country through regulatory standards, guidelines and policies. Additionally, NITDA is the clearing house for all IT projects and infrastructural development in the country. It is the prime Agency for e-government implementation, Internet governance and general IT development in Nigeria.
BANK OF AGRICULTURE
Founded 1973, as the Nigeria Agricultural Bank. 2000, merged with peoples Bank of Nigeria. Name change to bank of Agriculture Limited.
40%: Central Bank of Nigeria.
60%: federal ministry of finance.
BoA major functions include:
- Provision of agricultural credit to support all agricultural value chain activities.
- Provision of non-agricultural micro credit
- Savings mobilization
- Capacity development through promotion of co-operatives, agricultural information systems, and the provision of technical support and extension services.
- Provision of opportunities for self-employment in the rural areas, thereby reducing rural-urban migration.
- Inculcation of banking habits at the grass-roots of the Nigerian society.
FEDERAL INLAND REVENUE SERVICE
The statutory functions of the service as enumerated in section 8 of the FIRS Establishment Act, 2007 as follow.
- Asses, Collect, account and enforce payment of taxes as they as may be due to the government or any of its agencies.
- In collaboration with the relevant ministries and agencies, review the tax regimes and promote the application of tax revenue to stimulate economic activities and development;
- In collaboration with the relevant law enforcement agencies carry out examination and investigation with a view to enforcing compliance with the provision of this evasion;
- Adopt measures to identify, trace, freeze, confiscate or seize proceeds derived from tax fraud or evasion;
- Collaborate and facilitate rapid exchange of information with relevant national or international agencies or bodies on tax matters;
- Collate and continually review all policies of the federal government relating to taxation and revenue generation’
- Issuance of tax identification number (TIN) to taxpayers
STANDARD ORGANIZATION OF NIGERIA
YEAR OF ESTABLISHMENT: 1971
LAW ESTABLISHING ORGANIZATION.
SON is currently governed by the Standard Organization of Nigeria (Repeal and Re-enactment) Act of 2015.
SON has the power to designate, establish and approve standards in respect of metrology, materials, commodities, structures and processes for the certification of products in commerce and industry throughout Nigeria and to carry out any other functions imposed on it under this Act or any other written law; power to make rules.
SON has the power to organize tests, investigate into the quality of facilities, materials and products, ensure reference standards for calibration and verification of measures and measuring instruments, register and regulate standard marks and specifications, etc.
Some of the regulatory requirements include:
- The mandatory SONCAP PROGRAMME (Offshore Conformity Assessment Programme) for imported goods.
- The mandatory MANCAP Programme (Mandatory Conformity Assessment Programme) for locally manufactured products.
- The Mandatory Products Registration Programme
THE INDUSTRIAL TRAINING FUND
LAW ESTABLISHING THE FUND
The fund was established by decree No. 47 of 8th October, 1971 (as amended up tom date) and mandated to;
ITF is funded and giving the responsibility to provides Direct Training, Vocational and Apprentice Training, Research and Consultancy Service, Reimbursement of up to 50% Levy paid by employers of labour registered with it, and administers the Students Industrial Work Experience Scheme (SIWES). It also provides human resource development information and training technology service to industry and commerce to enhance their manpower capacity and in-house training delivery effort.
The main thrust of ITF programmes and services is to stimulate human performance, improve productivity, and induce value-added production in industry and commerce.
DEVELOPMENT BANK OF NIGERIA
Development bank of Nigeria (DBN) was conceived by Federal Government Nigeria I collaboration with some international financial institution comprising of, Word Bank, African Development Bank, European investment Bank (EIB), German Development Bank (KFW) and French Agency for Development (AFD) address financing challenge facing micro, small and medium enterprises (MSMEs) in Nigeria.
MSMEs sector is widely recognized as the engine of the economy growth and development, especially in like Nigeria. However, less than 5% of the business have access to credit financial system. Development Bank of Nigeria provides sustainable financing through eligible participating financial institution (i.e commercial bank, micro finance banks Development Finance institution and other financial institutions) who in turn lend to end -borrowers- micro, small and medium enterprises MSMEs.
With vision to be Nigeria primary Development Finance Institution (DFI); promoting and sustainability, DBN seeks to fulfil its core mandate of lending to MSMEs. The DBN loan cuts across all sectors and seeks to achieve one pf the central bank of Nigeria sustainable banking principles (Financial inclusion) the united Nations sustainable development goals as well as the economic recovery and growth plan (ERGP) of the federal government of Nigeria.
RAW MATERIAL RESEARCH AND DEVELOPMENT COUNCIL
- Draw up policy guidelines and action programmes on raw materials acquisition, exploitation and development;
- Review from time to time, raw material resources availability and utilization with a view to advising the Federal Government on the strategic implication of depletion, conservation or stock-pilling of such resources;
- Advise on adoption of machinery and processes for raw materials utilization;
- Encourage publicity of research findings and other information relevant to local sourcing of raw materials for industries;
- Encourage growth of implant research and development capabilities;
- Advise on and devise awards or systems for industries that achieve any break-through or make innovations and inventions;
- Organize workshops, symposia and seminars from time to time designed to enlighten people on new developments and solutions discovered;
- Consider and advise on special research grants for specific objectives, and
- Consider and advise on any other issue capable of enhancing the objectives of the Council.
ACCESS BANK PLS
Access Bank plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator.