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NIGERIAN ENTERPRISES PROMOTION (ISSUE OF NON-VOTING EQUITY SHARES) ACT

Section 2: Purpose.

1989Section 2 of 16•Federal Republic of Nigeria

The purpose of the shares issued pursuant to section 1 of this Act shall be to provide investment opportunities to-(a) existing foreign partners in companies quoted on the Exchange;
(b) international institutional investors;
(c) individuals (whether such individuals are citizens of Nigeria or not and whether resident in Nigeria or not).

Cite this section

Section 2, NIGERIAN ENTERPRISES PROMOTION (ISSUE OF NON-VOTING EQUITY SHARES) ACT (1989).

https://repo.podus.ai/laws/nigerian-enterprises-promotion-issue-of-non-voting-equity-shares-act/section/2/