Contact Numbers: +234 906 248 5445 or | +234 906 248 5446
To be a responsible Agency of Government with a commitment to deliver assigned service to the Industrial Sector of the economy through prompt response to requests for inspection and issuance of qualifying capital expenditure Certificates.
a) To conduct unbiased investigations and project evaluation into Companies capital investment proposals for tax, equity restructuring, mergers and buy over using the cost approach, the market approach and income/financial analyses, through physical inspection, technical reporting and engineering valuation of industrial plants, machinery, equipment and civil works.
b) To control and monitor importation of capital goods and machinery into the Country by keeping records of their prices and comparing them with the prices of similar goods and machinery in other countries.
The Industrial Inspectorate Department (IID) derives its mandate from the Industrial Inspectorate Act CAP 18 LFN 2004 as well as Section 6 of the Industrial Development (Income Tax Relief) Act CAP 17 LFN 2004.
Essentially, the mandate is to develop and implement the following initiatives which are critical to rapid industrialization.
I) Industrial incentive & management
II) Industrial data management
III) Industrial investment monitoring and evaluation
A. The main functions of the Department include:
i) Carrying out investigations into any proposed, new and existing undertaking involving any proposed capital expenditure and in particular for the purpose of determining the investment valuation of the undertaking that is:
– The actual capital (whether foreign or local) employed or proposed to be employed in the undertaking.
– The actual valuation of buildings, plants and other machinery employed or proposed to be employed in the undertaking and any addition thereto.
ii) Obtain necessary information on economic trends in the country and for this purpose the department shall:
– Prepare and keep detailed records of matters relating to any undertaking investigated;
– Keep records of all industrial plant and equipment in the country, their value and value of similar plant and equipment in other countries.
iii) Offering technical assistance to other Ministries and Government Agencies in the area of:
– Post-Landing charges investigation through requests from the Central Bank of Nigeria;
– Certificate of Value investigation for machinery & equipment brought in by companies as equity contribution.
– Production Day Certification for the issuance of Pioneer Status by the Nigerian Investment Promotion Commission.
iv) Carrying out Engineering Valuation, Cost Engineering & Engineering Economy activities.
v) Supervision of industrial Parastatals as assigned by the Ministry.
3. DIVISIONS AND ZONAL OFFICES
The Industrial Inspectorate Department has six (6) Divisions and Nine (9) Zonal Offices.
1. Agro and Agro-allied Industries Division
2. Chemical Industries Division
3. Engineering Industries Division
4. Industrial Technical Services Division
5. Service Industries Division
6. Abuja Zonal Office Division
3.2 Zonal Offices
The zonal offices and their coverage are as follows:
Lagos – Lagos State
Agbara – Ogun State
Ibadan – Ogun State, Oyo State, Osun, Kwara State
Abuja – FCT, Niger State, Nassarawa State
Benin – Edo State, Delta, Ondo, Ekiti State
Enugu – Enugu State, Anambra State, Kogi State,
Ebonyi State, Imo State
P/Harcourt Rivers State, Abia State, Bayelsa State, Akwa Ibom,
Kano – Kano State, Jigawa, Borno, Yobe, Kaduna
Kaduna – Kaduna State, Sokoto, Zamfara, Kebbi State
Jos – Plateau State, Benue State, Adamawa State,
4. BENEFITS DERIVED FROM THE SERVICES OFFERED BY THE DEPARTMENT
The services rendered by the Department convey various Industrial incentives to deserving companies. These benefits have the net effect of stimulating industrial growth and promoting robust industrial activities in the country.
i) Acceptance Certificate: This certifies the actual amount expended on an undertaking. It serves as a guide for determining the Capital Allowance granted to deserving companies by the Federal Inland Revenue Service.
ii) Production Day Certificate: In accordance with Industrial Development (Income Tax Relief) Act CAP 117 LFN 2004 (Decree 22 of 1971), this certificate conveys the date a Pioneer Company can commence its tax holiday for a period of three years in the first instance.
iii) Certificate of Value: This certifies the actual amount of capital brought into the country as capital or equity contribution by way of machinery and equipment.
iv) Post Landing Charges: These relate to the aspects of contract agreements with an overseas plants and equipment supplies which is executed onshore i.e. erection, installation, project management, training and commissioning vide CBN Circular No. TED/106AD/106/97 of 3/12/1997.
v) Customs Clearance Certificate> This certificate when presented to the Nigerian Customs Services confirms that the machinery and equipment being imported into the country by the manufacturers are for industrial and manufacturing purposes.
It also gives the value of a second hand machinery based on which Customs calculate the duty payable.
Industrial Inspectorate Department
1st August, 2017