Saturday, October 25, 2014

THE DELTA STATE ONE STOP SHOP FOR INVESTORS (DSOSSI)

Description

The Delta State One Stop Shop For Investors (DSOSSI), was unveiled by His Excellency, Governor of Delta State, Dr. Emmanuel Eweta Uduaghan during the 2nd South-South Economic Summit, Asaba on April 26, 2012.


Concept:
• An investment facilitation mechanism where relevant government agencies are brought to one location, coordinated and streamlined to provide prompt, efficient and transparent services to investors;
• It shortens and simplifies administrative procedures and guidelines for issuance of business approvals, permits and licenses, thereby removing bottlenecks faced by investors in establishing and running businesses.

The operations of the DSOSSI formally commenced with the official commissioning of the programme by the Governor. The centre was established by the Delta State Government to match the growing interest of Investors in our economy.

The objectives of DSOSSI include the following:
• To substantially reduce the cost of entry into Business in Delta State
• To simplify procedural steps for obtaining business approvals
• To shorten service delivery time without undermining the policy objectives of the participating Agencies/Ministries
• To ensure transparency
• To provide Investment Information and Advice to Investors promptly
• To fast-track public sector reform that will result in more attractive business environment.
• To maintain close and professional working relationship among government Agencies/Ministries in support of investors.

The list of participating government agencies include: Corporate Affairs Commission (CAC), Nigeria Immigration Service (NIS), Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), Central Bank of Nigeria (CBN) and Ministry of Finance.

Others include: National Agency for Food and Drug Administration and Control (NAFDAC), Standards Organisation of Nigeria (SON), Nigeria Export Promotion Council (NEPC), Raw Material Research Development Commission (RMRDC), National Directorate of Employment (NDE) and Ministry of Commerce and Industry. The Delta State Integrated Development Agency, (DIDA), Ministry of Lands, Survey and Urban Development and the Ministry of Economic Planning are also included in the list of participating Government Agencies.

The Success of the One Stop Shop Process in Delta State depends largely on the ability of all the Ministries and agencies involved in investment facilitation to appreciate the need to comprehensively re-engineer and reform their individual administrative processes beyond the DSOSSI in order to serve investors promptly, efficiently and transparently.
https://www.facebook.com/deltastateonestopshopforinvestors

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