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Udo Udoma & Belo-Osagie
On December 18, 2019, about four months before the tenth anniversary of the enactment of the Nigerian Oil and Gas Industry Content Development Act, 9 members of the National Assembly, including the current speaker ...
LeLaw Barristers & Solicitors
January, 2004: Wole Obayomi, my boss at KPMG's Tax and Business Regulatory Services Group had written on an article...
LeLaw Barristers & Solicitors
The success of Nigeria's planned economic growth and development is substantially hinged on improvements within the power sector.
S.P.A. Ajibade & Co.
For a vertically integrated Nigerian Electricity Supply Industry ("NESI") where the generation, transmission and distribution companies operate as a monopoly in their respective areas of license
S.P.A. Ajibade & Co.
The Nigerian Electricity Regulatory Commission ("NERC" or "the Commission") had planned by its December 2019 Minor Review of Multi-Year Tariff Order of 2015 and Minimum Remittance Order...
LeLaw Barristers & Solicitors
The Federal Government recorded a notable achievement on January 13th 2020 when President Buhari signed the Finance Act No. 1 of 2020 into law.
LeLaw Barristers & Solicitors
This article analyses the fiscal implications of A-G Rivers on Nigeria's oil and gas sector, including dealing with the associated complexities of the ‘peculiar' judgment. We will preface our discourse with contextual background to the judgment.
Solola & Akpana
The Lagos State Governor, Governor Akinwunmi Ambode recently signed the Lagos State Electric Power Sector Reform Bill into Law (the Law) making Lagos State the first...
Deal HQ Partners
The Nigerian Content Development and Enforcement Bill seeks to promote indigenous participation in key sectors of the economy (Information and Communications Technology, Mining, Construction, Oil and Gas and Power.
Brooks & Knights
The year 2019 represented an active year for regulatory oversight in the Nigerian Electricity Supply Industry (NESI). NESI saw some very newsworthy events as it continued to suffer from...
Brooks & Knights
The Nigerian Electricity Regulatory Commission (NERC) has announced that taking effect from 1 April 2020, it will be implementing reviewed electricity tariffs in line with its Multi-Year Tariff Order.
PwC Nigeria
This publication is the first of a three-part series on the Nigerian Gas sector. The series aims to highlight the industry issues and challenges as well as assess the opportunities across the value-chain in addition to ...
Fred-Young & Evans
With the advent of the Renewable Energy in the 21st century and the privatisation of the Nigerian Power Sector, there have been new policies, reforms in the Sector.
TNP
The President of the Federal Republic of Nigeria, Muhammadu Buhari, on 4th November 2019, signed the Deep Offshore and Inland Basin Production Sharing Contracts Bill into law.
Taxaide Professional Services Ltd
I'm not exactly a fan of this phrase.
AO2 Law
The PSC Amendment Act provides for stiff penal provisions with regards to its violation.
Deloitte Nigeria
The Nigerian Senate recently passed the Deep Offshore and Inland Basin Production Sharing Contract Act 2004 (Amendment) Bill, 2019 (the Bill).
S.P.A. Ajibade & Co.
It is well known that transactions and projects in the oil and gas industry are capital intensive. Thus, stakeholders usually pool resources together to execute projects in the industry.
S.P.A. Ajibade & Co.
The financiers will usually use different Finance Structuring Tools by way of various back to back agreements, one or some of which give(s) the financier the right, authority and option of taking...
S.P.A. Ajibade & Co.
The 2 recent cases which highlight the issues arising in the transfer, assignment and acquisition of interests in oil and gas assets in Nigeria induced by insolvency are the cases of Afren...
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