Mondaq Middle East & Africa - Nigeria: Energy and Natural Resources
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...
S.P.A. Ajibade & Co.
Recently, 3 persons who are close to the writer shared their respective experiences with their electricity distribution companies (Discos) concerning lack of electricity meters...
TNP
There is no doubt that estimated billing needs to be eliminated.
Andersen Tax LP
Within the last decade, the Nigerian upstream sector witnessed significant transactions involving the sale of interests in oil licenses.
Banwo & Ighodalo
With a population of approximately 186 million as at 2016, Nigeria has an installed capacity of 12,500MW and a meagre available generating capacity hovering around 7,000MW.
AO2 Law
On 29 December 2017, the Nigerian President signed into law the Niger-Delta Development Commission (Establishment)(Amendment) Act ("Amendment Act").
AO2 Law
On Thursday, February 8, 2018, the Executive Governor of Lagos State, Akinwunmi Ambode signed the Lagos State Electric Power Sector Reform bill into law (the "Law").
Perchstone & Graeys
In 2018, the Nigerian energy sector presented itself as one with considerable potential to return high yields on investment.
Andersen Tax LP
The contributions of the oil and gas sector is integral to the economic growth and development of a country's economy.
Primera Africa Legal
The Tripartite contract only becomes binding on all parties upon the approval of the NERC.
AO2 Law
Further to the release of the Flare Gas (Prevention of Waste and Pollution) Regulations, 2018 and the subsequent re-launch of the Nigerian Gas Flare Commercialisation Programme ("NGFCP")
Andersen Tax LP
The NOGICDA, enacted in 2010, governs the administration and enforcement of Nigerian content in the Nigerian oil and gas industry.
Banwo & Ighodalo
Recently, the Department of Petroleum Resources issued a tetrad of Guidelines in furtherance of the objectives of the Flare Gas (Prevention of Waste and Pollution) Regulations, 2018.
S.P.A. Ajibade & Co.
Profit is the motive of every business and for any business owner to realize profit from an undertaking the production cost must be less than the sales cost.
Andersen Tax LP
By virtue of this judgment, the Federal Government is expected to increase its revenue share from the sale of crude oil at any point that the price of crude goes above $20 per barrel.
Resolution Law Firm
Quarry means an excavation or system of excavations made for the purpose of or in connection with the obtaining of stone, sand, granite, chalk, clay, flint, gravel, gypsum, limestone, marble, marl, quartz ...
Gbenga Biobaku & Co
The company shall be governed by a Board comprising of solid individuals with proven integrity, relevant experience and competencies to effectively deliver its functions.
Benchmac & Ince
Nigeria as we saw in the last part of this series is endowed with vast and varied natural resources which can be used to produce green energy.
Most Popular Recent Articles
Primera Africa Legal
The Tripartite contract only becomes binding on all parties upon the approval of the NERC.
Banwo & Ighodalo
With a population of approximately 186 million as at 2016, Nigeria has an installed capacity of 12,500MW and a meagre available generating capacity hovering around 7,000MW.
Africa Law Practice
Appropriate management of solid minerals should translate or some say return Nigeria from just a minerals country to a mining country.
Gbenga Biobaku & Co
The company shall be governed by a Board comprising of solid individuals with proven integrity, relevant experience and competencies to effectively deliver its functions.
AELEX
In a bid to drastically cut down gas flaring and convert flared gas to economic use, the Federal Government of Nigeria (FGN) has launched the Nigerian Gas Flare Commercialization Programme (NGFCP).
Perchstone & Graeys
In 2018, the Nigerian energy sector presented itself as one with considerable potential to return high yields on investment.
AO2 Law
On 29 December 2017, the Nigerian President signed into law the Niger-Delta Development Commission (Establishment)(Amendment) Act ("Amendment Act").
Fred-Young & Evans
Power is still a major problem in Nigeria. This is because many businesses who cannot survive its teething challenges blame power as the main cause of their business failure.
Banwo & Ighodalo
There are high prospects of growth for the solid minerals sector.
Andersen Tax LP
Within the last decade, the Nigerian upstream sector witnessed significant transactions involving the sale of interests in oil licenses.
Odujinrin & Adefulu
The Regulations 2018 takes precedence over regulations issued by the Minister of Petroleum Resources prior to 2018.
AELEX
In a bid to discourage meter tampering and reduce collection losses to electricity distribution companies, NERC has issued the NERC Order on Unauthorised Access, Meter Tampering and By-Pass.
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