NDPHC Resumes NIPP GENCO Privatisation Process
The Federal Government of Nigeria (FGN) recently announced that it will be recommencing the process for the privatization of three electricity generation assets, viz:
(i) a 634MW gas plant located in Calabar, Cross River State;
(ii)...
Azura-Edo IPP – The Benchmark for IPP Development in Nigeria
KEY HIGHLIGHTS
• Experienced project development consortium
• Bankable offtake contract
• Supranational, federal and state government support
• Reputable EPC contractor
• Solid gas supply arrangements
• Strong bench of advisers for the government, lenders and the Project
The Azura-Edo...
Marginal Fields: What happens to the operator when an OML is revoked?
Word is out that the Federal Government of Nigeria is set to commence a new bid round for the allocation of marginal fields. Thinking about marginal fields, essentially a small area of a wider...
CBN Guidelines on Importation
In an effort to ensure the stability of Nigeria’s foreign exchange market, the Central Bank of Nigeria ( CBN ), has issued a series of circulars excluding certain goods and services from the list...
Business in Nigeria – current state of play
Nigeria has been ranked the nineteenth most attractive economy for investments flowing into the African continent.
In 2015, it was estimated that Nigeria attracted a net foreign direct investment of US$3.1 billion. Although the Nigerian...
National Gas Policy – Series I(Governance and Industry Structure)
Background
The first half of 2017 ended on a positive note with the approval by the Federal government of Nigeria (FGN), of the National Gas Policy (the Policy) which articulates Government’s medium to long-term targets...
Lagos State Public Private Partnership
Introduction
On 24 June 2011, the Lagos State Government passed into law the Public Private Partnership Law 2011 (PPP Law). The PPP Law which is the State Government’s latest attempt to further refine the legal...
Cybersquatting Under the Nigerian Law
Introduction
As aptly noted by W. Cornish & D. Llewellyn, in their book, Intellectual Property: Patents, Copyright, Trademarks and Allied Rights, Sixth Edition, Sweet & Maxwell, London, p.862:
“As E-commerce has grown, the internet has become...
A Review of the Asset Management Corporation Act, 2010
A Review of the Act
The Asset Management Corporation of Nigeria Act, 2010 (AMCON Act) was
recently signed into law by the President of the Federal Republic of Nigeria, Dr
Goodluck Ebele Jonathan on 19 July 2010....
Securities and Exchange Commission Issues New Rules
On April 28, 2010, the Securities and Exchange Commission (SEC) took another step
towards the bridging of some of the gaping gaps that currently exist in securities
regulation in Nigeria, through the issuance of new SEC...