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OALP Legislative Tracker: March 2022 Lookback Review

We remain committed to keeping you informed of germane legislative activities via our legislative tracker series. We are excited about this March edition which wraps up an enlightening first quarter of 2022.

SUPREME COURT REITERATES THAT WHERE A PARTY ADMITS LIABILITY AND FAILS TO PAY, THERE...

Our newsletter examines the Supreme Court’s decision in Sakamori Construction (Nig) Ltd v. Lagos State Water Corporation LPELR-56606(SC). The apex Court held that the dispute which parties to an arbitration agreement...

NIGERIAN MARITIME INDUSTRY WRAP-UP 2021

It is beyond cavil that the Covid-19 pandemic had a very deleterious impact on the Nigerian maritime industry in 2020, however measures by the Nigerian government and relevant stakeholders in the industry...

OALP DISPUTE RESOLUTION PRACTICE QUARTERLY NEWSLETTER – 1ST QUARTER 2022

The lifeblood of every nation is commerce; it regulates the flow of capital and determines the quality of life of its citizens. While commerce is critical, and policies are made to encourage...

FEDERAL MINISTRY OF ENVIRONMENT INTRODUCES ENVIRONMENTAL AND SOCIAL MANAGEMENT PLAN (ESMP) GUIDELINES FOR SOLAR...

On 15th March, 2022, the Federal Ministry of Environment (“FMEnv”) in exercise of the powers conferred on it by the Environmental Impact Assessment (EIA) Act, launched the Environmental and Social Management Plan...

FREQUENTLY ASKED QUESTIONS ON EMPLOYEE SHARE AND STOCK COMPENSATION PLAN

We have prepared these Frequently Asked Questions (FAQs) to address some of the general issues, and concerns that employers and employees have in relation to the issuance and administration of employee share...

NEWSLETTER ON THE DRAFT GUIDELINES FOR THE REGISTRATION AND OPERATION OF BANK NEUTRAL CASH...

In a bid to reduce cost and improve operational efficiency in the country’s cash management value chain and to promote a sound financial system in Nigeria, the Central Bank of Nigeria (CBN)...

UNBUNDLING THE PIA: HOST COMMUNITIES DEVELOPMENT

The host community development provisions in the Petroleum Industry Act 2021 (PIA) remain a focal topic of discourse amongst stakeholders in the Nigerian oil and gas industry. The reason for this is...

OALP Legislative Tracker: February 2022 Edition

We are pleased to bring you the February edition of the legislative tracker. In this edition, we provide synoptic insights into the legislative activities of the National Assembly, identifying bills currently being...

THE FEDERAL GOVERNMENT OF NIGERIA IS SET TO FACILITATE THE DEVELOPMENT OF A 4000MW...

The Federal Government of Nigeria (FGN) recently announced the commencement of a bid process for the construction of a 4000MW nuclear power plant, as part its plans to bridge the energy gap...