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UNECA

UNECA ­OALP Partnership – Bridging the African Infrastructure Gap

Africa has, in many ways, experienced a seismic shift in the past 40 – 50 years. Today, it hosts the fastest growing economies in the world – however, this has not translated to significant...
NERC Regulations

NERC Regulations on Eligible Customers

In May 2017, the Honourable Minister for Power, Works and Housing made a policy declaration as to the categories of persons to be regarded as Eligible Customers in the Nigerian Electricity Supply Industry (NESI)...
Eko Jetty

Lagos Midstream Jetty To Save N43bn Annually

ASPM Limited, a subsidiary of OVH Energy Limited, has achieved a ground-breaking milestone as it launched its Lagos Midstream Jetty (LMJ) located at the Lagos Apapa Harbour. The Lagos Midstream Jetty is West Africa’s first...
recent developments

Recent Developments on Base Erosion and Profit Shifting Multilateral Convention

Base erosion and profit shifting ( BEPS ) are tax avoidance strategies that are adopted by multinational enterprises ( MNEs ) to take advantage of the mismatches and gaps that exist in the tax...

Tax disputes in the Oil & Gas Sector – Are they subject to arbitration?

The relevance of arbitration in an increasingly globalized economic structure cannot be overemphasized. However, the question of arbitrability of tax disputes has long been the subject of sustained debates in legal circles. In particular,...
NERC Regulations for Mini-Grids

The NERC Regulations for Mini-Grids.

With her energy demand outstripping supply, and transmission constraints and other challenges plaguing her on-grid electricity market, Nigeria has begun to adopt policy initiatives aimed at supporting the commercialisation and rapid deployment of mini-grids...

Vessel operating expenses incurred while under detention by pirates are allowable in general average

General average, as a concept of antiquity, emerged before the advent of marine insurance as an independent mechanism for the redistribution of losses suffered and expenses incurred for safety from peril of the common...
Mining in Nigeria

Mining – The New Nigerian Frontier

For many decades, crude oil has been the primary source of Nigeria’s wealth and indeed the mainstay of the Nigerian economy. The inherent dependency risk in this trend has been heightened by the steady...
NESG

The Nigerian Economic Summit, 2017 – Key Takeaways

As Nigeria seeks to sustain its recovery from its first economic recession in over two decades, the nation’s economic policy and business environment are again at the forefront of national discourse. Of the various fora...
NDPHC

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)...