Our Partner, Dolapo Kukoyi, and Senior Associate, Anthony Ezeamama, will be facilitators at the Rural Electrification Agency’s roundtable on VAT considerations for REA’s Solar Home Systems Intervention Programme.
Our Partner, Dolapo Kukoyi, and Senior Associate, Anthony Ezeamama, will be facilitators at the Rural Electrification Agency's roundtable on VAT considerations for REA's Solar Home Systems Intervention Programme. Date: Friday 3rd July 2020 Time: 1pm - 3pm (WAT)...
THE IMPACT OF THE VALUE ADDED TAX (MODIFICATION ORDER) 2020 ON DIFFERENT SECTORS OF THE NIGERIAN ECONOMY
BACKGROUND Value Added Tax (“VAT”) is a consumption tax that is levied at the rate of 7.5% on the supply of all goods and services that are backed by consideration except for those goods and services specifically exempted under the VAT Act as amended. Part I and II of...
FINANCE BILL, 2019 AND ITS IMPACT ON NIGERIAN BUSINESSES
Background The President of the Federal Republic of Nigeria, President Muhammadu Buhari, recently presented the Nigerian Tax and Fiscal Law (Amendment) Bill, 2019 (the Finance Bill) to the National Assembly for consideration and passage into law. The Finance Bill has...
IMPLICATIONS OF 2019 MINOR TARIFF REVIEWS ON NIGERIAN ELECTRICITY SUPPLY INDUSTRY
Background On the 19th of August, 2019, Nigerian Electricity Regulatory Commission (NERC) issued minor tariff reviews (“2016 – 2018 Minor Review Order”) to the Multi-Year Tariff Order 2015-2024 (MYTO 2015), to take into consideration the impact of macroeconomic...
COVID-19 AND IMPLICATIONS OF FORCE MAJEURE CLAIMS IN CONTRACTUAL ARRANGEMENTS
COVID-19 and Implications of Force Majeure Claims in Contractual Arrangements Introduction The sudden and unexpected emergence of the coronavirus (COVID-19 or Virus) pandemic has greatly disrupted the global economy. Countries around the world have imposed travel...
ANALYSIS OF FIRS’ CIRCULAR ON IMPLEMENTATION OF VAT PROVISIONS IN THE FINANCE ACT
BACKGROUND On 14th January, 2020, President Muhammadu Buhari signed the Finance Act, 2019 (the “Finance Act”) into law. The Finance Act made radical changes to several provisions of Nigerian tax laws, including the Value Added Tax Act, Cap V1, Laws of the Federation...
THE 2020 MARGINAL FIELDS BID ROUND TAKES CENTRE STAGE
Introduction The Federal Ministry of Works, Power and Housing (MOP) recently issued the following documents: the Power Sector Policy Statement (the Policy Statement); the Power Sector Recovery Plan Policy Statement (the PSRP Policy) and the Power Sector Policy...
Our Partner Dolapo Kukoyi will be a Panelist at the Nigerian Gas Association’s Webinar on Nigerian Gas Transportation Network Code – Highlights, Potential Challenges and Domestic Market Readiness.
Our Partner Dolapo Kukoyi will be a Panelist at the Nigerian Gas Association's Webinar on Nigerian Gas Transportation Network Code - Highlights, Potential Challenges and Domestic Market Readiness. Date: 2nd July 2020 Time: 1pm (WAT) Register here:...
THE 2020 MARGINAL FIELDS BID ROUND TAKES CENTRE STAGE
Background Marginal fields in the petroleum industry are fields which have remained unattended for a period of more than ten (10) years, from the date of first discovery of petroleum products or such fields as the President may, from time to time, identify as being a...
Dolapo Kukoyi, Partner, DETAIL, was a panelist at the Resilient Lagos Week 2019 at Protea Hotel in Lagos on Tuesday 2nd April 2019. The panel discussed the topic: “Financing Resilience: The Project Pipeline.”
Dolapo Kukoyi, Partner, DETAIL, was a panelist at the Resilient Lagos Week 2019 at Protea Hotel in Lagos on Tuesday 2nd April 2019. The panel discussed the topic: “Financing Resilience: The Project Pipeline.”