DOLAPO KUKOYI
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DETAIL Hosts Workshop on Developing and Financing Off-Grid Solutions at the 2017 Powering Africa Nigeria Investment Summit in Abuja
On 4th October 2017, Detail Commercial Solicitors (DETAIL) hosted a workshop at Transcorp Hilton, Abuja on the topic “Developing and Financing Off-Grid Solutions in the Nigerian Power Sector.” The workshop formed part of the 6th Annual Powering Africa: Nigeria...
Real Estate Market Overview – Doing Business in Nigeria
DETAIL lawyers, Tosin Ajose, Associate Partner and Adeniran Haastrup, Solicitor, contributed to the discourse on Nigeria’s Real Estate market with an article titled “Real Estate Market Overview – Doing Business in Nigeria” featured in the September 2017 issue of...
AYULI JEMIDE
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Lift of Suspension on Pioneer Status Incentives and Inclusion of 27 New Industries for Pioneer Status
On 7th August, 2017, the Federal Government of Nigeria announced the lifting of an administrative suspension on the processing of Pioneer Status Incentive (PSI) applications following a comprehensive review and reform of the process. The Government also released a...
Release of General Requirements and Guidance Information for the Establishment of Modular Refineries in Nigeria
The Department of Petroleum Resources (the DPR) recently released the General Requirements and Guidance Information for the Establishment of Modular Refineries in Nigeria (the Guidelines). The Guidelines was published to promote the establishment of third party...
Review of the Collateral Registry Act and Prospects for Credit Access Expansion in Nigeria
A. Background Out of the estimated 37 million micro, small, and medium-sized enterprises (MSMEs) in Nigeria, only 31% are able to access credit for their businesses from local financial institutions (commercial and micro finance banks). As at Q4 2015, loans to...
“Engineering Meets Finance” – DETAIL & ILF Business Consult Host Project Development Financing Seminar
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Review of the Petroleum Industry Governance Bill
A. Introduction For over five decades, the petroleum industry in Nigeria has remained the bedrock of the Nigerian economy (it accounts for 90% of foreign exchange earnings and about 80% of recurrent and capital expenditures). In spite of this, there have been calls...
Executive Order on the Voluntary Assets and Income Declaration Scheme
On the 29th of June 2017, the Acting President, Prof. Yemi Osinbajo launched the Voluntary Assets and Income Declaration Scheme (VAIDS) to address the issue of tax default in Nigeria. The Scheme which became effective on the 1st of July 2017 provides a 9-month...