Detail Solicitors | Jun 28, 2020 | Newsletters
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... Detail Solicitors | Jun 28, 2020 | Newsletters
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... Detail Solicitors | Jun 28, 2020 | Newsletters
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... Detail Solicitors | Jun 28, 2020 | Newsletters
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... Detail Solicitors | Jun 28, 2020 | Newsletters
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... Detail Solicitors | Jun 17, 2020 | Newsletters
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...