Paragraph 14(b) Part II of the Second Schedule of the 1999 Constitution of the Federal Republic of Nigeria and Section 2(2) of the Electricity Act of 2023 (“EA”) empowers states in Nigeria to develop and regulate their electricity markets subject to the State of House of Assembly passing a law to that effect. This allows States to regulate electricity operations within their jurisdiction, including power generation, transmission and distribution.
On 7 February 2025, the Federal High Court, Lagos Division (the Court), in Emeka Nnubia v. Minister of Industry, Trade and Investment, Federal Competition and Consumer Protection Commission & MTN, affirmed the authority of the Federal Competition and Consumer Protection Commission (FCCPC) to enforce competition regulation within Nigeria’s communications sector. This decision was
We are pleased to share that our Senior Associate, Akinola Oladimeji have joined the IR Global Rising Stars. IR Global is the world’s largest exclusive network of advisory firms, and the fastest-growing professional service network in the world, that is dedicated to helping its members provide world-class legal,
We are pleased to share that our Associate, Naomi Kabowei have joined the IR Global Rising Stars. IR Global is the world’s largest exclusive network of advisory firms, and the fastest-growing professional service network in the world, that is dedicated to helping its members provide world-class legal, accountancy and financial advice to companies and individuals across 165+ jurisdictions.
We congratulate our competition law partner, Chukwuyere Izuogu, on being recognised by Mondaq, an international legal publication, as a thought leader in competition and antitrust law in Nigeria for his insightful article, "Highlights of the Merger Control Process Under the ECOWAS Competition Framework."
The basic applicable law in Nigeria on admissibility of evidence is the Evidence Act, 2023 (as amended) (“Evidence Act”). Evidence in support of a party’s case can either be oral or documentary. Oral evidence represents the oral testimony of a witness in Court and includes depositions on oath.
Following the removal of fuel subsidy, the transition from Premium Motor Spirit (PMS) also known as petrol to Compressed Natural Gas (CNG) represents a critical strategy for enhancing energy solutions for transportation in Nigeria. This article examines the adoption of CNG in Nigeria, highlighting its potential benefits compared to conventional fuels. We will discuss the establishment of key initiatives such as the
In a landmark decision delivered on 7 February 2025, in Appeal No. SC/255/2007: Ngozi Okonjo-Iweala v. Gani Fawehinmi & Ors., the Supreme Court ruled that mere status as a taxpayer does not, in itself, grant a plaintiff standing to initiate a public interest litigation suit.
Streamsowers & Köhn is pleased to have served as counsel of record to Seplat Energy Offshore Limited (SEOL) in its landmark acquisition of the entire shareholding of Mobil Producing Nigeria Unlimited (MPNU). This $800 million cash transaction represents a significant expansion of Seplat Energy Plc’s asset base and operational capacity in Nigeria’s oil and gas sector.
On 22nd November 2024, the Federal High Court (the Court) in Frank Ijege v Nigeria Data Protection Commission (Suit No. FHC/KD/CS/34/2024) delivered a landmark decision invalidating certain provisions of the Guidance Notice on the Registration of Data Controllers and Data Processors of Major Importance (the Guidance Notice), issued by
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