On Friday, 17 March 2023, President Mohammadu Buhari assented to the Constitution (Fifth Alteration) Bill, 2023. Exactly a year ago, the House of Representatives and Senate approved forty-four of the sixty-seven constitution alteration bills presented without differences and transmitted them to
The Arbitration and Mediation Bill, 2022 (HB. 91) (the “Bill”) went through third reading and passage by the Senate on 10th May 20221 and is currently awaiting presidential assent. The Bill which seeks to repeal the Arbitration and Conciliation Act, 1988 (the “ACA”), proposes fundamental changes to the conduct of arbitration and enforcement of an arbitral award.
The Federal Competition and Consumer Protection Act, 2018 (“FCCPA” or the “Act”) was enacted with the objects of promoting and maintaining competition in the Nigerian economy, protecting and promoting the interests and welfare of consumers and prohibiting restrictive trade and business practices which hamper competition.1 To realize these objects, the Act vests the Federal
On 26th February 2021, the National Industrial Court (NIC) per Hon. Justice E. A. Oji, delivered a judgment in Suit No: NICN/LA/411/2020 - Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) & 3 Ors. V. Chevron Nigeria Limited
Most modern government is made up of three arms working together - namely the Executive, the Judiciary, and the Legislature. The Executive arm is responsible for implementing the laws made by the Legislature and enforcing same, the Legislature is responsible for making the laws, and the Judiciary is responsible for interpreting the law.
The bill seeks to amend the Coastal and Inland Shipping (Cabotage) Act 2003 (“the Principal Act”), to include oil rigs as a vessel, within the meaning of a vessel under the Act, and subject to every other provision of the Act relating to vessels
Is your country party to any bilateral or multilateral treaties for the reciprocal recognition and enforcement of foreign judgments? What is the country’s approach to entering into these treaties, and what, if any, amendments or reservations has your country made to such treaties?
The Federal High Court Port Harcourt Division recently held that the Rivers State Government and not the Federal Government is empowered to collect Value Added Tax (“VAT”) among other taxes in the State.
On 24 May 2021, the Central Bank of Nigeria (‘CBN’) issued a circular on the new license requirements for the Payment Systems in Nigeria(the ‘Circular’). This is a follow-up to its circular dated 9 December 2020 issued...
According to United Nations Children’s Fund (UNICEF), one in four girls and ten percent of boys have been sexually violated in Nigeria and the majority of them have received no help or support1.
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