Blog

The Federal Government has commenced partial commercialization of four pilot River Basin Development Authorities (RBDAs) in the country namely;Niger-Delta, Sokoto-Rima, Ogun-Osun and Upper Niger. A kick-off meeting took place between the 14th and 16th November, 2018,to formally introduce the Transaction Advisors, Agri-Africa Consultant A & E Law Partnership Consortium, to the Honorable Minister of Water Resources, Engineer Suleiman HusseinRead more

Chibuzo Ekwekwuo,Managing Partner of A&E Law Partnership overseeing the signing of definitive investment agreements between the Nigerian Special Economic Zones Investment Company Ltd representing the Federal Government of Nigeria and three international institutional investors on the one part; and Abia State Government, Enyimba Economic City Development Company Ltd, Project Developer ,on the other part, to whichRead more

As part of its economic stimulus plan, the Federal Government is considering a reduction in the income tax rates payable by Small, Micro and Medium Enterprises in the country. The reduction in tax rates is part of the recommendations presented to the Minister of Finance, Mrs. Kemi Adeosun, by the 12-member committee, headed by Prof.Read more

Nigeria and other member-states of the African Union (AU) have signed an African Charter on Maritime Security, Safety and Development in Lome, Togo. A statement by the Senior Special Assistant to the Vice President, Mr Laolu Akande, said Osinbajo signed for Nigeria on behalf of President Muhammadu Buhari. He noted that the Gulf of Guinea andRead more

The Nigerian National Petroleum Company (NNPC) signed an agreement to exit the Joint Venture Cash Call (JVC) with some international oil companies. The agreement was signed between the Federal Government and Shell, Chevron, Agip, Total, and Oando. Nigeria owes an estimated $6.8 billion accumulated over 14 years however secured a discount of $1.7 billion, leavingRead more

A & E Law Partnership has facilitated a PPP arrangement between the Government of Abia State and Crown Realties PLC for the development of Enyimba Industrial Zone as an economic hub and free trade zone. This arrangement would enable the private partner through a Special Purpose Vehicle (SPV) to design, develop, construct, operate and manageRead more

by Naro Omo-osagie The difficulty of legislating on technology is one of the unique side-effects of living in the 21st century. Considering the potential risks in leaving technology unregulated, there is a need for the law to fill in the growing gaps. Essentially, the only way to effectively regulate technology is not by crafting blanketRead more

FG OFFERS 9-MONTH TAX AMNESTY FOR TAX OFFENDERS The Federal Government, today, launched its voluntary asset and income declaration scheme (VAIDS) to broaden the country’s tax base and offer incentives for tax evaders. The tax amnesty will run for the next nine months, effective from July 1, 2017 to December 31. A “waiver of interest andRead more

In the World Bank’s latest “Doing Business” report, Nigeria was seen to have moved up 24 places to 145th and recognized the country as one of the top 10 most improved economies in the world. The country has witnessed coordinated efforts across various levels of governments to make it easier to do business in Nigeria.Read more