Attracting foreign direct investment to Nigeria has been a major challenge for successive administrations in the past. This is partly due to the perception that Nigeria’s legal system is slow and government policies inconsistent and unreliable. Mrs. Priscilla Ogwemoh in an interview with May Agbamuche-Mbu, Jude Igbanoi and Tobi Soniyi spoke on why Alternative Dispute…
INTRODUCTION The OAL wig of the month, Dr. Agbakoba studied at the University of Nigeria, Nsukka (1973-1977), London School of Economics and Political Science (1979-1980), and the University of London (1980). Before founding Olisa Agbakoba Legal | OAL formerly Olisa Agbakoba and Associates (OA&A) in 1983, he was a Research Fellow at the Institute of…
Fighting Corruption & Code of Conduct Tribunal: Compelling Need for A Proper Legal Framework *By Babatunde Ogungbamila* INTRODUCTION Everyone agrees that corruption is the canker-worm gnawing at the very fabric of the Nigerian economy. It is also common ground that corruption must be stopped or reduced to barest minimum should Nigeria hope to regain its…
The War Against Corruption: A Focus on International and Regional Conventions By Collins Okeke* Nigeria’s huge external and internal debts and her looted monies by key officials of the past administrations have dominated discussions lately. Nigeria’s President, Mohammadu Buhari has at every occasion local and international vowed that his administration would ensure that all stolen…
Asset Recovery in Nigeria – A Case for Strengthening Indigenous Asset Tracing Techniques By Derin Fagbure* Africa is bleeding. Statistics produced in the Stolen Asset Recovery (STAR) Initiative: Challenges, Opportunities, and Action Plan, a document jointly produced by the World Bank and the UNODC put corrupt money associated with bribes received by public officials from…
By Bisi Akodu* The Nigerian Government has over the past twenty years liberalized its hitherto strict laws and regulations relating to foreign investment in Nigeria. Nigeria now offers foreign investors various incentives for the much needed capital investment required for the development of public sector infrastructure such as roads, power, water and transport as well…
By Willy Mamah* As Nigeria confronts the current challenge of an Empty Treasury and need to encourage private capital, it is crucial to alsointerrogate, more closely, the notion of ‘Corporate Social Responsibility’ as a framework for doing business in a just way. ‘Property’, the ‘having mode’ is crucial to ‘people’, the ‘being mode’, but the…
By – Ridwan Bello* Commerce, the live wire of every nation, thrives on globalization. In our today’s interconnected world, cross boarder transactions are the norm and cannot be avoided. International business contracts as well as Bilateral Investment Treaties (BITs) are signed daily to protect international commerce, cross border transactions and investments. Human nature dictates that…
By Aderinsola Fagbure* Time Magazine January24th 2015 was of particular interest to me as it featured two different articles on the potential growth expectations of Private Equity (PE) investments in Africa. These publications succeeded in raising in my mind a recurrent image of Wall Street investment bankers running, briefcases in hand, into tropical, rich and…
Olisa Agbakoba Legal (OAL) officially introduced its new office for Arbitration and Mediation to the general public. The new office is situated at No 10 Ilabere Avenue, Ikoyi. The office was unveiled on the 9th of June, 2015 . As responsive commercial lawyers, OAL understands that clients now try to avoid Litigation as a first…
