The call for the institutional and legal restructuring for the next Nigeria cannot have come at a better time. President Mohammadu Buhari’s 2019 Independence Day address to the nation may have created an enabling platform to encourage new discussions on how to transform Nigeria’s economy. The President’ssetting up of an Economic Advisory Council (EAC) is […]
The need to broaden the framework for space law in Nigeria continues to grow in the light of increasing space activities in the world. It is important that Nigeria invests financial and human resources in the legal, regulatory and institutional framework relating to space in order to position the country to enjoy benefits of space […]
Development law policy is a tool that intersects law and economic development. Development law scholars agree that there is a strong link between law, regulatory institutions, governance, economic development and national welfare. It is argued that the Nigerian legal and judicial framework is hopelessly outdated and needs an urgent review to meet current challenges. Yet […]
BlogPublished ArticlesLawyers/Law Firms are Taxable Persons Liable to Pay VAT — Conclusions from Al-Masser vs. FIRS
September 30, 20191
There has been debate in some legal circles as to whether a lawyer or firm of lawyers are duty-bound to pay Value Added Tax (VAT) to the Federal Inland Revenue Service (FIRS) as stipulated by sections 14(1) and 15(1) of the VAT Act, 1993 (as amended) (“the VAT Act”), for legal services they provide their […]
BlogPublished ArticlesPublished TextsNational Arbitration Policy: Critical Next Steps Following the P&ID Award
September 9, 20192
The need for a National Arbitration Policy comes on the back of the recent enforcement order relating to the sum of US$9, 000, 000, 000 (Nine Billion US Dollars) made against Nigeria by an English High Court, which was based upon an arbitration award secured by a company, Process and Industrial Developments Limited (P&ID), has […]
BlogPublished ArticlesPublished TextsThe African Continental Free Trade Agreement (AfCFTA): Benefits of a Single African Market & Its Opportunities
July 30, 20190
The African Continental Free Trade Agreement was signed by President Muhammadu Buhari at the African Union Summit on Sunday, July 7, 2019. At the summit, member countries agreed to launch the “operational phase” of the African Continental Free Trade Area (AfCFTA), and decided on common “rules of origin, the monitoring and elimination of non-tariff barriers […]