Taxation of EPC Contracts: Analysis of Nigerian Case Law and Emerging Trends

Nigeria’s EPC tax regime is currently receiving an unprecedented level of attention in view of the pending landmark controversy on turnkey impost and its potential reverberations on the tax position of similar project delivery structures which are commonplace in the country. The EPC tax system has always appeared straightforward to taxpayers, practitioners and the courts.…

National Gas Policy 2017 – Highlights and Analysis

In this paper published in the International Energy Law Review (2018), our Kingsley Amaefule analysed Nigeria’s National Gas Policy 2017, highlighting laudable initiatives and identifying areas for policy improvement. This analysis covered the critical aspects of the Policy such as wholesale market competition, regulation, unbundling and open access, fiscals, pricing, PSC gas, LNG, gas infrastructure,…

A comparative guide to listing on the LSE and NSE – A&O and BLP

In November 2014, the London Stock Exchange Group (LSE) and the Nigeria Stock Exchange (NSE) signed a 2 year co-operation agreement designed to support companies dual-listing in London and Lagos… Berwin Leighton Paisner and Ajumogobia & Okeke look at how the markets compare across eligibility, listing documents and continuing obligations, in order to provide issuers with an overview of…

Law and Practice

For the last three decades, international arbitration in Nigeria has been acknowledged to be an effective instrument of dispute resolution. The choice of arbitration has been strengthened by the combination of the enactment in 1988 of the Arbitration and Conciliation Act (‘ACA’) and commercial activities in terms of international investments in key sectors of the Nigerian economy. Motivated by the lack of an…