With the introduction of the Nigeria Revenue Service (NRS) and the Nigeria Tax Administration Bill (NTAB), Nigeria’s tax administration is on the brink of transformation. This article explores the shift from FIRS to NRS, outlines key provisions in the...
Nigeria's push for renewable energy is backed by various tax incentives aimed at attracting investors to the sector. From pioneer status tax holidays to VAT and import duty exemptions, these incentives seek to reduce financial burdens and encourage clean...
Nigeria’s dispute resolution landscape is undergoing a major transformation with the introduction of the National Policy on Arbitration and ADR, 2024. Designed to restore confidence, attract investment, and streamline arbitration, this policy sets the...
FROM SEIZURE TO SAFEGUARDS: THE LEGAL LANDSCAPE OF EXPROPRIATION OF OIL & GAS INVESTMENTS IN NIGERIA
Expropriation in Nigeria’s petroleum sector poses significant risks for investors. This article explores the legal framework governing government takeovers of private property, highlighting key statutes like the Petroleum Industry Act and the Land Use...
The Nigerian Electricity Regulatory Commission\'s recent Order is transforming Nigeria\'s power sector, transitioning from a centralized trading model to a competitive bilateral trading system. This shift ends NBET\'s monopoly, empowering GenCos and DisCos...
The Nigerian Electricity Regulatory Commission\'s recent Order is transforming Nigeria\'s power sector, transitioning from a centralized trading model to a competitive bilateral trading system. This shift ends NBET\'s monopoly, empowering GenCos and DisCos...
Explore the transformative impact of Nigeria\'s Tax Bills on VAT administration. From empowering small businesses to including digital goods in the tax net and introducing a tiered VAT structure, these reforms aim to modernize the system. Can the shift...
Lagos State takes a bold step forward with the Lagos State Electricity Law, 2024. This law aims to revolutionize the electricity market by fostering investments, promoting renewable energy, and enhancing grid reliability through innovative strategies....
To address the challenges posed by the multiplicity of taxes, and promote a more harmonized taxation framework, the Nigerian government has introduced a suite of legislative proposals aimed at reforming the country’s tax system. Amongst these, is the...
As Nigeria considers significant tax reforms, the future of tax exemptions in Free Trade Zones hangs in the balance. Will the new Tax Bill maintain the tax-free benefits that have fueled investment and economic growth, or will these zones face unprecedented...