Can Lagos’ Electricity Market Serve as a Blueprint for Other States?
Our analysis suggests that a tailored approach is essential for designing sustainable electricity markets across the country.
Lagos Electricity Law: Investment Opportunities for 2025
With growing electricity demand driven by Lagos’ population of over 20 million and its position as Nigeria’s economic engine, 2025 is poised to be a transformative year for power sector investors in Lagos
Lagos Electricity Market: Key Incentives for Investors
The Lagos Electricity Law stands out as a transformative piece of legislation poised to redefine the Lagos electricity market. One of its most noteworthy features is its clear focus on fostering investor confidence through robust legal protections.
Case Study: Legal Due Diligence in a Nigerian M&A Transaction
The Client, a leading renewable energy firm, sought to acquire a controlling stake in a mid-sized Nigerian energy company to expand its footprint in Africa’s burgeoning renewable energy sector.
Cape Town Convention Practice Directions
Nigeria’s recent classification by the Aviation Working Group (AWG) ranks at a medium level, two tiers below the high and very high categories. In this update, we explore the key factors behind Nigeria’s medium-level ranking and outline the essential milestones...
A Primer on Construction Financing in Nigeria
Construction financing refers to a short-term loan specifically used to fund the construction of a building or other real estate project. For real estate developers in Nigeria, this financing is essential during the construction phase when the project generates little...
JCT Standard Form Contracts: 2024 Updates
On August 21, 2024, the Joint Contracts Tribunal (JCT) published 2024 updates to the Standard Building Contracts and associated sub-contracts suite. This follows the release of earlier updates, such as the Design & Build Contract, Minor Works Contracts, and Intermediate...
NERC Shifts Nigerian Electricity Market to Bilateral Trading
The Nigerian Electricity Regulatory Commission (NERC) has directed the Nigerian Bulk Electricity Trading Company (NBET) to stop entering into new contracts for purchasing and reselling electricity or ancillary services.
A Primer on Hell or High Water Clauses in Aviation Leases
"Hell or high water clauses" are a standard fixture of aviation leases and it appears that courts will generally enforce "hell or high water clauses" in aviation leases, in the absence of extenuating factors. This legal update provides a primer...
Service-Based Electricity Tariffs in Nigeria: Key Considerations
The increase in the price of electricity tariffs payable by electricity customers in Band A, as notified in the 2024 Multi-Year Tariff Order puts into sharp focus the legal framework around Service-Based Tariffs in Nigeria