Legal Framework
From The Report: Nigeria 2016
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OBG introduces the reader to the different aspects of the legal system in Nigeria, in partnership with Ajumogobia & Okeke.

OBG talks to Ovie Ukiri, Managing Partner, Ajumogobia and Okeke, on the development of privatisation in the power sector.

Articles from this Chapter

Overview

Laws of attraction: Free zones offer a multitude of incentives for investors
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Export processing zones (EPZs) – also known as free zones (FZs) – are areas in which businesses are exempt from the normal regime applicable in Nigeria, particularly with regard to Customs duty and tax. In return, the government expects companies operating in the EPZs to boost national exports, create jobs and help in diversifying the Nigerian economy by bringing in new activities. There are two types of FZ in Nigeria: specialised and general. Currently the only specialised EPZ is the Oil and…

Viewpoint

Taking shape: Ovie Ukiri, Managing Partner, Ajumogobia and Okeke, on the development of privatisation in the power sector
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The Nigerian power sector has undergone several significant changes in the past decade. In 2010 the Nigerian president at the time presented a roadmap for the sector. In developing the roadmap, the country’s federal government built on the foundation laid down in 2001-02 through the adoption of the National Electric Power Policy, and with the promulgation of the Electric Power Sector Reform Act (EPSRA) in 2005. The roadmap culminated in the privatisation of the sector to correct inherent failures…