Adeyemi Akisanya and Other Experts Raise Concerns Over Local Content Law Amendment

This post was originally published on punchng.com Industry experts have raised concerns over the Nigeria Oil and Gas Industry Content Development (Amendment) Bill 2020 seeking to double the amount operators contribute to the Nigerian Content Development Fund, among other proposals. Currently, one per cent of the value of all contracts awarded in the upstream sector of…

Dispute Resolution Strategy and Policy (Part 2 of a 7-part series)

As we have noted earlier, conflicts of parties’ respective interests and needs are inevitable during those transactions that fuel a successful business.  They will invariably arise over the inception, interpretation, performance, expectations, or even termination, of the contracts underlying those transactions.  If these conflicts are not properly recognized, addressed, and resolved some way or the…