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…
Tag: Corporate Law
Effective Dispute Resolution Strategy – An Imperative (Part 5 of a 7-part series)
Implementing the Mediation Culture in Corporate Policies & Practice In my last post in this series, I expressed my belief that “the time has come when companies should be able to celebrate minimum or no-down time for dispute resolutions as we have today with HSE policies which celebrate accident free or minimal down time from…
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…
