PETROLEUM AND ENERGY LAW
We have developed sophisticated legal practice groups in a number of emerging specialised areas of practice, in response to our clients’ needs and the demands of the business market place. The firm has an international focus and an on-going objective of identifying and anticipating trends in the energy and international investment laws. We also fashion out approaches geared towards providing our clients with the advantages of assessing the opportunities of today and tomorrow in our chosen practice areas.
We offer our clients in-depth professional services in a broad spectrum of legal services as we handle transactions for many institutions and individuals. Accordingly, the firm has been able to fully satisfy its clients by providing highly professional services over the years in the following areas:
- MINNING AND MINERAL
Nigeria is endowed with a lot of mineral potentials made up of over 30 mineral commodities including gold, bitumen, tantalite, limestone and other industrial minerals in about 450 locations spread throughout the states of the Federation. In recent years, the need to diversify the economy and increase revenue has accelerated the tempo of Government’s drive to attract foreign direct investment into the country’s solid mineral sector. However, experience has shown that irrespective of the country, geology, or technology, the investor, whether local or foreign, is often more interested in putting his investment in the territories that offer the best geological potential and at minimum risk.
A key means of assessing, transferring, allocating or mitigating these risks lies in identifying the right legal firm having the expertise to identify, analyze, assess, and advise the investor who is hardly familiar with the legal terrain, on the relevant legal and contractual risks and issues such as the mining legislation of the country and other local laws for assurances of availability of mining titles, security of tenure, fiscal predictability and certainty, fiscal incentives, and other aspects considered vital by the investor in the protection and promotion of investment.
The training received by our specialists in leading European and American institutions which has been polished by extensive practical experiences in high profile transactions in the Nigerian solid mineral industry, has given our firm the edge in its capacity to provide a prospective investor in the Nigerian mining and mineral industry with accurate and reliable advise in all facets of Nigerian Mining and Mineral laws including the Legal, Regulatory and Contractual framework; Ownership of Mineral Rights; Types of Mineral titles; The Grant of Mineral Titles: Pre requisites for such Grants; Rights and obligations arising there from including Relinquishment policy, Transferability and Revocation of mineral titles; Investment Protection including Security of Tenure and Risks associated with possible abuse of discretionary powers; Environmental and sustainable development obligations including standards and guidelines for the preservation of the environment, environmental impact assessment, decommissioning, reclamation and rehabilitation of lands; Community participation, human rights, and social obligations; Investment incentives and other assistance including tax holidays, deductions, import duty waivers, repatriation of profits, business permits & expatriate quota; Insurances; and Corrupt practices.