The novel event of the very recent has indubitably shown that when we are confronted with a grave existential crisis, all other things hitherto considered essential pales into insignificance. In the wake of the outbreak of the neoteric Coronavirus Disease (code-named COVID-19), several institutions’ services were suspended and/or banned by the government. The Courts...
Learn MoreA LAUDABLE GESTURE TOWARDS MSMEs IN NIGERIA. As part of the Nigerian government’s resolve to continually make the business environment accessible and to ease the financial burden of registration of business on the public, the Vice-president in conjunction with Corporate Affairs Commission (CAC) has reduced the cost of registration of business name from NGN 10,
Learn MoreThe 18 th ordinary session of the Assembly of Heads of States and Governments of the African Union, held in Addis Ababa, Ethiopia in January 2012, adopted a decision to establish an African Continental Free Trade Area (AFCFTA) with an indicative date of 2018. The free trade area is to include all fifty-four (54) African
Learn MoreDespite a history of substantial mining operations during the colonial occupation of Nigeria, the potential inherent in the wealthy caches of untapped mineral resources across the country, did not form part of the focal point in post-colonial discussions towards the development of Nigeria for a very long time. However, these opportunities are receiving increasing attention
Learn MoreKusamotu & Kusamotu to co –host a Breakfast Seminar with the Norwegian African Business Association (NABA), SANDS Law Firm, and the Norwegian Energy Partners (NORWEP) in Oslo, Norway on the 11th of April, 2018 at Cort Adelers Gate 33, 0254 Oslo, Norway. The Breakfast Seminar is tagged: “Doing business in Nigeria – how to develop
Learn MoreFrom time immemorial, compliance to laws and regulations has always been an aspect of corporate life. The failure of commercial institutions such as Lehman Brothers emphasized across the world, the need for corporate compliance with legal and regulatory standards imposed on these companies. In Nigeria, the failure of banks such as Oceanic and Intercontinental banks
Learn MoreThe AfCFTA Negotiation from the 2017 Nigerian Annual Trade Policy Report (NATPOR). The African continent over the centuries has traded more with the rest of the world and very little with itself. The level of Intra-African trade currently stands at about 17%, which is well below the average for other regions in the global economy.
Learn MoreTHE FEDERAL GOVERNMENT OF NIGERIA NEW POLICY ON CARGO PALLETISATION. As part of its plans to ease the burden of doing business in Nigeria, the Federal Government of Nigeria in December 2017 announced the palletisation of cargo as part of its new import and export guidelines starting 1 January 2018. By this it means that
Learn MoreTHE FEDERAL GOVERNMENT OF NIGERIA’S AUTO POLICY, INCENTIVES AND DUTY. INTRODUCTION The automotive industry in most countries around the world plays a stimulating role in economic development. The importance of the industry cannot be over emphasized as its scope covers transportation of people, goods and services; manufacturing; agriculture; defense, power generation and more. Industry...
Learn MoreThe Cable Newspaper Journalism Foundation (CNJF) has sued the attorney-general of the federation (AGF) over his failure to respond to a freedom of information (FoI) request on the engagement of lawyers for the recovery of stolen funds. The case, with suit number FHC/ABJ/CS/27/2018, was filed by Kusamotu & Kusamotu law chambers at a federal high
Learn MoreKusamotu & Kusamotu keeps broadening its reach in accordance with its vision of providing tailor-made and top-notch legal and business advisory services to its numerous international and national clients. Having taken note of the recent developments in the Nigerian Solid Minerals Sector, Kusamotu & Kusamotu recently joined the Australia Africa Minerals and Energy Group (AAMEG)
Learn MoreThe Nigerian Minister of Industry, Trade and Investment on April 11th, 2017 announced its new Tomato Sector Policy. We had earlier posited an argument for investment in Tomato Processing Factories by potential investors in the Sector. This paper provides an alternative view, arguing for continued importation after proper consideration of the likely pitfalls in the
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