Streamsowers & Köhn | Nigeria | 2 Oct 2023
Nigeria's Finance Act of 2022 has made changes to several fiscal and administrative laws. One of the major aims of the Act is to improve the Nigerian fiscal regime. This article focuses on the changes made to the Petroleum Profits Tax Act (PPTA) under the Act, some of which seek to align the PPTA with the provisions of the Petroleum Industry Act 2021.
Streamsowers & Köhn | Nigeria | 5 Jun 2023
Over time Nigeria has sought to bring renewable energy into the energy mix as part of measures to reduce global warming. This article highlights the legal regime to achieve that purpose, makes a case for renewable energy regarding the current situation in the power industry and touches on the benefits of using renewable energy and the opportunities in the renewable energy sector.
Streamsowers & Köhn | Nigeria | 15 May 2023
Nigeria recently discovered large deposits of lithium, an essential component for building batteries for electric cars, laptops and mobile devices. Consequently, Nigeria has a unique opportunity to increase its gross domestic product, create employment, leverage the transfer of technology and increase its foreign exchange earnings by exporting finished products.