Beyond The Barrel- A Dance Of Profit And Purpose: A Fiscal Choreography Of Rights And Obligations In Nigeria’s Petroleum Tax Regime By Abdulkabir Oloruntobi Olode-Ankirun
Petroleum taxation in Nigeria balances the State’s right to maximize value from its natural resources
with investor’s need for fiscal certainty and capital recovery. This objective is pursued through an evolving legislative framework, moving from the Petroleum Profit Tax Act to the Petroleum Industry Act
2021, and most recently the Nigeria Tax Act (“NTA”) 2025. Historical frameworks were marked by administrative complexity and overlapping regimes, which undermined predictable cost recovery. This paper
investigates whether the consolidation of petroleum fiscal logic into the NTA strengthens revenue
certainty while preserving investor rights.
Olaniwun Ajayi LP Launches London-Based International Practice with Three Partners
Olaniwun Ajayi LP, a leading law firm in Africa, announces the opening of its London-based international practice on December 1, 2021. The London office, which is authorised and regulated by the Solicitors Regulation Authority, is a breakthrough for a major law firm founded in Africa, marking a significant milestone in the firm’s nearly sixty-year history and for legal services in and for Africa.
Detail Commercial Solicitors Announces New Managing Partner, Three New Partners, Lead Interface Manager
Detail Commercial Solicitors, Nigeria’s leading non-court room solicitors’ firm, is delighted to make the following announcements
