dangers And Growth
Gbenga is a founding Accomplice of Gbenga Biobaku & Co. Previously at Jackson, Etti & Edu, where he was the head of the power & corporate department for over 5 years, Gbenga's areas of experience embody international investments, joint ventures, acquisitions and disposals, company restructuring and mission development & finance. The above demonstrates the truth Nigerian Corporate Commercial Law Practice that the extent of Nigerian content material achieved by an entity working in the Business, and never necessarily the shareholding of such entity, could be the figuring out think about ascertaining compliance with native content provisions. Bode has practiced taxation, finance, corporate and industrial law on the highest ranges in Nigeria.
She is captivated with company governance developments and just lately participated within the UK authorities's evaluate of gender range on boards. Dr. Bode Oyetunde was educated on the University of Lagos and the Nigerian Law Faculty from where he qualified as a Legal Practitioner in 2000. He completed an MSc in Regulation and Accounting at the London School of Economics (LSE) and earned his Doctorate Diploma in Tax Regulation from the Centre for Commercial Law Research (CCLS), Queen Mary, College of London.
First, in view of the requirement of Section 31(1) of the Act for submission of a succession plan to the Board in respect of every expatriate place held by an organization, speedy steps should be taken by buyers to ensure that their succession plan for the gradual substitute by qualified Nigerian personnel of its expatriate personnel is in conformity with the maximum four year period.
The Government's coverage on Nigerian content material within the Trade over the years seeks to advertise the utilization and progressive development of local competencies (to internationally acceptable standards) by the energetic participation of Nigerians, and the deployment of native assets and raw materials, in the nation's primary sector. In latest times, the coverage had crystallized into a proposed legislation in the type of the Nigerian Content material Development Bill in 2003 and has handed by numerous amendments between the years 2003, 2005 and 2008, culminating in the Nigerian Oil and Fuel Trade Content Growth Bill 2009 (the Invoice”).
Fourth, firms operating in the Industry should undertake overall corporate buildings and insurance policies, particularly those bordering on Nigerian human, material resources and providers” that promote the development of Nigerian content material in their operations, and guarantee their relevant agreements and instruments also replicate Nigerian content material considerations.