We assist clients through every stage of the privatisation or foreign investment process.
Privatisation & Public Procurement
Successful foreign investments hinge on obtaining a legal and valid interest in a target entity in legal compliance with Nigerian laws and regulations including procurement law. We provide guidance through every step of the process to ensure that our clients achieve their ultimate investment objectives.
Nigeria is notable among sub-Saharan African countries as being virtually open to foreign investment in all major sectors, including agriculture; oil and gas; minerals; coal, power; energy; telecommunications; and tourism. Moreover, our government is now engaged in a comprehensive privatisation programme to increase viability and efficiency; and fund socio-economic developments.
Many of our significant clients are involved in Nigeria’s privatisation efforts. We frequently collaborate with international consultants who represent investors engaging in this privatisation programme. We also act as local counsel to major international corporations and investors seeking involvement in Nigerian and state government privatisation programmes.
As the leading advisor on foreign investment in Nigeria, our experienced corporate lawyers provide comprehensive services, including:
Acquisition of interest, assets, and property
Acquisition of pioneer status
Attainment of government incentives
Compliance and regulatory issues
Nigerian local regulations
As a result of our stellar work and reputation, we have developed close, professional relationships with governmental entities and industry regulators who are inextricably related to foreign investment. On behalf of our clients, these relationships historically have resulted in efficient and effective foreign investment transactions, avoiding the pitfalls of procurement laws, as well as gaining valuable insight and feedback from essential partners in these transactions.
As the advisor to your privatisation and foreign investment, we will assist your company through every stage of the privatisation or foreign investment process. Our offices are located in Abuja, Lagos and Port Harcourt and we stand ready to serve your needs.
Please contact Olubunmi Fayokun, and Oghogho Makinde, for further information.