Author: Lawbreed Limited

The Institute of Chartered Secretaries & Administrators of Nigeria (ICSACN) has released its position on the Petroleum Industry Act 2021. In a Paper signed by the Registrar/CEO of ICSAN, Taiwo Ganiyat Olusesi, FCIS; the Institute lauds the Federal Government for the measure of providing the country with a revamped, modern day-oriented, and relatively better conceived Petroleum Industry Act and recommended that the Act be subject to review at least every five years to accommodate not only the recommendations contained in its paper but the genuine yearnings of the stakeholders as well as other requisite exigencies that might come to light…

Hon. Justice Richard. O. Olorunfemi, has been sworn in as the fifth Kogi State Chief Judge, with a call on him to uphold the dispensation of justice without fear or favour. Hon. Justice Siyaka Momoh Jimoh Usman, was also sworn in as the President, Customary Court of Appeal. Recalled that Kogi State has within the last fourteen months swear in three in Chief Judges after the demise of Justice Nasiru Ajanah. Justice Richard.O. Olorunfemi was administered the oath of office at exactly 10:58am while Justice Siyaka Momoh Jimoh Usman took his turn at 11:15am after a brief citation of the…

Nigeria’s digital currency, eNaira, is a legal tender just like the naira that must be accepted by all merchants and business outlets as a form of payment in the country, Musa Jimoh, Central Bank of Nigeria (CBN) director of payment system management, has said. The CBN official disclosed this during an interview on Channels TV’s ‘Business Morning’ show on Monday. “Today, anywhere you present naira to pay, compulsorily it must be accepted because that is our fiat currency. So, the same way naira is accepted that you can’t reject it, is the same way e-naira must be accepted,” Mr Jimoh…

President Muhammadu Buhari has ordered the deployment of technology to tax digital transactions carried out across the country. Boss Mustapha, the secretary to the government of the federation (SGF), said the president directed the Federal Inland Revenue Service (FIRS) to ensure that digital transactions are taxed. He spoke on Tuesday at the 17th general assembly and 10th anniversary of the West Africa Tax Administration Forum (WATAF) in Abuja. The SGF said FIRS had been empowered to carry out the mandate by the president and the federal executive council (FRC). “Nigeria is putting in place measures to ensure that we keep…

The Hon. President of the National Industrial Court, His Lordship, Hon. Justice Benedict kanyip PhD, FNIALS has said that the very subject matter of the court is a product of the uneven bargaining power between employees and employers that Industrial Court will continue to promote industrial harmony. Justice Kanyip made the remark today Tuesday 21st September 2021 at the 18th memorial lecture of Justice Idigbe at the Faculty of Law, University of Benin, chaired by the vice-chancellor, Professor (Mrs) Lillian Salami. The annual lecture was instituted in 1988 by the erudite human rights lawyer, Chief Gani Fawehinmi SAN in memory…

The Supreme Court has shifted the legal battle by Rivers and Imo states on ownership of 17 rich oil wells in their territories till November 1 for definite hearing. The Apex Court fixed the date on Tuesday after the Attorney General of the Federation AGF as 1st defendant and Imo state as 2nd defendant formally made appearances through their lawyers, Dr. Remi Peter Olatubura SAN and Chief Olusola Oke SAN respectively. Justice Kudirat Motomori Kekere Ekun set the stage for determination of the suit instituted by Rivers State against Imo state shortly after identifying some of the processes so far…

The National Judicial Council (NJC) on Sunday released the list of 38 persons recommended for various judicial appointments in the Federal Capital Territory (FCT), Abuja, and 10 states. NJC’s Director of Information, Soji Oye, the council accepted the candidates after considering the list presented by its interview committee at its 95th meeting held on September 15 and 16, 2021, The candidates were recommended to either President Muhammadu Buhari or their respective state governors for appointment depending on the courts they are to serve. The list includes candidates recommended for appointment as the substantive Chief Judges of Edo, Kogi, Ondo, Akwa…

The President, Major General Muhammadu Buhari (retd.), has signed the Petroleum Industry Bill 2021 into law. The President, Major General Muhammadu Buhari (retd.), has directed that the Nigerian National Petroleum CompanyLimited be incorporated. He also approved the appointment of the Board and Management of the NNPC Limited with Senator Ifeanyi Ararume as Chairman. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, was appointed Chief Executive Officer. This was contained in a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, saying that the president acted in accordance…

The National Judicial Council at its 95th Meeting of 15 & 16 September 2021, considered the list of candidates presented by its Interview Committee and resolved to recommend the under-listed names of Thirty-six (36) successful candidates to their respective State Governors for appointment as Heads of Courts and other Judicial Officers in Nigeria. This was disclosed in a statement by the NJC Information Director, Soji Oye, Esq. They are as follows: 1. CHIEF JUDGE, HIGH COURT OF JUSTICE, KOGI STATE i) Hon. Justice Richard O. Olorunfemi 2. CHIEF JUDGE, HIGH COURT OF JUSTICE, EDO STATE i) Hon. Justice Joe…

Rivers State government, through its Attorney-General, has gone to the Supreme Court to set aside the decision of the Court of Appeal that ordered it to maintain status quo on the collection of Value Added Tax, VAT, pending the determination of an appeal that was lodged by the Federal Inland Revenue Service, FIRS. The State, in its nine grounds of appeal, a copy of which was sighted by Vanguard on Tuesday, is praying the apex court to order that the substantive appeal by the FIRS, marked CA/PH/282/2021, and all other processes therein, be heard and determined by a new panel…