Nigeria

Promoting sustainable renewable energy-related Foreign Direct Investment in Nigeria: Identifying the Gaps in Nigeria’s Domestic Law and Institutions

This blog post examined how legal and institutional barriers have affected FDI in Nigeria’s RE sector and proffered strategies to resolve the identified issues. It was established that though Nigeria has considerable potential for generating solar, small and large hydro, biomass, biogas and wind energy to bridge her huge energy gap, the current RE production from these sources is abysmally low. Meanwhile, the FDI inflow in the sector is declining despite the government’s renewed favourable disposition. The situation is further exacerbated by some legal and institutional impediments that include policy inconsistency, inadequate legal framework, corruption, ineffective administrative processes, poor adherence to the rule of law, lack of awareness and insecurity.

The Legal Status of the Right to Development in Nigeria

Nigeria is obligated under extant international and municipal laws to acidulously respect, protect and fulfill PRTD. Though PRTD created under ACHPR is legally enforceable in Nigeria as exemplified in the enforcement of right to healthy environment (also created under ACHPR) in the case of Gbemre vs. SPDC (Supra); PRTD remains unpopular in Nigeria due to lack of awareness of its existence among the Nigerian people.

Acknowledgement from Prof. Eleanor Fox and Dr. Mor Bakhoum to the Contributors of our "Making Markets Work for Africa" (OUP, 2019) Symposium

We are keenly following the unfolding developments in Nigeria and in the sub-Saharan countries that are on the cusp of adopting competition laws, and of course the developments in the AfCFTA as well as ECOWAS/WAEMU and other regionals. We hope to engage with these developments, and hope that our book can provide some insights and a perspective; a building block for moving forward towards a Voice for Africa.

The Nigerian Federal Competition and Competition Protection Act 2019: Lessons from South Africa

The Nigerian Federal Competition and Consumer Protection Act (FCCPA), which is modelled after the South African Competition Act, established two institutions for the purposes of enforcing its provisions. These are the Federal Competition and Consumer Protection Commission (FCCPC) and the Competition and Consumer Protection Tribunal (CCPT). It saddled them with the responsibility of promoting competition in the Nigerian market by eliminating monopolies, prohibiting abuse of a dominant position and penalizing other restrictive trade and business practices.

Reflections on Making Markets Work for Africa and the Structure, Function and Challenges of Nigeria’s new Anti-Trust Regulator

Making Markets Work for Africa is a courageous attempt to bring order to the sparse and often chaotic studies of competition law and policy in Africa. The reader is immediately struck by the logical style of the authors followed by the skilful presentation of the often-esoteric issues of competition law across the different chapters of the book. The text also serves as a well-timed primer on African competition law which may be useful for the reform of existing competition regimes or the introduction of new ones.

Revisiting Nigeria’s absence from the AfCFTA

Even though the political situation may have delayed Nigeria's commitment to the AfCFTA at the time of the Kigali declaration, public consultations was never a bad idea. However, the government consultation initiated by the Buhari government and facilitated by the NOTN have come and gone. After the consultations, some initial skeptics have been won over about the benefits of Nigeria signing up to the AfCFTA. However, objectors to the AfCFTA remain, who stand their ground that Nigeria is not ready to join the AfCFTA.

Nigeria’s hesitation in joining the AfCFTA train: the real problems beneath

Upon improving its infrastructure, Nigeria could very easily leverage its economic base in distributing its products within Africa and internationally. This is already the case in its ‘soft’ products, such as the Nigerian film and music industry, which has seeped into all nooks of African continent, and is largely received internationally. This can be replicated in other aspects, once the foundation is properly laid internally.

Breaking the Silence on Plant Variety Protection in Nigeria

Unlike its West African neighbour, Ghana, where there is a flurry of debates around plant variety protection (PVP), there is silence on the subject in Nigeria. This silence is note-worthy because Nigeria has pending obligations under Article 27.3(b) of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) to introduce a PVP system. However, the silence should not be equated with absolute legislative inactivity around the subject in the country. Indeed, from 2006, there have been unsuccessful attempts to introduce a PVP system through intellectual property (IP) law reforms.