Tax planning refers to an arrangement of a taxpayers’ business or financial dealings, in such a way that complete tax benefit can be availed by legitimate means, i.e. making use of all beneficial provisions and relaxations provided in the tax law, so that the incidence of the tax is minimum. Tax planning helps to achieve

October 1 of every year brings an air of diversity and a false sense of unity among Nigerians, as the country celebrates her independence. It is a nation referred to as ‘The Giant of Africa’ for its enormous population (about 200 million), political potential and natural resources that, if utilised, would place Africa on a

The mass media was awash with the video posted on Sahara Reporters on 14th September 2020 of a man burning a 1000 thousand Naira. There has been agitation from some quarters that the man should be prosecuted and charged for treason, disrespect for our national identity, and other offences.  According to Wikipedia, Money burning or

Introduction By the rules of the legal profession, every lawyer is duty-bound to show a considerable degree of devotion and dedication to the cause of his/her client. From a personal perspective, it is observed that most lawyers in Nigeria have made it a habit to abide by this rule and sometimes go beyond the vision

On June 1st, 2020, the Department of Petroleum Resources (“DPR”) launched the Marginal Field Bid Round. The Bid Process is expected to last for six months. After selection of the winning Bid, payment of signature bonus, and grant of Presidential Approval, Awardees are required to negotiate a Farm-Out Agreement with Block holders (i.e Oil Mining