导言

On March 18, 2025, the President of Nigeria, Bola Ahmed Tinubu, in a televised national address, issued a proclamation declaring a state of emergency in Rivers State, an oil-producing region of the country. The President justified this decision by citing intelligence reports indicating a series of alarming incidents of pipeline vandalism perpetrated by militant groups. He further asserted that the crisis was amplified by an ongoing political conflict within the state, particularly between the Governor and the State House of Assembly, which had resulted in a breakdown of governance and law enforcement.[1] The President contended that the failure of the state government to address these security breaches necessitated federal intervention. Consequently, as part of the emergency measures, the President suspended the Governor of Rivers State, his deputy, and all members of the State House of Assembly. However, the judicial arm of the state government was not included in the suspension, leaving the courts operational despite the drastic political restructuring.

The President’s action ignited widespread debate, raising critical questions regarding the extent of his constitutional powers to declare a state of emergency within a federating unit. In particular, concerns were raised about whether this authority extends to the suspension of a duly elected Governor and lawmakers of a State House of Assembly, who derive their mandate from the electorate. In this view, this article seeks to critically examine the constitutional implications of such an executive action, particularly its impact on the governance structure of the state. It will further attempt to interrogate the extent to which a presidential declaration of a state of emergency can justifiably alter the balance of power between the executive and legislative branches at the state level. Additionally, the analysis will explore the legality and constitutional validity of suspending elected state officials within the framework of Nigeria’s federal system.

 

The constitutional framework governing the declaration of a state of emergency in Nigeria

A state of emergency is a situation in which a government is given emergency legal powers to steer the country through a crisis or extraordinary situation to protect its citizens, it follows a declaration made by the government in response to extreme circumstances ranging from natural disaster, armed conflict, civil unrest, or an epidemic.[2]

As a democratically regulated country, Nigeria operates under the supremacy of the 1999 Constitution (as amended), which serves as the fons et origo—the ultimate source of legal authority. The Constitution not only establishes the fundamental principles of governance but also delineates the powers and functions of the three arms of government: the executive, legislature, and judiciary.

Within this constitutional framework, the President of Nigeria is entrusted with specific powers to address grave threats to national security, public order, or the stability of any part of the federation and this includes a declaration of a state of emergency. The legal basis for this authority is found in Section 305 of the 1999 Constitution of the Federal Republic of Nigeria, which outlines the circumstances under which a state of emergency may be declared.

Pursuant to Section 305, the President may issue a Proclamation of a State of Emergency through an instrument published in the Official Gazette of the Government of the Federation.[3] However, this power is not exercised in isolation; it is subject to legislative oversight. Once a state of emergency is declared, the President is mandated to transmit copies of the proclamation to the President of the Senate and the Speaker of the House of Representatives.[4] Upon receipt, both presiding officers must convene their respective legislative chambers to deliberate on the situation and determine whether to approve or reject the proclamation through a formal resolution.[5] This legislature ratifying the power of the president to declare a state of emergency underscores the principle of checks and balances, ensuring that the power is not exercised arbitrarily or beyond constitutional limits.

While the President has the authority to declare an emergency, such power is not absolute and can only be invoked under specific substantive circumstances outlined in Section 305(3) of the 1999 Constitution (as amended). These conditions include:

  1. Existence of War or Imminent Invasion – The President may declare a state of emergency if Nigeria is at war or faces an imminent threat of invasion, armed conflict or involved in a state of war.[6]
  2. Breakdown of Public Order and Safety – If there is an actual or clear and present danger of an actual breakdown of public order or public safety in the federation or any part thereof to the extent that extraordinary measures are necessary to restore security a state of emergency may be declared.[7]
  3. Disaster or Public Danger – A state of emergency may also be proclaimed in response to natural disasters, environmental crises, or other existential threats to the Federation.[8]
  4. Request from a State Government – A state of emergency may be declared if the Governor of a State formally requests federal intervention in response to a crisis beyond the state’s capacity to manage.[9]

President Bola Ahmed Tinubu’s power to declare a state of emergency in Rivers State finds constitutional justification under Section 305(3)(c) and (d) of the 1999 Constitution (as amended), which provide for such a declaration in instances of actual or imminent breakdown of public order and public safety. The constitutional framework provides that a state of emergency be employed as a mechanism to restore stability when normal state structures are unable to contain a crisis. In the extant case, the President cited rising militant activities, particularly the vandalization of oil pipelines, as well as a severe political crisis between the Governor and the State House of Assembly, which he deemed to have contributed to governance paralysis.

Under Section 305(3)(c), a state of emergency may be declared when public order and safety have already collapsed to a degree requiring extraordinary measures to restore normalcy. Given the security threats posed by militant groups, coupled with the lack of an effective state-led response, it can be argued that the situation met this threshold. Additionally, Section 305(3)(d) permits proactive intervention where there is a clear and present danger of a breakdown of public order and safety, suggesting that even if the crisis had not fully escalated, federal action was warranted to prevent further deterioration.

Even if it is acknowledged that the action of the President constitutes a declaration of a state of emergency, it remains legally inchoate until it receives formal approval through a resolution of the National Assembly.[10] Under the provisions of the 1999 Constitution, the President lacks the unilateral authority to declare a state of emergency.

 

Impact of declaration of state of emergency on the executive and legislative governance of a state

Conventionally, when the President of the Federation declares a state of emergency, the executive branch of the state comprising primarily the Governor and Deputy Governor along with the legislative arm, the State House of Assembly, is mandated by the President to suspend its authority and, administrators most often military officers are appointed to oversee the affairs of the state until normalcy is restored.

In 1962, the Late Tafawa Balewa, the then Prime Minister of the country, declared a state of emergency to allay the crisis in the Western Region. The region was placed under emergency rule and Dr. Moses Majekodunmi was appointed as administrator.[11] In 2004, former President Olusegun Obasanjo declared a State of Emergency in Plateau State due to the religious killings that occurred in the state. The then governor, Joshua Dariye alongside the State House of Assembly was suspended and Major General Chris Alli was appointed as administrator. In 2006, former President Olusegun Obasanjo declared a state of emergency to contain the political unrest in Ekiti state as a result of the impeachment of Governor Ayo Fayose, and Brigadier Adetunji Olurin was appointed as administrator. Former president Goodluck Ebele Jonathan on the other hand, opted to depart from this precedent and instead retained all the state functionaries when he declared a state of emergency in Borno, Yobe, and Adamawa states in 2013 and 2014. He also followed the same procedure in 2011 when he declared a state of emergency in some local government areas in Borno and Plateau states.[12]

In the extant case, the current President Bola Ahmed Tinubu declared a state of emergency in Rivers state and he temporarily suspended the Governor of the State, Siminalaya Fubara, his deputy Ngozi Odu and the entire members of the Rivers State House of assembly in an attempt to quell the impending violence rising from the escalated tension between the Governor and the State House of Assembly.

The suspension of the executive and legislative arms of the government of Rivers State has given rise to a significant question: whether the President possesses the constitutional authority to suspend an electoral appointed Governor and State House of Assembly and appoint an administrator while exercising the power to declare a state of emergency.

This question has been argued by various constitutional law experts and judicial authorities have delivered nuanced pronunciations on the issue.

Legal professor, Professor Itse Sagay, has stated in his paper that “The whole tenor of section 11 of the Constitution (which is the section containing all the powers exercisable during an emergency shows that an emergency declaration is intended to be a cooperative endeavor between the federal government and state government, whose organs, governors, House of Assembly and judiciary are fully functioning.”[13] He opines that even during a state of emergency, the state’s institution, such as the Governor, House of Assembly, and Judiciary are expected to remain operational rather than being completely suspended or replaced by federal authority in line with section 11 of the Constitution of the Federal Republic of Nigeria (as amended).

The Nigerian Bar Association (NBA) the body that houses lawyers in the country in a statement released through its President Mazi Afam Osigwe (SAN), laid its concerns on the suspension of the Governor, Deputy Governor and House of Assembly of Rivers State stating that  “The 1999 Constitution does not grant the President the power to suspend or otherwise prevent an elected governor, deputy governor, or members of a state’s legislature from exercising the functions of their offices, under the guise of a state of emergency. Rather, the Constitution provides clear procedures for the removal of a governor and deputy governor as per Section 188. Similarly, the removal of members of the House of Assembly and dissolution of parliament is governed by constitutional provisions and electoral laws, none of which appear to have been adhered to in the present circumstances. These provisions have not been followed in this instance.”[14] The body reiterated that a declaration of emergency does not automatically dissolve or suspend elected state governments, and that the Constitution does not empower the President to unilaterally remove or replace elected officials—such actions amount to an unconstitutional usurpation of power and a fundamental breach of Nigeria’s federal structure.[15]

However, the Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi held a contrary opinion as regards the suspension of the Governor, Deputy Governor and the members of the House of Assembly of Rivers State. Speaking in defense of President Bola Tinubu’s declaration of a state of emergency, Fagbemi claimed that Fubara not only failed to prevent the attacks but had also indirectly encouraged the militants.[16] He further acknowledged that the National Assembly holds the ultimate authority over the suspension and has the power to either ratify or reject it in which the National Assembly approved days after.

Judicial pronunciations have also been made as regards the suspension of elected members of the government. In Attorney General of the Federation v. Attorney General of Abia State & Ors,[17] the Supreme Court of Nigeria held that the removal of elected chairmen and councilors as well as appointment of sole administrators or caretaker committees by State Governors to run local government councils are illegal and unconstitutional.

In the case of Governor of Ekiti State & Ors. v Olubunmo & Ors,[18] where the then Governor of Ekiti State, Governor Kayode Fayemi dissolved the Local Government Councils, removed the democratically elected Council Chairmen and appointed caretaker committees, Justice C.C Nweke criticized the move stating that “Simply put, therefore, the election of such officials into their offices and their tenure are clothed with constitutional force. They cannot, therefore, be abridged without breaching the constitution from which they derive their force”

 

Comparative analysis of the implication of declaration of state of emergency on the executive and legislative arm of the state government: case study of the U.S.A and India

United State of America

The United States has remained under a continuous state of emergency since November 1979, when President Jimmy Carter declared a national emergency in response to the Iran hostage crisis and issued an executive order freezing Iranian government assets. Although Iran freed the hostages on Ronald Reagan’s inauguration day in 1981, Reagan extended Carter’s emergency declaration annually throughout his presidency. Subsequent presidents have not only upheld the 1979 emergency but have also introduced numerous additional emergency declarations of their own.[19]

When Donald Trump began his second term on January 20, 2025, the United States had approximately 40 active emergency declarations. On the day of his inauguration, he issued two additional declarations: a national energy emergency and an emergency at the U.S.-Mexico border.[20]

Notably, in the United States, a presidential declaration of a state of emergency has never resulted in the suspension or removal of a state governor, as the federal system preserves state autonomy even in crises. While the President can mobilize federal resources and impose emergency measures, executive authority over state governance remains with the governor of the state.

印度

In India, the President can declare a state of emergency under the Constitution, granting broad powers to the central government. Article 352 allows for a National Emergency in cases of war, external aggression, or armed rebellion.[21] The President’s Rule as commonly called, permits the dismissal of a state government if it fails to function constitutionally, transferring executive power to the Governor and dissolving or suspending the state legislature.[22]

Unlike the United States, where emergency powers do not extend to removing state governors, India’s constitutional framework enables direct federal intervention in state governance, often leading to political controversy.

 

Submission

Under Section 305 of the 1999 Constitution, the President is vested with the constitutional authority to declare a state of emergency in any part of Nigeria when there is a significant breakdown of public order and security. However, this power is not absolute, as it is subject to legislative oversight, requiring approval from the National Assembly to prevent potential executive overreach. The primary objective of this constitutional provision is to preserve national sovereignty and security while ensuring adherence to democratic principles and the rule of law. In the present case, President Tinubu’s declaration of a state of emergency in Rivers State is firmly within his constitutionally conferred powers and, therefore, remains legally valid.

A state of emergency permits the Federal Government to deploy security personnel, impose necessary restrictions, and implement emergency measures aimed at restoring stability. Nevertheless, it does not inherently dissolve or suspend the democratic institutions of the affected state, nor does it authorize the removal of duly elected officials who have not been found culpable of any constitutional violation. From this perspective, the suspension of the Governor, Deputy Governor, and the entire membership of the Rivers State House of Assembly by the President constitutes a clear constitutional overreach and a misapplication of the emergency powers granted to the presidency.

The Governor and Deputy Governor of Rivers State are elected representatives with a legitimate constitutional mandate, and their removal or suspension in the context of a state of emergency runs contrary to the fundamental tenets of federalism and the doctrine of separation of powers. The 1999 Constitution does not provide for the appointment of an interim administrator by the President as a substitute for the Governor. Instead, it explicitly outlines the lawful procedures for the removal of state executives, which must be strictly adhered to in accordance with due process.

Likewise, the suspension or dissolution of the Rivers State House of Assembly undermines the principles of representative democracy and constitutional governance. As an independent arm of government, the legislature plays a crucial role in lawmaking and oversight, even in times of crisis. The invocation of a state of emergency should not serve as a pretext for imposing direct federal control or circumventing established constitutional processes. Such an approach not only erodes democratic institutions but also sets a dangerous precedent for executive overreach in Nigeria’s federal structure.

 

Recommendations

To ensure that the declaration of a state of emergency aligns with constitutional principles and does not undermine Nigeria’s democratic structure, the following recommendations should be considered:

  1. Adherence to Constitutional Provisions and Federalism
    The Federal Government must strictly adhere to the provisions of the 1999 Constitution when exercising emergency powers. While the President has the authority to declare a state of emergency, such measures should be implemented in a manner that respects Nigeria’s federal system and does not usurp the autonomy of state governments.
  2. Non-Suspension of Elected State Officials
    The Governor, Deputy Governor, and House of Assembly should not be suspended or removed under the guise of emergency governance. Instead, their roles should be reinforced to ensure that governance continues effectively within the constitutional framework. Any disciplinary measures against elected officials should follow the legal procedures outlined in the Constitution, such as impeachment or judicial processes.
  3. Collaborative Governance During Emergencies

Rather than resorting to direct federal intervention, the Federal Government should prioritize collaboration with state governments to effectively manage crises. This approach should involve enhancing intergovernmental cooperation, providing security support, and strengthening state institutions to address the underlying causes of instability. In the present situation, President Tinubu can take on the role of mediator between Governor Siminalayi Fubara and the Rivers State House of Assembly to facilitate a resolution and ensure the smooth functioning of the state government.

  1. Judicial Oversight of Emergency Powers
    To prevent potential abuses of emergency powers, the judiciary should play an active role in reviewing and interpreting the constitutionality of executive actions during a state of emergency. Courts should provide a check on any attempt to exceed constitutional limits, ensuring that emergency declarations do not infringe upon democratic governance.
  2. Legislative Involvement and Oversight
    The National Assembly should not only approve a state of emergency but also actively monitor its implementation. This oversight role will ensure that emergency measures remain proportionate, temporary, and necessary to restore order without overstepping constitutional boundaries.

 

结论

The declaration of a state of emergency serves as a constitutionally sanctioned tool for responding to significant threats to public order and national security in Nigeria. While Section 305 of the 1999 Constitution empowers the President to implement emergency measures, the exercise of such authority must remain within the boundaries of constitutional provisions, particularly those that uphold democratic governance, federalism, and the separation of powers.

In this context, although President Tinubu’s proclamation of a state of emergency in Rivers State falls within his constitutional mandate, the suspension of the Governor, Deputy Governor, and the State House of Assembly exceeds the permissible scope of executive authority. The Nigerian Constitution does not confer upon the President the unilateral power to remove or suspend duly elected state officials under the pretext of emergency rule. Such actions compromise the independence of state institutions, undermine democratic norms, and weaken the federal structure of governance.

To uphold constitutional integrity, any federal intervention during a state of emergency should be strictly confined to security and administrative measures essential for restoring order, without interfering with the legitimate governance structures of the affected state. The rule of law must remain paramount in the application of emergency powers, ensuring that constitutional democracy is safeguarded even in times of crisis.

 

By Felicia Ayeomoni for Adeola Oyinlade & Co.

Adeola Oyinlade & Co. is full-service law firm in Nigeria offering legal support to both local and foreign clients in the areas of constitutional and statutory interpretation.

如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

 

手机+234 803 826 7683 / +234 802 686 0247/ +234 814 198 3314

[1] https://www.reuters.com/world/africa/nigerian-president-declares-state-emergency-oil-producing-rivers-state-2025-03-18/ Accessed 19 of March, 2025.

[2] https://www.liberties.eu/en/stories/state-of-emergency/44692 Accessed 19 of March, 2025.

[3] Section 305 (1) Constitution of the Federal Republic of Nigeria, 1999 (as amended).

[4] Section 305 (2) Constitution of the Federal Republic of Nigeria, 1999 (as amended).

[5] ibid.

[6] Section 305 (3) (a) & (b) Constitution of the Federal Republic of Nigeria, 1999 (as amended).

[7] Section 305 (3) (c) & (d) Constitution of the Federal Republic of Nigeria, 1999 (as amended).

[8] Section 305 (3) (e) & (f) Constitution of the Federal Republic of Nigeria, 1999 (as amended).

[9] Section 305 (3) (g) Constitution of Federal Republic of Nigeria, 1999 (as amended).

[10] https://edojudiciary.gov.ng/wp-content/uploads/2017/07/LEGALITY-OF-THE-PRESIDENTIAL-DECLARATION-OF-A-STATE-OF-EMERGENCY-IN-SOME-STATES-IN-NIGERIA-AND-ITS-IMPLICATION-ON-STATE-GOVERNMENT-FUNCTIONARIES-BY-BRIGHT-E.-ONIHA.pdf Accessed 19th of March, 2025.

[11] https://pmnewsnigeria.com/2025/03/18/nigerias-history-of-crisis-a-timeline-of-state-of-emergency-declarations/

[12] (n 10)

[13] Itse Sagay, “Nigeria: The Unfinished Federal Project”, delivered at the 8th Justice Idigbe Memorial Lecture (University of Benin) 2008, 50.

[14] https://blog.nigerianbar.org.ng/2025/03/18/state-of-emergency-in-rivers-suspension-or-otherwise-summary-removal-of-a-democratically-elected-governor-and-other-elected-officials-is-unconstitutional/ Accessed 19 of March 2025.

[15] Ibid.

[16] https://tribuneonlineng.com/fubaras-suspension-the-ball-is-now-in-the-court-of-national-assembly-agf/ Accessed 19 of March 2025.

[17] (2024) LPELR-62576 (SC).

[18] (2016) LPELR-48040 (SC)

[19] https://www.history.com/news/national-state-of-emergency-us-presidents accessed 19th of March, 2025.

[20] Ibid.

[21] Constitution of India, section 352

[22] Constitution of India, section 356.

导言

The investment and Securities Act (ISA) 2024 was signed into law by President Bola Tinubu in March 2025. The Act repealed the Investment and Securities Act (ISA) 2007. The new Act is enacted to protect investors, ensure fair and efficient markets, and build trust in the financial system. The Investment and Securities Act is the principal law in Nigeria regulating investments and the capital market. Principally, it sets out the rules for public offers of securities, mutual funds, mergers and acquisitions of public companies, and other parts of the capital market.  The Nigerian capital market is experiencing significant growth and progress; hence the government has enacted an up-to-date rule to strengthen investor trust, align our market with global standards and crack down on fraudsters.

 

Major Highlights in The Investment and Securities Act (ISA) 2024

The Act provides for several novel and notable provisions that are capable of transforming and safeguarding Nigeria’s Capital market and attracting the much-needed investment that will culminate in boosting Nigeria’s economy.

 

  1. Management of Systemic Risk

The Securities and Exchange Commission is empowered to request any capital market participant to submit any information or document where the Commission considers it necessary for the purpose of monitoring, mitigating and managing systemic risks in the capital market or where the Commission receives a request from a financial sector regulator. A capital market participant who fails to comply with the request made by the commission is liable to a penalty of not less than Five Million (N5, 000,000) and a further penalty of not less than Ten Thousand Naira (N10, 000) for every day that the infraction continues.

Systemic risk means a situation where a significant market participant or a number of market participants experiences financial distress or there is a major disruption in the transmission, execution or processing of securities transactions.[1]

 

  1. Strengthened Securities and Exchange Commission (SEC)

The Securities and Exchange Commission (SEC) now has greater authority to oversee and regulate the market. The Act reaffirms the SEC as the apex regulator and empowers it by improved tools for enforcement, which help tackle violations like insider trading, market manipulation, and fraudulent schemes. With these enhanced powers, the SEC can maintain a more transparent and secure market environment[2]

 

  1. Mandatory use of Legal Entity Identifier (LEI)

The Act introduces the mandatory use of Legal Entity Identifiers (LEIs) by participants in capital market transactions. Companies issuing securities or major investors will need an LEI for their transaction. This stipulation is designed to improve transparency in the conduct of securities transactions by helping regulators trace and verify transactions more easily across the globe, boosting transparency in our market. LEI can be seen as a global Identification card for financial entities[3]

 

  1. Transfer of Unclaimed Dividends into a trust fund

The Act requires that unclaimed dividends be transferred to a trust fund supervised by the Securities and Exchange Commission (SEC). Any unauthorized handling of unclaimed dividends is prohibited and punishable by:  A one-time fine of ₦10 million and an additional daily fine of ₦50,000 until the violation is resolved.[4]

 

  1. Tougher Measures Against Ponzi Schemes and Illegal Investments

The Act expressly prohibits Ponzi schemes and other fraudulent investment schemes while it also prescribing tough penalties, including hefty jail terms for anyone promoting or operating such schemes. The Act stipulates that promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than N20,000,000 or imprisonment to a term of 10 years or both.[5]

 

  1. Formal Acknowledgement of Cryptocurrencies and Other Digital Assets

Under the provisions of the new Act, Nigeria legally recognizes virtual/digital assets like cryptocurrencies as securities. By extension, crypto assets and platforms are now under SEC’s regulatory purview. Exchanges or companies dealing in digital assets must register and follow SEC rules just like stockbrokers or other finance companies. This step aims to curb fraudulent activities in the digital space while fostering trust and innovation in blockchain technologies.

 

  1. Upgrading Market Systems and Frameworks

The law also modernizes how our markets operate. It classifies types of stock exchanges into Composite and Non-composite Exchanges. A Composite Exchange is one in which all categories of securities and products can be listed and traded, while a Non-composite Exchange focuses on a singular type of security or product. [6]

 

  1. Strengthening the Investments and Securities Tribunal

The Act strengthens the Investments and Securities Tribunal, the special court for capital market disputes – so it can resolve issues faster and uphold investor rights. The provisions pertains to the Composition of the Tribunal (increased the number of members from 10 – 12 to be appointed by the president as against appointment by the minister in the repealed Act), constitution of the Tribunal, qualification and appointment of the Chief Registrar as well as the jurisdiction of the Tribunal to enhance the ability of the Tribunal to optimally discharge its mandate.[7] 

 

  1. Issuance of Securities by Sub-Nationals and their Agencies

Salient provisions of the Act address existing restrictions in respect of raising of funds from the capital market by Sub-Nationals to allow for greater flexibility in this regard. State and local governments can now raise funds through the capital markets for public projects like infrastructure or healthcare. This reduces their reliance on federal allocations or debt, fostering economic development at sub-national levels while increasing transparency in fund utilization.[8]

 

  1. Modification of general Insolvency law

The act established insolvency procedures separate from those listed in CAMA 2020 as a result of the peculiarity of the structure, operations and transactions of financial market infrastructure and the identified participants.[9]

 

  1. Broadened Definition of Securities

The Act expands the definition of securities to include Virtual/digital asset and Investment contracts. This update brings the following entities under the regulatory oversight of the Securities and Exchange Commission (SEC): Virtual Asset Service Providers (VASPs), Digital Asset Operators (DAOPs) and Digital Asset Exchanges[10]

 

The effects of the new regulation on the capital market, stakeholders and participants

The new Investments and Securities Act (ISA) 2025 is a game-changer for Nigeria’s capital market, bringing about significant improvements in regulation, innovation, investor protection, and global alignment.

 

  1. A more confident capital market

The ISA 2025 expands the Securities and Exchange Commission’s (SEC) powers, enabling more decisive enforcement of rules and greater oversight of market players. This aligns Nigeria with international best practices, making the market safer and more attractive to local and foreign investors.

 

  1. Supporting technological advancement

The Act recognizes digital assets, like cryptocurrencies, as part of the regulated market, providing oversight and managing risk. This move is expected to spur growth in fintech and digital finance, while protecting investors.

 

  1. Improved investment security

The ISA 2025 cracks down on Ponzi schemes and illegal investments, providing a clear legal framework to shut them down and punish culprits. This enhances investor protection, deter fraudsters, and provides more peace of mind for investors.

 

  1. Harmonization with international standard

The Act aligns Nigeria’s capital market with global standards, adopting tools like the Legal Entity Identifier (LEI) for transparency. This sends a message that Nigeria’s market is “open for business” and trustworthy, attracting foreign investment and benefiting local investors.

 

结论

The Investment and Securities Act 2024 is a step towards achieving greater stability, transparency, and investor confidence in the Nigeria’s Capital Market.  By empowering the Securities and Exchange Commission, embracing the evolving landscape of digital assets and addressing systemic risks, the Act positions Nigeria to attract both domestic and international investment. The stringent measures against fraudulent schemes such as Ponzi schemes, coupled with the modernization of market systems and the strengthening of the Investments and Securities Tribunal, create a safer environment for all market participants to transact. In addition, the Act’s alignment with global standards, through initiatives like the mandatory use of Legal Entity Identifiers, signals Nigeria’s commitment to fostering a trustworthy and competitive financial ecosystem.  Ultimately, the ISA 2024 is more than just a legislative update; it is a strategic investment in the future of Nigeria’s economy, paving the way for sustainable growth and prosperity by cultivating a robust, reliable, and forward-thinking capital market.

 

By Olamilekan C. Fayemi for Adeola Oyinlade & Co.

Adeola Oyinlade & Co. is top corporate and commercial law firm in Nigeria offering legal support to both local and foreign clients in the areas of corporate, business restructuring and capital markets.

如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

 

手机+234 803 826 7683 / +234 802 686 0247/ +234 814 198 3314

[1] Section 82 of the Investment and Securities Act (ISA) 2024

[2] Section 3 of the Investment and Securities Act (ISA) 2024

[3] Section 123 of the Investment and Securities Act (ISA) 2024

[4] Section 93 of the Investment and Securities Act (ISA) 2024

[5] Section 195 of the Investment and Securities Act (ISA) 2024

[6] Section 27 of the investment and Securities Act (ISA) 2024

[7] Section 309 of the Investment and Securities Act (ISA) 2024

[8] Section 260 of the Investment and Securities  Act (ISA) 2024

[9] Section 45 of the Investment and Securities Act (ISA) 2024

[10] Interpretation section of the Investment and Securities Act (ISA) 2024

在尼日利亚,《2020 年公司及相关事务法》(CAMA)对公司董事的任命和免职做出了规定。

希望罢免董事的股东应(在股东大会召开前 28 天)就寻求罢免相关董事的决议发出特别通知,或任命其他董事代替被罢免的董事。

在本文中,我们将回答一些有关尼日利亚法律规定的公司董事免职和任命法律程序的重要问题。

 

在尼日利亚,什么情况下可以罢免董事?

在以下情况下,尼日利亚的董事可以被免职:

  • 普通决议:股东可在股东大会上通过普通决议罢免董事,无论董事的任期长短。
  • 违反职责:董事可能会因未能履行职责而被免职,如不出席会议或违反信托责任。
  • 丧失行为能力或患病:如果董事丧失能力或精神上不适合履行职责。
  • 破产:如果董事破产或与债权人达成自愿安排。
  • 未能遵守法律要求:未能遵守尼日利亚公司法(包括《公司及相关事务法》(CAMA)中规定的法律)的董事可能会被免职

 

在尼日利亚,罢免董事的程序是什么?

在尼日利亚,罢免董事的程序一般包括

  1. 会议通知:必须向公司和所有股东发出通知,说明将在股东大会上提出罢免董事的决议。
  2. 通过决议:普通决议必须在股东大会上获得多数股东通过,至少有 51% 票赞成罢免。
  3. 辩护机会:面临免职的董事必须有机会在会议上为自己辩护。
  4. 向公司事务委员会 (CAC) 提交文件:决议通过后,公司必须将董事免职一事通知公司事务委员会 (CAC)。

 

在尼日利亚,是否可以在未经董事同意的情况下将其免职?

是的,在尼日利亚,只要按照《公司及相关事务法》(CAMA)和公司章程的规定,可以不经董事同意将其免职。尽管必须给予董事向股东陈述理由的机会,但通过罢免决议无需征得董事同意。

 

在尼日利亚,是否有针对不公正罢免董事的保护措施?

是的,有一些针对不公平罢免董事的保护措施:

  • 发表意见权:在做出任何决定之前,董事必须有机会在大会上为自己辩护。
  • 上诉:如果董事认为免职是不公正的,他们可以向法院提出质疑,尤其是在声称法律适用不当或违反公司章程的情况下。
  • 法律框架:搬迁必须遵守公司章程和《公司及相关事务法》(CAMA)的规定。

 

在尼日利亚,被免职的董事可以要求离职金吗?

被免职的董事只有在其雇佣合同或公司章程中有规定时才有权获得离职福利。如果没有这些条款,除非另有约定或法律规定,否则董事通常无权获得离职金。

 

主任被免职后,其职位会发生什么变化?

董事被免职后,职位会出现空缺,公司可任命一名新董事接替空缺职位。新董事的任命必须遵循公司的程序,其中可能涉及股东批准或董事会提名,具体取决于公司的组织章程。

 

在尼日利亚,罢免私营公司董事的程序与罢免上市公司董事的程序是否不同?

私人公司和上市公司罢免董事的基本程序相似,但上市公司可能有额外的程序要求,如遵守尼日利亚证券交易所(NSE)制定的规则和披露要求。上市公司还可能面临更多与罢免董事有关的审查和规定。

 

在尼日利亚,是否可以因个人原因(如与股东发生冲突)将董事免职?

董事可因个人原因被免职,包括与股东的冲突,但此类冲突必须在公司治理结构和 CAMA 的框架内处理。除非个人冲突影响了董事履行职责的能力或违反了其对公司的法律义务,否则仅凭个人冲突可能不足以将其免职。

 

在尼日利亚,可以解除身为股东的董事的职务吗?

是的,可以罢免身为股东的董事。罢免董事的程序受《公司及相关事务法》(Companies and Allied Matters Act,CAMA)管辖,该法允许股东通过决议罢免董事,无论其股东身份如何。

 

在尼日利亚,可以解除身为股东的董事的股东职务吗?

不,董事不能仅仅因为被解除董事职务而被解除股东职务。股东是公司的所有者,他们的所有权并不取决于他们作为董事的角色。解除股东职务需要另外的程序,如出售或转让其股份,或援引公司章程(如有)中允许在某些条件下没收或强制出售股份的条款。

注:本文内容旨在为相关主题提供一般性指导。有关您的具体情况,请咨询专家。

 

作者:Ayoola Hassan for Adeola Oyinlade & Co.

 

Adeola Oyinlade & Co. is a leading full-service law firm in Nigeria offering legal support to both local and foreign clients in the area of corporate law.

如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

手机+234 803 826 7683 / +234 802 686 0247/ +234 814 198 3314

导言

专利所有权赋予持有人管理其发明的创造、使用、进口和销售的专有权。不过,专利资格须符合某些标准,并非所有发明都符合条件。在尼日利亚注册专利涉及多个步骤和要求。

本文旨在讨论尼日利亚专利注册的复杂性,包括立法框架和其他重要方面。

 

什么是专利?

专利是政府授予发明人的一项专有权,允许发明人在规定期限内制造、使用、销售或向公众许可其发明。作为回报,发明人必须在保护期满后公开披露发明的细节

 

尼日利亚的专利注册受什么法律管辖?

监管法律是《专利和外观设计法[i]该法规定了专利保护、专利性和其他相关方面的规则和标准

 

专利或外观设计注册所赋予的权利和保护
根据第 19(1)条[ii]工业品外观设计注册后,注册所有人有权阻止任何其他人从事以下行为:

(a) 在产品制造中复制外观设计;

(b) 为商业目的进口、销售或使用复制该外观设计的产品;

(c) 持有此类产品,目的是将其出售或用于商业目的[iii].

 

专利注册要求

要在尼日利亚注册专利,您的发明必须符合某些标准,包括

- 新颖性:你的发明必须是新的,而且在申请专利之前尚未在世界上任何地方为人所知或使用。

- 发明步骤:您的发明对本领域的技术人员来说必须不是显而易见的。

- 工业适用性:您的发明必须能够应用于某个行业。

此外,您还需要提供以下文件

- 申请表:附有申请人全名和地址的专利申请或请求书。

- 委托书:如果申请由代理人提出,则需提供代理人签署的授权委托书。

- 说明书:说明书:包括一式两份权利要求书的说明书。

- 图纸:一式两份的计划和图纸(如有)。

- 声明:真正发明人的声明(如适用)。

 

专利注册程序

以下是尼日利亚专利注册程序概览:

联邦工业、贸易和投资部商法司负责监督尼日利亚的商标、专利和外观设计注册工作。申请专利的类型(产品或工艺)并不影响注册程序。

专利注册程序

  1. 进行检索:在提交专利申请之前,请在尼日利亚专利和商标注册处或在专利代理人的协助下进行检索,以确保发明是新颖且非显而易见的。

 

  1. 准备申请:提交所需文件,包括
  2. 专利申请或请求(表格 1A)
  3. 签名的授权委托书(表格 2)
  4. 说明书,包括权利要求书(表格 3)
  5. 计划和图纸(如适用)
  6. 真正发明人的声明(如适用)
  7. 提交申请:向尼日利亚专利和商标注册处提交电子版或打印版申请,并附上申请费。

 

  1. 审查:注册官审查申请,确保其符合专利性要求和形式合规性。

 

  1. 授予专利:如果在公布后两个月内未提出异议,则授予专利权并颁发注册证书。

 

专利的期限和有效性

在尼日利亚,从专利申请到专利授权,整个专利注册过程通常需要 3 个月左右的时间。

专利的有效期为二十年,从最初申请日起算。为保持专利的有效性,必须在规定期限内缴纳年费。允许有六个月的宽限期,宽限期后需缴纳附加费。

 

结论

注册专利可确保专利持有人的专有权,防止他人为商业利益而制造、使用或销售其发明。为确保注册过程顺利并符合法律要求,建议咨询专利律师。 专利代理人 寻求专家指导。

请注意: 本文内容旨在为相关主题提供一般性指导。关于您的具体情况,应寻求专家建议。

 

Deborah Ogedengbe 和 Adeola Austin Oyinlade 报道 阿德奥拉-奥因拉德律师事务所.

 

Adeola Oyinlade & Co. 是尼日利亚一家领先的提供全方位服务的律师事务所,为本地和外国客户提供法律支持,擅长知识产权相关事务,包括尼日利亚的专利、商标、工业设计、版权和产品注册。

如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

电话+234 803 826 7683 / +234 802 686 0247/ +234 814 198 3314

 

 

[i] CAP P2 LFN 2004

[ii] 专利和外观设计法

[iii] Densy Ind.Ltd v Uzokwe (1998) 9 NWLR (Pt. 567) 569 (Pg 580 Paras C-D)

尼日利亚的收养程序涉及一系列步骤,包括咨询、提交文件和法院申请。儿童权利法》规定了收养程序并概述了收养要求。尼日利亚各州的收养程序不尽相同,这是因为尼日利亚各州可立法规定的范围之内。

在本文中,我们将回答有关尼日利亚收养程序和要求的重要问题。

 

尼日利亚有哪些关于收养的法律?

尼日利亚有关收养的主要法律包括

  1. 2003 年《儿童权利法》(适用于联邦首都直辖区和已将其纳入国内法的各州)。
  2. 各州的收养法(每个州都有自己特定的收养法)。
  3. 婚姻诉讼法》(与跨国收养有关)。
  4. 习惯法和伊斯兰法(适用于某些地区)。

 

哪些人有资格收养尼日利亚儿童?

领养的资格标准因州而异,但一般包括

  1. 收养人必须至少年满 25 岁,且至少比儿童年长 21 岁。
  2. 收养人必须心智健全,有经济能力抚养孩子。
  3. 已婚夫妇必须在配偶双方同意的情况下共同收养。
  4. 单身人士可以领养,但有些州限制单身男性领养。
  5. 收养人必须没有犯罪记录,尤其是针对儿童的犯罪记录。
  6. 外国人只有在尼日利亚居住至少一年后才能收养子女(各州情况不同)。

 

哪些人可以在尼日利亚被收养?

符合收养条件的儿童必须

  1. 未满 18 周岁。
  2. 成为孤儿、被亲生父母遗弃或放弃。
  3. 法院或儿童福利机构宣布可收养。
  4. 没有亲生父母(如果在世)的合法要求或反对。

 

在尼日利亚收养儿童的程序是什么?

收养过程通常包括以下步骤:

  1. 申请:准收养父母向妇女事务部或相关儿童福利部门提交正式申请。
  2. 筛选和家庭调查:当局会进行背景调查、家访和心理评估,以评估是否合适。
  3. 收养前寄养:儿童可能会在试用期内(通常为 3 个月至 1 年,视各州而定)由收养父母照顾。
  4. 法院申请:未来父母向法院提交收养申请,寻求法律批准。
  5. 法庭听证和命令:法院审查福利机构的报告,确保符合法律规定,并在满意的情况下签发领养令。
  6. 收养登记:法院命令下达后,收养要在适当的政府机构进行登记。
  7. 签发新出生证明:可签发新的出生证明,将收养父母列为合法父母。

 

在尼日利亚办理领养手续需要哪些文件?

所需文件通常包括

  1. 正式收养申请
  2. 出生证明或年龄声明宣誓书
  3. 结婚证书(已婚夫妇)
  4. 证明身心健康的医疗证明
  5. 警方证明(核实无犯罪记录)
  6. 财务报表或稳定收入证明
  7. 社会福利官员的家庭调查报告
  8. 儿童亲生父母或监护人的同意文件(如适用

 

外国人可以收养尼日利亚儿童吗?

可以,但他们必须满足其他要求,包括

  1. 收养前在尼日利亚居住至少 12 个月。
  2. 妇女事务部批准。
  3. 遵守国际收养条约(如适用的《海牙收养公约》)。

有些州有更严格的规定或可能禁止跨国收养。

 

法院在收养程序中扮演什么角色?

法院在以下方面发挥着至关重要的作用

  1. 审查收养申请。
  2. 确保遵守收养法。
  3. 核实收养符合儿童的最佳利益。
  4. 签发收养令,最终完成收养程序。

 

在尼日利亚,被收养儿童有哪些权利?

领养子女享有与亲生子女相同的权利,包括

  1. 继承养父母遗产的权利。
  2. 受教育权、医疗保健权和福利权。
  3. 免受虐待和忽视的权利。
  4. 身份权和公民权(如适用)。

 

尼日利亚的收养费用是多少?

领养费用各不相同,但可能包括

  1. 申请费(由州收养机构规定)。
  2. 法庭诉讼费。
  3. 医疗和家庭研究评估。
  4. 文件和登记的手续费。
  5. 差旅费(跨州或国际收养)。

 

结论

在尼日利亚,收养是一个合法的程序,但有时也很复杂,需要遵守联邦和各州的法律。潜在的收养父母必须确保他们符合所有法律和程序要求,同时优先考虑儿童的最佳利益。

收养是一个建立家庭的美好过程。然而,重要的是,领养人的专业知识 家庭法专家 特别是在如何驾驭复杂的程序方面。

请注意: 本文内容旨在为相关主题提供一般性指导。关于您的具体情况,应寻求专家建议。

 

作者:Deborah Ogedengbe 阿德奥拉-奥因拉德律师事务所.

 

Adeola Oyinlade & Co. 是尼日利亚一家领先的提供全方位服务的律师事务所,为本地和外国客户提供家庭法领域的法律支持。

如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

手机+234 803 826 7683 / +234 802 686 0247/ +234 814 198 3314

代孕是越来越多不孕不育夫妇的选择,但由于缺乏全面的联邦立法,代孕在尼日利亚的法律地位仍不明确。

在本文中,我们将回答一些有关尼日利亚代孕行为合法性的重要问题。

 

什么是代孕?

代孕是一种安排,由一名妇女(代孕母亲)代另一人或夫妇(意定父母)怀胎并生下孩子。它可以是

  1. 传统代孕--代孕者提供自己的卵子并进行人工授精。
  2. 妊娠代孕--代孕者怀有利用意定父母或捐献者的卵子和精子制造的胚胎,与代孕者没有遗传联系。

 

代孕在尼日利亚合法吗?

尼日利亚没有专门规范代孕的联邦法律。不过,一些州(如拉各斯)根据《2021 年拉各斯州辅助生殖技术(ART)法》制定了允许代孕的指导方针。

  1. 2003 年《儿童权利法》对儿童福利做出了规定,但并未明确涉及代孕问题。
  2. 代孕协议通常作为当事人之间的私人合同执行,因此受合同法管辖。

 

尼日利亚法律承认代孕吗?

虽然代孕没有明确规定为非法,但尼日利亚法律也没有明确承认代孕。在没有明确立法的情况下,法院通常将代孕协议视为合同安排,这意味着协议的可执行性取决于协议条款和一般合同法原则。

如果协议与公共政策相抵触或代孕者拒绝放弃孩子,法院可能会拒绝承认协议。

如果代孕者和意定父母之间发生纠纷,可能会产生法律挑战。

 

谁可以在尼日利亚代孕?

虽然没有明确的联邦法律,但通常的做法要求代孕者必须

  1. 达到法定年龄(一般为 21 岁及以上)。
  2. 曾经分娩过(以降低医疗和情感风险)。
  3. 通过医疗和心理筛查。
  4. 签署一份具有法律约束力的合同,概述权利、责任和报酬(如适用)。

 

生育诊所在尼日利亚代孕中扮演什么角色?

生育诊所通过以下方式为代孕安排提供便利:

  1. 对代孕者和预期父母进行医疗和心理评估。
  2. 提供体外受精(IVF)和胚胎移植服务。
  3. 为代孕者和意向父母提供咨询。

然而,由于缺乏政府监督,一些诊所可能会采取不道德的做法,因此法律尽职调查至关重要。

 

在尼日利亚签订代孕协议之前,意向父母应采取哪些步骤?

为了尽量减少法律风险,准父母应该

  1. 咨询 经验丰富的律师 - 起草一份具有法律效力的代孕合同。
  2. 选择信誉良好的生育诊所 - 确保符合道德和医疗要求。
  3. 获得法院命令 - 确保出生后的合法父母身份。
  4. 为收养做准备(如有必要)--以防法院要求进行正式收养程序。
  5. 确保各方都接受医疗和心理筛查。

 

外国人可以在尼日利亚代孕吗?

外国人可以在尼日利亚代孕,但对国际意向父母没有明确的法律保护。移民法和国籍法可能会使孩子的身份复杂化。一些诊所为跨境代孕安排提供便利,但需要尽职调查。

 

结论

尼日利亚的代孕处于法律灰色地带,没有全面的联邦立法来规范这一过程。虽然一些州(如拉各斯)制定了指导方针,但没有全国性的法律框架来保护意向父母、代孕者或孩子。考虑代孕的夫妇必须采取法律预防措施,包括起草合同、寻求法院命令和咨询生育专家。

请注意: 本文内容旨在为相关主题提供一般性指导。关于您的具体情况,应寻求专家建议。

作者:Deborah Ogedengbe 阿德奥拉-奥因拉德律师事务所.

 

Adeola Oyinlade & Co. 是尼日利亚一家领先的提供全方位服务的律师事务所,为本地和外国客户提供家庭法领域的法律支持。

如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

手机+234 803 826 7683 / +234 802 686 0247/ +234 814 198 3314

导言

技术转让协议在尼日利亚至关重要,通过促进国内公司与国际合作伙伴之间的专业知识、技能和技术交流,推动创新和经济增长。这种交流对于解决各部门之间的技术差距至关重要。

本文有助于了解这些协议的要求、注册程序、费用和流行趋势。

 

监管法

尼日利亚版权法》和《专利与外观设计法》为保护知识产权提供了框架,但公司必须确保其协议符合这些法律,以避免潜在纠纷。

 

TTA 有哪些好处

技术转让协议(TTA)为尼日利亚企业和国民经济带来了巨大优势,其中包括

  1. 获得先进技术和专业知识。
  2. 提高地方创新和工业能力。
  3. 促进国际合作与伙伴关系。
  4. 创造就业机会和发展技能。
  5. 经济多样化和可持续增长。

 

注册程序

在尼日利亚,负责监督和登记技术转让协议的主要政府机构是国家技术获取和促进办公室 (NOTAP)。

尼日利亚技术转让协议的登记程序涉及几个关键步骤:

  1. 拟定协议:双方需要起草一份全面的技术转让协议,概述条款和条件,包括转让技术的范围、付款条件和协议期限。
  2. 提交国家技术获取和推广办公室:协议拟定后,必须提交给国家技术获取与推广办公室 (NOTAP) 进行登记。提交的文件应包括已签署的协议和任何必要的文件,如有关各方的身份证明和技术来源证明。
  3. NOTAP 审查:NOTAP 将审查所提交的文件,以确保符合当地的法律法规。审查过程可能包括评估协议是否符合国家利益和技术发展目标。
  4. 支付费用:注册过程中可能会产生相关费用。有关各方需要在注册时支付这些费用。
  5. 颁发注册证书:如果协议符合所有要求,NOTAP 将颁发注册证书。该证书是技术转让协议得到政府正式承认的证明。
  6. 合规监督:注册后,双方均应遵守协议条款。NOTAP 可能会进行定期检查,以确保合规并解决可能出现的任何问题。

这一程序有助于保护技术提供者和接受者双方的利益,同时促进尼日利亚技术转让活动的透明度和问责制。

在线注册流程

尼日利亚技术转让协议的在线注册过程通常包括以下步骤:

  1. 访问 NOTAP 网站:首先访问国家技术获取与推广办公室 (NOTAP) 的官方网站。
  2. 创建账户:如果您是首次使用,可能需要在平台上创建一个账户。这通常需要提供一些基本信息。
  3. 填写申请表:登录后,找到技术转让协议部分,填写在线申请表。确保准确提供所有必要的详细信息。
  4. 上传必要文件:您需要上传已签署的技术转让协议和任何其他证明文件,如身份证明和技术证明。
  5. 支付注册费:平台将引导您完成注册费支付流程。请务必完成此步骤才能继续。
  6. 提交申请:填写表格并上传文件后,请检查所有内容以确保准确无误,然后提交申请。
  7. 接收确认:提交申请后,您应该会收到一封有关申请状态的确认电子邮件或通知。
  8. 颁发证书:如果您的申请获得批准,NOTAP 将颁发注册证书,您通常可从您的账户中下载该证书。

这一在线流程简化了注册程序,使各方更容易管理其协议。

 

在审查技术转让协议时,NOTAP 通常会注意几个常见问题,包括

  1. 遵守当地法律:NOTAP 检查协议是否符合尼日利亚有关技术转让和知识产权的法律法规。
  2. 条款明确:协议应明确规定双方的权利和义务,包括转让技术的范围、付款条件和期限。
  3. 国家利益:NOTAP 评估技术转让是否符合尼日利亚的国家利益和发展目标,确保技术转让对当地经济做出积极贡献。
  4. 技术核查:他们可以核实所转让技术的真实性和来源,以确保其合法并有适当的记录。
  5. 知识产权保护:协议应包括保护技术提供者知识产权的条款,并确保这些权利不受侵犯。
  6. 当地发展潜力:NOTAP 寻找有可能促进尼日利亚当地能力建设、知识转让和技术进步的协议。

通过解决这些问题,NOTAP 旨在确保技术转让协议是有益的,并且符合国家法规。

 

协议模式

尼日利亚国家技术获取和促进办公室(NOTAP)认可几种技术转让协议模式。主要有以下几种:

  1. 许可协议:这允许一方在特定条件下使用另一方的技术,通常涉及使用费。
  2. 合资协议:双方合作创建一个利用转让技术的新实体,共担风险,共享利润。
  3. 特许经营协议:这涉及授予使用商业模式和技术的权利,通常是为了换取费用或特许权使用费。
  4. 研究与开发协议:这种模式的重点是合作开发新技术或改进现有技术,共同拥有成果。
  5. 技术援助协议:一方向另一方提供技术支持、培训或咨询,促进技术的有效使用。

 

按 NOTAP 划分的技术转让协议费用

在尼日利亚国家技术获取与促进办公室 (NOTAP) 注册技术转让协议 (TTA) 的费用根据合同价值而有所不同。以下是注册费用明细:

- 500 万英镑以下:10 万英镑

- ₦5 百万 - ₦10 百万: ₦150,000

- ₦1,000 万 - ₦2,000 万: ₦250,000

- ₦ 2,000 万 - ₦ 5,000 万: ₦500,000

- ₦5,000 万 - ₦1 亿: ₦1,000,000

- ₦1 亿 - ₦2.5 亿: ₦1,250,000

- ₦2.5亿 - ₦5亿: ₦1,500,000

- ₦5 亿 - ₦10 亿: ₦1,750,000

- ₦10 亿 - ₦15 亿: ₦2,000,000

- ₦15 亿 - ₦20 亿: ₦2,500,000

- ₦20 亿 - ₦25 亿: ₦3,000,000

- ₦25 亿 - ₦50 亿: ₦5,000,000

- ₦50 亿 - ₦100 亿: ₦10,000,000

- 100 亿英镑以上:20000 万英镑

此外,还需缴纳 50,000 英镑的演示费,逾期提交还需缴纳 100,000 英镑的违约金。

 

结论

要成功驾驭技术转让协议(TTAs),需要精心策划、遵守法规和制定明确的业务战略。通过利用技术转让协议,尼日利亚企业可以利用国际专业知识,加快技术进步,促进工业发展。

请注意: 本文内容旨在为相关主题提供一般性指导。关于您的具体情况,应寻求专家建议。

由 德博拉-奥格登贝 对于 阿德奥拉-奥因拉德律师事务所.

 

Adeola Oyinlade & Co. 是尼日利亚一家领先的公司和商业全方位服务律师事务所,为尼日利亚知识产权、金融科技和技术领域的本地和外国客户提供咨询服务。

如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

手机+234 803 826 7683 / +234 802 686 0247/ +234 814 198 3314

导言

承认和执行外国判决是指承认和执行不同国家法院判决的法律程序。法律体系的这一方面对于维护国际法的完整性和确保司法公正跨越国界至关重要。

在执行外国判决时,了解相关的法律要求和程序至关重要。通常情况下,这一程序涉及向当地法院提交外国判决,并证明其符合某些承认和执行标准。这可能包括证明判决是由具有管辖权的法院签发的,并且相关各方都有公平的机会陈述案情。

在外国判决得到承认和执行的情况下,会对相关当事人产生重大影响。它可以为寻求收回判决或维护自身权利的原告提供救济,同时也可以追究被告对其行为的责任,无论这些行为发生在何处。

在尼日利亚承认和执行外国判决的程序是法律制度的一个重要方面,可确保执行国际交易产生的权利和义务。本文概述了尼日利亚承认和执行外国判决的程序和规定。

 

承认和执行外国判决的法律制度

尼日利亚作为包括《关于承认和执行外国仲裁裁决的纽约公约》在内的各种国际公约的成员,已经建立了承认和执行外国判决的法律框架。尼日利亚还与一些国家签署了双边协议,以促进判决的承认和执行。

在尼日利亚,外国判决的承认和执行受《相互执行判决法令》(Cap 175 LFN 1958)、《外国判决(相互执行)法》(Cap F34 LFN 2004)和普通法的管辖。

  1. 相互执行判决条例》: 这包括英国、加纳、塞拉利昂、冈比亚、巴巴多斯、百慕大、英属圭亚那、直布罗陀、格林纳达、牙买加、背风群岛、纽芬兰、新南威尔士、圣卢西亚、圣文森特、特立尼达和多巴哥以及维多利亚法院做出的判决。

 

  1. 外国判决(相互执行)法》: 该法概述了执行指定国家判决的程序。它为寻求在尼日利亚执行外国判决的当事人提供了一个清晰透明的程序,确保所有相关当事人的权利得到保护。

 

  1. 普通法: 根据普通法,外国判决被视为债务,并为债权人创造了新的诉因。这一观点在尼日利亚一直有效,直至被法规废除或修改。

 

  1. 其他适用法律: 申请登记和执行的法院也适用《治安官和民事诉讼程序法》以及民事诉讼程序规则、

 

根据《交互执行判决条例》执行外国判决

该条例适用于在以下英联邦国家/领土获得的判决:塞拉利昂、加纳、冈比亚、纽芬兰、新南威尔士、维多利亚、巴巴多斯、百慕大、英属圭亚那、直布罗陀、格林纳达、牙买加、背风群岛、圣卢西亚、圣文森特以及特立尼达和多巴哥。

根据该条例,登记程序必须在判决日期后 12 个月内完成,或在法院允许的更长期限内完成。

根据《法令》第 3 条的规定,只有在下列情况下,其他国家的判决才能在尼日利 亚得到承认和支持:

  • 是由英格兰或爱尔兰高等法院、苏格兰最高民事法庭或根据《条例》第 5 条以公告形式宣布《条例》适用的女王陛下领地(即英联邦国家)内的高级记录法院做出的裁决。

 

根据该法第 3 条,外国的判决只有在以下情况下才能在尼日利亚得到承认和执行:

  • 它是高级记录法院的判决;
  • 它是双方之间的最终和决定性判决;
  • 判决由具有管辖权的法院作出;以及
  • 判决的金额确定,但不包括可作为税款、罚金或其他处罚收回的款项

 

根据本条例不能执行的外国判决

根据该条例,在以下情况下,外国判决不能被登记或执行:

  • 原审法院缺乏管辖权,或
  • 如果判决债务人未在原法院管辖范围内居住或经营业务;或
  • 判决债务人不在原法院居住、经营业务或服从原法院管辖,即判决债务人不受原法院管辖;或
  • 尽管判决债务人的住所或营业地在法院的管辖范围内,但判决债务人没有到庭参加诉讼,也没有收到送达判决债务人的法院传票;或
  • 在获得判决时涉及欺诈;或
  • 判决债务人向法院证明其计划对判决提起上诉,或正在对判决提起上诉;
  • 判决涉及登记法院因公共政策而无法考虑的诉因;或

 

根据《条例》登记和执行外国判决的程序

  • 根據該條例,尋求將外國判決登記的許可的申請,須以單方面呈請或通知法官的方式提出。法官可指示单方面提出的呈请以通知方式提出。呈請書須以事實誓章支持,誓章須展示經核證的判決副本,並述明據宣誓人所知及所信,判定債權人有權執行判決。
  • 法院在听取申请后,可通过命令准许判决债权人登记判决。在准予许可的命令下达后,如果该命令是根据通知申请下达的,则必须送达判决债务人。但是,如果命令是根据单方申请作出的,则无需将命令送达判决债务人。
  • 此后,判决书将连同准予登记的命令一并登记在高等法院登记处的判决书登记簿上。
  • 登记通知应在登记后的合理时间内送达判决债务人。
  • 判决债务人可在准予登记判决的命令中规定的时限内,通过原诉申请书向法官申请撤销登记或暂停执行判决。法官如果确信案件属于不得登记的限制案件之一,或出于任何其他原因,可命令无条件或按其认为合适的条件撤销登记或暂停执行判决。
  • 判决一经登记,即具有与登记法院作出的判决相同的效力和作用,登记法院对判决的控制权和管辖权与其对自己判决的控制权和管辖权相同。在准予登记判决的命令中规定的期限届满之前,不得执行已登记的判决。

 

根据《外国判决(交互执行)法》执行外国判决

该法第 4 条规定,外国判决只有在属于该法第一部分的情况下才能由尼日利亚法院执行,该部分被定义为涉及不可作为税款、罚款或其他处罚追回的应付金额的最终和不可推翻的外国上级法院判决。

该法规定了何时可以或不可以撤销已登记的判决,具体如下:

  • 该判决并非《法案》第 1 部分适用的判决,也不是在违反《法案》规定的情况下登记的;
  • 在本案的情况下,原审法院所在国的法院没有管辖权;
  • 判决债务人作为原审法院诉讼程序中的被告,没有(尽管可能已根据原审法院所在国的法律向其正式送达了诉讼文书)在足够的时间内收到这些诉讼程序的通知,使其能够就诉讼程序进行抗辩,也没有出庭;
  • 判决是通过欺诈获得的;
  • 执行判决违反尼日利亚的公共政策;或
  • 判决所赋予的权利不属于申请登记的人。

因此,尼日利亚将不执行的外国判决类型包括

  • 临时和中间命令;
  • 从外国下级法院获得的判决;以及
  • 不涉及货币金额的判决,或涉及货币金额的判决,该金额为税款或其他类似性质的费用。
  • 如果外国判决在申请时已完全履行,或无法在原法院所在地执行,则该判决也将不予登记并无法执行。

 

根据普通法执行外国判决

根据普通法,外国判决被认为是一种债务,它产生了债权人新的诉讼理由。许多共同富裕国家的共同做法似乎是,判决胜诉的债权人无法在判决胜诉的债务人所在国直接执行判决。

根据普通法,外国判决产生义务,但判决债权人必须针对判决提起新的诉讼。判决债权人不能直接执行判决。根据普通法,这些判决被视为债务证明。

通常使用传票和简易判决申请来启动新的诉讼。判决债务人可针对诉讼提出更多的抗辩,以根据这种方法执行判决。

希望外国判决在尼日利亚得到承认和执行的一方必须根据外国判决向尼日利亚法院提起诉讼。然而,根据普通法体系,外国判决要在尼日利亚得到承认和维持,必须满足以下要求:

  • 判决必须是原审法院所在国的高级法院作出的判决,该法院对受理此类事项具有必要的管辖权。作出判决的法院必须是对外国被告有管辖权的法院。在以下情况下 Emmanuel 诉 Symon (1908) 1 K. B. 302法院指出,外国判决将得到执行的情况包括:
  1. 被告是获得判决的外国的国民;
  2. 在诉讼开始时,他居住在外国;
  • 当被告以原告的身份选择了其后被起诉的法院时;
  1. 他自愿出庭;以及
  2. 在他已签约服从获得判决的法院的情况下
  • 判决必须是具体金额的判决。如果判决涉及到一个将来会波动的数字,或者涉及到必须评估的费用和损害赔偿,那么从这个意义上讲,它既不是确定的,也不是最终的,因为此时还不能确定总金额。
  • 在当事人之间,判决必须是不可推翻的最终判决。在强制执行之前,外国判决必须在作出判决的法院具有最终性和决定性。在这方面,如果判决可以通过补充程序重新审理,而在补充程序中可能会提出在之前的诉讼中可能没有提出的抗辩,那么该判决就不是确定的和最终的,因此根据普通法不能强制执行。
  • 判决不得以欺诈手段获得。如果判决是通过非法手段获得的,法院将很快拒绝承认,判决也将无法执行。
  • 如果判决 重新 除了钱以外 重新 在外国法院下达所寻求的判决时,申请人必须位于外国法院的管辖区。

值得注意的是,即使外国判决已在尼日利亚登记,不服判决的当事人仍可在原籍国提起上诉。

 

登记判决的影响

就执行而言,已登记的判决与登记法院的判决具有同等效力。

 

结论

尼日利亚对外国判决的承认和执行受特定法律框架和条件的制约。虽然承认和执行存在挑战,但通过了解相关的法律要求和程序,可以有效地驾驭这一过程。

要在尼日利亚执行外国判决,当事人必须向高等法院提出申请,提供必要的文件和证据以证明判决的有效性。然后,法院将审查文件并听取双方的辩论,然后决定是否执行判决。

值得注意的是,在尼日利亚承认和执行外国判决须满足某些条件,包括判决必须是最终的和决定性的,作出判决的法院必须具有管辖权,以及判决不得违反尼日利亚的公共政策。

总之,尼日利亚承认和执行外国判决在维护法治和保护国际交易当事人的权利方面发挥着至关重要的作用。通过遵循既定的程序和规定,当事人可以确保其权利和义务以公平公正的方式得到执行,从而促进尼日利亚法律制度的效率和效力的提高。

 

建议

为确保外国判决在尼日利亚得到顺利承认和执行,现提出以下建议:

  • 清楚了解法律框架:法院、法律从业人员和诉讼当事人应清楚了解尼日利亚承认和执行外国判决的法律框架。
  • 遵守条件:外国判决应符合法律框架中规定的条件,以确保承认和执行。
  • 适当的程序:应遵循适当的承认和执行程序,以避免质疑并确保有效执行外国判决。
  • 互惠安排:尼日利亚应考虑与其他国家建立互惠安排,以促进判决的承认和执行。
  • 法律建议:希望在尼日利亚执行外国判决的人应就以下方面咨询法律顾问:所寻求执行的具体判决的适用法律制度、对标的物具有管辖权的法院以及判决债务人的上诉权。执行申请应在判决作出之日起 12 个月内提交。

 

注:本文内容旨在为相关主题提供一般性指导。有关您的具体情况,请咨询专家。

 

作者:Adeola Oyinlade & Co.

 

Adeola Oyinlade & Co.; 是尼日利亚一家提供全方位服务的律师事务所,就尼日利亚境内的诉讼和争议解决事宜向本地和外国客户提供帮助和法律咨询服务。

 

需要帮助?请通过以下方式联系我们:

电子邮件: [email protected]

手机: +234 803 826 7683 / +234 802 686 0247+234 803 826 7683 / +234 802 686 0247

导言

对于任何私营公司而言,上市都是一个重要的里程碑,可以获得资本、提高知名度和信誉。在尼日利亚,尼日利亚交易所集团(NGX)的前身是尼日利亚证券交易所(NSE) 为公司提供了一个筹集资金和交易股票的平台。然而,要驾驭这一复杂的过程,需要精心策划,从确保获得董事会和股东的批准,到遵守企业事务委员会 (CAC)、证券交易委员会 (SEC) 和尼日利亚交易所集团 (NGX) 规定的监管要求。 

本指南概述了私营公司上市和在 NGX 挂牌所涉及的要求、成本和步骤。

私营公司在 NGX 上市的监管框架

  1. CAMA 为尼日利亚的公司注册、股份重组和公司治理提供了立法框架。这涉及特别决议最低股本要求强制性披露和报告要求 任命外聘审计员进行财务核查.
  2. 遵守美国证券交易委员会的规定,提交招股说明书并满足披露要求。
  3.  NGE 上市规则:公司必须遵守有关公司治理、财务业绩和公众持股量的具体上市规则。

私营公司与上市公司的区别

私营公司与上市公司的主要区别在于它们的所有权结构和股份转让性。私营公司通常由一小群人拥有,限制向公众转让股份。相比之下,上市公司在证券交易所出售股份,允许公众成为股东。

主要区别

  1. 股东:根据 CAMA 的规定,上市公司的股东人数不受限制,而私人公司的股东人数最多不超过 50 人。
  2. 披露和报告:根据 CAMA,上市公司必须遵守更严格的披露和报告要求而私营公司的报告义务则不那么繁重。

这些区别凸显了适用于尼日利亚私营和公营公司的不同监管要求和所有权结构

 

在尼日利亚上市的好处

从私营公司转型为上市公司并在尼日利亚交易所集团 (NGX) 上市具有诸多优势,包括

  1. 筹集资金: 
  2. 股东的流动性
  3. 提高可信度
  4. 提高透明度和问责制
  5. 接触更广泛的投资者群体
  6. 改善公司治理
  7. 提高知名度和品牌认知度

通过上市,尼日利亚公司可以获得增长、扩张和成功的新机遇。

NGX 提供的列表类别

NGX 通过三个板块提供一系列上市选择,每个板块都旨在支持处于不同成长和发展阶段的公司。通过选择合适的板块,您可以获得推动企业发展所需的资金和资源

  1. 成长板上市
  2. 主板列表
  3. 高级板块列表 

 

私营公司转为上市公司的分步指南

步骤 1: 董事会和股东批准 

成为上市公司的第一步是获得公司董事会和股东的批准。股东必须通过一项特别决议,授权公司重新注册为上市公司。

 

步骤 2:遵守企业事务委员会 (CAC) 的规定 

股东批准后,公司必须向 CAC 提交重新注册为上市公司的申请。申请内容必须包括

  1. 经修订的《组织章程大纲和章程细则》(MEMART)反映了这一变化
  2. 股东特别决议
  3. 任何其他所需文件

 

S第 3 步:公司股本结构调整 

为满足上市公司的要求,公司可能需要重组股本。这包括将已发行股本至少增加到 200 万美元,这可能需要增发股份或重组现有股份。

 

步骤 4:任命顾问和审计员 

为确保平稳过渡,公司必须指定专业人士指导其处理上市的法律、财务和监管事宜。这包括

  1. 财务顾问:协助估值和 IPO 结构设计
  2. 法律顾问职责:确保符合 CAMA、SEC 和 NGX 的要求
  3. 审计员:审计公司财务报表

 

步骤 5:申请首次公开募股(IPO)

公司必须向美国证券交易委员会(SEC)提交 IPO 文件,提供一份招股说明书,其中包括对公司、业务模式和财务状况的详细描述。

 

步骤 6:申请在 NSE 上市

启动 IPO 程序后,公司可申请在 NSE 上市。这需要向 NSE 提交公司的财务报表、业务模式和治理结构,以供审核。公司必须遵守 NSE 的上市规则,包括最低公众持股量要求。NGX 将审查公司的申请,确保其符合所有上市要求。一旦 NGX 批准了公司的申请,公司将在交易所上市。公司股票将在 NGX 上市,并开始交易。

 

在 NGX 上市涉及的费用

在 NGX 上市的费用可能很高,其中包括

  1. 上市费用:NGX 收取上市费用,费用根据上市类型和公司市值而有所不同。
  2. 专业费用:公司必须向其专业顾问支付费用,包括律师、会计师和股票经纪人。
  3. 营销和投资者关系:公司可能会产生与营销和投资者关系相关的成本,包括准备招股说明书和其他上市文件。
  4. 监管费用:公司必须向证券交易委员会 (SEC) 和其他监管机构缴纳费用。

 

结论

在 NGX 上市可为私营公司提供获得资本的机会、提高知名度并增强可信度。然而,这一过程涉及大量成本和要求。通过了解所涉及的要求、成本和流程,公司可以更有效地驾驭上市过程,实现成功上市。

由 德博拉-奥格登贝 对于 阿德奥拉-奥因拉德律师事务所.

 

Adeola Oyinlade & Co. 是尼日利亚一家领先的全方位服务律师事务所,为尼日利亚企业、金融和资本市场领域的本地和外国客户提供法律和咨询服务。

 如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

 手机: +234 803 826 7683 / +234 802 686 0247+234 803 826 7683 / +234 802 686 0247

PPPRA 在维持石油产品价格稳定、监管供应和分销以及确保下游行业稳健发展方面发挥着至关重要的作用。对于从事石油进口的企业来说,从 PPPRA 获得石油进口许可证是一项至关重要的要求。 

本文概述了获得该许可证所需的要求和步骤,帮助潜在客户顺利完成申请过程。

要求:

要获得石油进口许可证,申请人必须满足以下条件:

  1. 提交意向书:向石油产品定价监管局 (PPPRA) 执行秘书提交书面申请。
  2. 存储和分销能力:提供证明文件,证明对存储设施、吞吐协议或零售点的所有权或控制权,展示申请者存储和分销石油产品的能力。
  3. NUPRC 许可证:持有尼日利亚上游石油管理委员会 (NUPRC) 颁发的有效存储/进口许可证。
  4. 公司注册:提交公司事务委员会(CAC)出具的以下文件的经核证无误的副本:

    - 公司注册证书

    - 组织大纲和章程

    - CAC 状态报告或表格 1.1

    - CAC 表格 C02(配股)

    - CAC 表格 C07(董事资格详情)

    - 向 CAC 提交的年度报表

  1. 谅解备忘录(如适用):提供与其他公司签订的协议(如果相关)。
  2. 财务能力:提交银行推荐信或融资证明,证明申请人有能力为石油进口提供资金。

 

向石油产品管理局申请石油进口许可证的步骤

要获得石油进口许可证,请按照以下步骤操作:

 

第 1 步:提交申请

  1. 准备一份致 PPPRA 执行秘书的书面意向书。
  2.  将所有所需文件汇编并附在申请表上。

 

步骤 2:展示存储能力

  1. 提供仓储设施所有权证明或有效的吞吐协议。
  2. 包括证明零售店所有权或控制权的文件(如适用)。

 

步骤 3:获得 NUPRC 许可证

  1. 获得尼日利亚上游石油管理委员会 (NUPRC) 颁发的存储/进口许可证。
  2. 该许可证表明符合储存和安全规定。

 

第 4 步:提交公司文件

提供公司事务委员会(CAC)出具的公司注册文件经核证无误的副本,包括

  1. 公司注册证书(法律地位证明)
  2. 组织大纲和章程(详细业务信息)
  3. 业务状况报告、CAC 表格 1、C02 和 C07(董事和股东信息)
  4. 年度报表(财务状况和监管合规证明)
  5. 提供谅解备忘录(如适用)

 

步骤 5:展示财务能力

提供银行证明信或其他融资证据,证明公司有能力支持石油进口活动。

 

步骤 6:审查和批准

  1. 向 PPPRA 提交完整的申请以供审查。
  2. 该机构将评估申请者的表现和能力,包括储存能力和排放效率。
  3.  成功申请者将获得石油进口许可证。

 

结论

石油进口许可证是尼日利亚石油产品进口企业的一项重要要求。通过满足必要的要求并遵循相关流程,企业可以确保合规并利用石油行业的机遇。

 

由 德博拉-奥格登贝 对于 阿德奥拉-奥因拉德律师事务所.

 

Adeola Oyinlade & Co. 是尼日利亚一家领先的全方位服务律师事务所,为尼日利亚石油和天然气行业的本地和外国客户提供法律和咨询服务。

 如需了解我们提供的服务,请通过 [email protected] 或访问 www.adeolaoyinlade.com 与我们联系。

 手机: +234 803 826 7683 / +234 802 686 0247+234 803 826 7683 / +234 802 686 0247

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