Legal Due Diligence Deep Dive into Land Tenure Risks in Large-Scale Developments in Nigeria
The land tenure system in Nigeria presents a legally complex and commercially sensitive environment for large-scale real estate development. Ownership of land comes with the possibility of having disputes over such ownership, customary and family claims, and...
Share Purchase Agreements – Key Legal Risks and Protections for Buyers and Sellers
A share purchase agreement (“SPA”) is typically entered into by and between a buyer and seller(s) of a target company’s shares, whereby the seller(s) agree to sell a specific number of shares to the buyer for a specified price.[1] Share Purchase agreements are used in...
Managing Disputes in Public Private Partnerships (PPP) and Infrastructure Projects in Nigeria
Over the past decade, Public Private Partnerships have increasingly been adopted by governments all over the World and the Nigerian Government is no exception. This is because the era of government singlehandedly providing infrastructural facilities is long gone, as...
Commercial Lease Agreements in Nigeria: Key Clauses Lessors and Lessees Should Negotiate
A lease is a written agreement under which a property owner (the lessor) allows another (the lessee) use the property for a specified period of time. A commercial lease agreement, on the other hand, is a legally enforceable contract between a lessor and a lessee for...