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July 11, 2023
SALIENT PROVISIONS OF THE ARBITRATION AND MEDIATION ACT, 2023
Introduction: On May 26, 2023, former President Muhammadu Buhari gave assent to the then Arbitration and Mediation Bill (the Act). Section 90 of the Act repealed the Arbitration and Conciliation Act CAP A18 LFN 2004 (ACA). The Act has been greeted with enthusiasm due to its several innovative provisions. These legislative developments will elevate the practice of Arbitration and Mediation to a more efficient and effective practice. We have highlighted some of the key provisions of the Act below.
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March 9, 2023
From Warri-Centric 4.0
The early hours of the 4th day of February 2023 saw employees, friends and well-wishers of CMLP, gather at the NNPC Housing Complex, Ekpan-Warri, Delta State to participate in Warri-Centric 4.0. Warri- Centric is CMLP’s legacy annual 5km run and has been hosted for the past four years. This event is not only aimed at promoting fitness and healthy lifestyle habits but also exhibits the firm’s devotion to community development. This year, as always, the atmosphere was electric as runners of all ages and skill/fitness levels took a chance to display their running skills. The runners were divided into various […]
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August 10, 2022
New Judgement Alert! For Employees in the Nigerian Oil & Gas Industry
The Guideline states that no upstream oil company in the Nigerian Oil and Gas Industry is permitted to release a staff by way of dismissal, termination, and redundancy, except
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July 6, 2022
A REVIEW OF THE NIGERIA UPSTREAM PETROLEUM HOST COMMUNITIES DEVELOPMENT REGULATIONS 2022
It is without doubt that the Petroleum Industry Act of 2021 has introduced far reaching legal and regulatory changes and new introductions to the oil and gas industry in Nigeria. One of such new introductions can be found in Chapter 3 of the Act. Pursuant to the said Chapter 3, the Act mandates settlor oil companies to incorporate Host Community Development Trusts.
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