Chima Williams & Associates
Navigating Nigerian Law: Frequently Asked Questions Across Key Practice Areas
Shareholder disputes are resolved through negotiated settlement, mediation, or litigation in line with the provisions of CAMA and the agreement terms. Remedies may include specific performance, damages, or a buyout.
Maritime law covers shipping contracts, marine insurance, carriage of goods by sea, vessel registration, and seafarer rights. It is regulated by the Nigerian Maritime Administration and Safety Agency (NIMASA) Act, Merchant Shipping Act, and international conventions.
Trade is governed by various laws including:
Foreign Exchange (Monitoring and Miscellaneous Provisions) Act
Investment and Securities Act
Money Laundering (Prohibition) Act
Nigerian Investment Promotion Commission (NIPC) Act
The Land Use Act 1978 vests all land in each state in the Governor, who holds it in trust. Individuals can obtain a right of occupancy but not absolute ownership. All transactions require Governor’s Consent.
Foreign nationals must obtain a Combined Expatriate Residence Permit and Aliens Card (CERPAC) and may need a Subject to Regularization Visa (STR Visa). Employers must secure expatriate quotas from the Ministry of Interior.
You have the right to remain silent, consult a lawyer, and be brought before a court within 24–48 hours. These rights are protected under the Nigerian Constitution (Section 35) and Administration of Criminal Justice Act (ACJA) 2015.
Crimes such as theft, assault, fraud, rape, and murder are covered under the Criminal Code (Southern Nigeria) or Penal Code (Northern Nigeria). Offenders may be prosecuted by the police or Ministry of Justice.
Key steps include:
Conducting a title search at the land registry
Obtaining a Certificate of Occupancy or Governor’s Consent
Drafting and executing a Deed of Assignment
Stamping and registering the property with the state government
You must apply through the relevant regulatory authority (CBN, SEC, NAICOM, etc.), provide corporate documents, business plans, capital adequacy proof, and satisfy compliance checks under financial laws.
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