African & Middle Eastern Firm Capabilities – Nigeria

Firm Name:

Primera Africa Legal

Locations:

Lagos and Abuja, Nigeria

Types of Legal and Commercial Transactions in Which Our Firm Has Particular Expertise:

  • Asset and Project Finance
  • Arbitration and Mediation
  • Commercial transactions
  • Corporate finance
  • Corporate governance and compliance
  • Insolvency and Debt restructuring
  • Islamic finance
  • Mergers and Acquisition
  • Micro Small & Medium Enterprises
  • Public private partnerships
  • Non-governmental Organisations
  • Human Rights Law
  • Litigation
  • Environmental Law

The Size of Our Firm’s Corporate Team:

  • Twelve (12)

Examples of Transactions Our Firm Has Undertaken:

  • Advised a state government in Southern Nigeria on its proposed public-private partnership with an International Agricultural co-operative
  • Represented a major South African Agri-business company in its transactions with Nigerian Produce suppliers.
  • Assisted a Nigerian Cocoa Agri-business on its regulatory compliance with the Commodities Exchange of the London Stock Exchange.
  • Conducted a due diligence exercise on behalf of an International private equity investor on its acquisition of shares in a Nigeria Agri-business.
  • Advised a Nigerian FMCG company on the legal aspect of the creation of an agricultural value chain.
  • Advised the Central Bank of Nigeria on licensing of Banks and Bureau de Change, critical policymaking, implementation, and enforcement of relevant laws and regulations for financial institutions.
  • Appointed as Solicitors to the River State Government on its offer for the subscription of N100 Billion Fixed Rate Bonds.
  • Advised a leading Nigerian Financial Institution on its private placement of 40 Billion ordinary shares.
  • Appointed as solicitors to the Nasarawa State Government on its offer for subscription of N4.95 Billion at 16.5% Fixed Rate Secured Bonds.
  • Appointed as solicitors to a Nigerian State Government issuer of a Sukuk Bond on its US$ 1,800,000,000.00 State Rail Project.
  • Nigerian counsel to the issuer, an International Independent Exploration and Production Company in respect of its US$250,000,000 Initial Public Offer (IPO) and listing of common shares on the Toronto Stock Exchange.
  • Nigerian counsel in the First and Second phase of a Pre-Export Financing arrangement by the National Oil Company.
  • Legal Adviser to a foreign company with operations in Nigeria on its Capital Repatriation Process
  • Advised the Nigeria Maritime Administration and Safety Agency (NIMASA) on the US$ Billion Maritime and local content private equity fund.
  • Advised on the divestment of a joint venture interest on a petroleum asset valued at approximately US$ 100 Million.
  • Advised a leading international oil company on the viability of its Nigerian entity and assets, leading to a successful completion of a US$250,500,000 Initial Public Offering (IPO) of common shares and listing on the TSX.
  • Provided legal advisory and support to global energy giant, Shell Nigeria’s subsidiaries on its dispute resolution and drafted notable commercial agreements: the maiden Tripartite Crude Handling Agreement in the industry in Nigeria; between SPDC, NPDC and POOC facilities transfer agreement, Crude Handling Agreement between SPDC and NAOC in respect of their Samabri/Biseni fields, Master Date Exchange and Confidential Agreements between SUND and Star Ultra Deep and SNUD and Ocean Energy in respect of their OPLs 245/249 and 245/256 respectively
  • Advised, negotiated on behalf of, and provided full spectrum of legal support (including negotiation and review of the GSA, PPA and other transaction documents) to a Foreign JV for investment in and construction of a power plant within a Free Trade Zone in Nigeria
  • Provided legal advisory to prospective International operators on prospective hospitality projects in Lagos, Abuja, Abeokuta, Asaba, Kano, Minna and Port Harcourt.
  • Appointed as Consultants to the Bank of Industry (BOI) and we are responsible for facilitating loan applications on behalf of small, medium and large-scale enterprises (MSME) across Nigeria.
  • Provided legal advisory and support to groups of micro-scale entrepreneurs through the African Women’s Entrepreneurship Network.
  • Reviewed and advised an indigenous power company on the policy instruments, regulatory regime and commercial framework of the Nigerian Gas and Power Sector and their impact on the client’s bid company and the acquired asset.
  • Engaged in the drafting of the Petroleum Industry Reform Bill 2016, an executive bill prepared and presented for consideration by the Federal Executive Council; the Legal Services Regulatory Bill 2017 and three (3) subsidiary legislations for the National Identity Management Commission. Also provided technical support to various State House of Assembly on the drafting of their Revenue Administration/Bond laws and Administration of Criminal Justice Laws
  • Advised a leading Nigerian automobile dealership on the acquisition of controlling shares in two companies in the Netherlands.
  • Administered a US$1.8 Million Administration of Criminal Justice project funded by the MacArthur Foundation across 28 states in Nigeria
  • Facilitated training programs for Nigerian Lawyers on Conflict and Security and Environmental Law in partnership with the Bar Human Rights Committee of England and Wales with support from UK Aid.
  • Legal adviser to Centenary City Plc. a real estate and infrastructure company mandated to develop the USS18 Billion Abuja Centenary City, the first of its kind smart city development project in West Africa.
  • Advised a foreign alternative energy company Solar Energy by D.Light Limited (the Nigerian subsidiary of D.Light Solar), on business entry into Nigeria including licensing, permits and other regulatory compliance requirements for supply of solar energy resources to the Nigerian market.
  • Solicitors to Gombe State Government for Sukuk Issuance of up to N35 Billion to finance some critical infrastructure and economic development.
  • Solicitors to Kano State Government for Sukuk Issuance of up to N50 Billion to finance the Kano Light Rail Project.
  • Advised the promoters of Abuja Technology Village, in connection with the establishment of a N55 Billion technology park within a free trade zone in Abuja. It is expected that the park will be Nigeria’s own Silicon Valley and will boost the country’s quest for technological advancement.
  • Advisory team to the transaction for purchase of the Assets (Goodwill and Intangible Assets) of Fastrade Logistics Limited by Medlog Logistics Services Nigeria Limited worth USD1,583,400.00 (one million five hundred and eighty-three thousand and four hundred US Dollars.
  • Advised and facilitated the sale of a property transaction worth USD2,300,000.00
  • Advised and drafted/prepared several hotel management/construction agreements

Human Rights

  • Represented a government institution in an action arising from a request for information under the Freedom of Information Act.

Environmental Law

  • Represented an oil producing community against a multi-national oil major/gaint and successfully recovered compensation excess of Eighty five Million Pounds (GB£ 85,000,000.00) for the host communities for despoliation of their environment by oil spills.