Nigeria

Currency: Naira (NGN)

Timezone: West Africa Time (UTC+1)

Nigeria is situated in West Africa where it shares its land border in the west with the Republic of Benin, in the east with Chad and Cameroon, and in the north with Niger—popularly referred to as the “Giant of Africa” due to its resources and population. The country is the most populous in Africa, with a population estimated to be over 207 million. The country has a very diverse ethnic group with over 100 languages. However, the major languages spoken in the country are Yoruba, Hausa, and Igbo, with English regarded as the official language in the country. The climate of the country varies widely with equatorial south, tropical in the middle, and arid in the north, while the landscape consists of southern lowlands, plateaus, and hills in the north and mountains in the southeast.

The country adopts a federal presidential republic system of government comprising 36 states and Abuja the Federal Capital. The economy is heavily reliant on Petroleum and Petroleum Products as its main source of foreign exchange earnings and accounts for over 70 percent of government revenue. The challenges facing the country include erratic power supply, lack of infrastructure, terrorist insurgence, kidnapping, banditry, clashes between farmers and herders, pervasive corruption, internet fraud, and police brutality.

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Regulations for Compliance Officers

Ministry of Finance, Budget and National Planning, Nigeria

These regulations outline the requirements for appointments of compliance officers; responsibilities of the Board of Directors; the responsibilities of compliance officers; and the empowerment of compliance officers as well as other related matters.

Nigeria • 2009 • Finance

Revised Guidelines for the Administration of Petroleum Support Fund (PSF)

Ministry of Petroleum Resources, Nigeria

These guidelines outline the responsibilities of stakeholders in the administration of PSF including the Central Bank of Nigeria, oil marketing companies, the department of petroleum resources, petroleum equalization funds, and other regulatory authorities.

Nigeria • 2009 • Energy

National Policy on Public Private Partnership

Ministry of Finance, Budget and National Planning, Nigeria

The main objectives of this policy include: ensuring value for money in public investment projects; promoting investment in infrastructure to satisfactory standards; increasing cooperation with the private sector in infrastructural development; effectively managing fiscal risk...

Nigeria • 2009 • Finance

Legal and Regulatory Framework for Public Private Partnership

Ministry of Finance, Budget and National Planning, Nigeria

This document highlights the legal framework for Public-Private Partnership in Nigeria; the regulatory framework for Public-Private Partnership in Nigeria; and the framework for Public-Private Partnership contract in Nigeria.

Nigeria • 2009 • Finance

National Environmental (Sanitation and Wastes Control) Regulations, S. I. No. 28, 2009

National Environmental Standards and Regulations Enforcement Agency, Nigeria

This document highlights the legal framework for Public-Private Partnership in Nigeria; the regulatory framework for Public-Private Partnership in Nigeria; and the framework for Public-Private Partnership contract in Nigeria.

Nigeria • 2009 • Environment and Climate Change

National Environmental (Noise Standards and Control) Regulations, S. I. No. 35, 2009

National Environmental Standards and Regulations Enforcement Agency, Nigeria

This document highlights the legal framework for Public-Private Partnership in Nigeria; the regulatory framework for Public-Private Partnership in Nigeria; and the framework for Public-Private Partnership contract in Nigeria.

Nigeria • 2009 • Environment and Climate Change

Standard Treatment Guidelines(STG)

Ministry of Health, Nigeria

The Standard Treatment Guidelines builds on the National Drug Policy. It provides a clear pathway to achieving comprehensive healthcare delivery services in Nigeria. This document contains a list of diseases and conditions, their clinical features,...

Nigeria • 2008 • Health

External Borrowing Guidelines

Ministry of Trade, Industry and Investment, Nigeria

Based on international best practices for debt sustainability. These guidelines apply to external borrowing by the Federal and State governments and public entities to avoid unsustainable debt and for the development of the domestic market...

Nigeria • 2008 • Trade, Industry and Investment

Nigerian Communications Act (No. 19 of 2003) Type Approval Regulations

Ministry of Communications and Digital Economy, Nigeria

This framework for the control and regulation of the Value-Added Service (Content Service) empowers the Nigerian Communications Commission to make subsidiary laws to promote improved value-added service by industry players. It provides details on the...

Nigeria • 2008 • Information, Communication and Technology

Nigerian Communications Act (No. 19 of 2003) Numbering Regulations

Ministry of Communications and Digital Economy, Nigeria

According to the Nigerian Communications Act, the numbering regulations provide a regulatory framework for the control, planning, administration, management and assignment of mobile numbers. It sets the rules for assigning, transferring, porting, and using numbers...

Nigeria • 2008 • Information, Communication and Technology

Commercial Satellite Communications Guidelines

Ministry of Communications and Digital Economy, Nigeria

These guidelines provide the framework to achieve a well-developed and organized satellite communications market in Nigeria. Through these guidelines, Nigeria hopes to encourage innovation and guarantee public safety while rendering commercial satellite services.

Nigeria • 2008 • Information, Communication and Technology

National Policy on Public Private Partnership (PPP)

Infrastructure Concession Regulatory Commission, Ministry of Industry, Trade and Investment, Nigeria

This policy is formulated with objectives that target three areas (economic, social & environmental). It aims to accelerate investment in new infrastructure and ensure that existing infrastructure is upgraded to a satisfactory standard and ensure...

Nigeria • 2008 • Trade, Industry and Investment

June 9, 2022

Political Parties, Presidential Candidates and the Electoral Act 2022 

The Electoral Act 2022 seeks to update and standardize Nigeria’s elections. The introduction of technological changes such as an electronic database of registered voters and an electronic transmission system of votes is a welcome improvement. Restricting political appointees' involvement in the election process is also a step in the right direction. However, there is a fundamental issue with the new act — its endorsement of the indirect primary process.

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