Company Overview

We know about the law

SimmonsCooper Partners (SCP) is a leading law firm consistently ranked among the top-tier firms in Nigeria. SCP provides sound legal counsel, superior advocacy, excellent work product, and personalized service.

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News

Announcements

Dapo Akinosun, our Managing Partner, has been awarded the rank of Senior Advocate of Nigeria (SAN) in recognition
of his contribution to the development of law in Nigeria.The award ceremony takes place on December 14th 2020.

On November 23rd 2020, the Federal Competition and Consumer Protection Commission (FCCPC) issued the Merger Review Regulations, 2020 with ancillary instruments. SimmonsCooper Partners, in conjunction with RBB Economics, London, consulted for the World Bank Group to develop the Merger Review Regulations framework for the FCCPC.

With the publication of the Merger Review Regulations, 2020 and the Merger Review Guidelines, 2020, SCP is also working with the FCCPC, World Bank and RBB Economics to undertake a Stakeholders’ education summit to sensitise and educate stakeholders regarding the salient and novel aspects of the Merger Review Regulations, 2020 and other instruments.
The Seminar comes up on December 10th 2020. Watch this space for more information.

The People We Serve

Governments

Individuals

Private Entities

Public Establishments

Publication

S.C.P Think Series

Issue 1

Towards a Post COVID-19 Regeneration…

Much of the world is grappling with the unprecedented disruption that the COVID-19 pandemic has brought about to lives, livelihoods and national economies. The combination of a severe health and economic crisis at the same time, on a global scale, spread in record time, has created a demand and supply side shock to national and local economies, to businesses and individuals.
For governments, corporate organisations and individuals, the capacity to reactivate, and in many instances, reinvent the wheels of progress will not only be tested in the days to come, but will prove critical to thriving in the face of such unsettling circumstances that have affected all facets of human endeavour.

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Issue 2

DISPUTE RESOLUTION REGULATORY COMPLIANCE FILINGS

(ADOPTING TECHNOLOGY FOR EFFECTIVE & EFFICIENT RESULT - Way to go)

The Nigerian judicial system has not been spared the disruptions and challenges caused by the pandemic. The initial announcement by the Honourable Chief Justice of Nigeria regarding closure of all Courts has been lifted to accommodate the gradual ease of the lock down declared by the Federal Government. Most Courts have circulated their respective Practice Direction Guidelines for remote and physical sittings.

HIGHLIGHTS OF CIRCULATED PRACTICE DIRECTIONS

There is no doubt that all Courts have embraced digitalized technology rather than its prior manual process causing delay in administration of justice. Hopefully, we envisage that pending matters will be heard timeously once the judiciary can fully embrace the use of technology in its proceedings.

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Issue 3

SECTORAL OUTLOOK ON ECONOMIC AND TAX MEASURES IN NIGERIA, POST COVID-19.

As the cliché goes, there are only two inescapable realities to life: death and taxes. Thus, tax is viewed as an essential civic duty that is sacrosanct and unavoidable except to the extent permitted by law. It is not hard to figure why this is so, as it is through the instrumentality of taxation that government generates revenue and deliver on its mandate to its citizen. For this reason, governments are usually uncompromising in their enforcement of tax provisions, as well as intent on applying the full weight of law on defaulters.

The significant reduction in economic activities nationwide appears impracticable for the Nigerian Government to achieve its targeted revenue fixed at N8.5 trillion for the current fiscal year. Most of the applicable taxes in Nigeria are chargeable on profits for companies, and income for individuals. With the current Covid-19 pandemic, it may be easy to predict that just very few companies will break even during this crucial period.

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OUR THINKING

Contact Information

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Address Information

Phone: +234-701-1404-511

E-Mail: info@scp-law.com

Address: 9th Floor,Fortune Towers,27/29,Adeyemo Alakija Street,Victoria Island,Lagos.

Address Information

Phone: +234-701-1404-511

E-Mail: abuja@scp-law.com

Address: 9 Rima Street Maitama,Abuja