The idea of reduced barriers to international trade is growing, with national and regional governments increasingly inclining towards policies that promote free trade. The benefits of cross border exchange of goods and services to a domestic economy are proven by foreign exchange earnings, local job creation and skills development. Special economic zones (“SEZs”) or free trade zones were created to attract businesses and foreign direct investment through fiscal incentives and compliance-friendly and less cumbersome regulations.

The Nigerian Electricity Regulatory Commission (the “Commission” or “NERC”) has commenced the process to end the hitherto so-called “energy-only” or “best endeavour” power supply arrangement associated with most of the on-grid power generation companies (“GenCos”) in the Nigerian Electricity Supply Industry (“NESI”).

In this second part of this article, we shall examine the courts’ position on reason and motive for termination, reinstatement, and suspension of employment.

The question on the lawful procedure for the termination of employment contracts is a question that has been presented before the courts over the years. Different jurists have posited different views on the subject.

In 2016, President Muhammadu Buhari (the “President”) inaugurated the Presidential Enabling Business Environment Council (“PEBEC”) with the aim to actively “remove bureaucratic constraints to doing business in Nigeria, and make the country a progressively easier place to start and grow a business”.