Babalakin & Co.’s Energy & Extractive Group is a leading legal advisory firm, well-versed in Nigeria’s evolving mining sector. With the country’s vast solid mineral resources, Nigeria has the potential to emerge as a major global player, and our team of experienced lawyers—bringing over 20 years of expertise—provides comprehensive legal support to both local and international clients.
We have been instrumental in significant industry transactions, including the Reverse Take Over (RTO) of an indigenous company by a Toronto Stock Exchange-listed entity. Our proficiency extends to assessing mineral title validity, managing mining rights acquisitions, and structuring agreements such as joint ventures, farm-in and farm-out arrangements, options, and earn-in and earn-out agreements.
Additionally, we specialize in drafting and reviewing service agreements, conducting legal and tax due diligence, advising on mining project financing, and ensuring regulatory compliance and licensing. Our practice actively facilitates negotiations between mining companies and host communities, aligning operations with industry best practices and regulatory frameworks.
Our mining practice has played a key role in legislative reforms, including amendments to the Nigerian Minerals and Mining Act, 2007. Through close collaborations with regulatory bodies such as the Mining Cadastre Office (MCO), Ministry of Mines and Steel Development (MMSD), Nigeria Geophysical Survey Agency (NGSA), and Solid Mineral Development Fund (SMDF), we remain committed to fostering best practices and regulatory excellence within Nigeria’s mining industry.
For further inquiries on services, please contact:
Kehinde Daodu
kdaodu@babalakinandco.com