Leonard Otuonye Ugbajah

Partner ( Council Member ( Founder ( #competitionlaw #consumerprotection #trade #investmentclimate

[Leonard Otuonye Ugbajah @learning_leo]

People, we are the solution to the problems of the nation. The human (or leadership, if you like) question is what has messed Nigeria up. Low quality leaders, low quality citizens. Most seeking to get something for themselves instead of contributing to a better society

[Leonard Otuonye Ugbajah @learning_leo]

@AfCFTA Looking forward to this!

[Leonard Otuonye Ugbajah @learning_leo]

There was an article written by a journalist some time ago tracing how Atiku Abubakar has been the bane of opposition politics in Nigeria, practically in every election circle. I share that view.

[FCCPC Nigeria @fccpcnigeria]

FCCPC Warns Against Violation of Merger and Acquisition Process

The Federal Competition and Consumer Protection Commission, FCCPC, has warned firms, legal advisers, transaction parties and other stakeholders against non-compliance with statutory obligations relating to mergers, acquisitions and other business combinations under the Federal Competition and Consumer Protection Act, 2018.

The Commission reiterated that, under the FCCPA, it has the power to review, approve, approve subject to conditions, or prohibit mergers and qualifying business combinations once they are notified.

It explained that this framework is designed to preserve fair competition, prevent harmful market concentration, and protect the public interest in the Nigerian economy.

FCCPC noted that any transaction meeting the thresholds set out in the applicable Notice of Threshold for Merger Notification, issued pursuant to Section 93(4) of the FCCPA, must be notified to the Commission for prior review and approval before implementation.

The Commission stated that this requirement applies to a broad range of transactions, including share acquisitions, asset acquisitions, joint ventures, and other arrangements that fall within the legal definition of a merger under the Act and relevant regulations.

It added that the notification process enables the Commission to assess whether a proposed transaction is likely to substantially prevent or lessen competition in any relevant market in Nigeria, or raise public interest concerns. The process also supports the Commission’s responsibility to monitor market developments and maintain an informed understanding of competitive dynamics across sectors.

FCCPC further encouraged parties and their advisers to engage with the Commission at an early stage where a contemplated transaction may be notifiable. It noted that early engagement, including pre-notification consultations, where necessary, can provide regulatory clarity, support efficient review timelines, and assist parties in meeting applicable compliance requirements.

The Commission emphasised that failure to notify a notifiable transaction constitutes a contravention of the FCCPA and may attract administrative penalties or other enforcement action in accordance with the law.

Accordingly, the Commission advised firms and transaction parties to take all necessary steps to ensure compliance before implementing any transaction that may fall within its merger review jurisdiction.

It added that stakeholders seeking further enquiries or clarification may contact the Commission or visit the FCCPC website.

The Commission reaffirmed its commitment to promoting fair competition, protecting consumers, and supporting a transparent, efficient and competitive business environment in Nigeria.
@NigeriaGov @NGRSenate @HouseNGR

[Leonard Otuonye Ugbajah @learning_leo]

What happened to the mighty men who joined themselves to King Saul in the Bible? A stark reminder that an alliance with a wicked king ends only in disgrace and death. Be careful who you accept 'appointments' from, if you are mindful of legacy. #thestoryofanSANandotherslikehim

[Leonard Otuonye Ugbajah @learning_leo]

We are sacrificing too many soldiers on the altar of our political failures. What is the confidence of citizens when those who are supposed to protect them become pawns for terrorists? May true leaders emerge!

[African Export-Import Bank - Afreximbank @afreximbank]

Applications are now open.

Join the Afreximbank Internship Programme and gain hands-on experience shaping Africa’s trade and economic future.

Work alongside industry leaders, contribute to real projects, and build practical skills across trade, finance, and development.

Open to students and postgraduates from Afreximbank member states and the African diaspora. Duration is up to six months.

Apply by 30 April 2026: https://t.co/fckpneEIQd

#Afreximbank #Internship #GlobalAfrica #Careers

[Leonard Otuonye Ugbajah @learning_leo]

Let this be our song and prayer.
Spirit touch Your Church,
stir the heart of (wo)men,
Revive us Lord
With Your passion once again
I want to care for others,
like Jesus cares for me
Let your rain, fall upon me. 6/6

Spirit Touch Your Church -

https://t.co/vLUU1J1Jmj

[Leonard Otuonye Ugbajah @learning_leo]

When corruption and violence fills a land, that is when the prophetic witness of the Church should be the loudest. Every church leader must unequivocally call on the government to rise up to its responsibilities. 1/6

[Leonard Otuonye Ugbajah @learning_leo]

The only hope for change in Nigeria is for the church to return to recover the biblical teachings on oneness and witness. A divided church cannot be a true representative of Christ on earth. 5/6

[Leonard Otuonye Ugbajah @learning_leo]

That UN 'slavery resolution', what is it supposed to achieve? I think this is a case of fishing in the wrong waters...I see several layers of inconsistencies.

[Leonard Otuonye Ugbajah @learning_leo]

I know an Imo State Governor that would have personally received and rewarded this guy and other winners from Imo State, and gone ahead to partner with the organisers to produce more of such champions in the public schools. That Governor was @EmekaIhedioha

[Ólú ndị Igbo @VoiceOfTheEast]

The Southeast Maths Olympiad winner returns to Diamond College Owerri to a warm and proud welcome from his school.

[Leonard Otuonye Ugbajah @learning_leo]

A ‘concrete’ analysis of the cement market in Nigeria. Again, like my last post: competition law scrutiny is required.

[1914 Reader @1914Reader]

New Essay by @DoubleEph - F.O.O.D in Plain Sight: Defensive Capacity https://t.co/q7RX8tZTbc

[Leonard Otuonye Ugbajah @learning_leo]

In the past week, two of Nigeria’s celebrated and government supported national champions in cement and aviation have given rather absurd reasons for what Nigerians consider their exploitative pricing. This calls for stronger regulatory scrutiny. The laws are already there.

[Leonard Otuonye Ugbajah @learning_leo]

Dear Mr @mikeachimugu01 , as one who had to endure these crazy fares this season and as an expert in competition and consumer protection law, my counsel is simply: this is the time to change tactics. You have the regulatory tools to address this behaviour. Thanks.

[Michael Achimugu @mikeachimugu01]

Lies have been told over this matter, over and over. I have addressed this on national TV, major news platforms, and via my X handle. While the NCAA does not regulate airfares, I have invited ALL of the domestic airlines, bar none, and asked them about these taxes they keep talking about on TV. They ALL admitted to NOT paying the volume of taxes being bandied around.

I don't understand this 350k and 81k narrative, but I know that, for the kind of support that President Bola Ahmed Tinubu; the aviation minister, Festus Keyamo; and the DGCA, Capt. Chris Najomo have given to domestic carriers, I see no reason why the government keeps getting thrown under the bus via statements like this.

It is even ironic that, in the same statement, it is alleged that Nigerians pay the lowest domestic airfares in the world while also justifying the astronomical airfares that came to play in December even though there was no hike in taxes or jet fuel.

If my inviting the airlines themselves, speaking with travel agents, and the relevant departments within the Authority did not agree with the narrative being pushed, I don't see how this is sustainable.

If high taxes were the reason why airfares were 150k-200k, why did tickets well for as high as 500k for a 45 minute trip when the said taxes did not increase?

And this is happening at a time when Festus Keyamo has ensured that domestic carriers now have access to dry lease aircraft; something they have not had in decades.

Not a single airline staff I spoke with two weeks ago agreed with the excuses I am reading on social and traditional media.

[CUTS CCIER @CUTS_CCIER]

📢Live Now!

Webinar on #ArtificialIntelligence, #Consumers and #CompetitionPolicy to commemorate #WorldCompetitionDay2025

@Psm_cuts @kazimriz @ujjwal1841 @CUTS_Inter @CCC_COMESA @CUTSInstitute @BetweenityA @learning_leo

[Leonard Otuonye Ugbajah @learning_leo]

Looking forward to it

[CUTS CCIER @CUTS_CCIER]

2 days to go.

Webinar on “#ArtificialIntelligence, #Consumers, and #CompetitionPolicy” on 5 Dec 2025 to commemorate #WorldCompetitionDay2025

Register at: https://t.co/CON9HCQhvu

@Psm_cuts @kazimriz @ujjwal1841 @CUTS_Inter @CCC_COMESA @CUTSInstitute @BetweenityA @learning_leo

[Leonard Otuonye Ugbajah @learning_leo]

Looking forward to it

[CUTS CCIER @CUTS_CCIER]

2 days to go.

Webinar on “#ArtificialIntelligence, #Consumers, and #CompetitionPolicy” on 5 Dec 2025 to commemorate #WorldCompetitionDay2025

Register at: https://t.co/CON9HCQhvu

@Psm_cuts @kazimriz @ujjwal1841 @CUTS_Inter @CCC_COMESA @CUTSInstitute @BetweenityA @learning_leo