Department Of Commercial & Industrial Law

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Browsing Department Of Commercial & Industrial Law by Author "Ilobinso, I"

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    Open Access
    Formation of Electronic Contracts: Melding the Traditional Contract Law with Contemporary Electronic Commerce
    (Commercial and Industrial Law Review, 2016-09-01) Ilobinso, I
    The evolution of Information Communication Technology (ICT) has changed our world tremendously. It has flung the doors of nations wide open and its application to business has made the world a global marketplace. However, in Nigeria, this positive phenomenon brought by the growth of ICT and the emergence of electronic commerce has met with some legal obstacles. One of which is the uncertainty surrounding the validity and enforceability of contracts formed via electronic means. This article analyses the traditional rules of contract formation to determine how they can be effectively applied to electronic contracts. In doing so, it will examine the question of who makes the offer in an electronic contract; where and when an offer is made and accepted; and, how an electronic contract can be authenticated?
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    Open Access
    Taxation of Property in Lagos State: An Appraisal
    (Obafemi Awolowo University Law Journal, 2018-09-01) Ilobinso, I; Ilobinso, I.K
    To effectively run the government and perform the functions provided by the Nigerian Constitution, the States and the Local Government Councils have to explore all possible means of generating revenue. They have to look beyond the already dwindling federal government allocations and grants, and focus on taxation, which is the most sustainable means a sovereign government can generate income.1In recognition of the need for additional and sustainable income, the Lagos State House of Assembly passed the Land Use Charge Law in December 2018 (LUCL 2018) which repeals and replaces the Land Use Charge Law 2001. It increases the rates payable on all property situated in Lagos State and aims to block loopholes in the previous law. This paper analyses the LUCL 2018, highlighting changes introduced in the law. It also examines the legality of the LUCL 2018 and finally makes recommendations on how this property tax of Lagos State can be improved.