President Muhammadu Buhari has asserted that the country, Nigeria might lose foreign investors if the justice system is ineffective.
The President who was represented at the 2021 All Nigeria Judges’ Conference in Abuja on Monday, November 15 by Vice President Yemi Osinbajo, stated that the perception of the quality of our justice delivery system, determines the extent to which we can attract business.
“We are part of the global marketplace for investment and legal services.
“The extent to which we can attract business to our country depends in part upon investor perception of the quality of our justice delivery system.
“If we are seen as inefficient and ineffective, we would lose out to more efficient systems.”
The President also partly blamed the lawyers for the delay in dispensation of justice.
“As my lords are aware, delay in the dispensation of justice, coupled with the increase in the number of cases in our courts, have remained subject of grave concern.
“As someone said, our problem is not access to justice, it is exiting the justice system. And I know that the delays are not necessarily the fault of the judges. Lawyers are often also responsible.
“Should we not then, as has been suggested by some, evolve a court award system that recognises the court as the final and extensive public resort, and as such, delays and other dielectric tactics are visited with deterrent costs?”