Some lawyers in the Federal Capital Territory
(FCT) have called for strict adherence to the rule of law in order to attract
foreign investors to the country. The lawyers made the call in separate
interviews withnewsmen in Abuja on Wednesday. Chief Dominic Ezerioha, said that
the benefits of the rule of law were innumerable, including attraction of
foreign investments.
“The rule of law is static. It has
been in existence just as the common law before the law of equity came in to
suppress the sufferings of the common law,’’ he said. Ezerioha urged the
present administration to implement `the statistical and concepts’ of the rule
of law. “One of the benefits of such full implementation is in the area of
infrastructure. It will enable investors to come in and invest in the country.
“When the rule of law is supreme, where its
features are not static, it affects the people coming in to invest. “This is so
because it is the law that also governs and guides the principles of their
businesses here in the country,’’ he said. Ezerioha also said that investors
made countries grow and that foreign investments would never be beneficial to
the developing nations without their laws being in full effect.
Mr Clement Chukwuemeka said that
there was no strict observance of the rule of law in the country. Chukwuemeka
said that in other democracies, the rule of the law was the fulcrum upon which
all other activities were hinged. He, however, expressed optimism that the
country would eventually reach its peak in adherence to the rule of law since
democracy had been entrenched in Nigeria.
The legal practitioner said the
country would be a haven for investors when the citizenry respected the law. He
said that foreign investors were waiting to observe adherence to the rule of
law by the citizenry before they would invest in the country. “Anytime
Nigerians begin to respect the law, we will begin to have influx of investors
into this nation,’’ he said. “It is the absence of the full operation of the
rule of law that has driven away investors and plunged us into recession.
“The rule of law is the genesis of
development. If we start obeying the law the economic difficulties we are
currently facing will disappear without policies,’’ he said. Mr Moukhtar Nasale
said: “with its full observance of the rule of law, investors will not be
afraid to come in to invest. Another lawyer, Mr Hirse Mwanasat said, “when the
law reigns supreme everything will go into perspective,” he said.
He added that the rule of law would enable
businesses to thrive and people to pursue their dreams without fear. In the
same vein, Isaac Folorunso, urged the Federal Government to adhere strictly to
the rule of law so as to ensure economic and political stability.
NAN
Vanguard News
Lawyers in FCT call for strict adherence to rule of law
On September 27, 20172:18 pmIn NewsComments
Some lawyers in the Federal Capital Territory (FCT) have called for
strict adherence to the rule of law in order to attract foreign
investors to the country.
The lawyers made the call in separate interviews withnewsmen in Abuja on
Wednesday.
Chief Dominic Ezerioha, said that the benefits of the rule of law were
innumerable, including attraction of foreign investments.
“The rule of law is static. It has been in existence just as the common
law before the law of equity came in to suppress the sufferings of the
common law,’’ he said.
Ezerioha urged the present administration to implement `the statistical
and concepts’ of the rule of law.
“One of the benefits of such full implementation is in the area of
infrastructure. It will enable investors to come in and invest in the
country.
“When the rule of law is supreme, where its features are not static, it
affects the people coming in to invest.
“This is so because it is the law that also governs and guides the
principles of their businesses here in the country,’’ he said.
Ezerioha also said that investors made countries grow and that foreign
investments would never be beneficial to the developing nations without
their laws being in full effect.
Mr Clement Chukwuemeka said that there was no strict observance of the
rule of law in the country.
Chukwuemeka said that in other democracies, the rule of the law was the
fulcrum upon which all other activities were hinged.
He, however, expressed optimism that the country would eventually reach
its peak in adherence to the rule of law since democracy had been
entrenched in Nigeria.
The legal practitioner said the country would be a haven for investors
when the citizenry respected the law.
He said that foreign investors were waiting to observe adherence to the
rule of law by the citizenry before they would invest in the country.
“Anytime Nigerians begin to respect the law, we will begin to have
influx of investors into this nation,’’ he said.
“It is the absence of the full operation of the rule of law that has
driven away investors and plunged us into recession.
“The rule of law is the genesis of development. If we start obeying the
law the economic difficulties we are currently facing will disappear
without policies,’’ he said.
Mr Moukhtar Nasale said: “with its full observance of the rule of law,
investors will not be afraid to come in to invest.
Another lawyer, Mr Hirse Mwanasat said, “when the law reigns supreme
everything will go into perspective,” he said.
He added that the rule of law would enable businesses to thrive and
people to pursue their dreams without fear.
In the same vein, Isaac Folorunso, urged the Federal Government to
adhere strictly to the rule of law so as to ensure economic and
political stability.
NAN
Read more at: https://www.vanguardngr.com/2017/09/lawyers-fct-call-strict-adherence-rule-law/
Read more at: https://www.vanguardngr.com/2017/09/lawyers-fct-call-strict-adherence-rule-law/
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