Tag: justice

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Overview of the Asset Management Corporation of Nigeria (AMCON) by Lawson Akhigbe

The Asset Management Corporation of Nigeria (AMCON) represents one of Nigeria’s most significant financial interventions in response to systemic banking distress. Its debt enforcement history reflects a blend of aggressive statutory powers, evolving legislative enhancements, notable operational successes, persistent challenges, and occasional perceptions of uneven application influenced by political or economic factors. Below is a thorough, chronological exploration of AMCON’s enforcement journey, including context, key mechanisms, statistics, notable cases (with nuances around the Ben Murray-Bruce/Silverbird matter), challenges, and broader implications.

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The Steve Oronsaye Report

The Steve Oronsaye Report formally titled the Report on the Restructuring and Rationalization of Federal Government Parastatals, Commissions, and Agencies is a landmark 800-page public service reform blueprint submitted to the Nigerian government in 2012.

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Navigating the Void: Why Nigeria Needs a Corporate Deferred Prosecution Agreement (DPA) Framework

In a standard DPA regime, a company that self-reports and cooperates can avoid the "corporate death penalty" of a criminal conviction. In Nigeria, we are currently forced to rely on the Administration of Criminal Justice Act (ACJA) 2015.
While the ACJA provides for Plea Bargaining, it is a fundamentally different animal from a DPA:

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The Samson Strategy: How the Tinubu Government Pulled the Temple Down on Itself Over PFIPC by Lawson Akhigbe

The Bola Ahmed Tinubu administration appears to have forgotten that rule in its handling of the Presidential Foreign Investment Promotion Council (PFIPC) controversy. In its determination to destroy the credibility of one man, Prince Adeniyi Matthew Adeyemi, it may have inflicted collateral damage on something far more valuable: the credibility of official government documentation itself.

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Nigerian Judiciary by the Truckload By Late Prof. Pius Adesanmi (Repost)

The flight from London had arrived. I was waiting for the Chief Judge of Kwara state. An elderly man wheezed past me imperiously like he owned Ottawa Airport. Like he personally appointed the Mayor of Ottawa. The unmistakable trade mark of the Nigerian. I was going to hail him and ask if he was my guest.

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