Tag: lawyers

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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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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 Defence of Femi Gbajabiamila: The Case Against Assumption; He Is Not the One on Trial by Lawson Akhigbe

The prosecution says he cannot be trusted because he once faced disciplinary proceedings in another jurisdiction decades ago. Yet even if every fact of that matter is accepted, the question before this court remains simple: what relevance does an event from more than twenty years ago have to allegations made today?

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Law Practice and the Rule of Law in Nigeria: A Mirror of Its Society by Lawson Akhigbe

If you want to understand why Nigeria’s law practice struggles to find solid ground, you don’t need a commission of inquiry — just attend a random court session. There, you’ll see the Nigerian lawyer in full regalia: a powdered wig, a trembling robe, and an irresistible urge to speak Latin in a country where half …

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