The Chief Justice of Nigeria, Justice Tanko Muhammad, has emphasized that judiciary is necessary partner in the enhancement of financial stability in the country.
He spoke at the opening of the national workshop for judicial officers on recent reforms of banking and financial services law and practice, in Abuja,where he said that timely dispensation of justice by the judiciary is a critical factor that will enhance financial stability in Nigeria.
He insisted that if the judiciary must play its role in financial stability in Nigeria, cases of delay must be aggressively and frontally addressed so that parties will get justice at the end and the resultant effect will raise public confidence in the judiciary.
“There is no gain saying the fact that an effective judicial system is a catalyst for financial system stability, which will in turn dovetail into economic growth” Justice Muhammad noted.
He advocated the need for judicial officers to embrace case management in their courts, stressing it will aid speedy dispensation of cases in their dockets.
He said, it’s one of the key factors that will aid the judiciary in carrying out its assigned responsibilities and essentially ensuring financial system stability.
He said the theme of the workshop: “The Role of the Judiciary in Financial Stability in Nigeria” is apposite, as it will sensitize and keep judicial officers abreast with new developments in the specialized area of banking law.
He added that the workshop no doubt represents a milestone, expected to boost investors’ confidence.
805700cookie-checkCJN Ties Nigeria’s Financial Stability To Speedy Dispensation Of Justice
