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Posted By: |August 06, 2020 |

The Impact Of The Enforcement Of Foreign Judgments In Nigeria On The Economy Of Nigeria

 

Introduction

The economic recession which is currently taking place in most countries of the world has made Africa the beautiful bride of foreign investments as most established businesses are currently coming to invest in Africa. There is no doubt that Nigeria being the most populous country in Africa would attract a significant portion of the foreign investments which are being channelled into Africa.

Thus, it is important that there needs to be a very deep understanding of the regime of the enforcement of foreign judgments in Nigeria, as foreign business men and organizations are bound to shun Nigeria and avoid doing businesses with Nigerian companies and business men if they are not confident that any judgment which they obtain against a Nigerian business man or company in a court in a foreign country would be enforceable in Nigeria.

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