Lagos - The Lagos State Government announced plans to build a special court to ensure faster settlement of commercial disputes and subsequently attract investments into the state.
Chief Judge of Lagos State, Justice Ayotunde Phillips, said the main objective of the fast track court was to reduce the time spent on litigation to a period not exceeding nine months from the commencement of the action until final judgment.
She said the court would be built at Tapa in Lagos Island, at a date yet to be announced, and adjudicate over matters relating to revenues, mortgages and other commercial cases.
The chief judge therefore appealed to stakeholders in the justice sector to partner with the judiciary towards making it a success.
The Lagos State Attorney-General and Commissioner for Justice, Ade Ipaye, emphasised that speedy resolution of commercial disputes was important for economic development.
“Investors are looking for a justice system that works,” he said at a Stakeholders Forum on Fast Track Rules and Procedure.
The Lagos State Judiciary, in collaboration with Justice for All, a project of the British Council, organized the event.
“Investors are looking for where they can confidently invest with the expectation that when there are disputes, those disputes can be speedily addressed.”
Ipaye appealed to legal practitioners to shun delay tactics which made a lot of people to lose faith in the justice system.
Onyekachi Ubani, Chairman of the Nigerian Bar Association (NBA), Ikeja Bbranch, concurred.
“Lawyers must be dissuaded from employing delay tactics in fast track matters,” he said.
Dr Bob Arnot, National Programme Manager of Justice for All, said the relationship between justice and economic development could not be overemphasized.
– CAJ News