‘LAW-INDUSTRY’ STAKEHOLDERS AS CATALYST IN PROMOTING LAW, JUSTICE DELIVERY AND ECONOMIC DEVELOPMENT OF THE NIGERIAN STATE

Abstract

The article examined the contribution role of the ‘law-industry’ in promoting law, justice delivery and economic development of the Nigerian state. As a matter of fact, the law industry is and has remained critical stakeholders in the overall administration and adjudication of the justice system in Nigeria. The law-industry has been a threshold elemental force reining the promotion of law and related legal regimes, usually through effective justice delivery system, and cumulatively ushering an enduring legacy of transparent and accountable governance, both in Africa and Nigeria. The balancing need to sketch the legal matrix for the inter-relatedness between law and justice delivery, and the development of the economy, is a desideratum. The impact of the law-industry on justice delivery as well as the development of the economy cannot be over-emphasised. A virile and effective legal and law-industry remain a panacea in promoting economic-development. Beyond this threshold, the authors contended the attendant challenges and impact of corruption on the economy in developing countries such as Nigeria; with associated lack of accountability, insecurity, instability and weak institutions. The paper further questioned the national budget format as irrelevant and archaic, consequent on age-old introduction by the defunct colonial administration. The authors therefore maintained that the constitutional and legal basis of the Nigerian economy should be the fulcrum upon which the government is to harness the resources of the Nation in order to promote national security, efficient and dynamic self-reliant economy. This, of course, is not an end but only a means to secure maximum welfare, freedom and happiness of every citizen on the basis of social justice, equality of status and opportunity