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All Journal International Journal of Law Analytic Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations
Okeokwo, Thankgod
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Law, Crime, Criminology & Criminal Justice Library & Information Science Social Sciences

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Analysis of International Monetary Fund and Islamic Financing in Nigeria: the Better Development Financing Options Okeokwo, Thankgod; Linus, Gadzama Christopher
International Journal of Law Analytics Vol. 2 No. 1 (2024): February 2024
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijla.v2i1.1570

Abstract

The motivation for this research is an appraisal of the Laws Relating to the International Monetary Fund and its Impact on the Economic Development of Nigeria as well as the possibilities of Islamic Financing as an alternative to the International Monetary Fund. The objectives of the research include to analyze the legal and institutional frameworks for International Monetary Fund and those for Islamic financing; examine the role of International Monetary Fund in the development of member countries; extrapolate Islamic Banking potentials for economic development of Nigeria; and, analyze the IMF, Nigeria economic development partnerships and Islamic Banking model for development. The research adopted a doctrinal method and consulted primary and secondary sources such as the Articles of Agreement of International Monetary Fund, Banks and Other Financial Institutions Act, Companies and Allied Matters Act; then, journals articles and books. The research found that the IMF lends money to nurture the economies of member countries within balance of payments problems instead of lending to fund member's growth/development infrastructure projects; The IMF expects the countries to pay back the loans with interest, and the countries must embark on structural adjustment policies monitored by the IMF. It was recommended that Nigeria shift from borrowing from IMF to Islamic financing because Islamic financing by its nature is non-interest financing thus making it more convenient for the economic conditions of Nigeria. The research is novel and combines discourse on IMF and Islamic financing for Nigerian economic development.
Examining Legal Framework on Administration of Judicial System in Nasarawa State Okeokwo, ThankGod; Zekeri, Glory Ojomachewu
International Journal of Law Analytics Vol. 2 No. 2 (2024): May 2024
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijla.v2i2.1962

Abstract

A judicial system administration is fundamental in determining a civilized society which respects rule of law other than rule of might. The Judges and their Courts play pivotal roles in ensuring justice is served as at when needed without recourse to political, economic and religious considerations. This article examined the legal framework for judicial system in Nasarawa State and aims at associating modern legal framework with the extant legal regime for the judiciary in Nasarawa State. It deployed the doctrinal methodology sourcing data from primary sources like the Nigerian Constitution, High Court of Northern Nigeria Law, Magistrate Courts Law, Area Courts Law. The article found that the extant High Court Law, Magistrate Courts Law and Area Courts Law are those which were promulgated or enacted during the regional system in Nigeria of pre-1966. It was found that some Warrants which established Magistrate Courts and Upper Area Courts in the State were on their face value defective. Recommendations were that the Nasarawa State House of Assembly enacts Laws for the High Court, Magistrate Courts and Area Courts in keeping with judicial system borne from autochthonous laws.
ANALYSIS OF WHETHER CIVIL PROCEDURE RULES OF COURT ARE SUPERIOR TO THE LAW ESTABLISHING SUCH COURT: A CASE FOR THE REVIEW OF TARABA STATE AREA COURTS EDICT 1988 AND THE AREA COURTS (CIVIL PROCEDURE) RULES 1971 Okeokwo, ThankGod; Linus, Gadzama, Christopher
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 3 (2024): European Journal of Contemporary Business Law & Technology: Cyber Law, Blockcha
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i3.389

Abstract

Civil Procedure Rules are made out of the powers conferred on the enacting Judicial Officer usually the Chief of the State to make practice and procedure for administration of justice in Courts within such state. It is an exercise of powers derived from the principal law. The principal law is the foundation while the procedure or practice is built on the foundation. The principal law is superior and should have overriding effect over the procedural law if both comes in conflict on an issue regarding administration of justice and procedure in Courts. This article aim to query and ascertain the propriety or otherwise of civil procedure rules of a court being interpreted to be superior to the law which established such court or interpreted to mean that until powers of the Chief Judge to make recent civil procedure is activated, the literal meaning of the words of the establishing law will not be superior to extant civil procedure rules. The article adopts the doctrinal methodology with particular reliance on sections of the Taraba State Area Courts Edict 1988 and the Area Courts (Civil Procedure) Rules 1971. It consulted secondary sources related to the topic. The article found that the Taraba State Area Courts Edict 1988 and the Area Courts (Civil Procedure) Rules 1971 predates the creation of Taraba State and do not represent a 21st century legal framework for administration of justice in the state. It recommended that the Taraba State House of Assembly amend the Area Courts Law while the Chief Judge should urgently issue a new Area Courts (Civil Procedure) Rules for the State.
SOME REGULATORY FRAMEWORK ON ENVIRONMENTAL POLLUTION IN NIGERIA Okeokwo, ThankGod; Ojomachewu, Zekeri, Glory
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 3 (2024): European Journal of Contemporary Business Law & Technology: Cyber Law, Blockcha
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i3.400

Abstract

Some regulations made under the powers of the National Environmental Standards and Regulations Enforcement Agency pursuant to its Act provides for Cleaner Production Technologies in most industries which have impact on air, water and plant existence within Nigeria. The Regulations have identified polluter pays principles and effective investment in up to date technologies as strategies to getting pollution free environment mould into environmental plans of new licensees in Pharmaceutical, soap, detergent and chemical related industries. Every person or body must ensure it does not contribute to the pollution of the environment beyond what the ecosystem can absorb. Pollution is the alteration of the natural use of environmental resources as to make it lose or change its natural, biological, chemical and physical essence beyond the capacity of the environment to absorb. There are activities which are contrary to natural existence of the environment but which does not distort the composition or nature of environmental resources. This article adopted doctrinal methodology and data sourced from regulations. It was found that environmental pollution may not be overcome by mere subsidiary legislation. It was recommended that enforcement of the Regulations plus synergy in areas of technical assistance and pollution remediation equipment acquisition and utilization among related agencies will go along-way at solving pollution issues around production facilities industries in Nigeria.
EXAMINING SOME INSTITUTIONAL FRAMEWORK ON ENVIRONMENTAL POLLUTION IN NIGERIA Glory Ojomachewu, Zekeri; Okeokwo, ThankGod
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 3 (2024): European Journal of Contemporary Business Law & Technology: Cyber Law, Blockcha
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i3.405

Abstract

Institutions are established to uphold certain programmes of government which are helpful for development of the human society. The control of pollution activities of individuals and corporate organizations are some of the concerns of modern day world. Diligence and compliance with rules will assist institutions perform optimally. However, innovation and technology can aid in carrying out functions and achieving set goals efficiently. This paper focuses on institutional framework on environmental pollution in Nigeria. To prevent destruction of environmental resources through pollution, institutions like the NESREA and National Council for Climate Change are established. Statute like National Environmental Standards and Regulations Enforcement Agency Act 2007 as amended and Climate Change Act 2021 created institutions to promote anti-pollution campaign. It was found that environmental pollution can be curtailed and climate change curbed if the institutions perform their duties with patriotism. It was recommended that Agencies like NESREA and National Council for Climate Change should synergise in areas of technical assistance and pollution remediation equipment acquisition and utilisation.
FEDERALISM IN NIGERIA AND LOCAL GOVERNMENT FINANCIAL AUTONOMY: ATTORNEY GENERAL OF THE FEDERATION VERSUS ATTORNEY GENERAL OF ABIA STATE & 35 ORS (2024) Linus , Gadzama Christopher; Okeokwo, ThankGod
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 8 (2024): Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and L
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i8.974

Abstract

The Constitution of the Federal Republic of Nigeria 1999 (as amended) serves as the foundational legal framework for governance in Nigeria, delineating the structure and functions of government at various tiers. General Background: Recent Supreme Court rulings concerning local government autonomy have intensified debates about the nature of Nigeria’s federal structure, particularly regarding whether it constitutes a two-tier or three-tier system. Specific Background: This article critically examines the constitutional provisions that govern local government administration and the legislative authority of State Houses of Assembly, focusing on the implications for Nigeria's federal architecture. Knowledge Gap: While existing literature has addressed aspects of Nigeria’s federalism, there remains limited analysis of the constitutional recognition of local government as a third tier and its dependence on state legislatures. Aims: The objective of this study is to elucidate whether the Nigerian Constitution endorses a two-tier or three-tier federal structure and to assess the implications of recent judicial decisions on local government autonomy. Results: The findings indicate that the Constitution acknowledges a three-tier federal system, with local government councils—despite being the closest to the grassroots—remaining under the legislative control of the states. Novelty: This research contributes to the discourse on Nigerian federalism by highlighting the unique characteristics of local governance within the constitutional framework. Implications: It is recommended that the 1999 Constitution be amended to establish local governments as a fully independent third tier, eliminating their reliance on state governments, thereby enhancing local governance and accountability.
Co-Authors Glory Ojomachewu, Zekeri Linus , Gadzama Christopher Linus, Gadzama Christopher Linus, Gadzama, Christopher Ojomachewu, Zekeri, Glory Zekeri, Glory Ojomachewu