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Osinbajo "Slow justice system discourage investment," says VP

Yemi Osinbajo has said the slow justice system in Nigeria is discouraging investments and slowing down business.

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President Muhammadu Buhari and Vice President Yemi Osinbajo play President Muhamadu Buhari and Professor Yemi Osinbajo (Daily Post)

Vice President Yemi Osinbajo has said that the slow administration of justice has an implication on business and discourages investments.

He said that President Muhammadu Buhari had set targets on the ease of doing business programme.

He said that one of the key things the administration was trying to achieve was to create an enabling environment for ease of doing business.

“The administration of justice is a public resource, court is a public resource, judges, lawyers must be held to account,’’ he said.

Osinbajo made this known while speaking at the 46 Institute of Chartered Accountants of Nigeria (ICAN) conference which he declared open.

Osinbajo noted that the critical thing was that government was collaborating with the private sector “and in particular we have invited some private sector consultants who are working with us.’’

He said agencies created to promote business should be able to at the end of three months declare how many small businesses they facilitated their approvals or helped to come on board.

Holding the public officer to account is going to be a key way of ensuring that we are able to bring development,’’ Osinbajo declared.

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