NBA TASKS FG ON LAWS REGULATING ECONOMIC DEVT
BY IKECHUKWU NNOCHIRI
ABUJA-Without enabling laws to regulate economic reform and development in the country, politicians will continue to shortchange Nigerians with unattainable manifesto, the Nigerian Bar Association, NBA, has said.
The legal body, which made this observation in a statement yesterday, also tasked the Federal Government to institute mechanisms for bench-marking progress in the development sector.
It warned that unless strategies were put in place towards ensuring that political leaders adhere strictly to their economic reform plans, the achieved result would remain non-commiserate to efforts and funds expended in setting the apparatus
of governance in the country.
'Without enabling laws and laws to regulate economic reform and development, little progress will be achieved. This will result in the existence of weak institutions and poor regulation - the Nigerian story.
'Lack of laws regulating development in the country has been part of the reasons why despite all the efforts of government to kick start development and economic growth, the achieved results are not commensurate to the efforts put in setting up the mechanisms.
'The Nigerian Bar Association, NBA, is poised to achieve reform of the development law sector. This will result in strengthening existing institutions, proper regulation of development sector and instituting mechanisms for benchmarking progress in the development sector. This mandate of the NBA is in line with its objectives to promote good governance and the rule of law in Nigeria and achieve reform in these sectors.
'To achieve these objectives, the NBA is convening a consultative forum with development partners on February 11, 2011. The purpose of the consultative forum is to provide a platform to engage and share perspectives on governance, development and reform issues in Nigeria and to explore areas of collaboration.
'The consultative forum will provide a platform for development partners to make suggestions, outline their positions and identify key areas that the NBA should pay attention to', the statement read.