Investors may continue to shun long-term investments in Nigeria if courts fail to enforce contracts consistently, commercial disputes drag on for years, and government policies undermine existing business agreements, legal and business leaders have warned.
They said the country’s ability to attract and retain capital depended not only on the potential for profit but also on whether investors could protect their assets, obtain fair decisions in commercial disputes and recover their investments when necessary.
Managing Partner of Candide-Johnson Law, Charles Adeyemi Candide-Johnson, SAN, captured the concern when he said that capital was attracted by safety rather than merely the promise of profit.
“Actually, capital goes where it is safe,” he said.
The warning formed part of discussions at the third annual Multi-Door Courthouses and Alternative Dispute Resolution Stakeholders Summit 2026, held at the MUSON Centre, Onikan, Lagos, on October 19 and 20.
The summit was themed ‘Investor Confidence and ADR:
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