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Championing Transparency: Legal Practitioners’ Role in Enhancing Financial Policies in Nigeria

Published

2 months ago

February 21, 2024

Stella Charles Akupue

Championing Transparency: Legal Practitioners' Role in Enhancing Financial Policies in Nigeria

Our featured series this week delves into the proactive role of legal practitioners in Nigeria in advocating for enhanced financial policies within the nation’s legal framework.

Through diverse avenues and strategic initiatives, we explore the pivotal strides made in recent times, spotlighting the commendable endeavours of both individuals and institutions committed to fostering better policies within the Nigerian Legal System.

Interacting with the government:

Today, we delve into the pivotal role of legal practitioners in engaging with governmental authorities, policymakers, and legislators to champion the formulation and execution of improved financial policies.

Recognizing our responsibility as legal professionals to actively contribute to policymaking processes entails active participation in policy dialogues, presenting proposals, and offering expert insights on legislative reforms about financial regulation, taxation, investment, and economic progress.

SAVE THESE DATES:

Notably, during the Global Anti-Corruption Conference held in Atlanta, USA, on December 11th, 2023, the Honourable Attorney General, in collaboration with the Nigerian Delegation, articulated Nigeria’s commitments.

This significant event, marking the twentieth anniversary of the United Nations Convention against Corruption (UNCAC) and attended by over 150 member states, underscored key priorities for Nigeria in combating corruption.

These priorities, as outlined by the Honourable Attorney General on the official website of the United Nations Office on Drugs and Crime, encompassed criminal justice reform, asset recovery, transparency in beneficial ownership, and the deterrence of illicit financial activities.

In light of these developments, it becomes imperative for legal practitioners to align their advocacy efforts towards ensuring transparency and accountability in Nigeria’s financial policies.

Sincerely,
Blessing Udofa-Poromon,
(Exchequer of the Nobles)

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