Public hearings being underused in Nigeria's regulatory process, lawyer says
Lawyer Ilemona Onoja argues that Nigeria's regulatory process is failing due to the underuse of public hearings and a lack of regulatory impact assessments. He suggests that better stakeholder engagement could reduce business costs and regulatory uncertainty.
Why it matters
Improving regulatory transparency and consultation is critical for fostering a more stable and predictable business environment in Nigeria.
Public hearings being underused in Nigeria's regulatory process, lawyer says - Businessday NG
Public hearings being underused in Nigeria’s regulatory process, lawyer says
Ilemona Onoja, a lawyer and public policy commentator, has called for mandatory regulatory impact assessments and expanded stakeholder participation to address the country’s business climate. Speaking during an X Space hosted by financial analyst Kalu Aja on the “Cost of Regulatory Uncertainty in Nigeria’s Economy,” Onoja argued that such a framework would mitigate regulatory conflicts and reduce compliance costs for businesses. Onoja noted that many disputes between government agencies and the private sector could be averted if proposed regulations were subjected to rigorous scrutiny and public consultation before their implementation. Addressing regulatory friction
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