The Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, has assured local and foreign investors that laws are in place to safeguard their business interests in Nigeria. This assurance was given at a dinner hosted for the Nigerian delegation to the ongoing International Bar Association (IBA) 2026 Conference in Copenhagen, Denmark. The event was attended by prominent individuals, including the Minister of State for Works, Bello Musa Goronyo, lawyers, diplomats, and members of the Nigerian communities in Denmark and neighbouring Sweden.

According to AGF Fagbemi, President Bola Ahmed Tinubu is committed to building a stronger Nigeria through economic policies and laws that would boost investor confidence. The administration of President Tinubu aims to strengthen the rule of law, improve access to justice, modernize the administration of justice, and promote respect for human rights. This, Fagbemi believes, will create a legal environment in which citizens and investors can have confidence.

The AGF urged lawyers and other Nigerians to join hands with the government to make the country greater. He emphasized the importance of collaboration in achieving the administration's goals. Bello Musa Goronyo described Fagbemi as a man of courage and urged the gathering to support Tinubu's reform efforts. This sentiment was echoed by the attendees, who recognize the significance of Fagbemi's initiatives.

Nigeria's Ambassador to Sweden, Denmark, Finland, and Norway, Lola Akande, highlighted the importance of strong legal institutions in building confidence among citizens, investors, and international partners. She emphasized that the work of legal professionals matters, not only to individuals seeking protection but also to investors and businesses operating across borders.

Speaking on behalf of the Nigerian delegation, Senior Advocate of Nigeria, Yusuf Ali, commended Fagbemi for setting precedents in the nation's legal victories and for hosting the gathering every year since assuming office. Ali's remarks were conveyed through a statement by his Special Assistant, Communication and Publicity, Kamurudeen Ogundele.

The IBA 2026 Conference provides a platform for legal professionals to discuss pressing issues and share knowledge. Fagbemi's hosting of the dinner event demonstrates his commitment to engaging with the Nigerian diaspora and promoting the country's interests. The gathering also underscores the significance of collaboration between the government, legal professionals, and investors.

The assurance of legal protection for business interests is expected to boost investor confidence in Nigeria. With a stronger focus on the rule of law and economic policies, the country aims to create a more favorable business environment. This development is likely to have a positive impact on Nigeria's economy and its relationships with international partners.

Key points

  • The Attorney-General of the Federation assures investors of legal protection for business interests in Nigeria.
  • President Bola Ahmed Tinubu is committed to building a stronger Nigeria through economic policies and laws.
  • Strong legal institutions are vital to building confidence among citizens, investors, and international partners.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.