Economy

The Nigerian Capital Market and the Role of Solicitors in Public Offering of Securities

The capital market has a close relationship with the Gross Domestic Product (GDP) of Nigeria, therefore being a major driving force in the economic development of the country. The roles of solicitors also cannot be undermined, because violation of the rules will not only place a civil liability on the company and its members but also indirectly affect the economy of the nation at large.

The Role of the Nigerian Legislation in Combating/Controlling Plastic Waste and Pollution

Nigeria generates some 32 million tonnes of waste per year, including about 200,000 tonnes of plastic waste according to a 2018 report by the World Economic Forum. The country’s disposal, recycling, and waste management system is very inefficient, dealing with both plastic and non-plastic waste, most of which (70%) ends up in landfills, sewers, beaches and water bodies. In an effort to improve plastic waste recycling in this case, the Nigerian Ministry of Environment has already built plastic recycling plants throughout the country, says Muhammad Mahmood.

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