The year 2022 is already here, knocking on the door and pregnant with a million possible outcomes. For Nigeria, the year 2022 is undoubtedly slated to be an eventful year – for amongst other things it is a prelude to an election year, a possible census year and a projected year of economic recovery following the heights of the Covid scourge
As young lawyers, the incorporation of tech into law is not something we can afford to watch from the sidelines; it is already unfolding, and it demands that young lawyers evolve with it. The digital economy is expanding, industries are being redefined, and entirely new categories of clients are emerging.
For Lawyers, this presents both a responsibility and an opportunity. It is no longer sufficient to observe the potential of innovations such as smart contracts from the sidelines.
Technology has emerged as a vital tool in bridging the gap between the Nigerian justice system and the people it serves. By streamlining Court processes, enabling remote access to legal services, and improving transparency, technology has significantly contributed to enhancing access to justice.
The Nigerian Startup Act 2022 is a crucial step toward strengthening the country’s tech ecosystem, offering startups funding, regulatory support, and incentives. However, slow implementation, regulatory overlaps, lack of awareness, and infrastructure challenges have limited its impact.
