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Enforcing Contracts

The enforcing contracts indicator measures the time and cost for resolving a commercial dispute through a local first-instance court, and the quality of judicial processes index, evaluating whether each economy has adopted a series of good practices that promote quality and efficiency in the court system.

  COMPLETED REFORMS IMPACT
1 Introduced specialized small claims commercial courts or commercial divisions in Lagos and Kano.
  • Fast track resolution of small commercial claims for SMEs.
  • Small commercial suits will be handled within a 60-day period from filing till judgment (amounts below N5m in Lagos and N10m in Kano).

To read more click here to visit WB website

Share this page:

Enforcing Contracts

The enforcing contracts indicator measures the time and cost for resolving a commercial dispute through a local first-instance court, and the quality of judicial processes index, evaluating whether each economy has adopted a series of good practices that promote quality and efficiency in the court system.

  COMPLETED REFORMS IMPACT
1 Introduced specialized small claims commercial courts or commercial divisions in Lagos and Kano.
  • Fast track resolution of small commercial claims for SMEs.
  • Small commercial suits will be handled within a 60-day period from filing till judgment (amounts below N5m in Lagos and N10m in Kano).

To read more click here to visit WB website

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