• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, August 5, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

MSMEs must adopt dispute resolution mechanisms – Director

The Matters Press by The Matters Press
February 11, 2022
Reading Time: 2 mins read
0
Nigeria disburses N56bn to MSMEs

The Director, Lagos Multi-Door Courthouse, Mrs Adeyinka Aroyewun, on Thursday, stressed the need for Micro Small and Medium Scale Enterprises (MSMEs) to adopt seamless conflict resolution mechanisms.

RELATED POSTS

Military gets pay rise

Nigeria marches toward state police

Nigeria today, terse position

She spoke on Day 3 of a peer-learning and capacity development workshop organised by the German Agency for International Corporation (GIZ)-SEDIN in partnership with the Lagos State Judiciary, in Lagos.

The workshop opened on Feb. 8, with the theme, “Strengthening the Operation of the Small Claims Court in GIZ-SEDIN Partner States”, with participants drawn from GIZ-SEDIN’s partner states (Niger, Edo, Lagos, Kano, Plateau, Oyo, Kaduna, Abia and Ogun states).

Aroyewun said that MSMEs needed seamless dispute resolution mechanisms, especially in view of their contributions to Nigeria’s Gross Domestic Product (GDP).

“It is important to note that MSMEs have become significantly crucial to the Nigerian economy as they contribute 48 per cent of GDP, account for 96 per cent businesses and 84 per cent of employment in Nigeria.

“It has become pertinent for MSMEs to adopt a seamless dispute resolution mechanism to solve an ever-widening range of conflicts between MSMEs and other businesses, individuals and government agencies.

“This approach would save costs, ensure confidentiality as well as enhance speedy dispensation of justice which will in turn translate into ease in doing business in Lagos and in Nigeria as a whole,” she said.

Aroyewun spoke on the topic: Facilitated Negotiation/Mediation Presented to Magistrates of the Small Claims Court.

Justice Rahman Oshodi, of the High Court of Lagos State, also spoke on ‘Enforcement of Judgements and Appeals’, at the event.

He said that the Small Claims Court referred to a classification of Magistrate Courts that dealt with liquidated money claims involving small amounts of money.

The judge said that the timeline and simplicity of the process had aided efficiency of the court.

According to him, the emergence of Small Claims Court has met and exceeded expectations in Lagos State, even at the appellate stage, despite some constraints.

Some legal practitioners at the event said that Small Claims Court would improve the sanctity of contracts and further boost foreign investors’ confidence in the country’s economy.

Tags: MSMEs
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Military gets pay rise

August 5, 2026
Police nab 233 officers for graft
News

Nigeria marches toward state police

August 4, 2026
Tinubu’s economic reforms encourage investment – UK
Energy

Nigeria today, terse position

August 2, 2026
Tinubu tells the world: Africa Does Not Wish to Replace Old Shackles With New Ones
Economy/Technology

Resilience, patriotic endurance of Nigerians keep Tinubu’s historic economic reforms alive

July 30, 2026
FG achieves economic growth in spite of global shocks – Minister
Economy/Technology

IMPI acknowledges Nigerians as ultimate hero of reforms as economy turns around

July 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

NIGERIANS AS ACTUAL EXECUTORS OF TINUBU’S REFORMS AS ECONOMY TRANSITS FROM CONSUMPTION TO PRODUCTIVITY

July 30, 2026
Next Post
Nigeria urged to create enabling space for Fintech operators

Nigeria urged to create enabling space for Fintech operators

Economists Challenge IMF on call for further VAT increase in Nigeria

Economists Challenge IMF on call for further VAT increase in Nigeria

Recommended Stories

Billionaire Alibaba in hits Nigeria, discusses with Osinbajo

Billionaire Alibaba in hits Nigeria, discusses with Osinbajo

November 15, 2019

AfDB, World Bank on path for transformative collaboration in Africa

July 21, 2023
Group to host international summit  on moringa cultivation

Export: Council supports Katsina farmers to boost moringa production

January 17, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Military gets pay rise
  • Nigeria marches toward state police
  • Nigeria today, terse position

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us