SmartPreneur
Advertisement
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
SmartPreneur
No Result
View All Result
Home Trending News

Small Business Owners To Benefit From Newly Inaugurated Small Claims Court In Bayelsa

Blessing Osazuwa by Blessing Osazuwa
January 12, 2023
in Trending News
0
Small Business Owners To Benefit From Newly Inaugurated Small Claims Court In Bayelsa
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

A Small Claim Court has been introduced in Bayelsa state for recovery of debts not beyond N5 million in the state. The Chief Judge of Bayelsa State, Justice Kate Abiri, has also set up a five-member management committee to run the newly inaugurated Court.

Join our communityJoin our communityJoin our community

Justice Abiri expressed that the Small Claims Court was established to give legal inclusivity to aggrieved persons whose claims were denied space and time in the congested and expensive dispute resolution platforms. She pointed out that the state of adjudicatory system is both expensive and time consuming, adding that it offers just little succour to litigants with small claims, especially those having to do with commercial disputes.

“We can imagine the plight of a small business operator who is owed money for goods supplied. To recover the debts, our businessmen have to go through a litigation system that may take eternity to reach a final decision. Oftentimes, the party may have spent much more than what he seeks to recover. Indeed, it is a fact that most businesses have closed down in Nigeria due to our courts delay in enforcing contracts”, Justice Abiri said.

In addition, the Chief Judge stressed that in spite of being the largest economy in Africa, Nigeria ranks 131 out of 191 economies of the world on the ease of doing business, this she attributed to the data of the latest World Bank annual ratings released on November 18th, 2022.

Justice Abiri added that enforcement of contracts by courts is one of the criteria used in ranking ease of doing business. She reiterated that the Presidential Enabling Business Environment Committee is collaborating with the Bayelsa State Government and providing technical assistance and support in the establishment of four pilot small claims courts.

Mrs Abise Theophilus, Deputy Chief Registrar, Bayelsa High Court said the courts would be presided over by a Magistrate, whose target is to deliver judgement within 14 days of concluding hearing and ensure that the cases were concluded within 30 days. The Deputy Chief Registrar explained that litigants do not have to hire a lawyer to approach the special courts which are less formal and more flexible than regular courts as litigants are allowed to represent themselves.

Tags: Bayelsa stateChief Judge of Bayelsa StateJustice Kate AbiriSmall business owners in BayelsaSmall Claims Court
Previous Post

We did not register ‘Wickedness Association’ as a business entity, Says CAC

Next Post

And the Nigeria Ports Authority Award for Safety Goes to APM Terminals Apapa

Blessing Osazuwa

Blessing Osazuwa

Blessing does the research to bring you needed information for success.

Related Posts

COVID-19 Fund: CBN Disburses N107.45bn To Beneficiaries To SMEs, Others
Trending News

SabiMONI: What the new CBN Initiative means for entrepreneurs

by Blessing Osazuwa
May 18, 2023
0

In an effort to enhance financial inclusion and promote financial literacy within Nigeria, the Central Bank of Nigeria (CBN) has...

Read more
The Power of Passion: Why Hilda Baci’s Cook-a-Thon Resonated with Millions
Trending News

The Power of Passion: Why Hilda Baci’s Cook-a-Thon Resonated with Millions

by Blessing Osazuwa
May 17, 2023
0

Nigerian chef and restaurateur, Hilda Effiong Bassey, professionally known as Hilda Baci, set her sights on breaking the Guinness World...

Read more
Report: Imo State Leads Nigeria in Digital Innovation
Trending News

Report: Imo State Leads Nigeria in Digital Innovation

by Blessing Osazuwa
May 10, 2023
0

Imo State has emerged as the top state in Nigeria for digital innovation and entrepreneurship development, according to the State...

Read more
Orange Corners Opens 2023 Incubation Programme For Young Entrepreneurs
Trending News

Orange Corners Opens 2023 Incubation Programme For Young Entrepreneurs

by Blessing Osazuwa
May 10, 2023
0

The Orange Corners Incubation Programme 2023 is currently open for applications, with the aim of developing and strengthening the entrepreneurship...

Read more
Pitch to anyone anywhere
Ask an Expert

How to pitch your business to Anyone, Anywhere

by Ruth Okwumbu-Imafidon
May 1, 2023
0

As a business owner or entrepreneur, being able to pitch your business effectively is crucial to success. Whether you're in...

Read more
What your business budget should look like…
Grow

How to start and grow a profitable online store in 12 weeks

by Ruth Okwumbu-Imafidon
April 26, 2023
0

It is no secret that many business owners are taking the online route to start and grow their business. Even...

Read more
6 free business courses every entrepreneur should take
Hustle life

Real revenue or not; What you need to know before calculating your revenue

by Ruth Okwumbu-Imafidon
April 18, 2023
0

Tales abound of business owners who get run out of business despite making sales after sales. Maybe the million dollar...

Read more
Load More
Next Post
APM Terminal wins HSE awards for safety

And the Nigeria Ports Authority Award for Safety Goes to APM Terminals Apapa

Please login to join discussion

Recent News

Online business

Key Factors To Consider When Scaling Your Online Business

June 8, 2023
AI-Powered Business: Benefits and Drawbacks

AI-Powered Business: Benefits and Drawbacks

June 8, 2023
Never Say These 7 Phrases To Your Customers

Never Say These 7 Phrases To Your Customers

June 5, 2023
core competency

How to Identify and Leverage Your Core Competencies for Business Success

June 5, 2023
SmartPreneur

© 2020 SmartPreneur

Navigate Site

  • Home
  • Trending News
  • Radio
  • Games & Quizzes
  • TV

Follow Us

No Result
View All Result
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Brand Insights
  • Profiles
  • Game & Quizzes
  • Weekend Teaser

© 2020 SmartPreneur