A former president of the Nigerian Bar Association Dr Olisa Agbakoba SAN, on November 29, 2022, said that what drives a state is the legal, institutional and regulatory framework but that Nigeria still has a long way to go in terms of development. He said that Nigeria is in an extremely fragile state as available indices showed the characteristics of a failing state. The learned silk stated this in the OAL Policy Report 2022, titled: “Big Issues for the 2023 General Elections” He said that it is generally agreed that a country with a weak legal, institutional and regulatory framework cannot develop economic opportunities but unfortunately, Nigeria suffers from legal, institutional and regulatory failure. According to him, there are conflicts and agitations everywhere, feelings of marginalization and exclusion, a rise in political and criminal violence, loss of control of borders, rising ethnic, religious, and cultural hostilities, weak institutions, food shortages, un...
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