Bad debts, weak courts, and the slow suffocation of Nigeria’s economy  

The Supreme Court’s stance against prolonged litigation in debt recovery is more than a legal signal—it’san economic intervention aimed at restoring confidence in Nigeria’s credit system. Unresolved bad debts lock up capital, weaken banks, and slow growth, especially in sectors like oil, gas, and power, where impaired loans have stalled industrialization and discouraged further investment. […] The post Bad debts, weak courts, and the slow suffocation of Nigeria’s economy   appeared first on Nairametrics.