Department of Business and Private Law

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Browsing Department of Business and Private Law by Author "*Animashaun, O. *"

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    Corporate Governance in Nigeria
    (Faculty of Law, Kwara State University, 2024) *Animashaun, O. *
    In recent years, the poor returns and inefficiencies of the state-owned enterprises (SOEs), globalization and international economic pressures, induced the Nigerian policymakers to adopt economic liberalization and deregulation programmes. Advocates of these reforms, including the International Monetary Funds (IMF) tout this route as the only and the most potent route for generating greater economic growth, but also for contributing to more responsible corporate governance. Recent occurrences such as the COVID-19 epidemic exacerbate the rot in the corporate sector and the importance of corporate governance in Nigeria. This chapter provides an account of the nature of corporate governance in Nigeria and investigates the prospects for recent reforms contributing to more responsible governance and development.
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    International Criminal Court and Africa: Another Apartheid Regime in the Making?
    (Faculty of Law, Usmanu Dan Fodio University, Sokoto., 2020) *Animashaun, O. *
    Most of the African states, not unlike the apartheid era tribal-homelands (Bantustans), were created to be dependent. These Bantustan-like ‘sovereign’ African states were weakened by colonialism, trans-Atlantic slavery, structural adjusted programmes, human trafficking, globalization, and international organizations like the International Criminal Court (ICC), created through the Rome Statute, 1998. The unsuspecting African leaders subscribed to in large numbers. The article addresses the geopolitical imbalance in the indictment, investigation and prosecution at the ICC and argues that the court’s main focus seems to be only on Africans. It also interrogates the irony of the referral and deferral powers of the permanent members of the United Nations Security Council, majority of whom are not party to the Rome Statute. The article examines the flaws in the Rome Statute, the cases instituted and similar cases that were ignored by the ICC prosecutor. The result indicates that the independence of the ICC is compromised because it focused mainly on African states, while ignoring similar violations of the Rome Statute by the ‘powerful nations’ and their allies. It concludes that African countries need strong national and regional mechanisms to promote transparency in governance; and should be circumspect in adopting treaties without weighing the implications.