An Integrated ADR Institution as a Better Tool to Secure Socio-Economic  Justice in Financial Inclusion Claims in Nigeria

KUDIRAT MAGAJI W. OWOLABI

An Integrated ADR Institution as a Better Tool to Secure Socio-Economic Justice in Financial Inclusion Claims in Nigeria

dc.contributor.author	KUDIRAT MAGAJI W. OWOLABI
dc.date.accessioned	2026-05-16T20:36:25Z
dc.date.available	2026-05-16T20:36:25Z
dc.date.issued	2024-07-30
dc.description	NONE
dc.description.abstract	Financial inclusion (F.I.) and transparent democratic practice in the financial services sector are critical elements that make growth inclusive and sustained. This is so because F.I. is an independent variable that plays a significant role in enhancing sociojustice. Ordinarily, every adult population in any nation/ country should be financially included to access a range of formal financial services at affordable costs. However, a larger population around the globe (including Nigeria) is deprived of participation in the F.I. process. Hence, a detectable financial exclusion can be bothersome, especially for nations whose economies' structural arrangement and social and economic disposition have created an economic variation. The role of integrated Alternative Dispute Resolution (ADR) institutions in enhancing socio-justice in the financial service sector rarely gets noticed. The paper shall examine and analyze the impacts of strengthening integrated ADR institutions to improve socio-economic justice in Nigeria. This is necessary to enhance amicable resolution strategies for Nigeria's F.I. claims/disputes. It, therefore, emphasizes the importance of implementing ADR principles and procedures in F.I. claims to enhance socio-justice. F.I. claims are expected to be resolved faster, cheaper, and fairer. Hence, this paper shall advocate for integrated ADR institutions that are capable of strengthening the financial services sector, which is increasingly complex from a legal perspective.
dc.description.sponsorship	NONE
dc.identifier.citation	UNIVERSITY OF TURBAT Journal of Law and Social Sciences Vol 2(1), 15-32
dc.identifier.issn	ISSN (Online): 2959-877X
dc.identifier.uri	https://kwasuspace.kwasu.edu.ng/handle/123456789/7282
dc.language.iso	en
dc.publisher	UNIVERSITY OF TURBAT
dc.title	An Integrated ADR Institution as a Better Tool to Secure Socio-Economic Justice in Financial Inclusion Claims in Nigeria
dc.type	Article