Statutory adjudication; A panacea to payment problems in construction industry in Nigeria.
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Date
2012
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Department of international Law and Jurisprudence, Faculty of Law, Ebonyi state University, Abakaliki.
Abstract
This paper eamines the reality of payment problem bedeviling stakeholders in the construction industry and the enormity of the threat that it poses in the delivery of projects in gerneral and the economic development in particular in Nigeria. It -rays the causes of these problems and possible solutions as well as the attempts that have been made to tackle the menace through the instrumentality of law both in other countries and in Nigeria. Consequently, this paper identifies among othersthe report of the project Audit Commissionset up in year 2013 to investigate cases of abandoned federal government projects. The report revealed that over 12, 000 projects awarded by the federal government of Nigeria had been abandoned across the country while those of the states were even worse especially with the present economic recession. the deleterious effects of this phenomenon such as loss of lives, unemployment among others are catalogued. Hence, the paper suggests a number of ways through which these challenges can be tackled including the adoption of statutory adjudication Act, which has assisted the construction industry in other commonwealth countries. Finally, the paper makes certain recommendations for tackling these problems in Nigeria such as the need to revisit the legal framework for construction dispute resolution and modification of the existing laws guiding the resolution of construction disputes in Nigeria to accommodate statutory adjudication.
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Raji, B. A. (2012). Statutory adjudication; A panacea to payment problems in construction industry in Nigeria. Ebonyi State University of International and Juridical Review. 2, 86-9. Published by department of international Law and Jurisprudence, Faculty of Law, Ebonyi state University, Abakaliki.