Group Interests in Nigeria's Companies and Allied Matters Act:
[Article]
a History of Subterranean Regulatory Capture
Chukwuemeka G. Nnona
Leiden
Brill | Nijhoff
This article explores regulatory capture of aspects of company and securities law and the related law-making process by interest groups within Nigeria's commercial and bureaucratic classes. Using several examples, the paper draws out the reach and character of these interests. The paper's central argument is that the presence and reach of such group interests in Nigerian company law-making have hitherto been masked by the standard stylized rhetoric and presentation of company law and company law-making in Nigeria as formal, scripted affairs, but acknowledging these interests and delineating their contours conduce to their prophylaxis in law-making as well as their treatment in company law adjudication.