The Central Bank of Nigeria, CBN and the National Judicial Institute have concluded plans to hold a workshop for judicial officers on the Nigerian Housing Finance Programme.

The workshop with the Theme “’Mortgage Disputes in Nigeria: The Need for Expeditions Resolution of cases” is aimed at advocating for the dedication of judges to disputes arising from mortgage and law reforms geared towards expediting the resolution of mortgage and commercial disputes in Nigeria.

The workshop also seeks to sensitize judges and obtain their buy-in to the Federal Government’s economic objectives under the critical housing component of the FSS 2020, particularly on the speedy dispensation of mortgage disputes through the designation of reserved courts for this purpose.

The federal government, through its relevant ministries, departments and agencies is implementing the Nigeria Housing Finance programme, supported by the World Bank, International Development Association as part of measures to increase access to housing finance. The workshop will therefore focus on identifying and sensitizing participants on the numerous constraints facing Nigeria’s housing finance system.

It will also empasise the importance of the judiciary and its unique role in achieving solutions to these constraints.

It will further bring to the fore the numerous advantages that would be achieved and the blossom that would be brought to bear on the country’s housing industry once these problems are identified and resolved.

The two days’ workshop is scheduled to begin 20th September, 2017 at the National Judicial Institute, Abuja.

 

By Okon Ene

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