ABSTRACT Taxation in Nigeria is one of the major source of revenue for it an be said that it generates between 75% to 80% of Nigerian revenue. Taxation in Nigeria is however bedeviled with a lot of problem one of which is double taxation. It is the practice in Nigeria for income tax to be imposed both on worldwide income derived by residents of Nigeria and on income derived by non-residents generated within the country. The effect of such a system is that income derived by a resident of Nige...
ABSTRACT Major legal systems across the globe have evolved rules and principles for dealing with various situations. These situations are inclusive of different legal concepts like marriages, inheritance, offences etc. The rules and regulations are either man-made or divine as it exist under the common law and Islamic law respectively. Thus, it is conceivable that different legal system will proffer different ways of dealing with the same legal concept. The offence of murder is no exception i...
ABSTRACT Death is an inevitable end of everyone. All societies even the crudest, have a form in which individual’s property will be dealt with after they die. Wills are generally unknown and partially alien to indigenous Nigerian culture. In some instances however, some terms of testamentary disposition of property are made to safeguard and avoid the various problems that may likely arise after the death of a family head. Succession, a concept of family set up is centered on a person dying ...
ABSTRACT Family land is land that belongs to a family as a whole under customary law. From time immemorial through the period of agriculture to the period of industrial development, land has remained the most valuable property in the life of man and his development. It is a source of wealth to those who have it and the mother of all properties. In other words, virtually all the basic needs of human existence are land dependent . The emphasis of the concept of customary family land holding ...
Sources of Nigerian law denote where Nigerian law came from. The major question is that where did we get the present laws that we now call our own? Did they fall from heaven? Where did we get them from? We generally have six sources of Nigerian law they have been adequately discussed in this research work.
ABSTRACT Generally, where a court is faced with the problem of determining a suit before it, such can only be solved after making an enquiry into the relevant facts of the evidence put before it by the parties, drawing inferences from those facts, and listening to arguments of parties to the case or of their counsel. Evidence is there from called as a means by which those facts can be proved. Evidence of what the witness thinks, believes or infers in regard to facts in dispute, ...
ABSTRACT A company can be described as a legal entity or a body corporate, having perpetual succession and also a common seal, as well as the ability to sue and be sued in its own corporate name. Suffice to state, also that the company upon its incorporation can acquire property in its corporation name. This corporate personality, gives the company the status of a person; albeit artificial, having all the qualities of a normal human being. It should be noted, that a company is by virtue o...
CREATION OF LEGAL MORTGAGES UNDER THE NIGERIAN LAW A mortgage can be defined as a legal document by which the owner (i.e., the buyer) transfers to the lender an interest in real estate to secure the repayment of a debt, evidenced by a mortgage note. When the debt is repaid, the mortgage is discharged, and a satisfaction of mortgage is recorded with the register or recorder of deeds in the county where the mortgage was recorded. Because most people cannot afford to buy real estate with cash, n...
History of Banking The history of Nigerian Banking would be discussed along these lines: 1. The history of expatriate Banks 2. The history of Indigenous banks 3. The history of Hybrid banks 4. The Current Banks The History of Expatriate Banks The first attempt at establishing a bank in Nigeria was the establishment of a branch of the African Banking Corporation in Lagos 1891. The bank minted the coins for the colonial government and served as their banker. During this period, banking activit...
ABSTRACT The electoral process is an all encompassing process that includes registration of voters, identifying the political parties to be voted for, voting, counting of votes, declaration of election results as well as procedures and avenue for challenging election results. Elections have become the most acceptable process of changing leadership in any given political system in the present day. Election has been defined as the process of selecting a person to occupy a position or office, us...
ABSTRACT This Long essay sets out to analyse the provisions of chapter II of the Constitution of the Federal Republic of Nigeria (CFRN) 1999 and the attitudes of Nigerian courts to its enforceability. It argues that the claim of non-enforceability of Chapter II is a reflection of class politics which is programmed against the interests of the poor and downtrodden, and not necessarily because the Constitution ousts the jurisdictional competence of the court to adjudicate on implementation o...
ABSTRACTEver since independence, the criminal justice system of Nigeria has accommodated capital punishment which is also known as “death penalty”, as a punitive measure for specifically defined offences. In the past 15 years, scholars, researchers and students of penology and criminology have championed the debate for abolition of death penalty and vice versa. As of December 31st 2013, the number of abolitionist states stood at 140, while that of the retentionist States stood at 58, with...
ABSTRACTThe issue of corruption has led to loss of confidence in Nigeria by its citizens at home and abroad including the international community at large due to the activities of fraudsters, corrupt public officials and mis-governance by our leaders. On the international scene, Nigeria has been blacklisted as a slate in which integrity and transparency are alien and where no transactions occur without greasing palms. There is a culture of unregulated informal economy, inefficient contract aw...
ABSTRACT. This research work is centred on Law as it Were: the Place of Social and Moral Value in Contemporary Nigeria. The Law is as old as the creation of man and all of God’s creatures. He made Law to ensure the Harmony and Peaceful co-existence among his Creatures. By his Laws, He defined the limit for man. Law in any Society is as old as the society itself. This is because when a Society or Community is formed, Laws are usually put in place to ensure the Continuity of that Society or C...
ABSTRACT One of the defences open to an accused which may exculpate or mitigate him from criminal liability is provocation. The law recognizes that human beings are prone to losing their control under extreme rage and should they react violently, justice demands that account be taken of this natural tendency of theirs in inflicting punishment. The defence of provocation is available to an accused as a mitigating defence rather than an absolute one because much as the law recognizes human wea...