NBA-SBL Conference to Assess Impact of Nigeria's Economic Reforms

The Nigerian Bar Association Section on Business Law (NBA-SBL) is set to convene its 20th Annual International Business Law Conference, focusing on a critical evaluation of Nigeria's ongoing economic reforms. Rather than simply acknowledging their introduction, the conference, themed "Beyond Reforms: Measuring Policy Impact," aims to assess whether these policy changes are yielding tangible benefits for businesses and citizens.

Ozofu ‘Latunde Ogiemudia, Chair of the NBA-SBL, stated at a press conference that the event, scheduled for June 8-10, 2026, at the Abuja Continental Hotel, will delve into the practical outcomes of recent reforms. Nigeria has implemented significant policies, including the Petroleum Industry Act, fuel subsidy removal, foreign exchange unification, tax reforms, digital payment regulations, mining sector liberalization, and infrastructure reforms. Ogiemudia emphasized that the crucial question now is whether these reforms are effectively strengthening institutions, boosting investor confidence, and creating economic opportunities.

The conference will serve as a platform for a diverse group of stakeholders, including regulators, policymakers, legal practitioners, business leaders, development experts, and international representatives. Their collective goal will be to assess the real-world economic and social impact of government policies and identify areas needing enhancement. Discussions will specifically address whether current reforms are supporting micro, small, and medium enterprises, encouraging private sector investment, broadening opportunities across the nation, and preparing Nigeria's youthful population for participation in the digital economy.

“

Beyond Reforms: Measuring Policy Impact

Ogiemudia also highlighted the NBA-SBL's contributions to Nigeria's business landscape. The Section has been involved in initiatives such as the Nigerian National Assembly Business Environment Roundtable, which influenced key legislation like the Companies and Allied Matters Act 2020, the Arbitration and Mediation Act 2023, and the Business Facilitation Act 2023.

Oludare Senbore, Chairman of the 2026 Conference Planning Committee, added that the conference aims to generate practical recommendations to bolster investor confidence and improve Nigeria's business climate. He described the gathering as an essential forum for stakeholders to evaluate existing reforms and collaboratively develop sustainable legal and regulatory frameworks designed to drive long-term economic growth.

“

whether such reforms are strengthening institutions, improving investor confidence and creating economic opportunities