Applicability of the consent requirement of the Nigerian Land Use Act to the Asset Management Corporation of Nigeria Act

bibliographic database
Line

Periodical article

Title:	Applicability of the consent requirement of the Nigerian Land Use Act to the Asset Management Corporation of Nigeria Act
Authors:	Nwatu, Samuel I. Nwosu, Edith O.
Year:	2016
Periodical:	Journal of African Law (ISSN 1464-3731)
Volume:	60
Issue:	2
Pages:	173-189
Language:	English
Geographic term:	Nigeria
Subject:	land law
External link:	https://doi.org/10.1017/S0021855316000036
Abstract:	The Nigerian Land Use Act (LUA), which governs contemporary Nigerian land law, provides that any disposition of land must have the prior consent of the appropriate authority under the LUA. However, the Assets Management Corporation of Nigeria Act, which regulates the disposition of eligible bank assets, contains provisions that imply that the requisite consent under the LUA is not required for the disposition of an eligible bank asset consisting of land. This article interrogates the propriety of the provisions of the Assets Management Corporation of Nigeria Act in this regard and argues that, in view of the fact that the LUA is a statute with constitutional flavour by virtue of its entrenchment in the Nigerian Constitution, the LUA's provisions supersede the provisions of any conflicting law. Notes, ref., sum. [Journal abstract]