The Rivers State governor, Nyesom Wike has inaugurated the State’s multi-door court-house that will offer alternative resolution to litigations bothering on trade deals and social relationships.
The inauguration event held on Thursday at the Rivers State High Court Complex in Port Harcourt.
Governor Wike said establishment of the multi-door courthouse is a further demonstration of his administration’s commitment to putting in place a comprehensive judicial system that would serve the dispute resolution needs of businesses and investments in the State, as well as parties from other States that may be willing to submit to its jurisdiction.
The governor maintained that the multi-door courthouse system will further expand the doors and frontiers of effective justice delivery to the people with players in the business and investment community as the greatest beneficiaries.
“Rivers State cannot but join the expanding jurisdictions across the world where the multi-door courthouse system is becoming part of the dominant alternative to litigation and arbitration in the resolution of commercial disputes, including, even relationship conflicts.
Governor Wike explained that the commitment of his administration to sustain the ongoing infrastructural transformation of the State has continued to attract more trade deals and investments into the State, while some existing companies are expanding their operations.
According to Wike, expansion in business operations has naturally and inevitably, caused an increase in commercial and investment disputes that would require speedy, cost effective and mutually mediated and accepted resolutions in the State.
“This is more so, when businesses cannot continue to burden their book balances with huge litigation costs in the midst of declining revenues and profit margins occasioned by the downturns in our national economy
Wike said there is therefore the need to sensitize the business community about multi-door-courthouse and what they stand to gain from its services.