Doing It Right: A Rule Of Law Critique Of Privatization Methodology In Nigeria

Abstract

This article undertakes a rule of law critique of privatization as economic
reform policy in Nigeria. The rule of law approach interrogates not just the
policy rationales of the programme but also its methodology. The article
distinguishes between a formal and substantive justice conception of rule of
law and argues that the substantive justice conception of rule of law and its
policy imperatives, sourced from the Fundamental Objectives and Directive
Principles of State Policy in Chapter 2 of the 1999 Constitution, provides a
veritable framework to realize the strategic goals of privatization in Nigeria.