Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has criticised the Federal High Court judgment ordering the deregistration of some political parties, warning that it could weaken public confidence in Nigeria’s democratic and legal institutions.
Obi said any action perceived to undermine judicial independence risks eroding trust in the system and discouraging investment in the country.
In a statement issued by his media office, the former Anambra State governor stressed that strong nations are built on institutions that operate independently and command public confidence, cautioning against allowing political considerations to overshadow democratic structures.
He argued that the development could further deepen public scepticism about the judiciary and the rule of law, noting that the credibility of institutions remains central to national stability and economic growth.
Obi recalled his earlier concerns during the controversy surrounding the removal of former Chief Justice of Nigeria, Justice Walter Onnoghen, saying the long-term impact of perceived institutional interference often extends far beyond immediate political gains.
According to him, while investors can accommodate security, policy, and market risks, they become hesitant when the rule of law appears uncertain or when the judiciary is seen as vulnerable to political influence.
“Strong economies are built on trust. Investors can manage security risks, policy risks and even market risks. What they fear most is uncertainty in the rule of law and a judiciary that is perceived to be vulnerable to political pressure.” He said.
