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The Importance of Law (Legal Back Up) to an Individual, Organization and Economy of a Country at Large

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The Importance of Law (Legal Back Up) to an Individual, Organization and Economy of a Country at Large
LEADERSHIP TRAINING AND CAREER DEVELOPMENT PROGRAME

TOPIC
THE IMPORTANCE OF LAW (LEGAL BACK UP) TO AN INDIVIDUAL, ORGANIZATION AND ECONOMY
OF A COUNTRY AT LARGE

VENUE
KING IS COMING AREA HEAD QARTERS, REDEMPTION CAMP, KM 46, LAGOS/IBADAN EXPRESS WAY,
OGUN STATE

DATE: SATURDAY 24 SEPT 2011
COURTESIES
I wish to express my gratitude to the WORLD LEADERSHIP INSTITUTE, the organizers of this programme for giving me the privilege and opportunity to discuss the above named topic. It is often said that there is no better test of the excellence of a government than the efficiency of its leaders, hence this programme; Leadership Training and Career Development is relevant in this period of the political dispensation of our country, Nigeria.

I am indebted to the Almighty God who has laid it upon your hearts as youths to know the importance of good leadership. One of the major problems and serious hindrances to actualising our potentials as developing countries is bad leadership. A nation cannot rise or grow beyond the level of its leadership .Thus nations that have bad leaders are often seen to be grossly underdeveloped.

The importance of law as a regulating instrument in the lives of an individual, organization and the economy of a country at large can not be over emphasised. The Almighty God himself recognises the importance of law in the regulation of human life for optimal performance when he said in Genesis chapter 2 verse 17 that “…of the tree of the knowledge of good and evil, thou shall not eat of it;

And the sanctions for breaching such a rule was pronounced in the same Genesis chapter 2 verse 17(b) where the Lord said, “ for in the day that thou eatest thereof; thou shall surely die.”

THE QUESTION THAT THEN ARISES IS WHAT IS LAW?
In the simplest form, law is a set of rules by which a society is governed. It is a body of rules to guide human action. And according to Wilson (a legal exponent) it is that portion of the established thought

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