Nigeria, March 10 -- Judicial interpretation of competition and consumer protection laws will play a crucial role in shaping market conduct, strengthening investor confidence and protecting consumers in Nigeria, regulators have said.

The Executive Vice-Chairman and Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), Tunji Bello, said clear and principled court decisions are essential to ensuring that businesses operate within fair and transparent market rules.

Mr Bello spoke on Tuesday in Abuja during the opening ceremony of a judicial training programme organised by the National Judicial Institute in collaboration with the FCCPC.

According to him, the development of strong legal precedents in...