Bilateral Investment Treaties in Nigeria: A Case for Critical Review

Bilateral Investment Treaties (BITs) represent the means by which commercial interest between States and foreign investors are regulated and determined under international law. BITs can be subsumed under the category of treaties as identified under Article 2 (1) (a) of the Vienna Convention on the Law of Treaties (VCLT), considering that they are international agreements,…

National Arbitration Policy: Critical Next Steps Following the P&ID Award | Olisa Agbakoba Legal

The need for a National Arbitration Policy comes on the back of the recent enforcement order relating to the sum of US$9, 000, 000, 000 (Nine Billion US Dollars) made against Nigeria by an English High Court, which was based upon an arbitration award secured by a company, Process and Industrial Developments Limited (P&ID), has…