Assessing The Role Of Courts In Advancing Alternative Dispute Resolution In Nigeria

On account of our colonial experience, the courts have been the main forum for the resolution of disputes in Nigeria. However, due to the exigencies of commercial transactions and the challenges of litigation including but not limited to cost, unnecessary technicalities, delays in court proceedings and court congestion, parties to disputes are increasingly resorting to…

Arbitral Awards As Sovereign Debt Risks: Impact of P&ID and EURAFIC Cases

Arbitral Awards As Sovereign Debt Risks: Impact of P&ID and EURAFIC Cases Background Deriving from the sovereignty principle, sovereign debt literary refers to how much a country’s government owes. Often times the primary source is through outside borrowing hence it can be defined as national or government debt because the word “sovereign” connotes national government.…

A National Policy on Arbitration in Nigeria | Olisa Agbakoba Legal

A National Policy on Arbitration in Nigeria – A publication of the Arbitration and Dispute Resolution Practice Group of Olisa Agbakoba Legal I.  INTRODUCTION Nigeria generates a significant volume of commercial transactions, both domestic and international with about 80 percent of these transactions originating and or terminating in Nigeria especially Lagos, Port Harcourt, Kano, etc.…