Abstract

Arbitration is considered as a cheaper, quicker and technicality-free alternative dispute resolution mechanism than litigation. This paper examines some aspects of the law and practice of commercial arbitration in Nigeria under the arbitration and conciliation act 1990. In particular, it examines the law and practice of commercial arbitration relating to arbitration agreements, appointment of arbitrators, conduct of arbitration, arbitration awards and the enforcement of awards. It also examines the multi-door courthouse concept which integrates alternative dispute resolution processes into the regular court system. It suggests that the various states in Nigeria should follow the initiative of Lagos state in providing multi-door courthouse facilities. This will enhance access to justice and minimize delays in judice delivery. Key words: Commercial arbitration, alternative dispute, law and practice.

Highlights

  • Disputes are inevitable in modern societies be they traditional, industrial or commercial

  • The high cost of litigation, the length of time required for conducting a lawsuit and the technical rules of procedure have given rise to a number of extrajudicial methods and procedures, which have come to be known as “alternative dispute resolution.”

  • This paper examines some aspects of the law and practice of commercial arbitration in Nigeria

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Summary

Gogo George Otuturu

This paper examines some aspects of the law and practice of commercial arbitration in Nigeria under the arbitration and conciliation act 1990 It examines the law and practice of commercial arbitration relating to arbitration agreements, appointment of arbitrators, conduct of arbitration, arbitration awards and the enforcement of awards. It examines the multidoor courthouse concept which integrates alternative dispute resolution processes into the regular court system. It suggests that the various states in Nigeria should follow the initiative of Lagos state in providing multi-door courthouse facilities.

INTRODUCTION
Nature of arbitration
Forms of commercial arbitration
Applicable law
The implication of the decision is that where there is a
Appointment of arbitrators
Conduct of arbitration
Arbitration awards
Enforcement of awards
Advantages Of arbitration
Disadvantages of arbitration
CONCLUSION AND SUGGESTIONS
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