'The Seat' Of Arbitration - Approach To Arbitral Proceedings

African countries not the least Nigeria, through both state entities and private companies, are finding themselves increasingly involved in international arbitration. And this is as it should be. With increasing attraction for investment and as the transaction landscape gathers, the dispute resolution industry grows proportionately.

At arbitration, an inherent and inevitable consequence of disputes with an international flavour is the interplay of relevant and applicable laws in the governing agreements, the arbitration agreements and the conduct of the proceedings. Nigerian courts have adopted a seat-driven approach to resolving the difficulties surrounding this interplay of laws in international arbitration.