Disputes are an inevitable part of life. From personal
relationships to business relationships, disputes are bound to
arise. Over the years, different modes of dispute resolution have
been introduced. The modes of dispute resolution can be broadly
categorized in two, vis; traditional dispute resolution and
alternative dispute resolution. The traditional dispute resolution
system is Litigation. However, an Alternative Dispute Resolution
became expedient. Alternative Dispute Resolution ("ADR")
refers to any method of resolving disputes without litigation. ADR
methods include the following: mediation, arbitration,
conciliation, negotiation, etc.
Nigeria, like other jurisdictions, has a legal framework for
ADR. Arbitration and conciliation were formerly regulated by the
Arbitration and Conciliation Act, 1988 (ACA). In a bid to provide a
unified legal framework for the fair and efficient settlement of
commercial disputes by arbitration and mediation by setting
