Applicable requirements as to form of arbitral awards
- Must an award take any particular
form (eg, in writing, signed, dated, place, the need for reasons,
delivery)?
The primary legislation applicable to arbitration is the
Arbitration and Conciliation Act, Chapter A18, Laws of the
Federation of Nigeria 2004 (ACA). Section 26 of the
ACA states that an arbitral award shall be in writing and signed by
the arbitrator or arbitrators, and that if the arbitral tribunal
comprises of more than one arbitrator, the signatures
of a majority of the members of the
arbitral tribunal shall suffice providedthe reason for the
absence of any signature is stated.
Furthermore, the award shall state the reasons upon which its
conclusions are based unless the parties have agreed that no
reasons are to be given or the award is on agreed terms under
section 25 of the ACA (consent award). The award shall also
state the date on which it was made and the place of
arbitration.
