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ARTICLE · 01 MARCH 2024

The Arbitration Desk: The Arbitration And Mediation Act—Does It Go Far Enough?

On May 26, 2023, the Nigerian arbitration community felt profound relief when the former President Muhammadu Buhari passed the Arbitration

NigeriaLitigation, Mediation & Arbitration

On May 26, 2023, the Nigerian arbitration community felt profound relief when the former President Muhammadu Buhari passed the Arbitration and Mediation Act. This laudable event has marked a tremendous step in the 17-year struggle to revamp the laws governing alternative dispute resolution in Nigeria.

As laudable as the Act's potential passage is, the new provisions still leave some lacunae, which, if addressed, could propel Nigeria into the spotlight as a renowned seat for international arbitration. In this short piece, we will discuss two major issues plaguing arbitration in Nigeria: the delay in enforcing awards and the need for specialist judges to deal with applications concerning arbitral awards.

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