Nigeria has taken a monumental step forward in its legal and economic landscape with the release of the National Policy on Arbitration and Alternative Dispute Resolution (ADR), 2024 (“the Policy”). The Policy in which our Arbitration Team Lead – Joseph Siyaidon served as Technical Consultant, was approved by the Federal Executive Council (FEC) on 15th July 2024. The Policy reflects the Nigerian Government’s commitment to creating a robust and supportive environment for arbitration and other forms of ADR; ensuring that the country’s legal framework aligns with international best practice thereby fostering a culture of dispute resolution that is fair, efficient, and effective.
NIGERIA’S NATIONAL POLICY ON ARBITRATION AND ADR 2024: A GAME-CHANGER FOR DISPUTE RESOLUTION
