CHALLENGES OF ALTERNATIVE DISPUTE RESOLUTION IN NIGERIA

Abstract

Alternate Dispute Resolution methods are gradually gaining strong footings in the resolution of disputes arising from corporate contracts within the Nigerian corporate space. While drafting commercial transactions, parties are at liberty to decide whether to include an arbitration clause to suffice as the first method to resort to in the event of a dispute in the course of executing such a contract. This inclination to resort to arbitration to resolve disputes within the Nigerian corporate space has kept litigation at bay in several incidents. The Alternate Dispute Resolution methods are still laced with peculiar features, which call for appropriate comprehension. In this monograph, we are going to look at the challenges facing Alternative Dispute Resolution in Nigeria.