International Chamber of Commerce Nigeria , Monday, called for institutionalisation of arbitration mechanism to boost the nation’s drive for foreign investors.
He said the global body, to which Nigeria became a member in 1979, and later re-organised in 1999, for the enhancement of trade and investment, seeks to encourage the use of arbitration in the resolution of disputes arising from trade and businesses. The theme for the conference, “Africa: Open for Business?” is expected to start with training on, “Drafting Enforceable Awards” on June 17, in Lagos.
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