Description
Arbitral awards represent final, binding decisions crafted by tribunals to settle disputes. This book delves into their significance within the Nigerian legal framework, exploring award varieties (including partial, interim, consent, default, and final), crucial components (such as party identification, dispute synopses, tribunal rationale, and relief outcomes), and their enforceability under the Arbitration and Conciliation Act and the New York Convention. It analyzes the grounds for denying enforcement and the court procedures in Nigeria, while spotlighting challenges like clarity, compliance, and post-award administration. The narrative also advocates for optimal award impact through consistent adherence to protocols, seeking expert counsel, and an active alignment with arbitration legislation. Ultimately, the book emphasizes the necessity of a robust and enforceable arbitral award system to bolster trust in arbitration, attract international investments, and bolster the rule of law in Nigeria. Sachia Victor Gwajime is affiliated with the Nigerian Army University, Biu, Nigeria. Soho Aondowase Felix is a covers judiciary and he is a product of Benue State University, Makurdi, Nigeria. Asongu Linus Aondosoo is a legal luminary who works as an independent counsel and human activist in Nigeria.
