Nigeria Eyes Global Arbitration Spotlight as Stakeholders Back Ambitious Push

 By Kehinde Awosina 




Legal experts, business leaders, judges, and arbitration practitioners have thrown their weight behind Nigeria’s bid to emerge as a leading global centre for international arbitration and alternative dispute resolution (ADR), citing the country's growing expertise, legal reforms, and strategic position in Africa.

The endorsement came ahead of the 10th International Chamber of Commerce (ICC) Africa Conference on International Arbitration and ADR, hosted in Lagos and attended by participants from more than 30 countries across Africa, Europe, Asia, and the Middle East. The conference is focused on strengthening Africa’s role in resolving cross-border commercial and investment disputes.

Speaking at the event, legal stakeholders noted that Africa has historically been sidelined in the resolution of disputes arising from investments and business activities conducted on the continent, with many cases handled in foreign arbitration centres such as London, Paris, and Singapore. They argued that Nigeria possesses the legal capacity, professional expertise, and institutional framework required to host and determine such disputes locally.

Chairman of ICC Nigeria, Prof. Dorothy Ufot (SAN), said Nigeria’s successful hosting of multiple editions of the ICC Africa Conference reflects growing international confidence in the country's arbitration ecosystem. She added that African arbitrators are increasingly being appointed to handle high-profile international disputes, a development she described as a major milestone for the continent.

Stakeholders also highlighted recent reforms, including the Arbitration and Mediation Act 2023 and the National Policy on Arbitration and ADR, which are designed to modernise dispute resolution processes, strengthen arbitration institutions, and position Nigeria as an attractive destination for domestic and international commercial arbitration.

They stressed that a thriving arbitration sector would not only reduce dependence on foreign jurisdictions but also attract investment, create economic opportunities, and enhance Nigeria’s reputation as a business-friendly destination. According to participants, resolving disputes efficiently and fairly remains a critical factor in boosting investor confidence and supporting economic growth.

As discussions continue, stakeholders expressed optimism that sustained reforms, judicial support, and stronger institutions will enable Nigeria to compete with established global arbitration centres and become a preferred venue for dispute resolution in Africa and beyond.



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