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IMPLICATIONS OF THE ARBITRATION AND MEDIATION BILL ON SETTING ASIDE AN ARBITRAL AWARD

The Arbitration and Mediation Bill, 2022 (HB. 91) (the “Bill”) went through third reading and passage by the Senate on 10th May 20221 and is currently awaiting presidential assent. The Bill which seeks to repeal the Arbitration and Conciliation Act, 1988 (the “ACA”), proposes fundamental changes to the conduct of arbitration and enforcement of an arbitral award.

FCCPA: SHOULD WE LITIGATE ON WHERE TO LITIGATE?

The Federal Competition and Consumer Protection Act, 2018 (“FCCPA” or the “Act”) was enacted with the objects of promoting and maintaining competition in the Nigerian economy, protecting and promoting the interests and welfare of consumers and prohibiting restrictive trade and business practices which hamper competition.1 To realize these objects, the Act vests the Federal

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