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ACCI deputy president makes case for domestication of arbitration

ACCI deputy president makes case for domestication of arbitration

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Emeka Obegolu Esq, the Second Deputy President of Abuja Chamber of Commerce and Industry (ACCI), has called for the domestication of arbitration as a sure way to quickly ventilate on disputes.
Obegolu who is also the Chairman of ACCI Dispute Resolution Centre, emphasized this whole making his presentation on “ADR- The Abuja Chamber of Commerce Perspective” at the ongoing Federal Capital Territory Administration (FCTA) Legal Sectretariat Continuing Legal Education Programme 2018.

He discussed amongst others the importance of domesticating Arbitration and the role of the DRC in resolution of commercial disputes during which he pointed out that, with the interconnectivity and conduct of transactions across national boundaries it is expedient to ensure that such laws are domesticated in order to pave way for quicker resolutions.

He used the occasion to explain the mission and vision of the ACCI and called on the business community to make use of it in times of trade dispute.
He also talked on the need for lawyers to acquire skills in ADR because, in his explanation, it is the easier way to resolve disputes as well as access to justice.

He noted that it also helps in the preservation of relationships between disputants just as he recommended that lawyers should join the train by acquiring ADR skills so as to contribute their quota to overall economic growth of the country.

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