Senior lawyers and the President of the National Industrial
Court, Hon. Justice Adejumo have emphasized on the importance of
Alternative Dispute Resolution in settling dispute.
They spoke in the Abuja chamber of commerce and Industry on
Tuesday, the 12th September, 2017 during the launching of her
subsidiary- Abuja Chamber of Commerce Dispute Resolution Centre
(ACCDRC).
The event was held at the Abuja Chamber of commerce and
industry, Abuja International Trade Fair Complex, Km 8, Airport
Road, Abuja.
Prince Adetokunbo Kayode, CON, SAN, FCIArb (UK), Board of
Chairman, ACCDRC, in his remarks spoke on the need of resolving
disputes through ADR mechanism, with special emphasis on trade and
commercial disputes which ultimately is the reason for setting up
the ACCDRC.
Chiarman of the occasion, the Chief Justice of Nigeria, Hon.
Justice Walter Nkanu Onnoghen, was represented by Hon. Justice
Adejumo.
He said that Arbitration is recognized all over the world and
people are quickly imbibing the precepts of Arbitration everywhere
in resolving disputes.
He further said that His Lordship, Hon. Justice Walter Nkanu
Onnoghen, is in firm support of Arbitration in Nigeria as a sound
means of solving disputes in Nigeria.
Hon. Justice Adejumo therefore enjoins members to make adequate
use of the Abuja Chamber of Commerce Dispute Resolution Centre and
enjoy the benefits to be derived from it.
Speaking further Justice Adejumo asserted that: “it is only the
National Industrial Court by virtue of the provision of the 1999
Constitution of FRN as Amended in Section 254C(3) has been
recognized to have an Arbitration Panel and that’s a plus for
it”.
A Senior Advovate of Nigeria (SAN) Chief Bayo Ojo, Chairman,
International Centre for Arbitration and Mediation, Abuja (ICAMA)
in highlighting the importance of ADR in resolving disputes also
said that “ADR is quite attractive from the normal and conventional
courtroom experience.”
To him: “it is an indispensable process for making social life
peaceful.”
Dispute resolution process resolves and checks conflicts which
enables persons and groups to maintain co-operation”, he noted.
However, the learned Silk stated that there are some drawbacks
on ADR. To him, ADR does not fit all the gaps. It can’t be used in
resolving certain disputes especially contentious issues like Land
disputes.
According to him: “ the informalities for Alternative Dispute
Resolution mechanism is much easier; it saves time, it is less
expensive, it involves parties participation, accuracy that has to
be arrived at/ and or achieved and many others”
He also presented the Rules of the ADRC which is the working
document for the center.
Mr.Tony Ejinkeonye, President, ACCI on the other hand briefly
highlighted some of the duties and functions of the center and
encouraged those present to become members of ACCI.
Some dignitaries also graced the occasion such as: Mr. Elachi
Agada, Past President of ICMC, Former Chairman, NBA Abuja Branch,
Chief Emeka Obegolu, President, ICMC, secretary and board member
ACCDRC, Vice president, ACCI, Dr. Billy Harry, Chairman, FOCCIMA
and Chief Bayo Ojo SAN, representing Attorney General of the
Federation, Hon. Abubakar Malami SAN, who was outside the shores of
Nigeria on an official duty.
Aisha Ado Abdullahi Esq (Director, ACCDRC) gave the vote of
thanks after which the facility was unveiled.
Photos Below
Senior lawyers and the President of the National Industrial
Court, Hon. Justice Adejumo have emphasized on the importance of
Alternative Dispute Resolution in settling dispute.
They spoke in the Abuja chamber of commerce and Industry on
Tuesday, the 12th September, 2017 during the launching of her
subsidiary- Abuja Chamber of Commerce Dispute Resolution Centre
(ACCDRC).
The event was held at the Abuja Chamber of commerce and
industry, Abuja International Trade Fair Complex, Km 8, Airport
Road, Abuja.
Prince Adetokunbo Kayode, CON, SAN, FCIArb (UK), Board of
Chairman, ACCDRC, in his remarks spoke on the need of resolving
disputes through ADR mechanism, with special emphasis on trade and
commercial disputes which ultimately is the reason for setting up
the ACCDRC.
Chiarman of the occasion, the Chief Justice of Nigeria, Hon.
Justice Walter Nkanu Onnoghen, was represented by Hon. Justice
Adejumo.
He said that Arbitration is recognized all over the world and
people are quickly imbibing the precepts of Arbitration everywhere
in resolving disputes.
He further said that His Lordship, Hon. Justice Walter Nkanu
Onnoghen, is in firm support of Arbitration in Nigeria as a sound
means of solving disputes in Nigeria.
Hon. Justice Adejumo therefore enjoins members to make adequate
use of the Abuja Chamber of Commerce Dispute Resolution Centre and
enjoy the benefits to be derived from it.
Speaking further Justice Adejumo asserted that: “it is only the
National Industrial Court by virtue of the provision of the 1999
Constitution of FRN as Amended in Section 254C(3) has been
recognized to have an Arbitration Panel and that’s a plus for
it”.
A Senior Advovate of Nigeria (SAN) Chief Bayo Ojo, Chairman,
International Centre for Arbitration and Mediation, Abuja (ICAMA)
in highlighting the importance of ADR in resolving disputes also
said that “ADR is quite attractive from the normal and conventional
courtroom experience.”
To him: “it is an indispensable process for making social life
peaceful.”
Dispute resolution process resolves and checks conflicts which
enables persons and groups to maintain co-operation”, he noted.
However, the learned Silk stated that there are some drawbacks
on ADR. To him, ADR does not fit all the gaps. It can’t be used in
resolving certain disputes especially contentious issues like Land
disputes.
According to him: “ the informalities for Alternative Dispute
Resolution mechanism is much easier; it saves time, it is less
expensive, it involves parties participation, accuracy that has to
be arrived at/ and or achieved and many others”
He also presented the Rules of the ADRC which is the working
document for the center.
Mr.Tony Ejinkeonye, President, ACCI on the other hand briefly
highlighted some of the duties and functions of the center and
encouraged those present to become members of ACCI.
Some dignitaries also graced the occasion such as: Mr. Elachi
Agada, Past President of ICMC, Former Chairman, NBA Abuja Branch,
Chief Emeka Obegolu, President, ICMC, secretary and board member
ACCDRC, Vice president, ACCI, Dr. Billy Harry, Chairman, FOCCIMA
and Chief Bayo Ojo SAN, representing Attorney General of the
Federation, Hon. Abubakar Malami SAN, who was outside the shores of
Nigeria on an official duty.
Aisha Ado Abdullahi Esq (Director, ACCDRC) gave the vote of
thanks after which the facility was unveiled.
Photos Below
Read more https://www.nairalaw.com/abuja-chamber-of-commerce-dispute-resolution-centre-launched/