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International Arbitration Practices in Nigeria: A Construction Industry Appraisal

Type de ressource
Auteurs/contributeurs
Titre
International Arbitration Practices in Nigeria: A Construction Industry Appraisal
Résumé
This paper aims to investigate Corporate Alternative Conflict Management and Dispute Resolution compliance through an appraisal of International Arbitration practices in Project-based Organizations in the Nigerian Construction Industry. In this study, simple percentages and frequencies of occurrence were used to analyse data derived through subject matter interviews and a questionnaire survey. Using the Survey Monkey tool, 85 questionnaires were distributed to key players in the AEC (Architecture-Engineering-Construction) Industry including Engineers, Project Managers, Architects and Quantity Surveyors and 53 were returned complete. The survey indicated that 66% preferred a more private Construction Arbitration to a public Litigation as a preferred method of dispute resolution, with 65% agreeing that a lack of proper project funding hinders the arbitration process in the Nigerian Construction Industry. 66% agree that Arbitration Time contributes more to project delays while 32% believe that Cost of the arbitration process is the greater source of project delays. We recommend that issues of confidentiality be carefully managed in dealing with outside counsels, while Project-based Organisations in Nigeria should ensure to develop master plans compatible with long-term strategies, including setting aside adequate funding for the timely resolution of project disputes through the implementation of only Arbitration-friendly contracts. This paper contributes to knowledge by bringing to bear the current compliance levels of project-based organisations in the practice of Arbitration in the Nigerian Construction Industry.
Publication
World Journal of Innovative Research
Volume
5
Numéro
1
Pages
262476
Date
2018/07
Abrév. de revue
WJIR
Langue
EN
ISSN
2456-8236
Titre abrégé
International Arbitration Practices in Nigeria
Catalogue de bibl.
Autorisations
(c) World Journal of Innovative Research, 2018
Extra
Publisher: Nextgen Research Publication https://www.neliti.com/publications/262476/
Référence
Ewa, O. O., Haytham, B., Okon, E. E., Enang, O. P., & Emiri, D. A. (2018). International Arbitration Practices in Nigeria: A Construction Industry Appraisal. World Journal of Innovative Research, 5(1), 262476. https://media.neliti.com/media/publications/262476-international-arbitration-practices-in-n-16555a6f.pdf