In this article, TEMPLARS Partner and Head of Dispute Resolution, Adewale Atake, SAN, and Associate, Konyinsola Osipitan, explore the introduction of Award Review Tribunals (ARTs) under Nigeria’s Arbitration and Mediation Act 2023.
ARTs represent a significant evolution in Nigeria’s arbitration landscape, offering a more efficient and streamlined alternative to traditional court challenges. By improving the enforceability of arbitral awards and aligning with international standards, ARTs enhance dispute resolution and position Nigeria as a leading destination for global arbitration.