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Section 87 Nigerian Arbitration and Mediation Act 2023

Section 87 Arbitration and Mediation Act

Section 87 Arbitration and Mediation Act 2023 is about Application of the convention on international settlement agreements resulting from mediation. It is under Part II (Mediation) of the Act.

Without prejudice to sections 81 and 83 of this Act, where the enforcement of an international settlement agreement made in a State other than the Federal Republic of Nigeria is sought, the Convention on International Settlement Agreements Resulting Mediation (‘the Singapore Convention applies to that international settlement agreement, provided that the –

(a) State is a party to the Singapore Convention; and
(b) difference arises out of a legal relationship, whether contractual or, it is not, considered commercial under the laws of Nigeria.

See also  Section 13 Nigeria Startup Act 2022

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