An Appraisal of Investment Dispute Arbitration Practice and the Development of International Commercial Transactions in Nigeria
Abstract:This research elucidates the concept of international arbitration, and investment disputes which have become contemporary issues in the settlement of emerging conflicts resulting from the application of bilateral investment treaties and other investment laws. Contemporary international practice and procedure has shown that foreign investment protection is better regulated and enhanced through arbitrations and bilateral investment treaties. An appraisal of the Nigerian legal system in this regard has extensively stimulated this research in appreciating the legal control of arbitration and bilateral investment agreements. This research is aimed at deepening the practice and procedure these concepts have brought to bear in international commercial transactions with as or local point.