MAAN, NCS Seek Arbitration Role in Local Content Act

09 Nov 2012

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Territorial waters

In a bid to ensure that arbitration plays its role in the implementation of the Local Content Act, the Maritime Arbitrators Association of Nigeria (MAAN) has concluded plans to organise a workshop on alternative dispute resolution (ADR) in the country.

The one-day workshop tagged 'The Nigerian Oil & Gas Industry Content Development Act 2010 and its implication on Alternative Dispute Resolution in the Maritime Industry' would be organised in collaboration with Nigerian Chamber Shipping (NCS).

Scheduled to take place on November 29, in Ikoyi, Lagos, the workshop is expected to attract stakeholders in the maritime sector of the economy as well as the oil and gas industry.
A statement issued by MAAN in Lagos said the workshop would provide an opportunity for participants interested in acquiring knowledge of arbitration and ADR, particularly in the highly specialised area of maritime law and practice in relation to the oil and gas sector.

“At the end of the workshop, participants should be more knowledgeable about key provisions in the Nigerian Content Development Act relating to Nigerian content development in the oil and gas, maritime, shipping and indigenous service industries in Nigeria; dispute resolution and arbitration clauses in oil and gas and maritime contracts, and the appointment of dispute resolvers and arbitrators in the maritime and shipping industry, jurisdiction and exercise of powers; common pitfalls to avoid in appointing dispute resolvers and arbitrators; and the positive impact of the appointment of suitable persons on the cost and outcome of arbitration and ADR processes”, it said.

According to the statement, topics to be discussed at the workshop include the Nigerian Oil and Gas Industry Content Development Act 2010 and its implication on Alternative Dispute Resolution in the Maritime Industry.

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