Former President Goodluck Jonathan has faulted the hearing of arbitrations for the contracts entered by the federal government with International organisations in the United Kingdom.
Mr Jonathan made case for the hosting of such arbitration sessions within Nigeria.
The former president advocated the position on Saturday in Yenagoa, the Bayelsa capital, during a launch of the book titled “Arbitration and Dispute Resolution in Nigeria”.
The News Agency of Nigeria (NAN) reports that the book is written by King Collins Daniel, the traditional ruler of Abureni kingdom, in Ogbia Local Government Area of the state.
He also charged the bodies responsible for arbitration or resolving disputes in the country to work hard to ensure arbitration for the government contracts are done in the country for proper understanding.
Mr Jonathan explained that resolving disputes outside the court room is short, less expensive and makes people more bound to the terms morally.
According to him: “Let me use this unique opportunity to charge the bodies in this country that are responsible for either arbitration or resolving issues to work hard to ensure that arbitrations are done in Nigeria.
“Because all the contracts the Nigeria government entered with international organisations, arbitrations are always done in the United Kingdom. Can’t we do some of these arbitrations in Nigeria?
“I don’t know why it must be the United Kingdom, why it must be outside Nigeria, I think we need to work hard, so that some of these things will be done here in Nigeria,” he said.
Credit: premiumtimesng.com
