• Monday, July 15, 2024
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BusinessDay

Our doors are open, ready for business, says Lagos Court of Arbitration president

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Alternative dispute resolution has received a boost with the Lagos Court of Arbitration (LCA) set to offer businesses with effective alternative and speedy resolution of matters that might arise in the course of business dealings.

Babajide Ogundipe, president of the LCA, stated the commitment of the LCA to promotion of alternative dispute resolution at the second edition of judges training in arbitration in Lagos State by the LCA in Epe, Lagos.

Ogundipe emphasised that “LCA provides support for the arbitration legislation in Lagos State by providing the route which people run to for arbitration and ultimately improve the investment climate in Lagos, in Nigeria and the West African sub-region. This it does by assisting commercial ventures to have them resolve their disputes with results in an efficient and cost effective manner”.

“What we are trying to do is to sensitise the legal and business communities. Let them know that we are here and hopefully from that position we will be able to generate a lot of case load and by performing well with whatever we get, we then develop more work and get people to bring their disputes to our institution so that we can help them get good results”, Ogunnipe said.