The Senate, on Tuesday, passed a Bill to enact the Arbitration and Mediation Act to provide for a unified legal framework for the settlement of commercial
Also passed were other bills for concurrence from the House of Representatives by the chamber after a clause-by-clause consideration by the Committee of the Whole.
He disclosed that the piece of legislation recognizes and enforces the New York convention on foreign arbitration awards to any award made in Nigeria or any contracting state arising out of international commercial arbitration. The four bills for concurrence were passed by the Senate after a clause-by-clause consideration by the Committee of the Whole.
The bill seeks to enact the National Senior Secondary Education Act, 2022, to prescribe minimum standards for senior secondary education in Nigeria.
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