- The Complete Research Material is averagely 61 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
ABSTRACT
Nigeria is in a continuous quest to attract foreign direct investment (FDI) in order to support
and sustain a decent economic growth. These foreign investors being invited are as much
interested in the methods available for dispute resolution as they are in every available
guarantee on their investments. This dissertation appraises the recognition and enforcement
of the International Centre for the Settlement of Investment Disputes (ICSID) Arbitral
Awards in Nigeria. The dissertation has the ultimate aim of proposing ways through which
Nigeria can re-affirm its commitment to ICSID, as well as foreign investors. The research
adopts doctrinal methodology depending on both local and foreign literature on ICSID
jurisprudence. The importance of recognition and enforcement comes from the fact that
arbitration is considered to be of no value if its award is not enforceable. Bearing this in
mind, the work argues that the more recognition and enforcement of arbitral awards are
observed with minimal procedural delay, the more the confidence of parties‘ increases. The
dissertation examines the Centre from inception, to Nigeria‘s accession to the ICSID
Convention, and the extent of commitment demonstrated so far. The research observed that
arbitration under the ICSID is bedevilled by certain controversies resulting from conflicts of
interest between the developed and the developing states as evidenced by the denunciation of
the ICSID Convention by Bolivia, Ecuador and Venezuela. The analysis revealed the little
consequences this has on the commitments of other states to the Convention. Disregarding
these issues may be ultimately fatal to the future of the Centre and the commitment of other
members, particularly from developing countries. Therefore, the need to embark on specific
structural, procedural and functional reforms to give the developing nations more roles to
play in running the centre is in emphasis. The dissertation revealed that the review
mechanism of the Centre is inadequate, as annulment does not amount to appeal, thereby
making it impossible to correct functional errors made by the tribunals. Leading to discontent
and leaving the aggrieved parties with limited options; in the end lead to denunciation.
Hence, there is the need to develop a system of appeal in order for parties to have recourse to
a review mechanism in the light of the inconsistent decisions rendered by ICSID Tribunal. As
the work further examines, arbitration under the ICSID is very expensive and complex.
Parties are burdened with tribunal costs, professional and counsel fees, transportation, and so
many other unforeseen costs. This is why the ICSID Schedule of Fees has to be reviewed to
make tribunal charges proportionate to the amount involved in the claim. ICSID tribunals can
also take advantage of the virtual world in filing of cases and exchange of pleadings. The
work also bares a fundamental problem, that is, the inability of Nigeria to make rules of
enforcement as prescribed by section 2 of ICSID (Enforcement of Awards) in order to give
effect to the provisions of the Act. Nigeria must re-affirm its commitment to ICSID and the
international investor-community, Nigeria must therefore, endeavour to make rules for the
enforcement of ICSID award pursuant to section 2 of ICSID (Enforcement of Awards) Act.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR LAW FINAL YEAR PROJECT RESEARCH TOPICS
-
1. CRITICAL APPRAISAL ON OPINION EVIDENCE
» CHAPTER ONE GENERAL INTRODUCTION 1.0.0 INTRODUCTION According to Professor Cross, “Evidence is the testimony hearsay, documents, things and facts wh...Continue Reading »Item Type & Format: Project Material - Ms Word | 53 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
2. CONVENTIONAL AND ISLAMIC MORTGAGE FINANCING: A LEGAL COMPARISON
» ABSTRACT Home ownership has been a problem to many people in Nigeria. This is the more reason why efforts are being made from all quarters to alleviat...Continue Reading »Item Type & Format: Project Material - Ms Word | 92 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
3. EXAMINATION OF THE FUNCTIONS OF PARALEGALS UNDER THE NIGERIAN LEGAL SYSTEM
» ABSTRACT The concept of paralegal though not a new one in developed region, it is a novel one within Africa particularly in Nigeria. They are legal ad...Continue Reading »Item Type & Format: Project Material - Ms Word | 106 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
4. IMPACT OF LAW
» CHAPTER ONE GENERAL INTRODUCTION 1.1 BACKGROUND OF STUDY The rule of law is the most important concept in public law and indeed, in every democratic s...Continue Reading »Item Type & Format: Project Material - Ms Word | 42 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
5. A COMPARATIVE ANALYSIS ON THE CONCEPT OF FREEDOM OF RELIGION UNDER THE SHARI‘AH AND INTERNATIONAL LAW
» ABSTRACT This study analyzes the compatibility of Shariah with International Law on freedom of religion. As a subject of colossal complexity and varia...Continue Reading »Item Type & Format: Project Material - Ms Word | 57 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
6. AN APPRAISAL OF HUMAN RIGHT TO THE FREEDOM OF THE PRESS
» ABSTRACT This study examines the role of the media in promoting human rights. Central to the study is an effort to find out why the media decide to in...Continue Reading »Item Type & Format: Project Material - Ms Word | 83 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
7. PROTECTION OF WOMEN AGAINST DISCRIMINATORY LAWS, POLICIES AND PRACTICES IN NIGERIA: AN APPRAISAL
» ABSTRACT Human rights are rights that have come to be guaranteed over time, to all men and women, irrespective of race or creed. These rights extend t...Continue Reading »Item Type & Format: Project Material - Ms Word | 91 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
8. PROTECTION AND REDRESS FOR THE VICTIMS OF INTERNATIONAL CRIMES: AN APPRAISAL OF THE ROLE AND OPERATIONS OF THE INTERNATIONAL CRIMINAL COURT
» ABSTRACT The deplorable condition in which Victims of International Crimes are faced with has been a major concern to the ICC. Hence, in its preamble ...Continue Reading »Item Type & Format: Project Material - Ms Word | 141 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
9. A CRITICAL APPRAISAL OF LEGITIMACY AND LEGITIMIZATION UNDER NIGERIAN FAMILY LAW
» ABSTRACT This long essay is concerned with the concept of legitimacy, which is an important concept, as it determines the status of a child in relatio...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
10. THE POLICE PROSECUTION POWER AND THE POWER OF THE AG UNDER THE 1999 CONSTITUTION
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Before the advent of the British and the introduction of colonial rule in the geographical areas ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT