By Daniel Emeribe
ABUJA â€” Labour andÂ Productivity Minister, Mr Adetokunbo Kayode, has charged the Board of Industrial Arbitration Panel (IAP) to play critical and pivotal role in trade dispute resolution in Nigeria for promotion ofÂ industrial harmony, economic stability and political stability.
He made this known while speaking at an inaugural ceremony held in Abuja for the reconstituted board of the IAP headed by Mr AdesojiÂ Adesugba.
The Minister said: â€œUnder the Act that established the IAP, provisions are made for the mediation, conciliation and arbitration of trade dispute.The Act had also created enabling provisions that make the panel independent, impartial, flexible, simple and functional.
“These provisions are aimed at facilitating the speedy resolution of labour disputes and promotion of the prevention, containment and social justice approach rather than pure legalistic and technical approach.
â€œIndustrial courts and tribunals are established in several countries because the conventional courts and system ofÂ law cannot adequately deal with contemporary labour relation issues speedily, since labour related matters require equitable and social justice approach rather than pure legalistic and technical approach.
“It needs no re-iterating. Therefore, labour related matters play a vital role in the development and growth of a nation,â€ he said.
According to him, “were there is no industrial harmony, no nation, no matter how endowed, would progress. Labour serves to harness resources and services for growth of a nation. This then explains the importance of industrial arbitration in labour and trade dispute resolution