Chartered Institute of Arbitrators, Nigeria branch will on July 7, launch her Micro, Small and Medium enterprises, SMEs scheme.
Speaking, the chairman of the institute, Mrs Doyin Rhodes-Vivour, in a statement, said the essence of the scheme is to provide alternate dispute resolution for business and corporate organisations in Nigeria.
“It will promote and facilitate dispute resolution mechanisms that present alternatives to litigations in court,” she said.
She explained that: “Those who have commercial disputes in the business environment will continue to enjoy the confidence of the institute in conflict resolution.”
Rhodes-Vivour said the formal launch of the organization will go a long way to make it well entrenched and also cause it to have the desired impact in the business community.
She said: “The scheme is expected to attract key players in corporate environment as well as government establishment.
“Chartered Institute of Arbitrators is a learned society founded in the United Kingdom in 1915, granted Royal Charter in 1979 and has gained international presence in at least 133 countries. The Nigeria Branch attained branch status in 1999. It has about 1,137 members.”