The Federal High Court in PS Offshore Nigeria Ltd v. Miden Systems Nigeria Ltd & Anor. held that foreign arbitral awards arising from maritime contracts with a Nigerian connection are unenforceable because the underlying arbitration clause is void under Section 20 of the Admiralty Jurisdiction Act (AJA).
While the decision serves as a caution to parties opting for foreign-seated arbitration in Nigerian maritime transactions, it also raises important questions about its consistency with other provisions of the AJA and the pro-arbitration stance of the Supreme Court.
Read our full analysis of the decision and its broader implications.
