The Micro, Small and Medium Enterprises (MSME) Arbitration Scheme was launched by the Chartered Institute of Arbitrators Nigeria Branch in 2017.
The Scheme was developed to promote and facilitate access of Micro, Small and Medium Enterprises (MSME) to cost effective arbitration for resolution of commercial disputes. The scheme is intended to provide simple, cost effective and timely resolution of disputes by the final, legally binding decision of an arbitrator within stipulated strict timelines
The scheme is in line with the Institute’s commitment to providing access to alternative means of dispute resolution to a wider category of business owners with reduced costs and quick timelines.