Except expressly stated, all transactions shall be subject to and construed in accordance with the laws of the Republic of Nigeria. Therefore, all claims and disputes shall be resolved as follows:
All disputes from the implementation of this agreement or related to this agreement shall be resolved through friendly consultation between both Parties.
In case no resolution can be reached within thirty (30) days after a Party makes a request for resolution, the Parties shall thereafter request for and submit any and all disputes arising under this Agreement (Arbitrable Claims) to Arbitration in accordance with the laws of the Federal Republic of Nigeria. The Arbitral Tribunal shall consist of a sole arbitrator who shall determine any dispute submitted to Arbitration. The place of arbitration shall be in Nigeria. The language to be used in the arbitral proceedings shall be English and the award shall be final and binding upon the parties and shall be the exclusive remedy for all Arbitral Claims. The award shall be enforceable in any court of competent jurisdiction and the fees of the arbitrator shall be split between both parties equally. The parties agree that this paragraph shall survive the termination of the Agreement.
Any part of the terms and condition that is invalid, unenforceable or illegal shall be enforced as nearly as possible in accordance with its terms but shall otherwise be deemed severed and shall not affect the enforceability of any other part of the terms and condition, which shall continue to be valid and enforceable to the fullest extent permitted by law.
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