The shipbuilding industry is open to foreign participation … Under the Merchant Shipping Act, a shipbuilder may exercise a lien or right of retention to secure claims for building or repairs of the ship … Arbitration is the commonly agreed mechanism for the resolution of dispute arising from a shipbuilding contract. See www.gettingthedealthrough.com
The commom law tort of negligence, which stems from the English case of Donghue v Stevenson (1932) AC 562, forms a part of the laws applicable in Nigeria that govern the safety requirement that a product must meet. …in Nigeria Bottling Company Limited v Ngonadi (1985) 1 NWLR (Part 4) 739 and Okwejiminor v Gbakeji…
Section 21 of the Arbitration Law of Lagos 2009 will entitle a court to make an interim measure prior to the commencement of arbitral proceedings where the court is satisfied that the applicant has a manifest intention to refer the matter to arbitration on the basis of a valid agreement to arbitrate.