Vol. 3, Issue 6 (2017)
Resolution of disputes in co-operative societies
Author(s): Dr. ET Yebisi
Abstract: An indisputable fact of life is the potential existence of conflict or disputes in any human organization. Co-operative societies are not exempted. This paper did not dispute this fact, but focused on the mechanism for the rapid and economic settlement of disputes, when and if they arise in a co-operative society, by exploring the legal framework for resolution of these disputes, using extant laws in Nigeria as road map. The paper noted that arbitration is compulsory under Nigerian law and the Director of Co-operatives is made the dominant person in the resolution process. The paper acknowledged the advantages of arbitration over the court process, but suggested the encouragement of some symbiotic relationship between the court and arbitration. The paper also suggested that the extant law can be improved upon to accommodate traditional mediation process especially in largely rural communities and possibly a co-operative disputes tribunal to be manned by specialist personnel working on full-time basis.