GIZ, institute train traders in commercial dispute resolution

The German Agency for International Corporation (GIZ), in partnership with the Institute of Chartered Mediators and Conciliators (ICMC), has trained market women in the federal capital territory on commercial conflict resolution. The training, according to GIZ, is targeted at improving the commercial trading environment, especially at markets. Speaking in Abuja yesterday, the chairperson of (ICMC) […]

The German Agency for International Corporation (GIZ), in partnership with the Institute of Chartered Mediators and Conciliators (ICMC), has trained market women in the federal capital territory on commercial conflict resolution.

The training, according to GIZ, is targeted at improving the commercial trading environment, especially at markets.

Speaking in Abuja yesterday, the chairperson of (ICMC) FCT branch, Mrs Rose Chikwendu, said the “Training is facilitating local economic development, strengthening selected value chains, fostering economic literacy and entrepreneurship competencies for start-ups and existing businesses, and improving the employment situation of traders.”

She further stated that in partnership with different organisations, the institute has been working in the focal states to improve the mechanisms for commercial dispute resolution geared towards an improved business environment and investment climate. 

She added that mediation becomes imperative in business environments, especially markets, to increase awareness on the alternative commercial dispute resolution channels available to traders.

Chikwendu said the institute intends to expand the training to different sectors of the economy so as to cover a broader population of Nigeria’s Micro, Small and Medium Enterprises.