The traditional method of settling dispute in Nigeria is litigation. However, the growth of the case list in the trial courts due to rapid economic and social development and the grossly inadequate facilities have resulted in an accumulation of cases in the court so much so that a case may remain in court unheard for years. All the litigant does in many cases is to go to court to have the case called and adjourned. If this state of affairs was tolerated in domestic disputes, it was clearly unacceptable in international business relationships.