TIJJANI ABUBAKAR, J.S.C. (Delivering the Lead Judgment): The dispute subject of this appeal tinges its origin to Suit No. FHC/ABJ/CS/28872018 commenced before the Federal High Court, Abuja Division, by the 1st and 2nd Respondents, wherein they sought, inter alia, the refund of the sums of USD 13,300,910 and USD 30,030,040 respectively from the Defendants, including the Appellant in this appeal.
Upon the application of the Defendants and pursuant to an arbitration clause contained in the governing agreements between the parties, the Federal High Court, per Nyako, J., with the concurrence of the parties, on the 11th day of December, 2019 referred the matter to arbitration. Consequently, a Sole Arbitrator was appointed, and arbitral proceedings were duly conducted, partly virtually and partly physically.
On the 2nd day of September 2021, the Arbitral Tribunal delivered a partial award on jurisdiction. Subsequently, on the 26th day of September 2022, the Tribunal rendered its Final Award. C…