INDUSTRIAL ARBITRATION PATTERNS AND ORGANIZATIONAL HARMONY OF OIL AND GAS INDUSTRY IN PORT HARCOURT

Abstract

The purpose of the study was to determine the relationship between industrial arbitration patterns and organizational harmony of Oil and Gas Industry in Port Harcourt.  The study variables were reviewed and th study was anchored on The Equity Theory was propounded by Adam Smith in 1963   The study concluded that industrial arbitration patterns enhance industrial harmony of Oil and Gas firms in Rivers State. Perpetual improvements and adequate resolution of industrial conflict through the adoption of domestic, international and ad-hoc arbitration patterns bring about corresponding improvements in attaining a harmonious industry. Oil and Gas Firms who neglects the adoption of arbitration as a conflict resolution pattern, will experience epileptic performance as there may be absence of industrial peace and coexistence. The study recommended that Management of Oil and Gas firms should ensure right union representation while adopting a domestic arbitration pattern for healthy relationship among workers of the organization at all level. Management of Oil and Gas firms should ensure free arbitral proceedings that is characterized with absence of lobby.