P&ID: UK court orders release of $200m guarantee to Nigeria
A London court on Tuesday ordered the release of the $200m guarantee put in place as security for the stay of execution granted Nigeria for the appeal filed against the…
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P&ID
Table turns, as British court orders P&ID to pay £1.5m costs to Nigeria
A British court on Thursday ordered the British Virgin Islands firm, Process and Industrial Development, to pay £1.5m to Nigeria within 21 days.
The order was sequel to Nigeria’s…
$10bn P&ID: British Court judgment, a welcome relief says Presidency
The Presidency has described as a welcome relief, Friday’s judgment of a British court granting Nigeria’s application for an extension of time and relief from sanctions in…
Relief as British Court grants Nigeria more time to appeal P&ID $9.6bn judgment
Nigeria heaved a sigh of relief on Friday as a British court granted her application for an extension of time to appeal against the $9.6bn arbitral award delivered in…
P&ID $9.6B saga, product of corruption, fraud, violation of rules says Malami
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), said on Thursday that the whole saga associated with P&ID contract in which a $9.6bn…