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Kaduna, Nigeria
Thursday, August 18, 2022
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Fraud Trial: UK Court Orders P&ID To Make Interim Payment Of...

The Federal Republic of Nigeria Thursday appeared in the English High Court for a scheduled hearing. The hearing followed...
P&ID: Court Grant Nigeria’s Request To Access Jonathan’s, Diezani’s Bank Records

P&ID: Court Grant Nigeria’s Request To Access Jonathan’s, Diezani’s Bank Records

A United States court has granted Nigeria permission to investigate bank transactions involving former President Goodluck Jonathan, his wife Patience, former...
$9.6bn Judgment: Federal Government Pays £250,000 Cost To P&ID

$9.6bn Judgment: Federal Government Pays £250,000 Cost To P&ID

The Federal Government has paid the two hundred and fifty thousand pounds to Process and Industrial Developments Limited, P&ID as ordered by Justice Christopher Butcher...

$9.6 Billion Judgement: Fear Grips Ex, Serving Officials As EFCC, NASS...

Several former and serving government officials now live in fear over possible indictment in the 9.6 billion dollars debt judgement obtained by the Irish...
Lai Mohammed, Minister Of Information And Culture

$9.6bn Judgment Debt: UK Court Stays Execution Against Nigeria

UK Commercial Court has granted Nigeria a stay of execution of the nine point six billion dollar judgment debt made against the country over...
A United Kingdom court has granted the Federal Government’s request to stay execution of the $9.6bn judgment it delivered in favour of Process and Industrial Developments in August this year. The order for stay of execution was conditional. In the ruling on Thursday, the court said that Nigeria must pay a sum of $200m into the court’s account within 60 days for the stay of execution to be effective. P&ID secured the damages against Nigeria following a failed Gas Supply Project Agreement (GSPA) contract between it and the Federal Ministry of Petroleum Resources. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami in a brief from London said, “Application for leave to appeal against the award and enforcement of the award is granted”.

P&ID: UK Court Grants FG Leave To Appeal $9.6bn Judgment

A United Kingdom court has granted the Federal Government’s request to stay execution of the $9.6bn judgment it delivered in favour of...

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