UK Judgment: Osinbajo Meets Economic Team Over $9.6 Billion Debt - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
September 3, 2019
Vice President Yemi Osinbajo withmembers of the Economic Management Team, EMT met in Abuja to discuss the ninepoint six billion dollars judgment debt awarded against Nigeria, by a UnitedKingdom Court in respect of a failed gas deal with an Irish firm, Process andIndustrial Developments Limited, P&ID.
The Court in the ruling of August 16 orderedthe company to seize Nigerian assets of that value for alleged contractdefault.
It was leant that the FederalGovernment had dropped the idea of negotiating with the Irish organisation inregards of the ruling.
A presidency source confirmed thatthe meeting was for Osinbajo to receive an update from the government lawyerand plan the next line of action.
Meanwhile, the protesters, who tookto the British and Irish high commissions yesterday for reverse of thejudgment, have promised to occupy the buildings for one week.
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