Nigeria has secured a major victory as the Process and Industrial Development (P&ID) lost its final appeal in an eleven-billion-dollar arbitration case. The case revolves around a failed gas processing project, and the recent ruling marks the conclusion of a protracted legal battle.
The London...
On Monday, Judge Robin Knowles of the Business and Property Court in London delivered a landmark victory to the Federal Government of Nigeria, nullifying a $9.6 billion arbitral award made in 2017 in favor of the Process & Industry Development (P&ID) Limited. Attorney General of the Federation...
In a significant legal development, the Business and Property Court in London ruled in favor of Nigeria, bringing an end to the $11 billion lawsuit filed by Process & Industrial Developments (P&ID) Ltd against the federal government of Nigeria. The judgment was delivered by Judge Robin Knowles...
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