So, by now most of us must have heard about the P&ID case that prompted the government to raise a legal team and go all the way to London to fight a legal case of juggernaut proportion.
Here, I am going to look at the matter from the …
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Legal documents are being prepared by the federal government, to enable it confiscate assets of Process and Industrial Developments Limited (P&ID) in Nigeria.
The development was made public by the minister of information and culture, Lai Mohammed, when he appeared...
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The federal government has paid the sum of £250,000 to Process and Industrial Developments Limited (P&ID) as running cost, following an order of the Commercial Court in London last month.
Justice Christopher Butcher gave the order on September 26 with a 14-day ultimatum to the Nigerian...
The President Muhammadu Buhari led federal government has reacted to the latest ruling of the UK Commercial Court over the controversial Process and Industrial Developments (P&ID) deal.
P&ID had secured damages against Nigeria following a failed Gas Supply Project Agreement (GSPA) contract...
President Muhammadu Buhari on Tuesday, September 24, 2019 in New York alerted World Leaders on attempts by international criminal groups to cheat Nigeria of billions.
The alarm was raised during the presentation of the his National Statement as the fifth speaker on the first day of …
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LONDON (Reuters) – Nigeria’s government will do “whatever it takes” to protect its economy from a more than $9 billion arbitration claim over a failed gas project, policy makers said, but the government will not rule out a settlement with a firm registered in the British …
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Justice Minister, Mr Abubakar Malami; the Inspector-General of Police, Mohammed Adamu, and the Governor of Central Bank of Nigeria, Godwin Emefiele, on Saturday led a delegation to the United Kingdom for the epic legal battle with a British firm, Process and Industrial Developments Ltd on...
A fact-sheet now in circulation has debunked accusations by Messrs Process and Industrial Developments (P&ID) that Nigerian officials were indifferent to their offers to settle, before a UK commercial court gave it a humongous and world record $9.6billion award....
Read more via P.M. News –...
The Irish company, P&ID trying to make Nigeria poorer with a charge of $9b billion on national assets said the country should hold the Attorney General, Abubakar Malami responsible.
It blamed Malami’s inaction and dilly dallying for the turn of events and not past governments, noting …
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