Crime • Created September 26, 2019 15:37

BREAKING: P&ID Scandal:UK court rules Nigeria can appeal $9.6b judgment

The English Commercial Court has granted Nigeria’s application for leave to file an appeal against the award of $9.6billion to Process and Industrial Developments( P&ID). Another application for a stay of execution of the award is still in progress. P&ID secured the damages against Nigeria following a failed Gas Supply Project Agreement (GSPA) contract between […]

BREAKING: P&ID Scandal:UK court rules Nigeria can appeal $9.6b judgment

The English Commercial Court has granted Nigeria’s application for leave to file an appeal against the award of $9.6billion to Process and Industrial Developments( P&ID).

Another application for a stay of execution of the award is still in progress.

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.

A brief by the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami(SAN) from London said: “Application for leave to appeal against the award and enforcement of the award is granted.

“Application for stay of execution is being considered.”

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