A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
… Why FG’ll not negotiate with P&ID —Malami By Ikechukwu Nnochiri Justice Cranston J. of UK court has ordered Process and Industrial Development, P&ID, to make payment of £1.5 million to cover the legal cost incurred by Nigeria, as part of successful application for extension of time to challenge the arbitration award and procedural hearing
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…Judge says Nig established fraud case against P&ID …As presidency welcomes judgement By Ikechukwu Nnochiri and Johnbosco Agbakwuru The Commercial Court of England, on Friday, granted the Federal Government of Nigeria leave to challenge the $9.6billion arbitrary award to Process and Industrial Developments Limited, P&ID, over a botched gas supply and processing agreement. The Attorney-General
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The Presidency has welcomed the judgment by the UK Court granting Nigeria’s application for an extension of time and relief from sanctions in a $10 billion arbitration case with Process and Industrious Development Limited (P&ID) in Nigeria. Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, made this position known
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By Ikechukwu Nnochiri The Commercial Court of England, on Friday, granted the Federal Government of Nigeria leave to challenge the $9.6billion arbitrarily award to Process and Industrial Developments Limited, P&ID, over a botched gas supply and processing agreement. The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, who made the disclosure
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By Ikechukwu Nnochiri – Abuja The Federal Government, on Friday, said it has succeeded in securing variation of the United Kingdom court order that previously mandated it to make cash payment of $200million as security, pending the determination of the appeal it lodged against Process and Industrial Developments Limited, P&ID. The Attorney General of the
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Soni Daniel – Abuja One week after securing the nod of the United Kingdom Commercial Court to appeal the $9.6 billion award earlier granted Process and Industrial Development Limited (P&ID), the Federal Government said on Wednesday the decision represents a major victory against the shadowy British Virgin Island firm. It would be recalled that apart
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Emmanuel Elebeke A United Kingdom Commercial Court on Thursday granted the Federal Government’s request to appeal a lower court’s judgment which granted the Process and Industrial Development Limited (P&ID ) the right to seize the nation’s assets worth $9.6 billion. A statement issued by the Minister of Information and Culture, Alh.aji Lai Mohammed said
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