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Relief as UK Court Quashes $11bn Judgement Debt against Nigeria

Relief as UK Court Quashes $11bn Judgement Debt against Nigeria
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Lagos stateCross river stateCross riverAbuja federal capital territoryUnited kingdomCity ofFederal republic of nigeriaAlex enumahAjuri ngelaleDeji elumoyeBola tinubuJohn knowlesLateef fagbemiJustice robin knowlesOlasupo shasoreAhmed tinubu

Relief as UK Court Quashes $11bn Judgement Debt against Nigeria

Cross riverCross river stateUnited kingdomLagos stateAbuja federal capital territoryCity ofFederal republic of nigeriaDeji elumoyeJohn knowlesMark orwell caseyAhmed tinubuAlex enumahAjuri ngelaleLateef fagbemiJustice robin knowlesOlasupo shasore

Nigeria wins $11bn debt case against P&ID

The Federal Government has won its case against Process & Industrial Developments (P&ID) Limited, which sought enforcement of $11 billion debt in its favour. The development comes after five years of intense legal battle. A UK court on Monday quashed the enforcement of the judgment on the grounds that it was fraudulently obtained. In a…

Cross river stateCross riverRobin knowlesAddax petroleumMinistry of petroleum resourcesIndustrial developmentsGas developmentFederal governmentUnited kingdomCommercial courtsPetroleum resourcesAccelerated gas developmentOdukpani local government areaGas processing facilities

Nigeria Wins $11bn Debt Case Against P&ID

Nigeria Wins $11bn Debt Case Against P&ID
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Cross river stateCross riverRobin knowlesIndustrial developmentsGas developmentMinistry of petroleum resourcesAddax petroleumFederal governmentUnited kingdomCommercial courtsPetroleum resourcesAccelerated gas developmentOdukpani local government areaGas processing facilities

UPDATED: Nigeria wins as UK court dismisses $11 billion P&ID suit

The UK court upheld Nigeria’s prayer on the ground that the ill-fated gas processing contract was obtained by fraud.

Cross riverUnited kingdomCity ofCross river stateMark howardJustice robert knowlesMinistry of petroleum resourcesAddax petroleumLondon high courtGas developmentIndustrial developmentsWest africanBritish virgin islands basedPetroleum resourcesAccelerated gas developmentOdukpani local government area