The Business and Property Court in London on Monday halted the enforcement of the $11bn arbitration award in favour of P&ID against Nigeria.
Olasupo Shasore, a former Lagos attorney-general and commissioner of justice, has been cleared of corruption allegations in the Process and Industrial ...
Justice Robin Knowles of the Commercial Courts of England and Wales has ruled in favour of Nigeria in the enforcement of a $11bn Process & Industrial ...
The Federal Government of Nigeria has won the legal case against Process & Industrial Developments (P&ID) Limited in a London court on Monday.
The judgment was delivered by Judge Robin Knowles. Nigeria managed to reverse an $11 billion damages ruling on Monday regarding a failed gas processing project.
Nigeria had moved to nullify the arbitral award of $9.6 billion made in 2017 in favour of P&ID but had ballooned to $11 billion for an alleged breach of a ...