The United Kingdom Commercial and Arbitration Court on Thursday granted Nigeria leave to appeal against $9.6 billion awards in favour of Process and Industrial Development Limited (P&ID).
Nigeria’s legal team is currently arguing the case for the stay of the execution of the judgement in UK.
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The Attorney General of the Federation and Minister of Justice, who is the leader of the Nigerian legal team in London, confirmed the situation to reporters.
Details later…
(SOLACEBASE)