Browsing Tag

Process and Industrial Development

$9.6b judgment controversy: FG reopens talks with P&ID

Abdulfatah Sep 2, 2019 0

President Muhammadu Buhari has reopened talks with Process and Industrial Development (P&ID), the Irish engineering firm that recently won a $9.6 billion judgement against Nigeria. Vice President Yemi Osinbajo chaired the meeting at…

Business

Gas contract dispute: Nigeria to lose $9b worth of its foreign assets

Abdulfatah May 17, 2019 0

Ayodele Olalere Nigeria is set to lose up to $9 billion worth of its foreign assets following an enforcement application to The United States of America and The United Kingdom courts by Process and Industrial Development (P &ID), a…