Protest at British High Commission over $9bn judgement against Nigeria

A coalition of Nigerian civil society groups is protesting at the British High Commission, Abuja, over the award of $9.6 billion to Process and Industrial Development (P&ID) Ltd.

The CSOs in a statement by its President, Etuk Bassey, described judgement as a “travesty to justice, disrespect to the sovereignty of the Nigerian government.”

In 2010, FG entered into a deal with P&ID to build a gas processing plant in Calabar, Cross River state. However, the deal collapsed because Nigeria did not meet its end of the bargain. .

On August 16, 2019, a British court gave P&ID the go-ahead to seize Nigerian assets worth $9 billion after it sued the country. The FG said it is working to ensure that none of the country’s assets is seized.

©2022 Instablog9ja. All rights reserved. | Powered by DEO360 Digital Solutions


We're not around right now. But you can send us an email and we'll get back to you, asap.


Log in with your credentials

Forgot your details?