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Tag: $11 billion

Court dismisses P&ID appeal, upholds...

Court dismisses P&ID appeal, upholds Nigeria’s £43m...

Nigeria triumphs as London Court...

Nigeria triumphs as London Court rejects P&ID's...

Court dismisses P&ID appeal, upholds Nigeria’s £43m award

Court dismisses P&ID appeal, upholds Nigeria’s £43m award A UK Court of Appeal has dismissed Process & Industrial Development's (P&ID) appeal regarding a previous judgment that halted the enforcement of its $11 billion award against Nigeria. In a unanimous decision, Lead Judge Lord Justice Snowden allowed P&ID to appeal the judgment but ultimately dismissed it. The ruling was based on the issue of whether the lower court was correct in ordering P&ID to pay the £43 million legal costs in British pounds rather than naira. READ ALSO: Court orders ex-minister to account for...
Jamila Suleiman -
News

Court dismisses P&ID...

Court dismisses P&ID appeal, upholds Nigeria’s £43m award A UK Court of Appeal has dismissed Process & Industrial Development's (P&ID) appeal regarding a previous judgment...
Jamila Suleiman -
News

Nigeria triumphs as...

Nigeria triumphs as London Court rejects P&ID's $11 billion appeal The Process and Industrial Development (P&ID) has lost its final appeal against Nigeria in an...
Salim Sani -
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