BREAKING: P&ID: UK court grants Nigeria permission to challenge $9.6bn fine - Daily Post Nigeria

The English Court on Friday granted permission to Nigeria to argue the $9.6 billion arbitral award made against the federal government.

The court allowed Nigeria to bring the challenge outside the normal time limits, due to the evidence presented on fraud, Gwandu said. The statement said the Buhari administration, having inherited the dispute from the previous administration, “uncovered evidence that the GSPA was a sham commercial deal designed to fail from the start ”

Source: Law Daily Report (lawdailyreport.net)

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