Britishfirm, Lawsuit, P&Id, Uk Court

Britishfirm, Lawsuit

UK court opens way for $9bn claim against Nigeria | The Guardian Nigeria News - Nigeria and World News

A British judge on Friday gave the green light for a tiny private firm to seize more than $9 billion in assets from the Nigerian government over a failed natural gas deal.

17.8.2019

A lawyer representing P&ID said the firm intended to “begin the process of seizing Nigerian assets in order to satisfy this award as soon as possible.” Nigeria BritishFirm LawSuit

A British judge on Friday gave the green light for a tiny private firm to seize more than $9 billion in assets from the Nigerian government over a failed natural gas deal.

It provided for P&ID to “build a state-of-the-art gas processing plant to refine natural gas… (that) Nigeria would receive free of charge to power its national electric grid,” according to the company’s website.

It sued Nigerian government for breaching the agreement by failing to provide the gas — or install the promised pipelines.

The government’s legal team countered that English courts did not have the jurisdiction to settle the dispute.

But P&ID insisted that it was up to the English arbitration tribunal to decide where the case should be heard — and who should issue the final ruling.

“I will receive submissions from the parties as to the precise form of order appropriate.

Read more: The Guardian Nigeria

El-Zakzaky on his way back to Nigeria | The Guardian Nigeria News - Nigeria and World NewsThe Islamic Movement in Nigeria leader Ibrahim El-Zakzaky is on his way back to the country three days after embarking on a medical trip to India. “Sheikh Zakzaky is returning to Nigeria from India. 22:00 hours Delhi, 17:00 hours in Abuja Nigeria,” the movement tweeted on Thursday.

Nigeria’s protests and the Garden of Eden | The Guardian Nigeria News - Nigeria and World News'Protests seem to be targeted at people, region and not causes. They are clothed with hatred, jeering of people, not systems.' Nigeria Protest

India's Modi hails 'path-breaking' Kashmir move | The Guardian Nigeria News - Nigeria and World NewsIndian Prime Minister Narendra Modi hailed on Thursday his 'path-breaking' move to strip Kashmir of its autonomy, as his Pakistani counterpart warned of possible 'ethnic cleansing'.

Chloe Anthony Wofford ‘Toni’ Morrison (1931-2019) | The Guardian Nigeria News - Nigeria and World NewsOne of the most iconic figures in the history of American, African-American Literature, an activist on identity and cultural politics of the Black people of America Chloe Anthony Wofford ‘Toni’ Morrison passed on recently

Understanding cirrhosis | The Guardian Nigeria News - Nigeria and World NewsThe damage caused by cirrhosis can’t be reversed and can eventually become so extensive that your liver stops functioning. This is called liver failure. Cirrhosis Health

Corruption and a lost battle | The Guardian Nigeria News - Nigeria and World News'It’s however quite easy to see that almost all Nigerians are affected and infected by the corruption virus and how anyone hopes to rid them of such long-standing partner is yet to be seen.' Nigeria Corruption

Write Comment

Thank you for your comment.
Please try again later.

Latest News

News

17 August 2019, Saturday News

Previous news

Nigerian newspapers: 10 things you need to know this Saturday morning - Daily Post Nigeria

Next news

Girl Guides celebrates 100 years in Nigeria, decries increased rape – Daily Trust
Previous news Next news