UK court opens way for $9bn claim against Nigeria

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Award represents one-fifth of the foreign reserves held by Africa’s largest economy

Employees work at a natural gas-purification facility. Picture: REUTERS

It provided for P&ID to “build a state-of-the-art gas processing plant to refine natural gas ... Nigeria would receive free of charge to power its national electric grid”, according to the company’s website. The government’s legal team countered that English courts did not have the jurisdiction to settle the dispute.

 

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