$9.6bn fine: Nigeria rules out negotiation with P&ID

Christel Deskins

Attorney-General of the Federation and Minister of Justice, Abubakar Malami, says the federal government is not considering negotiations with Process and Industrial Development Limited (P&ID). Last week, the English Court granted the government’s request to contest a $9.6billion fine in favour of P&ID. The Buhari administration is seeking to reverse […]

$9.6BN AWARD: Malami rules out negotiation with P&ID

Christel Deskins

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, said on Thursday, the Federal Government would not negotiate with the British Virgin Island firm, Process and Industrial Development (P&ID) over the $9.6bn judgment secured against Nigeria last year. A British court had last year awarded $9.6bn to P&ID […]