$9.6bn Judgment Debt: Victory in UK court, a huge relief – Lai Mohammed

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Information and culture minister Lai Mohammed has said that the Friday judgment of a UK Commercial Court suspending the execution of ...

He said it was “a big victory and Nigeria can now breath a sigh of relief“.The court granted Nigeria’s request to stay execution on award of $9.6 billion, equivalent to N3.5 trillion, granted to an Irish company, Process and Industrial Developments Ltd. over a botched gas contract.

 

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P&ID: Nigerian govt speaks on $9.6bn judgment debt rulingAn official said the court decision “is a big victory and Nigeria can now breath a sigh of relief“.
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