Nigeria Records Another Landmark Victory as UK Court Imposes £1.5m Fine on P&ID - THISDAYLIVE

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Nigeria Records Another Landmark Victory as UK Court Imposes £1.5m Fine on P&ID via thisdaylive

Nigeria on Thursday recorded another landmark victory in its bid to set aside a whopping $9.6 billion judgment debt against her, following an order by a London Court on Process and Industrial Development to make an interim payment of more than £1.5 million within 21 days to cover legal costs Nigeria incurred in getting the court to allow her files court processes outside the time provided by the law.

However, proceedings on Thursday went the way of Nigeria, as the court which sat to decide procedural and costs issues relating to Nigeria’s applications ruled in her favour. He added that a case management conference to determine the full trial window was scheduled to take place after November 2020.

 

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