P&ID contract fraudulent, Nigeria'll upturn judgement debt - Lai Mohammed

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The federal government on Tuesday urged Nigerians to ignore the ostentatious claims by the Process and Industrial Developments Ltd. (P&ID)...

The federal government on Tuesday urged Nigerians to ignore the ostentatious claims by the Process and Industrial Developments Ltd. on the compilation of Nigeria’s assets for attachment over a $9.6 billion judgment debt.

“You will see that there is a lot grandstanding on the part of the P&ID especially by the Public Relations consultant it hired. “We are doing everything possible and we are very optimistic that we will escape any embarrassment of attachment of the country’s asset as a result of this dubious award. “How can people come into Nigeria with portfolio, and walk away with about 20 per cent of our entire foreign reserve?

 

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