VAM News Update
Nigeria has won its case against the Process and Industrial Developments Company, P&ID.
In the case marked CL-2019-000752, the Federal Government sought to overturn an arbitration award in favour of P&ID which has now accrued interest worth $11 billion.
The company had claimed it entered into an agreement with Nigeria to build a gas processing plant in Calabar, Cross River State, but the deal collapsed because the Nigerian government did not fulfil its end of the bargain.
A London High Court has now delivered judgement in Nigeria’s favour.
Details later…
Nigeria is set to pass the National Digital Economy and E-Governance Bill, positioning it among…
News Update Visa applicants from Nigeria, Somalia, and Russia will now face fresh uncertainty as…
FG signs, unveils renegotiated agreement with ASUU THE federal government has finally signed a renegotiated…
...Party projects 9 million The All Progressives Congress (APC) has announced that more than two…
THE first set of Ambrose Alli University Students arrested by the police over the anti-kidnapping…
Ahead of the 2027 general election, there’s rising political tension in Abia State, with some…