💰$9 Billion Debt: P&Id Names Nigerian Officials👀 Involved In Contract Negotiations

Amid denials by officials of the Buhari administration of complicity in the botched gas supply contract that resulted in the recent $8.9billion arbitral award against Nigeria by a UK court, the founder of the company at the centre of the controversy, Michael Quinn, on Saturday named key Nigerian government officials who played different roles in the process that led to the contract.

The United Kingdom, Business & Property Courts (the Commercial Court), presided by Justice Butcher, on August 20 granted a request for the enforcement of a March 20, 2013, award against Nigeria by a District Circuit Court in Washington DC.

The award in favour of Process & Industrial Development Limited (P&ID), a British engineering firm, followed an alleged breach of a 2010 gas contract agreement by the company and the Nigerian government.

Reacting to the judgment, the Nigerian government described the award as a conspiracy to cause economic damage to Nigeria.

On behalf of the government, the Attorney-General and Minister of Justice, Abubakar Malami, said the government has resolved to probe the contract with a view to bringing suspected collaborator and conspirators to account.

Published by DEAN 360

Isah Abdullahi (born on September 12th 1996) is a Nigerian blogger, writer, entrepreneur, social media expert, and a political analyst.

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