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P&ID scandal: Court didn’t consider Nigeria’s fraud allegations – UK judge

Indications have emerged that Nigeria’s plans to have the $9.6bn awarded in favour of Process and Industrial Developments nullified on the grounds of the allegation of fraud regarding the Gas Supply Processing Agreement may fail.

P&ID scandal: Suspect Grace Taiga remanded in prison

A Nigerian female accomplice of embattled P&ID firm, Mrs Grace Taiga, has been remanded in Suleja Prison according to an EFCC press statement.

New P&ID scandal suspect suffers from severe hypertension – lawyer

A former Director, Legal Services of the Ministry of Petroleum Resources, Mrs. Grace Taiga, standing trial in connection with the controversial P&ID $9.6bn judgment against Nigeria suffers from “a whole lot of ailments”, her lawyer, Ola Olanipekun (SAN), said on Friday.g
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

P&ID scandal: EFCC set to arraign another suspect

The Economic and Financial Crimes Commission will on Friday arraign another suspect linked to the controversial Gas Supply Project Agreement which led to the recent $9.6bn judgment given against Nigeria and in favour of Process and Industrial Developments by a British court.
Abubakar Malami

P&ID: PDP government, contract drafters, lawyers have case to answer – FG

The Federal Government has said that it is widening investigation into the controversial P&ID contract signed in 2010, noting that emerging facts confirm the contract was awarded to a portfolio firm of no known address and pedigree.
Abubakar Malami

AGF: We’ll spare nobody in $9.6 billion P&ID failed deal

Malami told journalists in Abuja that although security agencies had interrogated many prominent personalities in connection with the $9.6 billion awarded against Nigeria by a United Kingdom court, many more would soon be invited for questioning in order to get to the root of the matter.
ladol free trade zone

Is LADOL truly a Nigerian company?

Even with the signing of the Nigerian Oil and Industry Content Development (NOGICD) Act of 2010, many Nigerian investors still exploit the old loopholes in the system to take advantage of this law.

$9 billion damages: The same fool and his money

The corporate name “Process and Industrial Developments Limited” (P&ID) was until lately, probably, only known to very few Nigerians in Public Service, and the oil and gas subsector.

Oando: We are not a party to London arbitration

Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million

Recent Stories

Governor Babagana Zulum on Friday struck a deal with 30 Saudi-based clerics to endlessly pray for the return of peace in the state.

Borno governor visits Kala-Balge, shares N100 millions to 10,000 households

Borno State governor, Professor Babagana Umara Zulum, spent the most part of yesterday in Rann, headquarters of Kala-Balge, Local Government Area, remotely located around a boarder between Nigeria, Cameroon linking to Chadian territory.

Edwin Clark cautions President Buhari over appointment of Justice Bulkachuwa’s successor

Ijaw National leader, Chief Edwin Clark, has urged President Muhammadu Buhari to correct some of his lapses through appointment of successor of the outgoing President of Court of Appeal.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

Coalition tasks National Assembly on transparent electoral system

A social group, Coalition 2020, has called on the National Assembly to work further on the Electoral Act with a view to ensuring reliable and transparent elections in the country.
Gov. Godwin Obaseki of Edo says his administration is doing a lot from its end to tackle illegal migration to Europe but needs more support from partners.

Governor Obaseki: How we’re winning fight against human trafficking

The Edo State Governor, Mr Godwin Obaseki, has said his administration is making steady progress in the against human trafficking through sustained awareness creation and robust partnership with key stakeholders.
ENUGU — GOVERNOR Ifeanyi Ugwuanyi, last week, advanced the public utility sector with five made-in-Nigeria mini fire fighting trucks to enhance the services being rendered by the Fire Service in Enugu State.

Enugu boosts fire service with five Innoson fighter trucks

Governor Ifeanyi Ugwuanyi, last week, advanced the public utility sector with five made-in-Nigeria mini fire fighting trucks to enhance the services being rendered by the Fire Service in Enugu State.