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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.
A Nigerian female accomplice of embattled P&ID firm, Mrs Grace Taiga, has been remanded in Suleja Prison according to an EFCC press statement.
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 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.
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.
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.
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
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.
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.
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.
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.
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.
The Federal Government has approved new uniform for the Nigerian Correctional Service (NCoS) to reflect its new name.
Everton are still counting their loses over the selling of a prolific star, Ademola Lookman, to a German side, RB Leipzig.
Oluwo of Iwoland, Oba Abdulrosheed Adewale Akanbi, denied the allegation that he beat Agbowu of Ogbaagbaa, Oba Dhikurulahi Olaniran.
Super Eagles full back Shehu Abdullahi is delighted his Club Busarspor secured another important win to boost their chances of a return to the elite division.
The Bishop of Sokoto Catholic Diocese, Bishop Matthew Kukah, on Tuesday, hit President Mohammed Buhari hard.