Tag Archives: P&ID

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 …

As Nigeria goes on appeal to set aside the huge cash awarded by a British commercial and arbitration court to P&ID, an offshore company over a botched gas supply contract, indications emerged, weekend, that the government might have written off the claimant as a non-existent enterprise. The government is said …