Irish firm at centre of Nigerian government’s appeal against €8.8bn award
The case between Irish company P&ID and the Nigerian government has been going on for years, but we may learn this week whether the current Nigerian administration will succeed in getting leave to appeal the judgment which relates to lost profits from a broken contract.
Have you heard the one about the Irish showband manager, the multibillion African gas deal that never happened, and the €8.8 billion court judgment against the Nigerian state?
If you have, then you’ll be interested to know that this week the British High Court will consider whether to allow an appeal by the Nigerian government against the €8.8 billion arbitration award granted to Process and Industrial Developments (P&ID), an Irish-led company, over a collapsed...
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