The English Commercial Court has granted Nigeria’s application for leave to file an appeal against the award of $9.6billion to Process and Industrial Developments( P&ID). Another application for a stay of execution of the award is still in progress.

P&ID secured the damages against Nigeria following a failed Gas Supply Project Agreement (GSPA) contract between it and the Federal Ministry of Petroleum Resources. brief by the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami(SAN) from London said: “Application for leave to appeal against the award and enforcement of the award is granted. “Application for stay of execution is being considered.”

Read more: https://www.dailytrust.com.ng/breaking-pid-scandaluk-court-rules-nigeria-can-appeal-9-6b-judgment.html