The Federal Republic of Nigeria (FRN) Thursday appeared in the English High Court for a scheduled hearing.

The hearing followed the major victory secured by FRN last Friday, allowing it to bring a fraud challenge against a $10 billion arbitration award obtained by vulture-fund-backed P&ID well outside the normal time limits.

In a statement on Thursday from the office of Attorney General of the Federation, Nigeria will now proceed to a full fraud trial. The hearing Thursday was held to decide procedural and costs issues relating to the FRN’s applications to challenge the arbitration award and to determine the short term directions to trial.

The sitting Judge of the High Court, Cranston J ordered P&ID to make an interim payment of more than £1.5 million within 21 days to cover legal costs the FRN incurred as part of their successful application for the extension of time to challenge the arbitration award and procedural hearing earlier in the year.

A case management conference to determine the full trial window is scheduled to take place after November 2020.

Aufbauh:
Nigeria is winning the second half

No be person wher carry person go court first dey win case. P&ID scam don dey backfire

omenka:
Awesome. I pray Nigeria keeps winning, despite the utterly useless crop of leaders we have.

You would never see Racoon on a thread like this. Dude hates anything good happening to the country. He would rather Nigeria loses the case against P&ID and pay an hefty fine.

omenka:
Awesome. I pray Nigeria keeps winning, despite the utterly useless crop of leaders we have.

You would never see Racoon on a thread like this. Dude hates anything good happening to the country. He would rather Nigeria loses the case against P&ID and pay an hefty fine.

If only Nigerians will be the true beneficiaries of these monies

Which Nigerian wouldn't be happy

But with all the monies returned, taxes, roads are still bad! Fuel now sells for N162

Bag of rice Beans is now a rich man's food. No even let me touch other items

omenka:
Ask around, I don't talk to ladies on the forum, especially those who sound like they've got nothing upstairs. Go look for your kind to talk to.

Bye.

them dey look for animal wey get horn you (snail) self dey show face

Good radiance...

Racoon:
What has Racoon done to you man? What is good about this nation that the corrupt leadership have set backwards many years with their own corruption?

What is the difference between what P & ID is doing to Nigeria that the likes of Maina, Lawal Babachir, Ibori, Gandollar, Goje, Orji Kalu etc have not done? Just a case of different criminals in the same settings.So take a chill.

Wiseandtrue:

If only Nigerians will be the true beneficiaries of these monies

Which Nigerian wouldn't be happy

But with all the monies returned, taxes, roads are still bad! Fuel now sells for N162

Bag of rice Beans is now a rich man's food. No even let me touch other items

Racoon:
What has Racoon done to you man? What is good about this nation that the corrupt leadership have set backwards many years with their own corruption?

What is the difference between what P & ID is doing to Nigeria that the likes of Maina, Lawal Babachir, Ibori, Gandollar, Goje, Orji Kalu etc have not done? Just a case of different criminals in the same settings.So take a chill.

Notatribalist:
......So Nigeria is our mother while the leaders are the the wicked siblings.Let's fight this siblings without insulting our mother.Hope you understand my point bro.

Racoon:

Thank you.I appreciate man.

omenka:
Awesome. I pray Nigeria keeps winning, despite the utterly useless crop of leaders we have.

You would never see Racoon on a thread like this. Dude hates anything good happening to the country. He would rather Nigeria loses the case against P&ID and pay an hefty fine.

IamWonderful:
Amazing something, shame on ineffectual buffon Jonathan and his mistress, flat booobs Diezani, I am sure he was compromised to share of the loot or he was a coward.

Wiseandtrue:

If only Nigerians will be the true beneficiaries of these monies

Which Nigerian wouldn't be happy

But with all the monies returned, taxes, roads are still bad! Fuel now sells for N162

Bag of rice Beans is now a rich man's food. No even let me touch other items

omenka:
Which means, whatever it is, you desperately wish Nigeria wins no battles. Let her continue to lose on all fronts, because that is the only thing that gives your preferred party a chance at Aso Rock.

You don't deserve being called a Nigerian. You are patriotic only to Party and have not a shred of patriotism for country.

That is a terrible way to live.

I pray my dear country continues to win and prosper irrespective of the party in power.

Litmus:



The bold is one of the chief flaws in Nigeria's fledgling democracy and opposition politics tradition. It is a sort of misalignment in our body politics that require urgent adjustment.

Nothing screams, ‘Nigerian politicians have got to be thieves and crooks’, to enlightened objective electorate than opposition politicians appearing to encourage their supporters to wish the nation they want to lead disintegration and destruction unless they are the ones in government.

We want men and women in politics that love their nation unconditionally or give the impression that they love their nation unconditionally even to the extent of being ready to lay down their lives for their nation and its peoples’.

When opposition politics actually threaten destruction of their nation because they are not in power, encourage sedition, ethnic division, religious violence, encouraged hatred for the nation through media campaigns, this gives the impression that they only wish to lead the nation in order to grab what the can for themselves and not lead because of patriotism’s wanting to improve lives and nation. How should such individuals appeal to any electorate with a modicum of intelligence?