Tag: , ,

FG pays £250,000 cost to P&ID, “out of respect”

The Federal Government has paid £250,000 to Process and Industrial Developments Limited as ordered by Justice Christopher Butcher of the Commercial Court in London on...

Nigeria’s appeal won’t stop assets seizure – P&ID

Nigeria’s fresh appeal will not stop Process and Industrial Development Limited (P&ID) from seizing Nigeria’s assets. In a statement issued through a...

P&ID Gate: Nigeria appeals against $200m security fee

Nigeria has resolved to appeal against the ruling of a UK Commercial Court ordering it to pay the sum of $200m as security fee. The court gave the order while granting...

FG orders lawyers to appeal $200m security deposit

The Federal Government has retained international legal firm of Curtis, Mallet-Prevost, Colt & Mosle LLP, to appeal the ruling of Justice Christopher Butcher of the...

P&ID gives FG 14 day ultimatum to pay $250,000

Process and Industrial Development Limited (P&ID) says Nigeria must pay the $250,000 allegedly due to it within 14 days, or the country would not be able to file an...

P&ID: Court remands Ex-director of petroleum ministry in prison

Former director in the ministry of petroleum resources, Grace Taiga, has been remanded in Suleja prison, Niger state, over the Process & Industrial Development...

EFCC to arraign ex-official of Nigeria’s petroleum ministry over P&ID Contract Scandal

The Economic and Financial Crimes Commission (EFCC) will Friday, charge a former Director, Legal Services, Ministry of Petroleum Resources, Grace Taiga, to court....

P&ID representatives plead guilty to fraud, tax evasion

Two representatives of the Process and Industrial Development Ltd have pleaded guilty before the Federal High Court in Abuja to charges of fraud and tax evasion. The...

P$ID: EFCC will expose all involved in Failed Contract – Magu

The Acting Chairman of the Economic Financial Crimes Commission (EFCC), Ibrahim Magu, says the commission will expose and prosecute all those behind a contract whose...