Thread by @FMICNigeria

FG's delegation currently engaging with media and stakeholders in London, over the P&ID case, on Wednesday held a series of engagements, starting with a stakeholders' event, lunch with a leading Barristers' Chambers in London and interviews with BBC.

On Tuesday, the team engaged with journalists at Bloomberg and The Economist, among others.

The delegation includes HMIC Lai Mohammed, Attorney General and HMJ Abubakar Malami, IGP Abubakar Adamu, CBN Governor Godwin Emefiele, Ag. EFCC Chair Ibrahim Magu and AIG Ibrahim Lamorde.

Hearing in the $9.6b arbitration award to P&ID comes up in London on Thursday, 26 Sept 2019.
@SegunAde88
@deleyewilliams
@toluogunlesi
@NigeriaGov

Statement from the Federal Government of Nigeria on today's developments in the Court

26 September 2019

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LONDON - Earlier today, the UK Commercial Court granted the Federal Government of Nigeria’s request for leave to appeal, enabling the Government to appeal the Court’s recognition of the UK Arbitration Tribunal in the UK Court of Appeal.

The UK Commercial Court also approved the Government’s application for a “stay of execution” which will prevent the plaintiff, P&ID, from enforcing the UK Arbitration Tribunal’s earlier judgment while this case is heard on appeal before the Court of Appeal.

The Attorney General Abubakar Malami commented further: “I am pleased with today’s development in the court and see this as a positive resolution that constitutes an important step in the Government’s efforts to defend itself in a fair and just process.

“We look forward to challenging the UK Commercial Court’s recognition of the Tribunal’s decision in the UK Court of Appeal, uncovering P&ID’s outrageous approach for what it is: a sham based on fraudulent and criminal activity developed to profit from a developing country.”