UK court opens way for $9bn claim against Nigeria | The Guardian Nigeria News - Nigeria and World News

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A lawyer representing P&ID said the firm intended to “begin the process of seizing Nigerian assets in order to satisfy this award as soon as possible.” Nigeria BritishFirm LawSuit

The decade-long dispute pits an unheralded firm founded by two Irish business partners against an energy-rich but a politically-troubled nation of 200 million people.

It provided for P&ID to “build a state-of-the-art gas processing plant to refine natural gas… Nigeria would receive free of charge to power its national electric grid,” according to the company’s website. London court documents released on Friday showed that the arrangement fell through in 2012 without P&ID ever breaking ground on the plant.

The government’s legal team countered that English courts did not have the jurisdiction to settle the dispute.

 

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