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Weighing Nigeria’s options in the P&ID case

PUBLISHED: Fri, 30 Aug 2019 09:03:44 GMT

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An arbitration award by the United Kingdom’s Business and Property Court on a deal from 2010 in which the Nigerian government agreed to supply gas to a processing plant in Calabar, could see Nigeria stripped of about $9bn in assets if the decision is enforced. So how did Nigeria get into this sticky situation and what are the options available for Africa’s largest economy? Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria and Adeoye Adefulu, Partner at Odujinrin and Adefulu join CNBC Africa for more….


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