Tag: p&id case

Nigeria presents new evidence in P&ID case

Nigeria has upped its move to overturn an arbitration award against it worth almost $10 billion in favour of Process & Industrial Developments. Nigeria’s lawyers told the online court it found new evidence of payments from companies related to P&ID to Vera Taiga, the daughter of the chief lawyer for Nigeria’s Petroleum Ministry at the time. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.
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