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How Two Irish Businessmen Almost Took Nigeria for $11 Billion

A mundane contractual provision met with rampant corruption revealing a serious vulnerability in one of the backbones of international commerce.

Abuja federal capital territoryTaofiq tijaniMinistry of defenseMinistry of petroleum resourcesPetroleum resourcesGrace taigaInternational relationsNigerian national petroleum corporationBribery and kickbacksOil and gasoline

Lessons from the P&ID case

On Monday, October 23, 2023, in a stunning victory for Nigeria, the High Court in London set aside the arbitration award obtained in January 2017 by P&ID, a British Virgin Islands registered company, against Nigeria.

Abuja federal capital territoryCross riverBritish virgin islandsCross river stateCity ofUnited kingdomMichael quinnTaofiq tijaniAlhaji lukmanMinistry of petroleum resourcesHigh courtLegal servicesPetroleum resourcesMrs taigaP amp idTaofiq tijani

Lessons from the P&ID case

On Monday, October 23, 2023, in a stunning victory for Nigeria, the High Court in London set aside the arbitration award obtained

British virgin islandsCross riverCity ofUnited kingdomCross river stateIkechukwu oguineKemi adeloreAlhaji lukmanMichael quinnTaofiq tijaniAlhaji rilwanu lukmanPetroleum resourcesMinistry of petroleum resourcesHigh courtLegal servicesGas supply

P&ID: As Court Sets Aside $11bn Arbitration Award Amid Corruption Allegations

On Monday, in a victory for Nigeria, the High Court in London set aside the arbitration award obtained in January 2017 by P&ID, a British Virgin Islands

Cross river stateCross riverBritish virgin islandsCity ofUnited kingdomMichael quinnAlhaji rilwanu lukmanIkechukwu oguineAlhaji lukmanTaofiq tijaniKemi adeloreHigh courtPetroleum resourcesMinistry of petroleum resourcesLegal servicesMrs kemi adelore

Important Lessons From the P&ID Case – Jerry Amao – Igbere TV

On Monday, October 23, 2023, in a stunning victory for Nigeria, the High Court in London set aside the arbitration award obtained in January 2017 by P&ID, a British Virgin Islands regist

Cross riverNigeria generalCity ofUnited kingdomBritish virgin islandsCross river stateJerry amaoAlhaji rilwanu lukmanIkechukwu oguineKemi adeloreAlhaji lukmanTaofiq tijaniMichael quinnPetroleum resourcesHigh courtMinistry of petroleum resources

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