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A London court on Thursday gave Nigeria final victory as it refused to grant an application by Process & Industrial Development (P&ID) seeking to appeal the judgment halting the enforcement of its $11 billion award against Nigeria. The court in the judgment delivered by the presiding judge, Robin Knowles, ruled that the award against Nigeria should be thrown out immediately. Recall that the Business and Property Court in London had in October halted the enforcement of the P&ID $11bn award against Nigeria in a case marked CL-2019-000752.

On 23 October 2023, the English Commercial Court published its much-anticipated judgment in The Federal Republic of Nigeria v Process & Industrial Developments Limited [2023] EWHC 2638...

It was his tears, his blood, and his sacrifices that have contributed to the victory that all Nigerians are celebrating today.

IN the wake of a landmark victory for Nigeria at the Commercial Court of England and Wales, which stopped the enforcement of an $11.5billion Process &

Celebrations are in order as we savour the near-miss that almost rendered us impecunious. A near miss, indeed. We must never forget how we got there. And,