Thursday, 21 November 2019 05:56

P&ID: FG adopts strategies to get contract quashed – Minister

Rate this item
(0 votes)

Federal Government has started implementing enhanced strategies geared towards setting aside the entire P&ID liability and possible nullification of the contract.

Mr Abubakar Malami, Attorney-General of the Federation made this known in a statement by Mr Umar Gwandu, his Special Assistant on Media and Public Relations in Abuja yesterday.

P&ID, an Irish engineering company, had secured a $9.6 billion award against Nigeria following the non-execution of a 20-year gas and supply processing agreement (GSPA) the company had with the federal government.

According to the Minister, under the new strategy, “no lawyers were replaced, but more lawyers with specialised skills are locally and internationally engaged to support the existing capacity and initiate fresh suits with a view to achieving the desired result.

“This time around it is not limited to a challenge on enforcement proceedings, but extended to setting aside the entire liability and probably the nullification of the contract on which the award was hinged.”

While repudiating the allegation on replacement of the Nigerian Legal team on P&ID Malami said: “Our lawyers originally engaged have proven to be versatile, competent and effective and constitute our winning team. They have such capacity that we do not doubt their ability to deliver.

“There was no change of counsel, but enhanced strategy commonly agreed upon which was targeted at getting overall success.”

Malami described the so-called P&ID contract as a well-organised scam “consciously, deliberately and intentionally orchestrated by some dubious – and well-placed Nigerian government officials at the time with some shrewd foreign collaborators to defraud Nigeria and inflict heavy economic and financial loss on Nigeria and its people.

He vowed that Federal Government will not sell out the interest of the country and the Nigerian people in order to satisfy some elements who are consciously out to extort Nigerians for their selfish aggrandisement.

“We will not allow fraudulent local and foreign collaborators to rip off the resources of Nigeria for no just cause but merely to be seen as being nice or ‘investor-friendly’”  he reaffirmed.

Meanwhile, a Briton, Mr James Nolan has applied for variation of his bail at Federal High Court sitting in Abuja.

 

Sun

January 16, 2025

USSD debt: NCC approves disconnection of FCMB, Zenith, 7 other banks

The Nigerian Communications Commission (NCC) has authorized Mobile Network Operators (MNOs) – MTN, Airtel, Globacom,…
January 11, 2025

Ohanaeze Ndigbo gets new President-General

John Azuta-Mbata, a former senator, has been elected as the new president-general of Ohanaeze Ndigbo,…
January 15, 2025

Essential skills needed to make money online in 2025

Melissa Houston Due to technological advancements and global digitization, there are growing opportunities to make…
January 04, 2025

Shy man cuts off 4 fingers instead of telling boss he wanted to quit his…

A 32-year-old Indian man admitted to cutting off four fingers on his left hand to…
January 14, 2025

Boko Haram’s strategy created 60,000 child fighters, military chief says

Chief of Defence Staff (CDS), Christopher Musa, has disclosed that over 60,000 children are among…
January 16, 2025

Here’s the latest as Israel-Hamas war enters Day 468

Israel, Hamas ceasefire accord followed by airstrikes on Gaza, residents say Israel intensified strikes on…
December 25, 2024

Stem cell therapy to correct heart failure in children could 'transform lives'

Renowned visionary English physician William Harvey wrote in 1651 about how our blood contains all…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.