What Tinubu said as Nigeria emerges victorious in $11 billion P&ID judgment

Details of what President Tinubu said as Nigeria emerged victorious in the $11 billion P&ID judgment can be accessed below.

 

Newsonline Nigeria reports that President Bola Tinubu has lauded a UK Court judgment rendered by Judge Robin Knowles of the Business and Property Court in London, awarding victory to the Nigerian Government over the firm, Process & Industrial Development (P&ID) Limited.

 

This Nigeria news platform understands that President Tinubu described the landmark judgment as a victory for Africa, adding that the country would no longer be held hostage by economic conspiracies between private firms and corrupt officials.

 

ALSO: President Tinubu vows to improve foreign exchange liquidity

 

President Tinubu’s reaction is contained in a statement signed by his Special Adviser on media and publicity, Ajuri Ngelale.

 

According to Ngelalle, the president said, “This landmark judgment proves conclusively that nation states will no longer be held hostage by economic conspiracies between private firms and solitarily corrupt officials who conspire to extort and indebt the very nations they swear to defend and protect. “Today’s victory is not for Nigeria alone. It is a victory for our long exploited continent and for the developing world at large, which has for too long been on the receiving end of unjust economic malpractice and overt exploitation. “Nigeria is appreciative of the tremendous efforts of the defense team and acknowledges the role of the Federal Ministry of Justice and the Office of the Attorney-General in the process of defending Nigeria’s interest in this case.’’

More to follow…