The family of Nigeria’s former Petroleum Minister, Rilwanu Lukman, has called on Attorney-General of the Federation, Abubakar Malami, to apologise to them over his allegation that the late minister approved the Process and Industrial Development Limited deal, a report by TheCable said. A 2010 contractual agreement between Nigeria and P&ID to build a natural gas-processing plant in Calabar, Cross River State, broke down irretrievably and the London Commercial Court, converting an arbitration decision to judgment, found Nigeria guilty of breach of contract. Nigeria, in a frantic move to wriggle out of the judgment debt, filed a successful lawsuit at its own Federal High Court, which set aside the judgment of the UK court. P&ID did not partake at the proceedings, which happened at the Lagos Federal High Court, alleging that the court lacked jurisdiction on the case. The company’s argument seems meritorious because as far back as 2016, parties agreed on UK as the venue
Course material, Research Work from chapter 1- 5, Publishing, News, Entertainment, Sport, School Gist.