$9.6bn judgement capable of ruining Nigeria’s economy, says CSOs

A British court judgment granted to Process and Industrial Development Ltd (P&ID) to take over $9.6bn worth of Nigeria’s asset abroad is capable...

A British court judgment granted to Process and Industrial Development Ltd to take over $9.6bn worth of Nigeria’s asset abroad is capable of ruining the country’s economy if it is enforced, a coalition of civil society groups, has said.

The CSOs made these demands when they protested at the United Kingdom High Commission and Embassy of Ireland in Abuja on Monday.Read Also:The coalition, in a joint statement signed by its President, Etuk Bassey and Secretary General, Mallam Abubakar and read to reporters, vowed to continue their action for the next one week until the judgement is reversed.

Others are: “We stand with President Muhammadu Buhari anti-corruption crusade,” Boris Johnson help President Muhammadu Buhari fight corruption,” “British court ruling will ruin our economy and say no to second slavery.” It added: “As a civil society organisation, coalition of civil society groups, the umbrella body of over 5000 civil society organisations in Nigeria, established to promote accountability and good governance and to ensure we have a responsive government where rights and privileges of the citizens are adequately respected.

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