$9bn judgement against Nigeria: To pay or not to pay
President Muhammadu Buhari’s second term tenure as President is taking off on what seems a small crisis but capable really of reversing all if any economic gains he may have recorded in the last four years. It has to do with the ruling in the United Kingdom, of a commercial court that now offers the UK firm, Process and Industrial Development Limited the sum of $9.6 billion, which Nigeria must pay, or in lieu, lose national assets of that value, in the UK to the company.
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