A bitter face off between Nigeria and an offshore company over an $11bn arbitration award intensified last week as lawyers traded accusations of corruption and ineptitude in a London courtroom.
Africa’s largest economy is seeking to overturn a 2017 ruling that ordered it to pay billions in damages after a gas deal with Process & Industrial Development went sideways. The contract in question was struck in 2010, when Nigeria agreed to provide two decades’ free gas to a facility P&ID would build in the country in exchange for processed gas for electricity generation.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: