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Senate summons AGF Malami, others to explain $9.6bn P&ID ruling

New Senate bill seeks to tax Nigerians for GSM, cable TV services

The Nigerian Senate has invited the Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami, to come and explain the gas contract to the Process and Industrial Development (P&ID) Limited, and the $9.6 billion penalty awarded against Nigeria by a court.

Malami and the other stakeholders are expected to appear before the senate committees on Judiciary, Petroleum Upstream and Gas.

A court in the United Kingdom (UK) had in a recent judgment asked Nigeria to pay $9.6 billion penalty to P&ID for breach of contract.

The Federal Government had kicked against the judgment. It had at the weekend sent a delegation led by Malami and the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, to the UK to meet with some international media and lawyers over the matter.

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Aside Malami and Emefiele, other members of the delegation to the UK included the Information and Culture Minister, Lai Mohammed; the Inspector General of Police (IGP), Abubakar Adamu; the Economic and Financial Crimes Commission (EFCC) acting chairman, Ibrahim Magu.

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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