FG assures of diligent handling of litigation against British firm

The Federal Government has assured of its intention to diligently defend its interest in the litigation between it and Process Industrial Development Limited (P&ID) over the dispute arising from the twenty years Gas Supply and Processing Agreement (GSPA) entered into in 2010.
It will be recalled that the Agreement was entered into by the Federal Ministry of Petroleum Resources on behalf of the Federal Government with the Process Industrial Development Limited in respect of accelerated gas development project in Nigeria’s OMLs 67 and 123.
The case is pending before the United States District Courts of the District of Columbia and the United States Court of Appeal as well as the Business and Property Courts of the United Kingdom.
In a press statement signed by the Solicitor General of the Federation and Permanent Secretary of the Federal Ministry of Justice, Mr. Dayo Apata, the Federal Government revealed that Process Industrial Development Limited never began the construction of the project facility although it alleges it incurred about $40 million in preliminary expenses.
The press statement made available to newsmen by Comrade Salihu Othman Isah, Special Adviser on Media and Publicity to the Honourable Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN stated that, it is entirely proper for Nigeria to raise and to strongly assert all available and proper defences to the claims brought by Process Industrial Development Limited.