How UK court judgment against P&ID freed Nigeria’s global assets from imminent risks – Fagbemi – Newstrends
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How UK court judgment against P&ID freed Nigeria’s global assets from imminent risks – Fagbemi

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How UK court judgment against P&ID freed Nigeria’s global assets from imminent risks – Fagbemi

The Federal Government stated that the $11.5 billion legal win over Process and Industrial Developments Limited (P&ID) in a London court has freed Nigeria’s assets and agencies around the world from the threats they were exposed to.

Lateef Fagbemi, the Attorney-General of the Federation and Minister of Justice, told journalists at the State House in Abuja that P&ID’s destiny in court was not only a triumph for Nigeria, but also a precedent against such fraudulent targeting of others.

He noted that despite dragging government to court for an agreement it purportedly entered into with the ministry of petroleum resources to establish a gas processing plant in Calabar, P&ID never ever secured any land site.

He however, disclosed that there will be further hearings by the UK court on the heels of the judgment to determine costs payable by P&ID and other matters.

“The Arbitral Award had over the years placed the assets of the FRN and those of its agencies all over the world at the risk of attachment, erosion of foreign reserves and distortion of monetary, fiscal and other policies of government with attendant dire consequences for Nigeria and its people,” he said.

Fagbemi said for the current administration, “it has been a night of long knives! This success marks the culmination of over a decade of legal action and is not just a victory for the people of Nigeria, but any similar target of corruption and fraud.”

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He referenced the words of Mark Howard KC, lead counsel for the Federal Government, which he said, the court endorsed, noting: “P&ID was exactly the type of entity that was prepared to engage in bribery’, to achieve its aims – to undermine the administration of justice in Nigeria in the pursuit of, ‘riches beyond the dreams of avarice.”

Fagbemi posited that the successful result is a decisive victory for the people of Nigeria “who stood to lose over US$11 billion, and for the Nigerian administration which has now reached a milestone in its mission to challenge the scourge of corruption.”

He added: “The judgment also serves as a damning indictment of predatory international investors, who should now rightfully be deterred from preying upon Nigeria and other developing nations to satisfy their greed.

“P&ID and its associates both Nigerians and foreigners alike, shamelessly attempted to defraud the country and enrich themselves through sharing the FRN’s privileged documents, fraud, bribery and corruption on an industrial scale. Those efforts, which took place over many years, have finally been uncovered for all to see.

“It is imperative to point out that several agents of P&ID made overtures to the Government for settlement of this case. However, the resolve of the administration of President Bola Ahmed Tinubu not to go hands in gloves with fraudulent counterparties or condone corruption informed the position of the FRN to hold fast to its position not to settle. Indeed, earlier this morning, the President at the opening ceremony of the Nigeria Economic Summit Group, reiterated this cardinal position of his administration.

“History has been made today, as this judgment is no doubt significant in the annals of Nigeria and indeed Africa. This judgment has vindicated the government and should serve as a pointer to others who might be nursing or nurturing any plan to swindle Nigeria.

“The success recorded was as a result of close inter-agency collaboration of the FGN Team comprising the Office of the Honourable Attorney General of the Federation (HAGF)/ Federal Ministry of Justice (FMoJ), Economic & Financial Crimes Commission (EFCC), Nigerian Police Force (NPF), Central bank of Nigeria (CBN), Ministry of Petroleum Resources (MPR), the Nigerian National Petroleum Company Limited (NNPCL) Department of State Security (DSS) and the Nigeria Financial Intelligence Unit (NFIU),” he said.

How UK court judgment against P&ID freed Nigeria’s global assets from imminent risks – Fagbemi

(Nation)

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UK deports 43 to Nigeria, Ghana over immigration offences

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UK deports 43 to Nigeria, Ghana over immigration offences

The United Kingdom has deported 43 individuals to Nigeria and Ghana, citing immigration offences, including failed asylum applications and criminal convictions.

In a joint statement released by the Home Office and the Foreign, Commonwealth and Development Office (FCDO) on Friday, UK authorities confirmed the removal but did not specify the exact date of the deportations.

According to the statement, the deportees included 15 failed asylum seekers and 11 foreign nationals who had completed prison sentences. An additional seven individuals reportedly returned to their home countries voluntarily.

“Those removed had no right to be in the UK and included 15 failed asylum seekers and 11 foreign national offenders who had served their sentences. Seven people returned voluntarily,” the statement noted.

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However, the government did not clarify how many were sent to each country or confirm if all were nationals of Nigeria and Ghana.

Since Prime Minister Keir Starmer took office, the UK has organized two charter deportation flights to Nigeria and Ghana, removing a total of 87 people. In October, a record 44 individuals were deported in a single flight to both countries.

This shift comes after the collapse of the controversial UK-Rwanda migration deal, which was ruled unlawful by the UK Supreme Court in 2023. The deal aimed to relocate asylum seekers to Rwanda for processing and resettlement.

In response, the UK reportedly signed a deportation agreement with Nigeria to facilitate the return of undocumented migrants.

Following the latest flight, UK Border Security and Asylum Minister Angela Eagle expressed gratitude to the Nigerian and Ghanaian governments for their cooperation, calling the operation an example of strong international collaboration.

The UK government also noted that over 24,000 individuals have been removed from the country over the past year—an 11% increase compared to the previous year.

UK deports 43 to Nigeria, Ghana over immigration offences

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Zamfara okays 100% increase in NYSC members’ state allowances

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Zamfara okays 100% increase in NYSC members’ state allowances

National Youth Service Corps (NYSC) members posted to Zamfara State are set to receive double their previous state allowances following a directive by Governor Dauda Lawal.

The governor made this known on Friday during the opening ceremony of the 2025 Batch ‘A’ Stream I orientation course in Gusau. Represented by the Secretary to the State Government, Malam Abubakar Nakwada, Lawal reaffirmed his administration’s dedication to corps members’ security and welfare.

“I am happy to inform you that I have directed the resumption of payment of state allowances to all corps members in the state.“I have also directed the upward increments of corps members’ allowances by 100 percent.“My administration is also willing to pay special allowances to the medical corps members serving in the state,” he stated.

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He also encouraged the 550 corps members deployed to Zamfara to embrace the state’s cultural heritage and traditions.

“I assure corps members of adequate security and warm hospitality throughout their year of service in the state.“I wish to reiterate that we will pay full attention to your security and welfare.“We will give you all the necessary support to carry out your duties and will provide everything necessary to make your stay here a memorable one,” the governor added.

In his remarks, NYSC State Coordinator Mohammad Ahmad expressed gratitude for the state government’s ongoing backing of the scheme.

“We appreciate the state government for adequate provision of additional facilities as well as approval for the payment of state allowances to corps members,” Ahmad said.

Zamfara okays 100% increase in NYSC members’ state allowances

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Just in: Factional Zamfara assembly leaders want governor to represent budget

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Just in: Factional Zamfara assembly leaders want governor to represent budget

A factional House of Assembly has emerged in Zamfara state with members demanding the re-presentation of the 2025 Appropriation Bill by Governor Dauda Lawal.

The group, made up of nine lawmakers who were suspended in February 2024 over allegations of misconduct, conspiracy, and illegal sitting, convened in Gusau, the state capital, and declared the formation of a parallel legislative body.

At the session, the lawmakers elected Hon. Bashir Aliyu Gummi as Speaker of the factional assembly.

During the sitting, the faction addressed several issues, including the state’s deteriorating security situation, economic challenges, and the recent reports of mass sackings within the state civil service allegedly carried out by the Lawal administration.

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The group further demanded that Governor Lawal re-present the 2025 budget, arguing that the process followed in its initial passage was flawed. The governor had originally submitted the N545 billion Appropriation Bill to the widely-known State House of Assembly led by Speaker Bilyaminu Ismail Moriki in December 2024. The bill was passed and signed into law that same month.

Present at Wednesday’s session were Hon. Aliyu Ango Kagara (Talata Mafara South), Ibrahim Tudu Tukur (Bakura), Nasiru Abdullahi Maru (Maru North), and Faruk Musa Dosara (Maradun 1). Others included Bashar Aliyu (Gummi 1), Bashir Abubakar Masama (Bukkuyum North), Amiru Ahmed (Tsafe West), Basiru Bello (Bungudu West), and Mukhtaru Nasiru (Kaura Namoda North).

 

Just in: Factional Zamfara assembly leaders want governor to represent budget

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