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Nairaland Forum / Nairaland / General / Politics / How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam (478 Views)
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How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by TheRareGem1(f): 7:37pm On Oct 23, 2023 |
Previous thread https://www.nairaland.com/6099905/how-osinbajo-detected-p-id Nigeria has achieved a monumental legal victory, successfully overturning an $11 billion damages bill associated with a collapsed gas project. This remarkable success is attributed,… Nigeria has achieved a monumental legal victory, successfully overturning an $11 billion damages bill associated with a collapsed gas project. This remarkable success is attributed, in large part, to the vigilant and unwavering intervention of former Vice President Prof Yemi Osinbajo. In a case that exemplified the devastating impact of greed and corruption, Nigeria had been ordered to pay Process & Industrial Developments (P&ID), a company based in the British Virgin Islands, a sum equivalent to around one-third of the nation’s foreign exchange reserves. The pivotal moment in this case came when it was revealed that P&ID had engaged in bribery with a Nigerian oil ministry official during the gas contract’s signing in 2010. Crucially, P&ID had failed to disclose this corrupt act when initiating arbitration against Nigeria over the contract’s collapse. Nigerian President Bola Tinubu has articulated his profound contentment with the recent legal verdict, underscoring its significance as a pivotal moment in which sovereign nations will no longer be vulnerable to economic intrigues orchestrated by private entities and unscrupulous officials. He heralded this outcome as a resounding victory for not only Africa but also the broader developing world, both of which have endured the weight of inequitable economic misconduct and exploitation for an extended duration. https://dailytrust.com/how-ex-vp-osinbajo-saved-nigeria-from-11-4bn-pid-scam/ Cc mynd44 lalasticlala seun 2 Likes
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Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by Temmy1997(f): 7:53pm On Oct 23, 2023 |
Osinbajo is the best former Nigeria Vice President ever. He fought for it since 2020 i think and how the result is out. Kudos to him. 4 Likes |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by Jadiks: 7:55pm On Oct 23, 2023 |
Nigeria don't celebrate good people |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by White000(f): 7:56pm On Oct 23, 2023 |
Appreciate your doings |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by Kukutente23: 8:01pm On Oct 23, 2023 |
Everyone is rushing to claim the success now If it had failed no one will go near it with a long pole Give the credit to Malami abeg |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by BOSSkesh(m): 8:03pm On Oct 23, 2023 |
Osinbanjo the Judas |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by Babangidapikin: 8:07pm On Oct 23, 2023 |
Thanks to the judge and defense lawyer .. Thanks to the immediate Vice President if he is deserving of the accolades. |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by benuejosh: 9:26pm On Oct 23, 2023 |
Yet again, Tinubu saves Nigeria. Osinbajo is the political product of who? Keep the answer to your chest. If e pain you, make e pain you. If you're happy with your answer then give me high five because we go chop and enjoy this country. |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by SadiqBabaSani: 10:09pm On Oct 23, 2023 |
I am still trying to see Osibanjo’s effort here |
Re: How Ex-vp Osinbajo Saved Nigeria From $11.4bn P&ID Scam by FreeStuffsNG: 11:49pm On Oct 23, 2023 |
TheRareGem1:Haba, It's President Muhammadu Buhari. His VP can't even go one step without his approval. If PMB has not been obstinate and refused to pay, the money would have left the treasury. Prof Osinbajo contributed excellently no doubt and that's why he is an important member of the Buhari Presidency. God bless PMB. God bless PYO. God bless Nigeria for ever! |
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