Thursday, 19 September 2019 02:45

Reps probe $9.6bn P&ID UK judgement debt

 
 

The speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, yesterday, constituted an ad hoc committee to investigate the recent judgement debt of $9.6 billion by a commercial court in the United Kingdom against Nigeria.

 
 

The ad hoc committee, which is headed by Hon. Sada Soli (APC, Katsina), is to invite the ministers of petroleum, justice and other officials of the ministries, saddled with the responsibility to negotiate the agreement with P&ID and the prosecution of the matter before the tribunal to give situational report on the matter and explain the lapse in judgement of time and due diligence in the handling of the case with a view to finding lasting solutions to the avalanche of extant and future cases.

 

The resolution to constitute the committee followed the unanimous adoption of a motion sponsored by Hon. Julius Ihonvbere (APC, Edo) at yesterday’s plenary.

 

NewTelegraph

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