
News
Nigeria wins $11bn P&ID case in London
The Business and Property Court in London on Monday halted the enforcement of the $11bn arbitration award in favour of P&ID against Nigeria in a case marked CL-2019-000752.
In a judgment delivered by Justice Robert Knowles, it was held that the process through which P&ID secured a 2010 contract to build a gas processing plant in Calabar, Cross River State, was fraudulent.
“In the circumstances and for the reasons I have sought to describe and explain. Nigeria succeeds in its challenge under section 68. I have not accepted all of Nigeria’s allegations. But the Awards were obtained by fraud and the Awards were and the way in which they were procured was contrary to public policy.
“What happened in this case is very serious indeed, and it is important that section 68 has been available to maintain the rule of law,” Justice Knowles said in his ruling, a copy of which was sighted by our correspondent in Abuja.
Nigeria has been involved in a fight with Process & Industrial since the company accused the Nigerian government of botching a deal by failing to provide gas to them.
The country had suffered a $6.6bn judgement debt in 2017 when the arbitration tribunal ordered the country to pay P&ID with interest to start counting from March 2013.

Two Irish businessmen to gain $3bn if Nigeria loses P&ID case in UK
P&ID, in its claims, said Nigeria violated the terms of its agreement by failing to provide gas for the power plant it wants to build for the country.
The government of Former president Goodluck Jonathan reached an out-of-tribunal agreement for the payment of $850 million and passed on disbursement to the administration of President Buhari.
Buhari baulked at the idea of paying the negotiated sum, set aside the settlement agreement, and challenged the enforcement of the award before the English Commercial Court. But the London court added $2.4 billion in interest, making it $9bn.
The judge granted Nigeria’s request for a stay on any asset seizures while its legal challenge is pending but ordered it to pay $200 million to the court within 60 days to ensure the stay. It also must pay some court costs to P&ID within 14 days.
The original decision on August 16 converted an arbitration award held by P&ID to a legal judgment, which would allow the British Virgin Islands-based firm to try to seize international assets.
In 2018, Nigeria began investigating the company through the EFCC and found evidence of two bank transfers totalling $20,000 made by Dublin-based Industrial Consultants (International) Ltd. — part of the P&ID group of companies—to Grace Taiga, a Nigerian government lawyer who oversaw the award of the gas plant contract.

News
Anambra Police arrest two over kidnap, murder of Bishop in Delta
A middle-aged man has been arrested over alleged involvement in gruesome murder of his employer, a Pentecostal Bishop of End-reconciliation Ministry Asaba, Delta State.
The suspect was said to have also attempted to dispose of the deceased Toyota Prado Jeep in Nkpor, Idemili North Local Government Area of Anambra State before his arrest.
Confirming the incident on Wednesday while briefing newsmen, Commissioner of Police, State Command, CP Ikioye Orutugu said the suspect was arrested together with his accomplice alleged to be the buyer of the stolen vehicle.

The vehicle of the murdered Bishop
He said the stolen vehicle was also recovered from the suspects during the operation.
According to Orutugu, “The breakthrough followed a swift intelligence-led operation by Operatives attached to the Rapid Response Squad (RRS), Awkuzu, which led to the arrest of the suspect and another individual alleged to be the buyer of the stolen vehicle.

“Preliminary investigation reveals that the suspect, who served as the Bishop’s driver and domestic staff, allegedly conspired with yet-to-be-identified criminal elements to murder the cleric before fleeing with the victim’s Prado Jeep to Anambra State for sale.
“Police Operatives, acting on credible information, tracked and intercepted the suspects in Nkpor, successfully recovered the stolen vehicle, and took them into custody for further interrogation.”
According to CP, investigations are ongoing to apprehend other members of the criminal gang involved in the incident and fully unravel the circumstances surrounding the unfortunate murder.
He advised residents to exercise due diligence in the recruitment and management of domestic staff, drivers, and other household employees.
Orutugu also urged members of the public to properly profile and verify the identities of persons employed in their homes and establishments, while also remaining vigilant to suspicious behaviours and activities.
“We assure the public that the Command remains committed to proactive policing, intelligence-driven operations, and collaboration with sister security agencies to ensure the safety of lives and property across the State.
While speaking to newsmen, the bishop’s driver said, “immediately we arrived home and my boss asked me to open the gate, I didn’t know that some people were trailing behind us.
“One of them rushed me, ordered me to lie down and marched my head and hit it with the gun. They went inside and met my master.
“They threatened to kill me if I raise alarm or call the police. They asked me to contact someone from Onitsha who will buy the vehicle. The buyers came this morning and took the vehicle.”

News
Driver kills employer in Delta, flees with vehicle to Anambra
A personal driver of a Pentecostal bishop of End-Reconciliation Ministry in Asaba, Delta State, has been arrested for allegedly killing his employer and fleeing with his vehicle, a Toyota Prado Jeep.
The driver, whose identity has yet to be disclosed due to ongoing investigations, was arrested alongside another suspect in Nkpor, Idemili North Local Government Area of Anambra State, while attempting to sell the vehicle.
The Commissioner of Police in Anambra, CP Ikioye Orutugu, disclosed this during a press briefing at the Command’s headquarters in Awka, on Wednesday, adding that the suspect murdered the cleric before fleeing with his vehicle to Anambra to sell.
Orutugu said the arrest followed a swift intelligence-led operation by operatives attached to the Rapid Response Squad, Awkuzu, which led to the arrest of the suspect and another individual alleged to be the buyer of the stolen vehicle.
He said the driver conspired with some criminal elements still at large, to kill his employer, adding that investigations are ongoing to apprehend other members of the criminal gang involved in the incident and fully unravel the circumstances surrounding the unfortunate murder.
He said, “The operatives of the Anambra State Police Command arrested a domestic staff member allegedly involved in the gruesome murder of his employer, a Pentecostal Bishop of End-Reconciliation Ministry in Asaba, Delta State, and the subsequent attempt to dispose of the victim’s Toyota Prado Jeep in Nkpor, Idemili North Local Government Area of Anambra State.

“The breakthrough followed a swift intelligence-led operation by Operatives attached to the Rapid Response Squad, Awkuzu, which led to the arrest of the suspect and another individual alleged to be the buyer of the stolen vehicle.
“Preliminary investigation reveals that the suspect, who served as the Bishop’s driver and domestic staff, allegedly conspired with yet-to-be-identified criminal elements to murder the cleric before fleeing with the victim’s Prado Jeep to Anambra State for sale.
“Police operatives, acting on credible information, tracked and intercepted the suspects in Nkpor, successfully recovered the stolen vehicle, and took them into custody for further interrogation.”
The CP stated that investigations are ongoing to apprehend other members of the criminal gang involved in the incident and fully unravel the circumstances surrounding the unfortunate murder.
Orutugu advised the public to exercise due diligence in the recruitment and management of domestic staff, drivers, and other household employees.
He urged members of the public to properly profile and verify the identities of persons employed in their homes and establishments, while also remaining vigilant to suspicious behaviours and activities.
“We assured the public that the Command remains committed to proactive policing, intelligence-driven operations and collaboration with sister security agencies to ensure the safety of lives and property across the State,” the CP added. (The PUNCH)

News
EFCC arrests energy commission DG over N500bn fraud allegations
Operatives of the Economic and Financial Crimes Commission have arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over alleged money laundering offences.
A source within the anti-graft agency, who spoke on condition of anonymity because he was not authorised to speak on the matter, disclosed on Wednesday that Abdullahi was arrested in Abuja and is currently in the custody of the commission.
According to the source, the alleged fraud involves funds estimated at N500bn.
“We have arrested the Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi, for money laundering offences. He was arrested and is currently in our custody. The money Is to the tune of N500bn,” the official said.
Efforts to get confirmation from the EFCC spokesperson, Dele Oyewale, were unsuccessful as he could not be reached as of the time of filing this report.
President Bola Tinubu had on October 24, 2023 appointed Abdullahi as Director-General of the Energy Commission of Nigeria.


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