Nigerian jurist Barrister Audu Bulama Bukarti said taking a negotiation or settlement agreement is a pretext for a dispute between the Nigerian government and a gas company.
The dispute between Process and Industrial Developments Ltd over a London court ruling has allowed the company to seize more than $ 9 billion in Nigerian assets.
The ruling came as a surprise to the Nigerian authorities following the dissolution of a gas pipeline agreement between the two parties in 2010.
Bukarti told the BBC that if the Nigerian government agreed to pay P&ID of these estimated five-fifths of its overseas assets, the Nigerian economy could collapse.
According to the lawyer, the decision of the English court to direct the decision of the Nigeria court would not be satisfactory to the court, as no appeal has been made to allow the Nigerian court. file her complaint to the court.
He said Nigeria is likely to go before the English High Court to order the seizure of Nigerian properties, stating that it was already under contract.
Nigerian government officials will appear before the court on Thursday to challenge the ruling, a move that Baru Bukarti seems to have oversimplified the length of time Nigeria has taken in 2013 without any protests. ordered by the court no.
The Minister of Justice, Abubakar Malami, is leading the country's officials to file a complaint before the London court.
In an interview with the BBC, the teacher said in 2010 that the company had proposed its intention to set up a gas industry but said that the companies responsible for providing it to P&ID gas were not included in the agreement, that is why the company and the Nigerian government have signed the agreement in the first place.
He said the company "did not seek the ground or place where it should operate, it did not build the industry, nor did it convey the intention to operate in Nigeria in this respect." But in 2014, the London court ruled that the Nigerian government was in breach of the agreement because it failed to provide the gas needed by the company.
The minister said the court's power to seize the company from Nigeria was 30% of this year's budget.
The money that supersedes the overall budget set aside for spending on health, education and security in 2019.
"We will not provide a forum for dialogue and co-operation," the Justice Minister said.
He added that they did not agree with the court's directive not to dissociate Nigeria from its assets, stating that it was their intention to see what would trigger the ban.
0 Comments