Featured

Buhari, Not Jonathan to Be Blamed for $9bn Judgement Debt, Says P&ID

Published

6 years ago

August 30, 2019

Eric

The attempt by President Muhammadu Buhari to pin the $9billion British court’s judgement debt on former President, Goodluck Jonathan, has been dismissed by the Process and Industrial Developments Limited (P&ID), the very Irish company, that is in the thick of the entire saga.

P&ID in a clear statement, on Friday, completely absolved the former President of culpability and blamed both Buhari and the Attorney General, Abubakar Malami responsible for the development.

The company, in attempt to set the record straight, P&ID, detailed how the Buhari government, practically slept on the issue and accused Malami particularly of trying to revise history and introduce allegations of contract fraud.

Read the full statement:

Malami’s Revisionist History

It is another day, and with it comes another attempt from the Nigerian Government to create a fictional history of the P&ID case.

This week’s series of desperate conspiracy theories point to something deeper: the Buhari Administration is refusing to admit its own role in the P&ID case from 2015-2019 after it came into office.

Appearing on CNBC Africa, Attorney General Abubakar Malami sought to wipe his hands and the hands of the Buhari Administration clean when he stated, “[t]he government as a unit was delicately involved. And that was the government in 2010, the award was in 2012, and then three years thereafter the current administration under the leadership of Muhammadu Buhari came into place. So the time when this administration came to place in 2015, the award was over three years, there was no appeal, no application for execution, no application to set the award aside.”

Attorney General Malami seems to have a case of amnesia.

Let’s set the record straight:

May 3, 2015: P&ID offers to settle the dispute with the Nigerian Government for $850mm. President Goodluck Jonathan indicates they are handing over the negotiations to the incoming Buhari Administration.

May 29, 2015: Muhammadu Buhari is sworn in as the 15th President of Nigeria, but fails to appoint a cabinet for five months.

July 17, 2015: The Arbitration Tribunal found in favor of P&ID (i.e. – the Liability Award). The new Buhari Administration did not make any attempts at settling or negotiating with P&ID, and did not make any effort to challenge the decision.

November 11, 2015: Attorney General Malami was sworn in November 11, 2015, just under three months after the Liability Award.

May 27, 2016: The Arbitration Tribunal wrote to the Nigeria Government confirming that: “As the parties will be aware from Procedural Order No 12, the Tribunal has decided that the seat of the arbitration is England. It follows that the Federal Court of Nigeria had no jurisdiction to set aside its Award.” Neither Attorney General Malami, nor any representative of the Buhari Administration did anything in response other than continue with the proceedings, thereby tacitly accepting the analysis of the Arbitration Tribunal.

June 24, 2016: Having failed to set aside the Liability Award by falsely claiming the seat of arbitration was in Nigeria; not England, Attorney General Malami wrote personally to the arbitrators to say “my office has taken over the handling of the above arbitration on behalf of the Ministry of Petroleum Resources.” He asked for and obtained an extension of time to file a defence to quantum, and appointed his own legal team in place of the Ministry of Petroleum Resource’s legal team.

August 30-31, 2016: The Quantum Hearing (i.e. – amount of damages payable) takes place in London. Attorney General Malami’s legal team conducted Nigeria’s defence at the quantum hearing. Expert witnesses as to quantum were called to give evidence and were cross-examined.
After the Quantum Hearing, Attorney General Malami instructed his lawyers to request a standstill agreement, which would take effect from the date of the Award.

This fact has never been publicly reported until today.

January 31, 2017: The Arbitral Tribunal issued a final award, ordering Nigeria to pay P&ID $6.5 billion plus $2.3 billion in uncollected interest as of March 2018.

February 17, 2017: The Award on Quantum was delivered to the parties on February 17, 2017. Despite the 60-day standstill having been agreed by P&ID, Attorney General Malami made no attempt to negotiate with P&ID during the 60 days following the handing down of the Quantum Award.

April 28, 2017: After the 60 days had expired, Attorney General Malami instructed his lawyers to write to P&ID’s lawyers and explained that “The delay was occasioned by the bureaucracy of the Federal Government in a bid to determine a reasonable strategy after receipt of the Arbitral award.” The Attorney General’s lawyers added: “we now have the authority of the Vice President of the Federal Republic of Nigeria to meet with the Claimant to negotiate the Terms of the Arbitral award.”

Today: In the lead up to the judgment by the English Commercial Court, Attorney General Malami allowed the time for acknowledging service in both the United States and London to lapse without filing any response. In both jurisdictions, Nigeria’s lawyers Curtis Mallet had to apply for ex post facto extensions of time and make the necessary apologies and explanations to the court.

In London, a senior Curtis Mallet partner explained that the Claim Form was “immediately filed and not passed up the chain of command” at the Ministry of Justice. The partner pleaded that “the delay was neither deliberate nor intended to be disrespectful to the Court.”

In the US, Curtis Mallet explained that the deadline was missed because they were in the process of being formally retained by the Nigerian Government and had been instructed to enquire about the potential for a settlement

The Attorney General’s pronouncements in the Nigerian press are a clear attempt to cover up his own incompetence and that of the Buhari Administration. This is a matter, which could have been settled shortly after he took office in November 2015 for $850 million. Instead, he personally took the decision to gamble on the arbitration and turned an $850 million liability into a $9.6 billion liability.

And at no time since has Attorney General Malami assumed responsibility has he raised any allegation of fraud or scam, either in the arbitration or in the subsequent enforcement proceedings. The reason for this is that there was no fraud. All of this raises serious concerns for foreign investors in Nigeria, whether you are investing in a commercial enterprise or buying Eurobonds. Not only will Nigeria deliberately refuse to pay an international arbitration award backed by an English Court, but they are prepared to launch sham investigations and character assassinations when all else fails.

This is a serious assault on the Rule of Law by a demonstrably dishonest administration.

Meanwhile, P&ID is now focused on vigorously enforcing its legal rights in the UK, including seizing Nigerian assets to satisfy the award. This will begin as soon as possible.

Source: whirlwindnews

Featured

Sunny Irakpo Launches SILEC International Magazine in America

Published

7 hours ago

December 8, 2025

Eric

Drug Use Prevention Advocate, Founder and President of SILEC Initiatives, and U.S. Department of State Exchange Alumnus, Ambassador Sunny Irakpo, has unveiled SILEC International Magazine (SIM), a groundbreaking media platform exclusively dedicated to reporting drug-related issues across Africa, the United States, and the global community.

The announcement was made during a strategic meeting with partners in New Jersey, where Ambassador Irakpo is currently participating in a series of community-based and public-safety initiatives to deepen his expertise in combating substance use disorders and illicit drug trafficking both in the United States and worldwide.

A First-of-Its-Kind Platform for Drug-Focused Journalism

Ambassador Irakpo emphasized that SIM is designed to shape public consciousness by promoting value-driven storytelling and providing credible information on the rising tide of drug abuse and illicit trafficking—a crisis he describes as “a looming danger destroying the vibrant youth populations of many nations.”

He noted that the magazine will spotlight the work of NGOs, CEOs, advocates, and policymakers, churches, and companies with strong social responsibility particularly from African perspectives, while amplifying influential voices and advancing global understanding of effective anti-drug efforts.

Drawing inspiration from media leaders such as Dele Momodu, Chairman of Ovation Media Group, and Dr. John Momoh, Chairman of Channels Television, Irakpo described SIM as “a beacon of hope and a tool for societal transformation.”

Recognizing U.S. Efforts Against Drug Abuse and Trafficking

Ambassador Irakpo commended the United States for its continued commitment to combating drug trafficking and addiction—efforts strengthened under previous and current administrations. He particularly noted that the U.S. government under President Donald Trump demonstrated “exceptional courage, political will, and capacity in confronting the opioid crisis and the destructive forces fueling illicit drug trade,” encouraging world leaders to emulate such resolve.

He reiterated that addressing substance abuse requires a combination of drug-demand reduction, citizen sensitization, international collaboration, and sustained public education.

A Platform With Social Impact and Youth Empowerment at Its Core

Irakpo highlighted SIM as a top-tier media platform that will not only drive awareness but also create employment opportunities for young people and support underprivileged students—particularly in Nigeria, where more than 20 million children remain out of school due to financial hardship.

He added that SIM will serve as a sustainability engine for the ongoing anti-drug overdose campaigns of SILEC Initiatives, a leading nonprofit that has educated and sensitized communities for nearly two decades.

Experienced Editorial Leadership

As SIM prepares for its U.S. take-off, Irakpo announced the appointment of veteran journalist Julius Eto as Chairman of the Editorial Board. Eto brings more than four decades of experience across Nigeria’s premier news organizations, including The Guardian, ThisDay, The Punch, Daily Times, and The Trumpet.

He will be joined by distinguished academics including Prof. Oscar Odion Odiboh and other seasoned professionals committed to advancing the magazine’s mission.

A Call for Media Reawakening and Global Collaboration

Ambassador Irakpo called for a media renaissance in Nigeria to strengthen societal values and elevate African leadership in global discourse. SIM, he said, intends to claim its rightful place as “an African voice on the world stage.”

With the official launch of SILEC International Magazine (SIM) scheduled for the first quarter of 2026 in the United States, Ambassador Irakpo extended an invitation to corporate organizations, development partners, and well-meaning individuals worldwide to support this far-reaching vision.

“With hope, determination, and the resilience symbolized by the eagle, SIM is prepared to soar across the globe. Members of the public are respectfully enjoined to visit our friendly, rich anti-drug abuse website, www.silecinitiatives.org.ng,” he added.

Featured

How Tinubu Helped to Crush Military Coup in Benin Republic – Presidency

Published

11 hours ago

December 8, 2025

Eric

The Presidency, on Sunday night, said acting on the two requests by the authorities of Benin Republic, President Bola Tinubu ordered Nigerian Air Force fighter jets to enter the country and take over the airspace to help dislodge the coup plotters from the National TV and a military camp where they had regrouped.

The Presidency, in a statement by Special Adviser to the President on Information and Strategy, Bayo Onanuga, said President Tinubu commended the swift response of the gallantry of Nigeria’s military.

The statement read: “President Bola Tinubu has commended the gallantry of Nigeria’s military on Sunday for responding swiftly to the request by the Government of Benin Republic to save its 35-year-old democracy from coup plotters who struck at dawn today.

“Acting on two separate requests from the Government of Benin, President Tinubu first ordered Nigerian Air Force fighter jets to enter the country and take over the airspace to help dislodge the coup plotters from the National TV and a military camp where they had regrouped.

“The Republic of Benin, through its Ministry of Foreign Affairs, in a Note Verbal, requested immediate Nigerian air support “in view of the urgency and seriousness of the situation and to safeguard the constitutional order, protect national institutions and ensure the security of the population.”

“In the second request, the authorities in Benin requested the deployment of Nigerian Air Force assets within Beninoise airspace for surveillance and rapid intervention operations under Benin-led coordination.

“The Benin government also requested Nigerian ground forces, “strictly for missions approved by the Beninese Command authority in support of the protection of constitutional institutions and the containment of armed Groups.”

“Nigeria’s Chief of Defence Staff, General Olufemi Oluyede, said all the requests have been fulfilled, with Nigerian ground forces now in Benin.

“Ours is to comply with the order of the Commander-in-Chief of our armed forces, President Tinubu,” he said.

He further stated: “Constitutional order was upended in the Republic of Benin, Nigeria’s neighbour, when some soldiers led by Colonel Pascal Tigri announced a coup on Sunday morning. The putschists seized the National TV and claimed they had toppled President Patrice Talon and suspended all democratic institutions.

“It took some hours before the government’s loyal forces, assisted by Nigeria, took control and flushed out the coup plotters from the National TV.

“In his remarks after the restoration of the democratic and constitutional order, President Tinubu saluted the Nigerian armed forces for standing firm as a protector and defender of democracy.

“Today, the Nigerian armed forces stood gallantly as a defender and protector of constitutional order in the Republic of Benin on the invitation of the government. Our armed forces acted within the ambit of the ECOWAS Protocol on Democracy and Good Governance.

“They have helped stabilise a neighbouring country and have made us proud of their commitment to sustaining our democratic values and ideals since 1999. Nigeria stands firmly with the government and people of the Republic of Benin.”

Featured

Ozekhome, Wife Josephine, Celebrate 34 Years of Marital Bliss

Published

23 hours ago

December 7, 2025

Eric

By Eric Elezuo

Popular Constitution lawyer and renowned human rights activist, Prof Mike Ozekhome, and wife, Lady Josephine Ozekhome, has celebrated 34 years of living together as husband and wife.

The couple took time out to shower love, encomium and affection on each other, celebrating the goodness of Godd upon their lives and home in the last 34 years.

Speaking exclusively to The Boss, Ozekhome noted that on a day like this “I remember how we started; how we weathered the storm together, and conquered together. She is the best companion anyone can have, and I’m very proud of her, and to be her husband.”

Ozekhome once stated that his wife is “a great woman of uncommon virtues and humanity; my jewel of inestimable value, soulmate, sister, best friend and mother.”

While the wife is identified as Lady (Dr) (Senior High Chief) Josephine Mike Ozekhome LL.M, LSM, LL.D. D.Sc., the renowned constitution lawyer, a dotting and loving husband, and firebrand pro-masses Advocate, os identified as Prof Mike Ozekhome SAN, CON, OFR, Ph.D, LL.D, D.Litt,D.Sc., among a host of other watering achievements.