$11bn P&ID debt: Tinubu elated by UK court judgment

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$11bn P&ID debt: Tinubu elated by UK court judgment
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Mohammad Idris, the Minister of Information and National Orientation, has said that President Bola Tinubu was elated by the United Kingdom court's reversal of $11 billion awarded against Nigeria.

Idris stated this while answering questions from the state house correspondents at the end of the weekly Federal Executive Council , held at the Presidential Villa, Abuja, on Monday. He said, ”Let me reiterate that Nigeria actually saved $11.6bn by that singular judgment. You recall that this isn’t a case that was instituted against this administration. ”It is against the Federal Government of Nigeria over the years.

”So, it was actually a very delightful moment during the Federal Executive Council meeting when the news filtered in that Nigeria had indeed won this case. And of course, as expected, the President was very elated. ”So also were members of the Finance Council. We are all very happy that that news filtered in and this is one direction that Mr president is going, ensuring that things are dealt with expeditiously, responsibly and with utmost responsibility.

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