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Former president Muhammadu Buhari has hailed the recent victory in the $11 billion Process & Industrial Developments arbitration award dispute as thwarting an “attempted heist of historic proportions.”
Buhari said amid the demand that Nigeria must pay the arbitration award, he tasked the late Abba Kyari, who was his chief of staff then, and Abubakar Malami, former attorney-general of the federation, to look for ways Nigeria could get a fair hearing. “It was clear that far from the whole story had been told. I tasked Abba Kyari, my chief-of-staff and Attorney General of the Federation, Abubakar Malami, with finding a way, even at that late stage and despite so much conflicting advice, to get us a fair hearing.
Buhari stressed the need to follow due legal process in resolving disputes, saying, “My own view is that this whole, sorry affair shows how important it is to follow the legal process in resolving a dispute,”
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