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2.9.19

PID allegedly ready to negotiate with Nigeria again over $9.6 B Judgement Debt


The Process and Industrial Development company. through its PR firm, has advised the Buhari administration to desist from it's current probe and "campaign of baseless slander", accept the reality of the judgement of the court of England and " appoint an authorised party to enter into real negotiations ", according to the Punch. The newspaper wrote to the lawyers representing PID on Friday and got a reply on Sunday from their PR firm. PID seems to prefer cash settlement to seizing Nigeria's assets abroad. Read it at thePunch.

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