The Federal Republic of Nigeria v Process and Industrial Developments Limited

Decisions and steps

1. 23 October 2023Awards set aside under section 68^S5S2
2. 8 December 2023Costs to be paid in sterling^S2
3. 12 July 2024Court of Appeal dismisses costs currency appeal^S2
4. 10 June 2025Court of Appeal refuses permission to appeal findings about a lawyer for P&ID, [2025] EWCA Civ 715^S6S7
5. 22 October 2025UK Supreme Court dismisses appeal, [2025] UKSC 36^S2

Claims this case bears on

• Supported95
  The English Commercial Court set aside P&ID's arbitral awards against Nigeria on 23 October 2023, holding they were obtained by fraud.
  Press report, 23 October 20234 records citedFraud
• Outdated96
  Arbitral awards required Nigeria to pay P&ID US$6.6 billion plus 7% interest, a liability reported to exceed US$11 billion.
  Press report, 23 October 20233 records citedCorporate status
• Contradicted91
  P&ID denied paying bribes and blamed the failure of the gas deal and Nigeria's arbitration loss on institutional incompetence.
  Press report, 23 October 20234 records citedBribery
• Supported89
  The Commercial Court found in October 2023 that P&ID's side gave knowingly false evidence in the arbitration, kept paying bribes during it and improperly retained Nigeria's internal legal documents.
  Court filing, 23 October 20235 records citedFraud

Sources

1. S5Tier A The Federal Republic of Nigeria -v- Process & Industrial Developments LimitedJudiciary of England and Wales. Court judgment. 23 October 2023.Judgment page giving the date, judge, citation and claim numbers. It holds no findings in the text read.Link working, checked 25 October 2026
2. S2Tier A Process & Industrial Developments Limited (Appellant) v The Federal Republic of Nigeria (Respondent)UK Supreme Court. Court judgment. 22 October 2025.Records the awards, the set aside for fraud and the costs appeals. The appeal concerned only the currency of costs.Link working, checked 25 October 2026
3. S6Tier A The Federal Republic of Nigeria v Process and Industrial Developments Ltd & AnorCourt of Appeal of England and Wales (Civil Division), via The National Archives. Court judgment. 10 June 2025.[2025] EWCA Civ 715. Paragraph 2 summarises the 2023 findings on false evidence, bribes during the arbitration and retained legal documents. The application concerned findings about a lawyer who acted for P&ID.Link working, checked 25 October 2026
4. S7Tier D Court of Appeal rejects appeal to remove critical findingsEssex Court Chambers. Academic paper. 10 June 2025.Chambers note reporting that the Court of Appeal refused permission to appeal findings about a lawyer for P&ID. It is not the judgment.Link working, checked 25 October 2026