Publisher
Peoples Gazette
3 published claims from Peoples Gazette appear in the database. The labels below compare each sampled claim with the record. They do not rate the publisher as a whole.
- Supported1
- Contradicted1
- Outdated1
Sampled claims
- Supported95The English Commercial Court set aside P&ID's arbitral awards against Nigeria on 23 October 2023, holding they were obtained by fraud.
- Outdated96Arbitral awards required Nigeria to pay P&ID US$6.6 billion plus 7% interest, a liability reported to exceed US$11 billion.Process and Industrial Developments LimitedPress report, 23 October 20233 records citedCorporate status
- Contradicted91P&ID denied paying bribes and blamed the failure of the gas deal and Nigeria's arbitration loss on institutional incompetence.
Reports and statements sampled
- UK court overturns $11 billion damages bill for collapsed gas deal against NigeriaPress report, 23 October 2023
Responses on record
- Process and Industrial Developments Limited, 23 October 2023, on this claim: P&ID denied the bribery allegations and blamed institutional incompetence, as reported by the Peoples Gazette.S3
Sources
- S3Tier C UK court overturns $11 billion damages bill for collapsed gas deal against NigeriaPeoples Gazette (Olumayowa Samuel, citing Reuters). Press report. 23 October 2023.Reports the ruling, the judge's words and P&ID's denial. It is not a court record.Link working, checked 25 October 2026