The Nigerian Senate has on Tuesday, summoned the Attorney-General of the Federation, AGF and Justice Minister, Abubakar Malami, to appear before it concerning the $9.6 billion failed project claim by Project and Industrial Development, P&ID.
Also summoned are the governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, and other relevant agencies to the issue.
The Senate’s decision to summon the top government officials followed ‘order 42’ cited by a lawmaker, Bamidele Opeyemi, during plenary.
Mr Opeyemi said there was the need to invite Malami and other relevant stakeholders to brief the relevant committees of the Senate on the judgment debt on Nigeria by a United Kingdom industrial court.
The upper chamber, after deliberation, resolved to invite Malami and other stakeholders “including officials of NNPC and professional arbitrators to comprehensively brief the relevant committees of the Senate on the details of the 2010 contract.”
Recall that Mr Malami had said the federal government would do whatever it takes to protect the interest of Nigeria in relation to the $9.6 billion claim by the P&ID.
The money is being claimed for an alleged failed gas project, but Reuters says policy makers in Nigeria express belief that the government may not leave out the possibility of settlement with P&ID.