JUDICIARY
P&ID: Presidency Lauds Judgment on $10billion Debt

By Mathew Dadiya, Abuja
The Presidency Friday, expressed satisfaction with the judgment by the UK Court granting Nigeria’s application for an extension of time and relief from sanctions in a $10 billion arbitration case with Process and Industrial Development Limited (P&ID) in Nigeria.
On January 31, 2017, a tribunal had ruled that Nigeria should pay P&ID $6.
6 billion as damages, as well as pre- and post-judgment interest at 7 percent, bringing the current outstanding amount estimated at $10 billion.Reacting to the Thursday’s judgment, the Presidency in a statement by the Senior Special Assistant to the Presdent on Media and Publicity, Garba Shehu stated that, ”in our view, the judgment is right, just and provides a strong prima facie case that the fraudulent gas deal with P&ID and the subsequent judgment debt of $10 billion against Nigeria was a clear attempt to cheat the country of billions of dollars by a company that had not invested one Naira in our country.
”It said that on the arbitration award, ”it is a source of huge satisfaction that the UK Court, among others, had ruled that:
‘‘Nigeria has established a strong prima facie case that the Gas Supply and Processing (GSPA) was procured by bribes paid to insiders as part of a larger scheme to defraud Nigeria.
‘‘There is also a strong prima facie case that (P&ID) main witness in the arbitration, Mr Quinn, gave a perjured evidence to the Tribunal, and that contrary to that evidence, P&ID was not in the position to perform the contract.’’
The Presidency expressed delight with the processes that led to this outcome in the English Court, noting that it has given relief to the Nigerian government to further protect the nation’s assets from ”criminally-minded organisations and individuals.”
The views of the UK court thus provided sufficient grounds for the Federal Government to go ahead and challenge the frauds perpetrated by the company and overturn the arbitration award.
“President Muhammadu Buhari therefore, commends the team of lawyers who represented Nigeria in the matter with P&ID and reassures all well-meaning Nigerians and the international community of his unwavering commitment to fight corruption in all its forms and manifestation,” the statement said.
Thursday’s ruling was a landmark victory for Africa’s leading oil producer in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID).
Delivering his judgement on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of time and relief from sanctions.
CRIME
Court Remands Man, 24, Over Alleged Rape

An Ado-Ekiti Chief Magistrates’ Court on Tuesday, ordered the remand of a 24-year-old man, Elijah Innocent, at the correctional centre in Ado-Ekiti for alleged rape.
The defendant, whose address was not provided, is facing trial for alleged rape.
His plea was however not taken by the Chief Magistrate.
The Police prosecutor, Insp Akinwale Oriyomi, told the court that the defendant committed the offence on May 19 at about 12:30 a.
m., in Oye-Ekiti.Oriyomi alleged that the defendant raped a 19-year-old student of Federal University of Oye-Ekiti.
He said that according to the statement of the victim, the defendant went to the victim’s hostel, met the victim and her friend and demanded for their phones.
He added that the defendant, thereafter, asked the victim’s friend to go inside the kitchen, and raped her.
According to him, the offence contravenes Section 265(1) of the Criminal Law of Ekiti State, 2021.
The prosecutor urged the court to remand the defendant in the correctional centre pending legal advice from the office of Director of Public Prosecution (DPP).
The Chief Magistrate, Mr Abayomi Adeosun, ordered the remand of the defendant at the correctional centre, pending issuance of legal advice.
He adjourned the case till July 8 for mention.
In a separate matter involving the defendant, Oriyomi told the court that the defendant and others now at large committed an offence of stealing on Feb.2 at about 12:40 p.m in Oye-Ekiti.
He alleged that the defendant and others at large stole one Techno phone and one power bank both valued at N185, 000 belonging to one Ige Favour.
The defendant, however, pleaded not guilty to the charge preferred against him.
Oriyomi said the offence contravened Section 302(1) (a) of the Criminal Law of Ekiti State, 2021.
The prosecutor asked the court for an adjournment to enable him to study the case file and present his witnesses.
However the counsel to the defendant, Mr Oluwafemi Alabi, urged the court to grant the defendant bail, with a promise that he would not jump bail.
The Chief Magistrate granted the defendant bail in the sum of N50, 000 with one surety in like sum.
He adjourned the case till July 8 for hearing. (NAN)
CRIME
Bricklayer Bags Life Imprisonment for Defiling Minor in Toilet

An Ikeja Sexual Offences and Domestic Violence Court on Monday sentenced a Bricklayer, Azeez Shoderu, to life imprisonment for defiling his neighbour’s eight -year-old daughter in a toilet.
Justice Rahman Oshodi sentenced Shoderu after he found him guilty of the one-count charge of defilement proffered against him by the Lagos State Government.
Oshodi held that the prosecution successfully proved the offence of defilement against the convict.
According to him, the survivor’s testimony is well corroborated with the testimony of the investigative police officer, who also testified before the court.
He said the evidence of the convict was inconsistent and all attempted to distant himself from the offence did not hold waters.
Oshodi said: “The prosecutrix (survivor) gave a compelling, eyewittness evidence before this court that the convict, alias chisco ‘took me to the toilet, carried me on his lap, covered my mouth and put his thing in my ‘bumbum’.
“The prosecutrix identified the convict as his neighbour and when one of their neighbours saw them, he threw her into the other bathroom and ran away.
“Her evidence was consistent throughout her examination-in-chief that the convict removed her pant and put her on his lap,” the judge said.
The judge also said that the convict’s action had undoubtedly inflicted deep psychological wounds that might take a lifetime to heal.
The court further held that the convict admitted that he interacted with the child at the compound, where he claimed to have asked the child to bring water to him in the toilet.
However, the child narrated that she went to urinate at the bathroom, where the convict thereafter covered her mouth, placed him on his lap and had sexual act with her.
Meanwhile, the convict denied that nothing happened when taken to the police station.
During his arraignment on Sept. 29, 2023, he pleaded not guilty.
The court held that the convict was a squatter on Ago-Hausa Street in Ajegunle, Lagos, where he interacted with the child, and confirmed that he was at a toilet facility where the survivor was also present.
The court held that the evidence of the survivor was corroborated by the medical report, the Investigating Police Officer and medical doctor’s evidence showed that the convict committed the offence.
The judge noted that a child that had not attained the age of 18 was incapable of consenting to sexual activity.
The court having found the convict guilty, hereafter sentenced him to life imprisonment and ordered that his name should be registered as a sex offender.
The state counsel led by Mr Dare Dada presented three witnesses and tendered exhibits in court to prove the charge against the convict during trial while the defendant testified in his own defence.
According to the prosecution, the offence contravenes Section 137 of the Criminal Laws of 2015. (NAN)
JUDICIARY
Shares: Court Adjourns Ecobank’s suit Dec.1

A Federal High Courtin in Lagos, on Monday, held that it would await the decision of the Court of Appeal in a suit by Ecobank challenging alleged sale of 6.3 billion shares in Barbican Capital Ltd.
Ecobank had filed the suit against Obafemi Otudeko, Barbican Capital Ltd.
, and Honeywell Flour Mills of Nig. Plc. as the first, second and third defendants, respectively.Also joined as defendants are: Siloam Global Services Ltd., Oyeleye Foluke, First Bank of Nigeria (FBN) Holdings Plc., Corporate Affairs Commission (CAC), and the Nigerian Stock Exchange as the fourth, fifth, sixth, seventh and eighth defendants, respectively
The plaintiff, through its counsel, Mr Kunle Ogunba (SAN), is seeking, among other things, an interlocutory order restraining the defendants, collectively or individually, from taking any steps to sell, transfer or otherwise deal with the N6.
3 billion aggregate shares of Barbican Capital Ltd. in FBN Holdings Plc. pending determination of the suit.The bank is also seeking an interlocutory order to restrain the defendants from converting the shares of Honeywell Flour Mills Plc. pledged to Ecobank in furtherance of a credit facility, into cash or any negotiable instrument, pending determination of the suit.
The defendants had, however, filed preliminary objections challenging the court’s jurisdiction to entertain the suit.
They filed the objections on the grounds that a similar suit was pending before Justice Yellin Bogoro.
The defendants also raised objections on the grounds that there was a pending appeal on the matter before the Court of Appeal.
They said that the pending suit and appeal deprived the court of the jurisdiction to entertain the suit.
The defence had sought transfer of the case to the court’s administration judge since a similar suit was before Justice.
In a ruling on Monday, Dipeolu held that the court would not entertain applications in a suit pending before an appellate court.
“It will amount to judicial recklessness for the court to proceed,” he held.
He held that it was trite law that once an appeal was entered and the court was notified, the lower court would be stripped of its jurisdiction.
He cited the case of Okafor versus Attorney-General of Anambra State.
He said that parties in the suit had already informed the court of the existence of a similar suit before Bogoro, adding that the issue had been resolved.
He said that the court would not act on any application before it pending the court of appeal’s decision.
Dipeolu adjourned the case until Dec. 1 for mention.
Ecobank brought its suit marked FHC/L/CS/638/2025 pursuant to Order 26 Rules 5(1) and 6(1) of the Federal High Court (Civil Procedure Rules) 2019, and Section 36 of the 1999 Constitution.
The suit is supported by a 38-paragraph affidavit deposed to by one Mr Jafaru Kupa, a Financial Officer at Ecobank.
At the last adjourned date, Mr Bode Olanipekun (SAN), Mr Ade Adedeji (SAN), and Mr Taiwo Osipitan (SAN) appeared for the first, second and third defendants, respectively.
Mr Ademola Adesina appeared under protest for the fourth and fifth defendants, while Ms Abiola Ogundare and Mr Luqman Salman represented the sixth and seventh defendants.
Explaining his appearance under protest, Adesina said that fourth and fifth defendants had not been personally served with the originating processes.
He claimed that the defendants only became aware of the suit through media reports. (NAN)