Month: November 2023

By Olu Fasan LAST week’s judgement by the London Commercial Court quashing the $11bn arbitration award against Nigeria rightly triggered exultant responses across the country. Former President Muhammadu Buhari penned a newspaper article titled: ‘A matter of principle’, in which he described the award as “an attempted heist of historic proportions”, arguing that Nigeria would have forfeited “a third of its foreign reserves” if it had lost the case. Bola Tinubu, the current president, called it a “landmark judgement”. Both Buhari and Tinubu credited their governments for the victory. But…

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