APC governors commend Buhari over nation’s economy, P&ID judgment

APC governors commend Buhari over nation’s economy, P&ID judgment

- President Buhari has been commended for effectively managing Nigeria's economy

- The commendation was given by governors of the ruling APC

- Also, they praised the president on the recent judgment in the case against P&ID

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President Muhammadu Buhari has been commended for effectively managing Nigeria's economy. The commendation was given by governors of the ruling All Progressives Congress (APC).

The governors disclosed this in a communique issued at the end of a teleconference.

The statement was signed by the chairman of Progressive Governors’ Forum (PGF) and governor of Kebbi state, Abubakar Atiku Bagudu.

Going further, they commended the Buhari administration over the recent UK Commercial Court verdict. The order suspends any penalty against Nigeria in respect of the $9.6 billion Process and Industrial Development (P&ID) debt judgement against Nigeria.

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APC governors commend Buhari over nation’s economy, P&ID judgment

Buhari has been commended by APC governors for effectively managing Nigeria's economy. Credit: Premium Times
Source: UGC

"The ruling by presiding judge Rose Cranston of the Royal Courts of Justice Strand, London is a victory for all Nigerians. Progressive Governors, in particular, commend Nigeria’s legal team led by the Attorney General of the Federation, Mr. Abubakar Malami.

“In addition, Forum also commend President Muhammadu Buhari for efficiently managing Nigeria’s economy, which has led to giant strides in the execution of major national projects that include the revival of railways, the 2nd Niger Bridge, Ajaokuta Steel, road projects across all parts of the country, among many others," the statement read.

According to the APC governors, the federal government has been able to control the impact of the Covid-19 pandemic because the economy has been efficiently managed by the Buhari government.

Meanwhile, Legit.ng had reported that in what comes as a huge relief, Nigeria can now subpoena about 10 banks in the U.S. for information needed to prosecute government officials allegedly connected to a British Virg*n Island engineering firm.

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The order to subpoena the banks was given by a New York federal judge.

The engineering firm was allegedly involved in a bribery scheme and this led to a subsequent $9.6 billion arbitral claim against Nigeria.

Recall that Legit.ng had reported that the federal government sought the bank account statements of some former public office holders from 10 foreign and local banks on the controversial P&ID Ltd gas deal.

Among those affected by the request are former president Goodluck Jonathan and his wife, Patience; former ministers of petroleum resources, Diezani Alison-Madueke and Rilwanu Lukman, who died on July 21, 2014.

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