“They (company) gave N4.3 million to the family, N4million to the father and mother for the loss of their child, and N300,000 to the kingdom.”
The post Chinese quarry company pays N4m compensation to family of boy killed during operation appeared first on Premium Times Nigeria.
The International Organisation for Migration (IOM) has received 180 Nigerian migrants, including women and children, returning from Libya.
Read More: https://punchng.com/iom-receives-180-nigerian-migrants-from-libya/
A political and policy advocacy group, Progressives Think Tank, has applauded the Federal Government over what it described as a “hard-fought” victory in the recent international arbitration dispute involving a UK-based technology contractor.
DAILY POST recalls that the Nigerian government again secured victory against an international technology contractor, European Dynamics UK Ltd., in a $6.2 million arbitration.
The firm had entered into a dispute with Nigeria’s Bureau of Public Procurement over a national e-procurement project.
According to the ruling, which is final and not subject to appeal, the tribunal dismissed the contractor’s claims in their entirety, relieving Nigeria of potential financial exposure estimated at over $6.2 million (approximately N9.3 billion) in claimed payments and damages.
Reacting, the group said the outcome of the arbitration, which reportedly saved Nigeria about $6.2 million (approximately ₦9.3 billion) in potential liabilities, reflects the government’s resolve to protect public funds and uphold contractual standards.
In a statement signed by its National Coordinator, Ms. Christiana Titus, and made available to journalists in Abuja on Monday, the group noted that the arbitration tribunal dismissed all claims against Nigeria in the dispute with European Dynamics UK Ltd.
The Think Tank commended the roles played by the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN), and the Director-General of the Bureau of Public Procurement, Dr. Adebowale Adedokun, in defending the country’s legal and procurement processes.
“This success, which saw the arbitration tribunal dismiss all claims against Nigeria and save the nation over $6.2 million (approximately ₦9.3 billion) in potential liabilities, stands as a testament to effective leadership, legal acumen, and a patriotic commitment to protecting our national resources and public interest.
“We applaud Attorney-General Prince Fagbemi (SAN) for his assertive defence of Nigeria’s legal position, reflecting a robust justice system that is increasingly unafraid to confront complex international disputes. His leadership reinforces the crucial principle that contractual obligations must be honoured only when value is demonstrably delivered.
According to the statement, the Federal Government’s handling of the matter demonstrates a commitment to ensuring that public resources are not expended on services that fail to meet agreed contractual and technical standards.
The group added that the outcome reinforces the importance of institutional coordination and adherence to due process in resolving complex international disputes.
It further stated that the decision sends a signal that Nigeria is prepared to assert its position in contractual matters while prioritising transparency, accountability, and value for money in public procurement.
Nigerian govt’s ‘hard-fought’ $6.2m arbitration success commendable – Group
