NaijaBuzz

Fresh Naija News • Football • Gossip • Entertainment • World Updates

Nigeria wins $6.2m arbitration against UK tech firm

Naija News • Feb 22
Nigeria wins $6.2m arbitration against UK tech firm
Nigeria has emerged victorious in an international arbitration dispute involving European technology contractor European Dynamics UK Ltd, saving the country from a potential financial exposure of over $6.2 million (approximately ₦9.3 billion). The dispute, which arose from a national e-Procurement project managed by the Bureau of Public Procurement (BPP), ended with the tribunal dismissing the contractor’s claims in their entirety. In a statement issued on Sunday, the Special Assistant to the President on Communication and Publicity (Office of the Attorney General of the Federation), Kamarudeen Ogundele, described the ruling as “final and not subject to appeal.” “In another victory for the administration of President Bola Ahmed Tinubu, Nigeria, through the BPP, has yet again won a compl...
Source: Original Article. AI-enhanced version.