President BOLA TINUBU described Nigeria’s win in the 11 billion dollar Process & Industrial Developments (P&ID) Limited arbitration award as a victory for Africa.

The President commended Justice ROBIN KNOWLES of the Commercial Courts of England and Wales for prioritising the merits of the case above all other considerations.

The President in a statement by his spokesman, AJURI NGELALE said the landmark judgment proves conclusively that nation-states will no longer be held hostage by economic conspiracies between private firms and solitarily corrupt officials who conspire to extort and indebt the very nations they swear to defend and protect.

According to President TINUBU, the victory is not for Nigeria alone but a victory for the long-exploited continent and for the developing world at large, which has for too long been on the receiving end of unjust economic malpractice and overt exploitation.