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Nigeria’s president is locked in a fierce reelection battle — one that is not just playing out among voters ahead of January polls, but pitting teams of lawyers and lobbyists against a lone litigant half a world away in California. Remarkably, this latter-day David just won a significant victory over Goliath.
In the grand theatre of Nigerian public life, where contracts are signed with the solemnity of wedding vows and then abandoned with the enthusiasm of a jilted lover, few dramas have rivalled the Federal Republic of Nigeria v Process & Industrial Developments Ltd saga. The 2020 English High Court decision ([2020] EWHC 2379 (Comm)) was merely the intermission. The full production, complete with bribes, perjury and a near-$11 billion bill, only reached its denouement years later. Yet that September 2020 judgment by Sir Ross Cranston remains the pivotal moment when Nigeria was allowed, against all the usual arbitration orthodoxy of finality and speed, to drag the whole rotten affair into the light.
