P&ID $9.6billion judgement a scam; Here’s what Buhari said at the UNGA in New York

President Muhammadu Buhari at the 74th Session of the United Nations General Assembly in New York, United States of America

President Muhammadu Buhari while speaking on Tuesday at the ongoing 74th Session of the United Nations General Assembly in New York, United States of America, warned that Nigeria would not tolerate attempts by international criminals to defraud the country like Process and Industrial Development (P&ID).

Buhari while speaking cited the $9.6billion judgement against Nigeria by a United Kingdom court as a scam.

“The present Nigerian government is facing the challenges of corruption head-on. We are giving notice to international criminal groups by the vigorous prosecution of the P&ID scam attempting to cheat Nigeria of billions of dollars,” he said.

The president, who noted that his administration is committed to fighting corruption, said that the world was facing various crises and the collaboration of everyone is needed to resolve the problems.

“Organised criminal networks, often acting with impunity across international borders present new challenges where only collective actions can deliver genuine results.

“This is true in the battle against violent extremism, against trafficking in people and drugs and against corruption and money laundering.

Buhari further berated technological companies for not fighting against the social media promotion of crimes and mass killings in the society.

“They cannot be allowed to continue to facilitate the spread of religious, racist, xenophobic and false messages capable of inciting whole communities against each other, leading to loss of many lives. This could tear some countries apart.”

On poverty, President Buhari noted that there is no threat that is even more potent than poverty and exclusion. He noted that his government was working hard to tackle the issue of poverty in Nigeria. He cited his administration’s social investment programmes as a way deployed to fight poverty in the country.

“They are the foul source from which common criminality, insurgency, cross-border crimes, human trafficking and its terrible consequences draw their inspiration.”

Buhari further urged the developed countries to help develop Africa, because a prosperous Africa will mean greater prosperity for the rest of the world.

“A developed Africa will not be antagonistic to industrialised countries but will become friends and partners in prosperity, security and development. A prosperous Africa will mean greater prosperity for the rest of the world. A poor Africa will be a drag on the rest of the world. Is this what the international community wants?

“A coordinated multi-lateral effort should be set in motion to utilise and maximise use of the enormous resources on the African continent for the benefit of all nations. Investing partners will be able to recoup their investments manifold over time.

“Current attempts to help develop Africa by industrial countries are un-coordinated and plainly incremental. We have the skills, the manpower and the natural resources, but in many instances, we lack the capital – hence my plea for industrial countries to take a long-term view of Africa, come and partner us to develop the continent for the benefit of all.”

He spoke about the Israeli – Palestinian problem. According to Buhari, Palestinians had right to live on their own land.

“On the international scene, Mr President, the United Nations has new opportunities to take the lead on issues that continue to cloud the prospects for international peace and prosperity, namely;

“The rights of the Palestinian people to have their own country free of occupation. Mr President, the international community has spoken from Resolution 242 of 1967 to the present day on the rights of the Palestinian people to have and live in peace in their own land…”

He also spoke on climate change, and Nigeria’s commitment to join the international community to combat it.

“On climate change, Nigeria stands resolutely with the international community in observing agreed carbon emission targets which I signed in 2015.

“We have since issued two sovereign Green Bonds and have added an additional 1 million hectares of forested land taking our total forest coverage to 6.7 per cent through collective national effort.”

President Buhari called for the expansion of the Security Council to reflect the diversity and dynamics of the 21 Century.

“As we advocate and strive for inclusion within our societies, we must also ensure inclusion prevails in our collective action as members of International Community. That is why we support the expansion of the Security Council to reflect the diversity and dynamics of the 21st Century”, he said.



  1. Pingback: Nigerian Newspapers Review (Wednesday, 25 September, 2019) - Naija Buzz News

  2. Pingback: $9.6billion Judgement: Nigeria to pay P&ID $250,000; and $200million security payment within 60days before appeal - Naija Buzz News

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