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This document is a Joint Status Report submitted by Petitioner Process and Industrial Developments Limited (P&ID) and Respondents, the Federal Republic of Nigeria and the Ministry of Petroleum Resources, to the United States District Court for the District of Columbia. The filing was made pursuant to the Court’s December 7, 2022 Minute Order, which directed the parties to provide an update regarding the status of Nigeria’s set-aside application pending before the English High Court of Justice.
The parties informed the Court that the trial concerning Nigeria’s set-aside application concluded before the English High Court on March 9, 2023, and that they are currently awaiting the issuance of the judgment. Consequently, the parties jointly requested that the District Court maintain the existing stay of proceedings, originally entered on June 6, 2022, pending the resolution of the English litigation. Furthermore, the parties proposed to submit a subsequent status update to the District Court within ninety days, specifically by September 5, 2023.