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This document is a Joint Status Report filed on March 6, 2023, before the United States District Court for the District of Columbia, in the enforcement proceedings initiated by Process and Industrial Developments Limited (P&ID) against the Federal Republic of Nigeria and its Ministry of Petroleum Resources.
The parties submitted this report pursuant to the Court’s December 7, 2022, Minute Order, which directed them to provide an update on the status of Nigeria’s pending set-aside application before the English High Court of Justice. The parties informed the District Court that the English trial commenced as scheduled on January 16, 2023, and was expected to conclude on March 9, 2023, with a judgment to follow. Consequently, the parties jointly requested that the District Court’s existing stay order, entered on June 6, 2022, remain in place pending the resolution of the English proceedings.
The parties further committed to providing the District Court with a subsequent status update within ninety days, on or before June 5, 2023.