Nigeria, Aug. 16 -- The Nigerian government said on Friday that it is considering all available options to resist the decision of a British court to grant enforcement right to an $8.9billion (about N3.2 trillion) arbitral award against the country.

The United Kingdom, Business & Property Courts (the Commercial Court), presided by Justice Butcher granted P&ID's enforcement request to enforce a March 20, 2013 award against Nigeria by a District Circuit Court in Washington DC.

Friday's award converts the arbitration award into a domestic UK judgment against Nigeria.

The initial award of $6.6 billion as damages was in favour of a British engineering firm, Process & Industrial Development Limited (P&ID), which accused the Nigerian governmen...