Nigeria, Nov. 22 -- The Nigerian government has won an arbitration case which saw a foreign entity's N4 billion and €185.7 million claims against Nigeria dismissed, the office of Nigeria's Attorney-General of the Federation announced on Friday.

The case arose from an old contract case, dating back to 31 March 1981, for the construction of civil works in the Iron and Steel Complex at Ajaokuta, in the old Kwara State but now in Kogi State.

It was instituted against the Nigerian government by the contractor, a Joint Venture of Fougerolle Nigeria Ltd and Fougourolle SA, claiming the huge monetary awards against the country.

The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, a Senior Advocate of Nige...