National Theatre: Tribunal orders Bankers’ Cttee firm to pay N19.4b over breach of contract
An Arbitration Tribunal sitting in Lagos has ordered SANEF Creatives Ltd, a company owned by Bankers’ Committee of the Central Bank of Nigeria (CBN), to pay the sum of N19.4 billion to Hanson Dredging and Marine Service Ltd (HDMS). The payment is for the unlawful termination of its contract for the dredging and reclamation work of Lagos Creative Entertainment Centre …