Nigeria has emerged victorious in an international arbitration dispute involving European technology contractor European Dynamics UK Ltd, saving the country from a potential financial exposure of over $6.2 million (approximately ₦9.3 billion). European Dynamics UK Ltd had entered into a dispute with the bureau over a national e-Procurement project. The contractor had claimed $2.4 million for alleged milestone completions, $3 million in general damages, and an additional $800,000 in settlement claims. The Director-General of the BPP, Dr Adebowale Adedokun, inherited the dispute and the stalled technology project upon assuming office. The tribunal upheld Nigeria’s position, ruling that the identified deficiencies were the vendor’s responsibility to remedy at no additional cost.

Source: Punch February 23, 2026 15:31 UTC