The arbitral award was confirmed by a British court in a judgment delivered in 2019.
The Federal Government has been battling to have the judgment set aside on the grounds that the contract leading to the arbitral award was fraudulent.
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), said on Thursday, that the Federal Government had learnt lessons from the $9.6bn arbitral award delivered by a London arbitration panel against Nigeria and in favour of P&ID.
A statement by Malami’s spokesperson, Dr. Umar Jibrilu Gwandu, quoted the minister as speaking at a virtual international conference to mark the African Arbitration Day.