Mambilla project: Nigeria defeats $3.38bn arbitration claims
Precious Nwonu, Enugu Nigeria has secured a major legal victory in the long-running dispute over the Mambilla Hydroelectric Power Project, with an International Chamber of Commerce arbitration tribunal dismissing claims by Sunrise Power and Transmission Company Limited that could have exposed the country to more than $3.38bn. President Bola Tinubu announced the development in a … [Read more…]