Nigeria is winning an arbitration dispute connected to the Mambilla Hydroelectric Power Project after an International Chamber of Commerce (ICC) tribunal in Paris dismisses a claim brought by Sunrise Power and Transmission Company Limited. The disputed amount is reported as $2.35 billion, and the decision is described as clearing a major legal obstacle for the project.
In reactions to the ruling, President Bola Tinubu commends the outcome, with one report framing it as a response to “predatory and exploitative claims” advanced by parties linked to alleged corruption. Other coverage also notes that Tinubu’s statement credits past leaders for supporting Nigeria’s position on the case, including references to former President Muhammadu Buhari and former President Olusegun Obasanjo. Across outlets, the emphasis differs between the tribunal’s effect on the project timeline and the political messaging surrounding the decision, but all point to the ICC ruling as the decisive development.
