Mambilla Power Project: Tinubu Welcomes ICC Ruling Rejecting Arbitration Claims Instituted By Sunrise Power and Transmission Company Against Nigeria
.Affirms nation’s commitment towards genuine investors, readiness to honour legal obligations..Appreciates individual commitments of Obasanjo, Buhari and collective efforts of the legal team, witnesses Deji Elumoye in Abuja President Bola
President Bola Tinubu has commended the International Court of Arbitration's recent decision rejecting claims from Sunrise Power and Transmission Company against Nigeria regarding the Mambilla hydroelectric power project. Speaking through the presidential spokesperson, Bayo Onanuga, Tinubu lauded the efforts of the Nigerian legal team, former Presidents Obasanjo and Buhari, and the National Security Adviser.
The decision, which affirms Nigeria's commitment to honoring its legal obligations, clears the major obstacle blocking the progress of the 3960MW Mambila Hydroelectric Power Project in Taraba State.
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- Mambilla: Tinubu Hails Nigeria’s Victory in $2.35bn ICC Arbitration thisdaylive.com
- Tinubu reacts as Nigeria wins arbitration against Sunrise Power premiumtimesng.com