{
  "id": 10562348,
  "title": "MALAMI AND THE MAMBILLA HYDROPOWER ARBITRATION",
  "url": "https://urgent.news/2026/09/28/malami-and-the-mambilla-hydropower-arbitration",
  "topic": "world",
  "section": "World",
  "published": "2026-09-28T23:56:39.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/09/29/malami-and-the-mambilla-hydropower-arbitration/"
  },
  "original_language": "en",
  "account": "The former Attorney General of Nigeria, Abubakar Malami, was accused of acting against the country's best interests when he announced the military coup in 1966. The country's funding shifted from agriculture and solid minerals to oil after the Arab-Israeli War in 1973, leading to the \"oil boom.\" The military regime repudiated financing contracts for the Mambilla Hydropower Project, causing a lawsuit stampede against Nigeria in foreign courts. Abubakar Malami played a significant role in this, reportedly bribing his way to various settlements, including a $200 million deal with the company behind the Mambilla Hydropower Project. The arbitration decision, spanning 619 pages, concluded this long-standing saga in Paris.",
  "summary": "The former Attorney General of the Federation deliberately acted against the best interests of Nigeria, writes CHIDI ANSELM ODINKALU When he announced the military coup in Nigeria on 15",
  "key_points": [
    "Abubakar Malami accused of betraying Nigeria's interests in 1966 military coup",
    "Oil boom shifts funding from agriculture and solid minerals to oil post-1973",
    "Malami settles Mambilla Hydropower Project lawsuit for $200 million"
  ],
  "editors_take": "The arbitration ruling brings closure to a long-standing dispute stemming from the Mambilla Hydropower Project, potentially altering Nigeria's financial obligations and reputation in international business dealings.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}