Nigeria wins arbitration as Sunrise’s $400 million Mambilla claim dismissed
Attorney-General Lateef Fagbemi said a tribunal dismissed Sunrise Power and Transmission’s $400 million claim over the long-delayed Mambilla hydroelectric project in a Sept. 17 ruling.
Nigeria has secured an international arbitration victory after a tribunal dismissed Sunrise Power and Transmission’s $400 million claim over the long-delayed Mambilla hydroelectric project, Attorney-General Lateef Fagbemi said on Tuesday. Fagbemi said the ruling was issued on September 17 and removes a major legal obstacle tied to the project.