A Daniel has again come to judgement in the Mambila Hydroelectric Power Project, by Rotimi Fasan

AI Summary

The International Chamber of Commerce ruled in favor of Nigeria in the Mambila Hydroelectric Power Project dispute, rejecting a $2.35 billion claim by Sunrise Power Transition Company. This decision is significant for Nigeria's economic interests and contract enforcement in international disputes.

The International Chamber of Commerce last week rescued Nigeria from yet another set of predators determined to suck the last drop of blood still running in the country’s economic veins. It rejected the criminal claim for damages for a breach of contract to the tune of USD 2.35 billion by Sunrise Power Transition Company, an […] The post A Daniel has again come to judgement in the Mambila Hydroelectric Power Project, by Rotimi Fasan appeared first on Vanguard News.