Nigeria wins arbitration as Sunrise's $400 million hydropower claim dismissed

Nigeria wins arbitration as Sunrise's $400 million hydropower claim dismissed

Nigeria ​has won an international arbitration ​case after a tribunal ‌dismissed a $400 million ​claim by Sunrise Power and Transmission over the long-delayed Mambilla hydroelectric project, Attorney-General Lateef ‌Fagbemi said on Tuesday.

The September 17 ruling removes a major legal obstacle to the 3,050-megawatt hydropower project, potentially reviving Nigeria's biggest hydroelectric scheme ‌after nearly two decades of delays.

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