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Tag "Mambilla"

Mambilla: Leno Adesanya writes Tinubu, says EFCC criminalising commercial dispute

    Mambilla: Leno Adesanya writes Tinubu, says EFCC criminalising commercial dispute

Leno Adesanya, the promoter of  Sunrise Power and Transmission Ltd, has written a letter to President Bola Tinubu over the $6 billion Mambilla hydropower contract. In the letter, Adesanya accused

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EFCC declares Leno Adesanya, promoter of Sunrise Power, wanted over ‘corrupt offer to public officers’

    EFCC declares Leno Adesanya, promoter of Sunrise Power, wanted over ‘corrupt offer to public officers’

The Economic and Financial Crimes Commission (EFCC) has declared Leno Adesanya, the promoter of  Sunrise Power and Transmission Ltd. In a notice issued on Tuesday, the EFCC said Adesanya is

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Hope for Mambilla project as Sunrise Power waives $500m penalty for Nigeria

    Hope for Mambilla project as Sunrise Power waives $500m penalty for Nigeria

Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) has agreed to waive the $500 million penalty fee incurred by the federal government over multiple defaults of a $200 million settlement

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Mambilla: After rejecting cheaper option, FG agrees to pay Sunrise Power $200m

    Mambilla: After rejecting cheaper option, FG agrees to pay Sunrise Power $200m

The federal government has directed the Nigeria Sovereign Investment Authority (NSIA) to source for $200 million as compensation package for Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) over the

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Mambilla: Sunrise Power files fresh $400m compensation claim against Nigeria

  Mambilla: Sunrise Power files fresh $400m compensation claim against Nigeria

Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) has filed a fresh $400 million lawsuit at the ICC International Court

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‘Mambilla won’t see light of the day’ — Taraba senator laments lack of funding for power project

  ‘Mambilla won’t see light of the day’ — Taraba senator laments lack of funding for power project

Shaibu Lau, senator representing Taraba north, says the current realities of the 3,050-megawatts (MW) Mambilla hydropower plant shows that the

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Garba Shehu: Mambilla power project won’t benefit from $311m Abacha Loot

  Garba Shehu: Mambilla power project won’t benefit from $311m Abacha Loot

Garba Shehu, senior special assistant to the president on media and publicity, says Mambilla power plant is not included in

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EXCLUSIVE: With COVID-19 pandemic, Nigeria seeks to review Sunrise $200m settlement

  EXCLUSIVE: With COVID-19 pandemic, Nigeria seeks to review Sunrise $200m settlement

Abubakar Malami, attorney-general of the federation, has written Leno Adesanya, chairman of Sunrise Power Transmission Company of Nigeria Ltd (SPTCL), to

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EXCLUSIVE: FG to pay Sunrise Power $200m ‘compensation’ to end Mambilla dispute

  EXCLUSIVE: FG to pay Sunrise Power $200m ‘compensation’ to end Mambilla dispute

The federal government has agreed to pay $200 million to Sunrise Power and Transmission Company Limited (SPTCL) as final settlement

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China: We won’t fund Mambilla power until Nigeria settles legal dispute

  China: We won’t fund Mambilla power until Nigeria settles legal dispute

The Chinese government has asked Nigeria to settle the legal dispute over the $5.8 billion Mambilla power failing which it

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