Tuesday, December 5, 2023
MARKET UPDATE
Advertisement

TheCable

Tag "Mambilla power project"

Mambilla, Obasanjo and scapegoatism

    Mambilla, Obasanjo and scapegoatism

BY OLU AGUNLOYE In August 2022, Mr Simon Kolawole first released his widely circulated contract statement: ‘Who will Love this Country?’ on the front page of the ThisDay Newspapers of

0 comment Read Full Article

EXCLUSIVE: Hope rises for Nigeria as EFCC tracks suspicious transactions in Mambilla/Sunrise probe

    EXCLUSIVE: Hope rises for Nigeria as EFCC tracks suspicious transactions in Mambilla/Sunrise probe

Nigeria’s bid to knock off the $2.3 billion arbitration filed by Sunrise Power and Transmission Company over the Mambilla Hydroelectric Power Project has received a major boost, TheCable can report.

0 comment Read Full Article

FG asks n’assembly to approve fresh $1.2bn loan from Brazil

    FG asks n’assembly to approve fresh $1.2bn loan from Brazil

The federal government has sought the approval of the national assembly for a $1.2 billion agricultural financing loan. Zainab Ahmed, minister of finance, budget and national planning, made the request

1 comment Read Full Article

EXCLUSIVE: We don’t have $200m to settle Sunrise over Mambilla, Buhari tells Malami

    EXCLUSIVE: We don’t have $200m to settle Sunrise over Mambilla, Buhari tells Malami

President Muhammadu Buhari has declared that the federal government does not have $200 million to pay Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) as final settlement claims over the

3 comments Read Full Article

‘We can’t divert $600m that doesn’t exist’ — Fashola speaks on Mambilla power project

  ‘We can’t divert $600m that doesn’t exist’ — Fashola speaks on Mambilla power project

Babatunde Fashola, minister of power, works and housing, says the reports that the Mambilla power project has been stalled, due

0 comment Read Full Article

Nigeria risks $2.3bn fine as Mambilla power project faces crisis

  Nigeria risks $2.3bn fine as Mambilla power project faces crisis

The federal government is at risk of a $2.3 billion fine in arbitration over an alleged breach of contract for

0 comment Read Full Article
error: Content is protected from copying.