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Tag "sunrise power"

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 of Arbitration, Paris, France, against the Federal Government of Nigeria

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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 seek a review of the $200 million settlement reached over

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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

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