Sandy

[Temitope Ayanbisi @AyanbisiAT]

@officialABAT Just To Note:

This sham Mambila Hydroelectric Power Project’s contract & claims happened under the govt of OBJ & Vice President Atiku Abubakar.

Same Atiku Abubakar is brazenly campaigning to be President, after plunging Nigeria into financial mess at several attempts.

[Bola Ahmed Tinubu @officialABAT]

ICC CASE: AB SUNRISE POWER AND TRANSMISSION COMPANY LIMITED (SUNRISE) V. FEDERAL GOVERNMENT OF NIGERIA (NIGERIA) V. MR. LENO ADESANYA

An International Arbitration Tribunal under the auspices of the International Chamber of Commerce (ICC) in Paris, today, September 17, 2026, issued an award in favour of our country, rejecting the claims in the arbitration instituted by Sunrise Power and Transmission Company Ltd (Sunrise).

The company had made a claim against the Federal Republic of Nigeria, demanding $680 million as a settlement sum and interest in respect of another arbitration in which it is claiming over $2.7 billion in compensation and interest relating to disputes associated with the development of the 3960mw Mambila Hydroelectric Power Project, located in Taraba State.

This latest decision affirms the Nigerian State's determination not to succumb to predatory and exploitative claims by corrupt local and international entities and their enablers and funders.

On behalf of the Government and People of the Federal Republic of Nigeria, I strongly commend the tremendous efforts of the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi and the entire team at the Federal Ministry of Justice for their efforts in this matter.

I also commend the FRN defence team, led by Ms Elizabeth Oger-Gross and Mr Tolu Obamuroh, both of Paul Hastings LLP, for their professional and excellent defence of the country.

I commend the patriotism and support of former President Olusegun Obasanjo, GCFR, and late President Muhammadu Buhari, GCFR, who testified in the case, which dated back to an illegal 2003 contract to build a 3,050-megawatt hydroelectric plant in Taraba State under a build-operate-transfer model. The Federal Executive Council never authorised the contract.

I thank the other witnesses in this case, including former Ministers Babatunde Raji Fashola, SAN, and Suleiman Adamu, and the experts, for their active participation in defending Nigeria's interest in the arbitration.

I commend the National Security Adviser for his support and the Economic and Financial Crimes Commission @officialEFCC for its investigation into the case.

I want to assure you that while our country remains committed to partnering with genuine investors and honouring its legal obligations, it will continue to defend all opportunistic claims instituted against our commonwealth strongly.

Today's ICC ruling clears the single biggest legal hurdle that has paralysed the Mambilla hydro power project for years.

God bless the Federal Republic of Nigeria.

PRESIDENT BOLA AHMED TINUBU,
September 17, 2026

[Sandy @Sandybtks4]

@ayowisdom_ I nominate @Mobola_A_Star for this confab. This guy has a lot to contribute to the development of our great nation. You just need to hear him dissect issues & profer solutions intelligently. I believe there are other cerebral youths out there as well that will add great value.

[Bloomberg @business]

Nigeria’s central bank is expected to resume cutting interest rates at next week’s meeting, buoyed by slowing inflation and exchange-rate stability, according to Bank of America https://t.co/Xbs9rOgIRN

[Nairametrics @Nairametrics]

Nigeria has won the $2.35 billion arbitration case brought by Sunrise Power over the Mambilla hydropower project.

The ICC tribunal in Paris dismissed Sunrise’s claims and ordered the company and its promoter, Leno Adesanya, to reimburse Nigeria for 75% of its legal costs, put at about $11.8 million.

Source: The Cable

[Dr. Calafiori 🦇 @fimiletoks]

The France trip get reason.

Move in silence and violence.
Power is not for the weak and chicken-hearted. Not for people who run away from trouble.

I have one shoe, I wear one watch has no place in global politics. GTFOH

Let's get to work on the Mambila Plateau.

[Sandy @Sandybtks4]

@HigherCallingFE @ParallelFacts We all know why! If they did today, the same people would cry witch hunt. And, would give excuse why others were left alone, and why the focus is on him. Until we remove sentiments from our politics, it would ardous for the country to move forward.

[Governor Alia Media Centre @GAMediaCentre]

"FACT CHECK: Governor Alia is correct , Ortom did leave a pile of debts for him, growing the debts from N39billion to N187billion.

From 2023 till date, Governor Alia has reduced the debt burden on the state by 40%, from N187billion down to N107billion.

So Governor Alia is indeed correct in his assessment as proven by data."

— @Rotankwot, Financial Expert on @ARISEtv

[Lucas @iam_Lucaaas]

@YDiegot55901 @MasterBolaji Even if a product nah fake, Chinese go sell am for the fake price, what of Omo Ibo wey go carry fake products sell for original price for people??

Which one you think say I go trust with my money?

[Tayo Naija @NaijaTayo]

@MasterBolaji My people. ₦450k for soundbar wey Chinese dey sell ₦100k? Which kind wahala be this? If na me, my pocket go decide, no sentiment. Sellers better wake up. God bless the hustle. Ire oo.

[Mo' The Fashion FBI @Mowiththesauce2]

@MasterBolaji This is what VDM was trying to tell us in his fight with BLord but a lot of people thought it was a personal beef. Those people no longer consider a profit margin of 250% as a thing and they'll be the first to shout "Tulumbu wan k!ll us o!"

[Vicpraise @SamuelA62050305]

@MasterBolaji Habba, somebody should tell this Chinese that we need them too in Abuja.

[Bolaji Fesomade @MasterBolaji]

@Mmaduka001 Go and chase them away na.

[Bolaji Fesomade @MasterBolaji]

@HolyMikel You bought an item for 20k and you're selling it for 85k. Ha! Those traders are callous.

[Mayowa J Michael @HolyMikel]

Nigerians are cruel to each other. Same mentality happened last year when other Nigerians were unanimously hoarding food items to make them very expensive. Imagine selling a bag of beans for 270k, same bag they bought at 60-70k. Untill the FG opened the borders for grains to allow competition with local retailers. Today, food items are cheaper than March last year.
Allow the Chinese to compete or build your own factory. Greediness is what is killing our people, not Chinese competition

[Bolaji Fesomade @MasterBolaji]

1. 10kg washing machine
Them: ₦400k
Chinese: ₦120k

2. Kids’ electric car
Them: ₦320k
Chinese: ₦150k

3. Soundbar
Them: ₦450k
Chinese: ₦100k

If na you, who you go buy from?

You better adapt, or you’ll lose the market to them.

Chinese traders, God bless you.

[D @dayrinoh]

@thecompasshub There is one SAN that won’t be happy with this news.

[MoTunz✨ @Aloft2809]

@thecompasshub This is what should be feasted on by every meaningful Nigerian. I can feel it, Naija will be great again.

[Adebayo Salako @adebayosalako6]

@thecompasshub Truth triumphs in the end . Can those reading anti-north conspiracy into the project delay see clearly now ?
It remains Ajaokuta Steel Complex and the refineries. These must be made to work and listed for the sake of posterity .

[The Compass Hub @thecompasshub]

BREAKING :- The International Chamber of Commerce (ICC) in Paris, France, has ruled in favour of Nigeria in the $2.35 billion award sought by Sunrise Power over the Mambilla hydropower project.

The tribunal also directed Sunrise and its promoter to refund Nigeria’s legal fees of $11.8 million.