$680m Mambilla fraud: Nigeria defeats Sunrise Power at ICC arbitration

Author: Matthew AtungwuPublished on: September 18, 2026Country: Nigeria

PoliticsBusiness & Economy

$680m Mambilla fraud: Nigeria defeats Sunrise Power at ICC arbitration

The Nigerian Government has won a legal battle against Sunrise Power and Transmission Company Limited at the International Chamber of Commerce (ICC) regarding the Mambilla Hydroelectric Power Project in Taraba State. The arbitration tribunal rejected Sunrise Power's claims for $680 million. President Bola Tinubu hailed the ruling as a major victory for Nigeria, stating it clears a significant legal hurdle for the project.

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