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Thursday, 10 June 2021

Nigeria agrees to pay $200 mln to settle dispute over Mambila power project

Nigeria agrees to pay $200 mln to settle dispute over Mambila power project: In 2017, Sunrise Power, which claimed to have been awarded the Build, Operate and Transfer (BoT) contract in 2003, dragged the Federal Government and its Chinese partners before the International Chamber of Commerce (ICC) in Paris, France, over an alleged breach of contract.

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