Arbitration Tribunal Throws Out Mambilla Power Project Claim Against Nigeria
What happened
Leno Adesanya sought compensation for the failed Mambilla Hydroelectric Power Project in Taraba State, claiming his firm, Sunrise Power and Transmission Company, was awarded the contract in 2003. However, an International Chamber of Commerce Arbitration Tribunal in Paris threw out his petition against Nigeria because the contract never received the necessary presidential approval.
Why it matters
The ruling confirms that the Mambilla power project did not legally exist because it failed to meet a condition-precedent of presidential approval. This decision resulted in the rejection of a claim seeking $2.35 billion in compensation and a $400 million settlement fee.
Allegations surfaced regarding a contract award to Sunrise Power and Transmission Company, while Atiku Abubakar accused the ruling party of distorting arbitration proceedings in Nigeria.
Who's involved
- NigeriaSovereign state that was the subject of the arbitration petition.
- Muhammadu BuhariFormer President whose approval was required for the power project contract.
- Atiku AbubakarPolitician mentioned as a collaborator in the high-stakes Mambilla project.
- Abubakar MalamiJurist whose office was tasked with defending Nigeria's national interest.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NigeriaSpeculative
The failure of the major national infrastructure project might impact national energy supply and investment.
Keep exploring
The entities involved
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Nigeria
sovereign state in West Africa
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Muhammadu Buhari
former President of Nigeria from 1983 to 1985 and 2015 to 2025 (born 1942–2025)
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