The International Chamber of Commerce (ICC) tribunal in Paris has dismissed a $2.35 billion claim by Sunrise Power and Transmission Company Limited over the Mambilla Hydroelectric Power Project. The tribunal also rejected a separate $400 million settlement claim and ordered Sunrise and its promoter, Leno Adesanya, to reimburse Nigeria about $11.82 million in legal fees and expenses. President Bola Tinubu hailed the ruling as a major victory, saying it clears the biggest legal hurdle to the project's execution, and commended former Presidents Olusegun Obasanjo and Muhammadu Buhari, former Minister Babatunde Fashola, and the EFCC for their roles.
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