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Mambilla: Nigeria Escapes $2.35bn Liability, Secures Legal Cost Recovery

Nigeria has avoided a potential $2.35 billion liability after an International Chamber of Commerce (ICC) tribunal in Paris dismissed claims brought by Sunrise Power and Transmission Company Limited over the long-disputed Mambilla Hydroelectric Power Project in Taraba State. The tribunal also rejected a separate $400 million claim arising from a 2020 settlement agreement, bringing an...
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Economic Reforms Must Put Relief In Nigerians’ Pockets- Atiku

Former Vice-President Atiku Abubakar has challenged the Federal Government to measure the impact of its economic policies by the ability of ordinary Nigerians to afford food, transportation and other basic necessities. Atiku said rising fuel, transport and food costs were placing increasing pressure on households, arguing that economic reforms would have little meaning to citizens...
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Child Abduction: Akwa Ibom Police Orders Landlords To Verify Tenants

Idara Jerome, Uyo The Akwa Ibom State Police Command has directed landlords, property owners and house agents to conduct due diligence on prospective tenants, following a reported child abduction incident in Etim Ekpo Local Government Area of the state. The command said the directive became necessary amid concerns that persons with criminal intentions could obtain...
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France’s Africa Return Faces New Push For Resource Control — Minns

France’s renewed economic push into Africa is confronting a continent increasingly seeking greater control over the extraction, processing and commercialisation of its natural resources, Executive Director of Pan-Africa podcast, Panel 54, Martin Minns, has said. Minns said African countries were no longer content to play a passive role in foreign investment deals, but were increasingly...
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Obareki Calls For Governance Systems That Outlive Political Administrations

The Coordinator, Office of the First Lady of Akwa Ibom State, Lady Helen Eno Obareki, has called for a governance model anchored on sustainable systems capable of preserving development gains beyond individual political administrations. Obareki said sustainable governance should focus less on temporary interventions or immediate public applause and more on building enduring structures that...
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