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In a high-stakes defense of Nigeria’s financial integrity, Former President Muhammadu Buhari appeared before the International Chamber of Commerce (ICC) in Paris to tackle a $2.3 billion arbitration case. The case, filed by Sunrise Power, alleges a breach of contractual agreement in the Mambilla Hydropower Project, a key national infrastructure initiative.
Buhari, who oversaw critical phases of the Mambilla project during his tenure, argued that the federal government acted in the nation’s best interest and denied any wrongdoing. The arbitration follows claims by Sunrise Power that it was sidelined in the contract execution, despite a long-standing agreement.
Legal analysts view Buhari’s personal appearance as a strong signal of Nigeria’s resolve to counter hefty financial claims that could strain its economy. The case continues to draw global attention, with experts predicting far-reaching implications for Nigeria’s contract management and international reputation.
Will Buhari’s defense tip the scales in Nigeria’s favor, or will Sunrise Power triumph in this billion-dollar legal battle? All eyes are on Paris for the next legal showdown.
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