Here are the detailed reasons power contractor, Sunrise Power & Transmission Co., dragged President Muhammadu Buhari’s administration before the ICC in Paris + why this posed a fresh threat to Nigeria’s China loan A Nigerian company that lost out on a contract to build a multibillion-dollar hydropower plant has filed a $400 million arbitration claim against the nation’s government, further hampering its plans to access Chinese financing for the project. Sunrise Power & Transmission Co., a report by Bloomberg shows, accuses the government of reneging on a settlement accord agreed…
Read MoreContractor demands $400m as Mambilla Power deals tear Nigeria, Firm Apart
