Olanipekun seeks execution of $5.8billion Mambilla hydro-electric power project

Adebayo Adenrele




Chief Wole Olanipekun, SAN has called on the federal government to revive the execution of the $5.8 billion Mambilla hydro-electric power project by Sunrise Power Transmission Company of Nigeria Limited (SPTCL).

Olanipekun stated this in a letter written to the Attorney-General of the Federation and Minister of Justice, Chief Lateef Fagbemi.

He urged the minister to carry out thorough investigation on the matter with a view to taking the needed steps, including, but not limited to, the total and global resolution of the matter.

The letter dated December 7, 2023, admonished FG to seek an amicable settlement of the matter and engage in negotiations with the firm to resolve the protracted litigation and potential national embarrassment.

In the letter titled, “Re: the ongoing arbitration between Sunrise Power and Transmission Company Limited and the Federal Government of Nigeria arising from the Mambilla Hydro-electric Power Project,” the senior lawyer stated that it was not fair that the dispute had stagnated the commencement and execution of the Mambilla project for many years.