Mambilla Hydroelectric Power Project

Alleged $6bn Mambilla Fraud: Obasanjo Didn’t Approve Contract To Sunrise Power Company – Witness

June 17, (THEWILL) – The Third Prosecution Witness, PW3, Umar Babangida, in the trial of the former Minister of Power and Steel Development, Olu Agunloye, on Monday, told Justice J.O. Onwuegbuzie of the Federal Capital Territory High Court, Apo,...

ANOTHER CONTROVERSIAL CONTRACT: Obasanjo, Buhari, Agunloye, Others and  Mambilla Hydroelectric Power Project

January 26, (THEWILL) – Fifty-Two years after it was conceived by the Federal Government in 1972 as a 3,050MW hydroelectric facility to help realise the goal of 23,000MW installed capacity by 2023, the Mambilla Hydroelectric Power Project in Taraba...
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FG Raises N1.23tn in Fresh Push to Clear Verified GenCo Debt 

The Federal Government has raised N1.23tn through two bond issuances under its Presidential Power Sector Debt Reduction Programme as it moves to settle verified legacy obligations owed to electricity Generation Companies (GenCos).
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