• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Sectors Legal & Regulations

FG denies forcing eminent Nigerians to testify in reported ‘Mambilla Arbitration Case’ in Paris 

Nnaemeka Onyekachi by Nnaemeka Onyekachi
January 19, 2025
in Legal & Regulations, Sectors, Spotlight
FCT High Court, Benjamin Joseph, zinox
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government of Nigeria has denied allegations of compelling eminent Nigerians to defend the country’s case in an arbitration proceeding in Paris.

The denial was made in a statement issued by Bayo Onanuga, Special Adviser to the President (Information and Strategy), on January 18, 2025.

Several reports on Saturday claimed that former Nigerian President Muhammadu Buhari appeared before a court in Paris to testify in an arbitration proceeding involving a $6 billion dispute over the Mambilla power project contract.

MoreStories

Lagride deploys new vehicles under UBA-financed $100m drive-to-own scheme

Lagride deploys new vehicles under UBA-financed $100m drive-to-own scheme

February 17, 2026
Zenith Bank Plc

Zenith Bank disowns fake video of ‘Jim Ovia’ promoting investment scheme 

February 17, 2026

FG’s Denial 

  • The presidency dismissed the reports as “fake news circulating on social media.”
  •  However, it confirmed that the Nigerian Government is a party to an ongoing arbitration proceeding in Paris.
  • Bayo Onanuga clarified that the arbitration is a “private proceeding, which should not have been reported in the media as it remains entirely confidential until the international arbitrators reach a decision.”
  • He further stated that, while respecting the confidentiality of the proceedings, the presidency categorically denies claims that “President Bola Ahmed Tinubu has forced anyone to testify for or against Nigeria.”
  • Onanuga emphasized that all eminent Nigerians involved in Nigeria’s defence are doing so willingly, driven by patriotism and a commitment to the national interest.

He added that President Tinubu and the entire country remain deeply grateful to them for their selfless service.

Backstory 

The arbitration case reportedly stems from an alleged breach of contract terms related to the Mambilla hydropower project awarded to Sunrise Power and Transmission Company of Nigeria by former President Olusegun Obasanjo in 2003.

The $6 billion project involves Leno Adesanya, the promoter of Sunrise Power, who has been entangled in multiple legal disputes with the Federal Government and its anti-graft agencies.

The Court of Appeal in Abuja recently stayed the execution of a Federal High Court judgment that had barred the Economic and Financial Crimes Commission (EFCC) from investigating Adesanya over criminal allegations linked to the project.

The appeal court delivered its verdict two months back, following an application for a stay of execution filed by the Attorney General of the Federation’s counsel, T.A. Gazali, SAN.

Previously, Justice Inyang Ekwo of the Federal High Court had ordered the EFCC to remove Leno Adesanya from its wanted list.

The judgment, delivered on Monday, September 23, 2024, was in response to a suit filed by Adesanya’s lawyer, M.S. Diri, SAN, against the EFCC, the Federal Ministry of Power and Steel, the Federal Government of Nigeria, and the Attorney General of the Federation.

The EFCC had declared Adesanya wanted for “an alleged case of conspiracy and corrupt offer to public officers” linked to the Mambilla project.

What You Should Know 

  • The EFCC is prosecuting Olu Agunloye, a former Minister of Power and Steel, in separate court proceedings related to the Mambilla hydropower contract.
  • The anti-graft agency alleges that Agunloye “corruptly received the sum of N3.6 million” through his Guaranty Trust Bank account (no. 0022530926) from Sunrise Power and Transmission Company Limited and Leno Adesanya as part of the contract approval process.
Tags: Mambilla ArbitrationMuhammadu Buhari
Nnaemeka Onyekachi

Nnaemeka Onyekachi

My name is Nnaemeka Onyekachi, a writer, public speaker and an award winning journo with over 5,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently serving as a Senior Editorial Analyst at Nairametrics, my passion lies in delivering insightful financial,corporate, economic news and analysis on foreign relations, governance, judiciary and legislature.

Next Post
Hungary’s White Card enables remote workers to live in the country for two years

Hungary introduces new work visa regulations: what employers and applicants need to know 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics