Obasanjo's Voluntary Testimony in Mambilla Power Project Arbitration: Unveiling the Truth

Obasanjo's Voluntary Testimony in Mambilla Power Project Arbitration: Unveiling the Truth



In a significant development, former Nigerian President Olusegun Obasanjo voluntarily testified in the ongoing arbitration concerning the Mambilla Hydroelectric Power Project.This arbitration, held in Paris, France, involves a dispute between the Nigerian government and Sunrise Power and Transmission Company Limited over a $6 billion contract awarded in 2003. Obasanjo's decision to testify aims to clarify and correct misconceptions surrounding the project's history and contractual agreements.

Background of the Mambilla Power Project

The Mambilla Hydroelectric Power Project is a proposed 3,960 MW hydroelectric power station intended to address Nigeria's energy deficit.In May 2003, during Obasanjo's administration, the contract for its construction was awarded to Sunrise Power and Transmission Company Limited on a Build, Operate, and Transfer (BOT) basis. However, the project has faced numerous challenges, including allegations of contract breaches and delays, leading to the current arbitration proceedings.

Obasanjo's Testimony: Setting the Record Straight

Obasanjo's decision to testify was prompted by statements from former Minister of Power, Olu Agunloye, who claimed that the contract was awarded under questionable circumstances. Obasanjo described Agunloye's assertions as "atrocious" and felt compelled to provide a factual account of the events. He emphasized that his testimony was voluntary and not influenced by any government official, including President Bola Tinubu.

Key Points from Obasanjo's Testimony

  • Voluntary Participation: Obasanjo clarified that his involvement in the arbitration was a personal decision, driven by a desire to correct misinformation.

  • Clarification of Contract Details: He provided insights into the original terms and conditions of the 2003 contract, aiming to dispel misconceptions about its validity and execution.

  • Defense of Nigeria's Interests: Obasanjo expressed his commitment to protecting Nigeria's interests in the international arena, ensuring that the nation's reputation remains intact.







Implications of the Arbitration

The outcome of this arbitration holds significant implications for Nigeria's energy sector and international relations. A favorable resolution could pave the way for the Mambilla project to proceed, potentially alleviating the country's power supply challenges.Conversely, an unfavorable outcome might result in substantial financial liabilities for Nigeria.

Former President Olusegun Obasanjo's voluntary testimony in the Mambilla Power Project arbitration underscores his dedication to transparency and the accurate representation of historical events.His actions reflect a broader commitment to safeguarding Nigeria's interests and ensuring that international agreements are honored and executed in good faith.

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