Politics
Alleged $2.3bn fraud: ‘I’m ready to testify in court’ – Obasanjo informs FG
Former president Olusegun Obasanjo has declared his readiness to testify for Nigeria concerning former Minister of Power and Steel, Olu Agunloye, in the $2.3 billion disputed Mambilla power contract..
Sunrise Power and Nigeria are at loggerheads at the International Chamber of Commerce, ICC, Paris, France, as the company alleges a breach of contract.
Sunrise Power said it was awarded a $6 billion contract to build, operate, and transfer in May 2003 by the government of former President Olusegun Obasanjo.
The company is alleging that the Federal Government of Nigeria repudiated the agreement and is asking for compensation of $2.3 billion.
The company is further claiming that it had already spent millions of dollars on financial and legal consultants before the contract was jettisoned.
However, in its defence, the Nigerian government is alleging fraud and corruption of public officials in the award of the contract.
In his letter to the Attorney General of the Federation and Minister of Justice Lateef Fagbemi, the counsel to the Nigerian government, the former President expressed his willingness to testify on behalf of the Nigerian government “in any form.”
”Competition has started again” – Reactions trail Regina Daniels and co-wife, Laila’s posts about their husband, Ned Nwoko
“Only self!sh men are intimidated by women’s success, you should be happy that your woman is successful” – Actress Diva Gold to men
“She forms hard to get, but I slept with her the first day I came to her office” – IVD makes bombshell revelation on his relationship with Blessing CEO (Video)
“There’s hunger, however there’s huge” hope – Tinubu Lament
“Simon Ekpa is not our member” – IPOB stated
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
-
News1 day ago“There’s hunger, however there’s huge” hope – Tinubu Lament
-
News2 days ago“This is m@dness” – Young man disrupts the peace inside banking hall as he plays song using his JBL speaker, clip trends online (Watch)
-
Biafra2 days agoFG confirms arrest of Simon Ekpa by Finnish authorities
-
Lifestyle2 days agoNigerian man who passed away 10 years ago confesses he’s currently in Lagos, reveals big secret