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Nairaland Forum / Nairaland / General / Politics / FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute (16247 Views)
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FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Islie: 11:01am On Mar 06, 2020 |
The federal government has agreed to pay $200 million to Sunrise Power and Transmission Company Limited (SPTCL) as final settlement of the dispute over the Mambilla power project in Taraba state, TheCable can report. https://www.thecable.ng/exclusive-fg-to-pay-sunrise-power-200m-compensation-to-end-mambilla-dispute 1 Like
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Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by GamalNasser: 11:05am On Mar 06, 2020 |
This is how we waste money in this country in the name of breaching contracts 44 Likes 2 Shares |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Ehiscotch(m): 11:11am On Mar 06, 2020 |
It's just sad that some ignorant persons will still read only the headline of the story, attack the FG with silly comments — even worse are the ones who would read and still say crap. TBH, the past administration really did a lot of disservice to this country with shoddy contracts, especially in the power sector. 30 Likes 2 Shares |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by azpekuliar: 11:15am On Mar 06, 2020 |
GamalNasser: So sad! To think this was a project conceived as far back as the ‘70s! 21 Likes |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Optional09: 11:17am On Mar 06, 2020 |
Ehiscotch: the current administration is not doing anything differently if not worse than the past 52 Likes 8 Shares |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by GamalNasser: 11:27am On Mar 06, 2020 |
Ehiscotch: Shut up there was nothing shoddy about that contract !!!!! Its the Nigerian govt starting from Buhari in the 80s that refused to service the contract and now instead of working with the original contractor he will rather pay a breach fee of 200 million dollars so he can work with the Chinese 41 Likes 4 Shares |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Optional09: 11:38am On Mar 06, 2020 |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Sirjamo: 12:06pm On Mar 06, 2020 |
This is one of the numerous calamities created by the miserable and senseless Poverty Development Party. Not a single thing they can point to as an achievement in 16 years aside looting and embezzlement. God punish the Poverty Development Party!!! 17 Likes 2 Shares |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Afromentalist: 12:12pm On Mar 06, 2020 |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Salatavor: 12:12pm On Mar 06, 2020 |
That's a lot of money. We write premium academic research papers for MSc students and PhD students. Just visit RunMyResearch com our website to see for yourself. |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by grfyg: 12:12pm On Mar 06, 2020 |
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Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Emu4life(m): 12:13pm On Mar 06, 2020 |
On top light wey we no get 2 Likes
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Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by solmus: 12:13pm On Mar 06, 2020 |
This is the stupidiest Minister of Power ever, the fool just made PDP $200 million richer, this pvssy minister also wants to pay off Distribution company billions in dollar as settlement, this same DISCOS that neither provide meters or transformer but simply extort us customers due to foolish contract drunk Jonathan signed This is why Davido's father buys new Private Jets like its a toy, because before building his powerplant, he signed a juicy deal with PDP that even when he isn't generating power he is getting paid and getting government subvention . 12 Likes 2 Shares |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Sunnycliff(m): 12:14pm On Mar 06, 2020 |
What a whooping amount of money. The major problem with this APC government is that they think that when they have cases in court, it is naija court, where they won't obey court rulings or already know the aftermath of the judgement afore hand. But it's unfortunate that when dragged before international court, the evil day they keep postponing, hurts them the more. Propaganda is not enough to rule a nation or deny justice. 2 Likes 1 Share |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by DModeCntStopMe: 12:14pm On Mar 06, 2020 |
A welcome development! 200m dollars? Too small! They should increase it afterall we have enough money with nothing to spend it on Our hardworking senate just approved $22.7 billion for buhari, 42 billion naira was padded in our budget, over $500m not remitted to the gov't by NNPC and many more. Who says we don't have money? Nice one, Hon. Minister, more oil on your head 6 Likes 1 Share |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Architectben34(m): 12:14pm On Mar 06, 2020 |
This one loud o |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by seunmsg(m): 12:15pm On Mar 06, 2020 |
$200m for what? This is a very curious deal considering the fact that they demanded a leaser sum of $80m as compensation during the Fashola era which was even considered as high. It is really curious to see the new minister quickly signing away $200m as compensation. I hope we won’t be having another Malabu gate kind of scandal on our hands in some years to come. 9 Likes 3 Shares |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Afromentalist: 12:17pm On Mar 06, 2020 |
This is another strategy these politicians use to enrich themselves. They breach contract voluntarily so that by the time an out of court settlement is found they enrich themselves legally off the sweat of the people. Quite clever I must say. The African Mentalist. 2 Likes 1 Share |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Ernerstdavid55(m): 12:18pm On Mar 06, 2020 |
if they share dat money to all Nigerians am shure poverty will reduce |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Rikidony(m): 12:19pm On Mar 06, 2020 |
chaii see money $200m thats horrific. |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by wilemer: 12:19pm On Mar 06, 2020 |
Islie1: the new hustle in town is to pay government officials to sign dubious contract terms that future govt wont like, then make bank suing new govt for breach of said contract. so sleek 2 Likes |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by tot(f): 12:19pm On Mar 06, 2020 |
Nigeria really is plagued with some of the most terrible leaders a country can ask for. 4 Likes |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Nobody: 12:20pm On Mar 06, 2020 |
Nigeria is cursed with some of the most wicked,corrupt, selfish and greedy leaders in the whole universe. I absolutely believe they sign such useless deals full of glaring flaws because they get a cut from the money. Who even knows how many hundreds of millions they paid P I'D Yahoo syndicate.
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Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Nobody: 12:21pm On Mar 06, 2020 |
Williams0740: Just post the wining ticket's coupon codes let me check myself before I believe you |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Witcher(f): 12:21pm On Mar 06, 2020 |
Ehiscotch:thank you for THIS.. their only interest is FTC to irritate people 3 Likes |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Emu4life(m): 12:22pm On Mar 06, 2020 |
Abba Kyari follow join cause trouble for here again.... It's well |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by PresidentAtiku(m): 12:23pm On Mar 06, 2020 |
Ehiscotch:I wanted to say"USE YOUR BRAIN" but i just remembered Buhari supporters as all zombies have no reasoning brains. They are default dummies!!! PDP left 6 years ago.... Keep Blaming them 1 Like |
Re: FG To Pay Sunrise Power $200m ‘compensation’ To End Mambilla Dispute by Mykel51(m): 12:23pm On Mar 06, 2020 |
Abba Kyari's sideline of Sunrise has made them 200 million dollars richer...They think the world revolves around the Aso rock...not knowing they are actually poweless before the ICC...It's a shame the tax payers are the ones bearing the brunt of his ego and shenanigans ! 1 Like 1 Share |
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