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News and Analysis — Investment Arbitration — ICSID

New ICC arbitration proceedings bring debate on global pandemic’s social and economic impact into sharp focus

, and Diego L. Alonso Massa

June 11, 2021 . 12:26 PM

3 min read

Photo by Fusion Medical Animation / Unsplash

Nigeria has allegedly failed to abide by its obligation to pay the USD 200,000,000 million compensation agreed upon in its January 2020 settlement agreement with Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) regarding their 2017 ICC arbitration proceedings, reports local news.

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