In a significant move, the present administration has demonstrated its commitment to transparency in governance, as evident in its handling of the $6 billion Mambilla Hydroelectric Power Project arbitration. President Bola Tinubu’s decision to keep the case free from undue political involvement has been praised by many.
This conclusion was reached by the Chief Media Editor of Brooom Nigeria, Prince Babatunde Kolawole based on The arbitration, which involves former Nigerian Presidents Olusegun Obasanjo and Muhammadu Buhari, as well as ex-Minister of Power, Works, and Housing Babatunde Fashola, is a testament to PBAT administration’s willingness to uphold transparency and accountability.
By allowing the arbitration to proceed without political interference, the Tinubu administration has shown that it values the principles of good governance, including transparency, accountability, and the rule of law. This move is expected to boost investor confidence and promote a positive business environment in Nigeria.
As noted by experts, transparency is a crucial tool for effective environmental governance, and the Tinubu administration’s commitment to transparency is a step in the right direction. By promoting transparency and accountability, the administration can help to prevent corruption, ensure that policies are implemented effectively, and promote sustainable development.
Overall, the Tinubu administration’s handling of the Mambilla Hydroelectric Power Project arbitration is a positive indication of its commitment to transparency and good governance.
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