Zhongshan, the Chinese company embroiled in a legal battle with the Ogun State government, has expressed a willingness to settle with the Nigerian government following a French court’s authorization to seize three Nigerian presidential jets. The court’s ruling restricts the movement, sale, or purchase of the aircraft until Zhongshan receives $74.5 million, as awarded in … Read more
The Presidency has acknowledged attempts by the Chinese company Zhongshan Fucheng Industrial Investment Co. Limited to claim offshore assets of the Federal Government of Nigeria through questionable methods. EDITOR’S PICKS Focus on Hard Work, Not Just Prosperity – Osinbajo Tells Nigerian Churches Olympics Best Basketball Coach: Tinubu Hails As D’Tigress’ Wakama On Award WAEC to … Read more
A French court has authorized the seizure of three presidential jets linked to the Nigerian government in connection with a legal battle involving the Chinese company, Zhongshan. The dispute, which originated from a business disagreement with the Ogun State government, has escalated into a significant legal action, sources informed Premium Times. EDITOR’S PICKS Focus on … Read more