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Seized presidential jet: Judgment creditor, Chinese firm ready for talks with FG.
The Chinese company behind the seizure of three Nigerian government presidential jets, Zhongshan, has said it is open to discussions and committed to settling the face-off between it and the Nigerian government.
Zhongshan, the Chinese company whose export processing zone management contract was revoked by the Ogun State Government in 2016, had sought the intervention of the French court in his contractual dispute with the state government.
Following this move, the court ordered the seizure of the Federal Government’s jets, having been a respondent in the matter.
It will be recalled that on June 29, 2010, Zhuhai Zhongfu Industrial Group Co Ltd, the parent company of Zhongshan, and the Ogun Guangdong Free Trade Zone entered into an agreement on the establishment of Fucheng Industrial Park within the zone.
This agreement gave Zhuhan the right to develop and run Fucheng Park within the zone.
The Nigeria Export Processing Zones Authority registered Zhongfu International Investment Nig, a subsidiary of Zhongshan, as a free trade zone enterprise within the OGFZ in 2011.
The state government later appointed Zhongfu as the interim manager/administrator of the zone.
However, in July 2016, Zhongfu alleged that the government had moved to terminate its appointment and appoint another manager for the free trade zone.
This caused the Chinese company to commence an investment treaty arbitration against Nigeria, citing the bilateral investment treaty between the People’s Republic of China and Nigeria.
In the cause of the legal battle, an arbitral tribunal awarded Zhongshan about $74.5m in compensation, but the Ogun State Government, which has an axe to grind with Zhongshan, did not honor the award.
Zhongshan’s statement reads, “Zhongshan has only ever sought to assert its rights under international law and is confident in its case. The independent arbitral panel was found unanimously in its favor, and courts in multiple countries have upheld the view that the panel’s compensation should be enforced. The French court was fully aware of the facts when it reached its decision.
“Far from being just a fence, the Ogun Free Trade Zone was featured as a significant international investment by the Economist Intelligence Unit.
“Zhongshan has for a long time been ready to enter serious negotiations with the Federal Government of Nigeria to settle this case and still awaits an indication that the government is equally willing.”
However, the Ogun State government’s response to the incident, was that it described the French court’s verdict as unfair.
Media aide to the state governor, Kayode Akinmade, noted that the aircraft in question, “Are used solely for sovereign purposes and as such are immune from attachment under international and French law. In obtaining the provisional attachments, Zhongshan deliberately withheld information from the Federal Government of Nigeria, Ogun State, and their legal counsel.”
The Federal Government also condemned the seizure of the aircraft, stating that it would explore legal and diplomatic means to resolve the matter.
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One of the gunmen who opened fire on innocent civilians observing Hanukkah at Bondi Beach has been identified as Naveed Akram.
One of the gunmen who opened fire on innocent civilians observing Hanukkah at Bondi Beach has been identified as Naveed Akram.
On of the suspects was disarmed by a bystander and it’s been gathered that the police have arrested one of the suspects.
NB: This page does not support violence and this is just a news report for awareness.
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During a Sunday Service Dr Chris OKAFOR have responded to Doris Ogala on why he didn’t marry her
Pastor Chris Okafor has addressed allegations made by actress Doris Ogala, who claimed he promised to marry her but is now engaged to another woman. During a Sunday service, Okafor reportedly said, “You are just being arrogant to people, taking to people anyhow, you say ‘I no dey respect anybody o, I no well’. Yet you’re a young lady you’re not married na you dey talk like that. Which man wan marry who no well? Which man wan marry you when they know you have slept with different men? God forbid!”.
Okafor’s response comes after Ogala shared her emotional story, alleging that she lost a pregnancy for him, and he made a video of it public. She also claimed he owes her N45 million and that their relationship has left her emotionally broken.
The drama has sparked intense debate online, with many calling for clarity and urging restraint. Ogala has vowed to disrupt Okafor’s wedding, insisting he cannot destroy her life and move on.
https://www.instagram.com/reel/DSPe0JLDX3B/?igsh=a2ZkczJ6azdkeDR0
Trending
Incredible moment hero bystander tackles Bondi Beach gunman and turns gun on him after mass shooting during Jewish party in Australia
A dramatic video has captured the moment a brave bystander disarmed one of the gunmen involved in the deadly Bondi Beach shooting on Sunday, December 14, preventing further bloodshed as chaos unfolded along the crowded shoreline.
The footage shows a man wearing a white T-shirt calmly approaching an armed attacker from behind as the suspect raises his weapon. In a swift move, the bystander grabs the gun, and after a brief struggle, successfully pulls it away from the shooter.
As the assailant falls to the ground, the civilian briefly points the weapon in his direction but does not fire. The gunman then staggers away, while the bystander places the firearm against a nearby tree before stepping back. Moments later, the camera pans to a second gunman, who appears visibly shaken by the sudden turn of events.
The courageous intervention came amid a violent attack in which two gunmen opened fire on beachgoers during a crowded evening at Bondi Beach. Gunshots echoed across the area, triggering panic as hundreds of people fled the sand and surrounding streets.
Police later confirmed that at least 10 people, including one of the attackers, were k!lled in the shooting. The second suspect was taken into custody. Authorities also said at least 12 others were injured, among them two police officers who were shot during the incident.
Witnesses told local media that the attackers exited a vehicle on Campbell Parade near the Bondi Pavilion at about 6:40pm before opening fire. Emergency responders rushed to the scene, with dozens of ambulances and helicopter paramedics deployed to assist victims. Paramedics treated multiple casualties on site, while others were transported to nearby hospitals.
One mother described scenes of terror as panic broke out while her daughters were at the beach with friends. Videos circulating online show large crowds running for safety as gunfire rang out.
NB: This page does not support violence and this is just a news report.
https://www.instagram.com/reel/DSPY_vXjF-n/?igsh=MW43em1hcjE1dDJ0MA==
“Forget the UK, Nigeria has everything” — IJGB man gushes over Nigeria after spending 2 days for Detty December
One of the gunmen who opened fire on innocent civilians observing Hanukkah at Bondi Beach has been identified as Naveed Akram.
During a Sunday Service Dr Chris OKAFOR have responded to Doris Ogala on why he didn’t marry her
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