Federal Government, yesterday, accused a Chinese firm, Zhongshan Fucheng Industrial Investment Co. Limited, of secretly striving
to use legal means to take over Nigeria's assets abroad, over a failed business deal with Ogun State. to use legal means to take over Nigeria’s assets abroad, over a failed business deal with Ogun State.
Similarly, Ogun State accused the Chinese firm of acting dubiously and fraudulently, even as the former Presidential Candidate of Labour Party , Mr Peter Obi, described the order to seize the presidential jests as an international embarrassment. “When the contract with Ogun State was revoked in 2015, the company had only erected a perimeter fence on the land earmarked for a free trade zone.
“We want to assure Nigerians that the Federal Government is working with the Ogun State Government to discharge this frivolous order in Paris immediately. According to the statement, Ogun State, together with the Federal Government, had already taken immediate action to ensure that those provisional attachments are lifted quickly, even as it accused the company of reneging on the earlier discussion for an amicable resolution of the case.
“Added to it is the embarrassing aspect of our country’s presidential jets being held for contractual breaches arising from yet another dimension of inadequate leadership tidiness. Six months after the Lagos State Ministry of Environment and Water Resources cleared the Obalende Underbridge in Ikoyi-Obalende Local Council Development Area , miscreants, squatters, ram sellers and others have returned to the area.
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