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Chinese coy plotting to strip Nigeria of assets – Presidency

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The Presidency is aware of failed attempts by Zhongshan Fucheng Industrial Investment Co. Ltd., a Chinese company, to take over offshore assets of Nigeria through subterfuge.

Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement, said Zhongshan misled the Judicial Court in Paris into attaching Nigeria’s presidential jets in its judgment against Ogun government.

He faulted the use of the presidential jets which were on routine maintenance in France.

According to him, the presidential jets are assets of a Sovereign entity protected by diplomatic immunity, which forbids any foreign court from issuing an order against them.

“We are convinced the Chinese company misled the Judicial Court of Paris regarding the use and nature of the assets it seeks to attach and did not fully disclose to the court as required by law,” he said.

He said Federal Government was not under any contractual obligation with the Chinese company.

“The case in which Zhongshan is trying to use every unorthodox means to strip our offshore assets is between the company and the Ogun State government.

“The Federal Government is fully aware of efforts being made by the Ogun State government to reach an amicable resolution on the matter,” said Onanuga.

He said the company had no solid ground to demand restitution from Ogun government based on the facts regarding the 2007 contract between the company and the state government to manage a free-trade zone.

He said that when the contract with Ogun was revoked in 2015, the company had only erected a perimeter fence on the land earmarked for a free trade zone.

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According to him, while the Attorney-General of the Federation and Minister of Justice was working with the Ogun government on an amicable resolution, Zhongshan obtained two orders from the Judicial Court of Paris.

He said the court orders were dated March 7, and August 12, but no notice was duly served on the Federal Government of Nigeria and Ogun government.

“This arm-twisting tactic by the Chinese company is the latest in a long list of failed moves to attach Nigerian government-owned assets in foreign jurisdictions,” said Onanuga.

He said unscrupulous and questionable individuals were falsely presenting themselves as investors with the sole objective of undercutting and scamming governments in Africa.

He said the same Chinese company had tried to enforce its questionable judgment in the UK and USA but failed.

He was emphatic that foreign companies were trying to defraud Nigeria with the collaboration of some bureaucrats.

“Zhongshan appeared to have sold the judgment they got to a venture capitalist seeking to make money by embarrassing the Federal Government and President Bola Tinubu.

“We want to assure Nigerians that the Federal Government is working with the Ogun government to discharge this frivolous order in Paris immediately.

“Nigerian government will always work to protect our national assets from predators and shylocks who masquerade as investors,” said Onanuga.

The News Agency of Nigeria (NAN) reports that the contract between Ogun and Zhongshan to manage a free-trade zone was executed in 2007.

The parties entered into a dispute in 2015, and arbitration began in 2016.

By 2019, the arbitration hearing had been concluded.

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The Arbitral Panel awarded over 60 million dollars against the Federal Government of Nigeria, a co-defendant, when all Zhongshan had done was build a perimeter fence around the free-trade zone.

Based on legal advice, the Ogun government resolved to resist the enforcement of the award.

The resistance was successful in eight different jurisdictions. There are pending appeals against recognition orders issued in both the US and UK.

Ogun State also engaged Zhongshan in settlement discussions on reasonable terms.

The last meeting, held in September 2023 in London, was attended by several officials of Ogun, including Gov. Dapo Abiodun and Prince Lateef Fagbemi, Attorney General/Minister of Justice.

Zhongshan’s initial reasonable readiness to consider Ogun State’s offer was surprisingly reversed by the second day when it insisted on the government paying the full arbitration debt.

This led to a breakdown of the mediation, with parties agreeing to meet again in the first quarter of this year.

But Onanuga said since then, Zhongshan has been evasive.

“Instead, it embarked on a series of enforcement proceedings, which the legal team appointed by the Federal Government and Ogun successfully opposed.

“In cases similar to the present one, where Zhongshan obtained an ex-parte order, Ogun State successfully set aside the orders.

“Ogun has not given up on a reasonable settlement option, with the most recent letter sent to Zhongshan last week.

“Zhongshan only responded after obtaining this latest illegal order,” said Onanuga. (NAN

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Stop misleading public —Zamfara APC Supporters Warns Jaji

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Supporters of the All Progressive Congress (APC) in Zamfara State have issued a stern warning to Aminu Sani Jaji, the member of parliament representing Kaura/Birnin Magaji Federal Constituency, accusing him of misleading the public and betraying the party’s values.

The group has called on Jaji to cease associating himself with the APC, claiming his actions are a deliberate attempt to undermine the party and its leadership.

In a statement released on Sunday, Muhammad kabir Birnin Magaji, chairman of the APC supporters’ group, lambasted Jaji for what he described as “anti-party activities” that led to his suspension from the APC.

“We have repeatedly warned him to stop linking himself with the party, as his actions and utterances do not reflect the values of the APC,” kabir said.

“His continuous attempts to associate with us are deceptive and unacceptable.”

The supporters dismissed Jaji’s criticisms of Matawalle as baseless, asserting that the lawmaker owes much of his political career to the influence of Matawalle and former Governor Abdulaziz Yari.

Kabir highlighted a specific point of contention: Jaji’s apparent frustration over the distribution of seven trucks of rice donated by President Bola Tinubu during Ramadan, which Matawalle oversaw.

“The minister launched the distribution, and genuine APC members witnessed it being shared peacefully across the state,” he said.

“Why is Jaji so pained about this? He is not the only lawmaker in the party from Zamfara—there are senators and other representatives ahead of him.”

The chairman went further, noting that Matawalle has personally funded the distribution of over 50 trucks of rice,
distributed sum of one billion naira to the party’s stakeholders,too
and 100 cows to APC supporters in Zamfara during this Sallah celebrations.

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“Why is Jaji concerned about this if he is not working for the Peoples Democratic Party (PDP)?” kabir questioned.

The APC supporters accused Jaji of aligning himself with PDP Governor Lawal Dare to destabilise the APC in Zamfara.

Kabir, said Jaji held meetings with PDP members during Ramadan, but there’s no evidence he distributed anything—not even to them,” kabir added.

Jaji’s conduct, the group argued, exposes him as a “two-faced and unprincipled figure” more interested in personal gain than party loyalty.

The group pointed to his ongoing antagonism towards Zamfara APC Chairman Tukur Danfulani and his alleged attempts to tarnish the reputations of Matawalle and Yari—two of the state’s most influential political heavyweights—as evidence of his disloyalty.“

It is absurd for Jaji to compare himself to Matawalle, whose leadership and political experience far surpass anything Jaji has achieved,” kabir said.

“His hypocrisy in parading himself as an APC member while secretly working with the opposition to sabotage us is disgraceful.”

The supporters urged Jaji to leave the APC and test his political relevance independently.

“Jaji’s politics is based on eye service. Whenever he comes to Abuja, he acts like a big man, but in Zamfara State, he is a nobody. If he thinks he is popular, he should join another party and test his popularity.

“The APC in Zamfara has no room for treachery and disloyalty—his charade must end now.

“If he truly believes he is significant, let him join another party and see if he can secure re-election without the support of Matawalle, Yari, and their loyal followers,” Kabir challenged.

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Eid-el-Fitr: Unity, Prayers Key to Security – Matawalle

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As Muslims in Nigeria and around the world celebrate Eid-el-Fitr, marking the end of the holy month of Ramadan, the Honourable Minister of State for Defence, Dr Bello Matawalle,
urged Nigerians to continue supporting and praying for the military, noting that the Federal Government has made significant strides in combating insurgency and insecurity since President Bola Ahmed Tinubu took office.

has praised the resilience and dedication of the country’s Armed Forces and security agencies.

In a statement issued by his Special Assistant on Media, Ahmed Dan-Wudil, Dr Matawalle commended the tireless efforts of security personnel in safeguarding the nation.

He urged Nigerians to continue supporting and praying for the military, noting that the Federal Government has made significant strides in combating insurgency and insecurity since President Bola Ahmed Tinubu took office.

While acknowledging that security challenges have not been entirely eradicated, the minister expressed confidence in the administration’s achievements, rating its performance in tackling insecurity at 9 out of 10. He assured Nigerians that, by the end of the year, the country would be “99 per cent free from insecurity, by God’s grace.”

“As we celebrate today, let us remember the families of our fallen heroes—those who have paid the supreme price in defending our sovereignty. Their sacrifices shall never be in vain,” he said. “We remain committed to ensuring the welfare of our troops and their loved ones, as well as strengthening our military capabilities to address security challenges effectively.”

Dr Matawalle reiterated the Federal Government’s unwavering commitment to national security, economic growth, and social development.

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He highlighted ongoing efforts to combat terrorism, insurgency, banditry, and other criminal activities through enhanced military operations, strategic partnerships, and intelligence-driven approaches.

However, he stressed that security is not the sole responsibility of the government and security forces, but a collective duty of all citizens.

He urged community leaders, religious scholars, and traditional rulers to work closely with security agencies by providing timely information and fostering peace.

“Eid-el-Fitr is a time of love, kindness, and reconciliation,” he said. “Let us use this period to strengthen the bonds of brotherhood, forgive one another, and embrace the spirit of tolerance and understanding.”

The minister also called on Nigerians to extend a helping hand to the less privileged, including orphans and widows, emphasising that the true essence of Eid lies in sharing and caring for others.

“As we mark this special day, I pray that Almighty Allah accepts our fasting, prayers, and good deeds. May He grant us peace, prosperity, and continued progress as a nation. May He protect our gallant Armed Forces, bless their efforts, and reward them abundantly for their sacrifices.

“Eid Mubarak to you all! May this celebration bring renewed hope, joy, and divine blessings to our homes and communities.”

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I nearly quit 2023 presidential race, says Tinubu

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President Bola Tinubu said he nearly quit the 2023 presidential race.

The President said this at a special Iftar held in his honour at the Presidential Villa on Saturday night,

President Tinubu thanked guests for their presence, prayers, and contributions to the nation’s development, and appreciated Nigerians for their outpouring of goodwill and prayers as he marked his 73rd birthday.

Reflecting on his political journey, President Tinubu recounted a moment of doubt during the 2023 election campaign when he contemplated withdrawing from the race after an encounter with a close relative.

“Those close to me know that the odds were against me. During the campaigns, one of them came to my living room around 3:30 a.m. and said he needed just N50,000 to buy foodstuff for our uncle.

“He told me, ‘The currency is gone because of you. People are jumping over bank counters because there is no cash. Our uncle, a wealthy man, doesn’t even have N10,000 in cash. What are you running for?

“I told him, ‘I am running for President, not for you and our uncle.’ I gave him the N50,000. As he walked out, he turned to me and said, ‘I don’t think you will make it.’ I replied, ‘I will make it,’” said Tinubu.

The President stated that his uncle later called to confirm receiving the money but admitted that he had only given the messenger N10,000, keeping the rest.

“I was amazed. At that moment, I almost dropped the idea of running for President. But thanks to Aminu Masari and all of you who encouraged me.

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“When I came to Abuja, Masari told me, ‘I am the Chairman of the North West Group; don’t look back’,” he said.

President Tinubu noted that he assumed office during a time of economic uncertainty and had to make immediate, difficult decisions, including removing the fuel subsidy.

“On the day of my inauguration, I had to decide on something not originally in my speech, and that was the fuel subsidy removal,” he said.

Noting that Nigeria had reached a point of no return on the issue, the President said: “The hallmark of a great leader is the ability to make the right decision at the right time.

“That was the day I declared that the subsidy was gone. The following day, I was hounded and thoroughly abused in the media. But I stood firm, knowing it was the right thing to do for our nation’s future.”

Vice President Kashim Shettima lauded the President’s sacrifices, stating that history will remember him as the leader who took on the nation’s most complex challenges.

“Thanks to his boldness, future presidents of Nigeria will not have to wrestle with the same ghosts that haunted past administrations, including fraud-ridden fuel subsidies, an unstable forex market, and the suppression of local government autonomy.

“These were the thorny issues that many before him sidestepped. But Asiwaju did not sidestep history; he came to rewrite it.

“And in rewriting it, Asiwaju has taken the bullets that many before him simply lacked the courage to face.

“But that is the thing about true leadership: it is not for those who seek comfort. It is for those who understand that the path to national greatness is lined with difficult choices,” he said.

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Sen. Godswill Akpabio, President of the Senate, praised the President’s ability to forgive and his relentless passion for national development.

Akpabio described the President as a leader who thinks outside the box and as the ‘most audacious president’ in the country’s history.

He said under Tinubu’s watch, governors were getting more allocation.

“If I were a governor under your administration, I would have been a ‘supernatural governor’ and not an uncommon governor,” he said.

Mr Benjamin Kalu, Deputy Speaker of the House of Representatives, described President Tinubu as a leader who has broken barriers and uplifted future Nigerian politicians.

He noted that the President had taken a backseat to raising leaders for decades.

“Today, he is at the forefront because Nigeria needs him. In 2019, despite not being from his region, he supported me in my most difficult political moment.

“Nigeria needs leaders who rise above tribal considerations, and he has demonstrated that,” he said.

Gov. Hope Uzodinma of Imo State commended the President’s decisive leadership at a time when Nigeria needed stability.

“Only a leader with deep conviction and love for the country could have taken the bold and yet necessary decisions that averted national collapse and now restoring hope and confidence across the federation,” he said.

Dr. Bosun Tijjani, Minister of Communications, Innovation, and Digital Economy, shared his personal experience of being appointed by President Tinubu despite his past activism.

“Before my appointment, I had never met the President. But after my confirmation, he told me, ‘I have looked at your records and activism, and I am giving you an opportunity to serve,’” he said.

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The minister recounted a recent meeting at the World Bank, where a senior official described Tinubu as the best reformist leader in Africa today.

Prof. Shaffideen Amuwo, a childhood friend of the President, reminisced about their early years and how divine providence led Tinubu to the presidency.

“Our relationship did not just start in Chicago; we played soccer together as children.

“While I chose the library, my brother chose politics because he loved to speak. Today, Allah has shown His greatness by guiding him to lead Nigeria.

“The city of Chicago, founded by a Black man, has educated the man who now leads the most populous Black nation on earth.

“I pray that Allah continues to hold his hand and guide him as he works to save our country,” he said. (NAN)

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