₦airaland Forum

noleflendum:
he will forever regret his outburst against Justice Binta Nyako

When ever one evil is perfected against good, some of you fools would think that the world revolve around you, forgetting that in football match, during penalty shooting, it's one turn after another.

One thing is rest assured.... Like we promised the zoo from the beginning, we're bound with the responsibility to bring the zoo to it's knees and we're doing it, it's just a matter of time before you realize how far we have gone.

madridguy:
I wish Kanu listen to my good advise then.

and who are you??

Xscape1993:
Weak institutions cause by corruption is our main problem in this country. Lie, pretence, fraud, incompetency, tribal, religion, politcal affiliation and greed is killing this country slowly and nobody is saying anything. Funny!!!

You're partially wrong bro, someone is saying something about it, his name is Nnamdi Kanu(Ohamadike ndi Igbo) the question is: what is the response and reactions towards what he's saying about all what you pointed out?

The truth is: the real reason all these big politicians always hopping around some of these so called men of God is not because they're really spiritually connected to God nor because they respect them as men of God, but because of the large congregation they command and control which is politically advantageous to their political banking #FACT!

Psych412:
O Yes😄..... that's my favorite meat😉

Can you check your mail box plz

CoronaVirusPro:
Naaa

That’s a sane family! The nation over personal ambition.

She is a woman, and can keep Biden on his toes if she wanted to. You just have to know it’s a principled family.

Trump is skipping lines and going off point too. The difference is that, no Republican can challenge Trump.

Remember the last word of the Republican Nikki Haley, if Trump should get the the Republican nomination, then America should welcome the first female president. That was long before Biden resigned.

Imagine Biden had a Trump spirit and mentality, he will contest again.

You talk like a coronavirus infested patient; are you coronavirusPromax?

jmoore:
Always calling death. Anyone that has a contrary opinion, your only reply is death.

That's why the movement won't make any sense. A republic that will behead anyone for criticizing their saviour Nnamdi Kanu.

Nonsense!

You're obviously not an Igbo but you keep impersonating to be, there was never any "death" pronouncement in my assertion, otherwise I challenge you to point it out. You're claiming Igbo by typing the incorrect words which you think you know, but ordinary shaking weh I give you with Igbo language you're already blown away into another direction. Ewu ndị ofe mmanụ.

jmoore:
Anyone that doesn't support Nnamdi Kanu is not Igbo? What a ndi egbuwara isi mentality!

Akọ ná uche kọrọ gị, n'ihi nkeá kà ịga eji gbue onwé gí nà atughị anya, mà tinye kwa ézì ná unọ gi n'ihe ntumadị nkè ọkpụtọrọkpụ.

Ọbụrụ na ịmaghị ihe ịga ekwu, imechie ọnụ gị. Akọgherizina ka atụrụ n'enweghi uche.

Yorubastardz:
Na this kind Protest Nigeria Need Right Now

The person who sensored those photos is violating the weapon intense of the protest and the potential bullet against purpose of the protest.

Please someone should wake that man up and remind him he's in ANAMBRA The NoLooseGuard State and not Lagos.

DevilsEqual:

The fact that she hasnt still insulted or attacked the South Africans after the whole saga, is a proof that shes a good person with a clean heart. She would pass for a positivist.


As regards this, Nice Gesture. from her. I hope to see her contest for one political position in the South East, like a Rep Member

She'd do alot for her Eastern Constituency

After the restoration of Biafra you mean?

PointB:
One more thing though, there is no way that speed is 120km/hr, not on that road at least. At 120km/hr no driver can afford to be distracted as reaction time is very short.

I doubt you understand the meaning of the above emboldened, you're just probably seeing it being written. If you admit you don't understand it, someone might explain it to you here.

Throwback:
Any man spending more than 10mins inside a woman, has nothing useful doing.

Oga na lie, if you have the strength and your body count allows you for 30 minutes, why not?

SUFFERInSMILIIN:
You forgot to mention Ghana Cote d'Ivoire Liberia Kenya Ethiopia Mozambique Namibia Tanzania Rwanda Botswana Malawi and Burundi this is when Nigerian men play play his trade. Because the pu-ssy of Nigeria ladies is just too big

When you talk of Nigerian men at the mention of the above countries, is it Yoruba, Hausa or Igbo that are really making this resounding Waves all over the places?

Ayjay44:
mumu they say cultist you say yahoo boy . Are they the same thing?

Idiot

Oga the thing too affect you personally, which way?

nellybadas:
A whole Interpol. Na $3m bust they are pushing to the headlines. When there are multi-million dollar fraud syndicates still operating.

Some of you will just come here struggling to make sense, but continues to make nonsense.

Emu4life:
All these International organizations are only strong when it involves Weak Countries.

UN, Interpol, Human Right etc

Which of the countries is the weak country in this report?

IdeasYapayaski:
Let me borrow your empty head some brains so that when next your are cursing you would not sound as a myopic primitive Igbo...

When Moses said let my people go, did he want any part of Egypt or the part they were living in Egypt No! He left Egypt!

Stop this nonsense of allow us to go and cause another civil war if you don't want another round of decimation and annihilation of your type from the Igbo tribe that are enjoying the benefits of Nigeria's unity.

If you really want to go, Then Go! Park all your things like Israel did and and go away. We will use all your lands for Agriculture projects.

Stop acting like a Fool! It is foolish to say you want to go and remain or forcefully take lands that belongs to Nigeria. You will die! Nigeria's government will not cut 100ft by 100ft land for you how much more a state.

And killing of Nigerian soldiers has serious adverse effects. Lastly, your curse has no effect! Go! if you want to go! Go! Park out of Nigeria!

Empty MUGU

Seefinish:
Nigeria should also go against China investments in Nigeria

Dey play you think is Nairaland bantering? Since Nigerians refuse to admit Nigeria's expiration and honorably disintegrate, then God will have no other options than disgrace them to the ground.

Ogun FTZ deal: Chinese firm targets Nigeria assets in eight countries

Zhongshan Fucheng Industrial Investment Co. Limited, the Chinese firm that got a court injunction to ground three presidential jets belonging to the Federal Government in Europe, has initiated plans to seize other Nigerian assets in the United Kingdom, United States of America and in six other countries, The PUNCH has learnt.

The PUNCH also learnt that the company had instituted legal proceedings in about eight jurisdictions globally, regarding the dispute.

The other countries include Belgium, Canada, France, Singapore and the British Virgin Islands, documents relating to the case, which were obtained by our correspondent, were revealed on Thursday.

This comes as the Federal Government vowed to protect its foreign assets from “predators.”

There has been serious controversy following reports that the Chinese company got judgement to ground three presidential jets belonging to the Federal Government.

In 2001, China and Nigeria signed a bilateral investment treaty aimed at promoting commercial investment between the two countries.

In 2007, Ogun State reportedly entered into a joint venture agreement with a Chinese company and another company to create the Ogun Guangdong Free Trade Zone Company. The Nigeria Export Processing Zones Authority, a Federal Government entity that oversees free-trade zones in Nigeria, then delegated control and operation of the free-trade zone to the company.

In 2010, the Ogun Guangdong Free Trade Zone Company contracted with Zhongshan’s parent company to develop an industrial park in the free-trade zone. The goal was for Zhongshan’s parent company to develop the park and build factories in it for tenants to use.

In the first half of 2016, however, the agreement between both parties was terminated, leading to Zhongshan filing lawsuits in Nigerian federal and state courts seeking reinstatement of its contractual rights but the legal proceedings were discontinued in Spring 2018.

However, a French court, recently, authorised the seizure of three of Nigeria’s presidential jets, two of the jets – a Dassault Falcon 7X and a Boeing 737 – are part of Nigeria’s presidential air fleet that were recently put up for sale and the third, an Airbus 330 purchased by Nigeria, but not yet delivered.

Zhongshan had again dragged Ogun to court, where an independent arbitral tribunal, chaired by the former President of the UK Supreme Court, awarded the Chinese firm $74.5m compensation, which Ogun was yet to pay.

The court order prohibited Nigeria from moving or selling the presidential jets until the Chinese firm was paid the $74.5m by Ogun, its sub-national.

However, documents indicated that the Chinese company attempted to seize a jet being recovered by the country from Dan Etete as proceeds from fraudulent acts in Canada.

The Federal Government had tracked down and grounded the luxury private jet purchased by former petroleum minister, Etete, with some of the alleged proceeds of the notorious $1.3bn Malabu OPL245 oil deal.

“The goal is clear – that Mr Etete will avoid the seizure of an asset he got with stolen Nigerian money, with Zhongshan’s connivance.”

According to the documents, Zhongshan was originally engaged as a developer and manager of Fucheng Industrial Park but was asked to manage the facility after the government terminated the joint venture with CAI because it didn’t meet the necessary requirements.

The document claimed that the Ogun government cancelled the contract after it received a Diplomatic Note 1601 from the Economic and Commercial Section of the PRC Consulate in Lagos, alleging that Guangdong illegally held shares in China Africa Investment Limited, a state asset and that entity (New South Group) was the company properly entitled to manage OGFTZ.

The document read, “In 2007, the Ogun State Government, in partnership with the Guangdong province in China conceived and set up the Ogun Guangdong Free Trade Zone, which sits on 2,000 hectares in Igbesa, Ogun State.

“Ogun State signed a Joint Venture Agreement directly with China Guangdong Xinguang China-Africa Investment Limited representing Guangdong Province in the joint venture. OGFTZ houses several enterprises as well as subdevelopments, including one Fucheng Industrial Park, measuring 224 hectares. In 2010, OGFTZ contracted Zhongshan to develop and manage Fucheng Industrial Park.

“However, in 2012, Ogun State terminated the joint venture with CAI because CAI had not met obligations under the 2007 JVA. Ogun State then appointed Zhongshan as an interim manager of the Zone, since it was already managing Fucheng Industrial Park. In June 2012, Zhongshan assumed management control of a 51 per cent stake in CAI and subsequently signed another JVA with Ogun State Government in September 2013.”

It further stated that the company had been making efforts to enforce the tribunal award.

“As of August 2024, there are court proceedings in about eight jurisdictions of the world regarding this dispute.

“These include USA, UK, Belgium, Canada, France, and the British Virgin Islands. Till date, Zhongshan has not realised a single penny from the Award, and all signs indicate that Zhongshan is unlikely to do so anytime soon.”

It added that company was still tracking the location of Nigerian assets abroad.

Meanwhile, a court document has revealed that the Chinese company was demanding compensation of $130.6m due to a breach of contract by reneging on terms between both parties to create the Ogun Guangdong Free Trade Zone.

The document obtained by our correspondent on Thursday, however, listed the Federal Government as the defendant because the direct agreement was between Nigeria and China and not with the company based on international treaty conditions.

The case filed at the United States District Court for the District of Columbia (No. 1:22-cv-00170) was argued April 22, 2024 and decided August 9, 2024 by Circuit Judges Millett, Katsas and Childs.

In presenting its argument, the company stated that Nigeria violated the Investment Treaty with China in five ways “by failing to provide Zhongshan with fair and equitable treatment, engaging in unreasonable discrimination, neglecting to protect Zhongshan, breaching the contract, and wrongfully expropriating investments without compensation.”

Giving details of the deal, the company said it invested millions of dollars and significant resources to develop and build infrastructure in the industrial park, including roads, utilities and opened services such as a hospital, hotel, supermarket, and bank.

By 2016, businesses had moved into the zone and Nigeria had collected approximately N160m in tax revenue from the free-trade zone.

It read, “In the first half of 2016, however, Ogun State terminated its agreements with Zhongshan. Ogun claimed that a different Chinese company was legally entitled to Zhongshan’s share of the free-trade zone and that Zhongshan had defrauded Ogun.

“Things continued to deteriorate. One Ogun official texted a Zhongshan executive, urging him ‘as a friend’ to ‘leave peacefully when there is opportunity to do so, and avoid forceful removal, complications and possible prosecution.’ The next month, Ogun issued an arrest warrant for two executives, alleging a ‘criminal breach of trust.’

“Nigerian federal police arrested one Zhongshan executive at gunpoint and held him for ten days. During that time, the police denied the executive food and water, beat him, intimidated him, and questioned him about the whereabouts of the other executive.

“Based on these findings, the arbitral tribunal found that Nigeria had breached its obligations under the Investment Treaty and that Zhongshan was entitled to $55.6m in compensation from Nigeria and $75,000 in moral damages, along with interest and legal and arbitral fees.”

Reacting, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), said his office and that of the National Security Adviser have commenced legal and diplomatic moves to recover the three presidential aircraft seized by the Chinese firm.

This was contained in a statement by the Special Adviser to the President on Communication and Publicity, Office of the AGF, Kamarudeen Ogundele, on Thursday in Abuja.

The statement read, “On 14th August 2024, the Federal Government of Nigeria became aware of the interim attachment of three presidential aircraft undergoing routine maintenance in France. The said temporary attachment was made pursuant to exparte orders issued by the Judicial Court of Paris dated 7 March 2024 and 12 August 2024 respectively at the instance of Messrs. Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese company seeking to enforce a Final Award granted in its favour on 26 March 2021, against one of Nigeria’s sub-nationals, Ogun State.

“It is to be noted that the arbitral award arose from an arbitration proceeding which commenced in 2018 as a fallout of a contractual dispute between the Chinese company and Ogun State Government over the operation and management of Ogun Guangdong Free Trade Zone.

“We wish to clarify that, though the dispute originated from engagements of the Ogun State Government, however, the consequential enforcement actions are being directed against the Federal Government and its assets in line with extant principles of international law, which holds that the actions of a subnational or local entity are attributable to the state or country itself.

“The offices of the National Security Adviser and the Attorney-General of the Federation have already set in motion both legal and diplomatic steps to ensure the discharge of the inappropriate orders against the aircrafts, which are covered by sovereign immunity.

“While, further actions are being put in place to resolve the entire dispute through available legal means, the firm position of the Federal Government remains that the aircraft in question are sovereign assets used solely for sovereign purposes and are therefore immune from attachment as Zhongshan has sought to do.”

Meanwhile, the Presidency, in a statement titled ‘Chinese company’s fraudulent attempt to strip Nigeria’s assets abroad’, on Thursday said the efforts by Zhongshan to take over the jets were fraudulent.

The Presidency argued that the use and nature of the jets as assets of a sovereign entity whose assets were protected by diplomatic immunity forbade any foreign court from issuing an order against them.

It said it is convinced that the Chinese company “misled” the Judicial Court of Paris regarding the use and nature of the assets it sought to attach and did not fully disclose to the court as required by law.

The statement, signed by the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, “The Presidency is aware of the various failed attempts by a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, to take over offshore assets of the Federal Government of Nigeria through subterfuge.

“The Federal Government is not under any contractual obligation with the 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.”

Also, the Ogun State Government, on Thursday, faulted the judicial process that led to the provisional attachment of three Nigerian government-owned aircraft in France by the Judicial Court of Paris on March 7 and August 2, 2024.

In a statement signed by the Special Adviser to Governor Dapo Abiodun on Media and Strategy, Kayode Akinmade, the state government described the latest development as “the new antics by the Chinese company to appropriate Nigerian assets in foreign jurisdictions, as past efforts had continually failed.”

The statement described the legal process “as nothing but a total charade with fraudulent notion,” adding that the company deliberately concealed the litigation from both the Nigerian government and Ogun State, as well as their legal counsels before hurriedly securing orders of seizure.

The state government said the company must have misled the Judicial Court of Paris on the use and nature of the assets it sought to attach and not make full disclosure to the court as required by law.

The statement read, “On 14 August 2024, the attention of the Ogun State Government was drawn to the provisional attachment of three Nigerian government-owned aircraft in France by the Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd. (Zhongshan).

“Ogun State also learned of two orders of the Judicial Court of Paris dated 7 March 2024 and 12 August 2024 respectively, both obtained by Zhongshan without notice being duly given to the Federal Government of Nigeria, Ogun State or their legal counsel.

“This is the latest in a series of ill-advised attempts by Zhongshan to attach Nigerian-owned assets in foreign jurisdictions, none of which have to date led to the recovery of any sums from Nigeria.

“Each of the three aircraft is used solely for sovereign purposes and as such are immune from attachment under international and French laws.

“In obtaining the provisional attachments, Zhongshan deliberately withheld information from the Federal Government of Nigeria, Ogun State and their legal counsel.

“Just like the P&ID case, this is another unfortunate case of unscrupulous individuals masquerading as foreign investors with the sole aim of defrauding Ogun State and Nigeria.

“It should be recalled that the underlying contract between Ogun State and Zhongshan was executed in 2007, 12 years before the present administration, for the management of a free-trade zone. The parties entered into a dispute in 2015 with arbitration commencing in 2016.”

It added, “By 2019, when the current State Administration took office, the hearing at the arbitration had been all but concluded. The Arbitral Panel awarded over 60 million USD against the Federal Government of Nigeria (FGN) which was a co-Defendant, when all Zhongshan had done was to build a perimeter fence around the free-trade zone. Needless to say this was a bad/unfair decision.

“The present State Administration could not in all good conscience allow such an unconscionable and baseless decision, which would dissipate the commonwealth of the good people of Ogun State, to stand.

“Accordingly, and based on erudite legal advice, this Administration resolved to resist the enforcement of the award. The resistance was successful in eight different jurisdictions. Currently, there are pending appeals against recognition orders issued in both the US and UK,” the statement read.

https://www.google.com/amp/s/punchng.com/ogun-ftz-deal-chinese-firm-targets-nigeria-assets-in-eight-countries/%3famp

LegendHero:
lol

We’ve always heard from Ibo people that they want another country. Shouldn’t they be happy that someone is helping them fulfil their ambition by telling them to leave the SW?

Only Lagospedia spoke and south east leader had to go beg Atiku to help them beg the SW governor. Their senators, ohaneze, and now house of rep leaders are panicking and running about in fear.

What did they do when Ibo told Fulani to go the other time? Did they condemned it?

If you like save the newspaper till your 5th reincarnation, we're not apologetic about that statement and we mean and determine every word therein anytime any day. We're allergic to terrorists and terrorism.

jkpbestseries:
i will try it in Nigeria

You see the dressing he wore to court? If you try it in Nigeria, on the court day they will bundle you into the court room on torn singlet and boxers, na then you go know say Nija no be Kenya. Lawlessness na your mate?

Cooletempa:
And some fo0l want this animal released… :

Calling him an animal didn't and can never change anything. What makes him a Great Man that he is' is that even in the face of his incarceration in the net of his enemies, he remains fearless as a lion and all those his opinions and statements, he still maintains his position on all of it, or have he denounce or deny anyone of it? That's the bravest man in the whole world you're talking about, don't just talk because you can. No one in Africa as of today can stand to challenge a beast like Nigeria as he has done. Even those you're expecting to kill him are wisely scared of the Lion of Africa Himself, Mazi Nnamdi Kanu (Ohamadike gburugburu). So you can craw back to your hole.

PerfectStranger:
That turkey brand oil tho

I use to think it was strictly for frying turkey. The high value and respect I placed on that oil ehn,Dayumm! I'm old. I even thought Nurses were Doctor's wife.

Funny enough non of us will be alive to witness 3024, RIP to everyone in advance

Are you saying there's no one that witnessed 1924 that's still alive now?

maxiuc:
Rochas okorocha though stole from Imo state but after Sam mbakwe am yet to see a Governor better than him...... Rochas okorocha handled ipob matters so carefully he gave them their path and Alex otti is doing the Same that's how it is supposed to be everything is not gra gra

You're correct totally.

Most of these Eastern Governors are just stupidly confused. You can never see any Western or Northern Governor attacking or opposing this kind of events within their Region. Obiano and Okorocha as Governors respectively Honored and Observed Heroes Day during their reign including Ifeanyi Okowa.

Even Soludo in a low-key observd it a day after his swearing-in as current Governor. These present morons are waiting for Tinubu to give them go ahead order before they do what they know to be sacrosanct.

God1000:
Great move from these countries, there will be no peace in the middle east without a two state solution and there will be no two state solution without a Palestinian state.

Humanity wins.


Empathy for Palestinians cannot mean sympathy for Hamas, anybody hating me for supporting Palestinians must be wicked

If you support Palestinian State and condemns Biafran State, that will be the reason why God will punish you.

These people are not human beings but animals in their way of reasoning, even some animals has a better reasoning capacity than them. It's not just about HAMAS but anyone associated to ISLAMIC Religion.

I don't blame them that much but those who supports and sympathizes with them. They know very well they can't stand Isreal in confrontation, yet they'd hide in midsts of innocent civilians to be carrying out their terrorism activities against those that could crush them at will.

They'd be the first to start it and will be the only one crying and shouting victimization when retaliation beggings.

There's a symptom responsible for global crises and lack of Peace, that symptom is ISLAMIC Religion. If Islam seize to exist, there will be overwhelming PEACE Globally.

TinubuThief:
Where did she get the money from?
Nigeria is a conglomerate of Thieves and criminals

If only you read the first to third paragraph of the story, you wouldn't have asked this out of point question. Una too lazy for almost everything in this country.


But forget o women are more professional in thiefing. Their own thiefing standard na superb, if you don't take extra precautions with them, you hardly suspect until they're done and gone.

How come we never knew about him, or is it just me?

Almaigaa:
Lies.
Show me any Rice farm for Anambra. My Rice farm for Kaduna big pass the entire Anambra State

MUGU

Topman7:
Groom price?

Must everything be money for you people?

Na wa

See them praising you, instead of you to cool down, you’re already demanding money.

Who do una this thing?

Abi they used money to swear for you people in this country?

wetin you dey talk sef? Person wan marry me, e-no go pay groom price?