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Jets Seizure: FG Accuses Chinese Firm Of ‘Fraudulent’ Attempt To Strip Nigeria’s Assets

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The Federal Government of Nigeria has accused a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, of subterfuge after a French court ruled in favour of the firm and granted the seizure of presidential jets belonging to the Nigerian government.

In a statement on Thursday, presidential spokesman Bayo Onanuga alleged that the Chinese firm is trying “to take over offshore assets of the Federal Government of Nigeria through subterfuge”.

In the dispute involving an arbitration award, the court in Paris ruled in favour of the Chinese firm, allowing it to seize three presidential jets on routine maintenance in France as “security” for claims in a decades-long judicial matter between the foreign company and the Ogun State government.

Free-Trade Zone RowBack in 2007, the foreign firm signed a contract with the Ogun State government to manage a free-trade zone but the contract was revoked by the state government in 2015.

Displeased, Zhongshan initiated an investment treaty arbitration against Nigeria under the bilateral investment treaty between the People’s Republic of China and Nigeria (the China-Nigeria BIT).

The arbitrators ruled that Nigeria was in breach of its obligations under the China-Nigeria BIT and awarded Zhongshan compensation amounting to millions of dollars.

The Nigerian government and the subnational appealed the matter in “eight” jurisdictions including the United Kingdom and the United States.

The latest jurisdiction is in France, where three Nigerian presidential jets are on routine maintenance.

According to reports, the court in Paris held that the seizure of the jets was to “preserve the claim arising from the arbitration award dated 26 March 2021, made by an ad hoc arbitral tribunal”.

But the Nigerian government said it 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,” Onanuga said, flaying Zhongshan which he said “has no solid ground to demand restitution from the Ogun State Government based on the facts regarding the 2007 contract between the company and the State Government to manage a free-trade zone”.

“When the contract with Ogun State was revoked in 2015, the company had only erected a perimeter fence on the land earmarked for a free trade zone,” he said.

Arm-Twisting Tactics?

Onanuga said despite that the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has been working with the Ogun State Government on an amicable resolution, “Zhongshan obtained two orders from the Judicial Court of Paris dated March 7, 2024, and August 12, 2024, without any notice being duly served on the Federal Government of Nigeria and Ogun State 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.

“The material facts in the transaction between the Ogun State Government and Zhongshan point to another P&ID case in which unscrupulous and questionable individuals falsely present themselves as investors with the sole objective of undercutting and scamming Governments in Africa.

”He claimed the foreign company “withheld vital information and misled the Judicial Court in Paris into attaching the Nigerian government’s presidential jets, which are on routine maintenance in France”.

“The use and nature of the Presidential jets as assets of a Sovereign entity whose assets are protected by diplomatic immunity forbid any foreign Court from issuing an order against them.

“We want to assure Nigerians that the Federal Government is working with the Ogun State 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,” he noted.

Shrinking Presidential Fleet:

The court order came amid a controversy surrounding the planned purchase of a new presidential jet for President Bola Tinubu who has had to use hired jets for official trips in recent times due to faulty presidential jets.

The health state of the Presidential Air Fleet has been source of concern of late.

In May, a faulty presidential jet stopped Vice President Kashim Shettima from attending the 2024 US-Africa Business Summit hosted by the Corporate Council on Africa.

Last December, a presidential aircraft, Falcon 900B, was put up for sale, with the Nigerian Air Force (NAF) asking interested persons to submit their bids for the purchase of the aircraft.

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Commercial Bus Engulfed in Flames on Third Mainland Bridge

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A commercial bus burst into flames on the Third Mainland Bridge in Lagos on Monday, February 2, 2026, triggering heavy traffic gridlock and prompting a swift response from emergency services.

The incident occurred near the University of Lagos (UNILAG) Waterfront area, on the section heading inward toward Iyana Oworo.

According to the Lagos State Traffic Management Authority (LASTMA), the fire engulfed the vehicle, leading to significant congestion with tailbacks extending as far as Adekunle.

Fire service officials rushed to the scene to extinguish the blaze, while LASTMA officers managed traffic flow and ensured safety in the area. Motorists were advised to exercise patience as responders worked to clear the obstruction.

Reports from witnesses and social media described chaotic scenes, with videos circulating online showing the bus ablaze.

Some accounts noted the vehicle was a commercial “danfo” bus, though initial details on the cause such as a possible mechanical failure remain under investigation.

The Third Mainland Bridge, one of Lagos’ busiest and most critical roadways, has seen similar vehicle fire incidents in the past, often exacerbating commuter woes in the megacity.

Authorities have since begun clearing the remnants of the bus to restore normal movement, but commuters should anticipate delays in the vicinity until full clearance.

No fatalities were immediately reported, though further updates on injuries or the exact cause are awaited.

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Anambra Govt: Ignore Fake Old Videos on Monday Sit-at-Home

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The Anambra State Government under the leadership of Governor Chukwuma Charles Soludo, CFR, wishes to address with utmost concern the deliberate and malicious circulation of old, graphic videos depicting violent incidents from the dark period of unknown gunmen activities in our State.

These disturbing images and videos are being recycled by criminal elements and economic saboteurs to instill fear in the hearts of Ndi Anambra, particularly our enterprising traders and business owners.

THE TRUTH ABOUT THESE VIDEOS: The Anambra State Government categorically states that the horrific videos currently circulating on social media platforms, including those showing victims of brutal attacks from years past, are OLD FOOTAGE being deliberately recirculated to create panic and aid economic sabotage with perpetuation of the retrogressive, outlawed Monday sit-at-home order.

These videos date back to the troubled period between 2021 and 2023 when criminal gangs terrorised our State under the guise of enforcing illegal sit-at-home orders.

We are particularly disturbed by the circulation of images relating to past tragic incidents, including those involving respected members of our society who fell victim to senseless violence during that dark chapter.

The circulation of such graphic content is not only insensitive to the families of victims but represents a calculated attempt to psychologically manipulate Ndi Anambra at this time.

THE CURRENT REALITY: The Indigenous People of Biafra (IPOB) has publicly denied issuing any sit-at-home order for Monday, February 2, 2026 or any other day in the future.

The recent one-week closure of Onitsha Main Market by Governor Soludo was a necessary measure to break the cycle of economic losses caused by the continued, unauthorised observance of Monday sit-at-home.

This action was taken in the best interest of our economy and the livelihoods of our people.Anambra State today is significantly more secure than it was during the period when those old videos were recorded.

Our security architecture has been substantially strengthened through collaborative efforts with joint security agencies, including the effective state vigilante network codenamed Agunechemba.

WHO BENEFITS FROM YOUR FEAR? Ask yourself: Who profits when Anambra’s economy is paralysed? Who gains when our markets remain closed and our people live in perpetual fear?

The answer is clear: criminal elements, economic saboteurs, and enemies of progress who wish to keep Ndi Anambra in bondage through psychological manipulation.

These merchants of fear have no genuine concern for the welfare of Ndi Anambra. Their aim is to: Cripple our economy

Undermine the authority of legitimate government

Create an atmosphere of chaos that allows criminality to thrive

Prevent the hardworking people of Anambra from earning their daily bread

GOVERNMENT’S COMMITMENT TO SECURITY :

The Anambra State Government, under the leadership of Governor Chukwuma Charles Soludo, CFR, wishes to assure all residents and business owners of the following:

Enhanced Security Deployment : Robust security arrangements have been put in place across the State, with particular attention to commercial centres, markets, and major highways.

Intelligence-Driven Operations : Our security agencies are actively monitoring and will deal decisively with any individuals or groups attempting to disrupt public peace or engage in violent activities.

Zero Tolerance for Criminality : Anyone found spreading false information, creating panic, or engaging in acts of violence will face the full wrath of the law.

Protection of Economic Activities : The State Government is committed to protecting the rights of every citizen to engage in legitimate economic activities without fear or intimidation.

OUR APPEAL TO NDI ANAMBRA: We urge all residents of Anambra State, particularly our traders, artisans, transporters, and business owners to:

– Disregard the trending malicious old videos and refuse to be manipulated by fear-mongers

– Resume normal business activities with confidence that your safety is guaranteed

– Report suspicious individuals circulating panic

-inducing materials to security agencies

– Verify information from official government sources before acting on social media rumours

– Stand united against those who seek to hold our State hostage through psychological warfare

THE CHOICE IS IN OUR HANDS: Ndi Anambra, our destiny is in our hands. We can either allow faceless criminals to continue dictating how we live our lives, or we can reclaim our State and our economic destiny.

The recycled videos being circulated are from a past we are moving away from, a past that only returns if we allow fear to paralyse us.

The government has done its part by ensuring robust security. Now, we call on you to do your part by refusing to be intimidated, opening your shops, going to work, going to school, and living your lives normally.

ANAMBRA IS ON THE RISE! We have come too far and sacrificed too much to allow criminals and saboteurs to drag us back into darkness.

Today, marks a new beginning, a day when Ndi Anambra say NO to fear and YES to progress, prosperity, and peace.

Let us show the world that Anambra State is open for business, and that no amount of psychological manipulation will deter us from building the prosperous homeland we all desire.

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Niger Speaker Lauds Army, DSS, and Security Agencies for Successfully Dislodging Bandits in the State

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Speaker of the Niger State House of Assembly, Rt. Hon. Abdulmalik Mohammed Sarkin-Daji, has commended the Nigerian Army, the Department of State Services (DSS), and other security agencies for what he described as remarkable successes recorded against bandits in Mariga LGA and parts of the Niger North senatorial district of the state.

The Speaker described the operation as a major breakthrough in the fight against insecurity in the state, noting that the bravery, professionalism, and commitment demonstrated by the security personnel resulted in the death of several bandits, while others were successfully arrested by the security agencies.

The Speaker’s commendation was contained in a statement issued on Sunday by the Assembly’s acting head, Directorate of Media and Public Relations, Mairo Adamu Mani.

The Speaker “stated that this decisive action has greatly weakened the activities of criminal elements in the affected areas and restored confidence among residents who had lived in fear for a long time,” noted the statement.

“Rt. Hon. Abdulmalik Mohammed Sarkin-Daji further praised the tireless efforts of the security agencies, especially special forces and DSS operatives, for their continuous sacrifices in protecting lives and property across Niger State and Nigeria at large.

The statement quoted the Speaker as commending the joint clearance operations by the Army and the DSS, which he said was based on intelligence, and resulted in the rescue of over 70 kidnapped persons in the state.

“He acknowledged the risks involved in such operations and expressed deep appreciation to the officers and men who put their lives on the line to ensure peace, stability, and the safety of citizens, especially in vulnerable communities.

“The Speaker assured the security agencies of the unwavering support and cooperation of the Niger State Government, emphasizing that the state will continue to provide all necessary assistance to strengthen security operations,” further stated the Assembly spokesman.

Niger state government, remarked the statement, “remains fully committed to working closely with all security stakeholders to ensure that the lingering challenges of insecurity are completely addressed and brought to an end.

“The Speaker “also appealed to all Nigerlites to remain calm, vigilant, and law-abiding, assuring them that the government considers the security of lives and property as its topmost priority.

“The Speaker encouraged residents to continue to support security agencies by providing credible and timely information that will aid ongoing and future operations aimed at sustaining peace and stability across the state,” the statement declared.

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