News
Jets Seizure: FG Accuses Chinese Firm Of ‘Fraudulent’ Attempt To Strip Nigeria’s Assets
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in 2007, the foreign firm signed a contract with the Ogun State government to manage a free-trade zone but the contract was revoked by the state government in 2015.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“When the contract with Ogun State was revoked in 2015, the company had only erected a perimeter fence on the land earmarked for a free trade zone,” he said.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.
News
Anambra Achieves ‘100% Healthy’ Rating in Open Government Partnership Subnational Ranking
By Christian ABURIME
In a strong validation of institutional transparency and accountability, Anambra State has attained the highest possible “100% Healthy” rating in the latest Open Government Partnership (OGP) Nigeria Subnational Status Ranking released in July 2026.
The ranking evaluates participating states across a rigorous nine-point framework that measures genuine openness, accountability, and citizen engagement in governance. Anambra’s perfect score reflects full compliance and strong performance across all assessed criteria, based on verifiable actions rather than declarations.
Under the leadership of Governor Chukwuma Charles Soludo, CFR, the state has embedded a culture of structured governance that prioritises systems, predictability, and measurable results. The OGP assessment highlights Anambra’s political will, resource commitment, and consistent implementation of open government reforms.
“This rating is not an isolated achievement but the natural outcome of a deliberate approach to public administration,” sources familiar with the state’s reforms noted. Governor Soludo’s background as an economist and institution-builder has shaped policies that favour enduring structures over short-term visibility.
The state’s performance aligns with broader gains in service delivery, including notable improvements in primary healthcare that have earned recognition from international partners such as the World Health Organisation (WHO), UNICEF, and Médecins Sans Frontières.
A “100% Healthy” status signals to investors, development partners, and citizens that Anambra’s regulatory, fiscal, and accountability mechanisms are robust and operational. It positions the state as one of the few in Nigeria with independently verified governance architecture that emphasises transparency as a core operating principle.
The OGP framework operates in continuous cycles of commitment, co-creation, and implementation. Officials say Anambra’s leadership is focused on sustaining and deepening these reforms rather than resting on the current achievement.
In a political landscape often dominated by rhetoric, Anambra’s verified success underscores the compounding value of credibility built on measurable processes. The state continues its upward trajectory, reinforcing its reputation for commercial dynamism and sound governance.
News
Senate Rejects Motion to Probe N1.3bn PFIPC Allocation Amid Fresh Scandal Allegations
The Nigerian Senate has rejected a motion seeking a full-scale investigation into the controversial allocation of N1.3 billion to the Petroleum Fuel Import Pricing Committee (PFIPC), a decision that has intensified accusations of a cover-up in what is now being called the PFIPC scandal.
The motion, which was brought before the upper chamber on Wednesday, aimed to compel relevant committees to investigate the disbursement and utilisation of the funds. Proponents argued that the allocation raised serious questions of transparency, accountability, and possible mismanagement of public resources at a time when Nigerians are grappling with high fuel prices and economic hardship.
However, the Senate voted against the motion after a heated debate, with a majority of senators opposing the probe. Critics within and outside the chamber have described the rejection as a blatant attempt to shield powerful interests from scrutiny.
Details of the N1.3 billion allocation first emerged in recent weeks, triggering public outrage. Opposition lawmakers and civil society groups claim the funds were released under questionable circumstances with little documentation on how they were spent or what specific objectives were achieved. Some reports suggest the money was meant for subsidy-related activities or price modulation mechanisms, but lack of clarity has only fuelled suspicions of impropriety.
Reacting to the Senate’s decision, Senator [Name], who sponsored the motion, expressed disappointment: “This is a sad day for transparency in governance. Nigerians deserve to know what happened to this money.”
The development comes as the National Assembly faces growing pressure to demonstrate commitment to fighting corruption. Public commentators and activists have taken to social media to condemn the rejection, with many calling for external intervention by anti-graft agencies such as the EFCC and ICPC.
As of now, the executive arm has remained silent on the matter. The Senate leadership has defended its decision, stating that existing oversight mechanisms are sufficient and that not every allegation warrants a full parliamentary investigation.
The PFIPC scandal continues to generate heated debate, with calls mounting for more openness in the management of petroleum sector funds that directly affect the cost of living for millions of Nigerians.
News
FG Launches First University Innovation POD, Targets Research-Led Industrial Growth
The Federal Government has launched Nigeria’s first Manu-Tech University Innovation Pod at the Michael Okpara University of Agriculture, Umudike, as part of a broader strategy to transform universities into hubs of innovation, manufacturing, entrepreneurship and enterprise development.
The initiative is designed to connect academic research with industry and accelerate economic growth.
Speaking at the launch in Umudike, Abia State, the Minister of Education, Tunji Alausa, said universities must move beyond producing graduates and academic publications to becoming centres that create industries, generate jobs and provide practical solutions to national challenges.
He stressed that education must serve as a catalyst for production, innovation and national prosperity, and
explained that the Innovation Pod aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu and is the product of collaboration between the Federal Government, the United Nations Development Programme, Tertiary Education Trust Fund, MOUAU and other stakeholders.
“The facility is expected to bring together researchers, students, innovators, manufacturers and investors within a single innovation ecosystem”. the centre integrates emerging technologies including artificial intelligence, advanced manufacturing systems, agro-processing, industrial automation and entrepreneurship”.
“The facility will support the development of ideas from research and design stages through prototyping, production and eventual commercialisation”.
The Minister noted that the location of the Innovation Pod in Abia State is strategic because of its proximity to the renowned Aba manufacturing cluster, creating opportunities to link local enterprise with university research and investment.
He said the initiative would strengthen local manufacturing, promote value addition, create jobs and improve the competitiveness of Made-in-Nigeria products within the African Continental Free Trade Area.
Alausa also disclosed that the Innovation Pod model will be replicated across Nigeria’s geopolitical zones based on regional economic strengths, reaffirming the Federal Government’s commitment to building an education system that equips young Nigerians with future-ready skills, supports research commercialisation and contributes to the nation’s goal of becoming a one-trillion-dollar economy.
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