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French Court Orders Chinese Company To Seize Nigerian Jets
A French court has ruled in favour of a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, and granted the seizure of three presidential jets belonging to the Nigerian government.
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The Tribunal Judiciaire de Paris stopped Nigeria from moving or selling the presidential jets until the Chinese firm received the awarded $74.5 million.
The court allowed the company 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.
According to reports, the seized presidential jets include a Dassault Falcon 7X at Le Bourget airport in Paris, a Boeing 737, and an Airbus 330 at Basel-Mulhouse airport in Switzerland.
Back in 2007, the foreign firm signed a contract with the Ogun State government to manage a free-trade zone but the contract was revoked by the state government in 2015.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,” said presidential spokesman Bayo Onanuga who flayed Zhongshan.
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”.
Kayode Oyero
... What is your take on this .
13/08/2024
My dear brother Paul,
Just like I have told you several times, I am not in any competition with you or anybody else. However, seeing you grant countless interviews where you constantly discredit my efforts in the group that we both created and built together really speaks volumes. In your recent interviews, you claimed that you wrote and sang 99% of all P-SQUARE songs and discredited me by saying that our song with TI "EjeaJo," which I wrote, was a failure. You went as far as using the YouTube views to discredit me once again.
You never acknowledged the other songs like "Get-Squared," "Bizzy Body," "Personally," "Roll It," "Temptation," "Alingo," "More than a Friend," "Shekini," "Say Your Love," "Gimme Dat," "Senorita," "IGBEdu," and a few others. Were these songs also considered failures as well?
Every time I have spoken in interviews about P-SQUARE, I have always used "we" and "us" because I saw us as a team. But whenever you speak, it’s always "I" and "me," even when I’m standing right beside you. It’s as if I never existed.
My brother, neither of us is the most talented artist in the world, but you fail to understand that God gave us this talent and even granted us another chance to excel after our last breakup. Instead, you chose to turn the most awarded and decorated music group in Africa into a laughingstock again.
One thing you need to understand clearly is that the fans didn’t fall in love with P-SQUARE because of who sang or danced the most. What made us special was the magic that came from our combined effort - us two! P-SQUARE was a force, and the fans fell in love with P-SQUARE because of our uniqueness and unity. We both have talent, no doubt, and I have often praised you in our interviews for your songwriting ability. I have also praised anyone who has ever written a song for us or even for me as Mr. P. But instead of showing gratitude for my kind words, you seem to find satisfaction in rubbing it in my face, forgetting that it is by God’s grace that we have come this far.
Rather than joining forces with me to reclaim our number 1 spot in the music industry, you chose to team up with Jude to claim the number 1 spot in the P-SQUARE group, always looking for opportunities to marginalize and humiliate me.
You are always claiming to be P-SQUARE’s songwriter, composer, producer, singer, backup vocalist, in fact you are everything including P-SQUARE’s video director, band, promoter, manager, even the choreographer. You are the Author and Finisher of P-SQUARE! In fact, I dash you 100% of everything instead of the 99% you claim.
I blame myself for not responding to your tweet claims in April 2015 that you wrote and sang all of P-SQUARE’s songs. I didn’t respond to these false claims for the sake of peace, as advised by family and friends, and now I am paying dearly for it.
So, my brother, let me ask you: Is Rudeboy or Mr P bigger and more successful than P-SQUARE today? Are we individually selling out arenas and stadiums like P-SQUARE used to? Are we topping world music charts with our songs as solo artistes?
Do we command crowds and entertain massive audiences like P-SQUARE?
I often find myself wondering, what do you truly gain by constantly disrespecting and belittling me all the time. You have disrespected my wife, disrespected my family, disrespected my talent, disrespected my ideas, and even sided with Jude when he was clearly trying to oppress me. Now, it feels like you have taken it even further by trying so hard to turn the fans against me by making them believe I’m jealous of you.
You have been doing everything for the fans to hate me, but guess what? They will never hate me; instead, they will hate us both because we have disappointed and failed them.
I hope you are happy now. I genuinely wish you nothing but the best, bro! As for those who believe these lies and false narratives and come to my page to drop negative comments, I understand because you have been fed the wrong narrative for a long time. Please allow me to focus and do my music in peace.
As for the EFCC matter,
I will address it before the end of today. Stay tuned!
PETER OKOYE.
29/07/2024
A STORY ABOUT A LADY N SUPPOSED HUSBAND....
I'm responding to my husband, the man who said; he married me, sponsored me into a nursing school, took me abroad and l bétràyéd him by processing my boyfriend's papers to join me in the States and got pregnant for him..
Please, I'm not here to defend myself but tell exactly how it happened, so the world can also understand my position in the whole situation.
I had to drop out of school due to lack of finances. My parents are retired primary school teachers. During that very tough period, this guy's mom, came to our house and told my mom she will wish for her son to marry me. My parents talked me into it even though they knew, l was already in a serious relationship and so much in love with my boyfriend.
I actually didn't have much of a choice since, the guy was based abroad and also doing very well. I felt like this was a God given opportunity to eradicate p0vérty in my family. On a quest to also please my family too. After a few chats with him, Our wedding was set in which, he came back to the country and we finalized our marriage.
Now before he traveled back, l pleaded that instead of him, being in a haste to process my documents he should instead register me into nursing school and start processing my documents when am almost about to graduate, since it will obviously be expensive if l should school abroad and also it can help me
get a good job when l finally join him.
He was happy, proud of me and even praised me for being smart. He finally registered me and also an apartment was rented and furnished for me to stay in, so l become comfortable while l was in school. Just few month before my husband went back.
My boyfriend came to me and cr!ed, pleading that he was still very much in love with me. I felt really pity for him knowing, he did nothing wrong to me and I was also still and very much and deeply in love with him, i couldn't resist taking him back. we started seing each other again and he even moved in with me.
So, I started asking my husband more money and complaining of financial shortages in which he always sent a huge sums. I used this monies to also register my boyfriend into an ICT learning program, so he can graduate with an international standards certificate which, can as well help him get a good job abroad. We had it discussed and planed that, when i finally move to the states, I will process he's documents while he joins me later.
Actually, We saw this as a good opportunity which could change our lives. I believed it was God's doing. To cut the long story short. Luckily My visa was ready few months after my graduation. In which l joined my husband in the states. That same week, l immidiately started making enquiries on how l could go about to get a job. My husband confessed how proud and happy he was to have an ambitious woman as l for a wife. He even helped me out in getting me a "work permit" and also summited my CV to several hospitals and that's how i finally got a job..
However, l was still keeping in touch with my boyfriend. After 4 years of living abroad, I was already well established and stable. After several trials and failures. My boyfriend's visa finally came out. I actually had no child with my husband for 4years, he was worried. We did several tests which always proved that, we're both ok. It's true that l was taking pills to avoid getting pregnant for him and l also denied him access to my b0dy for 6 months. Truth is by this time, my boyfriend was already in the states. In which i finally got pregnant for him. I really didn't care anymore, if my husband found out about us because l was already deeply and màdly in love with my Finace'..
I ctually planed on revealing everything to my husband in due time and probably ask for his forgiveness. But somehow he found out on his own before l could.. it's true I didn't feel remorseful.
But instead served him with divorce papers. My mind was already made up. I'm sorry to say, Our marriage from the onset was a sham.
I honestly never loved him. My heart belongs to another. I did what l did out of love, any w0màn in my shoe will do just same. I'm just a lady who's in love, God br me weakness that, l didn't mean for this to happen. I'm not here to defend myself like l said but rather to apologize.
I'm so sorry Rowland. You are a good man.
Even after everything l did. You still asked us to fix our marriage even when, I'm pregnant for someone else and you kept apologizing, when I'm the one that wronged you. Please forgive me. am sorry that l can not stay. Please consider my feelings too, My heart belongs to someone els. It wouldn't be good for us.
Thanks so much for signing the divorce pappers. My Fiance' and I are ready and willing to repay everything and even more that you have ever done or spend on me, please name your price. I'm pleading with you that you kindly see me as a sister you helped out of poverty, pls let's not be eném!s but rather be friends. I'm sure that my God will repay you and sent someone whom will love you, just like you deserve Rowland. I know, this is not you, you're a good man, l believe you came to soc!al média to exp0se me out of frústrat!0n and dpréss!0n.
Please, forgive me and my family. I'm so sorry😭🙏"
What is your take on this issue?
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24/06/2024
....it's you o Lord!
Thanks for another awesome working day. 🙏💯
I can't pay you o lord for all the good good things you done for me and my family this year 2022.
With a grateful heart, Abba father i return all the praise........
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