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Nigeria vs Chinese Company: Lawyer Digs Up 2 Root Causes [Video]

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Company Formation
  • Nigeria’s presidential jets and other assets being seized by a Chinese firm have continued to generate reactions from concerned Nigerians
  • Recall that Gbenga Daniel’s government in Ogun state entered a deal with the firm, which his successor, Ibikunle Amosun, terminated, and this led to the legal battle
  • Oladotun Hassan, a legal practitioner who spoke with Legit.ng on the matter, identified two root causes of such development

Oladotun Hassan, a legal practitioner, has commented on the seizure of Nigeria’s national assets, including presidential jets, by a Chinese firm, Zhongshan Fucheng Industrial Investment Company Limited, following a breach of an agreement between the company and the Ogun state government.

The Chinese firm entered into the deal with Gbenga Daniel’s administration in the state, but his successor, Ibikunle Amosun, terminated it.

Lawyer speaks on seizure of Nigeria’s presidential jetsPhoto Credit: Getty ImagesSource: Twitter

How Chinese firm seizes Nigeria’s national assets

While the firm has tried to retrieve its rights in several courts …

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