A French court recently authorized the seizure of three Nigerian presidential jets due to an ongoing legal dispute between Nigeria and Zhongshan The seizure is a result of a $74.5 million compensation award granted to Zhongshan by an independent arbitral tribunal Nigerian activist Omoyele Sowore has raised suspicions about the jet seizures, suggesting they might have been orchestrated to generate public sympathy for a new presidential jet Don't miss out! Join Legit.ng's Sports News channel on WhatsApp now! A recent ruling by a French court authorized the seizure of three presidential jets linked to the Federal Government of Nigeria.
The jets, part of the Nigeria n presidential air fleet, include a Dassault Falcon 7X, a Boeing 737, and an Airbus 330. The latter was purchased but has not yet been delivered to Nigeria. This seizure results from an ongoing legal battle between Nigeria and Zhongshan, a Chinese company whose export processing zone management contract was revoked by the Ogun State government in 2016.
Read also Full list: Nigeria's national assets under seizure globally by Chinese firm An independent arbitral tribunal, chaired by a former UK Supreme Court President, awarded Zhongshan approximately $74.5 million in compensation. However, the Ogun State government has yet to honour this award.
PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! As part of the court's order, the jets a.