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Chinese firm releases one of seized Presidential jets

by Folarin Kehinde August 17, 2024
written by Folarin Kehinde

Investment Co. Limited has announced the release of one of the three Presidential jets seized based on the order of a French court.

Leading reporters learnt how the firm seized a Dassault Falcon 7X, a Boeing 737-7N6/BBJ and an Airbus A330-243 belonging to the federal government of Nigeria, stationed at Paris-Le Bourget and Basel-Mulhouse airports.

This is as a result of a contract was revoked by the Ogun state government in 2016.

The judgment is the latest arbitration effort against Nigeria by a foreign company alleging that Africa’s most populous nation reneged on an agreement.

In 2013, Zhongfu, a subsidiary of Chinese investment company Zhongshan Fucheng Industrial Investment, and the Ogun state government signed a contract to develop a free trade area.

Zhongfu was to own 60 per cent of the joint venture under the terms of the deal.

However, three years later, Zhongfu alleged that Ogun had backed out of the deal and wanted to take over the “significant” Chinese investment in the free trade zone.

The company said a “campaign of illegal acts” against it ultimately forced it out of the agreement.

Zhongshan initiated arbitration proceedings against Nigeria in 2018.

A three-person arbitration panel in London awarded the company $70mn in damages to be paid by the federal government in 2021. The award has since grown to about $81mn with interest.

But according to a company spokesperson on Friday, one of the jets was released after they were made aware that President Bola Tinubu would be needing it for a scheduled meeting with Frances president, Emmanuel Macron.

In a statement, he said, “Zhongshan has consistently sought to act reasonably and fairly in the course of a legal dispute with Nigeria which was not of its making.

“It has now been made aware that an Airbus A330, currently detained in France as a result of a French court order obtained by Zhongshan, is needed for the President of the Federal Republic of Nigeria to travel to a scheduled meeting with President Macron of France early next week.

“As a gesture of goodwill, Zhongshan has lifted the seizure of that aircraft immediately. This will allow it to be used for the President’s trip.”

The spokesperson mentioned that the company remains committed to talks with the Nigerian government with a view of reaching a “reasonable compromise rapidly”.

August 17, 2024 0 comments
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Headlines

NMDPRA directs fuel stations to stop selling in kegs

by Folarin Kehinde August 17, 2024
written by Folarin Kehinde

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has instructed gas stations across the country to cease selling Premium Motor Spirit (PMS), commonly known as petrol, in jerrycans.

This directive comes amidst the ongoing petrol scarcity, which has led to long queues at the few gas stations that are still dispensing fuel in major cities.

In a video posted on X (formerly Twitter) on Thursday, NMDPRA officials were seen cautioning the management of a gas station to halt the illegal sale of fuel in jerrycans, citing safety concerns.

One of the NMDPRA officials, who appeared to be conducting a field assessment, was seen in the video threatening to withdraw the retail licences of gas stations that fail to comply with the directive.

“We will withdraw your licence. You have to take this seriously. No selling in jerrycans,” the official repeatedly warned in the video footage seen by Peoples Gazette.

As many Nigerians struggle with fuel scarcity and high prices following the removal of fuel subsidy by President Bola Tinubu, the latest development has sparked widespread backlash.

Some netizens who reacted to the news condemned the government’s action, arguing that it would further affect the poor, particularly those who rely on petrol to power their generators due to the unreliable power supply.

August 17, 2024 0 comments
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Afe Babalola
Headlines

Palliatives: Government Turning Nigerians To Beggars – Afe Babalola

by Nelson Ugwuagbo August 16, 2024
written by Nelson Ugwuagbo

Afe Babalola, Founder of ABUAD, criticized the Federal Government’s palliative distribution, saying it is creating a culture of dependency and poverty among Nigerians, turning them into beggars.

This was just as he declared support for The Patriots, led by former Secretary-General of the Commonwealth, Emeka Anyaoku, which recently pleaded with President Bola Tinubu to, as a matter of urgency, consider the enactment of a new constitution.

The legal icon, who spoke when the Prestige Sisters League visited him at the ABUAD campus, said that those protesting against hunger are doing so genuinely because everyone knows there is hunger in the country.

He said: “Those who are complaining about hunger are doing so sincerely. They are hungry. A hungry man can go to any length to show his anger. We do not need anybody to tell us that there is hunger in the country. The protest was genuine and government should listen to them.

“The duty of government is the welfare of the people. The problem we have now is that people cannot move freely. They have abandoned the farms. People are being killed in their farms and everybody wants to stay where they are safe. It is because the government has failed in this regard that we have hunger.

“It is wrong for government to be sharing garri, beans and rice as palliatives. They are turning the people to beggars. The government that is giving the people rice and beans is leading us to poverty. The government is discouraging people from working, whereas, the duty of government is to provide the people enabling environment for people to work and feed themselves.

August 16, 2024 0 comments
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Tinubu
Headlines

Aggrieved Chinese Company Release One Presidential Jet For Tinubu

by Nelson Ugwuagbo August 16, 2024
written by Nelson Ugwuagbo

Zhongshan Fucheng Industrial Investment Limited, a Chinese firm, has released one of the three Nigerian aircraft, an Airbus A330, detained in France, following a court order. This move allows President Bola Tinubu to attend a scheduled meeting.

The release of the presidential jet was a goodwill gesture from the company to the President, according to a statement issued by Zhongshan on Friday.

Nigeria’s authorities had notified the company that President Tinubu had a meeting with French President Emmanuel Macron and needed one of the presidential jets to attend.

Zhongshan emphasized that it has consistently sought to act reasonably and fairly in its legal dispute with Nigeria, which was not of its making.

The company stated that it lifted the seizure of the aircraft immediately as a gesture of goodwill, allowing it to be used for the President’s trip.

Zhongshan remains committed to talks with the Nigerian government to reach a reasonable compromise rapidly.

Earlier, the Federal Government had initiated legal steps to address the interim attachment of the three presidential aircraft in France.

August 16, 2024 0 comments
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Elon musk
Headlines

Elon Musk’s Starlink Expand Into Nigeria

by Nelson Ugwuagbo August 16, 2024
written by Nelson Ugwuagbo

Elon Musk’s Starlink is expanding its presence in Nigeria by building ground stations in Lagos, Ogun, and Rivers states to enhance internet connectivity.

The company has acquired approximately 29,000 acres of land in these states to establish the facilities, which will be constructed in partnership with Equinix, a leading data center solutions provider.

The ground stations will be located in Okun Ajah (Lagos), Sagamu (Ogun), and Port Harcourt (Rivers), strategically positioned to improve internet access in the region.

Construction has begun in Lagos and is expected to be completed by Q4 2024, with the other locations projected to be ready in 2025.

This significant investment underscores Starlink’s commitment to strengthening its global network and improving internet access in Nigeria.

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US Court
Headlines

US Court Gives Chinese Investors Green Light To Seize Nigeria’s Asset

by Nelson Ugwuagbo August 16, 2024
written by Nelson Ugwuagbo

An appellate court in the United States authorised Zhongshan, a Chinese company, to proceed with its efforts to confiscate Nigeria’s assets abroad after it rejected Nigeria’s sovereign immunity argument.

The decision made August 9, 2024, came after judges at the U.S. Court of Appeals for the District of Columbia in Washington found that Nigeria had violated both the fundamental and commercial rights of executives at a Chinese firm that had entered into a trade zone agreement with Nigeria.

The latest development worsens a crisis that the Nigerian government has been attempting to manage in Europe and prevent from spilling to other jurisdictions.

A French court had earlier authorised the seizure of the three presidential jets due to the ongoing dispute between Zhongshan and the Ogun State government.

The Chinese workers of Zhongshan proceeded to the US court to retrieve an outstanding arbitration award for breach of contract after initially winning their case in the United Kingdom in 2021.

They were awarded $55.6 million in compensation from Nigeria and $75,000 in moral damages, along with interest and legal and arbitration fees, court filings said. The UK court said it was satisfied with the evidence submitted by the Chinese before awarding them nearly $60 million.

However, Nigeria argued before the United States District Court for the District of Columbia in Washington that its sovereign immunity forbade the matter from being entertained in a US court.

But the federal judge denied Nigeria’s argument, saying the country is a signatory to the New York Convention that allows arbitration between persons, which may include a sovereign entity.

Nigeria subsequently filed an interlocutory appeal in the matter on April 22, 2024, and two of the three-man panel decided that the matter should proceed because Nigeria had lost its immunity grounds when it joined Ogun in violating the contractual agreement.

The court stated that Nigeria can be held liable for the breach against the Chinese since Ogun is a federating unit of Nigeria.

“Whether the arbitration exception applies in this case therefore turns on whether a treaty—specifically, the New York Convention—governs the Final Award,” the majority, Patricia Millett and Michelle Childs, said. “We hold that it does because the Final Award arose from (1) a legal relationship, (2) that is considered as commercial, and (3) is between persons.”

The judges also concluded that “Zhongshan and Nigeria shared a legal relationship because Nigeria owed Zhongshan legal duties under the Investment Treaty.”

August 16, 2024 0 comments
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Gunmen
Headlines

Breaking: Gunmen Kidnap Over 20 Medical Students in Benue

by Nelson Ugwuagbo August 16, 2024
written by Nelson Ugwuagbo

In a shocking incident, gunmen kidnapped over 20 medical and dental students, as well as a House Officer, while they were en route to a convention in Enugu State, Southeastern Nigeria.

The students, who were traveling together from the University of Maiduguri and University of Jos, were ambushed by the gunmen in the Otukpo area of Benue State around 5:30 p.m.

They were headed to the Federation of Catholic Medical and Dental Students (FECAMDS) annual convention when the incident occurred.

The Benue State Police Command has confirmed the kidnapping and launched an investigation, with spokesperson SP Catherine Anene stating that the report was received between 5:30 p.m. and 6:00 p.m.

Details later …

August 16, 2024 0 comments
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Enugu governor
Headlines

Enugu Govt Gives 90-day Ultimatum To Churches, Mosques Over Noise Pollution

by Nelson Ugwuagbo August 16, 2024
written by Nelson Ugwuagbo

The Enugu State government has given a 90-day ultimatum to Churches and Mosque in the state to: remove all outdoor loudspeakers and implement soundproofing measures within their premises.

This move aims to minimize noise pollution and maintain a more serene environment in the state.

The decision was made during a stakeholders’ meeting on Thursday, aimed at implementing the Enugu State Anti-Noise Pollution Policy.

The meeting, organised by the Enugu Capital Territory Development Authority, brought together Christian and Muslim leaders, government officials, and media practitioners to address noise pollution in the state.

Recall that the Enough state government had in December 2023 as part of its urban renewal policy, directed all night clubs, beer parlours and other entertainment operators to mitigate their noise pollution in the capital city, particularly in residential areas.

However, in his address during the engagement, the Chairman of Enugu Capital Territory Development Authority, ECTDA, Hon. Uche Anya, lamented that his office has received over 1000 letters of complaints from around the state capital over noise pollution from different churches.

He said that noise pollution is the biggest challenge in Enugu state capital today and we cannot continue that way.

“We have received over 1000 petitions from across the state from residential neighbours complaining about their inability to sleep at nights because of the noise pollution emanating from the churches and business operations.

“We call you here to dialogue so that this Policy will be successfully implemented. Enugu State Government will need your active collaboration, support and full understanding to enable us place Enugu State in a position to effectively contain the challenges of urbanisation.

“We must ensure we eliminate noise in the state. We cannot allow any bar with free to air. If you must operate in a residential areas you must put acoustics to ensure that noise from your business and church does not affect your neighbours.”

August 16, 2024 0 comments
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Headlines

FG moves to secure power assets, meets civil- military committee on energy security

by Folarin Kehinde August 16, 2024
written by Folarin Kehinde

The Federal Government has began moves aimed at protecting the nation’s critical power infrastructure as it ramps efforts towards providing quality, stable and affordable electricity to Nigerians.

Speaking on Wednesday while receiving members of the Civil-Military Committee on Energy Security, in his office, Minister of Power, Chief Adebayo Adelabu said the issue of vandalism has been a major concern to the Federal Government, particularly on critical national assets, adding that the matter is being handled with all the seriousness it deserves.

He challenged Nigerians to take ownership of such national assets as continuous debasing of such national assets would continue to retard the nation’s development and efforts to provide electricity to Nigerians.

The Minister said that to demonstrate the commitment of the Federal Government to providing electricity to Nigerians, President Bola Tinubu assented to the legislation to deregulate the power sector, thereby making the sector free of the encumbrances that had hindered its efficient performance.

“This meeting with you today is very important and critical to us all. We must let the vandals know that it will never be business as usual. We all know what these vandals have done to our national asset. Daily, they deprived us of providing stable and affordable electricity to homes, industries, and to all critical sectors of our economy. That cannot continue and that is what we are determined to achieve.

“As a critical stakeholder, we appreciate your concern and the effort you have put in to help us secure our assets. Let me say here that power is instrumental to all we do and the protection of its infrastructure should be the greatest concern of all of us as Nigerians”, the Minister said.

As part of efforts to improve and build on existing infrastructure, Adelabu disclosed that he has taken measures to discard old structures that successive governments have ignored in addressing the problems with power supply to Nigerians.

“It is shameful for a nation of over 200 million people to still be on 5000 megawatts of electricity at this age. Let me tell you that some of the transformers we are still using today are 64 years old. How to you want such to give you what you desire at this age? Those maintaining them do not even understand them again. This is a reflection of the actions and inactions of the past 60 years. We have not done what is right in this sector in the past 60 years and that is what we are correcting now.

“So, it is the desire of President Tinubu to move away from this narrative and give Nigerians what they deserve in terms of energy and power supply and that is what we are set to achieve in the ministry now. We want to eradicate energy poverty among Nigerians. Our focus now is to engender a new energy development for Nigeria that will make electricity available to all Nigerians, where they reside.

“The power sector is a priority to this government and when we get it right here, all other sectors will also get it right”, he said.

The minister commended members of the group for their patriotism, zeal and commitment to safeguarding the nation’s assets and admonished them to continue in that spirit. He also promised the ministry’s co-operation and collaboration with them in their assignment. He said the protection of the nation’s assets should be the collective responsibility of all Nigerians.

He intimated the group of the ministry’s mandate and how those mandates would be realised in the new dispensation. Adelabu also told them that part of the challenges the ministry is facing is the refusal of some Nigerians to pay for the electricity they consumed while some others bye pass their meters thereby not paying for what they consumed. He described such power theft as not helpful to the transformation that the Federal Government desires in the power sector.

Speaking about the Ministry’s activities in the last one year of taking over the power, the Minister informed the group that within his one year in the office, he had been able to increase generation from 4000 that he inherited to over 5000 megawatts.

“By August 21, I will be one year in office. Due to the policy initiative that President Tinubu has put in place and which we have vigorously pursed, we have been able to increase our megawatts from 4000 that we inherited to 5050. We are moving and we will get better as we move ahead. But Nigerians must co-operate with us. We have consumers who refused to pay their bills. We have the issue of power theft. All these must stop as we intensify our efforts to serve Nigerians better”, he said.

Speaking, the leader of the group, Mr. Adams Otako said the importance of the energy sector in the nation’s development motivated their desire to embark on their effort to provide security for such national assets.

According to him, the Committee was formed in 2019 and they have devoted their time towards guarding the assets of the country in their little way.

“We believe that the energy sector is the bedrock of the National security. Guarding it is a collective responsibility and we want to also tell Nigerians that until we begin the ownership of governance, we can not develop. If the power sector does not function properly, we cannot function maximally as a nation and as a people.

“We also realised that a lot of your engagements and policies are often misunderstood by people. We want you to take us along, so that in such circumstances, we can relay the truth and say, ‘stop that propaganda’.

“We are made up of patriotic Nigerians. When we wanted to form the committee, we approached the Defence headquarters and that is why you can see that we have virtually all the security agencies present among us. We also have as our member the National Orientation Agency . We have the Civil Defence, the State Security Department, the Fire Service, other civil society groups among us” Otako said.

August 16, 2024 0 comments
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Abbas
Headlines

Hon. Ugochinyere Praises Abbas on Counter Subversion Bill Withdrawal

by Nelson Ugwuagbo August 15, 2024
written by Nelson Ugwuagbo

Ikenga Ugochinyere, the member representing Ideato North South Federal Constituency of Imo State in the House of Representatives, has praised Speaker Rt Hon Tajudeen Abbas for withdrawing the Counter Subversion Bill and related draft legislation.

The withdrawal of the bill, which prescribed a 10-year jail term and N5 million fine for refusing to recite the national anthem and pledge, came after widespread criticism from Nigerians and extensive consultations with stakeholders.

According to the Special Adviser on Media and Publicity to the Speaker, Musa Krishi, the decision reflects the Speaker’s commitment to prioritizing peace and unity in the nation.

Ugochinyere, Chairman of the House Committee on Petroleum Resources Downstream, commended the Speaker’s decision, stating that it demonstrates a legislative agenda that listens to citizens and fosters unity.

He added that the withdrawal of the bill shows the Speaker’s commitment to ensuring the House remains the People’s House, working for the people who elected them.

Ugochinyere concluded by saying that the decision sets a benchmark for the 10th House of Representatives to respond to the yearnings of citizens and prioritize their needs.

August 15, 2024 0 comments
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