Connect with us

News

Presidential Aircrafts: AGF, NSA Wade In To Extricate National Assets From Chinese Seizure, Resolve Dispute

Published

on

The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi and the National Security Adviser (NSA), Nuhu Ribadu, have waded into the case leading to the seizure of nation’s presidential aircrafts in France by a Chinese firm, Messrs. Zhongshan Fucheng Industrial Investment Co. Limited.

Three presidential aircrafts are allegedly in France for routine maintenance by suddenly got  temporary attachment pursuant to exparte orders issued by the Judicial Court of Paris dated 7 March 2024 and 12 August 2024 respectively at the instance of Messrs. Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese company seeking to enforce a Final Award granted in its favour on 26 March 2021, against one of Nigeria’s sub-nationals, Ogun State.

In a swift reaction to concerns expressed by Nigerians, the federal government explained that it has set processes in motion to extricate the national assets and further resolve the dispute.

According to a statement by Kamarudeen Ogundele, S. A to the President on Communication and Publicity, Office of the Attorney General of the Federation and Minister of Justice, “The Offices of the National Security Adviser and the Attorney-General of the Federation, have already set in motion both legal and diplomatic steps to ensure the discharge of the inappropriate orders against the aircrafts, which are covered by sovereign immunity.

“While further actions are being put in place to resolve the entire dispute through available legal means, the firm position of the Federal Government remains that the aircrafts in question are sovereign assets used solely for sovereign purposes and are therefore immune from attachment as Zhongshan has sought to do.”

He explained that the arbitral award arose from an arbitration proceeding which commenced in 2018 as a fallout of a contractual dispute between the Chinese company and Ogun State Government over the operation and management of Ogun Guangdong Free Trade Zone.

“We wish to clarify that, though the dispute originated from engagements of Ogun State Government, however, the consequential enforcement actions are being directed against the Federal Government and its assets in line with extant principles of international law which holds that the actions of a subnational or local entity are attributable to the State or country itself”, he said.

The full text of the statement reads:

PRESS RELEASE

ATTEMPT BY A CHINESE COMPANY TO ATTACH NIGERIA’s SOVEREIGN ASSETS IN FRANCE

On 14th August 2024, the Federal Government of Nigeria became aware of the interim attachment of three presidential aircrafts undergoing routine maintenance in France. The said temporary attachment was made pursuant to exparte orders issued by the Judicial Court of Paris dated 7 March 2024 and 12 August 2024 respectively at the instance of Messrs. Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese company seeking to enforce a Final Award granted in its favour on 26 March 2021, against one of Nigeria’s sub-nationals, Ogun State.

It is to be noted that the arbitral award arose from an arbitration proceeding which commenced in 2018 as a fallout of a contractual dispute between the Chinese company and Ogun State Government over the operation and management of Ogun Guangdong Free Trade Zone.

We wish to clarify that, though the dispute originated from engagements of Ogun State Government, however, the consequential enforcement actions are being directed against the Federal Government and its assets in line with extant principles of international law which holds that the actions of a subnational or local entity are attributable to the State or country itself.

The Offices of the National Security Adviser and the Attorney-General of the Federation, have already set in motion both legal and diplomatic steps to ensure the discharge of the inappropriate orders against the aircrafts, which are covered by sovereign immunity. While, further actions are being put in place to resolve the entire dispute through available legal means, the firm position of the Federal Government remains that the aircrafts in question are sovereign assets used solely for sovereign purposes and are therefore immune from attachment as Zhongshan has sought to do.

Kamarudeen Ogundele,
S A to the President on Communication and Publicity, Office of the Attorney General of the Federation and Minister of Justice

August 14, 2024

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

FIRS – Dial *829#

Our Naira Our Pride

NNPC: WE ARE HIRING

THE RENEWED HOPE AGENDA

ADVERTISEMENT

PRESS RELEASE

Click to read full text


CAVEAT EMPTOR

Advertisement

CBN Advert

Click the link to visit
Advertisement
Advertisement
Advertisement

Happy New Year

Facebook

Advertisement
Advertisement

Breaking News...