Zhongshan Fucheng Industrial Investment Co. Limited, the Chinese company that secured a court injunction to ground three Nigerian presidential jets in Europe, is now targeting Nigerian assets across eight countries. The firm has initiated legal proceedings in the United Kingdom, United States, Belgium, Canada, France, Singapore, the British Virgin Islands, and Nigeria.
The dispute traces back to a 2007 joint venture involving Ogun State and Zhongshan’s parent company to develop the Ogun Guangdong Free Trade Zone. The agreement was terminated in 2016, leading Zhongshan to seek legal redress. Recent developments include a French court authorizing the seizure of Nigerian jets, with Zhongshan pursuing $74.5 million in compensation. The Nigerian government is now working to safeguard its assets amid these global legal challenges.
News Editor 
Hyelsinta Hassan