Africa

Nigerian Government Accuses Chinese Firm of Asset Seizure Attempt

today16 August, 2024

Background

The Nigerian government has accused a Chinese company of attempting to seize its assets overseas, including presidential jets, according to a government spokesperson on Thursday. Reuters says, pesidential spokesperson Bayo Onanuga stated that Zhongshan Fucheng Industrial Investment Co. Ltd. is employing “unorthodox means” to target Nigerian government property, despite having no contractual ties with the federal government.

Written by: Leonard Witbeen