Nigeria Govt Accuses Chinese Firm of Fraud, Seizing Assets & Presidential Jets | Firstpost Africa
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- เผยแพร่เมื่อ 10 ก.ย. 2024
- Nigeria Govt Accuses Chinese Firm Of Fraud, Seizing Assets & Presidential Jets | Firstpost Africa
Tensions between Nigeria and its biggest bilateral creditor China are simmering. Nigeria's Bola Tinubu government says it has uncovered secret attempts by a Chinese firm to take over Nigerian assets abroad using unorthodox means. The asset seizure by the Chinese firm also includes presidential jets. Recently, the Judicial Court in Paris ordered the seizure of three Nigerian aircraft that were on routine maintenance in France. Nigeria has accused the Chinese firm Zhongshan Fucheng Industrial Investment Co. Ltd of fraudulent activities and misleading courts in the UK, the US and France to claim Nigerian assets. Watch this video for details.
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If you don't find a means of multiplying your money, you will wake up one day and realize that the money you thought you had, had been exhausted. Investment is a ladder to climb the financial wall.
You are absolutely right ✅️
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
Cryptocurrency investment, but you will need a professional guide on that.
Facebook 👇
My people, I am tired of this country called Nigeria, no single citizen talking good of country and leaders are not ready to change the country narrative.
A cancelled agreement, nigeria should comply with the agreement and stop disgracing Africa.
Is Yoruba they will sell land later they will want the land back very corny people
They are disgracing Nigeria, not Africa.
A country that is FAILING it's own LOCAL INVESTORS is NOT expected to honor foreign contracts. What a shame 😢.
😂😂😂
Our borrow borrow government will certainly embarrass us.
Is not barrow issue Open your brain
@@abdullahiisholajubrill9700doesn’t change the fact that Nigeria is neck deep in debts
Nigeria broke the agreement
@@opeoluwaolujimijp982what debts, it's disheartening that we haven't learnt from our ancestoral histories and that's the reason we will repeat the same mistakes or even worse, Nigeria is owning no country in the world debt, not International monetary fund IMF or world Bank or Paris club or china, these criminals uses our criminal leader's to loot Nigeria and Africa with fake ghost loan's, they are criminals using Nigeria and Africa criminal leader's to loot Nigeria and Africa with fake loan's, which Bank continue to borrow you money without a framework or physical projects that the initial loans was used for or on, which Bank? That was how many of you believed when these bunch of criminals claimed that they discovered Sani Abacha loots and repatriated to you people media news, where are those supposed Sani Abacha loots today that they claimed to had repatriated? Can you point one thing it was used for? They claimed they were going to monitored how the money is spent on the projects they mentioned, I told many of you that it was all a set up to tarnished Sani Abacha name more in order for Nigerians never to wish for a military rule again, why will Sani Abacha bank money with the West a man that never travelled abroad or outside Nigeria as Nigeria president or head of States, why? Sani Abacha was the only Nigeria president that the west wasn't able to ride like a horse in fact he put them all in their places, why will such man Bank many with them? I am not saying general Sani Abacha was a saint no but he held Nigeria economy strong, Naira never blinked against the dollar all through his four years in office, fuel price never shaked, with your salary as a civil servant you could feed like a king and question, there was nothing like Boko Haram and if he was the president today Boko Haram won't last a year before he erase them all, he was the only president that invested billions of dollars in agriculture, he ended the Sierra Leone civil war, no country dared to treat a Nigerian anyhow without him retaliating!!! Ibrahim Badamasi Babangida IBB the father of all destruction of Nigeria and her economy, why are they not repatriating billions of dollars he looted Nigeria of? Ibrahim Badamasi Babangida IBB was the man that the international monetary fund used to destroyed Nigeria currency Naira, Nigeria currency was the world most powerful currency before the international monetary fund IMF plotted with the American government to destroyed it, a Naira was Equivalent to $1.50, go do your research, I wonder when we Africans will wake up, you can borrow a Nation as wealthy as Nigeria money or any Africa country if not because you want to loot them, if I am Nigeria president I will erase all those fake loan's and these criminals will not blink unless they show me all the physical projects those fake loans was used for or on in Nigeria soil
Nigeria 🇳🇬 will never work as one country, Nigeria needs division to save lives, that's why MNK is fighting for BIAFRA.
I was enjoying Dr Nwangwu's brilliant analysis before he got halted due to time constraints. The clandestine and opaque nature of Nigerian government's bilateral loan agreements with China has been exposed by this unfortunate saga. This matter has been shielded and hidden from public knowledge until now. So how does the government hope to earn the trust of the citizens under these circumstances? It deserves the shame and embarrassment it is being subjected to by the seizure of those aircrafts in Paris.
They should seize the president himself for all we care. Greedy leaders have here
What is a country wallowing in abject poverty during with such expensive aircrafts?
A big question yet to be explained by our corrupt leaders.😢😢😢😢
Ask Tinubu's corrupt arse. I bet he has nearly a billion in brines/stolen money.
A South Africa that hv never left his sharks in d township... Thinks townships is a superior place to other Africans cities.
Your comment makes no sense.
The iniquities of this doomed country is being exposed internationally, the world can see what we Biafrans have been living with.
Nigeria should be forced to abide by the terms of the contract.
This lawlessness is what the netizens of nigeria particularly the Igbos who refuse to be part of this contraption.
A lawless country that intimidates its people have now gone beyond its boundaries, it must be forced to obey international laws. Kudos to China and Chinese people.
China must now be careful giving Nigeria loans.
Nigeria is a movie😢😢😢😢😢
Unusual movie.
No. Nigeria is a funeral procession.
Reporter was tired of listening. I respect her for being respectful and patient
😂😂😂
Is AI newscaster not human
It’s the yelling and aggressive language pattern of many Nigerians which gets too weary to filter.
U am even tired too.
She was struggling with understanding his accent. They guy wasn't fluent and wanted so say more too.
No more development for Nigerian again by the Chinese if business moral and Ethics cannot be upheld.
What a taste of karma. The Chinese have been doing what Nigeria has done for years. The rooster has come home to roost.
@@botmoderator3405 Dont understand what u mean nigerian and chinese are doing the same for years?
Yup you're so right though,. But i think they are still controlled by the WEST. Because if Nigeria develops, there will be no more resources for the West as Nigerians will be needing 80 percent of all natural resources to develop their country, and the same applies to other African countries except South Africa, why? Cos the white people live among them, and they are on code with the west. Is what it seems like in my head.
Nigeria can play their citizens but not foreign entities that follow the law. I wish foreign entities would teach Nigeria law abidance.
If not that you are gullible" do a nation play citizens? I am a Nigerian, what's the name of your country, tell me let's see if you are so proud of your country tell us? Foreign entities. that follows the law, if you are an African then you are the most gullible one, the same foreign entities that follows the law like P&ID that almost used the UK Government and some unpatriotic Nigerians to defraud Nigeria of billions of dollars with fake contracts, is that the one's?
What do you expect from a corrupt country i'm so ashamed of being a nigerian o due to our leader's nigeria is blessed and rich but our government are our biggest night mere
You vote the same government and leaders
@@marybogombapatasi9920 We never voted such person as our leader they voted themselves into the office we know whom we wanted as our president not that over aged man o
In africa there are no courts to sue china why the west
@@anwehprincewill2161 spot on I’m a Yoruba and my mom Vote OBI , APC is a evil party
Add u at scammers a Nigerian took my all money promising meto take mein Canada nowi a block crying every day
Jollof rice republic yeiyei giant of Africa 😂😅
So,basically one Ogun State governor took money from a Chinese firm and issued them a contract that they were under no obligation to complete. This whole debacle was facilitated by the federal government and all the corrupt officials that clearly got kickbacks.
The next governor comes in and says to them; "that deal has nothing to do with my government so I'm revoking it".
Unfortunately for everyone involved, Chinese companies do not operate without knowledge and backing of their own government...so China is now simply showing the Nigerian government the ;"Fu** around and find out!" Theory 😅
China has no need for the planes..they most likely lent the Nigerian government the money to buy them in the first place.
Nigeria should be seized
This men in power continuously disgrace this country, they have not for any reason given Nigerians a reason to be proud of its passport, this has over the years made many Nigerians seek dual citizenship or abandon Nigerian citizenship all together.
Even with all that happened this August they still bought more planes,this tinubu man seems more concerned with the luxury of been president than the duty or service demanded by the office of the presidency.,under 1 year of this administration, tinubu has wasted the treasury funds and GDP on making life as luxury has possible for his family, the national assembly members and Godfathers particularly in northern Nigeria.
This patience they require from Nigerians is only so they have time to embezzle the nation dry,while Nigerians sit and wait foolishly.
GOD WILL NOT DO FOR MAN,WHAT MAN OUGHT TO DO FOR HIMSELF ,IT DOESN'T TAKE THE HOLY QUR'AN OR HOLY BIBLE TO MAKE A NATION PROSPEROUS, it only takes the WILL TO ACT.
Until Africa refrain from shipping raw material out of Africa, they will never be independent
That won’t stop a think. Africa need skill worker. Education is the only way out of poverty.
All this dirty deals he is talking about was even done during the time Jonathan was in power, at the time PFP was ruling Nigeria and Ogun state, so how was the current government the cause of the problem. This guest is one of those few Nigerians who bought their pHD
No it was under Buhari.
I wonder what academy you lead.
This is a professor. He went into details. The reporter did a good job of letting him guest speak about the issue.
China should have informed herself about Nigeria
😂😂😂😂
They are well aware and smarter.
😂😂😂
Ogun state is a Yoruba state, Tinubu is a Yoruba person. Do the maths
Tribalistic government no body do scam pass Yoruba people.
China China stop giving this thief money
I don't think they will hear this advice because of what they're to gain from the deal
For me they have taken tinubu for life instead of them to seize our access we Nigerian values that access more than tinubu.
You don't just terminate a signed contract all along
That's the same way they treat us, the citizens, pushing us around like animals. That's what they still want to do to China 🇨🇳 too. Desperate criminals in government will need to face desperate consequences. They think China 🇨🇳 is like Nigerian citizens who will come and invest in Nigeria. Now, God will continue to disgrace them internationally so that the world will know what we are going through in Nigeria.
Nigeria government, Allow Biafrans to Go Peacefully !, Release Mazi Nnamdi kanu and all the BIAFRAN'S FREEDOM Fighters , God Almighty has spoken !!. Anybody or Country that Disobey God shall face the WRATH of God !!!
You don’t have to beg dem anymore going is a most all hail Biafra 💪 I ask all Biafra to go back home before December second
The world is now making fun of Nigeria
Chinese govt should seize Tinubu, Shettima and Akpabio for all the loans given to Nigeria. Nigerians are not involved in all those loans, pure and simple.
Chinese company are a very big criminal 😂😂😂
Agreed. But, does that exonerate the Nigerian government? The truthful answer is a capital "NO."
The most criminals are the western imperialists, Chinese are right, my country had and agreement and the terms and conditions most be respected. Anyway, you represents your colo masters no dough
You are a very good reporter, and i always feel moved to listen to your news all day. Keep it up.
the loan many of Nigeria leader share the money 😢😢😢 I am now paying for what consum
WELL DONE BY CHINA !!!
NIGERIANS MUST CONDITION THEIR BRAINS TO BE INDEPENDENT AND INVEST THEIR MONEY, TIME AND ENERGY INTO THEIR OWN NATION INSTEAD BORROWING FOREIGN CURRENCY AND FOREIGN INTELLECTUAL PROPERTIES !!!
MESSAGE FROM THE UNIVERSE TO NIGERIA.
Just taking names and kicking ass
To be independent and invest will cost them maintenance money. If they're given the money they can just share it among them shelves. Similar maths
Watching this after watching a video where a lady was talking about Nigerians being the greatest & most resourceful people is pure comedy 😁😬
That word sieze is still hitting me. sounds like big brother just flexing muscle over his last small brother ,Oya gimmie that thing.
Keep it up! More perspective means more informed decisions
Anyone that really knows China knows that relationship is like the Greek's gift. They hardly engaged in equalateral relationship even with advanced nations not to talk of developing nations. Imagine them crying out internally on this when they are the champions of not keeping to trade agreements and symbiotic trade relationships which resulted to the trade war between them and the US during Trump presidency who dealt a great blow on Chinese economy. Though Nigerian government may have faulted because of bad governance, China is among the worst countries to engage in a symbiotic trade relationship with. Dealing with them requires extra carefulness otherwise you will wake to discover you've sold your country to them in trade agreements without knowing. Some African countries currently under these seize can tell better.
Chai.. other countries don see us finish..aahh..naija ooo
Nigeria is not the name of a country that is a business center let them pay and borrow more.
Nigeria is never in the news for any good reason
That's normal Chinese practice
I can smell tribalism in Nigeria 😂
International embarrassment!
Really International disgrace 😢
Wow, APC is the most evil and embarrassing political party ever,
In the history of Nigeria since our independence 🤔🤔🤔.
I swear. That is why we must start educating ourselves against APC even before 2027. If Tinubu has his way come 2027, Nigeria will be gone fully. Mark my words.
Was it Tinubu that enter the agreement? The federal government under Jonathan did not even know that Ogun state government enter any agreement. Most of this Chinese company are just coming to milk the country and some Nigerians are supporting them blindly
Dr. Nwangwu just get jou for this interview😊😊😊😊😊,wetin concern hardship protest about the failed contract between ogun state and a chinese firm😂😂😂
Nigeria has expired and only referundum can save Nigeria government now
Oh no, you should have given him more time to talk on this issue.
Doctor u talk too much
What a shame to my country😢😢😢
Reporter pls wait for 1 more minutes 😅😅😅 we have a lot to say 😅😅😅
That's a good analyst
The werey doctor just Dey talk anyhow. So much has we need china, they need us too and making it seem like Nigeria or any other African country can not survive or even develop without loans and so called help from western countries is just ignorant slave mindset. We may have been at fault this time and I say this without sufficient knowledge of why the agreement between Nigeria and china was terminated but one thing should be clear and known, we are just or even more as valuable as they are to us.
Girl run please; that brother english hurt my ear too.
Any foreign company duped can use any means to recover his money anywhere
Borrowing money for structural reforms in Nigeria markets hasn’t impoverished since international collateral issues can’t surface confidence rates….Why Chinese government now.
Why Africans have the view if they borrow money, they are not supposed to pay it back?😊
Because they borrow to steal
God please give us Biafra, that is only solution.
Nigeria... What a shame.
Thank you Chinese, other wise Nigeria is in hunger 😅😅
This is how Yorubas is insulting Nigeria completely in the name of is my turn, from the president to the common governor.
What a myopic comment
@@vidzhotspot3789my brother. Overt tribalism.
Nice one from the Chinese company
Pay the people and let them go from your country.
The lady was like that's enough vocabulary to take in in one day
Did the federal government sign this with China or the Ogun state government did ?
We should be carefully, what we do today because Nigeria has 36 states. We don't want each of them to go borrowing for the federal government of Nigeria to pay!!!
Nigeria government are illegally done something 😢
I'm sorry for Nigeria where's all money people are suffering everyday soory
Gross,😂, I'm surprised the Chinese would even go to Nigeria.
There is good money in Nigeria.
African change mind technology world will respect you
Chinese company is working by the FINGER OF GOD!
Well explained
This guy is talking as if china is the one going to suffer. Not mentioning how much money Nigeria owes to china. Nigeria need china more than china need Nigeria. If the western countries refuse to loan Nigeria some money, there is only one place to go, china. So they better solve this diplomatically than trying to beat their chest that they are they giant of Africa. Chinese could care less.
I see, what pained you most is the title 'giant of Africa' don't worry you can take the title for your country and be able to sleep well
@Jamesbond44, Nigeria do not need china for anything, all china government and his criminals are doing is using Nigeria criminal leader's to loot our country Nigeria, all Nigeria needs is a true visionary leader and all those fake loans to loot Nigeria will be cancel in their entirety unless China government Will show all the projects that the acclaimed loans was used for or on in Nigeria soil
@@Olusay77😂😂Nigeria the joke of Africa 😂😂
Nigéria vs Ghana 🙌🏾🙌🏾😎
If Chinese government know what is good for them they should not release those jet's because Nigeria will not be act of paying that debt because we have no leaders but thief's
Nigeria is a failed state, Chinese are right please make sure you collect your money 💰 Biafra's Nation are going out of Nigeria as well
Sham and disgrace to Nageria 😂😂😂😂😂😂
Shameless - how can you have 3 presidential Jets each worth over $100M whiles people struggle for a living…
How do you even contract a Chinese company to setup free trade zone in Nigeria 🇳🇬? Which shameless act sef be dis ???
Good China!
Nigeria Federal government has a case😮
This Dr. Chikodiri analysis does not sound indepth and intelligent
After receiving a lots of money you terminate contract is that not a scamm ?
Another case of dishonesty after the P&ID scandal!
WICKEDNESS' AND INJUSTICES AGAINST THE IGBOS/BIAFRANS KAMA IS PLAYING OUT MORE MISFORTUNE IS COMING TO NIGERIA!
😂😂😂😂.... On week, one _______
Make God the centre of it all. Give ur life to Jesus.
Please it's tinubu who is owing not Nigeria and it's civilians. He is responsible for what he ate and borrowed. As well as what was collected under his leadership. If he is not in line with the borrowing of money, he should ensure those responsible under his government are held accountable. A country that has capacity to feed nation's is in debt, God help us. Abeg the government of the owed country (China) should be given a go ahead by the court to reduce the debt with these planes if the government refuse to pay what was borrowed at a time window given by the court. Things in Life can be so easy to settle if people embrace simplicity and less stress. No one should crack their heads for something that can be resolved with common sense.
And also for china, they should be careful with loaning huge amounts to Nigerian government cause I strongly believe they don't plan paying back even after Christ comes
Don't let nobody divided you United please
China China this is una property congratulations if there is any make una come carry it .
Lovely
You pull out of a deal, u honour the loss contract. period. May I add the issue was at a state and not federal level. China has every right to pursue its investment losses.
Are these foreign companies adhering to contractual obligations.?
You resource person is just lambasting his own country?
thanks. he is an igbo man, but the president is a yoruba man. So, he has to promote his innate propaganda
@@ayenia2736 Predictable lots, you guys will always throw in tribal sentiments at any given time; even it is not necessary or relevant.
@@princekhanxi what does the money borrowed during Yaradua and Jonathan era have to do with the present government? This guy never mention anything like that in all his myopic and tribal analysis. If anybody is tribalistic, it must be someone like this your parochial speaker
@@ayenia2736 before you prattling like you know what you're blabbing about, answer these questions first;
1). Was the contract a bilateral one between Nigeria and China?
2). Did the Chinese company construct road network, drainage systems and electricity there?
3). Why was the contract abruptly terminated?
Out of these listed key points, tell Me what the man said that was out of context.
Nigeria only exists for those looting the remaining resources but in actual sense it was dead in 2014 and can never be remedied unless they conduct a referendum for indigenous people to decide to stay together or separate.
Ogun Yoruba state ,,later igbos go pay
Continental embarrassment
Wait, Nigeria's governments doesn't know that almost all its states 33/36 are subnational? What the hell is this?
This is madness.
In Nigeria, these 36 states operate as subnational entities, each with its own governor and legislature.
However, the Federal Capital Territory (FCT), Abuja, is not a state but a distinct administrative region managed directly by the federal government of Nigeria. So, only Abuja (FCT) is not a subnational state.
@@shell.terminal so, can each state have businesses with a foreign multinational or does it have to go through the federal government. I assumed only Lagos and Rivers have the power to have those types of businesses.
@@ebingo10 Some states, like Lagos and Rivers, which have more developed economies and infrastructure, may seem to have more autonomy in attracting foreign businesses due to their economic significance and the presence of major ports and industries. However, even these states still operate under the framework of federal laws and must coordinate with the federal government for any substantial foreign investment deals
@@ebingo10 While state governments in Nigeria have certain powers, they do not generally have independent authority to directly engage in international relations or foreign trade.
They often collaborate with the federal government to attract foreign investment to their regions, particularly in sectors like agriculture, manufacturing, and real estate.
@@shell.terminal ok, I agree with you. So why does our federal government think that it won't get any repercussions for a bad deal in one of it's states.
why china go seize our presidential jet nah 😢
And yet they are itching to invade its neighbours.
This is the type of Nigerian man that stand against his own country because of personal gain and interest(but the Nigerian government say other wise, are u okay portraying the nation as such!?), this man is to be arrested immediately for treasonable offence if we are a scene nation.
What is wrong with us in this country that we hate the nation as much as this, the content of his statement are embarrassing that the Indian presenter had to end his rubbish
👍👍👍 to the news anchor, based on her analytical questions, pronounciations and time management skills, as for the "PHD guest he wasn't sound enough and his analysis wasn't bright and doesnt seem brilliant.
Lol why are they always getting judged in foreign court wtf happened to African
How is this?
Rilly🤜🤔
Then nigeria should pay them the money do they can release their jet lol 😂 nigeria is gone