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Zhongshan: Securing Nigeria’s foreign assets against sub-national contracts

Recently, a French court ordered the seizure of three jets owned by the Nigerian government amid a long-standing dispute with a Chinese company. The dispute is connected to 2007 contract between a Chinese firm, Zhongshan Fucheng Industrial Investment, and a Nigerian sub-national entity, Ogun. The Ogun Government under, the leadership of then governor, Gbenga Daniel, entered into a joint venture…