Seized Presidential Assets: Tinubu Jets Out To China With Stop Over in UAE

The New Diplomat
Writer

Ad

Obi Slams ECOWAS Over Guinea-Bissau: Calls Out ‘Double Standard’ 

By Abiola Olawale Former Labour Party Presidential candidate Peter Obi has criticized the Economic Community of West African States (ECOWAS), accusing the regional body of applying a glaring "double standard" in its response to the recent political turmoil in Guinea-Bissau. ​In a strong statement released on his X handle on Sunday, titled "Reflecting on the…

Presidency Slams Obasanjo, Says Terrorism Began During His Administration 

By Abiola Olawale The Presidency has criticised former President Olusegun Obasanjo, directly challenging his recent critiques on the nation's security crisis. In a statement issued on Sunday, the Presidency asserted that the foundation of terrorism and extremist violence in Nigeria was laid during Obasanjo's tenure, dismissing the narrative that the current administration inherited a peaceful,…

Atiku slams N17.5trn pipeline security bill, says figure rivals Nigeria’s 12-year subsidy bill

By Obinna Uballa Former Vice President Atiku Abubakar has accused President Bola Tinubu’s administration of overseeing what he described as one of the most alarming financial scandals in Nigeria’s history, following revelations that the Nigerian National Petroleum Company Limited (NNPCL) spent N17.5 trillion in one year on pipeline and energy security. In a statement issued…

Ad

By Abiola Olawale

President Bola Ahmed Tinubu is set to jet out of Abuja for Beijing, China, on Thursday, August 29, on an official visit.

This was disclosed in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale.

Ngelale, in the statement, also revealed that Tinubu will have a brief layover in the United Arab Emirates.

According to the statement, Tinubu is expected to have a bilateral meeting with his Chinese counterpart, President Xi Jinping. Also, the President is scheduled to hold meetings with Chinese business leaders on the sidelines of the Forum on China-Africa Cooperation.

The New Diplomat reports that this is coming amid a flurry of seizures of Nigerian assets by a Chinese firm, Zhongshan Fucheng Industrial Investment Co. Limited.

It would be recalled that a French court had recently ruled in favour of the firm and granted the seizure of presidential jets belonging to the Nigerian government over a business dispute with Ogun State, a subnational within the Nigerian federation.

Ad

X whatsapp