Nigeria To Appeal $25m Judgement In Favour Of Chinese Firm

Nigeria To Appeal $25m Judgement In Favour Of Chinese Firm …C0NTINUE READING HERE >>>

The federal government has announced plans to challenge a British Virgin Islands High Court ruling which allows a Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd to seize $25 million from the country’s foreign assets.

The judgment bordered on a dispute over a terminated trade zone agreement in Ogun State, signed during the administration of former Governor Ibikunle Amosun.

Special Adviser to the President on Policy Communications, Daniel Bwala said, “this is not…

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