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Chinese firm release Nigerian presidential jet

Grace by Grace
August 16, 2024
in News
Reading Time: 3 mins read
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Chinese firm release Nigerian presidential jet
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Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese firm, has decided to release one of Nigeria’s presidential aircraft that had been detained in France.

This decision comes in response to a Paris judicial court order and is intended to facilitate President Bola Tinubu’s upcoming diplomatic visit to France for a meeting with French President Emmanuel Macron.

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The company emphasized that the aircraft’s release was a gesture of goodwill, recognizing the importance of President Tinubu’s planned meeting with Macron.

The aircraft, an Airbus A330, had been held in France due to a legal dispute involving Zhongshan and Nigeria, which arose from an arbitral award granted to Zhongshan in 2021 against Ogun State, a region in Nigeria.

Despite this temporary release, Zhongshan remains open to further discussions with the Nigerian government, seeking a prompt and fair resolution to the ongoing legal matter.

The statement reads, “Zhongshan has consistently sought to act reasonably and fairly in the course of a legal dispute with Nigeria which was not of its making.

“It has now been made aware that an Airbus A330, currently detained in France as a result of a French court order obtained by Zhongshan, is needed for the President of the Federal Republic of Nigeria to travel to a scheduled meeting with President Macron of France early next week.

Also Read: Tinubu Slashes IGR Deductions Of Govt Agencies

“As a gesture of goodwill, Zhongshan has lifted the seizure of that aircraft immediately. This will allow it to be used for the President’s trip.”

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