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Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries (26599 Views)

Ted Iseghohi-edwards Sues To Seize Nigerian Assets In U.S. Over $159million Debt / P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets / Anxiety Over $9bn Nigerian Assets; London Court Sits On Tuesday (2) (3) (4)

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Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Angelfrost(m): 1:18pm On Aug 16
Seefinish:
Nigeria should also go against China investments in Nigeria

It doesn't work that way...! grin

It's not a "Seizing Competition".


If you don't want insults like this, then you keep your finances in order!
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Ebigwei007: 1:20pm On Aug 16
Well thank God that the recovery is already starting with them, they will have to vomite everything they have collected.
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by beejay85: 1:20pm On Aug 16
betshopagent:
Ogun state should pay. make dem leave other states from their mess
Pay $60m for perimeter fence done...
Oga make una dey fear God small small..
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Major7: 1:20pm On Aug 16
SpatialKing:
Wow
Where are all the so called IGR generated by Ogun state?
They claim Ogun IGR is higher than the entire south east region..Ogun state should have save Nigeria from this international shame and embarrassment.

Why did Tinubu go ahead to purchase not one but 3
Three jets knowing fully well the situation of Nigeria economy where did the money come from?

Finally what's the essence of still maintaining diplomatic or slavery relationship with western countries like France and USA ? Why can't we cut ties with them like Burkina Faso, Mali and Chad have done?

This shows that USA have something damaging against Tinubu and they are using it to control his government like puppet..

Yet again APC government a Yoruba/Hausa/Fulanis party has brought shame to this country.

We wish they could seize Tinubu too





Your bitterness is affecting your analytical abilities,I’m not a fan of this useless APC administration but common now😏
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by geoworldedu: 1:21pm On Aug 16
ojun50:
Make them seize the country self
We need to be recolonised.
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by kingthreat(m): 1:21pm On Aug 16
san4P:

Therefore I advise Nigerians to stand together against this legal oppression... Let's stand with Nigeria... Let's stand with Ogun state...

Who dem epp?
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by hammerT: 1:22pm On Aug 16
I THANK GOD FOR THIS NEWS.




NIGERIA IS RUN BY CRIMINALS, WHO HAVE NO RESPECT FOR ANYBODY OR INSTITUTION.




THEY FEEL THE WORLD IS ONE BIG GIVE AWAY AND EVERYBODY OWE THEM MONEY.





THIS NEWS IS A WELCOME DEVELOPMENT, THE THIEF IN ASO ROCK TODAY IS ALSO HOPING TO COLLECT EVEN MORE MONEY FROM CHINA.





CHINA PLEASE DONT STOP UNTIL U KILL THEM ALL AND THEIR FAMILIES.



NIGERIA NEED TO LEARN AND GROW AND REJECT THIEVES AS GOVERNMENT OFFICE HOLDERS.
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Smartgeek(m): 1:23pm On Aug 16
Na wetin borrow borrow dey cause be dis.

Shameless Nigerian Government.
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by pandax: 1:24pm On Aug 16
PureFace1:


You will Annex Ogun or Ogun will annex you.

It is better a Nigerian State annex Ogun than for Chinese to annex them. If Chinese were to annex them, names like Kehinde, will become Kehinhuan in Chinese Lanaguage.

If you refuse annexation of my state or that of Chinese, please go and pay you $100m debt and stop embarrassing Nigeria internationally

On a serious note, I am beginning to think that the West is after Nigeria for some yet to know reasons!!!!
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by geoworldedu: 1:24pm On Aug 16
Ironbull:


Shame on you and shame on your head so it's Tinubu who should paid for a problem since 2016 to 2023 when that useless Buhari was in power ba?

This is nothing it's very simple if the stupid Chinesse idiot do too much The Fed Govt should also sieze all Chinese company in Nigeria very simple. Chinese idiots have $Billion investement in Nigeria infact one of their multimillion company is not far from me here.

When Franco do too much during Abacha Abacha told them their Total Oil will be gone, immediately France melow down.
Who e go pain pass? China go just tell us to pay all the loans we borrowed from them. Then they will turn the country to sand. Shebi 1 dollar na #1600. By then it will be #16,000
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by laconicezone(m): 1:24pm On Aug 16
These amounts they are calling is small na $130m abi $74m

Compared to the amount our politicians loot on a daily basis, this is chicken change! Why is the FG disgracing Nigeria like this na

1 Like

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Alexiiydon: 1:24pm On Aug 16
LagosPrince:
Shame on tinubu, this is the international disgrace he has brought upon Nigeria

Dapo abiodun and tinubu should clear up this mess
so na them receive the loan?? Something that happened when obi was still a governor
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Moony45: 1:26pm On Aug 16
These all happened unde past administrations for God sakes
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Alexiiydon: 1:26pm On Aug 16
I think it’s time to delete my account on NL people here mostly speak nonsense and the stupid MODs are biased this is a shit website

1 Like

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Ezechimerenwata: 1:26pm On Aug 16
NA SO COLONILIZATION TAKE THEY START OOHH!!!


NTII ODIKWA??!!
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by hammerT: 1:27pm On Aug 16
laconicezone:
These amounts they are calling is small na $130m abi $74m

Compared to the amount our politicians loot on a daily basis, this is chicken change! Why is the FG disgracing Nigeria like this na


IT IS CHICKEN CHANGE U SAY?



IS IT COMING FROM YOUR STATE OR TRIBAL LAND.


DO U KNOW THE OIL AND GAS IS COMING FROM SPECIFIC PEOPLE AND STATES IN NIGERIA?



IS THAT Y ALL OF U NO LONGER HAVE RESPECT OR SENSE BECAUSE SOMEHOW NIGERIA HAVE GIVEN U ACCESS TO OTHER PEOPLE RESOURCES?



WELL NOTHING LAST FOREVER.



U MUST RECIEVE SENSE BY FIRE AND BY FORCE, THAT CHAPTER IS FAST LOADING.



DONT THINK FOR A SECOND IGBO OIL AND GAS WILL GO THE SAME WAY.


U SEE THE FIGHT IN YOUR HANDS NOW? IT WILL RAPIDLY KEEP INCREASING.
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Dougad: 1:28pm On Aug 16
beejay85:

Pay $60m for perimeter fence done...
Oga make una dey fear God small small..

No need to bring God to the matter.

If the useless lawyers of Ogun state allowed the government to sign a contract with cancellation fee of $60M regardless of the project's state of completion, then they deserve what they get.

If you like carry the case go heaven, na Ogun state headache.
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by hammerT: 1:29pm On Aug 16
NIGERIA NEEDS RESOURCE CONTROL.



JUST HOW YORUBA CONTROL LAGOS THE RESOURCES IN NIGERIA SHOULD BE CONTROLED BY THE LAND OWNERS.




ENOUGH IS ENOUGH!

1 Like 1 Share

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Stephench: 1:29pm On Aug 16
The hurried nature of the rulings are suspicious.

The allegations here are weighty. I doubt they'll be able to prove most of them.

Did they actually build infrastructures in the zone? If they did, then they have a lot of ground as that's very easy to prove.

Some of the other allegations are not that easy to prove beyond all reasonable doubts unless the judge is biased

2 Likes 1 Share

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Ironbull: 1:31pm On Aug 16
geoworldedu:
Who e go pain pass? China go just tell us to pay all the loans we borrowed from them. Then they will turn the country to sand. Shebi 1 dollar na #1600. By then it will be #16,000
Hahahahaha you talk like a coward. Turn where to sand? Pls stop saying all these nonsense Nigeria is not Togo biko. Turn Nigeria to sand say wetin happen?

Pls drop that shit abeg.

Talj domething that make sense pls.
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by RealTrump: 1:32pm On Aug 16
Deziwealth:

You go mumu for real life oo, was tinubu there in 2016-2016?
Just moved past being a failure, if your candidate fail make he try next, but acting fullish online embarrassing your family members

Story, once you take over an entity, all its assets n debts becomes yours.

If Tinubu did his home work before assuming office, he would have known about this before contesting to be president. It is not Zhongshan's problem that he didn't.

When they bought Chelsea, did the new owners tell Abramovich that would only buy the club with the good players n that he wouldn't pay for the dead players?

2 Likes 1 Share

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by hammerT: 1:33pm On Aug 16
THE NEXT BIG FIGHT IN NIGERIA WILL BE FOR RESOURCES CONTROL.


IF YORUBA THEY DRAG LAGOS, IGBO GO THEY DRAG OIL AND GAS.


IJAW GO DEY DRAG OIL.



AKWA IBOM GO THEY DRAG OIL.


DELTA AND EDO GO THEY DRAG OIL.


INTERESTING TIMES AHEAD.




YORUBA AND FULANI REMOVE MOUTH FROM OUR RESOURCES.




WE WILL PAY SOMETHING TO ABUJA, ALL OF US BUT WE DONT WANT ALLOCATIONS.


WE WANT RESOURCE CONTROL.



IT IS TIME, U PEOPLE ARE MAD, U HAVE WASTED OUR RESOURCES ENOUGH.


LET THE OWNERS MANAGE AND CONTROL WHAT IS ON THEIR LAND AND PAY YOU 10%

3 Likes 2 Shares

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by maxiuc(m): 1:34pm On Aug 16
Where is the attorney general of the federation and cjn now is their time to save Nigeria
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by NorthernAgender: 1:35pm On Aug 16
The issues I always have with you igbos is that you don't criticize constructlively you speak base on the hatred you have a particular person. This is international issues that all Nigerians should focus on the case not to just criticize the president just because you hate him.
LagosPrince:
Shame on tinubu, this is the international disgrace he has brought upon Nigeria

Dapo abiodun and tinubu should clear up this mess
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Athemisia: 1:35pm On Aug 16
Seefinish:
Nigeria should also go against China investments in Nigeria
How? When we have borrowed a lot from them already?....
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by hammerT: 1:36pm On Aug 16
WE WANT RESOURCE CONTROL.



IT IS TIME, U PEOPLE ARE MAD, U HAVE WASTED OUR RESOURCES ENOUGH.


LET THE OWNERS MANAGE AND CONTROL WHAT IS ON THEIR LAND AND PAY YOU 10%

1 Like 1 Share

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Augustine2244(m): 1:37pm On Aug 16
Nice one! They should also seize the latest aircraft carrier procured by this accursed government.
Lest I forget, brethren.
The take off date of operations at the PH refinery has been shifted yet again, for the sixth time.
Lol!
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by maxiuc(m): 1:37pm On Aug 16
Alexiiydon:
I think it’s time to delete my account on NL people here mostly speak nonsense and the stupid MODs are biased this is a shit website
nairaland has lost it's flavours, APC happened to it

1 Like

Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by ezugegere(m): 1:37pm On Aug 16
Make them help us detain Toonooboo for China abeg!
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Athemisia: 1:40pm On Aug 16
ilovewater89:
I heard al the loan apps in Nigeria are owned by Chinese but the use some Nigerians as a front so that the government won't trouble them.
It makes me remember, the loan apps got so popular few months after Buhari got those huge Chinese loans
Bro you no lie.... Some of them will just freeze suddenly and show a lot of Chinese writings...
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by Alexiiydon: 1:40pm On Aug 16
maxiuc:
nairaland has lost it's flavours, APC happened to it
I want to deactivate now they are saying I should wait for 2 weeks when I would have change my mind already the MODs ruin the site
Re: Chinese Firm Moves To Seize Nigerian Assets In US, UK, Canada, 5 Other Countries by tnerro1(m): 1:41pm On Aug 16
san4P:
This is my view with respect to this issue... The contract was endorsed in 2010... and no development was done apart from perimeter fencing until 2016... definitely the expectations of Nigerian government... and the clauses in the legal document should have stated the maximum timeframe for job completion and extension... Even Dangote Refinery shared updates on construction development phases...

From available information... the supposed compensation amount is due to contract termination... not refund of investment made... if the company couldn't establish the facility within 6 years... then they were merely wasting Nigeria time... and hindered other more serious investors...

If this oppression succeed other foreign parties would come into Nigeria.... do shady jobs... then ask for compensation...

In as much as Nigeria has a present issue of leadership flaws... I think our individual patriotic passion should overwhelm this foreign manoeuvres... Because ever kobo used to repay this legal charge would come from our collective taxes...

Let Nigerian government instruct EFCC to trace out corruption record of this company... before, during, and after deal endorsement... then let's issue warrant of arrest... and request Interpol to arrest the culprits...

Therefore I advise Nigerians to stand together against this legal oppression... Let's stand with Nigeria... Let's stand with Ogun state...

Nice , but you forgot to call out the people that drafted such a one sided agreement. No time frames where given in the legal document which was a big loophole.

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