National

Chinese Businessman Wins Right to Confiscate Two Nigerian Govt Property in UK

Published

2 years ago

June 25, 2024

Eric

Two Nigerian properties located in the United Kingdom are on the verge of being taken over by a Chinese investor following an order granting the investor the right to enforce a $70 million investment treaty award against Nigeria.

The investor – Zhongshan Fucheng Industrial Investment – was granted final charging orders over two UK residential properties owned by the Nigerian government after the company also attached a £20 million debt relating to the high-profile P&ID case.

Reports said the Chinese firm secured the order on June 14 when Master Sullivan in the Commercial Court in London granted the orders in respect of two Liverpool properties estimated to be worth a combined £1.7 million.

According to the judge, the order was premised on the fact that the properties have been converted to commercial use outside Nigeria’s diplomatic or consular activities in the UK, stressing that enforcement of the order should prevail.

The case was a gritty legal battle between Zhongshan, represented before the court by Withers and barristers at 3VB, while Nigeria was represented by Squire Patton Boggs and a barrister at Atkin Chambers.

Reports said the underlying arbitration was in relation to a joint venture with Nigeria’s Ogun State to establish a free trade zone near Lagos in 2013. A Zhongshan subsidiary held a 60% stake in the project but Ogun terminated its participation three years later.

In 2021, a London-seated UNCITRAL tribunal chaired by Lord Neuberger including Matthew Gearing KC and Rotimi Oguneso (SAN) said Nigeria was guilty of expropriation and other breaches of the China-Nigeria bilateral investment treaty and ordered the country to to pay US$55.6 million plus interest and costs.

Nigeria in the same year put a challenge against the award in the Commercial Court on jurisdictional grounds. Nigeria’s position was that the arbitration clause in the BIT was invalid. But in later development, Nigeria withdrew the challenge before a hearing on Zhongshan’s application for security and security for costs was about to take place.

Mrs. Justice Cockerill in the same court granted Zhongshan an ex parte enforcement order in December 2021, but Nigeria did not file against this order within the 74-day deadline allowed by the law.
In July 2023, the Court of Appeal in London stopped Nigeria from bringing a late challenge to the enforcement order, stressing Cockerill’s provisional determination that state immunity did not apply had become final.

The investor reportedly got interim charging orders in June and August last year over the two properties in Liverpool, which are owned by the Nigerian government.
Nigeria’s efforts to dismiss these charging orders failed as Master Sullivan in her judgment, held that the properties are leased to residential tenants and that no “consular activities are actually taking place on the premises”.

She also dismissed Nigeria’s arguments that it had not been properly served with the interim charging order applications under the State Immunity Act and that Zhongshan had failed to give full and frank disclosure when seeking them.

Master Sullivan also dismissed Nigeria’s objection about parties bringing multiple enforcement action, saying that parties are “entitled to bring as many types of enforcement action as they see fit to recover their debt.” She noted that Nigeria had yet to pay any of the award and that the value of the properties represented a “small proportion of it”.

Timi Balogun of Squire Patton Boggs, counsel to Nigeria, said: “We respectfully disagree with the Master’s decision, which we believe somewhat brushes over complex public international law issues, including with respect to state immunity and the right of a foreign state’s High Commission to own and manage portfolios of fixed assets in England and Wales. We believe that such issues need to be weighed very carefully, and we intend to appeal this decision so that these complex and important issues can be considered by the higher courts.”

Zhongshan applied to enforce the award in Washington, DC in 2022. Last year, the DC district court rejected Nigeria’s motion to dismiss the action on sovereign immunity grounds. The state argued the China-Nigeria BIT was “quintessentially sovereign” and therefore the award did not arise from a commercial relationship between the parties. The DC district proceeding is stayed pending Nigeria’s appeal of the sovereign immunity decision.

Zhongshan has also taken enforcement measures in various other jurisdictions, including in Quebec, where it seeks conservatory seizure of a private jet; and in Belgium, where Nigeria is challenging attachments of properties.

In the British Virgin Islands, Zhongshan has obtained an interim attachment over a £20 million liability owed Nigeria by BVI-registered company Process & Industrial Development (P&ID) under an English Commercial Court ruling. The Chinese company withdrew an earlier application to attach the same liability in England.

The Commercial Court ordered P&ID to pay Nigeria £20 million in costs in December last year after upholding the state’s challenge to an US$11 billion award in favour of the company. Mr Justice Robin Knowles found the award was procured through false evidence, corrupt payments and improper retention of leaked documents.

National

ICPC Vows to Continue Probe As Dangote Withdraws Petition Against Ahmed Farouk

Published

3 days ago

January 8, 2026

Eric

Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Wednesday, said that Aliko Dangote has withdrawn his petition against Ahmed Farouk, the former head of Nigeria’s downstream petroleum regulator, even as investigations into the allegations continue.

Dangote, chairman of the Dangote Group, submitted the petition to the ICPC in December 2025 through his lawyer, Ogwu Onoja, accusing Farouk of corruption and financial impropriety. The petition called for Farouk’s arrest, investigation and prosecution.

In the filing, Dangote alleged that Farouk lived beyond his means as a public official, claiming he spent more than $7 million on the education of his four children in Switzerland over six years without lawful income to support such expenses.

ICPC spokesperson Okor Odey said the withdrawal was communicated in a letter from Dangote’s lawyer. He added that the petition was withdrawn in full and that another law enforcement agency had taken over the case.

However, Odey said the ICPC would proceed with its own investigation despite the withdrawal.

“The petitioner has withdrawn the petition dated 16 December 2025… in its entirety,” the statement said.

“Nevertheless, in line with sections 3(14) and 27(3) of the ICPC Act, investigations have already commenced and are ongoing.”

He said the commission would continue its inquiry in the interest of transparency, accountability and the fight against corruption.

Farouk resigned as chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority less than 24 hours after the petition was submitted, following a meeting with President Bola Tinubu.

National

Egbetokun Rejigs Police Hierarchy, Redeploys DIG, 17 CPs

Published

4 days ago

January 7, 2026

Eric

The Inspector-General of Police (IGP), Kayode Egbetokun, has approved a major redeployment of senior officers, posting a Deputy Inspector-General of Police (DIG) and 17 Commissioners of Police to key operational departments and State commands across the country in what the Force described as a move to strengthen leadership and service delivery.

According to the Force Public Relations Officer, Chief Superintendent of Police (CSP) Benjamin Hundeyin, the redeployments are aimed at reinforcing intelligence gathering, improving operational efficiency and enhancing public safety nationwide.

“The deployments are intended to strengthen operational capacity, effective leadership, enhance public safety, and improve service delivery,” Hundeyin said in a Tuesday post on the Nigeria Police Force’s official X handle.

Under the new arrangement, Deputy Inspector-General of Police Mohammed Usaini Gumel has been assigned to head the Force Intelligence Department, placing him at the centre of the police’s intelligence coordination and analysis.

At the command level, Commissioner of Police Aina Adesola has been posted to Delta State, Umar Mohammed Hajedia to Kebbi State, and Iyamah Daniel Edobor to Bayelsa State, as part of efforts to reinforce leadership in strategic states.

Several commissioners have also been deployed to specialised units and formations.

Osagie John Agans-Irabor was assigned to the Anti-Human Trafficking Unit at the FCID Annex in Lagos, while Johnson Ayodeji Babalola will head the Special Enquiries Bureau at the FCID in Abuja. Adepegba K. Adetoye was posted to the Marine Unit at Force Headquarters, Abuja, and Tabitha Bako and Umar Ali Fagge were appointed deputy commandants at the Police Colleges in Kaduna and Ikeja respectively.

Others include Audu Garba Bosso to General Investigation at the FCID Annex in Kaduna, Edwin Esiunnoh Ogbeghagha to Community Policing at Force Headquarters, Arikpo Ofem Ikpi to the Investment Office of the Department of Logistics and Supply, and Cyril Uchenna Obiozo to the Maritime Command in Lagos. Samuel Yerima was named Coordinator of Courses at the Police Staff College, Jos, while Alhaji Mohammed Danlandi was deployed to the X-Squad at the FCID Annex in Kaduna.

Further postings saw Richard Bala Gara assigned to the Inspectorate Department of Training and Development, Lasisi A. Titilola to the Railway Command in Lagos, and Obuagbaka C. John to the Safer Highway Unit in the Department of Operations at Force Headquarters, Abuja.

Egbetoku urged the redeployed officers to justify the confidence reposed in them, charging them to draw on their experience to deliver results. He emphasised the need to “uphold professionalism, integrity, and ethical standards” and to ensure strict adherence to the rule of law in the discharge of their duties.

The redeployment comes amid ongoing efforts by the police leadership to reposition the Force for more effective crime prevention, intelligence-led policing and improved engagement with the public.

National

Tinubu Strips Finance Minister Edun of Critical Powers

Published

3 weeks ago

December 23, 2025

Eric

The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, may have been stripped of critical powers in the nation’s financial activities in the wake of President Bola Tinubu’s latest directive.

The president’s decision to strip Edun of certain responsibilities was contained in a State House memo to the Secretary to the Federal Government, Senator George Akume, dated December 4, 2025.

The memo is titled: “Re: Updated Responsibilities of the Honourable Minister of State for Finance” and signed by the Private Secretary to the President, Mr. Damilotun Aderemi, was, according to reports, personally delivered by the SGF, Senator George Akume, to the Minister of Finance.

The memo read: “I write on the directive of His Excellency, President Bola Ahmed Tinubu, GCFR, to forward the attached document on the above subject matter to you and to request that you issue a necessary memorandum implementing same as updated responsibilities of the Honourable Minister of State finance.”

The attached document, referenced supra, entitled “UPDATED Responsibilities of the Honourable Minister of State for Finance” reads in extenso: “The office will be specifically responsible for domestic finances of the Federation including revenue generation, revenue distribution and all domestic debt management.

“Additional specific mandates and oversight: in addition to the existing mandate of the office: (a) Home Finance, (b) Technical Services, (c) Cash Management, (d) Revenue Sharing amongst the tiers of Government and Federation Account, (e) All Domestic Debt Management, (f) Nigerian Customs Service, (g) Development Finance.”

The directive is meant to take immediate effect.

There are insinuations that the minister is displeased with the development, but that claim could not be independently verified.