The Presidency on Thursday said it has uncovered secret attempts by a Chinese firm to secretly take over Nigeria’s offshore assets using unorthodox means.
President Bola Tinubu’s spokesman, Bayo Onanuga, who raised the alarm, distanced the Presidency from the company, stating that the Federal Government is not under any contractual obligation with the firm.
“The Presidency is aware of the various failed attempts by a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, to take over offshore assets of the Federal Government of Nigeria through subterfuge,” Onanuga said.
“The Federal Government is not under any contractual obligation with the company. The case in which Zhongshan is trying to use every unorthodox means to strip our offshore assets is between the company and the Ogun State Government.
