Home Procurement NewsNigeria to appeal $25m judgment awarded to Chinese firm — Presidency

Nigeria to appeal $25m judgment awarded to Chinese firm — Presidency

November 20, 2024•

The Presidency on Wednesday, said it would appeal a recent judgment by the British Virgin Islands High Court granting a Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd., the right to seize Nigeria’s foreign assets worth $25m. The Special Adviser to the President on Policy Communications, Mr Daniel Bwala, disclosed this Wednesday night while responding

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