Former presidential candidate of the Labour Party, LP, Mr Peter Obi has described the seizure of aircraft in Nigeria’s Presidential Air Fleet as an international embarrassment.
Obi said the development is yet another of many embarrassing incidents exposing the nation’s failed leadership and poor attitude to the rule of law in a democracy.
IgbereTV learnt that the seizure followed the Ogun State Government’s failure to honour a $74.5 million award granted to a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited by an independent arbitral tribunal, chaired by the former President of the UK Supreme Court.
The seized jets are said to be part of Nigeria’s Presidential Air Fleet.
However, the Presidency on Thursday said it is aware of the development, accusing Zhongshan of attempting to take over offshore assets of the Federal Government of Nigeria through subterfuge.
Reacting in a statement on Thursday, Obi, a former Anambra State governor, said the fact that the Federal Government went ahead with the jet deal despite outcry and horrifying economic hardship shows the insensitivity of the President Bola Tinubu administration.
