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Again!!! Chinese Investors Snatches Another Nigerian Luxury Jet Worth $57 Million.

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Chinese Investors Snatches Another Nigerian Luxury Jet Worth $57 Million
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Peoples Gazette was told that a Chinese company, during a confiscation blitz of Nigerian assets, has completed repossession of a luxury jet owned by the West African country in Canada.

The Gazette heard from reliable sources that Zhongshang Fucheng Industrial Investment Ltd recently got paperwork from Canadian authorities in Montreal allowing them to take custody of the Bombardier 6000 type BD-700-1A10 aircraft. This comes months after a Canadian court gave Zhongchang the power to bring the jet from Nigeria.

A person who knows Zhongshang’s actions spoke about the case anonymously and said, “The court gave orders for Zhongshang to seize the plane earlier this year, but the change of custody from Nigeria to Zhongshang was only recently completed.” “Zhongshang won’t stop taking Nigeria’s property worldwide until all the arbitration awards have been paid.”

Nigeria’s attempts to keep ownership of the plane were thrown out by Judge David Collier of the Superior Court of Quebec on March 21, 2024. Records showed that fugitive Dan Etete bought the aircraft for $57 million as part of a spending spree soon after getting over $350 million from the shady sale of the OPL 245 oil field in 2010.

Nigeria first took the plane from Mr. Etete in 2016 and trapped it in Dubai. Its tail number is M-MYNA, and its serial number is 9471. Flight tracking sites showed that it was then quickly taken to Canada on May 29, 2020. Nigeria quickly got a court order to seize it and kept it at Montreal’s primary airport. A Canadian company called Tibit tried to claim ownership, but Canadian judges let Nigeria keep control of the plane.

In 2023, Zhongshang tried to take back the jet, which had room for 19 people, while also enforcing its court decisions against Nigeria worth more than $70 million.

Judge Collier said that Nigeria did not challenge Zhongshang’s seizure of the plane and that the country’s claim that it could not reply to the lawsuit for nine months because of the general elections in February and March 2023 was not valid and unacceptable.

In the same way that the arbitration panel and courts in the U.K. did, the judge also turned down Nigeria’s claim of national immunity. An appellate court in the United States also recently decided that Nigeria cannot claim sovereign immunity from Zhongshang’s recovery of its arbitration ruling.

With the Bombardier luxury aircraft now in its possession, Zhongshang has successfully seized Nigeria’s assets in the UK, France, and Canada. The country’s guest houses, presidential jets, and the Etete jet have been confiscated, respectively—potentially more seizures are expected in Belgium and the U.S. in the coming weeks.

Although Nigeria has lost all its cases against Chinese investors in at least five countries, it has nonetheless maintained no wrongdoing in the lawsuits, which came from a botched free trade zone contract in Ogun State.

Nigeria and Ogun State have revealed ongoing attempts to settle the issue with Zhongshang, although movement has yet to be recorded since the parties first met in London from September 27-29, 2023. A spokesperson for President Bola Tinubu did not quickly return a request seeking views on the new development.

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President Tinubu Confers National Honours on 50 Pro-Democracy Figures

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President Tinubu honoured 50 Nigerians on Democracy Day 2026, including Dasuki, Joe Igbokwe and Dele Alake. See the full list and what it means.

On 12 June 2026, President Bola Tinubu conferred national honours on 50 Nigerians described as key figures in the country’s pro-democracy struggle.

The announcement was made during the 2026 Democracy Day address, which commemorates the annulled 12 June 1993 presidential election. Honourees include journalists, civil rights activists, and military officers.

President Bola Tinubu conferred national honours on 50 prominent Nigerians on Friday, 12 June 2026. The honourees were recognised as central participants in the nation’s pro-democracy movement, a campaign that opposed military dictatorship throughout the 1990s.

The announcement formed part of the president’s nationwide 2026 Democracy Day address. Democracy Day marks the anniversary of the 12 June 1993 presidential election, a poll widely regarded as the freest in Nigerian history before its annulment by the military government of the period.

READ ALSO: Why I Refused To Align Any Political Party In Nigeria—Yakubu Gowon

This article outlines the context of the awards, identifies the categories of honourees, names notable recipients such as Sambo Dasuki, Joe Igbokwe, and Oladele Alake, and explains the next steps in the conferment process.

Why did Tinubu confer the national honours on 12 June 2026?

The conferment is tied directly to Democracy Day, an annual observance commemorating the 12 June 1993 presidential election. President Tinubu used the occasion to recognise individuals identified as central figures in Nigeria’s transition from military rule to civilian democracy.

In his address, the president stated that the honourees suffered persecution in the course of the pro-democracy struggle. He noted that many endured indignities, exile, incarceration, and, at times, solitary confinement so that Nigeria could enjoy democratic governance today.

The recognition therefore functions as both a historical acknowledgement and a formal state honour, linking the sacrifices of the 1990s to the present democratic order.

Who are the notable recipients of the national honours?

The honours list comprises several categories of recipients, including journalists, civil rights leaders, legal practitioners, and senior military officers. Among the most widely recognised names are the following:

  • Oladele Alake, a long-standing public figure in Nigerian governance and media.
  • Joe Igbokwe, a prominent political activist and commentator.
  • Colonel Sambo Dasuki, a senior military officer included in the soldier-democrats category.
  • Dr Joe Okei-Odumakin, a recognised civil rights campaigner.
  • Dr Arthur Nwankwo (posthumous), honoured for his role in the democratic struggle.
  • Ben Charles-Obi (posthumous), recognised among the journalists and activists.

The inclusion of posthumous awards reflects the state’s intention to acknowledge contributors who did not survive to witness the present democratic dispensation.

What categories of honourees were recognised?

The honours list is organised into two broad groupings. The first comprises journalists, lawyers, academics, and civil rights leaders. The second comprises military officers designated as “soldier-democrats”.

Journalists, lawyers, and civil rights leaders

This grouping recognises individuals who advanced the pro-democracy cause through media, advocacy, and legal channels. Named recipients include:

  • Barrister Ayoka Lawani
  • Tunde Fagbenle
  • Oladele Alake
  • Olatunji Bello
  • Louis Odion
  • Segun Babatope
  • Sam Omatseye
  • Sir Ademola Osinubi
  • Bola Bolawole
  • Lade Bonuola
  • Femi Kusa
  • Debo Adeniran
  • Chief Ayo Opadokun
  • Chief Ralph Obiora
  • Ose Osayande
  • Barrister Osa Director
  • Professor Sylvester Odion-Akhaine
  • Dr Arthur Nwankwo (posthumous)
  • Dr Osagie Obayuwana
  • Dr Joe Okei-Odumakin
  • Barrister Titus Mann
  • Joe Igbokwe
  • Richard Akinnola
  • Ben Charles-Obi (posthumous)
  • George Mbah
  • Dr Niran Malaolu
  • Major-General Ishola Williams (retired)
  • Femi Aborisade
  • Jenkins Alumona
  • Gbemiga Ogunleye
  • Muyiwa Adekeye
  • Babajide Kolade-Otitoju
  • Ike Okonta

Soldier-democrats

This grouping recognises military officers associated with resistance to military dictatorship. Named recipients include:

  • Major-General M. A. Garba
  • Brigadier-General Lawal Jaafaru Isa
  • Colonel Umar Farouk Ahmed
  • Colonel Sambo Dasuki
  • Colonel Lawan Gwadabe
  • Brigadier Jonathan Ndam Temlong
  • Colonel Musa Shehu
  • Major-General Chris Eze
  • Major-General Harris Dzarma
  • Colonel Isa Jibrin
  • Major-General Joseph Oshanupin
  • Colonel Olusegun Oloruntoba, Olugbede of Gbede Kingdom
  • Lieutenant-Colonel Happy Kefas Bulus
  • Colonel J. Okai
  • Colonel Emmanuel Ndubueze
  • Lieutenant-Colonel Yakubu Muazu
  • Brigadier Yahaya Abubakar, the current Etsu Nupe and existing holder of the CFR title

When will the awards be formally presented?

The president stated that the formal presentation and conferment of the awards will be carried out in the coming days. According to the address, the full honours list will be released within the next few days.

The announcement therefore represents the declaration stage of the process rather than the formal investiture, which is scheduled to follow.

What does this conferment signify for Nigeria?

The 2026 Democracy Day honours connect the historical pro-democracy struggle to contemporary national recognition. By including journalists, activists, lawyers, and military officers, the awards acknowledge a broad spectrum of contributors to Nigeria’s civilian transition.

The presence of posthumous awards further underlines the state’s intention to honour participants across generations, including those who did not live to see the present democratic order.

Frequently asked questions

How many Nigerians received national honours on Democracy Day 2026?
President Bola Tinubu conferred national honours on 50 Nigerians during the 2026 Democracy Day address on 12 June 2026.

Why is 12 June significant in Nigeria?
12 June marks the anniversary of the 1993 presidential election, which was annulled by the military government of the time. The date is now observed as Nigeria’s Democracy Day.

Who are the most notable recipients of the 2026 national honours?
Notable recipients include Oladele Alake, Joe Igbokwe, Colonel Sambo Dasuki, and Dr Joe Okei-Odumakin, alongside posthumous honourees such as Dr Arthur Nwankwo and Ben Charles-Obi.

Were any awards conferred posthumously?
Yes. Posthumous honours were conferred on Dr Arthur Nwankwo and Ben Charles-Obi in recognition of their contributions to the pro-democracy struggle.

When will the national honours be formally presented?
President Tinubu stated that the formal presentation and conferment will take place in the coming days, with the full honours list to be released shortly after the announcement.

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Dating A Short Man Feels Like I Am Dating My Son— Diminutive Ghanaian Woman (Video)

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A short-statured Ghanaian woman has sparked online debate after making contentious remarks regarding her romantic relationship preferences.

During a recent interview with De God Son TV, the diminutive lady expressed her aversion to dating guys of shorter height despite her diminutive Ghanaian woman. She remarked that short men do not match her “specifications” for relationships.

When questioned about her explanation, she stated that she sees shorter men as resembling infants, even though they are adults.

“I have a 7-year-old son, so dating a short man feels like dating my son,” she explained, finding parallels between her personal and romantic lives.

Watch the video below.

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Davido Trends As His New Rolls Royce And Tesla Cybertruck Land In Nigeria (PHOTOS)

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Once again, Nigerian singer Davido has made headlines for proving his status as a rich man with two luxury cars entering Nigeria: a Rolls-Royce and a Tesla Cybertruck.

The musician posted a picture of the trip on social media, his pure white Rolls Royce parked on the runway, ready for shipment.

https://femotech.com.ng/coming-out-as-hiv-positive-was-harder-than-coming-out-as-gay-gay-rights-activist-bisi-alimi-video/

Another photo depicted the Tesla Cybertruck being loaded into an aircraft to verify the truck’s arrival in Nigeria.

Cubana Chief Priest, another close associate and entrepreneur, also saluted the new cars with an Instagram image. He congratulated Davido on his feats, dubbed him the “GOAT,” and hinted at a festive December with new vehicles added to the singer’s collection.

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