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The article explores the legal battle between Zhongshan Fucheng Industrial Investment Co. Ltd and the Federal Republic of Nigeria arising from a joint venture between Zhongshan and the Ogun State Government that led to a $70 million arbitral award and has culminated in the recent seizure of three presidential jets belonging to the Federal Republic of Nigeria.

TEMPLARS Partner, Adewale Atake, SAN, and Senior Associate, Orji Uka, highlight the complexities of enforcing arbitral awards under international law, focusing on the New York Convention. They explain how Zhongshan utilized asset tracing and court proceedings to secure enforcement against Nigerian assets abroad, while also noting procedural delays that have weakened Nigeria’s efforts to resist the enforcement.

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