What do you believe is the single most important factor driving up the cost of living in Nigeria?

This came on the heels of an ongoing battle between the Federal Government, Ogun State Government and a Chinese firm, Zhongfu International Investment FXE, over a controversial contract terminated by the state.

Displeased by the state action, the company approached the French court which initially grounded three presidential jets. Later, it released one at the request of President Bola Tinubu.

Since the judgement, both the state and federal governments have been exploring both diplomatic and legal means to overturn the judgement.

In Amosun’s statement over the weekend, the immediate past governor said his administration terminated the management rights of Zhongfu based on the request of the Chinese Government and advice from the Department of State Services, and the Nigeria Export Processing Zones Authority.

Amsoun further stated that shortly after his administration assumed office, two Chinese companies, Messrs China Africa Investment FXE and Zhongfu International Investment FXE laid claims to the management rights over Ogun Free Trade Zone.

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