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Tinubu Hurriedly Awarded Lagos-Calabar Coastal Road Contract To Chagoury Group Because His Son, Seyi Is On Its Board –Atiku

Posted by Thandiubani on Mon 06th May, 2024 -

Atiku said the Lagos-Calabar Coastal Highway contract was granted in violation of procurement regulations.

Atiku Abubakar has made an accusation against President Bola Tinubu.
The 2023 Peoples Democratic Party, PDP, presidential candidate on Sunday said the Nigerian Government was “solely expediting action on the Lagos-Calabar Coastal Highway due to the business ties between President Bola Tinubu and Gilbert Chagoury, the owner of Hitech.”
Chagoury is the contractor responsible for the highway project.
Atiku said the Lagos-Calabar Coastal Highway contract was granted in violation of procurement regulations.
In a statement signed by his Media Aide, Paul Ibe, Atiku disclosed that the involvement of Tinubu’s son and his associates on the boards of companies belonging to Chagoury presents a clear conflict of interest.
Atiku also claimed that Tinubu’s son, Seyi, is a director on the board of CDK Integrated Industries.
The former Vice President said instead of “enhancing the ease of doing business, the Tinubu government had allegedly demonstrated to the global community that his business endeavours and those of his family would consistently take precedence over national interests.”
Atiku claimed that the project being done with more than $13 billion was awarded without competitive bidding.
Atiku also claimed that the “so-called’ Badagry-Sokoto highway would be awarded similarly at an enormous cost to taxpayers purely because Tinubu had put his interest ahead of the Nigerian people.
Atiku said the demolition of tourist and recreational facilities and other properties within the Oniru corridor, including parts of Landmark, without ample notice, “is one of the reasons foreign direct investments continue to elude the country.”
He added that in more orderly environments, “establishments like Landmark would have been provided with a minimum of two years’ notice to facilitate proper planning.”

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