Monday, 06 May 2024 04:57

Atiku: Having Seyi Tinubu on the boards of companies belonging to Chagoury shows that Lagos-Calabar highway contract is personal project of the president

Rate this item
(0 votes)

Atiku Abubakar, the People's Democratic Party (PDP) presidential candidate for 2023, has voiced strong criticism against the handling of the Lagos-Calabar Highway project, alleging personal interests overshadowing national priorities.

In a statement released by his media adviser, Paul Ibe, Atiku condemned the lack of proper notification regarding the demolition of properties in the Oniru corridor, including parts of Lagos State's landmarks, for the construction of the Coastal Highway.

Atiku pointed fingers at President Bola Tinubu and Gilbert Chagoury, owner of Hitech, the project contractor, suggesting their close ties as the driving force behind the project's hastened progress. He raised concerns over procurement violations and conflicts of interest, notably Tinubu's son's involvement on boards of companies linked to Chagoury.

The former Vice President noted that “Tinubu’s son, Seyi, is a director on the board of CDK Integrated Industries, a subsidiary of the Chagoury Group, which manufactures ceramic tiles and sanitary wares.”

Says Atiku: “To add insult to injury, this project that is being done more than $13bn was awarded without competitive bidding. From all indications, the so-called Badagry-Sokoto highway would be awarded similarly at an enormous cost to taxpayers purely because Tinubu has put his interest ahead of the Nigerian people.”

Atiku emphasized that the rushed execution of the project, without competitive bidding and amidst Nigeria's economic crisis, raises red flags. He lamented the disregard for local businesses and proper planning, attributing it to Tinubu's prioritization of personal interests over national welfare. Atiku highlighted discrepancies in project coordination, environmental impact assessment, and funding, accusing the Tinubu administration of bypassing legislative approval. He warned of adverse effects on investor confidence and the nation's economic standing if such practices persist unchecked.

July 26, 2024

CBN still hasn’t settled all FX backlog contrary to claims, local businesses insist

Nigerian corporates and SMEs have decried the non-settlement of Foreign Exchange (FX) forwards by the…
July 24, 2024

Amnesty International to FG: Nigerians have a right to protest

Amnesty International has urged President Bola Tinubu's administration to avoid threatening Nigerians who plan to…
July 27, 2024

Normal practices and routines from the past that have Gen Z'ers confused and perplexed

I am not that old, but one time, I was telling my younger cousins about…
July 27, 2024

World’s largest cashew tree covers an area of 8,400 square meters

The Pirangi Cashew Tree in Brazil’s Rio Grande do Norte is considered the world’s largest…
July 27, 2024

At least seven soldiers killed by landmine in Borno

At least seven Nigerian soldiers were killed after a mine exploded on a highway in…
July 27, 2024

Here’s the latest as Israel-Hamas war enters Day 295

Netanyahu meets with Trump at Mar-a-Lago, offering measured optimism on a Gaza cease-fire Israeli Prime…
June 19, 2024

Chips maker Nvidia rises to world’s most valuable company

Nvidia has become the world’s most valuable company following a staggering rally in its shares,…
June 18, 2024

Amusan secures fourth straight national title in 100m hurdles

Tobi Amusan has claimed her fourth consecutive national title in the women’s 100 metres hurdles…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.