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.

May 19, 2024

Insecurity, high energy costs shutting down manufacturing firms - MAN

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has raised concerns that…
May 19, 2024

‘Nothing to it’: FG, Presidency dismiss Atiku, Obi’s proposed alliance against Tinubu in 2027 runs

The Federal Government has dismissed the proposed alliance between former Vice President Atiku Abubakar and…
May 14, 2024

These 3 phrases make you sound smarter and more emotionally intelligent, experts say

Sounding smart and emotionally intelligent isn't just about the idea you're trying to convey. How…
May 18, 2024

People are revealing the wild rumours that went around about ‘that one teacher’ in their…

Almost everyone can recall "that one teacher" from their school days who was involved in…
May 15, 2024

Bandits attack 50 communities in Zamfara, kill 49

Bello Hassan, a member of the House of Representatives representing Zurmi/Shinkafi Federal Constituency, reported on…
May 19, 2024

What to know after Day 815 of Russia-Ukraine war

WESTERN PERSPECTIVE Ukraine struggles to hold eastern front as Russians advance on cities For Ukrainian…
May 19, 2024

Scientists develop device that can detect when someone is sarcastic

Experts have developed a device that can detect when someone is sarcastic It works by…
April 30, 2024

Finidi George is new Head Coach for Super Eagles

Former Nigerian winger Finidi George has been appointed as the head coach of the national…

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.