Tag: Chagoury

Tinubu transfers Snake Island port terminal to Chagoury for 45yrs

Aminu Imam
Tinubu transfers port to Chagoury

Eko Hotel owner and President Bola Tinubu’s longtime ally, Gilbert Chagoury, has got  another multimillion-dollar deal in Nigeria through his ITB construction company, which has been contracted to build the Snake Island Port container terminal in Lagos State. To decongest overloaded terminals in Lagos, the Nigerian maritime company, Nigerdock awarded the development of a new shipping terminal to Swiss shipping giant MSC Group, via a $1 billion concession agreement spanning 45 years. While MSC Group will operate the terminal for the duration of the concession, ITB Construction Nigeria Limited and…

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President Tinubu confers GCON title on Amb. Gilbert Chagoury

Aminu Imam
Tinubu confers title on Chagoury

President Bola Tinubu has conferred the renowned entrepreneur and philanthropist Sir Gilbert Chagoury with the honourary title of Grand Commander of the Order of the Niger, (GCON). This development was confirmed yesterday, in a congratulations message and the ‘Instrument of Conferment of National Honour’ certificate posted on X by billionaire  Femi Otedola. According to the statement, Otedola congratulated Chagoury, describing the honour as a well-deserved feat, citing his visionary and impactful leadership and landmark jobs across the country. The statement reads, “Congratulations to my role model, dear friend and mentor,…

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Outrage, as Presidency confirms awarding N15tr contract to Chagoury-Seyi Tinubu’s firm

Aminu Imam
Chagoury Seyi

The unfolding allegation that President Bola Tinubu awarded the Lagos-Calabar Coastal highway project contract to Gilbert Chagoury’s company, in which hus son, Seyi sits on its Board, has sparked critical reactions online. In a recently posted statement, opposition leader Atiku Abubakar berated the Tinubu-led administration, accusing it of inflating the Lagos-Calabar coastal road project to favour his son and his ally, Chagoury. The Presidency, reacting to Abubakar’s criticisms on Monday, claimed the President’s son’s involvement with Chagoury’s firm is immaterial, condemning Atiku for complaining about the deal. A statement issued…

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