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…
Read MoreTinubu transfers Snake Island port terminal to Chagoury for 45yrs
