Approval for a $750 million downpayment from the Treasury to Tinubu's business partner Gilbert Chagoury on a no-bid $13bn highway contract across the country is backed by the Assembly while a specialist sub-committee goes the motions of scrutiny...
DISPATCHES
Kida was earlier bidding for the Managing Director post at NNPC helped by the lobbying efforts of his business partner the Franco-Lebanese billionaire Gilbert Chagoury the financial advisor to military ruler General Sani Abacha and now to President Bola Ahmed Tinubu (AC Vol 65 No 8 Abacha consigliere in storm over $11 billion superhighway linking Lagos and Calabar)...
Insiders say Tinubu will be meeting with his financial advisor Gilbert Chagoury whose Hitech Construction and ITB Nigeria built headquarters and office complexes for TotalEnergies in Port Harcourt as well as winning multiple civil engineering dredging and oil service contracts...
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Vol 65 No 25 |
- FRANCE
- AFRICA
Lebanese billionaire Gilbert Chagoury consigliere to General Sani Abacha and now business associate of Tinubu's secured a prime seat at the table much to the unease of some of the attendees (AC Vol 65 No 8 Abacha consigliere in storm over $11 billion superhighway linking Lagos and Calabar)...
The project is controversial because the contract was awarded without competitive bidding to Gilbert Chagoury the Lebanese billionaire and financial advisor to junta leader General Sani Abacha...
The fact that several of Abacha's allies Budget Minister Atiku Bagudu and billionaire contractor Gilbert Chagoury are now close to Tinubu tells its own story say the activists...
Over $15m was spent on a new mansion for the Vice President Kashim Shettima while Abacha's consigliere and now Tinubu confidant Gilbert Chagoury has been awarded a $13bn contract without any competitive bidding to build a superhighway from Lagos to Calabar (AC Vol 65 No 8 Abacha consigliere in storm over $11 billion superhighway linking Lagos and Calabar)...
The award of a no-bid $13 billion contract for a coastal road – on which the National Assembly approved payments of $700m upfront – to Hitech construction owned by close Tinubu associate Gilbert Chagoury and family is seen as particularly provocative by activists (AC Vol 65 No 8 Abacha consigliere in storm over $11 billion superhighway linking Lagos and Calabar)...
Last year he awarded the $13 billion Lagos-Calabar Coastal Highway contract to Gilbert Chagoury's Hitech without competitive bidding but on the express orders of the President (AC Vol 65 No 8 Abacha consigliere in storm over $11 billion superhighway linking Lagos and Calabar)...
The international rehabilitation of billionaire businessman Gilbert Chagoury had seemed complete...
' TINUBU'S FRENCH CONNECTION President Bola Ahmed Tinubu's relationship with Gilbert Chagoury started on a chilly note after the demise of General Sani Abacha in June 1998...
HOW CHAGOURY RETURNED TO PRIME TIME IN ABUJA For much of the past decade billionaire businessman Gilbert Chagoury kept a low profile in Nigeria...
DISPATCHES
Businessman and co-investor in the Eko Atlantic project Gilbert Chagoury a financial advisor to military leader General Sani Abacha and his family was seated next to Tinubu's son Seyi at the inauguration...
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Abacha's 'financial advisor' Gilbert Chagoury a billionaire Franco-Lebanese businessman followed a similar trajectory to re-emerge as a leading player on the Lagos corporate scene and also as a close ally of Tinubu's...