FAST DOWNLOAD
Coastal highway project: Seyi Tinubu has right to pursue business interests, Presidency tells Atiku
The Presidency on Monday said the ongoing demolition of buildings to pave the way for the Lagos-Calabar highway will not deter foreign investments into Nigeria.
It also said the president’s son, Seyi Tinubu, a board member of Ogun state-based tile and sanitary ware manufacturer, CDK Industries Ltd, poses no conflict of interest to the project.
The Presidency was responding to comments by the flagbearer of the Peoples Democratic Party in the 2023 elections, Atiku Abubakar, who alleged that the Coastal Highway project is being expedited solely due to the business ties between President Bola Tinubu and Gilbert Chagoury, the owner of the highway contractor, Hitech Construction Company.
In a statement signed by Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, the Presidency said, “We found it strange that Alhaji Atiku could accuse President Tinubu of conflict of interest in the award of Lagos-Calabar Coastal highway to Hitech Construction Company which he claimed is owned by Chagoury family because the President’s son, Seyi Tinubu, sits on the board of CDK, a tiles manufacturing company, based in Sagamu, Ogun State.”
