Lagos-Calabar Coastal Highway: Presidency Confirms Seyi Tinubu’s Link With Contractor

Presidency has confirmed link of Seyi Tinubu, the son of President Bola Tinubu with Hitech Construction Company awarded construction of Lagos-Calabar coastal highway by the Federal Government.

The Special Adviser Information and Strategy to the President, Bayo Onanuga gave the confirmation while reacting to allegation of former Vice President Atiku Abubakar over his claim of conflict of interest in the Lagos-Calabar coastal highway.

Atiku, in a statement on Sunday, claimed that the road project was awarded to Hitech Construction Company because the owner of the firm, Gilbert Chagoury, had business ties with President Bola Tinubu.

The ex-VP also alleged that Tinubu’s son, Seyi, sits on the board of a company owned by Chagoury.

Atiku also faulted the massive demolition of buildings to pave the way for the highway, saying it had the potential to discourage foreign investors.

The Presidency, therefore, stated that Seyi Tinubu, a 38-year-old adult who joined the Board of CDK in 2018, has a right to do business and pursue his business interests in Nigeria and anywhere in the world within the limits of the law.

“The fact that his father is now the President of Nigeria does not disqualify Seyi from pursuing legitimate business interests,” it asserted, stating that “the Chagourys are minority shareholders in the company, and only one member of the clan is on its five-man board.”

“We wonder how Seyi’s membership of the board of CDK conflicts with Hitech Construction Company’s work on the Lagos-Calabar Coastal superhighway.”