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How Tinubu Quickly Awarded Lagos-Calabar Coastal Road Contract To Chagoury Group Because His Son Is On Its Board –Atiku Alleges
By Kayode Sanni-Arewa
Ex- Vice-President Atiku Abubakar, on Sunday, said that the reason President Bola Tinubu quickly awarded the Lagos-Calabar coastal highway project to Chagoury Group is because of his son, Seyi’s interest in the company.
According to a statement issued by his Media Adviser, Paul Ibe, Atiku insisted that Seyi was on the board of CDK Integrated Industries, a subsidiary of the Chagoury Group, owned by one of the president’s business allies, Gilbert Chagoury.
Atiku described it as a conflict of interest and a breach of the procurement laws of the country.
He, therefore, advised Tinubu to focus more on attracting real investors than adopting propaganda as a state policy.
Referring to a Paris-based Africa Intelligence News Agency that revealed by the Corporate Affairs Commission that Seyi was officially a business associate of Chagoury, Atiku said it was not surprising that the Chagoury Group had become the biggest beneficiary of the Tinubu largesse.
Atiku said, “Thanks to quality reporting by Africa Intelligence, our suspicions have been confirmed that Chagoury and Tinubu are indeed business partners and it has been formalised with Seyi on the board of one of Chagoury’s firms.”
He said, “It is on record that this project is the most expensive single project ever embarked upon by the Nigerian government. The fact that it is happening at a time Nigeria is facing its worst economic crisis ever is a red flag.
“To add insult to injury, this project that is being done in excess of $13bn was awarded without a competitive bidding. From all indications, the so-called Badagry-Sokoto highway would be awarded in a similar fashion at an enormous cost to taxpayers purely because Tinubu has put his personal interest ahead of the Nigerian people.”
Atiku stated that the demolition of tourist and recreational facilities, as well as other assets along the Oniru corridor, without adequate notice, is one of the reasons why foreign direct investment has continued to evade the country.
He said that rather than boosting the ease of doing business, the Tinubu administration demonstrated to the world that his interests and those of his family would always take precedence over national interests.
His statement continued: “Tinubu has been globetrotting in search of foreign direct investments. He claims to have secured over $30 billion from various companies, but none has been forthcoming.
“Rather, all manufacturing firms have been posting heavy losses while some are exiting due to his poorly implemented exchange rate unification policy with even Aliko Dangote describing it as a huge mess at the recent annual general meeting of Dangote Sugar Refinery.
“The IMF in its latest report stated that Nigeria will by the end of the year become the 4th largest economy in Africa behind South Africa, Egypt and Algeria, a disgraceful development for a nation which was the largest in Africa by a mile when the PDP left the stage in 2015.
“Investors are seeing how local businesses are being treated and will not come to a place where their investments will not be protected. In saner climes, businesses such as Landmark would have been given at least two years’ notice in order for effective planning. But Tinubu’s eagerness to satisfy his business partners impaired his ability to coordinate the project properly.
“The awarding of the Lagos-Calabar coastal highway was rushed; the environmental impact assessment report was not even completed; the right of way for the 700 km stretch of the highway project was not secured; it was converted from a PPP to a government funded project within the twinkle of an eye.
“The N500m that was approved by the National Assembly for the project was ignored, while over N1tn was released by Tinubu’s administration without approval from the National Assembly.”
“From falsely claiming to have removed subsidies to secretly paying billions monthly based on the revelation of Nasir el-Rufai, the Tinubu administration has shown a lack of coordination and transparency, failing to even explain to Nigerians why there is petrol scarcity across the country,” the former PDP presidential candidate added.
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Shettima becomes 1st VP to lead Nigeria’s delegation to UN Assembly in 25 yrs
President Bola Ahmed Tinubu has decided not to attend the 79th United Nations General Assembly (UNGA) session in New York this year.
The president has thus directed Vice President Kashim Shettima to lead Nigeria’s delegation.
President Tinubu, who returned to the country last Sunday after his trip to China and the United Kingdom, according to a statement yesterday by his spokesman, Bayo Onanuga, wants to focus on domestic issues and address some of the country’s challenges, especially after the recent devastating flooding.
“At UNGA 79, Vice President Shettima will deliver Nigeria’s national statement to the General Assembly, attend important sideline events, and hold bilateral meetings.”
“The high-level General Debate, with the theme ‘Leaving no one behind: Acting together for the advancement of peace, sustainable development and human dignity for present and future generations,’ will run from Tuesday, September 24, through Saturday, September 28, 2024,” the statement added.
Since return to democratic governance in 199, Shettima will be the first Vice President to Nigeria’s delegation to UNGA.
Only Goodluck Jonathan represented Nigeria as Acting president in September 2010 at the 65th UNGA, while late President Umaru Musa Yar’adua was away in Saudi Arabia due to his ill health.
News
Plateau Assembly approves N5.8bn for LG election
The Plateau State House of Assembly, on Thursday, approved N5.8bn for the conduct of the local government election in the state slated for October 9, 2024.
The approval by the House followed a communication from Governor Caleb Mutfwang, which was read at plenary by the Assembly Speaker, Gabriel Dewan.
The Speaker stated that the request was necessary as there was no budgetary allocation for the LG elections in the 2024 budget.
A member of the State Assembly, who declined to be named because he was not authorised to speak for the Assembly, confirmed the development to The PUNCH in Jos on Thursday.
The lawmaker said, “Governor Mutfwang, at Tuesday’s plenary, sought the House’s approval for N5.7bn as the 2024 supplementary, which was increased after upward review by the legislators.”
He continued, “The House leader, Joseph Bukar, presented the bill during our plenary. While soliciting the support of members for speedy passage, he said PLASIEC was running out of time in preparation for the election.”
“In their individual contributions, Hon. Kalamu Dal suggested a downward review of the budget size, while Hon. Daniel Nanbol urged for a critical review and deliberations. Afterwards, members approved a revised sum of N5.8bn, as opposed to the N5.7bn requested.”
The increase, as explained by Bukar, was due to an increase in security allocation for the election, from N2.7m to N4.2m. “So, that is what happened, and that is where we are at the moment regarding the forthcoming LG election,” the lawmaker concluded.
News
Enugu, Kwara tighten security ahead of LG polls
Security measures have been intensified in Enugu and Kwara states ahead of their Local Government elections scheduled for Saturday, September 21, 2024.
In Enugu State, the Police Command has pledged to ensure the safety of lives and properties during the elections.
However, the peace accord signing for the elections was marred by the absence of major parties like the Peoples Democratic Party, All Progressives Congress, and Labour Party.
Only representatives from the All Progressives Grand Alliance and Accord attended but chose not to sign the accord, citing the lack of participation from the leading parties.
Enugu State Commissioner of Police, Kanayo Uzuegbu, said all wards and flashpoints had been identified, and security personnel would be on high alert to prevent any disruptions.
The Chairman of the Enugu State Independent Electoral Commission, Prof. Chris Ngwu, said the commission was fully prepared for the elections with the support of the state government in procuring necessary materials.
In Kwara State, security agencies have been actively coordinating to ensure a smooth electoral process.
Over 3,000 personnel from the Nigeria Security and Civil Defence Corps have been deployed across the state.
The Kwara State Independent Electoral Commission has completed arrangements for a trouble-free election.
Kwara State Police Public Relations Officer, Toun Ejire-Adeyemi, reported that a strategic meeting with heads of various security agencies, including the Nigerian Army, Navy, Air Force, and others, had been held to ensure coordinated efforts for maintaining law and order.
The Commissioner of Police, Victor Olaiya, guaranteed maximum security for the election period.
The NSCDC Commandant, Dr. Umar Mohammed, announced the deployment of 3,000 personnel to various polling units and emphasised their role in preventing violence, ballot snatching, and other disruptions.
Meanwhile, the Chairman of the Benue State Independent Electoral Commission, Telumun Tombowua, announced on Thursday that eight political parties will participate in the upcoming LG elections in the state, scheduled for October 5, 2024.
Addressing journalists in Makurdi, Tombowua said the election would be conducted fairly and transparently.
He emphasised that the law establishing the BSIEC does not permit the use of Bimodal Voter Accreditation Machines for this election.
Regarding the APC, Tombowua confirmed that the National Working Committee of the party had requested the commission to work with the seven-man caretaker committee appointed to oversee party affairs in the state.
He noted that while 14 parties had initially shown interest, only eight completed the necessary processes and submitted their candidates.
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