Presidency defends Seyi Tinubu's business rights amid allegations by Atiku Abubakar regarding the Lagos-Calabar coastal road contract. Nigerians react to the controversy, questioning transparency and potential conflicts of interest.
The Presidency has responded to allegations made by former Vice President Atiku Abubakar regarding the award of the contract for the Lagos-Calabar coastal road to Hitech Construction Company Ltd.
Atiku raised concerns about a conflict of interest due to Seyi Tinubu, the son of President Bola Tinubu, serving as a director on the board of CDK Integrated Industries, a subsidiary of the Chagoury Group, which owns Hitech. However, the Presidency, through Special Adviser Bayo Onanuga, dismissed Atiku's claims, stating that Seyi Tinubu has the right to pursue legitimate business interests within the bounds of the law.
Onanuga criticized Atiku's alleged hypocrisy, highlighting Atiku's business dealings during his tenure as Vice President, including maintaining links with Intels Nigeria, a company he co-founded, which secured major port concession deals.
The statement emphasized that Seyi Tinubu's involvement with CDK dates back to 2018 and is unrelated to his father's position as President. Additionally, the Presidency clarified that CDK's chairman and majority shareholder is General TY Danjuma (rtd), not the Chagoury family, who are minority shareholders.
The statement questioned the basis of Atiku's accusations and emphasized Seyi tinubu's right to engage in lawful business activities
