
Nigerian President awards Lagos Ports renovation project to billionaire linked to Sani Abacha
Gilbert Chagoury has been a major force in Nigeria’s business world for decades.
Gilbert Chagoury has been a major force in Nigeria’s business world for decades.
With the construction of this highway, Nigeria is poised to unlock vast economic potential, foster unity, and build a legacy of prosperity for future generations.
The decision, made during a recent FEC meeting presided over by Nigerian President Bola Tinubu, follows the announcement by Minister of Works David Umahi five months ago.
Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.
Chagoury’s success has not been without controversy.
Gilbert holds a prominent position in Nigeria’s business landscape, and his philanthropic contributions have earned him respect and recognition.
In 2000, a Swiss court reportedly convicted Chagoury of laundering funds looted by Nigeria’s late military leader Sani Abacha.
He is accused of lying to authorities during an investigation into Chagoury’s illegal campaign contributions.
Lebanese-Nigerian tycoon Gilbert Chagoury recently entered a deferred prosecution agreement with the U.S. Department of Justice.