The presidency has fired back at the Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, Atiku Abubakar, accusing him of hypocrisy and bad politics over his claims of conflict of interest against President Bola Tinubu.
Abubakar, a former vice president of Nigeria, in his latest verbal attack on President Tinubu, the administration, and the Lagos-Calabar Coastal Highway, introduced a new twist on Sunday in a statement issued by his media aid, Paul Ibe, alleged that the President is faced with the conflict of interests in the execution of the mega project.
According to Atiku, the project is being expedited in consideration of the interest of the presumed owner of Hightech Construction Company, Gilbert Chagoury, whom he claimed to be a business partner of President Tinubu.
Atiku had alleged that Tinubu’s son, Seyi, sitting on the board of CDK, a tiles manufacturing company, posed a conflict of interest in the award of the Lagos-Calabar Coastal highway to Hitech Construction Company, which he claimed is owned by the Chagoury family.
However, reacting to Atiku’s claims in a statement issued by Special Adviser to the President on Information and Strategy, Bayo Onanuga, the presidency described Atiku’s accusation as “amusing” and “strange,” given his history of breaching public service regulations and abusing his office for personal gain.
The statement pointed out that Atiku had formed Intels Nigeria with an Italian businessman while serving in the Nigeria Customs Service and maintained his business links with the company while Vice President, winning major port concession deals.
Presidency emphasised that Seyi Tinubu, a 38-year-old adult, has the right to pursue legitimate business interests within the limits of the law, regardless of his father’s position as President, clarifying further that Seyi joined the CDK board in 2018, representing the interest of an investor company, and is not a board member due to his father’s friendship with the Chagourys.
“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.
“Nigerians should, by now, be well accustomed to Atiku’s hypocrisy on many national issues. Is it not amusing that the former Vice President, a man who openly said he formed Intels Nigeria with an Italian businessman when he was serving in the Nigeria Customs Service, a clear breach of extant public service regulations, is now the one accusing someone else of conflict of interest?
“When he was Vice President of Nigeria between 1999-2007, he maintained his business links with Intels that won major port concession deals.
“Was this not an abuse of office, a flagrant violation of his oath, that a company where he was a co-owner won major government contracts and concessions when he was vice president?
“As chairman of the national council on privatisation, he approved sales of over 145 State-owned enterprises to his known friends and associates and openly said during his failed campaign for the presidency last year that he would do the same if elected.
“It is important to state clearly that Seyi Tinubu is a 38-year-old adult who 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.
“The Tinubu administration targets a $1 trillion economy in the next few years, with audacious economic programmes and critical infrastructure projects in key sectors. With revenue rising in trillions and the creation of the Renewed Hope Infrastructure Fund, which is poised to raise over N20 trillion this year alone, we have no doubt that the $ 1 trillion economy is realisable”, it said.
