The presidential candidate of the Peoples Democratic Party in the last election Atiku Abubakar said having President Bola Tinubu's son on the board of companies owned by Gilbert Chagoury constitutes a conflict of interest to the present administration.
The former vice president disclosed that Tinubu's son, Seyi, is a director on the board of CDK Integrated Industries, a subsidiary of the Chagoury Group, which manufactures ceramic tiles and sanitary towels. The PDP chieftain also noted that the recent demolition of tourist and recreational facilities and other properties including parts of landmark to pave way for the Lagos - Calabar Coastal highway will negatively impact on Foreign Direct Investment to the country.
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.
Source: News Formal (newsformal.com)
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