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Atiku Reveals Why Lagos-Calabar Coastal Highway Is Done In Hurry POLITICS

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By Samuel Ogidan On May 5, 2024

Former Vice President, Atiku Abubakar has revealed why Lagos-Calabar Coaster Highway is being done in a hurry by the administration of Bola Ahmed Tinubu.

Recall that criticism has been trailing this administration over this project since it was revealed by this administration.

Atiku, in a statement by his Media Adviser, Paul Ibe, revealed 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.

Citing a report by Paris-based Africa Intelligence News Agency where it was revealed by the Corporate Affairs Commission that Seyi is officially a business associate of Chagoury, the former Vice President said it was not surprising that the Chagoury Group had become the biggest beneficiary of the Tinubu largesse.

Atiku advised Tinubu to focus more on attracting real investors than adopting propaganda as a state policy.

The former Vice President 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 formalized with Seyi on the board of one of Chagoury’s firms.”

Atiku restated that it has become obvious even to the undiscerning that the purely because of the business relationship between Tinubu and Gilbert Chagoury, the owner of Hitech, the contractor that was awarded the contract for the highway project in contravention of the procurement laws.

“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 said.

Atiku further said that the demolition of tourist and recreational facilities and other properties within the Oniru corridor, including parts of Landmark, without ample notice, is one of the reasons foreign direct investments continue to elude the country.

He argued that rather than improving the ease of doing business, the Tinubu administration had shown to the world that his personal business interest and that of his family would always be prioritised over and above national interest.

According to the former Peoples Democratic Party (PDP) presidential candidate, “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 Vice President advised Tinubu and his economic team to do less of propaganda and focus on improving the ease of doing business as this remained the surest path to sustainability.

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How Yakubu Gowon found himself in the Army

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How Yakubu Gowon decided to enter the Army is quite interesting. Encouraged by his British Principal and Vice-Principal to go military, he was nevertheless torn between a career in the Army and competing options as a teacher, engineer, or physician. So he wrote out the options on little pieces of paper placed them inside a Bible and prayed. Then, with his eyes closed, he opened the Bible and picked one at random. It was the Army.

Throughout his military career he would repeatedly approach issues with a r!fle in one hand and a Bible in the other. Years later he would come to be regarded by most as a model of a “kinder, gentler” soldier. Some have nicknamed him “The Preacher”.

In 1954, after passing an entrance examination, he attended several interviews before being sent to the Regular Officers Cadet School at Teshie in Ghana – along with Patrick Anwuna, Alexander Madiebo, Michael Okwechime and Arthur Unegbe. This was followed by a course at Eton Hall in Chester, UK, followed by formal cadet training at the Royal Military Academy, Sandhurst (RMAS). He was a Cadet Sergeant at the RMAS and was commissioned 2/Lt in December 1956. It was at the RMAS that he acquired the nickname “Jack,” the closest sound to “Yakubu” his British instructors could think of.

The above is part of a piece put lol together by Nowa Omoigui, Nigerian military historian and cardiologist.

Gowon later became Head of State and had one of the most troubling dispensation in the history of Nigeria. He was removed from office in 1975 by Murtala Muhammed.

On how he survived immediately after his removal from office, he said in an interview:

“I can say with absolute authority that I may not have anything today, but honestly, at least I have a clear conscience. I thank Idi Amin and (Gnassingbé) Eyadema for the help they gave me to have money to start off with.”

Ethnic African Stories

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FLORA NWAPA

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The Imo State born writer and teacher who is largely referred to as the “mother of African Literature”, was the first African woman to publish a novel in English.

Flora belived that African women were unjustly portrayed (in the books of her male counterparts) as people who were doubly malleable, as people who didn’t have even a vestige voice of their own: people who must, for instance, eat fufu not exactly because they wanted to eat fufu but because men insisted that they eat fufu, people who must live in the shadows of men… So she basically did the opposite of this in her books where she gave women prime places, using her pen to unfold to the whole world, in concrete clarity, what she believed ought to be the generally accepted societal ethos.

She celebrated the strength, tenacity and courage of African women, told their success stories in glittering terms, and sang their praises to the stratosphere.

She was born January 13, 92 years ago in Oguta – Imo State, and passed away on October 13, 1993, after enduring a server bout of pneumonia.

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Olorogun Michael Ibru (1930–2016): The Visionary Behind a West African Business Empire

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Michael Ibru was a pioneering Nigerian entrepreneur, philanthropist, and founder of the Ibru Organisation, one of the most influential business groups in West Africa. His life reflects ambition, discipline, and the transformation of opportunity into a diversified empire.

Early Life and Background

Born in 1930, Michael Ibru hailed from Agbarha-Otor, near Ughelli.
He was the eldest of seven children in a prominent family. His mother was the daughter of the wealthy Ovedje Osadjere of Olomu, which placed him within a lineage of both traditional influence and commercial awareness.
Growing up in the Niger Delta region, young Ibru was exposed early to trade, mobility, and the importance of enterprise in coastal and riverine communities.

Education and Formative Years

A defining stage of his early life was his education at Igbobi College Yaba, one of Nigeria’s most prestigious secondary schools at the time.
At Igbobi College, Michael Ibru distinguished himself not only academically but also in leadership, eventually serving as Senior Prefect. This position reflected his discipline, influence, and ability to lead peers—qualities that later shaped his business career.
His time at the institution helped refine his worldview and exposed him to structured education during a period when Nigeria was still under colonial administration.

Early Career and Exposure to Business

After completing his studies, he briefly worked with the United Africa Company (UAC), one of the most powerful trading firms operating in West Africa at the time.
This experience exposed him to:

Large-scale import and export systems

Corporate structure and logistics

Commercial distribution networks

However, rather than remain in salaried employment, he chose the path of entrepreneurship—a decision that would redefine his life and legacy.

The Birth of a Business Empire

In 1956, Michael Ibru founded a frozen fish business.
At the time, frozen food distribution was still relatively new in Nigeria, and Ibru identified a gap in the market: the need for affordable, preserved protein sources in urban centres.
His venture quickly expanded due to:

Strong demand for fish in growing cities

Efficient supply chain management

Strategic importation and distribution systems

This modest beginning became the foundation of what would evolve into the Ibru Organisation.

Expansion into a Conglomerate

Over time, the Ibru Organisation grew into a diversified business empire spanning multiple sectors, including:

Food and seafood processing

Aviation and logistics

Hospitality and real estate

Finance and banking

Oil and marine services

Media and publishing

Agriculture and industrial production

The group became one of the largest family-owned conglomerates in West Africa, with numerous subsidiaries operating across Nigeria and beyond.
Rather than relying on a single industry, Michael Ibru built a multi-sectoral business model, which helped the organisation withstand economic fluctuations and remain competitive for decades.

Leadership Style and Business Philosophy

Michael Ibru was widely regarded as a strategic thinker who believed in:

Identifying unmet market needs

Investing in scalable industries

Building long-term institutional structures

Empowering family-led continuity in business

His leadership approach combined traditional values with modern corporate thinking, allowing the Ibru Organisation to grow into a structured enterprise rather than a short-term venture.

Philanthropy and Social Impact

Beyond commerce, Michael Ibru was deeply committed to philanthropy.
His contributions included:

Support for education and scholarships

Community development initiatives

Investment in youth empowerment

Assistance to local infrastructure and social welfare projects

He believed that business success should translate into societal progress, particularly in education and opportunity creation.

Legacy of the Ibru Organisation

The Ibru Organisation remains one of Nigeria’s most recognised business groups, continuing to operate through various subsidiaries across sectors.
Its legacy is defined by:

Industrial diversification

Private sector growth in post-independence Nigeria

Family-led business continuity

Contribution to West Africa’s economic development

From a young student at Igbobi College Yaba to the founder of a continental business empire, Michael Ibru represents the story of vision, risk-taking, and entrepreneurial excellence.
His journey shows how observation, opportunity, and courage can transform a simple idea—like frozen fish distribution—into a legacy that shaped industries across Africa.

Source

Biographical and historical records on Michael Ibru

Public information on the development of the Ibru Organisation

Educational history of Igbobi College Yaba

Historical context of Nigerian post-colonial entrepreneurship and trade development

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