Thursday, February 12, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • Economy
  • Financial Markets
  • Industry News
  • Energy
  • Global News
  • Insights
  • BT Exclusive
  • News
  • Economy
  • Financial Markets
  • Industry News
  • Energy
  • Global News
  • Insights
  • BT Exclusive
No Result
View All Result
The Business Times
No Result
View All Result
Home National

Tinubu Awards Top Honour to Ally Gilbert Chagoury

bySodiq Adeoyo
January 19, 2026
in National, News
0
Tinubu Awards Top Honour to Ally Gilbert Chagoury
5
VIEWS
Share on FacebookShare on Twitter

President Bola Tinubu has bestowed the Grand Commander of the Order of the Niger (GCON), Nigeria’s second-highest national honour, upon Gilbert Chagoury, a Lebanese-Nigerian billionaire and longtime business associate. While the award was officially dated January 8, the presidency did not immediately make a public announcement. The development only came to light on Monday after fellow billionaire Femi Otedola shared a copy of the award certificate on social media.

Sources within the presidency subsequently confirmed the authenticity of the document to reporters. However, these sources indicated that the administration might not issue a formal statement regarding the decision. The discreet nature of the conferment highlights the complex public profile of the recipient.

Chagoury is a figure of significant influence and controversy in Nigerian history. During the military regime of Sani Abacha from 1993 to 1998, he was accused of facilitating the looting of the national treasury. Despite this contentious past, Chagoury has remained a central player in Nigeria’s economic landscape and eventually became a close ally of President Tinubu. His construction firm, Hitech, has been instrumental in executing major infrastructural projects in Lagos, most notably the ambitious Eko Atlantic City. This reclaimed coastal city is slated to house significant international structures, including the largest United States embassy building in Africa.

The news of the award was celebrated by Femi Otedola, who took to X (formerly Twitter) to congratulate Chagoury. In his post, Otedola described the Lebanese-Nigerian businessman as a “role model, dear friend, and mentor.” He praised Chagoury’s impact on the nation’s development, citing his work on high-profile real estate projects. “From Banana Island to Eko Atlantic City, your work speaks in landmarks, jobs, and lasting impact,” Otedola wrote, adding that Chagoury’s leadership has inspired generations to “think bigger and act bolder.”

The GCON is one of the most prestigious awards in the Nigerian national honours system, traditionally reserved for Vice Presidents, Senate Presidents, and Chief Justices, though it has occasionally been awarded to distinguished private citizens.

Tags: Bola TinububusinessEko Atlantic CityFemi OtedolaGCONGilbert ChagouryNational HonoursNigeriapoliticsSani Abacha
Sodiq Adeoyo

Sodiq Adeoyo

Next Post

US Visa Freeze and the Economics of Restricted Mobility

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

OPEC+ Holds Oil Production Steady Through Q1 2026 in Strategic Move Against Global Surplus

1 month ago

Nigeria’s Rail Revolution: “Vision 2-5-10-20”, Nigerian Railway Corporation Targets Electric Trains in Five Years

3 months ago

Popular News

  • Global Shipping Costs Hit Nigerian Consumers

    Africa’s ports are changing hands, but not in the way many people think

    0 shares
    Share 0 Tweet 0
  • Arik Flight Diverts to Benin Airport After Engine Anomaly

    0 shares
    Share 0 Tweet 0
  • South African Tycoon Tshepo Mahloele’s Harith Acquires FlySafair, Eyes Transport Network

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Cuts Petrol Price to N774/Litre

    0 shares
    Share 0 Tweet 0
  • Mombasa Billionaire Mohammed Jaffer’s Court Case Delayed Again

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Privacy Policy
  • Terms

Navigation

  • News
  • Economy
  • Financial Markets
  • Industry News
  • Energy
  • Global News
  • Insights
  • BT Exclusive

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Economy
  • Financial Markets
  • Industry News
  • Energy
  • Global News
  • Insights
  • BT Exclusive

© 2025 The Business Times NG .