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“Nigeria Is A Private Estate” — Kio Amachree’s Scathing Exposé on Tinubu-Chagoury Alliance Goes Viral

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In a blistering critique that has sent shockwaves through Nigerian political circles today, April 9, 2026, renowned commentator Kio Amachree has characterized Nigeria not as a sovereign nation, but as the “private estate” of Lebanese-Nigerian billionaire Gilbert Chagoury.

Writing from Stockholm following a meeting with a high-level Swiss banker, Amachree detailed a web of multi-billion dollar contracts, national honours, and family business ties that he claims have turned Nigeria into a global laughingstock.

The $12.7 Billion Portfolio

The central allegation in Amachree’s report is the sheer scale of federal patronage funneled to the Chagoury Group since President Bola Tinubu took office. Amachree claims that over $12.7 billion in contracts have been awarded to Chagoury-linked firms—most notably Hitech Construction—without competitive bidding.

Key projects cited include:

The Lagos-Calabar Coastal Highway: A massive infrastructure project valued between $11 billion and $13 billion.

Port Renovations: The $700 million overhaul of the Tin Can and Apapa ports.
Strategic Assets: The handover of the Snake Island port terminal.

The “Seyi Tinubu” Connection

Amachree highlighted the involvement of the President’s son, Seyi Tinubu, who sits on the board of CDK Integrated Industries, a subsidiary of the Chagoury Group. While the Presidency has previously defended this as a long-standing professional role predating the 2023 election, Amachree argues the optics are “shameful” to international observers.

“The President’s son sits on the board… then goes on television to tell Nigerians his father is not enriching his friends,” Amachree wrote, noting that his Swiss banking contact “laughed the longest” at this particular defense.

“Decorating Corruption”

The report also touched on the controversial conferment of the Grand Commander of the Order of the Niger (GCON)—Nigeria’s second-highest national honour—on Gilbert Chagoury in January 2026.

Critics, including Amachree, point to Chagoury’s year 2000 conviction in a Swiss court for laundering funds stolen by the late dictator Sani Abacha. The Swiss banker reportedly told Amachree: “Nigeria will never be taken seriously as long as a man who helped Abacha loot the treasury can return decades later [and] collect billions in contracts.”

Silence from the Villa

The Presidency has yet to issue a direct response to Amachree’s latest piece, though it has historically dismissed such criticisms as “politically motivated attacks” by the opposition. Minister of Works David Umahi has repeatedly insisted that the Chagoury-led projects are “pioneer investments” that follow legal due process.

Amachree’s article concludes with a somber reflection on the “weight of a country that deserves so much better,” a sentiment that has resonated deeply with Nigerians on social media as the 2027 election cycle begins to heat up.

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‘Unknown Entities’, Atiku Slams NNPCL Deal With Chinese Firms

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By Augustine Akhilomen

…Accuses NNPCL Of Lacking Transparency And Attempting To Hide The Details Of The Deal

Former Vice President and 2023 presidential candidate, Atiku Abubakar, has demanded the immediate suspension of the deal between the Nigerian National Petroleum Company Limited (NNPCL) and Chinese firms aimed at reviving the Port Harcourt and Warri refineries.

Atiku, through his media aide Phrank Shaibu on Friday, criticized the partnership as an “opaque” and “dangerous gamble” with Nigeria’s economic future.

He accused the NNPCL of lacking transparency and attempting to hide the details of the deal, similar to previous controversial agreements.

Atiku referred to the Chinese firms, identified as Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd, as unknown entities lacking the credibility for such a massive project.

“It is both shocking and insulting that after wasting over $2.5 billion on endless refinery rehabilitation scandals, the NNPC is once again asking Nigerians to trust another experiment built on secrecy and questionable competence,” Atiku stated.

“There is no publicly available evidence anywhere in the world showing that Sanjiang has ever built, operated, or managed a full-scale crude oil refinery of the magnitude and complexity of Port Harcourt or Warri refineries.

“Processing petrochemical derivatives is not the same as running an aging national refinery burdened with decades of operational decay,” Atiku noted.
Also, Atiku said the second Chinese firm, Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd., appears to have absolutely no verifiable experience in petroleum engineering, refinery operations, or hydrocarbon processing.

“By every available corporate and industry record, Xingcheng is essentially an industrial park and infrastructure management company — the equivalent of handing over a hospital’s intensive care unit to a real estate developer simply because they can construct buildings,” the statement added.

“It is unacceptable that after years of failed turnaround maintenance scams, billions of dollars squandered, and repeated lies about refinery functionality, Nigerians are now being told to celebrate a memorandum of understanding signed with companies whose core expertise does not align with the technical realities of refinery rehabilitation.

“Nigerians must not allow the same people who destroyed the refineries through incompetence and corruption to now hide behind vague Chinese partnerships to continue the cycle of deception,” he said.

“The era where NNPC signs opaque agreements abroad and expects Nigerians to clap blindly is over.

“National assets are not toys for bureaucratic experimentation. The Port Harcourt and Warri refineries are too strategic to be surrendered to uncertainty, obscurity, and corporate guesswork”, he stated.

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My ancestor was king of Lagos, fought the British – Adekunle Gold

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Nigerian singer Adekunle Gold has revealed that he is a descendant of King Kosoko of Lagos, a 19th-century monarch who resisted British colonial forces when they first arrived in Nigeria.

Gold made the disclosure in an interview on Great Day Houston, a morning show on KHOU 11 television in Houston, Texas, which was published on YouTube on Thursday.

On his royal lineage, he said his ancestor fought the British when they first entered Nigeria through Lagos, was driven into exile, and eventually returned victorious.

“My progenitor used to be king of Lagos. His name is King Kosoko. He fought the British when they first came to Nigeria through Lagos to try to take our things, then he fought, went to exile, and came back, and then still won,” he said.

Gold, who is from the Yoruba tribe, was born in Lagos.

The singer also revealed that his stage name was given to him by God through a church sermon.

He said he had been searching for one and had taken the matter to God in prayer when the answer came during a church sermon.

“I told God, I need a name,” he said.

He said a preacher repeated the same phrase three times during the sermon, and he took it as a divine signal.

“Something just told me it must have been God. God told me at that point that that’s your name,” he said.

Gold said he settled on the name immediately after.

“I said, okay, you know what, just make it Adekunle Gold, and it’s very befitting of me,” he said.

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High Court dismisses Sowore’s no case submission in Tinubu cyberbullying trial

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Justice Mohammed Garba Umar of the Federal High Court in Abuja has dismissed the no-case submission made by activist, Omoyele Sowore, in the cyberbullying charge brought against him by the Department of the State Services, DSS.

DSS had charged Sowore for cyberbullying President Bola Tinubu.

The court upheld the DSS charges against Sowore for allegedly calling Tinubu a “criminal” in his Twitter handle and ordered him to enter his defense.

Justice Umar dismissed the no case submission on Friday while ruling on the application made by the activist.

Sowore had filed the no case submission and prayed the court to discharge and acquit him from the two-count charge.

In the ruling, Justice Umar held that the DSS had successfully linked Sowore with the alleged offences, adding that a prima facie case had been established against him to warrant him to enter a defense.

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