NIGERIAN PRESIDENT FLEW PRIVATE JET TO SOUTH AFRICA OWNED BY LEBANESE ALLY, CHAGOURY

download 13 11

NIGERIAN PRESIDENT FLEW PRIVATE JET TO SOUTH AFRICA OWNED BY LEBANESE ALLY, CHAGOURY

The private jet marked 9H-GRC, which flew PPresident Bola Ahmed Tinubu to South Africa for the second term inauguration of President Cyril Ramaphosa, is owned by Chagoury Group, a conglomerate owned by Gilbert Chagoury, a known business partner of Nigerian President, according to SaharaReporters

The Nigerian President arrived at Waterkloof Air Force Base on the outskirts of Pretoria, South Africa’s administrative capital, on Tuesday evening.

Video and pictures released by the South African presidential media team showed Tinubu disembarked from a Dassault Falcon 8X aircraft.

Born in Nigeria to Lebanese immigrants, the businessman flourished in the 1990s through his close association with the late dictator, Sani Abacha by receiving development deals and oil franchises.

After Abacha’s death in 1998, the Nigerian government hired lawyers to track funds stolen through associates of the late dictator.

The trail led to bank accounts all over the world, some under Gilbert Chagoury’s control.

In 2000, the Lebanese businessman was convicted by a Swiss court for laundering some of the funds Abacha looted from Nigeria.

He agreed to pay a fine of about 1 million Swiss francs (about $600,000) at that time to get his Swiss conviction expunged and handed back $66 million to the Nigerian government, but denied knowing the funds were stolen.

“To be more precise: the Falcon 8X (9H-GRC) is owned by the Chagoury Group and operated by Hyperion Aviation: https://x.com/se_spotting/status/1803147789138063817. Less politics now, more aircraft news,” @avinngblog, an X account known for aviation news in Nigeria added.

A further check by SaharaReporters on an aircraft registration database revealed that the private jet and others owned by the group are operated by Hyperion Aviation.

The Dassault Falcon 8X was first operated by Aviation SA before it was transferred to Amjet Executive.

The aircraft was also briefly registered under Chagoury Group for some days before its operation was moved to Hyperion Aviation.

Hyperion is an air charter company operating business jets, headquartered in Malta.

President Tinubu in 2023 awarded the largest road construction project in the country to another Gilbert Chagoury’s company, Hitech Construction Company, in which his son Seyi Tinubu sits on its board.

The 700km Lagos-Calabar coastal highway will run through nine states and was put at a cost of $11bn in 2021.

In recent times, some demolitions have been carried out in Lagos to expedite the construction of the highway.

SaharaReporters had reported how a Boeing Business Jet (Boeing 737-700) marked 5N-FGT owned by the Nigerian government incurred parking charges running into millions of Naira since it was transported to Germany on March 25 for repairs.

The amount accounted for the aircraft’s parking charges for over 80 days, at the rate of €5,000 (N8million) at the rate of N1613 to €1.

In April, the President was forced to travel to Saudi Arabia on a charter flight for the World Economic Forum in Riyadh from the Netherlands.

At the time, the President left Nigeria on a Gulfstream Aerospace GV-SP (G550) with registration number 5N-FGW and serial number 5310 (Mode-S 0640F2) because the Boeing 737-700 marked 5N-FGT was undergoing rehabilitation in Germany.

However, the second aircraft he was travelling on developed a fault in the Netherlands.

The Nigerian leader had arrived in The Hague on April 23 from Nigeria for a series of economic and diplomatic engagements at the instance of Prime Minister Mark Rutte.

It was reported that the Nigerian President learnt shortly before he was scheduled to depart the Netherlands that his plane had suffered unspecified problems, one of which an official identified as including an oxygen leak.

The president and his delegation left the presidential aircraft behind and opted for a charter jet company to take them to Saudi Arabia for the forum.

The aircraft, a Gulfstream G550 class, was originally dedicated to Vice President, Kashim Shettima.SaharaReporters learnt that it was the aircraft also used by former Vice President Yemi Osinbajo.

  • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

    Related Posts

    SIX RICH COUNTRIES WITH POOR CITIZENS

    TINUBU’S GOVT LACKS IDEAS, DYNAMISM, TURNING INTO A MONARCHY – USMAN BUGAJE

    TINUBU’S GOVT LACKS IDEAS, DYNAMISM TURNING INTO A MONARCHY – USMAN BUGAJE Islamic scholar, political activist, and civil society leader, Dr Usman Bugaje, has acknowledged THISDAY newspaper’s right to make the selection and declare President Bola Ahmed Tinubu as Man of the Year but expressed doubts about the criteria used, asserting that many Nigerians associate Tinubu’s presidency with suffering.“I used to know him as a man of ideas,” Bugaje said, recalling his time as National Secretary of the Action Congress (AC). “But I don’t see the ideas, I don’t see the dynamism, I don’t see the progressiveness. I see somebody who is almost turning into a monarch.”Speaking during an interview on ARISE News on Thursday, Dr Usman Bugaje raised concerns about governance, economic policies, and Nigeria’s political culture.Bugaje criticised Tinubu’s approach to governance, particularly focusing on the controversial tax reform bill, which he described as improperly introduced and lacking transparency.“The idea to smuggle things and come in through the back door creates a lot of suspicion,” Bugaje explained. He further stressed that governance in the 21st century should be more structured and scientific, focusing on purpose, process, and performance—elements he argued were missing in current policies.Highlighting broader concerns, Bugaje identified three key governance failures that he believed needed urgent attention: a lack of vision among political leaders, an absence of proper processes in policy making, and a political culture that contradicts principles of accountability, transparency, and the rule of law.“Leaders fail to understand Nigeria’s challenges,” he remarked, emphasising the need for policies grounded in reality.On the tax reform bill, Bugaje criticised the bill’s lack of clear definitions for contentious terms like “attribution” and “derivation,” warning that such ambiguities could lead to conflicts.“This bill has no relevance to the current economic crisis… We need a process that takes cognisance of the economy we’re in and the challenges we face,” Bugaje asserted.While he acknowledged the bill’s attempt to address inequalities, he argued that it did little to tackle Nigeria’s broader economic realities or promote sustainable growth.Bugaje also highlighted the security situation in the country, pointing to emerging threats like urban banditry, which he attributed to rising unemployment. He emphasised the need for a holistic approach to improving security in order to stabilise production and ensure economic recovery.“I feel this bill has no relevance to the current economic crisis that this country is going through and I would rather we start a whole process that takes cognisance of the kind of economy we are in, the challenges our economy is facing and therefore craft something that can gradually pick the economy up and will facilitate production in a way that will make this economy recover,” he stated.Bugaje dismissed the notion that the 1999 Constitution inherently fosters a monarchical style of governance. Instead, he blamed weak institutions, particularly the National Assembly, for failing to check executive excesses.“We don’t have a National Assembly; we have people just out there to make money, they have no idea of what their job is and they just go to these poor constituencies and spread rice and palm oil and nobody talks about that, if we continue that way, some day we will just wake up to a riot. Yes we need to address those weaknesses in our constitution but even as it is in the moment, we are not operating it properly,” he remarked, stressing the need for stronger oversight to ensure accountability and prevent abuse of power.Bugaje also called for the withdrawal of the tax reform bill in order to allow for broader consultations, describing the anticipated public hearings as a necessary but insufficient step.“Why do we have to fight over things that should ideally benefit the country? Why do we have to create a battlefield in the public hearing…

    Leave a Reply

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

    You Missed

    36 STATE ASSEMBLIES ADOPT, RATIFY HARMONIZED STANDING ORDERS

    36 STATE ASSEMBLIES ADOPT, RATIFY HARMONIZED STANDING ORDERS

    COURT RESTRAINS INEC FROM RECEIVING PETITION FOR RECALL OF NATASHA

    I APOLOGIZE FOR MY MISCONDUCT IN COURT – NNAMDI KANU

    WIKE WINS AGAIN AT SUPREME COURT AS ALLY, SAMUEL ANYANWU, RECLAIM PDP NATIONAL SECRETARY SEAT

    BREAKING: PDP NATIONAL SECRETARY: ANYANWU WINS AT SUPREME COURT