Victor Ezeja
Admin
President Bola Tinubu identified a Lebanese-Nigerian businessman, Gilbert Chagoury as his “confidante” in Nigeria’s delegation to the 28th session of the Conference of the Parties (COP28). This is according to a list published by the United Nations Framework Convention on Climate Change (UNFCCC).
The Nigerian State House is listed as Chagoury’s “organisation” while it was indicated that he is in a “paid relationship/contract with the nominating entity”. A check through the delegates list of the 198 participating countries showed that no other country has a “confidante” of its president in the delegation, The Cable reports.
Join our WhatsApp ChannelChagoury was born in Nigeria to Lebanese immigrants. He co-founded the Chagoury Group in Lagos in 1971. The conglomerate owns construction, real estate, hotel, glass and flour milling businesses.
He is also a major funder of the Eko Atlantic project through South Energyx Nigeria Limited, a subsidiary of the Chagoury Group.
The Lebanese-Nigerian had a close association with the late Sani Abacha, former Nigerian military ruler, in the 1990s, and his businesses reportedly flourished during this period.
In 2000, he was reportedly convicted by a Swiss court for laundering some of the funds Abacha looted from Nigeria.
Chagoury reportedly agreed to pay a fine of about one million Swiss francs (about $600,000 at the time) and handed back $66 million to the Nigerian government. He, however, denied knowing that the funds were stolen.
Nigeria is participating in the COP28 with 1,411 delegates – the third-highest at the conference alongside China. The UAE, being the host country, accounted for the largest-ever registered delegation of any country, with 4,409 badges, followed by Brazil with 3,081.
