Country
Nigeria
Sector
Construction
Intelligence Type
Corporate
Status / Stage
Active
Confidence
Reported
Latest Development
Nigerian construction firm reported to be owned by Gilbert Chagoury, a Lebanese-Nigerian businessman with longstanding ties to the presidency. Holds a share of the Apapa/Tin Can Island ports redevelopment contract alongside Hitech Nigeria.
Company Profile
Company TypePrivate
HeadquartersLagos, Nigeria
Countries of OperationNigeria
Key ExecutivesGilbert Chagoury (reported owner)
Key Developments
Named by Africa Intelligence as recipient of the Lagos ports modernisation contract ahead of the March 2026 UKEF financing signing; limited independent corporate detail is publicly available.
Key Risks
Ownership's reported closeness to the presidency has drawn scrutiny over non-competitive contract awards; limited public financial disclosure makes independent verification of scale difficult.
Commercial Opportunity Intelligence
Commercial ReadinessVery Early
Source & Verification Trail
Last VerifiedAug 3, 2026