Hitech Construction

In 2026, President Bola Tinubu's administration awarded the massive $13 billion Lagos-Calabar Coastal Highway contract to Hitech Construction, a subsidiary of the Lebanese-Nigerian Chagoury Group. The project aimed to construct a 700-kilometer superhighway connecting Lagos to Calabar, passing through multiple southern states. Reports emerged that the contract was awarded without the standard competitive bidding process typically required for major infrastructure projects of this scale.

The Lagos-Calabar highway had been a long-discussed infrastructure priority, with previous administrations proposing various versions of the coastal road project. Nigeria's infrastructure deficit, particularly in transportation networks connecting major economic centers, had been identified as a critical barrier to economic development. The Chagoury Group, led by Gilbert Chagoury, had maintained significant business interests in Nigeria for decades, with previous involvement in major construction and real estate projects across the country.