Gilbert Chagoury's Hitech just won the mining rights for the coastal highway it is already building
Billionaires Africa | 21.05.2026 19:15
The Lagos State Government has approved dedicated mining sites at Ilamija, Kajola, Orimedu and Akodo for Hitech Construction Company, the contractor building the federal government's 750-kilometer Lagos-Calabar Coastal Highway. Hitech is owned by the Chagoury Group, the Lagos-based conglomerate built by Nigerian-Lebanese billionaire Gilbert Chagoury and his brother Ronald, and the approval positions it to supply itself with the sand and gravel feeding into Nigeria's largest active infrastructure project.