The conferment of the Grand Commander of the Order of the Niger (GCON) on billionaire businessman and real estate mogul Gilbert Chagoury has sparked mixed reactions across Nigeria, with supporters praising the honour while critics questioned the decision, citing his controversial reputation.
President Bola Tinubu conferred the GCON award on Chagoury, and it was confirmed on Monday by presidential spokesman Bayo Onanuga. A copy of the instrument of conferment seen by Business Hallmark showed that the honour was awarded in Abuja on January 8, 2026, the same day Chagoury turned 80.
The document, signed by Tinubu, stated that the award was given “in recognition of your outstanding virtues and in appreciation of your services to our country, Nigeria.”
Nigerian billionaire businessman Femi Otedola hailed the honour as well-deserved, describing Chagoury as a role model, mentor and close friend.
In a post on his verified X handle, Otedola described Chagoury’s life as “a masterclass in vision, discipline, and steady excellence,” citing his contributions to landmark projects such as Banana Island and Eko Atlantic City.
“Your work speaks in landmarks, jobs, and lasting impact, and your leadership has inspired generations of Nigerians to think bigger and act bolder,” Otedola wrote.
He added that the national honour was a recognition of Chagoury’s legacy and excellence.
However, the award has also drawn sharp criticism from some quarters, with former APC deputy national publicity secretary Timi Frank describing the decision as “a disappointing moment for Nigeria.”
Frank said the move raised concerns about transparency and national values, arguing that the national honours system should reflect clearly defined contributions to national development.
He alleged that Chagoury was convicted by a Swiss court in 2000 in connection with laundering Abacha loot, and said bestowing the country’s second-highest national honour on someone tainted by allegations of corruption “sends a deeply troubling message.”
“Today ranks among the saddest days of my life as a Nigerian,” Frank said, adding that the decision had weakened public confidence in the honours system.
Frank also questioned the timing and the optics of the award, particularly in light of reports linking Chagoury to major infrastructure projects and business interests in Nigeria.
He urged the government to clarify the specific contributions that qualified Chagoury for the GCON and to make the selection process more transparent.
The award has also triggered intense debate on social media, with many Nigerians questioning why Chagoury was chosen for such a prestigious honour given his controversial background.
Public affairs commentator Ugo Egbujo described the move as “madness,” saying the GCON is typically reserved for vice presidents and should not be used to reward friends.
“This is the honour Tinubu has bastardised,” Egbujo wrote, accusing the president of treating the country “like a private estate” and awarding the honour “casually” without a national ceremony.
Egbujo also criticised reports that Chagoury received major government contracts without due process, and said the award reinforced perceptions that Tinubu is “privatising the country.”
The instrument of conferment signed by Tinubu said the award recognised Chagoury’s “outstanding virtues” and his service to Nigeria. But critics say the lack of transparency and the controversial timing of the award have raised doubts about the integrity of the national honours system.
