Who Has Benefited Most Since Tinubu’s Subsidy Removal?

This discussion argues that influential businessmen have benefited from President Bola Tinubu’s economic policies while ordinary Nigerians bear the hardship of subsidy removal. It focuses on Gilbert Chagoury, citing his long-standing relationship with Tinubu, involvement in major infrastructure projects, and the national honour reportedly awarded to him in January 2026. It also raises concerns over Chagoury’s past Swiss conviction connected to Abacha-era funds and criticism of his access to government. The post also names Tony Elumelu, noting that Transcorp’s OML 17 acquisition was approved under the Buhari administration but that the asset’s gas output has grown under Tinubu. It questions whether business interests shape elite support for the administration. Femi Otedola is listed as another alleged beneficiary, but no supporting details are provided in this post. The claims and allegations should be examined against verifiable public records and official responses.

Use The App To Win ₦1m

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.