Political commentator Sarah Ibrahim has raised concerns over the scale of federal contracts and allocations reportedly awarded to firms associated with businessman Gilbert Chagoury since President Bola Ahmed Tinubu assumed office.
In a statement shared on social media, Ibrahim alleged that President Tinubu has approved contracts and allocations exceeding ₦3 trillion for companies linked to the Chagoury Group in 2026 alone. She further claimed that Seyi Tinubu, the President’s son, is associated with one of the group’s subsidiaries, CDK.
According to her, more than $700 million was also allocated to Chagoury-linked interests in the previous year, while the controversial Lagos Coastal Highway project, valued at approximately $13 billion, was awarded to a company within the Chagoury business network.
Ibrahim questioned the concentration of major government projects in the hands of firms connected to the Lebanese-Nigerian billionaire, arguing that many federal roads across the country remain in poor condition despite the huge expenditures.
“Do the maths, how much of our national wealth has gone to Chagoury since Tinubu became President?” she asked, while criticizing the administration’s spending priorities.
The allegations have generated reactions online, with supporters of the government defending the projects as strategic infrastructure investments, while critics argue that greater transparency is needed regarding contract awards, procurement processes, and value-for-money assessments.
As of the time of filing this report, the Presidency and the Chagoury Group had not publicly responded to the specific claims made by Ibrahim.


