For three years, President Bola Tinubu has fought efforts to disclose FBI records tied to a 1990s Chicago drug investigation. However, the effort appears to be faltering. In August, the FBI acknowledged holding a file on him, and hundreds of pages have since emerged. The records released so far include allegations that Tinubu helped move money for a suspected drug-trafficking network and that about $460,000 linked to his accounts was seized in a civil forfeiture. However, he was never criminally charged. Aaron Greenspan, the California transparency litigant behind the effort, has pushed for more disclosure. Tinubu’s US lawyers are seeking to block the move, arguing that privacy protections apply and that the case is being driven by Nigerian politics. The immediate political consequence is greater scrutiny of the president. The longer-term significance is whether further disclosures will influence political developments ahead of Nigeria’s 2027 presidential elections.