An interesting note is that under previous administrations all the way until President Ahab, such adhoc USD expenses were usually taken from the NNPC account.

But since Ahab, even NNPC has no dollars left, so the drug pusher and his crime family are now raiding the Wheat Grain Levy Pool Account. That's like you breaking the safelock on your Piggyvest account with one small 200k inside it that you're never supposed to touch unless it's an emergency.

But it's not an emergency. They're spending it the way drug dealers typically spend money - in vast quantities on hotels, tacky shopping sprees and Venezuelan hookers named Carlita.

When that account is drawn down, and there is no longer any forex account left to raid, they're inevitably going to raid consumer forex accounts. If you're still keeping dollars in a Nigerian domiciliary bank account, then you have a very high risk appetite.

Fun.

One of the biggest and most obvious running scams around the world today is the fact that government spending, public contract awarding and incoming government revenues are not documented live and in real time on a public website anywhere.

It doesn't matter whether you're in Norway, Nigeria, or Nicaragua - it's the same opaque process. You typically have to send a "Freedom Of Information Request" to ask the government that you supposedly elected to give you a detailed account of the money it took in and where that money avtually went to, and then you have to hope they will grant your request.

Even if they do, what they typically offer you is just a series of statements of what they claim they made and how they claim they spent it. There is no forensic audit that is readily available. In fact, the only time a government institution typically has to undergo a forensic audit is when it is suspected of wrongdoing and the politicians get involved.

Civil services around the world - even in supposedly "democratic" countries - are far too opaque and unavailable for public scrutiny for them to be the central institution in any kind of "open society." This needs to change immediately, and the technology already exists. If JP Morgan, which does between $3trn and $5trn worth of transactions everyday can present Jamie Dimon with full visibility over every cent in real time on his computer screen, there is no reason why a civil service controlling a total annual budget of about $30bn somehow cannot do the same.

It shouldn't have to take an insurgent whistleblower like @PIDOMNIGERIA for Nigerians to know that the 15% Wheat Grain Levy Pool Account - an account opened in 2012 to hold receipts of a new 15% wheat import levy imposed by the Jonathan administration to discourage wheat importation and encourage local production of cassava flour (nigerianseminarsandtrainings.com/articlespg/40-…) - is now being used to fund $507,000 worth of hotel rooms, strippers, alcohol and shopping trips in New York by Bola Tinubu, his useless cokehead son, and his hangers-on like Dele Alake.

Instead of having to rely on intrepid journalists and whistleblowers to get hold of information like this - information that shows that the wheat levy you pay everytime you buy Agege bread is being used to pay for Seyi Tinubu’s expensive prostitutes when he follows his daddy to New York - there should be a publicly viewable credit and debit portal where citizens of a country should have full visibility over what their "elected" government is using their taxes to do.

This technology already exists and is in use on much bigger scales. This is not 1970 anymore. There is no reason for a drug dealer and his coke-sniffing, prostitute-paying entourage to be able to use the taxes we pay on our bread to pay for their jamborees in New York, simply because the information about where the money comes from and goes to is not available to us.

This must change!

Cruise777:
This David Hudeyen obsession with Tinubu makes me wonder if Tinubu fvcked his mother

IreneChidi:
how about those that knack their mothers and nephews?
hahahahaha

Cruise777:


Did you knack them
?!

OkCornel:
It is finished. Dear Nigerians, hope you can see how the fuel subsidy savings is wisely spent by Tinubu’s government.

Epic😂

Godwin4444:
nawah ooo

U can believe anything so far it’s against tinubu no matter how stupid it is

OkCornel:
It is finished. Dear Nigerians, hope you can see how the fuel subsidy savings is wisely spent by Tinubu’s government.

Epic😂

HeadlessMob:


Only a fool will expect anything different from those that believed Buhari was cloned with one Jibrin from Sudan

Ttalk:
Food is ready for the Obidients makes them begin dey rush am

Hundeyin the propaganda chef is here with his dishes, this time around like efo riro, Himdeyin who is set to break Guiness book of record at his cook a ton is mixing Seyi this time around with one Olosho as spices and of course crowns it with Tinubu as the meat.

The soup will not be complete without sauces such as corruption, bribery, narcotics, and forgery all mesh around Tinubu to make it irresistible.

Obidient can't see this dish without salivating, and from far and near in their tons will rush in to consume the propaganda dish.

In the game of politics, na Obidients dey rush us

Cruise777:





This David Hudeyen obsession with Tinubu makes me wonder if Tinubu fvcked his mother

Tinubu's chief of staff and also protocol officer are the ones who would take care of accomodations and logistics while in New York

Seyi Tinubu isn't a Government official, so he doesn't earn the $2000 estacode

.

PortHarcourtcit:
I know two David, David Adeleke AKA Davido and king David of Israel... Any other David Asylum seeker is a CLOWN...

Ttalk:
Food is ready for the Obidients makes them begin dey rush am

Hundeyin the propaganda chef is here with his dishes, this time around like efo riro, Himdeyin who is set to break Guiness book of record at his cook a ton is mixing Seyi this time around with one Olosho as spices and of course crowns it with Tinubu as the meat.

The soup will not be complete without sauces such as corruption, bribery, narcotics, and forgery all mesh around Tinubu to make it irresistible.

Obidient can't see this dish without salivating, and from far and near in their tons will rush in to consume the propaganda dish.

In the game of politics, na Obidients dey rush us

NLCreator:


One of the biggest and most obvious running scams around the world today is the fact that government spending, public contract awarding and incoming government revenues are not documented live and in real time on a public website anywhere.

Lawlessness everywhere Jagaban's blue print

Couldntfigurean:
It’s an open secret,seyi engages in orgy Parties a lot
The girl that was arrested by Eniola Badmus wasn’t capping but was intimidated by the police and eniola to say it was all a lie

Which Yoruba actress wey seyi tinubu never Bleep?
Wayward son of a drug lord dad

Cruise777:





This David Hudeyen obsession with Tinubu makes me wonder if Tinubu fvcked his mother

Tinubu's chief of staff and also protocol officer are the ones who would take care of accomodations and logistics while in New York

Seyi Tinubu isn't a Government official, so he doesn't earn the $2000 estacode

.

Morbeta11:


Insiders in Tinubu’s camp are the ones feeding him with all these info....