Ofunaofu: Report: Current Govt Added More Debt in Two Years Than Nigeria Accumulated in 55 Years
• Decries Nigeria’s debt service-to-revenue ratio
•Urges FG to declare fiscal emergency
A new policy brief has warned that Nigeria’s worsening debt profile and weak revenue generation have pushed the country into a dangerous fiscal position, with the current administration accumulating more debt in two years than Nigeria recorded during its first 55 years after independence.
The report, released by the Alliance for Economic Research and Ethics LTD/GTE, a Nigerian policy think tank, argued that the country’s debt crisis has evolved into a governance and revenue emergency, as debt servicing obligations now exceed the federal government’s retained earnings. > > According to the think tank, Nigeria’s public debt rose sharply from N87.38 trillion in June 2023 to N159.28 trillion by the end of 2025, with President Bola Tinubu’s administration accounting for about N65.9 trillion of the increase within its first two years in office.
The organisation in the brief titled: “Nigeria Is Borrowing to Breathe—and the Clock Is Ticking”, noted that Nigeria accumulated only about N12.06 trillion in debt from independence in 1960 up to 2015, meaning the current administration added more than five times that amount in just 24 months.
The report stated that while previous governments also contributed significantly to the country’s rising debt burden, the speed of accumulation under the current administration had intensified concerns over fiscal sustainability.
“President Bola Tinubu’s administration has added a further N65.9 trillion in just two years. To put that in perspective: it took Nigeria’s first 55 years of independence to accumulate N12 trillion in debt. The current administration has added more than five times that amount in 24 months,” it argued.
It recalled that Nigeria briefly became almost debt-free externally after the administration of former President Olusegun Obasanjo secured an $18 billion Paris Club debt relief package in 2005 and paid $12 billion to extinguish about $30 billion in external obligations.
oluxy: Yeah! Because they are your sons and brothers. No doubt, northern elders already says, they are their sons and brothers.
Sympathetizer of evils and pampering evils.
Jagaban of Borgu sees them more as his sons and brothers than any other northerner does.
He and his ACN fellows are the greatest sympathisers of evil. No one comes close to them.
EkoIle1: It is now abundantly clear that President Jonathan has finally bared his fangs confirming what was widely speculated. By declaring a state of emergency in Borno, Yobe and Adamawa, he has intimidated and emasculated the governors of these States. We are witnessing a dangerous trend in the art of governance and a deliberate ploy to subvert constitutional democracy.
The body language of the Jonathan administration leads any keen watcher of events with unmistakable conclusion of the existence of a surreptitious but barely disguised intention to muzzle the elected governments of these states for what is clearly a display of unpardonable mediocrity and diabolic partisanship geared towards 2015.
Borno and Yobe states have been literally under armies of occupation with the attendant excruciating hardship experienced daily by the indigenes and residents of these areas. This government now wants to use the excuse of the security challenges faced by the Governors to remove them from the states considered hostile to the 2015 PDP/Jonathan project.
Let me be quick to say that this administration will be setting in motion a chain of events the end of which nobody can predict. Experience has shown clearly that actions, such as this one under consideration, often give root to radical ideologies and extremist tendencies, a direct opposite of the intended outcome of unwarranted and unintelligent meddlesomeness. The present scenario playing out in the country reminds one of the classical case of a mediocre craftsman who continually blames the tools of his trade for his serial failure but refuses to look at his pitiable state with a view to adjusting.
It has become crystal clear, even to the most incurable optimist, that the country is adrift. That the ship of the Nigerian state is rudderless is clearly evident in the consistent and continual attacks ferociously executed by elements often referred to as the insurgents in some northern states of the federation, particularly Borno and Yobe states respectively.
Indeed, no part of the country is immune from the virulent but easy attacks, veritable indices of a failing state. Unfortunately, the tenuous and uncoordinated approach adopted by this government betrays a grossly incompetent disposition which stands at variance with current realities in the country, nay the international community where acts of terrorism are engaged and contained. No Governor of a state in Nigeria is the Chief Security Officer. Putting the blame on the Governors, who have been effectively emasculated, for the abysmal performance of the government at the centre which controls all these security agencies, smacks of ignorance and mischief.
What is there to get about APC politicians promising heaven on earth to grab power and run with it cluelessly like a headless pig 🐖, to worsen things to the point of advising us to sell akara because they fail to create jobs?
anonimi: The eyesore on Bourdillon Road 2nd January 2025
Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.
If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance.
That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.
jogojogo: Sahara rubbish!!! You are just reiterating what Umahi had said. Stop painting an impression to make Umahi look like he knows about the death of Habilah
Was it just an erotic experience gone wrong, or was it an occult sacrifice for the APC politician, knowing how desperate and dangerous they are to fight for and grab power?
Why was the girl killed like a dog
anonimi: What group of politicians is more wicked than A-looter Propaganda Conmen, APC
Judemarco31: Oga forget this false narratives, we know you guys, this is one of the false narratives used during 2023 presidential campaign to discourage Nigerians and Obi's supporters when APC and PDP saw the kind weight Obi was pulling. At the end of the day Obi won and was rigged out, Thank God El rufai later confessed publicly that Obi won and how he was rigged out. We know you guys bro, that false narratives won't fly this time around .
When, where and how did your El Rufai confess publicly that naive Obi won
Mrfeel: Are you not contradicting what you are saying, you say there is no zoning then went on to say nobody will give southern candidate a chance to do 8 years, extending the years of southern presidency to 25 yrs why is that? Cause there is zoning south/North?
Constitutionally there is no zoning, my point again is within the political party structure as I mentioned earlier, everyone within the APC party knew tinubu was the right person for that ticket that doesn't mean they will be no disagreement within a party, tinubu got the ticket cause as he himself said it was his turn within the party to have the ticket cause he paid his dues by supporting buhari
So within the pdp people from the south east at that time said it was their turn to have the ticket cause they from the region gave their overwhelming support to the party, that is the point, I didn't say the won't be opposition ,
How does stating arithmetic fact of years equal to contradicting myself in YOUR zoning logic?
Is this the beginning of the end for the worst group of rogue politicians in Nigeria
What has APC achieved of the many things they promised 11 years ago when Tinubu begged Buhari out of retirement to make Jonathan a one term president?
anonimi: Petrol should never cost more than N70 per litre, says APC
January 19, 2015
The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.
On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.
But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.
It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.
enda1992: You can't be in another party and still be endorsing someone from the opposition party. He should know that as long as he fails to support Gbenga Hashim, he will not also be supported.
What is the electoral value of Hashim and Accord party in Osun state to warrant this statement
Gbogbo oya ni o fe pe ara re ni odu.
If Wike and Amupitan did not destroy PDP, why would Adeleke be in Accord party?
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
Pollion: Dr. Gbenga Hashim continues to demonstrate commitment to democratic values, party unity, and institutional reforms. Nigeria needs leaders with this level of vision.
If he has all these values, why is he not contesting as a federal lawmaker? Or why is he not content with being a democratic rights and governance advocate without seeking public office?
Mrfeel: Your questions are out of context to what I'm saying, I'm talking about what goes on within a party , and even when it comes to general there's zoning between the north and the south, when the north is president the south goes for vice it's the norm , so what I'm talking about is within the party structure, tinubu got the APC ticket cause within the APC agreement within themselves it was his turn and the gave it to him
The APC agreement that proposed Lawan as consensus candidate before Tinubu fought his way to the top of the ticket?
There is no zoning, otherwise people from different zones will not contest each election since 1999. Abi you know any zone that did not have a presidential candidate in the elections since 1999?
Moreover, nobody will give another southern candidate a chance in 2027 to do eight years thereby extending the years of southern president to 25 years compared to 11 years by the north in 2035.
Did Obasanjo not try and got a 2nd term even though he promised to do a term? Did Jonathan not try and fail to get a 2nd term even though he also promised to do a term
Mrfeel: No igbo rejected him as real igbo or not rather, they insist since the south south already produced a president, the south east should be giving the ticket
Who gave the south west and north the ticket in 2003 and in 2007 when Ojukwu contested?
Who gave the south west the ticket in 1999 and in 2003 when Ekwueme contested?
Have south east politicians not contested every election as president since 1999?
In which of our japa countries do they use tribalistic zoning and rotation to share the national cake of corruption? In America, Britain, Canada, UAE, Qatar etc
Rocky247: One thing I notice about Amaechi for long is that he's not politically intelligent and anytime he speaks on important issues he always proves me right
He is truly not a good orator who can say things in a way that can't be exploited to his disadvantage. He could have said here that he REMAINS an Igbo man in Ikwerre land is spite of those who reject his Igbo identity for their own political manipulation.
In that regard, he is like that GRV Igbo boy who is desperate to be Lagos governor.
otrasane: "I Stopped Calling Myself Igbo! The Igbos Denied Me Because of ADC VP Ticket. "I Won't Accept Until the Igbos Say It Publicly" – Rotimi Amachi
Former Rivers State Governor and former Minister of Transportation, Rotimi Amaechi, has stirred fresh political debate with a candid statement about his Igbo identity during the 2026 Abuja Igbo Fest.
Amaechi said he stopped referring to himself as an Igbo man after the controversy surrounding the ADC vice-presidential ticket, claiming he felt rejected by some Igbos. He further stated that he would only embrace the identity again if the Igbo people publicly acknowledge and accept him.
The bold part is for those who don't know how to read and understand what is written.
Judemarco31: That's an organic support for Peter Obi and not all these Tinubu/APC's rented supporters and data bois. During the 2023 Presidential campaign, I released the full music instruments from the Hotel I was managing, including my DJ and Motor for Obi's road rally in my area then.
Unfortunately, it was all to help the master strategist of Nigerian politics get his turn to worsen APC extreme poverty and insecurity.
lexylaw40: The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
The governorship candidate of the Labour Party (LP) in Oyo State, Tawfiq Akinwale, [/b]on Wednesday [b]stated that the “President-elect” Bola Tinubu asked popular economist, Prof Pat Utomi to step down for Peter Obi in the buildup to the 2023 general elections.
Akinwale made this revelation while he appeared as a guest on a radio programme on 101.7 YES FM, Ibadan, Oyo State, while alleging that Obi received campaign funds from Utomi, whom he described as Tinubu's "son."
The LP aspirant, who spoke in Yoruba language, said "In the buildup to the 2023 elections, Obi who had purchased the nomination form of the Peoples Democratic Party (PDP), suddenly announced his exit from the party.
"Initially, Pat Utomi had secured the LP's presidential ticket, but when Peter Obi said he resigned from the PDP and joined the LP. Bola Tinubu, a master political strategist, quickly told Utomi, that everyone knows to be his son to step down for Obi.
"The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
"What Peter Obi didn't know is much more that what he knows, he started collecting campaign funds from Utomi, while Tinubu was giving the money to Utomi.
"This went on until Obi's presidential campaign got to a stage it went beyond target. Obi was used without him knowing," Akinwale said after announcing his departure from the party.
Obi defected to the LP after resigning his membership of the Peoples Democratic Party (PDP) and also withdrawing from the presidential race under the party.
The former governor consequently joined the race for the party’s presidential ticket, while Professor Pat Utomi, in June 2022 stepped down for him to emerge as the presidential candidate of the Labour Party, LP, unopposed in Asaba, Delta State.
Lagos, 3 other African cities rank among world’s least liveable in 2026
July 15, 2026
Four African cities have been ranked among the world’s 10 least liveable urban centres in the Economist Intelligence Unit’s (EIU) Global Liveability Index 2026, reflecting the continued impact of insecurity, pressure on public services, infrastructure gaps and governance challenges.
The annual index assessed 173 cities across five indicators: stability, healthcare, culture and environment, education, and infrastructure. Each city received a score out of 100 based on how well it performs across these areas.
This year’s rankings placed Harare (Zimbabwe), Lagos (Nigeria), Algiers (Algeria) and Tripoli (Libya) in the global bottom 10, alongside cities affected by conflict, economic challenges and weak infrastructure.
Image123: Errr, because no be statistics we wan chop. Tinubu is not chasing hype but legacy.
This type of legacy in Lagos after 27 years of looting 100 times increase in budget to N4.2 trillion
Lagos, 3 other African cities rank among world’s least liveable in 2026
July 15, 2026
Four African cities have been ranked among the world’s 10 least liveable urban centres in the Economist Intelligence Unit’s (EIU) Global Liveability Index 2026, reflecting the continued impact of insecurity, pressure on public services, infrastructure gaps and governance challenges.
The annual index assessed 173 cities across five indicators: stability, healthcare, culture and environment, education, and infrastructure. Each city received a score out of 100 based on how well it performs across these areas.
This year’s rankings placed Harare (Zimbabwe), Lagos (Nigeria), Algiers (Algeria) and Tripoli (Libya) in the global bottom 10, alongside cities affected by conflict, economic challenges and weak infrastructure.
A 45-year-old resident and father of three, Mr.Fatai Lamide told PUNCH HealthWise that no building in the community has toilet facilities.
The Oyo State-born mechanic said, “We don’t have toilet in this area, including our compound. This canal that you see serves as toilet to all of us living in this area. We defecate inside nylon and throw it inside the canal.
“For people that don’t want to use nylon, they have a special bucket that they use after which they pour it inside the canal too.
ElSudani: Government to employ 250 million Nigerians? No, the job of the government is to provide the enabling environment for the private sector to create jobs and get millions of Nigerians employed.
How will that happen if government fails to employ enough well paid professionals for law and order, safety & security, education, waters and electricity supply, road maintenance etc
Image123: Find pikin to lie to. years of PDP prosperity, peace and security with cheap petrol, cheap dollars, low unemployment, low debt burden, high productivity etc that made us the biggest economy. You think we were born 20 years ago? Rebasing.
Why did Tinubu's rebasing fail to have the same impact?
Na how many pikins Wale Edun dey lie to for here
A-looter Propaganda Conmen, APC is the party of the worst liars.
thisweekng: The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.
He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.
He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.
“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.
“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.” Private sector to drive the economy
Eriokanmi: There should be a book published with the title The Menace of Sentiments-Induced Voting in Nigeria, The Tinubu Model
A lot of our vibrant youths had died as a result of the above between 2023 and now, home and abroad.
Is it just emotions, or it is vote-buying and politician-bribing with money saved from subsidy removal, as well as loans taken despite bragging about August revenue target?
Buying votes from deliberately impoverished paupers who are barely educated to be employable!
"I know of States that have received over 500 billion Naira from the Federal Government as palliative, but I have never received anything.
I think the reason I don't get it is because I'm not in APC.
NaijaRoyalty: …Says Buhari doesn’t have my kind of money
However, Buhari doesn’t have the kind of money I can steal neither does he have the money I can collect. He doesn’t even have the money for Lagos votes. So, whatever I promise, it’s for real and is coming from my pocket. It’s not until I go to Alausa before I get money to give you.”
Addressing APC supporters on the need to deliver votes, Tinubu said handsome cash rewards await those who can deliver votes for the party.
He said he would not make mistakes of the past where people would collect money in advance and not deliver on election day.
Tinubu added, “Those of you that say you come to Bourdillon for mobilisation, it is mobilisation that we are doing here or don’t you understand? Definitely, if you know people in your neighbourhood, our members, how we used to do.
WriterrNg: So why are you blaming Russian government for this when they have no hand in it? Why aren't you blaming the fake agents perpetrating the scams? From my investigations, they are even Indians and Bangladeshis. Russia sits on a continent with over 3 billion people. You think they're running short of people to fight for them? You think Russia will leave Syria, Libya, Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, China, North Korea, India to recruit from and come all the way to Africa to recruit? Even if you're a dullard, don't you know it'll cost them more money to recruit from far away Africa than to recruit from bordering countries? You think the recruits will trek to Russia?
The Russian army is not part of the government?
And you know who is a dullard, right?
Is it Indians and Bangladeshis who also came to raid slaves in Africa for 400 years, selling them to oyinbos for alcohol, tobacco, firearms, mirrors, umbrellas, fabrics etc?
Are they the ones who insisted on continuing the criminal sale after the whites changed their mind with abolition?
anonimi: The often cited biography titled Madame Tinubu: Merchant and King-maker, authored by Nigerian historian Oladipo Yemitan, paints her views regarding slave trading.
On one occasion, during her final sojourn in Abeokuta, she was alleged to have sold a young boy into slavery and was accused of it. When arraigned before Ogundipe Alatise over the matter, she reportedly explained: 'I have a large house-hold and I must feed them well. I need money to do that, that's why'.
— Oladipo. Yemitan, 'Madame Tinubu: Merchant and King-maker'
Another section of Yemitan's Tinubu biography, referred to as the Amadie-Ojo Affair, captures a slave trading deal gone sour in 1853 (notably after the 1852 Treaty abolishing slavery in Lagos) wherein Tinubu tells another slave trader (Domingo Martinez) that "she would rather drown the slaves [20 in number] than sell them at a discount".
Why did the Japanese stop the sale of their own people as slaves, unlike us? Has anything changed even now about us selling ourselves to oyinbos and Asians for cheap
Japanese slave women were even sold as concubines to Asian lascar and African crew members, along with their European counterparts serving on Portuguese ships trading in Japan, mentioned by Luis Cerqueira, a Portuguese Jesuit, in a 1598 document.
Japanese slaves were brought by the Portuguese to Macau, where some of them not only ended up being enslaved to Portuguese, but as slaves to other slaves, with the Portuguese owning Malay and African slaves, who in turn owned Japanese slaves of their own.
Hideyoshi was so disgusted that his own Japanese people were being sold en masse into slavery on Kyushu, that he wrote a letter to Jesuit Vice-Provincial Gaspar Coelho on 24 July 1587 to demand the Portuguese, Siamese (Thai), and Cambodians stop purchasing and enslaving Japanese and return Japanese slaves who ended up as far as India. Hideyoshi blamed the Portuguese and Jesuits for this slave trade and banned Christian proselytizing as a result.
Would we have it this bad if All Promises Cancelled, APC leaders looters did what they said when Tinubu begged Buhari to come out of retirement and make Jonathan a one term president
anonimi: Petrol should never cost more than N70 per litre, says APC
January 19, 2015
The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.
On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.
But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.
It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.
Deltafirstson: Although the pump price of fuel was N197 when President Bola Tinubu took over on May 29, 2023, the product now sells for N617 per litre – less than two months after.
In his inaugural address, Tinubu announced that subsidy was gone, fulfilling a promise that all leading presidential candidates made during the campaign.
Nigerians have been lamenting the hardship occasioned by fuel price hike. Amid the lamentation, a video where Tinubu campaigned to slash the price of fuel went into circulation.
Checks by Daily Trust affirmed the authenticity of the video uploaded on the YouTube page of Channels Television.
At his campaign rally in Abeokuta, Ogun State capital, on January 25, 2023, Tinubu spoke on a number of issues, but those of fuel scarcity and naira redesign made the headlines.
However, Tinubu who spoke in Yoruba language, also assured the crowd that though people were saying petrol price would hit N200, it would be reviewed downward under him.
“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax, we will bring it down,” he had said in the 7th minute of the video.
ScamDemicEra: ... poor guys fighting the wrong enemy in the wrong war !!
Na so Stockholm syndrome dey make person. Instead of fighting for good governance here, we are using tribalistic sentiments to share the national cake of corruption on zoning and rotation basis.
WriterrNg: Lookup how many Nigerians are fighting for America against Iran. I bet it'll fill the entire thread. Even Nigerian actors & actresses are joining the US army. In a few weeks I'll be posting information of the hundreds of Nigerians that are now fighting for Ukraine.
Are they joining the American army to help the clueless balablu bulaba master strategist drop bombs on innocent northerners on Christmas Day under the guise of fighting Muslim terrorists accused of Christian genocide?
givedemwotowoto: Christian ‘Genocide’: I want Trump to order more U.S. military strikes in northern Nigeria; Christmas Day bombing was blessing, says Tinubu
Nigeria is looking forward to collaboration….We are expecting that there will be more,” Mrs Tinubu stated. “It was quite a blessing.
Why can't the four enjoy Tinubu's akara and daily bread palliative outcomes of his renewed hope agenda, which was praised by NOI as having stabilised Nigeria after eight years of destruction by the Buhari that was begged out of retirement by the master strategist to make Jonathan a one term president, thereby ending 16 years of PDP prosperity, peace, security, cheap petrol, cheap dollars, low unemployment, high productivity etc
A large crowd of Lagosians was filmed in a long queue struggling to collect a loaf of bread. To maintain order, several military personnel were on the ground to control the crowd. This has triggered a lot of reactions online.
Watch the video, share your thoughts in the comments.
ElSudani: God bless you for this wonderful comment.
What is wonderful about a Stockholm syndrome comment that shifts responsibility from governments to employ well paid workers to provide services and utilities that make the economy grow
Image123: You missed the point. Money dey. We have the highest reserves in decades BTW. i'd rather take the so called debt and have our electricity problem solved, than be lending money to IMF, like some clown OAP was whining about, and wallow in darkness and illiteracy.
Was there no money in Nigeria before 2015 when Tinubu begged Buhari to come out of retirement and make Jonathan a one term president? That was how Tinubu ended 16 years of PDP prosperity, peace and security with cheap petrol, cheap dollars, low unemployment, low debt burden, high productivity etc that made us the biggest economy.
What do we have now?
Worse insecurity, extreme poverty, hyperinflation, high unemployment to the extent that Tinubu's wife is advising us to sell akara because her husband is clueless about creating 50 million jobs promised. Is that how the master strategist will repay his huge debt burden on Nigeria? Abi that is how he will make Nigeria a trillion dollar economy in four years?
Must every one of his followers be a balablu bulaba olodo like him in reasoning too
insidelife22: This kind of government I never see am this kind of government na Apc. They are wicked and has no conscience.
You have said it all about All Promises Cancelled, APC leaders looters. They are the most wicked and demonic.
Can you imagine Tinubu's wife advising us to fry akara because her husband failed to create jobs as promised, while they brutally tax us even more to increase their own luxury.
chisomkachy: Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.
The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.
Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.
The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.
Na so oh. From Lagos to the entire country with a trail of looting and wreckage.
BeeBeeOoh: The First Lady of Nigeria, Oluremi Tinubu, has urged Nigerian youths to be hard-working, saying, “There is no food for lazy man.”
Mrs Tinubu said this during a courtesy visit to the palace of Ooni of Ife, Oba Adeyeye Ogunwusi, in Ile-Ife, Osun State, on Thursday.
She noted that while the Tinubu-led administration is working hard to provide sustainable solutions to the current challenges facing the country, Nigerians should also work hard to provide for themselves.
The first lady maintained that the government will do all it takes to ensure that Nigerians are not disappointed and called for patience with Tinubu’s administration.
Mrs Tinubu said: “There is no food for the lazy man; even God worked for six days and rested on the seventh day.
“Nigeria is a land that’s flowing with milk and honey, but we need to sustain it for generations to come.
“God has richly blessed my family before getting to the presidency and we are content with what we have.
“What is happening in the country, we are just two years into our administration, we are not the cause of the current situation. We are trying to fix and secure the future.
“I have embarked on several journeys but it seems that people are not seeing what God is doing in the land. Nations across the globe want to do business with us, legally, on the table. There is a government in power now that they know it is accountable.
“We are trying all our efforts to ensure that the economy is stabilised and the masses are living meaningful lives since the removal of fuel subsidy.”
She wants us to work hard to pay taxes for her family to steal and flex in luxury. Na who be their mumus
chisomkachy: Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.
The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.
Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.
The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.
Nefort: Even if she is not a first lady or a Nigerian she is still welcomed.
Abi o, even if she is asking people to fry akara because her husband failed to create promised jobs, since we be ogbonge incurable Stockholm syndrome sufferers, not so
Politics › Re: PFIPC: We opened 2 foreign accounts on the Accountant-General's directives – CBN by anonimi: 6:12am On Jul 21
