huptin: Which governor does not have somebody that hailed their performance?
Me sef dey wonder o.
Only God knows what motivated Bruce to say something different than what many others said about Peter Obi, who is aligned with Tinubu in harassing opposition parties and his anti-people, extreme poverty, stagflation policies.
Dan Ulasi in 2017; "Peter Obi is the worst Governor Anambra State ever had, he turned Awka to a glorified local government"
Dan Ulasi in 2026; "Peter Obi is the best Presidential candidate and he will defeat Tinubu in the North and Southwest"
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja. Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment. He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.
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.
Nigeria’s ‘Biggest Economic Threat’ Is Unemployment, But Data to Guide Policy Missing for 14 Months
Nigeria’s top economic risk for the 2026 economic year is unemployment but the country has not published any official labour statistics to measure its rate since November 2024, FIJ has found.
On Wednesday, the World Economic Forum’s Global Risks Report identified lack of economic opportunity and unemployment as Nigeria’s leading threat for the 2026 economic year.
The report also identified inadequate public services, economic downturn, inequality, and crime as the next four threats to economic stability in 2026.
Unemployment is serious enough for international observers but the National Bureau of Statistics (NBS) has not released Nigeria’s Labour Force statistics, however controversial, since the second quarter of 2024.
SILENCE SINCE METHODOLOGY REDESIGN The NBS has been in the crossfire before for publishing Labour Force Data late in 2023 and 2024. In 2024, the bureau attributed the delay to an overhaul of its survey methodology.
At the time, NBS said it wanted to align Nigeria’s labour statistics with international best practices and ensure data quality and sustainability.
But the resulting data caused chaos. According to the NFLS published at that time (q1, 2024), only about 4.3% of Nigerians were unemployed. The data introduced new types of labour categorisation in the report.
Per the new method, anyone who works even minimal hours in a week is considered “employed”. The reliability of official figures was questioned by labour unions, business groups and even economists.
The Nigerian Labour Congress (NLC), for instance, described the reported employment statistics as unrealistic. Chris Onyeka, the NLC’s National Assistant General Secretary, called the report a “voodoo document” and a “fabrication designed to mislead the public”.
Similarly, Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry (LCCI), said, “The technical improvement in the employment rate is more of a way that employment is now calculated; but the reality is that the economy is not looking like an economy where unemployment is significantly reducing.”
Since then, the NBS has not made any attempt to publish labour data.
Trustyourself: Everybody knows you believe Nigeria will be OK
Are these the signs of how our country will be okay?
NLCreator: Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has defended the purchase of sports utility vehicles (SUVs) for members of the national assembly.
There have been reports that the leadership of the 10th national assembly has bought SUVs for all lawmakers.
Each SUV is said to be valued at N160 million.
The LP had asked members of the party in the national assembly to kick against “wastage”.
While responding to questions during a press conference in Abuja on Monday, the former governor of Anambra said the SUVs are not personal cars of the lawmakers, noting that they are for official use.
“Let me start with the issue of Labour Party members in the house. I have actually discussed this issue with them,” Obi said.
“Surprisingly, I can tell you I heard that these vehicles are official cars. They have to use it. It is meant for office.
“So it is not as if it is their vehicle. They said it is official cars and you are meant to use it while you are in the senate.”
Obi also hinted at contesting for the country’s number one position in 2027, adding that Nigeria deserves dedicated and visionary leaders who will lead the country towards a brighter future.
anonimi: Anambra doctors call off strike after 13 months February 28, 2012
After over a year of down tools, Anambra State Government employed medical doctors have finally called of strike. According to Dr. Emma Ekwesianya, Chairman Anambra State chapter of Nigeria Medical Association (NMA), the striking doctors decided to pick up tools again because of the plight of the ordinary people in the societ. “It is true, we have called off the strike. We have just signed the agreement with government about an hour ago. The Secretary to the State Government (SSG) signed for the government. A technical committee, headed by Prof. O.O. Mbonu was set up to execute the agreement.” He confirmed.
“We decided to take the 60 per cent offered by government because of our people. Government has been rigid and we do not want to continue with the rigidity of government. We are serving the people, not government and our people are suffering.” Speaking further, Ekwesianya, revealed that a technical committee, headed by Prof. O.O. Mbonu had also been set up by the association to see to the implementation of the agreement with government sequel to the signing of the Memorandum of Understanding (MoU) with the Peter Obi-led government on Monday.
Chief Medical Director, Anambra State University Teaching Hospital (ASUTH), Amaku, Awka, Dr. Lawrence Ikeakor also confirmed the new development: “Well I’m happy to tell you that the strike has been amicably resolved, even though, like you said, it’s been a prolonged one but suffice it to say that it has been resolved and the doctors have resumed work.” “The call off was yesterday (Sunday). The doctors had some negotiations and held their congress yesterday, during which they agreed to call off the strike. So they resumed duty today. They are in their clinic. Well, I was not privy to the agreement but I will say that our representatives were satisfied with the arrangement, hence they decided to call off the strike.” He disclosed.
Is it not the worst kind of wickedness that APC imported terrorists to destroy Nigeria before Tinubu begged Buhari out of retirement to make Jonathan a one term president?
FSBoperator: All three regional leaders, (Awo, Zik and Ahmadu Bello) wanted to balkanize each others regions.
Yorubas did not oppose Midwestern region unlike how Ibos did everything to block COR region.
A Yoruba man at the regional house in Ibadan was the one who led the motion for a referendum to decide on the creation of Midwestern region.
The majority Yoruba house voted unanimously for such and when the final results were out, another Yoruba man at the Federal Parliament stood up to call upon the federal parliament to ratify the plebiscite.
The entire Midwestern project was conceived by the then Oba of Bini at the regional House of Chiefs from where the issue was quickly passed by a Yoruba dominated house in Ibadan.
The OP is being highly dissenginious in trying to claim Ibos were behind the Midwestern region creation.
Were Hausas agreeable to the creation of Middle Belt region
Ofunaofu: Soludo shouldn’t be engaging in this kind of lamentation over the South-East’s exclusion from the Gas Master Plan after being friends with Tinubu for over 20 years and even declaring total support for Tinubu’s re-election bid.
He should be marching to Aso Rock to demand the South-East’s inclusion, not merely lamenting its exclusion. No na!
The 2010 PDP candidate against Obi is just playing to the gallery, like he did in 2015, to join Tinubu in chasing out their fellow southerner Jonathan and replacing him with Jonathan.
lolaxavier: My attention has been drawn this morning to an article entitled: “Jonathan Replies Soludo over “missing N30 trillion” claim”— extracting from Mr. President’s interview as published by Thisday newspaper.
ThisDay quoted Mr. President as saying that “Soludo said that under Ngozi’s watch they stole N30 trillion” but that since the sum of the federal budget over the last four years was less than N30 trillion, such an amount could not have been “stolen”. According to the President, “it is all political”. I had earlier stated that I would not make further comments on the issues until probably after the elections but since Mr. President has decided to join the fray, I am constrained to make a further brief clarification. For me, President Jonathan is a gentleman and a friend but I have a fundamental disagreement on his management of the economy. On the issues at stake, I believe that the pressures of office and the hectic electioneering campaigns have not allowed him time to read my articles or that his staff have not explained the contents to him hence he totally missed the point in his comments. For the avoidance of doubt, let me clarify as follows: 1. In my article entitled “Ngozi Okonjo-Iweala and the Missing Trillions”, I presented some rough calculations covering: oil theft, money that ought to accrue to stock of foreign reserves, unbudgeted oil subsidy payments, customs duty waivers, leakages through the self-financing government parastatals, unremitted sums by NNPC, etc. I concluded that section of my article by noting that: “I have a long list but let me wait for now. I do not want to talk about other ‘black pots’ that impinge on national security. My estimate, Madam, is that probably more than N30 trillion has either been stolen or lost or unaccounted for or simply mismanaged under your watchful eyes in the past four years”. 2. It is evident that the monies I referred to are “off-budget”. These are monies that did not make it to the budget. I find it funny that the Government deliberately avoided the issues raised above but instead has sought to divert attention by focusing on the “federal budget”. Let me state for the record that I believe that the amount of resources that are either stolen from the economy or out-rightly mismanaged by government far exceeds the federal budget per annum. Ours is about a N100 trillion economy, and I will be shocked if the government pretends that it does not know that currently about 10% of the GDP falls into a ‘black hole’ on annual basis. We have not added figures based on counterfactual analysis such as the cost to the aggregate economy of bad or misguided economic policy. For example, in today’s Thisday newspaper, a headline news reports that “Aliko Dangote, Africa’s Richest Man, Loses $7.8 Billion as Naira, Stocks Plunge” while reporting that “In dollar terms, the devaluation has knocked more than $40 billion off the value of Nigeria’s economy”. Of course, most people predicted that oil prices would soon fall but we were caught unprepared, and today, the parallel market exchange rate is N225 to the dollar. Thus, the kind of analysis in today’s Thisday is just one little example of the kind of collateral damages–‘costs’ or ‘losses’– that mismanagement foists on the system. To repeat, my article did not focus on the federal budget: the mismanagement of the consumption budget and its unprecedented debt accumulation (with low value-for-money expenditures) are entirely different matters. 3. What I found particularly disconcerting as a Nigerian from the comments I read is the fixation to validation from the World Bank. According to Mr. President, “we asked the Minister how her colleagues at the World Bank saw the accusation”. I shook my head in disbelief. It is instructive that no one asked what Nigerians thought or ‘how Nigerians saw it’ but rather what was important to government was the impression of the World Bank. If this is the mind-set of our leaders, then ordinary citizens have real cause to worry. Well, I have read several editorial comments of Nigerian media and they do not agree with the ‘impression’ of the World Bank official. I read a similar comment by a high government official stating that World Bank officials and CNN had told them that government was doing well and therefore who else could question them. But neither the World Bank nor CNN conducts comprehensive independent surveys on the economy— they comment based on the data they are given— and their subjective “opinions” cannot substitute for hard facts. The World Bank is not a statistical agency. I can provide a long list of countries that World Bank reports praised as ‘star performers’ and they slumped into deep crisis almost immediately after. Check out the World Bank and IMF reports on the US and other countries’ economies shortly before the unprecedented global financial and economic crisis in fifty years (the Great Recession of 2008/09). Actually for many countries once they start getting such ‘praises’, then perceptive officials begin to worry. Nigeria is probably the only country where its government officials quote the World Bank while ignoring data from its own statistical agency! A serious concern is that while government relies on external validation (opinion) as ‘proof’ of its performance, it is selective in the process—accepting the positive ones and disparaging the negative ones. Our recent exchanges illustrate the point. In my first article (26th January): “Buhari Vs Jonathan: Beyond the Elections”, I argued that “the economy seems to be on auto pilot, with confusion as to who is in charge, and government largely as a constraint. There are no big ideas, and it is difficult to see where economic policy is headed to. My thesis is that the Nigerian economy, if properly managed, should have been growing at an annual rate of about 12% given the oil boom, and poverty and unemployment should have fallen dramatically over the last five years”. No one has credibly challenged the above, except what the Financial Times of London described as a “furious response by the Minister”. But, the influential Economist Magazine of London and New York Times agreed with us. According to the Economist editorial (7th February, 2015): “… as Africa’s biggest economy stages its most important election since the restoration of civilian rule in 1999, and perhaps since the civil war four decades ago, Nigerians must pick between the incumbent, Goodluck Jonathan, who has proved an utter failure, and the opposition leader, Muhammadu Buhari…. The single bright spot of his rule has been Nigeria’s economy, one of the world’s fastest-growing. Yet that is largely despite the government rather than because of it, and falling oil prices will temper the boom. The prosperity has not been broadly shared: under Mr Jonathan poverty has increased. Nigerians typically die eight years younger than their poorer neighbours in nearby Ghana”. I gave the Government an “F” grade on economic management, and the Economist described its performance as “utter failure”. The Economist also basically agreed with me that the re-basing of the economy and its observed ‘growth’ have nothing to do with government policy. Again, government has not credibly challenged the above or is the Economist’s view also ‘all political ’? Government simply waved it off. My point is that if Government has to rely on the “impressions” of external bodies, then it should be consistent and comprehensive. 4. In conclusion, let me re-state that I firmly stand by my earlier statements. These are weighty statements which I weighed carefully before issuing. I appreciate that this is an election time and so attempts would be made to trivialize, or either play politics with, or divert attention from, them. In a serious society, we should have had a good debate on these matters as they could provide some of the building blocks in trying to pick the pieces after the elections. Part of our citizen duty in a democracy is to raise such issues and demand for answers. In the meantime, I grant that our leaders are busy with campaigns but these issues won’t go away until we have a transparent resolution. Be assured that after the elections, we will be back with even more questions!
What kind of pretentious lamentation is this? Has he not been included in Tinubu APC campaign team? I wonder what percentage of the billions of dollars subsidy savings he received from the master strategist of a-looter propaganda politics, to be part of Bayo Onanuga’s 33 right governors?
"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.
tpain121: For your mind abi ? Atiku is the same as TIfnubu, maybe even worse. Nigeria will not make the same mistake a third time.
So who is not a thief among the viable candidates
Who is not a thief among the politicians in charge of your local and state governments in both the legislative and executive branches since 1999? Any name? Just one name please.
dominique: Full Time Shooting stars 3 Ranchers Bees 1
Shooting stars end their 5 game winless streak and climbed out of relegation zone. Ranchers Bees unfortunately have slipped into relegation. It will be a shame if they go down after all that hefty investment
Nice result even though we lost a penalty kick.
Hopefully we don’t slip up again next match away to Ikorodu City, because that’s how Kanu Nwankwo’s Eyinmba slipped back to lose against Katsina United after winning two home games consecutively.
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.
Chienex24: No be by to push Nigerian league go front page @Op!! As developed as china is, I no fit watch their football league!! Is Nigerian league living up to standard??
WHO will make it up to standard? HOW will it be made up to standard?
uunwanaobong3: SINCE IT IS NOT IRAN AND DOES NOT SUIT THEIR NARRATIVE, WESTERN NGOS AND GOVERNMENT WILL NOT CONDEMN THIS. WESTERN WOMEN RIGHTS ORGANIZATIONS AND FEMINIST GROUPS ARE NOW PRETENDING BLIND....... 😅
What is there to condemn about extreme POVERTY paupers being punished for desecrating a holy place?
Would paupers in any African village be allowed to get away with desecrating a sacred site in ancient times
Kukutente23: I don't understand though How com you are allowed to nack in Al-Jannah but you're not allowed to nack in a mosque Are they saying mosque is holier than Al-Jannah Islamic logic sha
It’s not just about Islam, the more ORGANISED a religion is, the more hypocritical it is.
Shikena: To cleanse you from double standard, I have included your response on Obasanjo's quote on Atiku Abubakar
1 - Have you read Obasanjo's "My Watch"? Where exactly did you find this Page 102 quote?
2 - True, Obasanjo said things about Tinubu but he was never in good terms with him while he was president. If you could defend Atiku on OBJ's assessment of him, Tinubu's should be a no-brainer but you actually (referenced) posted it with no clue that you fully clothed yourself in agbada of hypocrisy.
When and where did Obasanjo endorse Tinubu, like he did for Atiku below, after he must have sobered up from his 3rd term agenda pain against his serial benefactor vice president?
anonimi: If there is anything I can do to help you out, I stand ready to assist.
anonimi: ‘How Atiku saved Obasanjo from near bankruptcy before he emerged president’‘
A new book has revealed how former Vice-President, Atiku Abubakar, saved ex-President Olusegun Obasanjo from near bankruptcy before he emerged president in 1999.
According to the new book, entitled ‘’Too Good to Die: Third Term and the Myth of the Indispensable Man in Africa,’ Atiku made all his resources available for Obasanjo’s presidential campaign.
The book, written by former chairman of National Human Rights Commission, NHRC, Chidi Odinkalu, and Ayisha Osori, author of ‘’Love Does Not Win Elections,” also revealed how Obasanjo beat late Alex Ekwueme to the presidential ticket of Peoples Democratic Party, PDP, in the 1999 election.
Quoting an account from Atiku, the authors said the trio of Ibrahim Babangida, Theophilus Danjuma and Abdulsalami Abubakar wanted PDP to adopt Obasanjo as their presidential candidate “because they considered him the best person for the job.”
“Implicit in their position was their belief that they knew how to manipulate Obasanjo and the fact that Obasanjo did their bidding in 1979. They felt secure that he could be managed again,” the authors wrote.
Atiku was reportedly asked to join a team to Ogun to inform Obasanjo that he was going to run for the highest office in the land.
“When Atiku and Obasanjo discussed the call to serve as president, Obasanjo said he could not be president because he was a nearly bankrupt ex-convict. Atiku, through General (Aliyu) Gusau, paid money into Obasanjo’s account to begin his financial rehabilitation.
“Head of State Abdulsalami Abubakar helped out by granting him an unconditional pardon. Atiku put everything he had at his disposal to support Obasanjo’s emergence as the PDP presidential candidate and, when he joined the ticket as the vice-presidential nominee, continued to make his assets available to Obasanjo and the campaign.
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja. Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment. He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.
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.
Chucks13: Definitely that is the handwork of obi supporters cus they are fake merchant who lives in lies, manipulation, deceit, crime, yahoo yahoo, fraud like their fraudster emperor Lamba.
Tinubu is the master strategist of lies, manipulation, deceit, crime, yahoo yahoo, fraud just like his fans.
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja. Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment. He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.
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.
Sonnobax15: Peter obi doesn't really need to campaign that much. Cuz January election will be sensible Nigerians vs Tinubu/governors. And trust me, Tinubu must faint las las Unless he rig himself in
What would make a sensible Nigerian vote for more of the same destruction that Tinubu has shown us
NLCreator: Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has defended the purchase of sports utility vehicles (SUVs) for members of the national assembly.
There have been reports that the leadership of the 10th national assembly has bought SUVs for all lawmakers.
Each SUV is said to be valued at N160 million.
The LP had asked members of the party in the national assembly to kick against “wastage”.
While responding to questions during a press conference in Abuja on Monday, the former governor of Anambra said the SUVs are not personal cars of the lawmakers, noting that they are for official use.
“Let me start with the issue of Labour Party members in the house. I have actually discussed this issue with them,” Obi said.
“Surprisingly, I can tell you I heard that these vehicles are official cars. They have to use it. It is meant for office.
“So it is not as if it is their vehicle. They said it is official cars and you are meant to use it while you are in the senate.”
Obi also hinted at contesting for the country’s number one position in 2027, adding that Nigeria deserves dedicated and visionary leaders who will lead the country towards a brighter future.
AMINDA: No one wants APC to win more than Wike and it's not because he loves Tinubu. He knows what is coming if Atiku or Obi wins. What he does not realise is that Tinubu will give him a worse treatment than either Atiku or Obi would if he wins his re-election. The disgust Remi Tinubu has for him is no longer hidden. He's between a rock and a hard place. Even Kingsley Chinda will be made to turn against him if he wins Rivers.
Is this what happened in Kaduna to El Rufai after helping the master strategist of betrayals grab power from Buhari in 2023?
Nigeria loses 47% of dollar millionaires, retains 4th position in Africa
Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47 per cent between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth.
Despite the sharp erosion in private wealth, Nigeria retained its position as Africa’s fourth-largest hub for dollar millionaires, with 7,200 millionaires, 20 centi-millionaires (individuals with investable wealth of at least $100 million) and three billionaires, trailing only South Africa, Egypt and Morocco.
The report showed that South Africa remained the continent’s wealthiest country by number of dollar millionaires, with 41,100 millionaires, 112 centi-millionaires and eight billionaires. Egypt followed with 14,800 millionaires, 49 centi-millionaires and seven billionaires.
floss: US government finally gave approval for public knowledge what has been in existence more than 30 decades
30 decades is 300 years, meaning that it has been in existence since before 1726, which is 50 years before America gained independence after many years of war with Britain.
Are you sure you know what you’re talking about here
Bankowner: Technologia! Let's see what China has. Last time I watched a video on YouTube, they are well advanced in flying devices that can be used for public transportation.
Any idea of what Nigeria and other African countries have, since we were better than China 66 years ago?
Bluntemperor: Yinmu People! President Tinubu will promise Everything - partaning to our Lives , Welfare of the Masses , Youths Employments , Industrial Development and Social Services for everyone,etc . afterall 3&half years is not sufficient to Fix Nigeria. Forget about those Opposition rogues, trying to be clever by half! It is only An Imaginary writers like the Obedient and PDP Sympathetisers that are just disturbing these on the Social Media 😔!
Tinubu will promise but he won’t deliver, as he has done since before 1999.
Abi, you were buying petrol less than N185 before February?
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.
jojo1415: So.....make we fry water for u? U paid to hang a failure's picture for us....so that we can be happy and clap for u...so sic
He, his boss and others in their wicked APC party are not expecting us to fry water o.
They expect us to fry Remi Tinubu akara so that we can pay taxes for them to enjoy our sweat in 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.
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