Gboom: Is it not after endorsement that babi iyabo wrote book to downgrade pa atiku? So deceiping yaself pa atiku doesn't have financial muscle again to win presidential election
Obasanjo's My Watch book was published in 2014, that is five years before his 2019 endorsement of the man who saved his 1999 bankrupt, ex-convict ambition in 2003. That was two years after the murder of his AGF Bola Ige, for which nobody was prosecuted and convicted.
Atiku does not need financial muscle to take us back to PDP prosperity. Those of us who are tired of Tinubu and his A-looter Propaganda Conmen, APC extreme poverty and insecurity shege will provide financial and moral muscle for his campaign.
aieromon: According to sources available to us that time, Obasanjo said he will do a single term but after that, he decided to go for second term. I was physically present at Rivers state Governor’s Lodge when the heat became too much and Obasanjo in the presence of all of us knelt down in front of Atiku begging him to allow him do a second term. I think that was how Atiku missed the opportunity by agreeing to Obasanjo’s plea. His thought was that at least, if Obasanjo completes his second term, he will hand over to him but you all know the story of Third Term Agenda and that was how they fell apart. Atiku had the best opportunity to become president in 2003 and lost it. He had the support of PDP governors then.
Around November 2002, 15 of the 21 Governors from the PDP including me, had an ad hoc meeting at my lodge in Abuja to decide who should be nominated by the Governors Committee for election by PDP as the presidential nominee for the 2003 Election.
The Governors Committee decided almost unanimously to get a new candidate instead of President Obasanjo as the Committee was of the view that because of his military background, he was intolerant of dissent and had displayed very dictatorial and vindictive tendencies against those he perceived to be independent-minded and disloyal to him.
Immediately after the Governors meeting, I led the delegation of Governors to meet the then PDP Chairman, Chief Audu Ogbeh, at his residence around 2 am.
As the leader of the delegation, I spoke and communicated the views of the Governors to the Chairman, which was that the Governors had decided not to support President Obasanjo as PDPs nominee for the 2003 General Election.
The party chairman tried to persuade us to review our decision but when he saw our resolve, he told us that he would inform the President. I was later informed by Chief Audu Ogbeh that after we left his house he put an urgent call to the President and informed him of our decision.
What then followed were intense consultations before the PDP annual convention which took place in January 2003. Two days before the party convention, the Governors had a breakfast meeting with President Obasanjo.
I recall that at that meeting, the then Vice President Alhaji Abubakar Atiku told the President in the presence of the Governors that he was known to be very dictatorial, vindictive and unforgiving. The President appealed to the Governors to support him and assured both the Governors and the party leadership that if he was allowed to continue for the second term, he would adopt a more democratic approach.
On the basis of the President's assurance, given at that breakfast meeting, I led the move for the Governors to support his presidential nomination for the second term. However, notwithstanding my support for President Obasanjo's nomination for a second term, the President after the nomination, acted very shabbily towards me.
When I met him soon after the convention, he told me that he had learned that I had put forward the view that he was unsellable, unmarketable and unelectable. He then vowed that he was going to make sure that I was unsellable, unmarketable and unelectable.
Atiku Camp - Visit Wikileaks and type the following in the search bar NIGERIA: DID VP ATIKU OUTFOX BABANGIDA AND OBASANJO DURING THE PDP CONVENTION?
According to Adesanya, Atiku met the governors the first day of the convention; they urged him to leave Obasanjo and seek the nomination himself. Atiku demurred; he also deflected the suggestion that he join Ekwueme. Finally, Atiku arranged a meeting between Obasanjo and the now irate governors. The governors railed that Obasanjo was hypocritically pursuing them for corruption, while turning a blind eye to corrupt politicians within his own Administration. Atiku supported the governor's position, telling Obasanjo that significant corruption was not the exclusive ambit of the governors and that serious transgressions occurred in the executive branch: he said it would be unjust to focus exclusively on gubernatorial excesses. Assuming the role of mediator, Atiku then asked both sides to affirm their mutual support and cease the antagonism being fueled by elements that wanted to destroy the PDP. The governors agreed to bury the hatchet, if Obasanjo would shelve the dossiers. Having demonstrated his influence with the governors, Atiku continued to play coy with Obasanjo.
In the end, Atiku extracted an extraordinary concession from the President. Obasanjo agreed to relinquish the entire domestic agenda to Atiku, including the appointment of key economic policy-makers. Since Obasanjo focused on the world arena during his first term and aspired for recognition as an international statesman, Atiku said that is where he would like Obasanjo's attentions to remain. Obasanjo would serve the role of a "super Foreign Minister" and ceremonial Head of State. As Adesanya understood the agreement, Atiku would be allowed to direct domestic economic policy while Obasanjo busied himself with debt relief, NEPAD, conflict resolution and other measures to shore up Nigeria's image abroad.
OBJ camp - visit Wikileaks and type the following in the search bar NIGERIA: DIFFERENT INSIDER VIEWS ON THE PDP CONVENTION
The President was dazed, Abayomi recalled. Jarred by the unexpected possibility of defeat, the usually know-it-all Obasanjo eagerly solicited counsel on how to escape the closing vise. Early that day, the dominant theme was to seek a court injunction postponing the convention. Proponents suggested the delay to afford Obasanjo time to marshal support and undermine Ekwueme's momentum. However, this idea was ultimately discarded, partially because of apprehension over the public's reaction. More importantly, the push for an injunction became less urgent when the President's advisors began to sense their man was regaining ground by the hour.
The President owed much of his recovery to his own tenacity and, at times, shamelessness. He pulled out virtually all the stops to clinch the nomination, according to Abayomi. For most of that day, the President's diet consisted of liberal portions of humble pie. The President pleaded and cajoled; on at least two occasions his eyes welled with emotion as he pursued fence-sitting delegates and governors. However, Obasanjo saved his best to keep Vice President Atiku from defecting.
With rumor swirling that Atiku would opt to run with Ekwueme, Obasanjo wasted no time visiting the Vice President's residence. Obasanjo begged, declaring he would not leave Atiku's home unless the Vice President accompanied him to win back the delegates and governors. The performance had the desired effect. Atiku joined Obasanjo in publicly lobbying the conventioneers. While it might not have been Obasanjo's finest hour it was the defining moment of the convention. What had been a suspenseful contest would now turn into a rout.
I want to sell a script to a Hollywood studio. The story is about a guy who owns a farm that constantly runs at a loss but never quite shuts down.
The farm is massive and underutilised, and the protagonist has all the opportunities in the world to improve its output and get a bumper harvest.
He has access to credit, machinery, free irrigation and gifts from neighbouring farmers, but all he ever does with these things is drink and smoke them away while his family suffers.
Nigeria has refused to grow up and achieve something, but it somehow feels as if it is living vicariously through the achievements of its estranged children around the world
Apart from drinking, smoking and generally being utterly useless, his other pastime is to pump out children at an industrial rate. Needless to say, he takes no care of his children whatsoever, and many of them fail to survive childhood.
Those who do survive have to leave the farm and hire themselves out as hired labour to the neighbouring farmers, having picked up some survival skills from home.
With time, a number of them rise through the ranks and become senior managers, directors and even shareholders in these other farms while their father continues mismanaging his farm.
When good news about some of these successful children gets home, their father is filled with pride and joy, but when they end up on the wrong side of life, he acts as if he never knew them.
The successful ones make efforts to revamp their childhood home by sending back money and volunteering their skills and time, but all this guy ever wants to do is be a 62-year-old underachieving idiot carried through life by charity and luck.
Famzing” diaspora success is dishonest I’m sure before the end of the second paragraph, you figured out whose story I was telling. The 62-year story of post-independence Nigeria — which the Hollywood studio would surely reject for being too sad with no redemption — is that of our fictional antihero.
Nigeria has refused to grow up and achieve something, but it somehow feels as if it is living vicariously through the achievements of its estranged children around the world.
Remember how everyone from corporate brands to Abike Dabiri made a big song and dance about supporting Anthony Joshua the “Nigerian,” whose only chance to become someone in life came when his parents emigrated from Nigeria?
Remember how things turned when he somehow lost against that chubby Mexican dude whose name I can’t remember? Remember when the Super Falcons won the female AFCON title and received a congratulatory tweet from the president, only for them to have to stage a protest before being paid their camp allowances?
That’s what we do in Nigeria. We try to live vicariously through the achievements of people who have achieved great things under their own steam, simply because said people happen to be called ‘Ifeoma,’ ‘Efe’ and ‘Ayotunde.’
Even when Nigeria had absolutely nothing to do with said success, or in fact happened in spite of Nigeria, as with Divine Oduduru, we bask in the reflected glory of their personal achievements.
Sometimes when those people wear a Nigerian flag or post something about Wizkid or Jollof Rice on Instagram, we go crazy with the Nigerian flag emojis because oh my god, they identify with us!
This is not about being a Killjoy Somehow, the complete failure of Nigeria and our complicity in its failure is more bearable when we point at Nigerian immigrants doing great things in life and say “I knew Femi before he started calling himself Anthony.
His father and I were classmates in Aiyetoro.” It is unclear how exactly this helps our situation but hey, it’s also unclear how chugging the amount of alcohol we do helps either.
Escapism is a key part of our culture, and anyone who dissents must be a non-Jollof-eating, vegetarian heretic, and possibly also an atheist.
Now while all this is painfully cringey to my eyes, some will also point out that Nigeria is not the only country that has a weird obsession with its diaspora population.
Even ‘first-world’ countries like Ireland continue to have deep emotional and economic connections to their diaspora, and in any case Nigerians proudly supporting Anthony Joshua or the NBA’s Giannis Ante…African-sounding-name is basically harmless fun. They’re not hurting anyone. Why be such a killjoy, David?
The reason this matters can be found in a quote that has been dubiously attributed to Russian President Vladmir Putin, where he describes Africa as the place where its diaspora does not invest in, but returns to only to die and be buried with their ancestors.
While there is no concrete evidence that Mr. Putin ever actually made that comment, the truth in it is painfully poignant.
For diaspora success to be meaningful to Nigeria, it must correlate to on-ground results in Nigeria. The example of Somalia shows that having a well-educated, globally successful diaspora while being an absolute basket case are both possible at the same time.
alanto: Google these companies. Tempo group food paper & packaging ota Obasanjo Holding Limited The bells schools (not secondary that was founded in 1991)
If you have googled them and have evidence of how Obasanjo is more corrupt than Tinubu, then why are you afraid to share the results
anonimi: May Day: Hunger, unemployment, insecurity real— Tinubu
According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”
On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.
Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising living costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.
AWONEYAN: When you think you know how to open yansh... they will open your own mess + Yansh + blokos. Atiku see your life outside
Tinubu see ya smelly life outside.
5 mind-boggling revelations from Obasanjo’s ‘My Watch’
5. Tinubu was one of the most corrupt, of the 36 governors
Obasanjo never got along too well with former Lagos state governor, Bola Tinubu, and unsurprisingly, Tinubu got a mention in the former’s book.
Obasanjo revealed that then EFCC boss, Nuhu Ribadu tried to investigate almost all the state governors during his tenure but that of the 28 confirmed to be manifestly corrupt or tainted one way or the other, Tinubu’s case was one of the worst.
Lagos — ABIA State governor, Dr. Orji Uzor Kalu and his Lagos State counterpart, Asiwaju Bola Ahmed Tinubu would not escape justice but would be made to face the full wrath of the law following their recent indictment for alleged corruption by the Economic and Financial Crimes Commission (EFCC).
Chairman of the commission Mallam Nuhu Ribadu who made the vow yesterday said the duo must account for their stewardship and may be thrown out of office.
If there is anything I can do to help you out, I stand ready to assist.
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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.
Why is he borrowing more than previous presidents despite saving billions of dollars in subsidy removal? Why are roads worse now than when PDP gave us cheap petrol?
Why is Tinubu doing again what he has been doing in Lagos- ruining the state with debts without commensurate government services and utilities despite humongous increase in tax burden on people?
ElSudani: "Nigerians does not need another palliative economy" that is the only thing he said that makes sense. His own proposal is going to create exactly that.
What is Tinubu ruining Nigeria with since 2023, if not the worst form of palliative economy for reckless looting? Is that not the same palliative economy he ruined Lagos with in 27 years of his a-looter master plan?
How can our leaders be different from us? Did they not emerge from our tribalistic zoning and rotation mindset for sharing the national cake of corruption, which cascades from federal to states to local governments in the legislative and executive branches?
ElSudani: I truly don't understand them. Their future and the future of their children has nothing to do with what they call Tinubu yet that is what they focus on, especially the Obidients.
Why are you failing to focus on what Atiku raised in his October 1 speech that has to do with the future of our children? The same policy alternative Atiku has offered repeatedly.
Are you capable of doing that without resorting to the balablu bulaba emptiness of A-looter Propaganda Conmen. APC town hall talk?
"Bola Tinubu should not be ashamed to do what is necessary to lower the price of petrol simply because Atiku Abubakar proposed a government intervention. He should just take the idea, rename it if he wishes, and even take the credit. What matters to me is that Nigerians pay less"… pic.twitter.com/IALgTQk1Hx
Omooba77: Before I forget, you promised Nigerians lower transport fares from October 1. Today is October 1. Did your promise miss the bus?
In your Independence Day speech, you found time to attack my plan to make life affordable. But you did not tell commuters which additional routes became cheaper today, what the fares were before, what they cost now, or how many people can use them. Lower fares on a few routes are welcome, but they do not solve the transport crisis facing the rest of the country. Bola, was this a Yahoo Yahoo promise or a hurried reply to my production subsidy proposal? You advertised cheaper transport from October 1. Today is October 1, and commuters are still asking where they can find the lower fares. Show them the routes and the prices. Nigerians cannot board an announcement. Bola, publish the routes, the fares and the number of people benefiting. Show Nigerians the cheaper journey you promised. My dear Bola, you said the people “cannot wait for tomorrow.” On that, I agree with you. Yet almost every answer in your address was about tomorrow. But Nigerians are hungry today. They pay transport fares today. They need jobs and safety today.
Guestmale: An already down person and who has nothing to lose, doesn't care if things scatter and will be looking for an excuse to create confrontation, the presidency should just ignore AA and his media and move on.
Where will Tinubu move on to? More propaganda lies as he labours in vain to use balablu bulaba clueless town hall talk to cover up his gross incompetence that has worsened everything in the last three years
anonimi: Nigeria remains fourth largest economy in Africa despite rebasing
July 21, 2025
Nigeria has retained its status as the fourth largest economy in Africa despite a rebasing exercise that expanded the country’s gross domestic product (GDP).
The National Bureau of Statistics (NBS) announced that the economy expanded to N372.8 trillion ($243 billion) in 2024, down from N314.02 trillion in the prior year as more sectors in the informal economy were considered in its calculations.
The statistics bureau adopted 2019 as its base year away from 2010 that’s previously reported.
The rebasing exercise covers the period from 2019 to 2023 and reflects changes in the economy’s structure, sectoral contributions, and data sources.
Despite the overhaul, Nigeria fails to reclaim its erstwhile status as the largest economy in Africa.
According to the International Monetary Fund (IMF), South Africa remains the continent’s biggest economy with a GDP of $410.34 billion for a country with little over a quarter of Nigeria’s population.
Following the Southern African nation is Egypt with a GDP of $347 billion while Algeria maintains its third position having $268.9 billion as the size of its economy.
Although Nigeria’s economy grew 30 percent above the projected $188 billion estimate by the IMF this year, the rebasing was poised to place the economy as the biggest in Africa.
SixSeven: It's funny that Ganduje joked recently that he is Bala (Bola) Ahmed (Amadu) Tinubu (I can't remember what he called that) Now I understand where the Amoda comes from. It's from Ahmed - Ahmadu - Amoda
For all we know, he might originally be a northerner Tapa from Nupe. Those are the ones who were given land in Oshodi. That may explain his Jagaban of Borgu title and why he is always betraying Yorubas and southerners to favour them.
anonimi: How we foiled Jonathan’s effort to make Mulika Adeola Speaker, Akande reveals
AS president in 2011, Goodluck Jonathan did all he could to ensure South West grabbed the country’s number four seat, including lobbying then opposition leaders from the zone, to no avail. The North West eventually grabbed the seat, supported by South West leaders in opposition to then ruling party, the Peoples Democratic Party (PDP).
Former Governor of Osun State and now statesman, Chief Bisi Akande, made this revelation in his autobiography, “My Participations” which is currently dominating political and national dis- course.
Aminu Tambuwal, now Sokoto State governor, won the seat, against the preferred pick of his party, Mrs Mulikat Adeola Akande, from the South-West. Defunct Action Congress of Nigeria, then a fledging opposition, which had Akande and his soulmate, former Lagos State governor, Senator Bola Tinubu, as front- line leaders, openly asked its elected members of the House of Representatives, mostly from the South-West, to work against their region and back Tambuwal from North-West.
The opposition party’s support carried Tambuwal through the contest against Akande, then ruling party’s favourite for the speakership seat.
In his book, Chief Akande revealed that former president then as incumbent, personally reached out to Tinubu, who is now believed to be nursing presidential aspiration in 2023 and himself, but couldn’t convince them.
He wrote, “President Jonathan, immediately after the meeting (with political parties), called Bola Tinubu aside into a lobby to broach the matter of ACN support for a choice of who would become the Speaker of the House of Representatives.
“That same day, President Jonathan talked to me on phone about the same matter. He disclosed that PDP had zoned the position to the South-West but that only one Muraina and another Mulika won elections on PDP ticket from the zone into the House of Representatives.
oneMalik: Call him worst names than that . He's your president and commander in chief . He make you get a pay from Atiku . And any day you're asked his name officially and fail to put it well... you'll fail the interview. So enjoy .
He is a president and commander in chief that has failed woefully in the job he asked for. Why ask for a job that you are not competent for?
What would make any sane person support the worst rogue politician and most wicked looter
Political power is not served in a restaurant. They don’t serve it à la carte. At all cost, fight for it, grab it, snatch it and run with it.
anonimi: May Day: Hunger, unemployment, insecurity real— Tinubu
According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”
On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.
Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising living costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.
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.
Namaster: It's INSANE that the "Smoking Gun" of the PRIMARY opposition in the 2027 Presidential Election is MISNAMING the President. FUNNY peeps.
Why don't you tell us the correct name of the man whose mother is Mogaji but he answers Tinubu? Any idea why the brilliant guy who skipped primary and secondary schools, chose the name of a notorious slave trader instead of Mogaji?
Do you know if he adopted the name just before he went to Chicago as Reno's drug lord or after?
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".
Chivisee: I swear to God I said it that if dss or Nigeria police force did not arrest this guy before 24hours, Nigerian will turn to another thing! Do you know that virtually all obi people was using the video to threaten Nigerians and Apc that anybody that dares Ndc, will be gunned down ??
Why are you failing to share one of the instances where all Obi people are using the video to threaten Nigerians….
chisomkachy: The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.
Naija News understands that the anti-graft did not give any particular reason for its application for withdrawal.
Following the application to withdraw, Justice Nicholas Oweibo discharged the ‘lien/Post No Debit’ placed on Obasa’s three accounts in Standard Chartered Bank.
The accounts are (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.
The judge also set aside the ex-parte orders he made on September 15, 2020, which led to the freezing of the accounts.
Recall that the court on September 15, 2020, granted an interim order freezing Obasa’s accounts following the EFCC’s application in a suit marked FHC/LCS/1064/2020.
The agency had said it was investigating the Speaker for the alleged offences of conspiracy, diversion of funds, abuse of office and money laundering.
But Justice Oweibo, on August 16, 2023, heard the application to unfreeze the accounts in his chamber.
During the hearing, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Obasa was represented by Mr. Adeyinka Olumide-Fusika (SAN).
The EFCC lawyer told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the 1999 Constitution (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.
Section 44 of the Constitution concerns constitutional rights to property.
Justice Oweibo held: “It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the ex-parte orders of this court made on the 15th day of September 2020 upon the ex-parte motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:
“ACCOUNT NAME, FINANCIAL ACCOUNT INSTITUTIONS, TYPE OF ACCOUNT, 1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063 2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056 3. Mudashiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.
“Issued at Lagos, under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August 2023.”
Ezeama400: If you haven’t traveled outside Nigeria to good countries you would think you are living a normal life.. Yes there are few Nigerians that are doing well in Nigeria, but what is their percentage? Very tiny. Those doing well are not even safe because the majority of Nigerians who have been hit by acute hunger and suffering are looking for an opportunity to drain the hell out of them by their constant begging/disturbance, while the brutal ones among them would be looking for an opportunity to attack, steal from them and lay their hands on whatever available at that point in time..
Tinubu goes to France almost every month, yet he cares not about the acute hunger and suffering unleashed by his stagflation ofege reforms that squeezes money out of us, so he can steal, loot and bribe politicians with
"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.
Every Member of the House of Assembly Who Agrees to Forfeit His Ticket for the APC Candidate is Currently Being Given N50 Million, and the House of Reps Will Be Given N200 Million With a Car - Galadima
AMINDA: They are rather splurging money in buying off candidates of other political parties who agree to step down. What are they afraid of? Is this democracy?
Every Member of the House of Assembly Who Agrees to Forfeit His Ticket for the APC Candidate is Currently Being Given N50 Million, and the House of Reps Will Be Given N200 Million With a Car - Galadima
dominique: The bolded won't be easy because premier league matches are played 3 times a day on Saturdays, twice a day on Saturday and at least one match on Monday night. There's no way our local league matches won't clash with theirs. What the NPFL board needs to do is to make the league attractive enough for people to want to watch. The Friday night fixture is an excellent idea, I don't think any too European league play at that time
Friday night games is a brilliant idea, to develop a culture for family and friends supporting their home teams, to watch live games.
I hope that NPFL will work on this idea for more big games on Friday night, starting at 6pm or even 5pm, which can serve as a great start for weekends.
Gotocourt: Bandits fighting for their stomach. Very greedy region.
What region is not very greedy? Your region? Which region is yours?
Any chance that we can stop this tribalistic stereotyping that points one accusing finger at others while four point back to our worse attitude in zoning and rotational sharing of the national cake at local, state and federal levels
seunmsg: Do we need world bank to tell us this? Is it not obvious from all indices? Naira has been stable for the past two years. As in, very stable. Foreign reserve is at an all time high, Nigeria stock market is the best performing in the world, ASUU has nor gone on strike in three years, foreign investors are rushing daily into the country, insecurity is at an all time low, and massive infrastructural projects are going on all over the country. The future of Nigeria's economy can't be brighter if we stay the course and refuse to allow poorly educated and desperate politicians to reverse the gains we have made in the last three years.
Do you need the world bank to tell you that Tinubu is ruining our country with the worst form of voodoo economy?
anonimi: March 8, 2013 Nigeria operating voodoo economy – Tinubu
FORMER Lagos State Governor, Asiwaju Bola Ahmed Tinubu, yesterday, dissected Nigeria’s economy and declared that the country was operating a voodoo economic policy that is pauperising the citizenry and urged urgent economic surgery to save the polity.
For instance, Tinubu wondered why the Federal Government is maintaining a foreign reserve of $46 billion with one or two per cent interest and shouldering a load of $42 billion domestic debt, which it services with 16 per cent interest.
“This is voodoo economy,” he said, adding, “they are operating it because they don’t know what to do. It is choking the private sector.
“We must in this country do away with the idea of ‘it is better save the money and spend the people.’ Rather I will say we should adopt the policy of ‘it is better to save the people and spend the fund.’
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.
BondRiv: The comments about Fubara here are hilarious. Some people prefer delusions to reality. This is just the usual preparations for elections. Everyone is carried along. After all, Fubara said he is part of them. APC has no business winning any election in Nigeria.
This is what Atiku failed to do in 2023 and lost woefully when he had another opportunity to easily be president after he messed up in 2003.
You eat the humble pie to fight for power, snatch and grab it before running to deliver governance outcomes promised.
I wonder if the consistent privatisation and deregulation advocate will break the jinx next year, to make life affordable again for us.
aieromon: According to sources available to us that time, Obasanjo said he will do a single term but after that, he decided to go for second term. I was physically present at Rivers state Governor’s Lodge when the heat became too much and Obasanjo in the presence of all of us knelt down in front of Atiku begging him to allow him do a second term. I think that was how Atiku missed the opportunity by agreeing to Obasanjo’s plea. His thought was that at least, if Obasanjo completes his second term, he will hand over to him but you all know the story of Third Term Agenda and that was how they fell apart. Atiku had the best opportunity to become president in 2003 and lost it. He had the support of PDP governors then.
Around November 2002, 15 of the 21 Governors from the PDP including me, had an ad hoc meeting at my lodge in Abuja to decide who should be nominated by the Governors Committee for election by PDP as the presidential nominee for the 2003 Election.
The Governors Committee decided almost unanimously to get a new candidate instead of President Obasanjo as the Committee was of the view that because of his military background, he was intolerant of dissent and had displayed very dictatorial and vindictive tendencies against those he perceived to be independent-minded and disloyal to him.
Immediately after the Governors meeting, I led the delegation of Governors to meet the then PDP Chairman, Chief Audu Ogbeh, at his residence around 2 am.
As the leader of the delegation, I spoke and communicated the views of the Governors to the Chairman, which was that the Governors had decided not to support President Obasanjo as PDPs nominee for the 2003 General Election.
The party chairman tried to persuade us to review our decision but when he saw our resolve, he told us that he would inform the President. I was later informed by Chief Audu Ogbeh that after we left his house he put an urgent call to the President and informed him of our decision.
What then followed were intense consultations before the PDP annual convention which took place in January 2003. Two days before the party convention, the Governors had a breakfast meeting with President Obasanjo.
I recall that at that meeting, the then Vice President Alhaji Abubakar Atiku told the President in the presence of the Governors that he was known to be very dictatorial, vindictive and unforgiving. The President appealed to the Governors to support him and assured both the Governors and the party leadership that if he was allowed to continue for the second term, he would adopt a more democratic approach.
On the basis of the President's assurance, given at that breakfast meeting, I led the move for the Governors to support his presidential nomination for the second term. However, notwithstanding my support for President Obasanjo's nomination for a second term, the President after the nomination, acted very shabbily towards me.
When I met him soon after the convention, he told me that he had learned that I had put forward the view that he was unsellable, unmarketable and unelectable. He then vowed that he was going to make sure that I was unsellable, unmarketable and unelectable.
Atiku Camp - Visit Wikileaks and type the following in the search bar NIGERIA: DID VP ATIKU OUTFOX BABANGIDA AND OBASANJO DURING THE PDP CONVENTION?
According to Adesanya, Atiku met the governors the first day of the convention; they urged him to leave Obasanjo and seek the nomination himself. Atiku demurred; he also deflected the suggestion that he join Ekwueme. Finally, Atiku arranged a meeting between Obasanjo and the now irate governors. The governors railed that Obasanjo was hypocritically pursuing them for corruption, while turning a blind eye to corrupt politicians within his own Administration. Atiku supported the governor's position, telling Obasanjo that significant corruption was not the exclusive ambit of the governors and that serious transgressions occurred in the executive branch: he said it would be unjust to focus exclusively on gubernatorial excesses. Assuming the role of mediator, Atiku then asked both sides to affirm their mutual support and cease the antagonism being fueled by elements that wanted to destroy the PDP. The governors agreed to bury the hatchet, if Obasanjo would shelve the dossiers. Having demonstrated his influence with the governors, Atiku continued to play coy with Obasanjo.
In the end, Atiku extracted an extraordinary concession from the President. Obasanjo agreed to relinquish the entire domestic agenda to Atiku, including the appointment of key economic policy-makers. Since Obasanjo focused on the world arena during his first term and aspired for recognition as an international statesman, Atiku said that is where he would like Obasanjo's attentions to remain. Obasanjo would serve the role of a "super Foreign Minister" and ceremonial Head of State. As Adesanya understood the agreement, Atiku would be allowed to direct domestic economic policy while Obasanjo busied himself with debt relief, NEPAD, conflict resolution and other measures to shore up Nigeria's image abroad.
OBJ camp - visit Wikileaks and type the following in the search bar NIGERIA: DIFFERENT INSIDER VIEWS ON THE PDP CONVENTION
The President was dazed, Abayomi recalled. Jarred by the unexpected possibility of defeat, the usually know-it-all Obasanjo eagerly solicited counsel on how to escape the closing vise. Early that day, the dominant theme was to seek a court injunction postponing the convention. Proponents suggested the delay to afford Obasanjo time to marshal support and undermine Ekwueme's momentum. However, this idea was ultimately discarded, partially because of apprehension over the public's reaction. More importantly, the push for an injunction became less urgent when the President's advisors began to sense their man was regaining ground by the hour.
The President owed much of his recovery to his own tenacity and, at times, shamelessness. He pulled out virtually all the stops to clinch the nomination, according to Abayomi. For most of that day, the President's diet consisted of liberal portions of humble pie. The President pleaded and cajoled; on at least two occasions his eyes welled with emotion as he pursued fence-sitting delegates and governors. However, Obasanjo saved his best to keep Vice President Atiku from defecting.
With rumor swirling that Atiku would opt to run with Ekwueme, Obasanjo wasted no time visiting the Vice President's residence. Obasanjo begged, declaring he would not leave Atiku's home unless the Vice President accompanied him to win back the delegates and governors. The performance had the desired effect. Atiku joined Obasanjo in publicly lobbying the conventioneers. While it might not have been Obasanjo's finest hour it was the defining moment of the convention. What had been a suspenseful contest would now turn into a rout.
malali: Nigeria’s energy policy needs a reality check. While governments around the world are taking emergency measures to cushion citizens and businesses from the Iran-driven energy shock, Nigeria appears far too comfortable watching the consequences pass straight through to consumers. More than 100 countries have introduced measures to deal with the energy crisis. Governments have cut fuel taxes, released strategic reserves, introduced price brakes, eased transport costs and provided targeted assistance to industries and households. Austria introduced a petrol-price brake. Australia released petrol and diesel from reserves. Turkey reduced fuel taxation. The G7 has now agreed to release 100 million barrels of oil and diesel to help stabilize markets. What is Nigeria doing? Fuel prices feed directly into transport costs, food prices, logistics, manufacturing, construction and ultimately household purchasing power. The answer doesn't necessarily have to be a return to the old petrol subsidy system. There are other tools: temporary fuel-tax relief, strategic reserves, targeted transport support, emergency diesel measures for critical industries, accelerated domestic crude supply, competition enforcement, and transparent rules governing refinery and import markets. The objective should be simple: Protect Nigerians from an extraordinary external shock without recreating the structural problems of the old subsidy regime. What Nigerians should not have to accept is a government standing on the sidelines while petrol and diesel prices work their way through every single corner of the economy. There is an energy-security problem, and Nigeria needs an energy-security response. All the painful reforms implemented by Tinubu’s economic team, Cardoso, Edun and Oyedele, risk being undermined by one major problem: uncontrolled petrol and diesel prices. You cannot fight inflation with monetary policy while allowing energy prices to become a massive inflationary shock. The CBN is cutting interest rates just as fuel costs threaten to push inflation higher. That makes little sense to me. Petrol and diesel don't just affect motorists. They affect transport, food, logistics, manufacturing, electricity and virtually every business in Nigeria. You cannot put out an inflation fire with one hand while pouring petrol on it with the other. If energy prices are allowed to spiral, what exactly were all these painful reforms supposed to achieve?
The current tenant of Aso Rock is too wicked to care about all these things to make life less difficult for us. Can you imagine how his wife mocked us with akara empowerment as consolation for her husband's failure to create 50 million employments promised. The clueless balablu bulaba town hall clown is too busy stealing money and bribing politicians for his continued power grab.
anonimi: "Tinubu made living in Nigeria expensive. I will make Nigeria affordable again" - Alhaji Atiku Abubakar
Political power is not served in a restaurant. They don’t serve it à la carte. At all cost, fight for it, grab it, snatch it and run with it.
ironheart: They should shut it down. They are not adding any value to the economy
Why shut down the refinery instead of selling it for private investors to add value to the economy, like NNPC's petrochemicals division has been doing since 2006 when it was privatised to Indorama?
anonimi: How Indorama sustains manufacturers, boosts Nigeria’s FX earnings
Indorama Eleme Petrochemicals Limited (IEPL) has emerged as a major value creator in the Nigerian economy. It is responsible for the survival, growth and sustenance of many manufacturing companies in Nigeria today. A large number of plastic and allied firms depend on the Eleme-based company for petrochemical resins (or polymer resins) which serve as their raw materials.
The petrochemical company is just one of the several subsidiaries of Indorama-Nigeria Group, which also comprises Indorama Eleme Fertilizer & Chemicals Limited (IEFCL), Indorama PET Nigeria Limited, and Indorama Port Operations.
Since Indorama Corporation of Indonesia became core investor in the old Eleme Petrochemicals Company Limited (EPCL) in 2006 through privatisation programme of the Federal Government, the group has become a game changer in the Nigerian economy.
The petrochemical company has solved the major challenge facing a number of manufacturers— poor access to raw materials. Rather than scramble for foreign exchange to import inputs, the company ensures that manufacturers have access to their critical raw materials, enabling them to save costs and improve margins.
The major resins used by plastic and allied companies are polyethylene and polypropylene. Indorama produces about 45 grades of these products for various industries. About 600 of such companies in Nigeria depend on IEPL for their survival. They are estimated to have over 90,000 workers.
The Nigerian National Petroleum Corporation has announced that the Port Harcourt and Warri refineries have been successfully re-streamed after a nine-month rehabilitation exercise conducted by its in-house engineers and technicians.
The corporation, in a statement, noted that both plants commenced preliminary production of petroleum products after successful test-runs, adding that while PHRC was ramping up its operation to about 60 per cent of its 210,000 barrels per day capacity, WRPC production was projected to hit 80 per cent of its installed 125,000bpd capacity.
The NNPC said the Port Harcourt refinery was projected to boost the nation’s local refining capacity with a product yield of five million litres of petrol per day, while Warri refinery would contribute 3.5 million litres of petrol.
Providing insight into the rehabilitation exercise, the NNPC noted that it had to adopt the phased rehabilitation strategy after the Original Refinery Builders, who were initially contacted for the project came up with unfavorable terms.
It said, “Though a decision was taken in 2011 to rehabilitate all the refineries using the ORB of each of the refineries, we were impelled to switch strategy after the ORBs declined participation and nominated some partners in their stead who came up with outrageously unfavorable terms.”
The NNPC stated that the nominated partners, as sole-bidders, came up with humongous price offers after two years of thorough and exhaustive scope of work definition and price negotiations.
It added that the proxies were also unwilling to provide post rehabilitation performance guarantees.
The corporation said, “The phased rehabilitation strategy which entailed phased and simultaneous rehabilitation of all the refineries using in-house and locally available resources in line with the spirit and letter of the Nigerian Content Law, also involved the use of Original Equipment Manufacturer representatives to effect major equipment overhaul and rehabilitation.”
The national oil firm said the phased rehabilitation programme, which started in October 2014 after the required funding stream was established, created a 70 per cent reduction in costs which helped largely in mitigating the financing challenges of refinery rehabilitation.
It observed that with the successful re-streaming of the PHRC and WRPC, attention has now moved to the 110,000 barrels per day Kaduna Refining and Petrochemicals Company which was billed to come on stream soon.
saintopus: Dec 06, 2024 The PH Refinery ships its first export of petroleum products to Dubai.
The company is expected to load the cargo in the coming days onboard the Wonder Star MR1 ship, signalling the commencement of operations at the plant and the exportation of petroleum products.
The ship will load 15,000 metric tons of the product, which translates to about 13.6 million litres.
Although the volume coming from the NNPC into the global market is still small, the development has the potential to impact the Very Low Sulphur Fuel Oil (VLSFO) benchmarks in the future while changing the market realities for Atlantic Basin exporters into Nigeria and other regions.
The sulfur content of the export by NNPC stands at 0.26 per cent per wt and a 0.918 g/ml density at 15°C, according to Kpler, a data and analysis company.
The cargo was reportedly sold at an $8.50/t discount to the NWE 0.5 per cent benchmark on a Free on Board (FOB) basis.
Kpler reported that the development would help displace imports from traditional suppliers in Africa and Europe, as Nigeria’s falling clean product (CPP) imports are already decreasing, dragging imports into the wider West Africa region lower as well.
AMINDA: Tinubu is in court begging for the documents to not be released. How can you be litigating against the release of a document and then turn around to gleefully ask for the whereabouts of the same document? Tinubu has not attended UNGA for three consecutive years. Ramaphosa publicly declared that he was ill and despite Russia and China currently being direct rivals to the US and tacitly at war, Xi was in the US a few weeks ago on the invitation of Trump. None of them have controversies surrounding their entry into the US. Tinubu does. Tinubu has diplomatic immunity and will likely not be arrested. Why is he still afraid?
Na why you dey set trap for Bola laik dis?
Shebi Maduro had diplomatic immunity when Trump picked him up from his bedroom with the wife?
Politics › Re: Lawrence Okoro Mocks Atiku With Video For "Being A Serial Contestant" by anonimi: 2:59pm On Oct 07*. Modified: 3:40pm On Oct 07
