chisomkachy: The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.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.”
The 2018 Rating by Transparency International placed Nigeria at 148th position out of 180 countries. Nigeria was improving over the years under the previous government, until Buhari got elected as president, things became worse.
There is a difference between fact and fiction. We need to face facts, Buhari is worse than GEJ when it comes to fighting corruption, at least that’s what the facts prove.
Most of us believed there was corruption under Goodluck Jonathan’s Government. I agree with those who did, there was corruption, but not as bad as it is today under Mohammadu Buhari.
In 2012, Nigeria was placed at 139th position, In 2014, Nigeria gained 3 steps and was placed at 136th position. Under Buhari, Nigeria has lost many positions down to 148th.
There’s no further proof needed that corruption has worsened under Buhari’s government compared to previous years.
AntiChristian: Some people are just here to blame government for what they don't know! Alhamdulillah, they've been schooled!
See the guy above me, is he aware there are also slums in saner climes?
There are many living in outdoor shelters, cars, some even homeless!
It's baffling when people become perpetually pessimistic!
If you’re aware that there are slums in saner climes, are you also aware that the slums are the same % of their cities like in our own cities?
Is that why we are stealing money from here to buy properties in saner climes? Is that why we are praying and fasting for japa visas to saner climes?
thewinning101: PANDORA PAPERS: Buhari visited Tinubu in corruption-tainted London villa acquired by Oyetola
Governor Oyetola, a relative of Mr Tinubu, may have sabotaged his own country by buying the exotic property as Nigeria made to seize it.
ByNicholas IbekweandTaiwo-Hassan Adebayo October 7, 2021 in Headline Stories, Pandora Papers Reading Time: 8 mins read
It was a meeting of two of Nigeria’s most influential politicians in London – President Muhammadu Buhari was visiting political kingmaker and senior member of his ruling All Progressives Congress (APC), Bola Tinubu.
In July, the presidency announced that Mr Buhari was heading to London for an education summit. The office also added that the president would also see his doctors for “medical check-up”.
Coincidentally, Mr Tinubu, who had travelled to London earlier, was also receiving treatment for an undisclosed ailment in the British capital. So, a perfect setting for both men to meet was created.
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.
anonimi: The migrant crisis in Libya and the Nigeria experience
The drive for survival and for greener pastures has continued to force millions of West African young men and women to gamble with death in attempts to cross over to Europe and other parts of the world. This quest to escape poverty, hunger, unemployment and insecurity, among other reasons, caused a major segment of Nigeria’s population to seek alternatives for better livelihood prospects for themselves and their families.
Those seeking economic survival see irregular migration as the best alternative, given the difficulty and resources involved in migrating through regular and legitimate routes. In many instances, very few of the original number who set out on these dangerous journeys live to tell their stories. While many regularly drown in the Mediterranean Sea, many also die in the deserts, and others are sold as slaves in a modern slave market.
Most of the victims of this trade are from West Africa. Many of them leave home with expectations of getting to Europe and other destinations perceived to have better economic prospects for them, but they end up in the slave merchant nets in North Africa. The victims are put in camps and sold in open markets in Libya, while the international community watches in silence. The geographical location of Libya renders it a transit route for migrants journeying to Italy and many other parts of Europe.
samuelson06: You have money to pull this off but you can't give your people a good life.
What's Sanwo trying to achieve with spending money on Wyclef? When will Nigeria leadership be about the people and not about pleasing themselves and strangers?
Maybe he knows that 20 million Lagosians are just happy to have their tax burden increased for IGR growth without receiving any basic benefit in improving government services and utilities.
Abi, how can one explain that the state budgets N3.4 trillion, unlike its N42 billion budget of a quarter century ago, but has failed to employ well paid engineers, technicians, lawyers, accountants, administrators, billing clerks etc to make ordinary water available to all households?
[quote author=Lanrelagboi post=133655707]Lagos has now crossed the 3 Trillion Naira annual budget mark. Crossed 2 Trillion in 2024.
Memory Lane: the first full-year Lagos State budget (Year 2000) in the 4th Republic was in the region of 40-something billion Naira. And it was described as “unprecedented” back then.
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
IJAYA001: Cabals in the oil sector are gradually known to the public, after paralysed national refineries Dangote is their next target.
How and when did you vote cabals into office and what taxes are they receiving from you for more lucrative lifestyles for themselves?
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.
Mrfixitt: Ibas and Wike on rampage trying to destry the records.
If he could destroy our country by kicking Obi out of PDP to gift Tinubu 100% votes in the five SE states, then why can’t he destroy the records of looting by his emissary in Rivers state
ddippset: Says a man who hijacked the party and singlehandedly produced the last 4 National Chairmen of the party for his own selfishness.
Says a man who accepted nomination to be running mate to Fulani Atiku. He knew it was injustice to give Atiku the ticket yet he lobbied to be the VP.
He knew the party had to go South for the 2023 election, yet he still put Secondus as National Chaiman just to hijack the party.. Only to push Secondus out because he wanted the ticket 2023.
This man remains the biggest problem of PDP.
He can only deceive and fool his minions, not reasonable people.
2023: PDP and politics of healing Wike’s self-inflicted injury
Then, the race began in earnest for three years now, reaching a frenzy with the works of the two PDP committees on zoning. The first was the Gov Ifeanyi Ugwuanyi committee on the zoning of the PDP party offices. The Ugwuanyi committee quickly told the world the committee’s assignment did not cover zoning the office of the president. Though this was true, the question is: why didn’t the Ugwuanyi committee zone the PDP chairmanship to the North without aligning it to the divide that would produce the PDP presidential flag-bearer? The second committee headed by Gov Samuel Ortom of Benue state was specifically on the zoning of the presidential ticket and, with the votes of the representatives of all the 17 Southern states without any exception, the Committee unanimously recommended throwing open the PDP presidential ticket, which the PDP NEC simply upheld.
One thing irrefutably stands out – Wike shot himself in the leg. Here was a man who had an overarching influence on both committees but could not insist that the ticket be zoned South. Many had wondered why? The reason is also relatively in plain sight: the Southeast factor. As the clamour for zoning of the presidential ticket of the PDP to South reached its crescendo, many had pointed out the fact that though the PDP Constitution had prescribed zoning of the office of the president to be between North and South since the South-west and South-south had taken their turns in producing the president and the vice in this current dispensation in the persons of Olusegun Obasanjo and Goodluck Jonathan, zoning this time around, should not just be to the South but the Southeast.
Atiku Abubakar went a step further by offering to step down from the race if it would be agreed that the touted zoning to the South would mean micro-zoning to the Southeast. Wike and the rest could not take the Atiku challenge maybe because Atiku would likely back Peter Obi, who was his vice-presidential running mate in 2019 and an ally. The prospects of Peter Obi picking the ticket if PDP zoned South was so real compelling Wike to go for an open contest, believing he could pick it up ahead of Atiku, Tambuwal and Bala Mohammed, given his large war chest.
jameshankss: Arguing that Obi’s presidential bid would only work in favour of Tinubu, Soludo said, “Indeed, if I were Asiwaju Tinubu, I would even give Peter Obi money as someone heading one of the departments of his campaign, because Obi is making Tinubu’s pathway to victory much easier by indirectly pulling down PDP.”
Obi, according to Soludo, would only deplete the votes of the Peoples Democratic Party (PDP) and pave the path for an APC victory.
He stated, “The current fleeting frenzy, if not checked, will cost Ndigbo dearly for years. The South-east has the lowest number of votes of any region, but it is also the only region where the presidential race might be a four-way race (it is a two-way race in the other five regions) thereby, ensuring that our votes won’t count in the making of the next president of Nigeria.
Dijita: Are you saying a student graduated from university in 1985 and this is all the proof you can monster. No picture in graduating gown with some of his class members.
He could have graduation pictures without satisfying ALL the requirements for graduation.
adenigga: Those familiar with the matter said Mr Nnaji initiated the case to block the university from releasing details of his academic sojourn in the institution to anyone, including PREMIUM TIMES. He is also said to desire a transcript to refresh his memory regarding where he dropped out of university.
However, in paragraphs 12 and 13 of his 34-paragraph verifying affidavit supporting the motion, Mr Nnaji made a stunning revelation, accusing UNN officials of refusing to issue him a certificate and, in the process, confirming that he never collected one.
In paragraph 12, he stated that the university admitted him in 1981 to study Microbiology/Biochemistry, and that he completed the programme and “graduated” in 1985.
But paragraph 13 contained the explosive admission:
“That even though I am yet to collect my certificate from the 3rd Defendant (UNN), due largely to the non-cooperative attitude of the 3rd–5th Defendants (UNN, its Vice-Chancellor, and Registrar), the 3rd Defendant issued a letter dated 21st December 2023 to People’s Gazette (attention: Samuel Ogundipe) which stated amongst other things as follows:
‘This is to confirm that Geoffrey Uchechukwu Nnaji, with registration number 1981/30725, was admitted in 1981 to study Microbiology/Biochemistry at the University of Nigeria, Nsukka. Mr Geoffrey Uchechukwu Nnaji graduated from the University of Nigeria in July 1985 with a Bachelor of Science in Microbiology/Biochemistry, Second Class (Hons.) Lower Division.’”
The letter, signed by UNN Registrar Celine Nnebedum, was sent to the People’s Gazette in response to an enquiry. But its contents have since been invalidated.
Mrs Nnebedum later recanted in a letter to the Public Complaints Commission (PCC) in May 2025, stating that the university searched its 1985 graduation records but could not find Mr Nnaji’s name.
Similarly, UNN Vice-Chancellor Ortuanya confirmed in a letter dated 3 October 2025 and addressed to PREMIUM TIMES that Mr Nnaji did not complete his studies and was never awarded a degree by the university.
A senior university official told PREMIUM TIMES that the institution investigated Mrs Nnebedum’s letter and concluded that: “It is either some people in the records office were influenced or manipulated to cover up for Nnaji, or it was a sincere mistake by the registry.”
The official added: “The truth of the matter is that he (Mr Nnaji) never graduated from here. His file is intact. It contains details up to the point where he dropped out.”
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
kingbee90: This man and other past governors of Borno need to be questioned as to how Boko Haram grew this BIG in Borno state under their watch.
Forget stories bro. Boko Haram and other groups have been eliminated since 2015, as promised by Oshiomhole’s Assembly of Past Criminals, APC. Was that not what made us replace PDP back then
Nigeria Boko Haram: Militants 'technically defeated' - Buhari Published 24 December 2015
Nigeria has "technically won the war" against Islamist Boko Haram militants, President Muhammadu Buhari says.
He told the BBC that the militant group could no longer mount "conventional attacks" against security forces or population centres.
It had been reduced to fighting with improvised explosives devices (IED) and remained a force only in its heartland of Borno state, he said.
Boko Haram has been described as one of the world's deadliest terror groups.
Critics of the government argue that it has exaggerated the scale of its success against the militants, and that each time the army claims to have wiped out Boko Haram, the militants have quietly rebuilt.
Nnamdd1: The Nigerian Army has handed over the flag of Boko Haram that was recovered from “camp zero” in Sambisa forest to President Muhammadu Buhari.
Major General Lucky Irabor, Theatre commander of Operation Lafiya Dole handed over the flag to Buhari at exactly 10:30 pm on Friday, December 30th, at this year’s regimental dinner organised by the presidential brigade of guards.
Speaking at Friday’s dinner, Irabor said troops arrested 1,240 suspected Boko Haram members during a mop-up operation inside Sambisa.
In his response, Buhari, who recounted how he was nearly killed even before he collected his first salary in the army stated that keeping Nigeria united was paramount.
“I believe you are here because you want to be here and you cannot complain. We will do our best to build the national institutions in the country,” he said.
“There are 250 ethnic groups, so keeping Nigeria one is a task that must be done. So even for a personal reason, you must make sure this country stays one and remain strong.”
On his part, Chief of Army Staff, Lieutenant General Tukur Buratai assured Nigerians that they will continue their onslaught in the north-east.
DiamondsAreFore: And they dare label Africans as corrupt?😂😂😂 Even the most dedicated Oluwole document forger will not charge 5% of this and he will still produce something of superior quality.
If you don't believe me, go and inspect the University of Chicago Degree Certificate which was created for a certain "dignified" entity in Nigerian politics
If we are not more corrupt than the oyinbos, why can’t we have ordinary water supply for households despite increasing revenue for states since 1999
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
Judolisco: f1 can come we we build the lanes and arena for it...
Abu dabhi and Co built theirs
Do you know if Abu Dhabi and others have less than 5% of schools run by the government for the free education of children? Do they pay teachers peanuts compared with other workers in the government? Do they owe salaries to their teachers and lock down schools for months?
What happens to someone who tries to run when they don’t know how to crawl?
anonimi: Ratio of public to private schools in Lagos State is one to 22 ― Commissioner September 4, 2022
The Lagos State government has said the ratio of public to private schools at both primary and secondary school levels in the state is one to 22.
The state’s Commissioner for Education, Mrs Folasade Adefisayo, gave the revelation in her remark at the 2022 edition of the Total School Support Seminar Exhibition (TOSSE) held at Oregun in Ikeja between Thursday and Friday.
FCT Teacher’s Strike: The unfolding crisis that has kept Abuja’s children out of school for months
The industrial action is the third in a series since late 2024.
ByQosim SuleimanandZainab Adewale July 2, 2025 Reading Time: 4 mins read For over three months, public primary school pupils in the Federal Capital Territory (FCT) have been out of the classroom due to a teachers’ strike.
The industrial action has seen multiple suspensions and resumptions and is the third since late 2024.
BlueStripper: The supply chain is consistent, price is stable and there is room for further reduction.
Stop this useless and baseless propaganda against Dangote and his business.
You are so right that we should stop this useless and baselessly baseless propaganda against the promise of the president.
When last did you read about Stockholm syndrome
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.
However, pump price of fuel hit N537 per litre days after Tinubu ended subsidy.
On Tuesday, the price climbed further to N617, a development that the Nigerian National Petroleum Corporation Limited (NNPCL) attributed to “market forces”.
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.
King Wasiu Ayinde Marshall, a Fuji musician who performed at the rally, interrupted the president’s speech with chants as the crowd cheered.
On the campaign podium with the president were Vice-President Kashim Shettima; Pa Bisi Akande, interim National Chairman of the APC; Femi Gbajabiamila, Chief of Staff to the President; Senator Gbenga Daniel; among other bigwigs of the ruling party.
Tinubu went further to say Nigerians would defy the acute fuel scarcity at the time and trek to cast their votes.
“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/N500 per litre. Go and relax, we will crash the prices,” he had said.
(A case study of Nigeria citizens & their elected oppressors).
During the Soviet dictatorship of Joseph stalin. He was a brutal dictator with mind of his own. On one fateful day, stalin came to Politburo meeting with a live chicken. Standing in front of audience, He started to pluck the feathers of the live chicken off one by one. The chicken trembled in pain, blood tricking out of its pores. It gave out grievous cries, but stalin being a cruel dictator continued without remorse plucking the feathers out until the chicken was completely Unclad. After which, he threw the chicken on the ground. The Unclad chicken was staggering in pain. stalin goes into his pocket and from his pockets, he took out some chicken food and started to throw it at the poor & hapless creature. The poor chicken in pain started eating and stalin started walking towards his seat. As he walked away, he kept dropping some feeds on the floor & the chicken followed him and sat feeding from his feet.
Joseph stalin then turned to members of his political party leadership. He said, "This chicken represents the people". "You must disempower them, brutalise them, beat them up, starve them and then leave them". "If you do this, go into your pocket & give them peanuts when they are in that helpless and desperate situation, they will blindly follow you for the rest of their life, worshiping you". "They will think you are a hero forever. They will forget that, you're responsible for their sorrowful situation in the first place." Breath taking, isn't it ?
Now! Take a look at all the people some Nigerians are busy defending on social media. Take a look at those they call their heroes. They are the same people who plunged Nigeria into the situation she is. They are the same people who are responsible for their predicaments. Did you see the numbers of people that throng to Saraki's House during this Sallah period to go collect peanuts? People trooping to Bola Ahmed Tinubu Foundation offices to collect branded One kilo bag of Rice & Noddles. Did you see the number of people of all ages who troop out to welcome Ex- convict James Ibori to South South! Do you see the number of handle mop following obi as if he is a seat? what of the one following dino malaye?
Your guess is as good as mine. Nigerians kill those they should defend and defend those they should kill! Pass to all your contacts & let your Political & Religion Leaders read, understand & digest.
ogolemati: we too complain for this country, everyone should chill at least it's going down by 2027 it will be sold at #50.lets support agbero chairman to give this country the touches it need
Yes nah. It will be sold for N50 or even N40, down from the price of N70 we have been buying it since 2015.
Isn’t this APC government wonderful!!!
Buhari’ll reduce petrol to N40/L —David-West
FORMER Minister of Petroleum and Energy, Prof. Tamunoemi David-West, said that Nigerians should expect sharp drop in petrol price from the current N87 to about N40 per litre, saying, “the president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”
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.
Olichoke: Lagos leads, and others have stubbornly refused to follow.
Why should others follow Tinubu’s tax master plan for lootocrats?
How much was the state budget per capita when Jakande did all these and more in just four years? What was the IGR squeezed out of the public then? What was the oil revenue shared with the other states and the federal government back then?
Did that stop military dictator Buhari from locking him up for corruption in 1984
Splashme: The first civilian governor of Lagos State, Alhaji Lateef Jakande, on Tuesday, said that the cancellation of the Lagos metroline project in 1985 was a major mistake and disservice to many Nigerians.
Jakande spoke in Lagos during the launch of a book which chronicled his life in politics and journalism.
The book, entitled, ‘Jakande: Leadership in Action’ is written by Dr. Bola Olaosebikan, who told the audience at the event that the All Progressives Congress presidential candidate, Maj. Gen. Muhammadu Buhari (retd.), was not responsible for the cancellation of the project.
Jakande said, “Reflecting on the metroline project, I think it is a major disservice to many Nigerians. Imagine how many people would have benefitted. It would have made life easier and changed the face of transport in Lagos. Whoever cancelled it or gave the advice towards its cancellation didn’t do right.”
The former governor asked Nigerians not to vote for unserious leaders in the coming polls, saying the elections presented Nigerians with a good opportunity that should not be squandered.
Expressing the hope that Nigeria would soon overcome its developmental challenges, Jakande said hope would be actualised faster if credible people emerged as leaders in the next dispensation.
He said, “This book comes at a very auspicious time in Nigeria’s history as we need leaders who can act. We need leaders who would not compromise the standards of good governance. God has blessed this nation the most in Africa, although we have not reached where we should be; with the right leaders, Nigeria would overcome its challenges.”
eluquenson: REVISITING SOME OF THE LATEEF JAKANDE'S GOVERNMENT ACHIEVEMENTS FROM OCTOBER 1979 TO DECEMBER 1983 (FOUR YEARS AND 3 MONTHS) IN LAGOS STATE
* His government built the current Lagos State Secretariat which houses all the state ministries as well as the popular round house hitherto occupied by all subsequent governors of the state.
* His government built the Lagos State House of Assembly complex.
* His government built the Lagos State Television
* His government built the Lagos Radio
* His government built Lagos State University
* His government established General Hospital in zones all over the state with assurance of free health care.
* His government established Teacher Training College and the College of Education.
* His government built low cost houses in Ijaiye, Dolphin, Oke-Afa, Ije, Abesan, Iponri, Ipaja, Abule Nla, Epe, Amuwo-Odofin, Anikantamo, Surulere, Iba, Ikorodu, Badagry, Isheri/Olowu, Orisigun etc.
* His government established the Water Management Board and Waste Disposal Board on the 18th of August, 1980.
* His government constructed the Adiyan Water Works to increase water supply in the state to 18.16 million litres per day.
* His government modernized and expanded the Iju Water Works which was first commissioned in 1915. This increased daily capacity from 159 million to 204 million litres per day.
* His government purchased and commissioned the giant car crusher equipment. The equipment was designed specifically to crush derelict vehicles in Lagos State. It had the capacity to crush 45 vehicles per day.
* His government constructed, rehabilitated and resurfaced Epe/Ijebu-Ode Road, Oba Akran Avenue, Toyin Street, Town Planning Way, Alimosho-Idimu-Egbe Road, Idimu-Iba-LASU Road, the new secretariat road and several others.
* His government constructed Victoria Island/Epe Road and thereby creating an ‘oil rig’ for Lagos State.
* His government established Asphalt Plant for the Department of Public Works.
* His government established Electricity Board for Rural Electrification with provision of street lights.
* His government modernized, expanded and commissioned Onikan Stadium in 1982.
* His government established a singular school system and ensured genuine free education in Lagos State and the beneficiaries of this policy are in different positions of eminence in the country and around the world.
* His government raised the primary schools in Lagos State to 812 with 533,001 pupils (against 605 primary schools with 434,545 pupils he met in 1979) and secondary schools to 223 with 167,629 students (against 105 schools with 107,835 students in 1979).
* His government constructed 11, 729 classrooms with the maximum of 40 children per class between March and August 1980, by 1983, he had constructed over 22,000 classrooms.
* In July 1983, two commercial passenger boats christened "Baba Kekere and Itafaji" to run the Mile 2 - Marina (CMS) route via the lagoons were inaugurated by his government to mark the official launch of the Lagos State ferry services.
* His government took over the ownership and financing of Lagos State Printing Corporation in July 1980
* His government established the first State Traffic Management Authority (Road Marshals).
* His government established small scale Industries Credit Scheme which preceded the EKO bank.
*His government established LASACO Insurance.
*His government expanded existing market and built new ones.
*His government established Traditional Medicine Board.
WHO SAYS 4 YEARS IN OFFICE IS NOT ENOUGH FOR MEANINGFUL ACHIEVEMENTS?
IT'S A FACT THAT 90% OF GOVERNORS IN NIGERIA SINCE 1999 WITH REVENUES AT THEIR DISPOSAL CANNOT BOAST OF A QUARTER OF THESE ACHIEVEMENTS EVEN WITHIN THEIR EIGHT YEARS IN OFFICE.
madridguy: I am proud of what we achieved this weekend and even more confident about the future we are building for Lagos.
Confident about the future of no water supply for Lagosians despite their tax burden that has increased the state budget to N3.4 trillion from N42 billion a quarter of a century ago?
[quote author=Lanrelagboi post=133655707]Lagos has now crossed the 3 Trillion Naira annual budget mark. Crossed 2 Trillion in 2024.
Memory Lane: the first full-year Lagos State budget (Year 2000) in the 4th Republic was in the region of 40-something billion Naira. And it was described as “unprecedented” back then.
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.”
nairalanda1: ADC is right, but if they take over, can they promise an increase in policing budgets...from at least the N1 trillion it is at now, to somewhere around 50-70 trillion naira, which would enable the police to be modern and strong enough to fight crime effectively in any form?
If they can't, they are just like the current APC government. All talk , no action. I guess this is the truth.
APC is sh^t tho. Enter power on promises of diversification, yet under tinubu and his predecessor bubu...economy remains dependent on oil.
How much of the policing inadequacies are due to budget constraints compared to worsening corruption in Oshiomhole’s Assembly of Past Criminals, APC?
Is it not better to work for the return of the less corrupt politicians of PDP who are now in the ADC coalition?
thewinning101: PANDORA PAPERS: Buhari visited Tinubu in corruption-tainted London villa acquired by Oyetola
Governor Oyetola, a relative of Mr Tinubu, may have sabotaged his own country by buying the exotic property as Nigeria made to seize it.
ByNicholas IbekweandTaiwo-Hassan Adebayo October 7, 2021 in Headline Stories, Pandora Papers Reading Time: 8 mins read
It was a meeting of two of Nigeria’s most influential politicians in London – President Muhammadu Buhari was visiting political kingmaker and senior member of his ruling All Progressives Congress (APC), Bola Tinubu.
In July, the presidency announced that Mr Buhari was heading to London for an education summit. The office also added that the president would also see his doctors for “medical check-up”.
Coincidentally, Mr Tinubu, who had travelled to London earlier, was also receiving treatment for an undisclosed ailment in the British capital. So, a perfect setting for both men to meet was created.
The 2018 Rating by Transparency International placed Nigeria at 148th position out of 180 countries. Nigeria was improving over the years under the previous government, until Buhari got elected as president, things became worse.
There is a difference between fact and fiction. We need to face facts, Buhari is worse than GEJ when it comes to fighting corruption, at least that’s what the facts prove.
Most of us believed there was corruption under Goodluck Jonathan’s Government. I agree with those who did, there was corruption, but not as bad as it is today under Mohammadu Buhari.
In 2012, Nigeria was placed at 139th position, In 2014, Nigeria gained 3 steps and was placed at 136th position. Under Buhari, Nigeria has lost many positions down to 148th.
There’s no further proof needed that corruption has worsened under Buhari’s government compared to previous years.
Tochitee: And some zombies will vote this Adc as replacement for Apc??
ADC will be voted for by conscientious Nigerians who want a return to PDP deregulation and privatisation prosperity will vote against APC leaders looters that promised us change but gave us excuses for their extreme poverty shege of incompetence, corruption and greed.
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
NoviceFXtrader: So now Ibadan can’t get cooking gas either? Right on cue. 🥴
This isn’t just a logistics hiccup, it’s the economic blueprint of a government that would rather keep people scrambling than actually fixing things. When your country sits on oil and gas, yet ordinary folks can’t buy LPG, you know something’s fundamentally wrong.
• The Dangote–PENGASSAN standoff exposed how fragile our supply chain is — one disruption and the whole country chokes. • Prices are already shooting through the roof (some pushing ₦3,200/kg in parts). • All this happens while political elites pontificate about reforms, ‘boosting production’, and economic recovery.
So yeah — maybe this gas shortage is just phase one of turning Nigeria into a “live-off-smoke-signals” country until they decide whose turn it is to rule.
The sadistic head of the government has been like that since forever and his fellow APC party leaders looters enjoy playing politics with our wellbeing.
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.
lordm: Na wa. What happened to Dangote Refinery na. Even our local ones
The local refineries or the government refineries?
Two government refineries have been working since July 2015, just a year before A-looter Poverty Conmen, APC removed subsidy to celebrate the opportunity we gave them to deliver their promised change.
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.
A former Lagos State Governor and National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has described the decision of the President Buhari-led Federal Government to remove petrol subsidy as courageous.
The government, through the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Wednesday, announced the removal of the subsidy on petrol, pegging the upper limit at N145 per litre from N86.50k.
In a statement in Lagos on Thursday, Tinubu said though the decision was a difficult one, it would ultimately become beneficial to the generality of the people instead of enriching the pockets of a few Nigerians, who enjoyed the fraud of the subsidy regime.
How is the hyperinflation of prices the change that was promised by Oshiomhole’s Assembly of Past Criminals, APC a decade ago
Buhari’ll reduce petrol to N40/L —David-West
FORMER Minister of Petroleum and Energy, Prof. Tamunoemi David-West, said that Nigerians should expect sharp drop in petrol price from the current N87 to about N40 per litre, saying, “the president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”
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.
How many teachers has he employed since he became governor, to ensure that they are not overworked in making basic education free for all the children in Pa Ajasin’s state
anonimi: Ratio of public to private schools in Lagos State is one to 22 ― Commissioner September 4, 2022
The Lagos State government has said the ratio of public to private schools at both primary and secondary school levels in the state is one to 22.
The state’s Commissioner for Education, Mrs Folasade Adefisayo, gave the revelation in her remark at the 2022 edition of the Total School Support Seminar Exhibition (TOSSE) held at Oregun in Ikeja between Thursday and Friday.
FCT Teacher’s Strike: The unfolding crisis that has kept Abuja’s children out of school for months
The industrial action is the third in a series since late 2024.
ByQosim SuleimanandZainab Adewale July 2, 2025 Reading Time: 4 mins read For over three months, public primary school pupils in the Federal Capital Territory (FCT) have been out of the classroom due to a teachers’ strike.
The industrial action has seen multiple suspensions and resumptions and is the third since late 2024.
hotseat: I have always looked at Mike Ozekhome (SAN?) with askance because of his penchant for fraternizing with people of questionable characters.
If this exposè turns out to be true, then he must be sanctioned and brought to justice immediately.
Those who come to equity, they say, must come with clean hands.
Could this become the end of the road for the celebrity lawyer?
Time, yes time alone, will tell.
@hotseat
Have you also been looking at Tinubu’s CoS, who was previously HoR Speaker with askance?
oshozondii: Former Nigerian House Speaker Femi Gbajabiamila has been terminated as a licensed lawyer of the State Bar of Georgia in the United States after his corruption and ethical lapses outstripped acceptable thresholds for members, Peoples Gazette can report.
The Nigerian politician, who currently serves as the chief of staff to President Bola Tinubu, himself a man of uncountable scandals, was ostracised from the prestigious body effective July 1, 2020, according to records recently obtained by The Gazette. He was found to have stolen money from a client and also failed to pay his membership fees.
Mr Gbajabiamila’s disgrace in the U.S. underscores yet again the gulf between civilisations that exert fair and available instruments to foster accountability versus Nigeria, where transparently fraudulent,odious figures are in charge of the most consequential positions of authority.
For several weeks, Mr Gbajabiamila dodged The Gazette’s requests for comments about his corruption and punishment in the U.S. A spokesman for the State House also failed to send in comments that were promised after several weeks.
Georgia Bar officials told The Gazette that Mr Gbajabiamila’s latest ordeal began when a client filed a grievance against him for theft. Mr Gbajabiamila subsequently ignored the bar and stopped paying his fees and other membership obligations. The Gazette was told that attempts were made to reach Mr Gbajabiamila through his Peachtree Road address in Atlanta, but he frustrated it all.
On July 2, 2015, Mr Gbajabiamila was suspended for five years, The Gazette learnt. The suspension was finally approved as a permanent termination of his membership on July 1, 2020. Mr Gbajabiamila, who was admitted to the State Bar of Georgia on June 29, 2001, was the Speaker of the House of Representatives at the time of his infractions in the U.S.
“He can no longer practice law in the state of Georgia,” an official told The Gazette. “He’s done.”
In a unanimous decision on February 26, 2007, the Supreme Court of Georgia approved the suspension of Mr Gbajabiamila for 36 months, after he admitted stealing $25,000 from a client. He was reinstated after serving out his suspension, only for him to commit another infraction that led to his final dismissal.
Mr Gbajabiamila, “who has only been a member of the bar since 2001, admits that he accepted payment of $25,000 as settlement of a client’s personal injury claims, deposited those funds in his attorney trust account in January 2003, failed to promptly disburse those funds to his client, withdrew those funds for his own use, closed his practice and moved out of the country,” the court said at the time.
Mr Gbajabiamila, who had already been a federal lawmaker for nearly four years before the verdict, paid the money back in 2006, a year before the judgement, in order to get lighter punishment, including being disbarred.
Whereas Mr Gbajabiamila has suffered the consequences of his known offenses in the U.S., which spanned from the early aughts through 2020, his corruption in Nigeria has gone unpunished. In 2021, Mr Gbajabiamila was among top lawmakers and government ministers who received heavy bribes from private businessmen to undercut local communities in passing the controversial 2021 law regulating the Nigerian hydrocarbon industry.
Looters everywhere,and they keep developing another country with their loot.
Wicked people.
Looters everywhere, especially those who pretend to be redeemed saints of Oshiomhole’s Assembly of Past Criminals, APC.
No wonder Buhari quickly agreed with David Cameron that he himself and all of us 200 million Nigerians are fantastically corrupt.
socialmediaman: The 2018 Rating by Transparency International placed Nigeria at 148th position out of 180 countries. Nigeria was improving over the years under the previous government, until Buhari got elected as president, things became worse.
There is a difference between fact and fiction. We need to face facts, Buhari is worse than GEJ when it comes to fighting corruption, at least that’s what the facts prove.
Most of us believed there was corruption under Goodluck Jonathan’s Government. I agree with those who did, there was corruption, but not as bad as it is today under Mohammadu Buhari.
In 2012, Nigeria was placed at 139th position, In 2014, Nigeria gained 3 steps and was placed at 136th position. Under Buhari, Nigeria has lost many positions down to 148th.
There’s no further proof needed that corruption has worsened under Buhari’s government compared to previous years.
PANDORA PAPERS: Buhari visited Tinubu in corruption-tainted London villa acquired by Oyetola
Governor Oyetola, a relative of Mr Tinubu, may have sabotaged his own country by buying the exotic property as Nigeria made to seize it.
ByNicholas IbekweandTaiwo-Hassan Adebayo October 7, 2021 in Headline Stories, Pandora Papers Reading Time: 8 mins read
It was a meeting of two of Nigeria’s most influential politicians in London – President Muhammadu Buhari was visiting political kingmaker and senior member of his ruling All Progressives Congress (APC), Bola Tinubu.
In July, the presidency announced that Mr Buhari was heading to London for an education summit. The office also added that the president would also see his doctors for “medical check-up”.
Coincidentally, Mr Tinubu, who had travelled to London earlier, was also receiving treatment for an undisclosed ailment in the British capital. So, a perfect setting for both men to meet was created.
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.
NLCreator666: Lagos Resident Laments Economic Hardship, Hunger Under Tinubu, Confesses To Beating Elderly People, Others To Make Tinubu President
A Lagos state resident has lamented his inability to get petroleum despite beating people including the elderly to vote for President Bola Tinubu in 2023.
In a video posted on social media, he narrated how life had been hard for him despite all he did to ensure Tinubu became Nigeria’s President.
He said, “We wanted to buy fuel but we have been unable to get. They even beat us at the petroleum station. I was among those that beat people at Idi-Oro.
“We went from house to house, asking people to vote for you (referring to Tinubu). You emerged as the President and now you are destroying our lives. Getting food to eat is difficult for us.”
He noted that despite the hardship, different agencies in the state have kept milking them through taxation.
"I voted for Jagaban, I was among those that flogged people we refused to vote Tinubu at Idi-oro. We went from House to House attacking people who didn't vote for Jagaban, Today I am regretting”.
He said, “We are suffering in Nigeria, we have become lazy even in our own father’s land. We are drivers and that’s how we survive. LASTMA (Lagos State Traffic Management Agency), VIO (Vehicle Inspection Office) all collect money from us. Please Tinubu, do something about this hardship.
“We are the same people that beat up others so you could become the President. Some of them people we beat were our father’s mates, but we beat them up. We did that just because of you so you could become the President, and we kept saying it was our turn.
“Look at it now, the outcome is suffering, we cannot even buy rice again. You cannot buy N1000 food and be okay. I bought food of N1200 today and my kids have not eaten at home.”
He also expressed worry that he would be beaten for the comments he was making about Tinubu.
“I know that what I have said now, they will still come to beat me at home. I know that for sure,” he said.
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
Politics › Re: We’re Not Surprised Tinubu Kept Alleged Certificate Forger In Cabinet – ADC by anonimi: 6:00am On Oct 07, 2025
