SixSeven: I don't want to go there because nelfund is not new. It's a classic case of robbing Peter to pay Paul.
According to an internal NELFUND audit, multiple public universities increased their institutional fees by 20% to as much as 521%-and in some extreme state polytechnic cases, by over 1,000%
What Tinubu is doing at the federal is not new to us who knew him at Lagos. He is very consistent with his policies. Education is not cheap. So you make something expensive then give people loan to afford it. What a wonderful move 👏
It would be great to have the verifiable reference to this NELFUND internal audit report, which simply confirms what is already in the public domain as reported below.
Most tertiary institutions in the country have hiked their fees by over 150 %, putting serious strains on the finances of parents and guardians who also have to contend with the poor state of the economy which has reduced purchasing power and savings.
Checks by Vanguard Learning in public universities across the country show that the increment in obligatory fees, which started late last year is continuing, as a new session starts in some schools this January.
Only on January 6, this year, for instance, the Federal University of Technology, Akure, FUTA, Ondo State came out with a proposal to hike fees by over 100%.
How did smart Yoruba people allow this most wicked rogue politician to be Aṣiwaju ọmọlúwàbís
anonimi: Nigeria: Tinubu imposed Fees on LASU - another major attack on Education
06 June 2006
Back in February two Lagos students were killed by police as they protested against the recent hike in school fees. In some cases fees have been increased a hundred times over. This is making it practically impossible for poor and working class Nigerian children to get an education.
"The Lagos State university students' union in conjunction with the NANS zone D and NANS JCC Lagos Axis berate the satanic increment in LASU school fees and the killing of some students of LASU during the peaceful protest against the increment in school fees. And call for the immediate reversal of these exploitative fees as a prerequisite to let the less privilege have access to Education".
These was the first paragraph in the leaflet issued by the students' union alongside with NANS zone D and JCC Lagos in February after the students' protest against the fees, which led to the killing of two students by the police on the command of the Lagos State Government.
It will be recalled that immediately after the appointment of a new vice chancellor last year, December 2005, the Tinubu regime of Lagos State announced to Lagos residents that the government could not afford to subsidize education and that in line with the ‘reforms' in the education sector, there cannot be any free education. The university authorities were directed to increase the fees from 250 Naira for old students to 25,000 Naira, while the freshmen's old fee of 1, 000 Naira was increased to N35, 000. This increment exclude the acceptance fees N10,000 introduced earlier to the fresh students two years ago.
It is very important to note that even while the official school fees were placed at N250 earlier, an average student still pays as much as N25,000 to the university or its agents. This takes the form of handouts, registration fees, etc.
Not excluding the current attempt to deny the children of the working class education by the newly imposed post-JAMB test, according to ruling elites, it is to checkmate examination malpractice experienced during jamb exams but from reality, it has been confirmed as another conduit pipe through which money is generated and siphoned without question. This post jamb fee in LASU is N2,000. All these fees stated above do not include various expenses to be incurred while going through the registration processes.
The Tinubu administration carrying out these attacks on students is a master of deception. Towards the end of his first four years, he became one of the most hated governors in Nigeria as he committed enormous atrocities against workers, students and rendered many people homeless. The sacking of over 10,000 workers in 2001/2002 over the N7,500 minimum wage protests is still fresh in the memory of the working class despite the treachery of the labour leadership.
FSBoperator: Sworn "zoo must collapse " people don show.
No one is more responsible for this situation than the balablu bulaba master strategist of propaganda politics, who begged Buhari to make Jonathan a one term president after his party invited terrorists to set Nigeria on fire.
Do you think that is what happened in Oyo State recently after emperor Wike threatened Makinde?
Hours after Makinde’s remarks in Bauchi, the Presidency announced that all the victims had been rescued after spending 56 days in captivity.
blamingthedevil: Nairaland , do you get the message? Some moderators' work is to be pushing bad news to the front page
Why are those allowed to temporarily exercise sovereignty on behalf of the people, creating bad news?
Are you paying them taxes in various ways, to create bad news that destroys the society?
Poju and you should face those leaders looters creating bad news, rather than labouring in vain to silence those who circulate bad news as their own way of drawing attention to the problems, so that they can be resolved.
jmoore: Dude is a clown. Nigeria is not importing electricity. There are no sanctions against Nigeria importing electricity but Nigeria is still struggling with 5,000 plus megawatts for a population of 180 million.
How is he a clown compared with those who said that they have used subsidy savings, increasing tax and debt burdens to provide adequate electricity for us
PigTormentor: Baba Iyabo is so useless; he should cover his face in shame.
I still remember vividly coming back from the US and trying ot setup a park for some trailers that we had imported along the Ota road while this Baba Iyabo was president. The road was so bad that I often wondered if I was in a jungle. The saddest part was that the President at that time was using the same road to get back to his home in Ogun State. Sometimes he would use a helicopter. Obasanjo didn't care about the plight of the people in that area for 8 years.
I don't want to hear jack from the old clown.
How many pictures of Tinubu and APC’s incomplete road projects are you using to pay the subsidy FORCED on you by the massive corruption in the oil industry since 2015?
Abi, you have been using APC membership card to buy it for less than N70?
anonimi: Petrol should never cost more than N70 per litre, says APC
January 19, 2015
The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.
On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.
But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.
It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.
PigTormentor: Tinubu is transforming Nigeria, and some clowns want to send us back to the era of zero development. Thunder is doing a warm-up for those political clowns.
Is this what you mean by transforming Nigeria? Or do you have something else in mind?
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.
LibertyRep: This Sowore is a case, he no just send anyone.
Where is the lie?
The lie is in the populism.
What plan does he have to get money to pay for the subsidy without taking huge loans and increasing taxes on people, which is what Atiku achieved as part of Obasanjo administration.
The administration that used deregulation and privatisation policies to lay the foundation for 16 years of PDP prosperity, peace and security.
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.
Watianoengineer: If the federal government decides to clamp down on such despicable acts, Peter Obi will release press statement about how Tinubu is killing local businesses and making the masses suffer.
That man Obi is the definition of hypocrisy.
What has the federal government to do with gutters in a city where unscrupulous traders wash yam tubers?
If you are a follower of the master strategist of propaganda politics, must you also clone his balablu bulaba incoherence
Stephen0mozzy: Should we infer that BIRDS OF THE SAME FEATHERS FLOCKED TOGETHER by the look of these pictures?
Yes, they flock together in Chicago and other cities outside of China
Why not in China? Who wants to be executed for drug trafficking? Dead men can't have renewed hope of being president of the giant of Africa, filled with 200 million smart people.
Racoon: Festus Keyamo Defends Tinubu From Drug Trafficking, Says Tinubu Mistakenly Shared Flats With Drug Lords
The Minister of State for Labour and Employment, Mr Festus Keyamo, has distanced the All Progressive Congress presidential candidata, Bola Tinubu, from being a drug baron who was involved in the traffic of narcotics in the United States.
Keyamo, who also doubles as APC Presidential Campaign spokesperson, noted that the former governor of Lagos State only shared a block of flat with drug barons about 30 years ago in the US.
His reaction is coming following documents of a Chicago District Court indicting and convicting Tinubu of drug dealings and money laundering in 1993.
The document which emerged online two days ago, described APC standard-bearer as a drug baron, adding that Tinubu entered a plea bargain, leading to the forfeiture of his assets to US authorities in 1993
It was also pointed out that Tinubu forfeited the sum of $460, 000 dollars in his bank account at First Heritage Bank to the US government.
Speaking on Wednesday on Channels TV, Mr Keyamo dismissed such claims, insisting that Tinubu was linked to drug peddlers who were his neighbours.
He said: “What happened was that Tinubu went to open an account. The address which he used in opening the account was the address used by these people. I think some blocks of flats. Maybe, he was happy to be in that block of flats too.
“So, they now link it that the other people they were investigating for narcotics are in the same address used by Asiwaju to open that account.’’
InfoGuru118: Other APC figures with previous presidential campaign experience who were reportedly left out include former Plateau State Governor Simon Lalong, who served as Director-General of the party’s 2023 Presidential Campaign Council, and National Security Adviser Nuhu Ribadu, who previously handled stakeholder relations.
How did Ribadu go back to his vomit in just four years, shortly after Jonathan redeemed him from the Yar'Adua and Ibori curse? This was even way before Tinubu went back to his vomit of Buhari in 2015.
Are these APC's men of integrity? The ones who told us that we have to kill corruption before it kills us
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.
Kukutente23: I doubt Lagos can have a gov like Fasola ever again. Man took Lagos to enviable heights the likes of Sanwo and Ambode laboured to maintain
A one eyed leader is really a star among blind people like Tinubu, Ambode and Sanwo Olu.
With the amount of money he had for eight years, what did Fashola achieve in basic services and common utilities provided by adequate number of well paid civil servants?
Fatbam003: Things are happening under the sun. Poverty is a brutal weapon in the hand of the enemy
And the worst enemy for APC's extreme poverty is the amalanomics expert of balablu bulaba propaganda reforms to nowhere.
Can you imagine how he failed to create 50 million promised jobs but his wife mocks us with akara empowerment.
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.
Image123: Jumping from post to post as usual is your unreasonable forte. Subsidy is removed, salaries have increased, and government pays without borrowing. Stick to the matter. After, you can take up another matter.
What government is paying salaries without borrowing? This amalanomics government or another one? A government that has outborrowed previous governments despite increased revenue, subsidy removal savings etc can't pay workers, can't pay pensioners, can't pay contractors, can't pay anyone.
COFWON urges FG to pay up all monies owed to Federal workers
Date: 17 August 2026
The Confederation of Federal Workers of Nigeria (COFWON) has urged the Federal Government to clear all outstanding financial obligations owed to federal workers across the various sectors of the public service.
The President and National Convener of COFWON, Pharm. Comrade Itoro Obong, made the call while reacting to reports that some federal workers, particularly personnel of the paramilitary services, including the Nigeria Correctional Service and Nigeria Security and Civil Defence Corps, are yet to receive their July 2026 salaries.
According to him, outstanding obligations to federal workers range from delayed salaries, salary arrears and allowances, promotion arrears, and the implementation of previously agreed salary-related agreements with various unions and salary structures.
What group of politicians is worse than those of APC
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.
HacheNoire: The best quality of our party is that, it runs like a in-formidable engine. All parts are moving and contributing to the performance of the structure. Talk about political torque, speed and acceleration, nothing comes close. God bless the APC God bless His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)
Why has this political performance failed to transform into governance results, instead of the worsening extreme poverty and insecurity shege of the past 11 years
SonOfWords: Atiku's brightest shot at the presidency was in 2019, and he failed to holistically chase the endeavour to a logical conclusion.
At this point, he's on a profitless journey that's only going to deplete his already waning resources.
Whoever is lying to the Waziri of Adamawa that he stands the chance to win the 2027 Presidential election ahead of any Southern candidate, is simply doing him a colossal disservice.
His brightest chance was in 2003 when he was too loyal to ingrate Obasanjo. He could have succumbed to northern pressure to replace Baba Iyabo who promised to be a one term president like Mandela, to those who made him president despite being a bankrupt ex-convict.
Was 2003 not the first time Buhari asked for the job of president and he was rejected but locked down northern bloc vote until Tinubu made him president 12 years and 4 attempts later in 2015
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.
Image123: All in your head as someone on active payroll of opposition. In reality, governors are receiving over 200% more, some claim over 400%. Governors are paying salaries and pensions without borrowing, after increasing salaries, some over 100% increase in salaries. These are unbelievable figures, which explains the 'loyalty and trust' all state governors have put in the president. You see opposition governors speaking so beautifully. The other day, Anambra governor was boasting about rejecting loan. Keep dreaming that Tinubu bought them oh.
Is the hike in petrol price from N185 to N1,250 equal to 400%
Image123: When you check those, you realize that there's NO subsidy. Otherwise, continue to insist rubbish.
When you check hyperinflation rates, you will realise that governors are receiving less money than they were before Tinubu ANNOUNCED subsidy removal while continuing to pay it secretly under a new term.
So what happened to the money, apart from reckless looting by the Barawo administration of the balablu bulaba master strategist of progreThieves?
Politics › Re: APC Matters In Pictures by anonimi(op): 2:38am On Aug 25
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