favor914: Hahaha , please don’t vent your anger and frustration on me, it is not my fault that u are a Nigerian, It is not my fault the Bola Tinubu is your president.
How is it not your fault if you support the worst rogue politician
Lifestone: PDP under Obasanjo did a good job in reforms and he was heavily criticized, he privatized and attempted to bring efficiency into many of government processes, reformed the banking sector, the capital market, produced more crude, so more funds came in and the nation prosper. Government after OBJ didn't follow up and as a matter of fact reverses some of the very important reforms. People like you hecked Yaradua until he cancelled out the privatization of the Refineries, where are those Refineries today? Failed. You guys are on course to reverse this major reform that 3 previous government has been unable to do. Like I said before, our conversation shouldn't be about reversing subsidy, but putting enough pressure on whatever government in power to use the proceeds of Subsidy removal In infrastructures, education, agriculture, healthcare etc rather this your evil calls for a return to subsidy is diabolical
The refineries have been working since 2015 and even one of them started exporting since 2024, according to APC and Tinubu balablu bulaba propaganda liars.
The ones who pay subsidy with a different name, over a year after announcing it was removed. Those ones!!!
anonimi: NNPCL’s subsidy payment jump by 47.9% to N7.1trn in 2024
November 26, 2025
The Nigerian National Petroleum Company Limited (NNPCL) paid a total of N7.1 trillion as subsidy for premium motor spirit (PMS) in 2024, this sum represents a 47.9 percent increase from N4.8 trillion recorded in 2023.
This is despite the government’s announcement of subsidy removal in 2023.
The company explained that the amount, which it termed ‘energy security expense’ arises when there is differential between the exchange rate used to freeze the premium motor spirit ex-coastal price and the prevailing rate at the point of import settlement.
According to the report, government had instructed that NNPC Limited cannot sell its PMS above a certain regulated price. It added that the cost of petrol import is usually much higher that the regulated price.
emkz: Atiku has no plan for 2027. He has no plan for simulating the economy.
I watched snippets of the interview and Kenneth failed to make economic sense.
For example, Atiku Fuel Affordability Plan (AFAP) only talked about cost of production of fuel. Atiku cannot decide to sell fuel at any low price because he wants to make fuel affordable. Does Atiku know the cost of discovery, drilling and extraction? Does he know the cost of logistics? You cannot spend ten naira on production and sell at two naira because you want to make fuel affordable. You'd either forfeit collecting taxes and/or royalties or pay the difference. Where will Atiku get the money to do that?
AFAP is voodoo economics and saying something to appeal to gullible voters.
Atiku did it before as the brainbox of Obasanjo era deregulation and privatisation policies for 16 years PDP prosperity, peace and security with high productivity, low debt, low unemployment etc.
He will do it again and the time is NOW!
How long did it take for telecom prices to crash after the sector was deregulated a quarter century ago?
Imagine if NNPC refineries privatisation was upheld like its petrochemicals division below?
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.
Image123: It's wrong to even be in support of Atiku
Of course it is wrong since Tinubu is paying subsidy with a fancy name, as the balablu bulaba master of propaganda deception that he is.
anonimi: NNPCL’s subsidy payment jump by 47.9% to N7.1trn in 2024
November 26, 2025
The Nigerian National Petroleum Company Limited (NNPCL) paid a total of N7.1 trillion as subsidy for premium motor spirit (PMS) in 2024, this sum represents a 47.9 percent increase from N4.8 trillion recorded in 2023.
This is despite the government’s announcement of subsidy removal in 2023.
The company explained that the amount, which it termed ‘energy security expense’ arises when there is differential between the exchange rate used to freeze the premium motor spirit ex-coastal price and the prevailing rate at the point of import settlement.
According to the report, government had instructed that NNPC Limited cannot sell its PMS above a certain regulated price. It added that the cost of petrol import is usually much higher that the regulated price.
IgOga: Okonkwo the fake lawyer came on TV to claim he is now an economist He thinks if someone says " I saved money" it means they put it in the bank He has no idea of basic accounting and money management. No wonder he is with Atiku saying they are bringing back subsidy. Bereft of any logic
What logic do you have since you follow the balablu bulaba expert of amalanomics, a worse version of voodoo economics
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.’
HacheNoire: His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) keeps strangling the opposition with wins and achievements. No doubt! His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) was destined to rescue our great country. Dedicated to enhancement and delivery of infrastructural projects that directly impacts the free flow of good, services, motorists and pedestrians. This what the US failed to do with $40tn debt. Failed to invest in the people, and never learnt from China. Now we taking our rightful spot as the giant of Africa.
Wins and achievements like Remi Tinubu's akara empowerment to replace her husband's 50 million employments that have failed to materialise after three years of renewed hopelessness
akpumping7720: If you like, celebrate it in the mosque; it's none of our business. So the likes of Rabiu, Dangote will fold their hands for Atiku to come back and scatter the economy again. Never!
How does this look like scattering the economy with privatisation and deregulation policies that unleashes the productive juices of 200 million Nigerians and propels us to biggest economy in Africa
Make you shine your eyes well, see better things o.
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.
Lifestone: Jonathan Government became broke and was unable to fund any infrastructure development or even maintain one. A whole ministry of work had budget of less than N10billion, Not to talk about the Buhari era that we have to borrow to pay salary and debt. Nigeria must never go back to such an era. What we must do now is to ask for accountability of governance, the money saved should be spent on things that directly affects Nigerians. No going back to subsidy
Oga make you dey softly tell lies o. E get why god punishes liars with sudden death.
Meanwhile, any excuse for why Tinubu can't pay workers, pensioners and contractors while rolling over budgets since 2024 due to low implementation?
bumi10: Former Rivers State Governor and current Minister for Transportation, Chibuike Amaechi has praised the former Nigeria preident, Dr. Goodluck Ebele Jonathan for his ability to complete more than 80% of his projects before leaving office.
According to Daily Post, the Minister of Transportation on Tuesday commended the immediate past administration of ex-President, Goodluck Jonathan for embarking on massive projects that have been beneficial to Nigerians.
Speaking at a Town Hall meeting in Abuja, the former Rivers State governor said his Ministry did not meet any comatose project on assumption of office. He said the President Muhammadu Buhari’s administration continued the projects of the previous administration because “We realised the impact of the recession.’
Amaechi noted that the Kaduna-Abuja railway was nearly 80% completed by the Jonathan’s administration. He said, “In the ministry of transportation, we did not meet anything comatose. We met an attempt to bring back our rail services.
“The Kaduna-Abuja railway was nearly 80% completed which we commissioned and commercial services have commenced.’’
Kukutente23: Since you're on the payroll of govt you can help the image maker out. It was you who started the comparison and now that you're asked to substantiate you revert back to flimsy excuse of not being an image maker What projects has your state govt done that is more than anyone has done before and is Tinubu your state govt? The conversation was around Tinubu's performance not state govt Removal of subsidy especially the haphazard way it was removed is a bad idea. How can fuel price jump over 600% and you call it a good policy? Wait a minute, when subsidy was removed in 2012 under Jonathan which Tinubu and his goons organised against, fuel price went from N87 to N145 which was less than 100%. And crude oil was selling at over $110 per barrel. So how come fuel price is 600% now at just around $100 per barrel? How can such daylight robbery be a good policy?
Lifestone should tell us how much he has been FORCED to pay as subsidy for the last 11 years of APC corruption in the oil sector. I am sure he knows how long it took PDP deregulation and privatisation experts to crash the price of telecoms after the sector was reformed a quarter of a century ago.
Why won't a patriotic Nigerian want a return to the good old days of PDP prosperity, peace and security with high productivity, low unemployment and less debt burden?
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.
“Before now, I used to visit the CBN every two weeks to lobby for FX, to survive,”
— The Chairman of BUA Group, Abdul Samad Rabiu.
The propaganda machine balablu bulaba outputs will be debunked as soon as they are released.
What was the spread between official and parallel market rates when the Emir of Rabiu’s city was CBN governor to warrant lobbying for fx at the bank?
Who made Buhari president and reinforced the failure for a second term, if not the same amalanomics master strategist who called him expired in 2011?
What happened to the positive trajectory promised by wicked Jagaban of fake promises and false achievements? Why has he failed to deliver on the promise despite Elumelu claiming that oil theft has reduced over 90%, and despite his UBA arranging for $3.3 billion SPV loan from Afreximbank to defend the currency?
Is Tinubu stealing all the money?
anonimi: World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate
April 23, 2023
The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*
“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.
“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.
What did Tinubu’s packaged messiah do with all our money such that he also failed to deliver his promise for exchange rates
Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), has promised to ensure that the naira would be equal to the dollar in value if voted into office.
NAN reports that Buhari said this on Monday during the south-east presidential rally of the party at Dan Anyiam Stadium, Owerri.
“It is sad that the value of the naira has dropped to more than N230 to one dollar. This does not speak well for the nation’s economy,” he said.
He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.
HacheNoire: The administration of His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) will continue to focus on the goal. We are witnesses of the economical and infrastructural turn around. He has made us to see where we headed towards which is feasible, and rest assured and confident that he will deliver. God bless His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) God bless The Federal Republic of Nigeria
Why should God bless someone who missed the goal of N300/$1 in the short term that he set for himself? What kind of balablu bulaba god is that
Do you think that Tinubu has stolen all this $3.3 billion SPV loan arranged by Elumelu at an outrageous rate of 11.85%?
ijustdey: Nigeria will pay an interest of 11.85 percent per annum on the $3.3 billion “pre-export finance facility” (PxF) facilitated by the Nigerian National Petroleum Company (NNPC) Ltd and arranged by Afrexim Bank, TheCable can report.
Until now, the fine details of the transaction, which has a five-year tenor, had been withheld by all parties involved.
A similar cocoa-backed $800 million facility arranged for Ghana by its cocoa marketing board attracts an interest of 8 percent per annum.
Bilateral lenders, such as the International Monetary Fund (IMF), would typically charge 1-3 percent with a longer tenor.
In the details seen by TheCable, Nigeria pledged a total of 164.25 million barrels of crude oil — at 90,000 barrels per day — starting from 2024 to repay the loan through Project Gazelle Funding Ltd, an “orphan” special purpose vehicle (SPV) incorporated in Bahamas for the PxF.
Effectively, the NNPC has pledged 38.58 percent of five years’ worth of tax and royalty oil to secure the loan.
Nigeria pledges over $12 billion worth of oil At the beginning of 2024, a barrel of Nigerian oil was sold at the international market at $77.93 per barrel, according to the Central Bank of Nigeria (CBN) data.
At $77.93 per barrel, the 164.25 million barrels of oil pledged by Nigeria equals $12.8 billion — about three times more than the facility taken.
Pre-2014, the national oil company used to remit an average of $3 billion from oil sales every month.
Officially, Project Gazelle Funding Ltd (PGFL) is the borrower while the NNPC is the “sponsor” and will pay with oil to the SPV to liquidate the loan.
To make the repayment, the NNPC will forward-sell 90,000 barrels per day of Nigeria’s share of offshore crude oil under the production sharing contract (PSCs) with the oil companies.
Under PSCs, the companies usually pay royalties and taxes by giving the oil equivalent to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Federal Inland Revenue Service (FIRS) respectively.
The NNPC in turn exports the oil on behalf of NUPRC and FIRS and remits the proceeds to the agencies.
This is part of the revenues paid into the federation account and shared by the three tiers of government.
But under the PxF, the revenue from 90,000 barrels per day will be used to service the loan in the next five years.
The loan arrangers will get a commission of $66 million or 2% of the facility, TheCable further learnt.
Nigeria will pay 2 percent penalty per annum in the event of a default.
‘DOLLAR LIQUIDITY TO STABILISE THE NAIRA’
The national oil company announced in August 2023 that the PxF was to support the federal government “in its ongoing fiscal and monetary policy reforms aimed at stabilizing the exchange rate market”, describing it as “a relief for the naira”.
It called the facility “crude oil repayment” with an upfront cash loan “against proceeds from a limited amount of future crude oil production”.
At the time, the dollar exchanged for an average of N775 in the official market and N885 on the streets.
The rates have now moved to N1,035/$ (official) and N1,230/$ (parallel).
Nigeria’s outstanding forex liabilities are currently thought to be over $7 billion.
In an explainer after announcing the PxF last year, the NNPC said its exposure is very limited, “covering just a fraction” of their entitlements and that “there are no sovereign guarantees tied to it”.
It said it “will also equip the Federal Government with the necessary dollar liquidity to stabilize the Naira, with limited risk”.
A strengthened naira as a result of the initiative, it said, “will lead to a reduction in fuel costs. This means that if the Naira appreciates in value, the cost of fuel will drop and further increases will be halted”.
It also ruled out subsidies, maintaining that a stronger naira “will result in lower prices from the current level, making subsidies unnecessary. The deregulation policy remains unchanged”.
Critics questioned NNPC’s involvement in getting loans to boost forex reserves when it should be concentrating its efforts on bringing in more oil revenues.
There were also questions over the decision to pledge the tax and royalty oil belonging to the entire federation to secure the loan.
Analysts also queried why the details of the deal were never made public.
yarimo: 23 hours 30 minutes and 50 second everyday of power supply
Just like Tinubu said he stopped borrowing because of hitting higher revenue budget but is borrowing more than previous presidents?
Or like he announced subsidy is gone but still pays even more than other presidents over a year later?
Abeg, make una stop una comedy jare. It's not funny at all.
anonimi: NNPCL’s subsidy payment jump by 47.9% to N7.1trn in 2024
November 26, 2025
The Nigerian National Petroleum Company Limited (NNPCL) paid a total of N7.1 trillion as subsidy for premium motor spirit (PMS) in 2024, this sum represents a 47.9 percent increase from N4.8 trillion recorded in 2023.
This is despite the government’s announcement of subsidy removal in 2023.
The company explained that the amount, which it termed ‘energy security expense’ arises when there is differential between the exchange rate used to freeze the premium motor spirit ex-coastal price and the prevailing rate at the point of import settlement.
According to the report, government had instructed that NNPC Limited cannot sell its PMS above a certain regulated price. It added that the cost of petrol import is usually much higher that the regulated price.
strangest: Its getting interesting.. the whole thing is complicated
Is it true he snitched on MKO?
Of course he snitched on him. The master strategist has a long list of betraying people who helped him. Na use & dump specialist be that. Someone who threw his own brother Oyetola under the bus to grab Adeleke after Osun people rejected APC, can dump anyone anytime he feels they are no longer useful to his fight and grab power schemes.
It is very possible that he was a double agent for Abacha inside NADECO those days, seeing how he is desperately breaking every bad record of the Goggled dictator.
anonimi: My dad, victim of complex conspiracy – Kola Abiola
What role did Bola Tinubu play in all of these?
At the very beginning, he was part of the Yar’Adua PF group from Jos. He was a senator then, and as far as the group went, we related. The crisis started post-election. When Abacha came, one of the things he wanted to do was to be the administrator for Lagos.
That is Tinubu?
Yes. I am sure you have seen pictures of him and my dad. He was hoping that there would be civilian administrators like we had under IBB but Abacha said no, that he was going to have military administrators. So he (Tinubu) said okay, in that case, can I be a deputy administrator? But Abacha said that there wouldn’t be deputies. Then he wanted the post of a commissioner.
He wanted to be a commissioner?
Yes. Then it was a choice between him and someone very close to Jakande who has passed on now. I can’t remember his name, but because Babagana was already in the government, that guy was picked as commissioner. But really, Senator Tinubu had lost out already.
Was Tinubu very close to MKO?
Yes, he was close enough. He and Adeniyi Adele, a very good guy, were close to my father. In fact, Adeniyi was closer to my father and more dedicated to the process than anyone of them. When my documentary comes out, you will see Tinubu’s take on issues. So once he lost out, automatically, he became a NADECO member and Adeniyi was incarcerated.
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.’’
HacheNoire: What did the previous administration do? If you must judge, you are mandated to extend a big portion of the blame to past administrations. Even if water issue is to be addressed today, it cannot be completed in 4 years. It now takes us to the question, what did previous administration do? You MUST accept that this is the best governor Enugu has had in last 3 decades. The state is moving in the right direction. Consistency is the only thing required now.
Why are you so eager to show off your Stockholm syndrome status at every opportunity?
How much of what Jakande did in just four years has been replicated by Tinubu, Fashola, Ambode and Sanwo -Olu in 27 years of growing Lagos budget 100 times to N4.2 trillion from higher tax burden on Lagosians who now drink water from shitty boreholes unlike the situation 46 years ago?
How does that look like progress to you
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.
Jakumo: Okechukwu Charlie, my brother, nnaa why you come dey carry drug like dis after when you tell us for village say na spare part of moto you go dey buy for obodo oyibo ?
The time when you dey enter plane go oversea, we all dey hail you say you go represent our village well-well, and den come build BIIIIG mansion when e be say na only security man go dey live for boys quarter there.
Last week, na Chinedu dem cash for India, and last month na Cletus Nwabuniike dem cash for Thailand, before dem come cash you, Okechukwu, for Cyprus. Why ona no dey hear word, all you dis my brother dem? Odigimma o. Ngwa yenimm egomm. Give me my contribution when I follow dem donate to buy ya air ticket. All dis shame don dey too much, Eziokwu.
Nwannemm, odikwa serious. Na who go come follow you complete that mansion for ya village after when dem throway you put for cell, together with Emeka, Chidinma, Onyisi Chuks, Chairman Ndubuisi and others?
Which one of the listed names was for Tinubu before he changed to that of a notorious slave trader, only to betray his own people as foretold by Obasanjo
VoiceHenshaw27: The numbers of Nigerians apprehended for drug trafficking lately is quite alarming. What is really happening?
There have been an alarming increase in drug crime and illegal organ harvesting than before. And it continues to dent the country's reputation.
How did we get here, please?
What is really happening is the inspiration for renewed hope of becoming master strategist in politics after serving a light sentence in friendly countries for the crime.
SeeWahala: So far no beheading or fraud is involved It's just simply demand and supply 🤗
Is that how they see it in Chicago also, such that one can forfeit $460,000 to have renewed hope of being president of 200 million smart Nigerians a few decades later? Thankfully for those involved, they did not commit their crime in China, otherwise...................
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.’’
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.
HacheNoire: Sincerely, I am jealous of Enugu State! The state got it right this time! At this pace, No way the state is not going to become the destination for investors in the South East. Nevertheless, More still needs to be done. His Excellency needs to curb cult activity and menace in that state as they happen to be the only security challenge of the state. Enugu is a peaceful state of you remove cultism. I still have strong conviction that my first real estate investment in the south east will be in Enugu.
Jealous of the state for its failure to make water available to residents, like other states? Is that how it was before 1999, or before 1960? Is that how it still is in Chicago, London, Paris, Toronto etc
The federal government is not responsible for water supply in cities and towns. This is the responsibility of states.
500 gallons of water go for N20k. Multiply by 4 in a month, that's N80k. By extrapolation, that's N960k in a year on water alone. Why? Because the governor believes that clean and accessible water is the least of his worries. Yet they prance around like Enugu is Abuja even though the red muddy soil will have residents looking like they went tomb-raiding at night.
But then, considering where it was before Peter Mba, one can understand the accolades being that he moved the town from 16th Century to 17th Century but not anywhere near 20th Century. 21st Century is a stretch. EEDC? The worst of all.
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.’
Tabithatim: Governor Peter Mbah’s aggressive investment in intelligence, technology and inter-agency security operations is yielding results, with Enugu increasingly demonstrating its capacity to disrupt kidnapping networks and protect residents, businesses and investors, writes Gideon Arinze Government
For Governor Peter Mbah of Enugu State, the fight against insecurity is not merely about responding to crimes after they have occurred. It is increasingly a deliberate strategy to make the state hostile to criminal networks, strengthen the capacity of security agencies, restore public confidence and create an environment where residents, businesses and investors can operate without fear.
How has he addressed unemployment of youths in the state, to limit idle minds that are the devil's workshops?
Has he employed as many teachers as Makinde did? How many other workers has he employed as a progressive APC governor to make education free for all children
anonimi: NUT commends Oyo over recruitment of 19,500 teachers
The Nigeria Union of Teachers, Oyo State, has commended Governor Seyi Makinde-led government for recruiting 19,500 teachers in five years.
The union, in a statement signed by the NUT Chairman, Oladimeji Raji and the Secretary, Salami Olukayode, noted that the appointment of 5,000 teachers in his first term and 14,500 since the inception of his second term into the state primary and secondary schools was noteworthy.
The union said the ripple effects of the recruitment were that it would address the problems of inadequate manpower in the education sector and promote teaching and learning.
The statement read, “Your disposition towards turning the tide of the education system of Oyo State remains unprecedented and unmatched not only in the annals of recruitment history of our dear state in recent times but also across the entire 36 states of the Federation including the Federal Capital Territory.
“Your Excellency Sir, your achievements in the education sector since assumption of office particularly, on the successful recruitment of over 14,000 qualified teaching professionals and about 3,500 non- teaching personnel, aside from an appreciative number of caregivers is a clear cut and a perfect reflection of your results-oriented style of leadership aimed at providing free, qualitative and quantitative education to the amiable citizens of Oyo State. This gesture shall, without doubt, have a significant touch in our classroom and as well enhance educational service delivery to our school children.”
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.
Those are patriotic Nigerians applauding our gallant soldiers.
Tinubu and his wicked ACN/ APC leaders won’t do anything like that. They invited terrorists to kill the soldiers and destroy the country, so that the master strategist of Nigerian politics could beg Buhari to make Jonathan a one term president, for him to take over in 2023.
How can he be so wicked
anonimi: What group of politicians is more wicked than A-looter Propaganda Conmen, APC
How we brought In Fulani militias from Mali, Sierra Leone, Senegal, others to win 2015 election — Kawu Baraje - mailchi.mp/businessday.ng…
Aug 2, 2022
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iwaeda: Oyo State Governor, Seyi Makinde, on Friday said the abduction of pupils and teachers from Oriire Local Government Area occurred just hours after he declared his intention to contest the 2027 presidential election.
Makinde made the remark while addressing a meeting with Bauchi State Governor Bala Mohammed and leaders of the Allied Peoples Movement in Bauchi, recalling that Oyo had not recorded a similar incident during his seven years in office before the May 15 attack.
“For seven years, we didn’t witness anything like this in Oyo State. I declared to run for the presidency of Nigeria at four o’clock, and by 9 a.m. the following morning, the children were abducted,” Makinde said.
Hours after Makinde’s remarks in Bauchi, the Presidency announced that all the victims had been rescued after spending 56 days in captivity.
The Presidency said the victims were freed during a joint operation involving the military, the Department of State Services and the police, with eight suspected kidnappers arrested and others neutralised.
badoh: Atiku has weighed all avenue to use to campaign against Tinubu and all failed and that is why he believes his last option is to promise to return subsidy whether the economy tumble back to retrogression doesn't concern him for now. But has he any plans to stop smuggling to neighbouring countries by the time Petrol sells below the current market price, has he any plans to prevent artificial scarcity of pms. People should be wise and not rush to the Greek gift Atiku is dangling before them. Someone said every tanker loading pms from Dangote refinery should be tracked, no be Nigeria we deh, even if you track them, these useless people will still empty the content to another tanker.
What part of the economy tumbled into recession when Atiku’s deregulation and privatisation policies were implemented to unleash economic growth for cheap dollars, cheap petrol and low debt
Why has Tinubu failed to do likewise despite his balablu bulaba fake promises of amalanomics wizardry? It’s four years since he hit the ground running after fighting for and grabbing power, in case you missed that.
Majesty2: The APC Presidential candidate, Asiwaju Bola Ahmed Tinubu, has revealed how he will drive the economy of the country, strengthen the Naira and making the country "import less" while "exporting more".
seunmsg: We will keep opening threads to report the positive trajectory of the economy even if the threads never make it to front page unlike those with negative messages.
The propaganda machine balablu bulaba outputs will be debunked as soon as they are released.
What was the spread between official and parallel market rates when the Emir of Rabiu’s city was CBN governor to warrant lobbying for fx at the bank?
Who made Buhari president and reinforced the failure for a second term, if not the same amalanomics master strategist who called him expired in 2011?
What happened to the positive trajectory promised by wicked Jagaban of fake promises and false achievements? Why has he failed to deliver on the promise despite Elumelu claiming that oil theft has reduced over 90%, and despite his UBA arranging for $3.3 billion SPV loan from Afreximbank to defend the currency?
Is Tinubu stealing all the money?
anonimi: World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate
April 23, 2023
The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*
“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.
“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.
What did Tinubu’s packaged messiah do with all our money such that he also failed to deliver his promise for exchange rates
Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), has promised to ensure that the naira would be equal to the dollar in value if voted into office.
NAN reports that Buhari said this on Monday during the south-east presidential rally of the party at Dan Anyiam Stadium, Owerri.
“It is sad that the value of the naira has dropped to more than N230 to one dollar. This does not speak well for the nation’s economy,” he said.
He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.
9japride: I won't say it's lack of education, because a lot of educated people still intentionally vote based on tribe and religion. To me it's just wickedness and It will take ages for things to change. Maybe the more people are getting enlightened through the internet seeing how other societies in foreign countries are working effectively it will make people change.
Where did you find education in the post you replied?
I talked about enlightenment. Enlightenment through the eyes of people like you who are not wicked nor self serving WORKING to make them see the world as you see it.
This is not through the internet. It’s a deliberate effort.
Why don’t you want to do the enlightenment work, if you are not also a wicked person who just wants to point fingers at others
Politics › Re: Atiku And Obi Reject Single Opposition Candidate by anonimi: 12:21pm On Aug 24
