3seriez: Point 👍🏾. When infrastructure is not developing with population= problem.
No one is talking about development. What we're talking about is if Nigeria is rich in terms of oil resources. It is not. Some people want to compare us with countries like Kuwait, UAE, Saudi Arabia, Venezuela, Iraq and Iran. Non of these countries have a population above 100 million and they all have oil resources exceeding ours times 2. So , even if their governments does nothing, their countries will prosper. The only condition necessary for them is to be on the good books of the world's police
3seriez: Yet nothing to show for it 😔. When were supposed to be the Dubai of Africa. Shame 😞
When you divide the oil resources by the population of each country, then you start seeing things clearly! Nigeria is poor in term of oil resources per citizen
Maxymilliano: What has his salary at club level had to do with the NFF not doing enough for ex players who fought to put the country name on global list ?
And can we see what Rufai salary was as at then
How much government give you? Are you not a citizen? So why should footballers own be different? It's not a must that government run some expenses on the burial of footballers. So long as citizens don't get anything. They're not different from us
malali: And by publish, you mean lump it together ? Without really classifying or analyzing so many parameters Where were you when IMF and world bank said our statistics could be better Which is akin to saying DMO is practicing voodoo statistics to compute our debt matters.
That thing you wan hear or see, if una no see or hear am, una no go rest
malali: President Bola Ahmed Tinubu has reportedly secured another $238 million loan from Japan, ostensibly to “improve power transmission.” To the casual observer, this looks like progress. But the seasoned Nigerian, scarred by decades of déjà vu economics, knows it’s a rinse-and-repeat cycle.
In 2022, under Buhari, Japan already loaned Nigeria $220 million for the same sector. Three years later, there has been no measurable improvement in power supply nationwide. Nigerians still endure darkness, endless generator noise, and unaffordable tariffs. No clear audit, no transparent breakdown, no accountability.
Now, in 2025, after Tinubu scrapped fuel subsidies and forex subsidies, moves that were sold as “fiscal discipline”, we are ironically demanding an even larger loan. If subsidy savings were meant to free up cash, why are we borrowing more, not less?
The Questions Nigerians Should Be Asking 1. What happened to the 2022 Japanese loan? Where is the project? Which substations were upgraded? Which metrics improved? 2. Why borrow bigger now when subsidies are gone? The fiscal hole was supposed to shrink. Instead, the hole seems deeper. 3. What is the loan-to-loan pipeline? Is this now a treadmill, borrow $220M, then $238M, then $300M, each time with no results?
The Hidden Agenda of Borrowing
When governments borrow aggressively in short windows, especially near the start of their term, it often signals one of two things: • Kickbacks & patronage networks: Loan contracts are tied to contractors and consultants who orbit the ruling elite. • Strategic debt entanglement: Leaving office with a country shackled in obligations so crushing that the next administration cannot maneuver.
This is Buhari economics rebranded, borrow, announce “infrastructure,” but deliver nothing measurable. By the end, the naira is devalued, inflation soars, and the debt-servicing bill swallows the budget.
The Global Contrast
While the world invests in AI, renewable energy, and digital economies, Nigeria is still mortgaging its sovereignty on crude oil backbones and opaque loans. Other nations build wealth engines; we build debt pyramids.
The New Slavery
The old chains were iron. The new chains are debt obligations. You don’t need colonizers if you can keep Africans permanently owing. Every loan signed without transparency is another shackle.
What Must Be Done 1. A bipartisan Senate committee must publish a transparent loan register: • How much borrowed • For what purpose • What has been delivered • What is projected 2. Independent audits by civil society and international watchdogs must track outcomes. 3. Shift from loan addiction to revenue innovation: AI, renewable energy, fintech exports, diaspora remittance leverage, agricultural processing.
Tinubu’s borrowing spree feels less like “reform” and more like loot now, let the next generation pay later. Without radical accountability, Nigeria risks becoming a nation that doesn’t own its future, just the paperwork of its debt collectors.
Stop writing rubbish! DMO publishes our debts. That's our official record. Stop manufacturing silly records
anonimi: How am I the president who is playing hanky panky with dollar rate despite $84 billion subsidy savings and reduced fuel imports and N5.1 trillion trade surplus?
Any idea what ebilokan is doing with all these billions of dollars and trillions of Naira apart from stealing it to bribe politicians for his reelection, since most of us don’t vote, talk less about participating in other aspects of politics and governance?
Oga! We're in a democracy! All moneys accruing to the federation account must be shared in a certain percentage. Therefore, stop asking what Tinubu did with money that belongs to everyone. That question is very silly. Also, stop banding figures you know nothing about together. Debts are not calculated from write-ups in newspapers. Go to the DMO website for figures.
anonimi: How do you increase debt despite paying more for debt servicing, and call it positive stat?
Truly school na scam for the laptop people.
Oga! Debts owed by the FG in Naira is no debt because the FG has the powers to print more money to pay back. Most of this debts are dollar debts. It's you guys playing hanky panky with dollar rates that's making noise about this.
Lilfire: Now I can confidently say that people are now been paid to defend rubbish on line, since the internet is filled with youths who love Obi the government have recruited people to always defend her, shame on all those defending this evil going on do you all know that all the past government were paying subsidies while this particular on with 8billion in two years is not? Busy giving state governors money to support his next tenure, why borrow when you don't have the need for it,
Posting in bold fonts without understanding the topic The write-up is about debt paid by presidents not debt incurred Tinubu has paid more than any other president in 2 years
rinzaugustine: That’s under Anyamelum LGA . PO built the entire LGA buildings standing today equipped with healthcare centers in 21 LGAs of Anambra state , before then halls and classrooms were rented as LGA offices.Enugu otu Aguleri was initially cut off from rest of Anambra by river omambala but PO built a connecting bridge to the community which makes access to LGA and healthcare access a few minutes from the community. The fact soludo named it solution and said it’s the first in the community to mock PO shows the pettiness of an empty so called professor. Go and verify as PO name and date of commissioning are still on the buildings. What strengths people belief in PO is the kind of people attacking or criticizing him because when you look they are all part of that decayed corrupt system mindset that has kept the country down from ever achieving its status as giant of Africa
Bog fat lies from the pit of hell. They want to change the story to suit their failed presidential candidate. He was a failure through and through
BayoBilisi: Enugwu-Otu Aguleri hinterland gets its first-ever General Hospital, reducing the over two-hour boat journey to the nearest mainland hospital for sick individuals and pregnant women. Thank you, Soludo!
Some People just write rubbish. Saying president Tinubu did not think of what to do with subsidy money before removing subsidy is ignorance! The constitution say all moneys accruing to the federation account must be shared in a certain ratio to certain constituencies. How then can the president decide on funds that he has no powers over. For crying out loud! We're in a democracy!
I will never advise my son to play for this country— Ex-Super Eagles Defender, Taribo West says as he Laments Neglect of Late Peter Rufai, Slams NFF and Lagos State at Funeral
Former Super Eagles defender, Taribo West, could not hold back his emotions on Friday as he spoke to journalists at the funeral of ex-Nigeria goalkeeper, Peter Rufai.
The ex-Inter Milan star, visibly shaken, expressed deep grief over the treatment meted out to Rufai after retirement, describing it as a sh@meful reflection of how Nigeria handles its football heroes.
“I share the p@ins and burdens with the Rufai family,” West said. “It is dishe@rtening that Lagos State and the Nigerian Football Federation dropped the buck on them.
This is not how a nation should treat those who gave everything on the field.”
Struggling to keep his emotions in check, West recounted how the news of Rufai’s de@th hit him harder than the loss of his own parents.
“When my mother passed, I didn’t shed tears. When my father d+ed in my hands, I didn’t cry.
But when Rufai d+ed, I had goosebumps and tears rolled down my cheeks. What kind of nation treats its heroes like this?”
The former defender accused football authorities of neglect, pointing to similar cases of late Nigerian stars Stephen Keshi, Rashidi Yekini, and Thompson Oliha, all of whom, he said, were abandoned in their final years.
“Imagine a family crying and begging among themselves just to raise money to bury a national hero.
That is m@dness,” West fumed. “With this kind of example, I would never advise my son to play for this country. Do we even have a football federation in this Nigeria?”
Taribo West ended his remarks by urging authorities to wake up to their responsibilities in honoring and supporting retired players who s@crificed for the country.
by Julie Sports Radio Brila FM
Rubbish talk! We're you not being paid as a professional?
CodeTemplarr: combine what was saved and all loans with deferred payments under Tinubu lets compare to a GEJ who was paying subsidies.
This your subsidy matter is a no-brainer! For a long time now, all government know subsidy was a deep hole but no one had the political will to remove it. You're now using it as a measure! Why didn't GEJ remove it? That's governance for you.
Obi likes speaking from both sides of the mouth. He complained when the president wanted to travel to Japan, now he's also complaining of an empty booth! What does he really want?
funshint: So he expects Tinubu to select him as VP after the ₦250m grass cutting scandal. This man is unreal.
Looking at it from his angel. At no time has any other presidential candidate choosing a muslim/muslim candidate. Him being a top politician in APC who is a Christian would gave felt he had no rival, given that the president was a Muslim.
ALTERNATEID: I like the governor of Edo state, na proper werey. E no go give these ADC/LP coalition of confusion any breathing space in the state. The way that guy go take deliver Edo for 2027 go loud.
Some people said only governors and politicians defected! That the people did not defect with them! See result now! 😄
Gaskia: The headline is mislead, a lawyer sued on his own without the directive of the lady. Emmanson has not sued.
Thank you my brother! The problem with most of us is that we lack comprehensive skills. Emmanson did not sue. It's the lawyer that's carrying matter for head! And him go get headache
Lawyer with no brain! They're two different cases and in both cases, it was not the FG, or NCAA that made arrest but the airlines which are private entities. The issues were only referred to the NCAA after arrest. So how do you accuse government for people taking individual actions
Like play, like play, Obi will be an orphan come 2027. E don cast for am for LP because of anti party activities, ADC is for Atiku and PDP go use am wash plate.
This is a man that travelled to Egypt and China for campaign purpose. Most times, he talks about Indonesia Malaysia and all that. How did he get those information? You can travel but the president can!
You guys should stop it with all these sensational headlines! The best person to highlight a situation or challenge is someone that's had experience in such. KWAM is doing a community service to highlight issue of passengers/aircrew fracas
BeginsAtHome: In as much as I'd like to see Tambuwal serve time if found wanting, I think of Ganduje, Okowa and Bello (Yahaya) and feel like we aren't just ready yet...
If seen pocketing dollars is a crime, then no one can escape jail
You guys curse and swear at politicians everyday but when one is arrested, you start look for excuses. You say politicians are corrupt, Tambuwal was a speaker of the House, if you say he has no stain as a leader, then all under him from whatever political party should also be exonerated.
irumole1975: Many men are self absorbed especially Nigerian men. I read a post on Twitter yesterday about a man who find out his child isn’t his and the wife has been sleeping around with her ex. The man on knowing this stopped all responsibility on the woman and called the marriage quit. What a weak man.
Strong men forgive! They don’t resent and dwell on past mistakes. The children should not suffer because of the little mistake from the mother. Talk to ur wife, ask her why she cheated, apologise to her and let her know you still have her best interests at heart. Marriage is all about forgiveness.
Also, you can try talk to the man she cheated on u with and tell her to stop sleeping with ur wife. Thai way ur wife will know u truly love her and her respect for u will increase.
Nigerian men should learn to swallow their ego
Before you'll start taking care of someone elses children, you'll not know. A man that cheats can only bring diseases and a new wife home. A woman that cheats can bring diseases, another man, children and poverty home
gidgiddy: The Aircraft was parked? Didn't you watch the video of Kwam 1 blocking the Aircraft as it trued to go left and right? Or you think he ran from a parked Aircraft? What if that Aircradt tyre had gone over him and made the Pilot lose control of the Aircraft?
Funny guy 😀! KWAM 1 was not only the person standing in from of the aircraft! How does that constitute danger to the passengers? He was standing with some officials before the pilot decided to take laws into her hands by trying to taxi to the runaway for take off. In a normal situation, the pilot would've alerted the security agents to take the rascal away but she decided to take laws into her hands. That was why she was suspended.
Some persons are still talking trash here. The spokesperson made it clear that Ibom Air pressed charges while Valuejet did not press charges. So it depends on the action of airline in each case.
gidgiddy: You actually think that standing in front of a moving Aircraft is not endangering thr lives of the passengers? Are you guys for real?
Please explain to me how a person standing in front of a parked aircraft endangers the lives of passengers inside the aircraft And please stop lying! The aircraft was not moving