yinkus6750: Imagine the three projects the loans are meant for ? World bank ought to stop doing father Christmas in the name of aid to countries. They need to look at ability to pay back without affecting the economy.
Trust me when I say this, world bank isn't father Christmas, they control a lot the world largest military, Nigerian will pay back in triple fold.
Plus there are a lot of documents which accompanied these loan, if your see the content you go know say, we are at the losing end and not Xmas as you call it.
Thomasankara: [/color]dey whine yourself,I can tell you for free,that the mullah government is already profiling these guys and salivating on how to annihilate them. A saying goes,never count your money at the table[color=#770077]
Same way Israel deligates were writing down names of countries who left the UNGA when satanyahhu was making his remarks
You people are all here cramping another mans history and God with lots and lots of historical data to back it up. You confidently defend the very tool use to enslave your ancestors. I wonder if you know what exist before the foreign God was given to you.
-- When the Missionaries arrived, the Africans had the land and the Missionaries had the Bible. They taught how to pray with our eyes closed. When we opened them, they had the land and we had the Bible --- Jomo Kenyatta Emancipate yourself from mental slavery.
If this man is after anti imperialism, then obviously I stand behind him. If this is against genocide, I stand with him, but if it's oju aye, karimi, them all the best.
It show them a different version of themselves and possible versions so they aren't contented with what they are. Most girls are for the camera and filters, they don't even use up to 30% of the phones functionality
Oracleee: Food, video games, books, fast cars, food again.
I've finished every GTA game ever invented and most Rockstar games and many more others.
I've travelled to many places of interest this year alone.
I've tried different delicacies and invented mine.
I've read all Dan Brown's book and I'm presently on the Alex rider series. I can't even count the number of books I've read between the age of 10 and now.
I've modified my car that Birnin gwari and airport road now knows the sound of it. Also used different cars back to back this year.
Presently Surfing YouTube for new food to try out in preparation for weekend.
With all these, I had to ask, what you do for a living
PROPHETmichael: I'm proud of this action by my president. Freedom of speech doesnt mean freedom to lie
Modify: I see some APC data boys quoting me but let me break it down.
In Nigeria, the government of APC are more interested in witch hunting truth tellers than in holding liars and propagandists accountable, while media outlets like NTA, ChannelsTv and certain journalists as well as data boys are pampered with “brown envelopes” to influence and 'hallelujahlise' their reporting.
Trump is not stopping these media organisations from reporting, publishing, or criticising his administration. His restriction is about access to the White House, not a blanket ban on their ability to operate as news organisations.
There is an important distinction between denying a media organisation access to a particular government venue and silencing the press altogether. The latter is a direct attack on press freedom; the former, while certainly open to criticism and debate, is not the same thing.
Tinubu led APC government would rather intimidate truth tellers while rewarding those willing to tell the government what it wants to hear.
You forgot TVC, oh that's what they are paid to do.
GothamCities: You're mistaken. There was nothing like VAT increment And there's no evidence that Tinubu followed any IMF or World Bank idea on taxation. Tinubu himself has been an advocate of taxation since he was governor of Lagos. The truth is that VAT cannot be said to have been increased under the new tax reforms except you don't understand what was actually done. We were paying more in VAT before the reforms because there were multiple taxation without any form of organization. The new tax reforms consolidated taxes and made the whole tax system coherent. Unlike what was obtainable before the reforms. So, your position on that is grossly erroneous.
Chagoury is of no concern to me except you want to deviate from the main discussion. Whether he's a criminal or not is not my concern, since he is not the one running the country. If he delivers on the jobs given to him, that's fine. And I don't think any court has ever convicted him. Your 'criminal' tag is your own invention.
You can dodge all you want, a government that is not accountable or transparent to how his administration handle it's finance isn't fit to call itself government. if you have no concern on who and how public fund is handled and utilized under your watch, them you have no business saying you want to serve the people. ✌️ Peace out.
GothamCities: I have not discussed anything that supports making world bank or IMF as tools for Nigerian or African liberation. They hold accurate stats for the economy of all nations, and any reference to their stats should be separated from their policies.
And no, Tinubu is not dancing to their tunes. They didn't decide the economic direction or reforms that this administration has embarked on. Tinubu has NEVER been a puppet. Right from the very days of the military Juntas whom Obi served, Tinubu has always had his own voice and ways.
So the VAT increment idea was coined from who precisely. Because the same data you point to as reference to the economic performance of Nigeria from world bank also include solution to them, these solutions are not new, they have been introduced long before now.
Who exactly is chagoury to your man, and who own all the contract he got from doing business with the British. The contract to reform the tin can island plus other project executed under tinubu/APC/ACN era. Maybe the name of the company will ring a bell. Now tell me, chagoury is a criminal, we all know that, he help launder money during the abacha era, plus other crime which I really don't want to dive into. How will someone of such profile be trusted with such project, if your so called jagaban has his own voice and ways. I can give you other criminals running in office in this administration.
GothamCities: Mr obident, this is the kind of debate I like. No insults, no propaganda. Just facts.
But let us also be careful about what the facts are actually saying.
You asked me for inflation, unemployment, exchange rate, security, poverty, borrowing, nutrition, child mortality, life expectancy, school attendance and standard of living. Fine. Let's take them one by one.
1. INFLATION
I never said inflation is good, but there's no disputing the fact that it has improved under this regime. The prices of foods in the market is not due to inflation but due to the exchange rate. And the exchange rate is the way it is because dollar is no longer being subsidized. How can you be borrowing dollars to subsidize dollar, petrol and electricity? Do you know how Benin Republic, Cameroon and Niger were protesting our subsidy removal? How can we be subsidizing for all those nations - and with loans!
I have said that you cannot use the present price of food in the market to conclude that the economic indicator has deteriorated.
The World Bank says Nigeria's inflation fell from 33.2% in 2024 to 23.0% in 2025. The IMF's 2026 assessment puts the average 2025 CPI at 23.0%, compared with 33.2% in 2024, and says the disinflation process continued into 2026 before renewed external food and fuel pressures. Yes, 23% inflation is still high but the improvement from 33% is highly commendable. The direction of inflation has changed. And that distinction matters.
Here again, let's deal with facts rather than emotions.
Tinubu inherited a heavily distorted FX system. On June 14, 2023, the CBN moved to a willing-buyer/willing-seller framework and unified the previously segmented FX market.
Was the immediate consequence painful? Absolutely.
Did the naira initially lose enormous value? Absolutely. And that's because its initial value was fake. Subsided value is fake value.
But the question is whether the reform subsequently produced a more functional FX market.
The IMF says the exchange-rate liberalization, together with the other reforms, improved FX market functioning, rebuilt external buffers and resumed portfolio inflows.
And something very interesting happened in 2025: according to the IMF, the official end-of-year naira rate actually appreciated from about ₦1,535/$ at the end of 2024 to ₦1,435/$ at the end of 2025. It currently stands at ₦1,333.
So if somebody tells you the naira has simply been in an uninterrupted free fall since Tinubu came into office, that is not the truth. If Tinubu was defending the naira as previous administrations did, the value would have certainly look improved but the country itself would be drawing nearer to its grave.
The NBS reported unemployment at 5.3% in Q1 2024, compared with 5.0% in Q3 2023. In Q2 2024 it fell to 4.3%.
So I am not going to stand here and tell you Tinubu has magically solved unemployment.
He hasn't.
But there is another important issue: Nigeria changed its labour-force measurement methodology, so you cannot casually take the old unemployment numbers from previous administrations and put them beside the new ones as though they were generated under exactly the same methodology.
The NBS itself is the place to check the numbers, not Twitter.
And again, 3 years is not enough to fix unemployment. However, there evidence that the government is gradually resolving the issue. Unemployment is a global issue, not a Nigerian thing.
4. ECONOMIC GROWTH
This is where your argument becomes difficult.
The World Bank reported that Nigeria's GDP grew 3.4% in 2024, with Q4 growth of 4.6%. It described 2024's full-year growth as the strongest since 2014, excluding the COVID rebound years.
The IMF estimates real GDP growth at about 4.0% in 2025.
Again, nobody should pretend 4% growth suddenly makes Nigeria Switzerland. But it is growth, and it is happening alongside a substantial improvement in the government's fiscal position.
The IMF says Nigeria's gross international reserves increased from approximately **$40 billion at the end of 2024 to $46 billion at the end of 2025**, while net international reserves increased from $23 billion to $35 billion.
That is important because reserves are one of the buffers protecting a country against external shocks.
Here I will agree with you that Nigeria's debt problem deserves scrutiny.
I am not going to pretend otherwise.
But again, debt stock by itself doesn't tell the entire story. You have to look at debt-to-GDP, interest costs, revenue, maturity structure and what the borrowing is financing.
The IMF estimates Nigeria's public gross debt at **39.3% of GDP in 2024 and 36.1% in 2025**.
But it simultaneously flags something very serious: interest payments remain extremely high relative to Federal Government revenue.
So this is not an area where I will tell you "Tinubu has solved it."
He hasn't.
The more accurate statement is that the fiscal position has improved in some dimensions while debt-service pressure remains a major problem.
You cannot blame Tinubu for increased poverty in the land because there's no way anyone will introduce economic reforms without the reforms bringing in temporal side effects. Real individual wealth is not measured by subsidies enjoyed by the individual citizens of a nation. Real wealth stands unchallenged when your purchasing power is tied to the value you can provide and not to the subsidies you enjoy.
Yes, the World Bank estimates that about **63% of Nigerians were below the national poverty line in 2025**, up from about 61% in 2024.
The IMF also cites 63%.
And 61% to 63% is a minimal negative change compared to the overall positive effects the economic reforms are already delivering. Just last month, the German government testified that Nigeria has suddenly become investable again. Goldman Sachs and several other financial institutions around the world have praised the current elevation of Nigeria's economy within the international economic community.
This administration has tried. Yes, people are still poor. The effects of reforms can take years to materialize, but everyone must understand that **four years is not enough to undo the structural errors of many decades**.
You cannot spend decades building distortions into an economy and expect three years of restructuring to immediately put money back into every household.
The World Bank itself makes essentially this distinction: macroeconomic stabilization has improved, but household incomes have not yet recovered sufficiently and poverty remains high.
Now this is where your question actually exposes a problem with trying to attribute every social indicator to whoever happens to be president for three years.
UNICEF's data show Nigeria's under-five mortality rate has been declining over the long term: from about **207.6 deaths per 1,000 live births in 1990 to 115.6 in 2024**.
So are you seriously suggesting that Tinubu personally caused the entire decline from 1990?
Of course not.
Likewise, Nigeria's nutrition and education problems did not begin in 2023.
UNICEF's 2024 assessment says Nigeria has made progress in areas including child mortality and immunization, while simultaneously documenting serious continuing problems in nutrition, education and poverty.
For example, about 40% of children under five are stunted and 8% are wasted.
Those are enormous problems, but they are structural Nigerian problems, not problems that suddenly appeared on May 29, 2023.
Nigeria still has a serious security problem but in all honesty, there has been a drastic decline. Previously, news of Fulani Herdsmen, Bandits, Boko Haram, Lukarawa, ISWAP, etc graced the headlines virtually EVERY DAY. No week ever passed without some bad news happening in multiple places. That situation has changed today. How many bad news have you heard this month or even this week, today being Friday already.
Yes, security is still one of the major remaining risks to economic activity. However, it would be dishonest for anyone to say the situation has not changed at all.
But there is another question: did insecurity begin with Tinubu?
Obviously not.
Boko Haram, banditry, kidnapping, Fulani Herdsmen and communal violence existed under Jonathan and Buhari and, in different forms, long before them without declining.
The proper question is therefore whether the security situation has improved or deteriorated over specific periods and regions, using a consistent dataset.
That's a much more serious debate than throwing one viral video at each other.
Life expectancy is a long-term population-health indicator. It is not a sensible instrument for declaring that one president has transformed Nigeria after three years.
The same applies to maternal mortality, child mortality, nutrition, school attendance and basic sanitation.
You have to examine the long-term trajectory, the baseline inherited by the administration, and the specific policies being implemented.
Otherwise every president gets credit for every improvement and blame for every deterioration that occurs during his tenure.
That isn't serious statistical analysis.
---
And finally, your video.
You asked me for the unedited video of Tinubu's response on insecurity.
Fair enough.
I am not going to manufacture an "unedited" video just to win an argument.
The widely circulated 2026 clip is available in longer form here:
If somebody has a longer original recording from the event, let's put both versions side by side and establish exactly what was removed.
That's how facts work.
---
And one final point.
You asked me to demonstrate that the average Nigerian is better off.
I cannot honestly demonstrate that across every household-level measure. The World Bank itself says household incomes have not yet recovered fully and poverty remains high. Rome was not built in a day.
But neither can you take those facts and conclude that every reform has failed.
The international evidence is actually much more nuanced:
The macroeconomic foundation has improved substantially, while the social benefits of that stabilization have not yet reached enough Nigerians.
That is precisely why the World Bank says Nigeria now has an opportunity to convert stabilization into broader improvements in livelihoods.
And that, my friend, is the part of this debate I think you are missing.
Nigeria didn't arrive at this point in 2023.
The structural problems accumulated over decades.
You don't reverse decades of fiscal distortion, FX distortion, weak revenue collection, infrastructure deficits, insecurity, human-capital deficits and dependence on oil in three years.
Four years is not enough to undo the errors of many decades.
But three years is enough to tell whether a government has begun changing the direction of the machinery.
And on that particular question, the IMF and World Bank are already documenting substantial changes.
Let's continue with the figures.No insults.No propaganda.Just verifiable numbers.
You forgot one key ingredient, the IMF and world bank cannot be a tool for African liberation. Their policy was what put us here in the first place. Same IMF and world bank who gave an advice on their website and quickly removed it. If you understand imperialism and neocolonialism, you will obviously find another source to verify everything that comes from them. It's a playbook that have been ran countless of time, take Thomas Sankara of burkina faso as an example who achieve sovereignty outside load and borrowing and what they did to his administration. Gandafi in Libya, and the countless death trap on traore and the sahel.
Tinubu is dancing to their tune(floating the currency, devaluate the Naira and extreme borrowing), he has to, they've gotten his drug case history with them, so they have all means to put these up, I don't have to tell you, most of these loan comes with agreement not available to the public and to be paid back by generations to come.
I am not saying obi is a saint, neither is atiku and his money laundering history using his wife name in the past. Truth is, I don't even see anyone preaching breaking away from neocolonialism. But I am sure tinubu ain't doing anything substantial and nothing can convince me the economy wouldn't have been navigated better btw 2024 and now. If you need fact I could provide them, outside the wall of world bank and the IMF.
FSBoperator: Even with BH, Bornu still remains far better than any state in your SE.
Ask any of your people who have been living in Bornu and they will tell you that business opportunities in Bornu dwarf your entire SE combined
Just shut up, Cos it is clear you haven't been to borno. Try their motor park for a start and see the number of almanjiri flooding the park for peanut. Because you are paid to exercise graded inequality does not mean you should ignore the truth when you see it. I don't care where our Savior is going to come from, I am certain it isn't this fuel unaccountable(fuel subsidy), drug baron(western controlled) and power drunk(funsho Williams death) piece of shit
First question is who has something the gain in their death. Second question will be, what was recovered from them and what was it's worth. Third question will be, who is financing them. Finally postmortem result.
Worryingly: Death to all terrorists and those who sympathize with them.
Evil shall follow them through the length and breadth of the earth.
You know the meaning of terrorist right. So who is coming to another man land to terrorize them. I am starting to pick interest in this war of a thing, but all you guys have been saying aren't making sense.
hegelian: Who was doing the attacking and what was the reason for the attack..
Every sane human know that islam need remodeling else it will still be producing terrorist and killers 5000yrs from now.. It need to undergo restructuring like Christianity did from old Testament to new testament..
You mean capitalism restructuring use to enslave your forefathers ba. Pls shift with all these religion fanatic. Humanity before our history, custom and traditions before any foreign religion. Emancipate yourself from these mental slavery of adopting everything from the west and Arab nation as if we are still in the slave era. Spit....
meobizy: I will never understand how these affect us when we produce our own oil.
Hmm. Seems you don't understand neocolonialism and imperialism. You don't even know that the world bank and IMF had us so choked that we cannot provide raw crude to run dangote refinery. He has to buy from these outside countries to run his refinery.
I guess when you open up the document and contract requirements that come with the loans we have on us, it'll help enlightened you abit. I thought dangote group publicly admit this, when it initial price was released, abi una no dey read new.
It's a shame everyone here carry head follow same direction dey reason say these things happening is solely because of religion. I see Islamic terrorist, Israel savior bla bla bla.
Well, I wish you all the best and hope you understand world politics one day.
Politics › Re: FG Seeks Fresh $1.5 Billion World Bank Loan by Galapagous(m): 11:28am On Sep 28
