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Ibabz's Posts

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PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 6:54am On Apr 05
helinues:
Don't be unfortunate on Sunday morning. I expressed myself without tagging anyone.

Kindly do the same without hiding under my comments.

Thank you
Nawa oooo! On my thread? Nothing Musa no go see for outside gate ooo.
PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 6:52am On Apr 05
I have said this before, it’s not difficult to know Tinubu keyboard warriors.


https://www.nairaland.com/8167570/how-identify-tinubu-apcs-keyboard

Identifying "Tinubu’s keyboard warriors” is not difficult, they exhibit certain behaviors and characteristics associated with their online presence.

Here are some of the ways you can spot them:

Frequent Posting: You will always see them morning and night trying so hard justifying their paychecks by defending anything and everything about Tinubu.

Defensive Attitude: They tend to be highly defensive and quick to counter criticisms of Tinubu without showing proof to backup their claims. This can involve vigorous debate, dismissal of opposing views, or attacking critics.

Reposting Official Content: They often share or retweet content especially propagandas from official Tinubu accounts, campaign materials, or pro-Tinubu media sources

In-group Language: They might use language or references that are familiar within Tinubu’s support community. Something like Tinubu till 20100.

Tactical Discourse: They are very Subjective and biased with their arguments. Even when they know they are lying, they just want to deliver their online constituency.

Personal Attacks: When faced with criticism or differing opinions, they might resort to personal attacks or dismissive comments against opponents or critics of Tinubu.

Promotion of Achievements: These people do not have anything to show Nigerians as a singular achievement.

Understanding these patterns can help identify supporters who are active online and vocally backing Tinubu, especially in the context of political discussions and debates.
PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 6:48am On Apr 05
helinues:
Dear Lord, I am grateful for not making me a bitter soul hating on the development of my own country
Dear God,
Thank You for setting me free from the chains of slavery, the snares of bewitchment, and the cold grip of hypothermia where men grovel for crumbs and worship their oppressors, where souls sing praises for those who have sold the future of unborn generations for a mere N30k stipend.

Thank You for planting in me the spirit of discernment, a mind clear and unshakable, and the courage to call out evil boldly, without fear, without compromise, and without prejudice.
PoliticsRe: Atiku Lost PDP Ticket In 2007 Over Alliance With Tinubu - Bode George by ibabz(m): 6:15am On Apr 05
This is also a warning for Wike and anyone defending Tinubu: you simply cannot trust him. I genuinely feel for the Yorubas placing their hopes on a man driven purely by selfish ambition. By the time Tinubu is finished, I doubt any Yoruba person will have the opportunity to occupy Aso Rock for the next 50 years, no matter how capable, sophisticated, or intellectually gifted they might be. Tinubu is a master at using people solely to serve his own interests.
PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 5:30am On Apr 05
Buccalcavity2:
You are the joke here. I never said the road is not going to be tolled. I'm in fact in support of the road being tolled. I queried your extrapoltion of the tolling fee. Its above your head, i see.
Now explaim how $11-13b turned to tens of billions of dollars!
Oga, e be like say na only you waka go school, rest of us just dey watch you shine your “big grammar,” abi? Funny thing be say, na you still dey struggle to explain wetin you even write.

That your line, “saw toll on another road, therefore projected it on the coastal road and started calculating”, you sure say you understand am yourself? Or you just dey arrange words hoping say e go sound deep?

Out of everything wey I talk, na only “tens of billions” you manage hold onto? That one alone dey tell me plenty about the depth of your argument… and maybe the quality of the education wey you dey brag about.

Since you don position yourself as grammar inspector, make I help you small. What I used no be exaggeration for the sake of noise, it’s called “Metonymy” in figure of speech where a related idea stands in for a broader reality, like expressing a massive financial burden or long-term economic weight.

But I no go blame you too much, no be every “big grammar” be understanding.

Pele, I understand your pains and frustration. It’s not easy to defend a failure without sounding like one.

PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 7:06pm On Apr 04
TokoEkambi:
Since your night bus route to Lagos doesn't pass through there it means the road is useless, right?
Education isn’t a scam after all.
PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 7:04pm On Apr 04
Buccalcavity2:
Illogical writeup full of lies & lamentations.
Tens of billions of dollars turned to $11-13b.
Just criticize without direction. That Coastal road is being built means other projects must stop? What a logic? Saw toll on another road, therefore projected it on coastal road tolling and even started calculating to discourage completion!
Better go learn work from your masters.
Didnt you folk say Dangote refinery and free trade zone were white elephant projects and that lekki would be a mess if they are completed? Mtchew
I understand your pain and frustration. After three years, the only thing you seem able to show is being questioned. Unfortunately, you don’t have any solid counterarguments to address what was said, quite telling. Pele.

I think I now understand why you’re still supporting this government, you’re simply not well informed, that’s why you defend blindly. If by now you’re unaware that there are plans to toll the road, then this conversation isn’t worth my time. I prefer engaging with people who understand what’s happening around them so there’s something meaningful to learn. Please do your research before coming online to embarrass yourself.

By the way, I hope you’ll come back to this post and offer an unreserved apology once the road is tolled. If you think Tinubu does anything for free, then you clearly weren’t paying attention to how things worked in Lagos.
PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 7:04pm On Apr 04
I understand your pain and frustration. After three years, the only thing you seem able to show is being questioned. Unfortunately, you don’t have any solid counterarguments to address what was said, quite telling. Pele.

I think I now understand why you’re still supporting this government, you’re simply not well informed, that’s why you defend blindly. If by now you’re unaware that there are plans to toll the road, then this conversation isn’t worth my time. I prefer engaging with people who understand what’s happening around them so there’s something meaningful to learn. Please do your research before coming online to embarrass yourself.

By the way, I hope you’ll come back to this post and offer an unreserved apology once the road is tolled. If you think Tinubu does anything for free, then you clearly weren’t paying attention to how things worked in Lagos.
PoliticsRe: Who Really Benefits From The Coastal Road? by ibabz(op): 2:35pm On Apr 04
BATified2023:
We already know the people who ain't happy about the coastal road

Na them
Flesh and blood did not reveal this to you… of course how could you expect right thinking Nigerians to be happy with N7.5billion naira per kilometer road without any direct benefits to them.
PoliticsWho Really Benefits From The Coastal Road? by ibabz(op): 11:43am On Apr 04
By all appearances, the Lagos–Calabar Coastal Highway is being sold as a symbol of progress. But beneath the glossy narrative lies a far more uncomfortable question:

To what extent does the Lagos–Calabar Coastal Road improve the economic reality or welfare of the average Nigerian?

This is the fundamental question the government has failed to convincingly answer.

What many Nigerians are beginning to see is a troubling pattern: policies that appear increasingly tailored to serve the interests of the super-rich and political elite, while the ordinary citizen is left to bear the burden. At the same time, the same struggling population is being pushed toward heavier taxation, raising concerns that the poor are being asked to fund a system that does little to improve their own lives.

To properly understand this, it is important to look at recent policy direction.

Under the previous administration of Muhammadu Buhari, the Lagos–Ibadan railway was developed with a broader vision, to eventually extend the line to Kano. This was not just a transport project; it was a strategic economic corridor designed to connect the South to the North, facilitating the movement of people and, more importantly, goods.

Such a railway expansion would have cut across the Middle Belt and Northern regions, areas known for large-scale agricultural production. The implication is clear: faster, cheaper transportation of agricultural produce to southern markets, reduced post-harvest losses, lower food prices, and improved national food security. It would also have significantly eased passenger movement across regions.

Given that this vision was initiated under the same political party, many expected continuity.

However, under the current administration of Bola Ahmed Tinubu, that trajectory appears to have shifted. Rather than aggressively continuing and completing the rail expansion to Kano, the government has prioritized a different flagship project, the Lagos-Calabar Coastal Highway.

This raises an important question: what exactly is the economic value of this coastal road to the average Nigerian?

From available information, the coastal highway is planned to pass through several southern states, including Lagos State, Ogun State, Ondo State, Delta State, Bayelsa State, Rivers State, Akwa Ibom State, and Cross River State, stretching approximately 700km along Nigeria’s coastline.

The project has been widely reported to cost tens of billions of dollars when fully completed, translating into an extremely high cost per kilometer, raising eyebrows in a country grappling with debt, inflation, and widespread poverty.

Let’s deal with the facts.

The Lagos-Calabar Coastal Highway is a 700km road projected to cost between ₦15 trillion (about $11–13 billion) according to multiple official and independent estimates.

On a per-kilometre basis, that translates to about ₦7.5 billion per kilometre, this is not just expensive, it is obscene. Built at one of the highest per-kilometre costs in Africa

To put that into perspective, some state governments in Nigeria have built roads at ₦200 million to ₦500 million per kilometre. The difference is not just wide, it is staggering.

Beyond the cost, accessibility is another critical issue.

The road is expected to be tolled. This means that, in addition to rising fuel costs, Nigerians will have to pay multiple toll fees to use the road. When you combine fuel expenses with toll charges, the cost of traveling from Lagos to Calabar could become prohibitively expensive for the average citizen.

This leads to a fundamental concern:
Now Let’s Talk About Reality: Can You Even Afford to Use It?

We don’t even need government projections to expose the truth. Let’s use a real-life example Nigerians already understand:

The Epe–Ijebu Ode road.

Between Epe and Ijebu Ode, a relatively short stretch, you already encounter two toll gates.

On average: Cars pay about ₦500 – ₦1,000 per toll. That’s ₦1,000 – ₦2,000 for less than 50km

Now apply that same logic to a 700km coastal highway.

We don’t need speculation, we can use patterns Nigerians already know.

Across Nigeria, tolling typically happens:
At state borders, or When entering a new state. This coastal road cuts across about 8 states: Lagos → Ogun → Ondo → Delta → Bayelsa → Rivers → Akwa Ibom → Cross River.

That realistically suggests: 7 to 8 toll points (one way). Return trip → 14 to 16 toll payments. Using a modest estimate of N1,000 per toll (and this could rise over time).

We are looking at:
N7,000 – N8,000 (one way) and N14,000 – N16,000 (return trip).

Now Add Fuel

For a 700km highway trip with a Toyota Corolla or similar compact sedan:

Fuel consumption: 6–7 litres per 100km. Distance: 700km.

6 L/100km × 700 km ÷ 100 = 42 litres

At current fuel prices (N1,300/litre) - 42 litres = N54,600

Total realistic fuel cost (one way) is N54,600
Return trip: N109,200.

Total Travel Cost (Tolls + Fuel, Return Trip)
• Fuel: N54,600
• Tolls: ₦14,000 – ₦16,000

Total: N125,200

How many ordinary Nigerians earning ₦50,000 to ₦150,000 monthly can afford to use this road?

If a project is financially out of reach for the majority, can it truly be described as a people-centered development initiative?

In contrast, a functional and expanded rail system would have provided a more inclusive and affordable alternative for both passengers and goods. It would have directly supported farmers, traders, and small businesses, arguably the backbone of Nigeria’s real economy.

Instead, what we are seeing is a shift toward infrastructure that may ultimately cater more to high-income earners, luxury transport, and elite mobility.

So again, the question remains:

What is the true economic and welfare benefit of the coastal road to the common man on the street?

Until that question is answered with clarity and evidence, many Nigerians will continue to view this project not as a national priority but as a symbol of misplaced priorities in a time of economic hardship.
PoliticsRe: INEC Commence A Nationwide Voter Revalidation Exercise by ibabz(m): 9:45am On Apr 04
One thing the APC and Tinubu fail to realize is this: the more they push their desperation to remain in power by making life harder for Nigerians and frustrating every tool for a free, fair, and credible election, the more they aggravate public anger and strengthen the determination to see them out in 2027. At this point, they might as well keep going, because every added frustration only brings that outcome closer.

Nigerians are getting to a point where they’d rather vote for anything or anyone but you. If you like, remove every name from the ballot and replace them with a goat, people would still choose the goat, just to show they’re done with your policies.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 8:04pm On Apr 03
lawani:
Your turenchi does not make any sense young man and you are so ill mannered. Let me explain to you once again. If this government is not collecting VAT and CIT, then the states will not be receiving more than thirty five percent of what they are currently receiving
What exactly is this one even saying? Did I mention the so-called evil “tax reform” anywhere in my post? My point is clear, STATES ARE RECEIVING FAR LESS TODAY THAN TEN YEARS AGO, QED!

And who told you I’m a young man? That assumption is both rude and uncouth. Just because you’re speaking to someone online doesn’t make them your peer, show some respect, please!

I also thought your government position was that removing subsidies would free up more funds for states. So if this is what states are receiving after both the subsidy removal and the tax reform, then it clearly suggests that under this Tinubu administration, states are actually getting far less than they should.

If states were receiving about $1.6–$1.9 billion monthly in 2022 under Buhari without subsidy removal and without imposing heavy tax burdens on citizens but are now getting a paltry $900 million per month in 2025 despite subsidy removal and increased taxes, then every right-thinking Nigerian should be asking: where is the money going?

There’s no visible impact, no single block of classroom built in 3yrs, no major hospital projects, no widespread development across the country. Apart from the controversial coastal highway of fraud awarded to allies and associates, what else can this government point to? Can you name any other major projects?

If you still do not understand my points, kindly go back to elementary school to learn simple comprehension.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 4:08pm On Apr 03
infohenry:
He also spoke on the value of the increased allocations, what is the purchasing power of the money, what does it cost now to do a kilometer of road now compared to other regimes, a bag of cement today is above ten thousand naira.
I don’t think it’s worth it engaging him. He simply lacks basic comprehension.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 4:07pm On Apr 03
lawani:
He only started saying that after he realized he was wrong and after insulting me for no reason. He didn't even thank me for the explanation I gave him.

The point is that allocations to states have increased. Without the new taxes the states would be collecting less than half of what they now collect. Each governor can do whatever he likes with what he gets and he will still take credit
You couldn’t get a response from me for two reasons:
1. I was barred, reasons best known to the admin.
2. Quite frankly, I didn’t think your ignorance warranted my attention.

On second thought, however, I’ll address it, not necessarily for you, but for others reading. At first, I held back, remembering the wisdom in Proverbs about not engaging foolishness. But then again, silence can sometimes be mistaken for agreement, and that’s not the case here.

So let’s be clear.

At no point did I agree with your position, feel free to point out where you think I did.

My argument has been consistent: state allocations may have increased in nominal figures, but they have significantly declined in real VALUE. That’s the part you seem unable to grasp. I gave a simple example; despite increases in minimum wage, civil servants today can no longer afford things they once could, like buying a tokunbo car or building a house from their salaries. When minimum wage was ₦15,000 or ₦33,000, these were achievable. Today, they are not.

An increase in numbers does not automatically mean an increase in value.

Even after multiple explanations, you still fail to understand this basic economic principle. It raises a genuine question about comprehension because if simple logic is this difficult to follow, then engaging in more complex discussions becomes pointless.

For clarity: ₦800 million in 2014 had far greater purchasing power than ₦1 trillion today. If that still doesn’t make sense to you, then the issue isn’t the argument, it’s your understanding.

Let me reiterate: I never agreed with your claims. They lack both substance and logical grounding.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 9:25am On Apr 03
Parachoko:
Can you provide evidence there are states borrowing to pay salaries?
https://businessday.ng/life/article/despite-record-faac-windfalls-states-sink-deeper-into-debt-poverty-worsens/

Do you need more evidence?

PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 9:18am On Apr 03
Parachoko:
Can you provide evidence there are states borrowing to pay salaries?
Largest state debtors (ongoing borrowing structure)

As of 2025:
• Lagos State → ~₦2.49 trillion total debt
• Kaduna State → ~₦1.5 trillion
• Rivers, Delta, FCT also among top debt holders

PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 8:49am On Apr 03
lawani:
Don't deviate from the OP. Has the allocations to states increased or not? Since you have now agreed, it means case closed. Open another thread to start another claim about something you don't understand. Kids loose all over the place
I now understand your comprehension skills but unfortunately doesn’t worth my time.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 8:10am On Apr 03
lawani:
I have corrected you and if you are too pompous to take corrections at least people reading the thread will not be carried away by your emotion driven conclusions. The achievement of the Tinubu government is freeing the nation from oil dependence. Creating CIT, VAT and etc as the main government revenue sources. That is his achievement. If no oil today Nigeria will not collapse but if no oil under Buhari, Nigeria would have collapsed immediately. Nobody has been able to do that for decades. He did it in Lagos and has now done it in Abuja. Who do you now give the credit?
Of course, you said something meaningful for the first time. People who are not blinded by sentiment can clearly see the points in both arguments.

I also noticed how cleverly you shifted the discussion from state allocations to the exploitative tax regime which I also have serious issues with.

Since you clearly believe so much in this evil tax reform that’s designed to tax the very poor for politicians to have more than enough to steal with impunity, maybe I should ask you the same question I asked Oloyede, perhaps you can answer on his behalf as part of your job description defending arrant nonsense: “₦150k a month, ₦70k gone to transport, a family of four, how exactly are we supposed to survive without stealing under your ‘tax reform,’ or was this drafted in some soulless, air-conditioned fantasy?”

Yes, you’re right: Tinubu has been able to increase Lagos State’s revenue, but he has also expanded its debt profile. The same model is now being applied to Nigeria. Think about it: Lagos, the richest state in the country, is also the most indebted, with a debt portfolio exceeding N1 trillion. A state in Nigeria owing over a trillion naira that is staggering. Some of you may need to take a moment and travel to other states in Nigeria and see first hand developments with meager revenue. Pls visit Akwa Ibom state and see developments. Perhaps you will start questioning our Lagos governments what they have accomplished with all the revenue and the inexplicable loans with absolutely nothing to show for it.

Higher revenue doesn’t automatically prevent borrowing. And people like you, who defend leaders without demanding accountability, are the ones enabling public funds misappropriation and embezzlement.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 7:48am On Apr 03
lawani:
Why are you now insulting me? Are you that ill mannered? You can't use CBN rates for calculation when people pay double. You can't even use market rates because Buhari was disturbing it by borrowing dollars heavily just to change to naira and thereby flooding the forex market with dollars to prop up the Naira. Do you understand now? I doubt you ever can.

If the exchange rate you use is faulty then all your base crumbles. If you had common sense you would understand
Please show me where I insulted you. I only asked you to justify your point. Yet you came back with an even more useless argument, simply because you wanted to defend what is fundamentally indefensible. I provided the 2014, 2022, and 2023 figures to show the data from PDP to APC and to highlight the comparison between the two APC governments.

Why then claim I can’t use CBN rates for the calculation? You might want to explain that, because it makes no sense to me and I believe it makes no sense to any right-thinking Nigerian, not those blinded by ethnicity or religious sentiment or those keyboard warriors whose their so called achievement is being questioned.

If Buhari was distributing funds and flooding the market, did Jonathan do the same thing? And are you truly convinced this government hasn’t begun defending the naira just to prop up rates and make it appear as if the policy is working?

The same way we can’t explain someone who earns N15,000 or N33,000 minimum wage @ over $100 are now living better and were able to buy tokunbo cars, built houses than some who earns N70,000 minimum wage @$40 today but are struggling to eat one meal a day.

Frankly, I cannot follow your contradictory defense. It’s full of inconsistencies and excuses, not facts.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 7:30am On Apr 03
lawani:
It is the exchange rate confusing all of them. They ought to realize the economy did not contract. The naira value was under manipulation leading to the GDP being bigger in dollars.
The biggest problem of Nigeria is dependence on oil income and last year oil was not majority of income which hasn't happened in decades.
The government is going in the right direction outside the fact that the NSA is sending unknown gunmen to Nigerian forests as vigilantes when people are under the attack and being killed by unknown gunmen. If those that killed dozens in Jos were arrested by locals, the NSA will probably they are his vigilantes and the NSA is still the NSA meaning more people will die and that's something to worry about
I understand your frustration. What right do I have to question the so-called “achievements” you’re celebrating? Is that why you’re so eager to defend it. If you want to make a case, show the before-and-after figures. Without data, what you wrote is meaningless noise.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 7:22am On Apr 03
Parachoko:
Do you know under Jonathan some states couldn't pay salaries?

Do you know under Buhari some states couldn't pay salaries?

You're very ignorant.
Pls compare the debt profile of those states during Jonathan, Buhari and Tinubu. Perhaps you may understand why it seems they can when in actual fact they are borrowing to pay salaries.
PoliticsRe: Has State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 7:20am On Apr 03
lawani:
State allocation has more than doubled. Revenue used to be about ninety percent oil and gas but last year it was 45 percent and this year it would be less. Osun is running easily without collecting LG allocations and they are doing projects. Even Tinubu could not do this when Obasanjo seized Lagos funds. So the reality is allocations to states have more than doubled and you can't use CBN dollar rate for naira in 2022 when ninety percent of people paid far more. You can't even use the market rate because Buhari was borrowing dollars heavily to prop up the naira. The real value of the naira that Buhari left was like 2000 to one dollar. The GDP did not crash, what happened is that the naira rested at its true value and the GDP was recalculated
I believe my point was explicit enough for a kindergartener to understand. I’ve shared the monthly allocations for 2014, 2022, and 2023 in both Naira and dollar equivalents. If you want to defend, fine, but at least use facts and figures. Ranting here like a typical keyboard warrior, defending nonsense without logic or evidence, only shows either a lack of comprehension or a need to justify your monthly stipend for defending this government. Not everyone is foolish at the same time.
PoliticsHas State Allocation Truly Increased? The FAAC Allocation Illusion by ibabz(op): 5:14am On Apr 03
One of the “big wins” constantly advertised by this administration is that state governments now receive more allocation than ever before. And somehow, whenever anyone asks a simple question about accountability, like what exactly all these loans have achieved in the lives of citizens, the conversation magically shifts.

Suddenly, it’s no longer about federal responsibility. It becomes: “But states are getting more money now!”

We are told, repeatedly, that allocations have “increased.” But this has quietly become one of the most misleading narratives in recent times.

Yes, allocations in naira have increased.
But when you factor in inflation and the collapse of the exchange rate, states are actually receiving far less value than before.

So the real question is simple:
Has state allocation truly increased or does it just look that way on paper?

Let’s step away from emotions and look at the numbers.

2014 (Before the decline began)
Average monthly FAAC: ₦600 – ₦700 billion
Exchange rate: ₦165/$1
Dollar value: $3.6 – $4.2 billion per month

2022 (Before the current administration)
Average monthly FAAC: ₦700 – ₦800 billion
Exchange rate: ₦430/$1
Dollar value: $1.6 – $1.9 billion per month

2025 (Current reality)
Average monthly FAAC: ₦1.1 – ₦1.3 trillion
Exchange rate: ₦1,500/$1
Dollar value: $730 – $860 million per month

At first glance, the naira figures look impressive. Trillions instead of billions, it sounds like massive growth.

But in real terms, the value has collapsed.

So when it is said that “allocations have increased,” it is technically correct but economically misleading.

This is a simple arithmetic: while FAAC has increased in naira terms, its real value has dropped by over 75–80% since 2014.

Meanwhile:
Government borrowing is at unprecedented levels
States are receiving less real value than ever
The cost of governance has risen sharply

And yet, one uncomfortable question remains:

Why are state governors not speaking up about this reality?

Are they unable to see the difference, or is there something else at play?

To make matters worse, while allocations have lost value, the burden on citizens has increased. The minimum wage, for instance, has effectively dropped from over $100 in 2014 to barely $40 in 2026.

Where exactly has all the borrowed money gone after three years without even a single block of classroom to point to?

And those “savings” from subsidy removal, where exactly are they hiding? Because from everything we can see and verify, they’re clearly not with the state governments… and definitely not reflected in the lives of ordinary citizens.

These are the questions many Nigerians are still waiting to have answered.

Iree o!
PoliticsRe: Knowwhatyouwishfor — A Nation Paying The Price by ibabz(op): 8:28pm On Apr 01
Elusive001:
He doesn't understand what you wrote bros. He won't understand it anyway.

He and his likes have refused to say that Nigerians earn lower than what they earned last before this regime. The financial burden of overheads of governors is lower now than before.
Thanks bro. I shouldn’t have engaged with someone thinking on that level, that was my mistake, but I’ve corrected it now.
PoliticsRe: Knowwhatyouwishfor — A Nation Paying The Price by ibabz(op): 5:32pm On Apr 01
Lithiumite:
Then why were 85% of the states owing salaries and contractors pre tinubu and they aren't owing now?
What many of you fail to realize is that this government has effectively reduced workers’ real income by more than half.

Maybe it’s time we start asking the right questions: how many civil servants today can afford a tokunbo car or build a house with their salaries, compared to what was possible before Tinubu came into power?

How many can now pay school fees from their earnings without having to resort to dishonest means?
PoliticsRe: Knowwhatyouwishfor — A Nation Paying The Price by ibabz(op): 5:27pm On Apr 01
Lithiumite:
Then why were 85% of the states owing salaries and contractors pre tinubu and they aren't owing now?
Minimum wage was reduced from over $100 to about $40, that’s less than 50% of what they were earning before this calamity in Aso Rock, and you still want them to owe? As how na?
PoliticsKnowwhatyouwishfor — A Nation Paying The Price by ibabz(op): 4:37pm On Apr 01
Today, Nigeria’s National Assembly has approved yet another $6 billion loan for the administration of Bola Ahmed Tinubu.

And now, some people are shocked at the rising debt burden. But honestly, why the surprise?

Isn’t this exactly what many wished for in 2022 when they said, “I want Nigeria to be like Lagos”?

Back then, I raised a simple concern: that Lagos, while celebrated as the richest state in Nigeria, was also the most indebted. That tweet triggered outrage. Many attacked it, dismissed it, and refused to see what was unfolding.

Today, that warning is no longer a prediction, but it is our reality.

Some of us saw this coming.

The Loan Reality (FACTS, NOT OPINIONS)

Since May 2023, Nigeria’s debt profile has expanded significantly.

Nigeria’s total public debt rose from ₦87.38 trillion (June 2023) to about ₦152.4 trillion (June 2025). That is a 74% increase in just two years.

With all these loans, Nigerians should expect visible transformation:
• Better hospitals
• Stronger schools
• Improved agriculture
• Functional infrastructure

But what do we see instead?
No fuel subsidy
No electricity subsidy
No single block of classroom built in 3yrs
No hospital built in 3yrs
Ministries struggling to function

Declining real wages (from roughly $100 value to about $40 in purchasing power)

Even basic government operations are reportedly underfunded.

So the question is simple: Where is the money going?

The FAAC Allocation Illusion (WHAT THEY DON’T TELL YOU)

We are told that state allocations have “increased.” But this is one of the biggest propaganda narratives in recent times.

Yes, allocations in naira may appear higher.
But in reality, when you factor in inflation and exchange rate collapse, states are receiving far less value than before.

Let’s break it down simply.
let’s remove emotions and focus on hard numbers, especially the one area many people are being misled about:

2014 (Before the decline began)
Average monthly FAAC: ₦600 billion – ₦700 billion. Exchange rate: ₦165/$1

Dollar value: $3.6 billion – $4.2 billion per month.

2022 (Before Tinubu took over)
Average monthly FAAC: ₦700 billion – ₦800 billion. Exchange rate: ₦430/$1 (official)

Dollar value: $1.6 billion – $1.9 billion per month.

2025 (with our darling master strategist)
Average monthly FAAC: ₦1.1 trillion – ₦1.3 trillion. Exchange rate: ₦1,500/$1 (average)

Dollar value: $730 million – $860 million per month.

So When They Say “Allocations Have Increased”, They are technically correct but economically misleading.

FAAC in naira: INCREASED
FAAC in real value: COLLAPSED by over 75–80% since 2014

Yet, some dodoyo and mumu governors continue to promote this illusion either ignoring basic economics or choosing politics over truth.

So Combine Both Realities:

Government is borrowing more than ever
States are receiving less real value than ever

Let’s take education as another case study.

Federal tertiary school fees have jumped from about ₦30,000 to over ₦300,000 in many cases. That’s an increase of over 900%–1000%.

There is no matching increase in educational quality or infrastructure.

Students are now being offered loans to survive a system that was made unaffordable by policy decisions.

Think about that. A government increases costs massively…

Then offers loans as a “solution.”

When I posted that tweet in 2022 about Lagos being both rich and heavily indebted, many didn’t understand the message.

It wasn’t just about Lagos.
It was about a pattern.
A model.
A direction for Nigeria.

Today, that pattern is playing out nationally.

We must start asking harder questions.
And more importantly, we must start demanding honest answers. Because at the end of the day:

We are all living with the consequences of what was once wished for.

Iree o!

PoliticsRe: Wike Hosts Rivers State APC And PDP Delegates As Well As Political Stakeholders by ibabz(m): 5:55am On Mar 31
abc115:
Wike hosts Rivers State APC and PDP delegates as well as political stakeholders


Sometimes you wonder if life truly matters to these people. While families are mourning in Jos, these people were busy celebrating with tax payers money.
PoliticsRe: From Hosanna To Horror: The Palm Sunday Jos Will Never Forget by ibabz(op): 5:44am On Mar 31
Where are those same hypocrites who marched against Jonathan in 2012? I just watched a heartbreaking video of a woman in Jos mourning her dead son. If that doesn’t prick your conscience, I honestly don’t know what will.

PoliticsFrom Hosanna To Horror: The Palm Sunday Jos Will Never Forget by ibabz(op): 5:43am On Mar 31
On a day meant for peace, prayer, and reflection, tragedy found its way into Jos.

Palm Sunday, a sacred moment in the Christian calendar, a day that symbolizes hope, sacrifice, and the triumph of light over darkness became, for many families, a day they will forever remember for the opposite reason. Instead of hymns and quiet prayers, there were cries. Instead of celebration, there was mourning. Instead of life, there was death.

Somewhere in Jos, a mother now sits in unbearable silence, holding what no parent should ever have to hold; the lifeless body of her son. The same child she carried for months, nurtured through sleepless nights, and raised with dreams of a better future, gone in an instant. Not by illness. Not by fate. But by violence.

A video of her grief is enough to shake even the hardest of hearts. Her pain is raw, unfiltered, and deeply human. It is the kind of sorrow that words struggle to capture, the kind that lingers long after the cameras are gone, long after the world has moved on.

And yet, one can’t help but ask: where are the voices; the hypothetical elements that once rose in outrage? Where are those who once filled the streets, demanding justice, demanding accountability, demanding better? Has our outrage become selective? Has our humanity become conditional?

Because tragedy does not ask for your political affiliation before it strikes. Pain does not care who you voted for. Death does not discriminate.

What happened in Jos is not just a headline. It is not just another statistic to scroll past. These were real people. Sons. Daughters. Mothers. Fathers. Lives full of dreams, abruptly cut short. Futures erased. Families broken.

And while these families were drowning in grief, while mothers were weeping over the bodies of their children, while fathers stood in stunned silence trying to understand a loss no one prepares you for, somewhere else in the country, there was celebration.

The President marked his 74th birthday.

And that contrast is difficult to ignore.

It is not merely about a birthday. It is about timing. It is about sensitivity. It is about the painful disconnect between the corridors of power and the cries of ordinary people. At a moment when a nation should pause, reflect, and mourn with its wounded, the image of celebration feels like a sharp reminder of how far removed leadership can be from the lived reality of its citizens.

And unfortunately, beyond the silence, there were Miscreants, sycophantic elements like Legemaimi, shameless opportunists who chose that very moment to sing praises, to defend, to distract as though the cries from Jos were an inconvenience to be buried, as though grief itself needed to be managed, controlled, or silenced.

It is deeply troubling.

Because when people abandon empathy for allegiance, when they trade compassion for clout, they do more than just ignore tragedy, they become part of the problem. They help normalize a culture where pain is politicized and humanity is secondary.

It hurts.

It angers.

Because leadership is not only measured in policies or speeches, but in empathy, in the ability to feel the weight of the people’s pain and respond with urgency, with compassion, with presence.

When people are dying, celebration should feel heavy. Joy should be quiet. And silence, sometimes, should speak louder than any ceremony.

Today, Jos mourns.

And perhaps, in its mourning, it is asking all of us a simple but uncomfortable question: do we still care?

Because a nation that becomes numb to the pain of its own people is not just failing, it is slowly losing its soul.

PoliticsRe: Nigeria's Public Debt Growth: Buhari Vs Tinubu — 2026 by ibabz(m): 9:30am On Mar 27
How does a government increase Nigeria’s total debt from about ₦85 trillion to over ₦160 trillion in just 3yrs without any clear, direct impact on citizens: no fuel subsidies, no electricity support, no currency stability, and no meaningful investment in education or healthcare? No accountability on what has actually been achieved with over ₦65 trillion added to the debt portfolio.

And to add salt to injury, you still have keyboard warriors and deluded, miserable miscreants chanting, “on your manhood we stand.”

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