₦airaland Forum

Don't tell them, they don't want to hear. Allow them to enjoy this new found 'joy'

DeepSight:
I have seen all of the disgraceful and shameful epistles you wrote. You should be ashamed of yourself. You are here arguing for gangsterism in government.

At the end of the day what kind of a country do you want? This Chagouri is a felon, an international criminal and his cooperation with BAT has been both extensive and criminal. The latest scam - the illegally granted Lagos Calabar Coastal Road bears testament - a scandalous contract awarded to an international felon without appropriation and without recourse to the BPP regulations. Without any competitive tender whatsoever. Simply given illegally to the President's best friend who happens to be an international convict.

In what normal country will the government award that kind of contract automatically to a convicted fraudster? And you celebrate this?

Is that the kind of country you want?
When you list all the projects he has done, is it not on account of the same criminal friendship? What do you see that as, if not evidence of corruption? How can the number one partner of your president be an international felon and you see nothing wrong with that. Rather you find it convenient to sweep aside your false Christianity to suddenly become practical in your considerations?

And to the topic, after all this, it just happens by accident that when the president decides to spend ten days in an irrelevant Carribbean country, it is one in which the same international felon is High Consul.

Must everything be written out for you before you see it? Must a mafia steal your country blind before you wake up? What kind of country do you want, I repeat.

You mention that Chagouri is friends with people like Bill Clinton. So what? Do you know the amount of criminals that are friends with powerful presidents and ex presidents? Do you know a lady called Elizabeth Holmes of the Theranos infamy? She went to jail after a huge scam which she successfully roped Bill Clinton and even the late Henry Kissinger into investing in. Someone like that, you will say, oh, look, Clinton is her friend, Kissinger is her friend. And yet she was jailed as a criminal, just as surely as your Chagouri is a big time international rogue.

You say that BAT operates with the NASS seamlessly. You are truly lost forever. You can't even recognize it when a president has captured the legislature such that they can no longer check him. You can't recognize when all arms of government have been intimidated and enslaved. You can't recognize an emergent dictatorship.

One of the greatest curses that can befall any developing country struggling to find itself is to have citizens like you.

Do you know what Stockholm Syndrome is?

Chagoury is not High Consul of St Lucia, please stop lying. Also provide proof that he's a felony and international criminal. Thanks.

Amitex:
Op, your education is SUSPECT. St Lucia has population of 180,000 people, less than 20% of Mushim. Infact it is not upto Ifako'Ijaiye with over 650, 000 people, both in size, population and economy.
The GDP of St Lucia is about $2.7B, that is less than the value of 1/10th of Dangote Refinery.

Let me ask you, if you are earning N300k a month, what are you going to get from someone that earns a mere N3k a month. Nigeria GDP, even with Tinubu's disastrous journey is about $370billions to St Lucia's $2.7billion.

Tinubu's visit to St Lucia is to secure a place he will flee to after he loses in 2027, just like Deziani. No matter where he runs to, we will extradite him to face his corruption charges. The same fate awaits Wike!

i guess by your logic, great countries, companies and economies should have no dealings in places like Africa and the Caribbean you allude to. Meanwhile, they already have dealings with the US.

Mindlog:
Nigerians should be proud of Gilbert Chagoury?Delusion Promax.😂😂😂😂😂😂😂

Stay ashamed dear, it's a choice. Like i used the word "should".

DeepSight:
Everyone knows it has absolutely nothing to offer us and everyone also knows it's a money laundering mission.

People like Image123 like to lie to their very own souls.

DeepSight:
Image123, I repeat my question. Why did you leave these facts out of his glossy CV?

Can you see your hypocrisy?

Like i said earlier, i didn't call him or any of them saints. This is politics section not religion. In clear words, i am not discussing piety and purity here but performance. i am of the school of thought(if that's the phrase to use) that politics is a very dirty game. i grew up being told and mainly experiencing that politicians are evil and even occult. So i am never here to tell you that one politician is a saint, unlike most of you that believe your politician isn't part of the criminality.
i put them all on this level, they are all bad, they are all thieves, some are occultic, i can't do politics and i don't 100% see any true Christian in politics. i don't condemn them, but that's just my expectation and opinion of them. So they can't disappoint me, if they do better morally, good for us all. That's my worldview and i hope it's still a free world for me to hold it. But i am very logical about [b]performance [/b]and KPIs.

The thread is about Tinubu's trip to St. Lucia, i mentioned Chagoury as an aside, showing that he's not logically the reason why Tinubu is in St. Lucia. Chagoury is a billionaire businessman with a lot of influence and history. i don't think any responsible Nigerian leader would/should want to dismiss any of our Nigerian billionaires like the Dangotes, Elumelus, Otedolas, Dantatas and co. EVEN IF you hate them, you have to keep them close, like they say, keep your enemies closer. Those guys have the resources to destabilize your government if left idle. One great thing i love about Tinubu is his ability to work with anybody, even to his worse critics and enemies. If you observe, many of those singing his praise today are former fierce critics. He's somehow being able to work with Atiku, GEJ, OBJ, Wike, Ribadu, Buhari, etc. That's a life skill, i kind of envy that. i don't think we have any politician alive that can work this seamlessly with the NASS and the governors as he's done so far. He's smart and a performer and i give that to him. Again, like i have stated above, he remains a politician and possesses the attributes i listed for all of them. He's not my role model or mentor to heaven as you know. He's an unbeliever in my eyes as you know for years.

Chagoury was convicted in Switzerland but did not face a formal conviction in the U.S.—instead, he resolved the case through a deferred prosecution agreement. i don't know of any of our big businessmen that are clean or don't have court cases and some perception of injustice by others. As per influence, Chagoury owns C&C Construction Company Limited, ITB Construction, South Energyx Nigeria Limited, Hitech Construction, Shoreline Protection, Eko Atlantic City Project, Eko Hotel and Suites Lagos, Hotel Presidential Port Harcourt, Courdeau Catering, Convention Centre, Ideal Flour Mills Kaduna, Niger Delta Flour Mills, Grands Moulins Du Benin and Nigerian Eagle Flour Mills, Silhouette Furniture, Fleetwood Transportation, Glassforce, Ragolis Waters, Hyperia Internet, CKD Industries and Ideal Eagle Hospital which caters mostly to expatriate workers, including those of Royal Dutch Shell, a huge stake in Tin Can island(the same one that employed Obi during Abacha years).
Among many businesses, Chagoury has done many major projects in Nigeria which include the State Security Headquarters the State Security Headquarters Building in Abuja, Nigeria; the Nigerian Defence Academy; Ocean Parade Towers, a luxury residential development on Banana Island Lagos; the National Assembly Complex in Abuja; 800 units staff housing complex for ALSCON’s Aluminium Smelter Plant; a housing, school and leisure complex for Elf Petroleum Nigeria Limited; a foreshore development project on Osborne Road Ikoyi; a 13-floor residential development project on Victoria Island; 19-floor Intercontinental Hotel on Victoria Island; a new headquarter for Magnum Trust Bank; and the new headquarters and office complex for TOTAL oil company in Port Harcourt. Some of his clients are the Federal Ministry of Works; Abia State Government, the Nigerian Breweries; Bayelsa State Government and the Lagos State government. He has facilitated oil business deals in Nigeria for the French oil company TotalEnergies. He's connected to some US presidents like Bill Clinton. Evidently he's not a small fish. Why on earth then do you feel the FG should have nothing to do with him? Is the FG a church?

DeepSight:
If you dont know that he went there to launder money with Chagouri, then you dont know anything.

This is politics, i don't walk by mere allegations and gist, i walk by evidence. i learned very long time ago that all politicians have baggage, they are not my spiritual models. We are not discussing saints or heaven here.

Kukutente23:
It is also not a crime that he was Abacha's bagman who was indicted for money laundering and had to forfeit substantial sums
Oh sorrry. Even the President had cause to forfeit substantial sums on drugs related issues
Birds of a feather then.... no crime

I didn't call him a saint, this is not religion being discussed. Almost all businessmen have baggage. i was referring to people emotively pinning the President's visit on ties to Chagoury alone. Ramez Chagoury is more Nigerian than St. Lucian either by blood or bond or law.

DeepSight:
I never argued who will win.

i am glad you know, this should reduce your frustration.

David Mark forgot the road dear, follow who know road. The master is in the game, the master knows the game.

President Bola Ahmed Tinubu GCFR @officialABAT is the MASTER OF THE GAME. pic.twitter.com/8xd5VY1G5c

— Senior Pst Okezie James Atañi. (@Onsogbu) March 11, 2025

ADC crash last last that year, ADC is Atiku's Dead Coalition.

DeepSight:
I will just advise you to stop embarrassing - yourself you can well try to excuse one incident. If you try, another incident can be a coincidence. By the time it gets to a third incident, better stop defending because you will be making yourself look quite absurd. There already is a third incident by the way - the declaration by Wike that the ICC is fully booked till 2027. A thing that was renovated not with APC money but with the collective money of all Nigerians.

I am sure you will defend that, but believe you me, its early days yet. You will get tired. Zillions of similar incidents will start playing out. If you had intelligence, the best thing you could say is, yes, we are using the power the way we like to bully others and no one can stop us. Just admit it. Its more manly, more honest.

Lolz, i have been talking politics on this forum since maybe 2014 if i remember. i have been always right, no pride intended. The people who claim i am disgracing or embarrassing myself have continued to be wrong, maybe coincidence.
i can guarantee you, as it stands today, and except God Himself hates Nigeria so much as to interfere and change things, the federal belongs to the Tinubu led APC till 2031. Let this sink in and avoid frustration.
Wike is PDP and APC, you'd hardly see me speaking FOR him. Tell his brothers to talk to him if you feel he's your problem.

DeepSight:
Good evening.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

It better be. Use less emotions and faith and more of logic and evidence in politics to avoid frustration. Channel that faith back into spiritual things.

DeepSight:
You must be a joker. The ground rent issue has since been sorted. They Police themselves gave the reason they came. They said they had orders to be there to avoid conflict. So you had better stop embarrassing yourself. Since when will the Police take over in such numbers for a NEC meeting? You make it pointless nteracting with you. Be serious if you want to interact. If you dont, please just be silent.

i gave you two reasons, you picked the second. Like i said, i have not followed PDP matter, i don't have the receipt or news that they settled the ground rent. You'll have done well to show me where instead of these funny threats.

This people are playing with court cases. Later they'll blame Tinubu or devil for this avoidable problem.

DeepSight:
Oh. So magically PDP could not even have its NEC Meeting at its own Headquarters just a couple of days ago. They had to run to another venue because the Police had taken over the place. Tell me, who commands the Police?

You reason and stop embarrasing yourself by spewing such nonsense please.

Are you been deliberately ignorant or joking? While i don't follow the happenings in PDP, it is common knowledge that they were owing ground rent in that venue for years, even before APC was formed. Wike was even giving the warning for months, like play like play dem no still pay.
So, two main things involved. One, unpaid ground rent dating back up to 19 years—part of a broader enforcement action that affected thousands of properties in Abuja. This by no way APC or Tinubu’s fault.
Two, internal party division prompted law enforcement to restrict entry. It's not APC or Tinubu’s fault that they are internally divided even with supreme court judgment. These things didn't start yesterday. Is it Tinubu’s job to fix them?

DeepSight:
Dont be ridiculous. You know perfectly well the issue is -simply stop trying to deny them venues. Stop interfering.

You must be kidding right? Is this their first meeting? i heard Obi say they've been meeting. So once they cannot meet, it must be Tinubu interfering. With zero proof but perfect belief. Na wa oh, reason now bro.

Well done Mr Reno, we hope sense can be given to some of them above the current cult culture.

DeepSight:
I believe its Wike, but the buck stops with the President.

What buck? He should help the coalition plan their meetings?

They'll blame Tinubu for this rational action by the PDP. i wonder what they expect from the Jagaban, they dream he should be docile like them.

DeepSight:
The fact that a couple of days ago, the PDP had to relocate its meeting from its own headquarters because Policemen took over the place, and today, the coalition had to be chased at the last minute from its selected venue and use a new venue - these facts do not speak well of the demcocratic space in Nigeria under Tinubu.

When the APC was in formation, the GEJ government neither bullied, restrained nor intimidated them in anyway, they were free to do as they pleased. Can they not learn from that?

I honestly fear that this President will not handover even if he loses the election.

People like helinues, timemanager, image123, seunmsg and the rest of the fanatical APC gang should pay some thought to this. Chasing the opposition around from venue to venue is not democratic.

Is this Tinubu in St. Lucia’s fault also? i thought the cry was that he has abandoned Nigeria for so long? Is he the one that said they should not do due diligence?
Are you aware that this ADC is in court before these new dreamers came? You will still blame Tinubu for it. These days, Tinubu is even blamed for people getting late to bed and constipation.

id4sho:
Ganduje might end up decamping. Tinubu needs to be taught a lesson

You people really dream big. Are you aware there's a court case on the leadership of this coalition party before these new tenants? Later, you people will blame Tinubu for it.

DeepSight:
I will give you both verses were the Bible says so and where Jesus himself says so - since the question is about the whole of the Bible being true - (I have highlighted important words of Jesus himself in red) -

1 - I Tim. 2:5: - For there is one God, and one Mediator of God and mankind, the man Christ Jesus Christ”


2 - John 14:28 – “I am going to the Father, for the Father is greater than I”.


3 - I Cor. 11:3 - “But I want you to know that the head of every man is Christ, the head of woman is man, and the head of Christ is God “


4 - Eph. 1:15 - 17. - “15 Therefore I also, after I heard of your faith in the Lord Jesus and your love for all the saints,16 do not cease to give thanks for you, making mention of you in my prayers: 17 that the God of our Lord Jesus Christ, the Father of glory, may give to you the spirit of wisdom and revelation in the knowledge of Him”


5 - I Pet 1:3 - "Praise be to the God and Father of our Lord Jesus Christ"


6 - Mark 10:18 - “So Jesus said to him, “Why do you call Me good? No one is good but One, that is, God.”


7 - I Cor. 15:28 - “Now when all things are made subject to Him, then the Son Himself will also be subject to Him who put all things under Him, that God may be all in all.”


8 - John 15:1 – 10:“I am the true vine, and My Father is the vinedresser. 2 “Every branch in Me that does not bear fruit He takes away;[a] and every branch that bears fruit He prunes, that it may bear more fruit. 3 “You are already clean because of the word which I have spoken to you. 4 “Abide in Me, and I in you. As the branch cannot bear fruit of itself, unless it abides in the vine, neither can you, unless you abide in Me."

5 “I am the vine, you are the branches. He who abides in Me, and I in him, bears much fruit; for without Me you can do nothing. 6 “If anyone does not abide in Me, he is cast out as a branch and is withered; and they gather them and throw them into the fire, and they are burned. 7 “If you abide in Me, and My words abide in you, you will ask what you desire, and it shall be done for you. 8 “By this My Father is glorified, that you bear much fruit; so you will be My disciples. 9 “As the Father loved Me, I also have loved you; abide in My love. 10 “If you keep My commandments, you will abide in My love, just as I have kept My Father’s commandments and abide in His love.


9 - John 20:17 – “Jesus said to her, “Do not cling to Me, for I have not yet ascended to My Father; but go to My brethren and say to them, ‘I am ascending to My Father and your Father, and to My God and your God.’”


10 - John 17:1 - 8 – “1 Jesus spoke these words, lifted up His eyes to heaven, and said: “Father, the hour has come. Glorify Your Son, that Your Son also may glorify You, 2 “as You have given Him authority over all flesh, that He should[a] give eternal life to as many as You have given Him. 3 “And this is eternal life, that they may know You, the only true God, and Jesus Christ whom You have sent. 4 “I have glorified You on the earth. I have finished the work which You have given Me to do. 5 “And now, O Father, glorify Me together with Yourself, with the glory which I had with You before the world was.”

6 “I have manifested Your name to the men whom You have given Me out of the world. They were Yours, You gave them to Me, and they have kept Your word. 7 “Now they have known that all things which You have given Me are from You. 8 “For I have given to them the words which You have given Me; and they have received them, and have known surely that I came forth from You; and they have believed that You sent Me."

11 - Mark 13:32 - “But of that day and hour no one knows, not even the angels in heaven, nor the Son, but only the Father.”

12 - Acts 2:22 – 24 “Men of Israel, hear these words: Jesus of Nazareth, a Man attested by God to you by miracles, wonders, and signs which God did through Him in your midst, as you yourselves also know— 23 “Him, being delivered by the determined purpose and foreknowledge of God, you have taken[b] by lawless hands, have crucified, and put to death; 24 “whom God raised up, having loosed the pains of death, because it was not possible that He should be held by it.


13 - Luke 22:41 - 42 – “41 And He was withdrawn from them about a stone’s throw, and He knelt down and prayed, 42saying, “Father, if it is Your will, take this cup away from Me; nevertheless not My will, but Yours, be done.” (The Prayer in Gethsemane).


14 - John 8:40 - “But now you seek to kill Me, a Man who has told you the truth which I heard from God. Abraham did not do this.”


15 - Luke 23:32 - 34 – “There were also two others, criminals, led with Him to be put to death. 33 And when they had come to the place called Calvary, there they crucified Him, and the criminals, one on the right hand and the other on the left. 34 Then Jesus said, “Father, forgive them, for they do not know what they do.”


16 - Matt 21:33 – 42 “33 Hear another parable: There was a certain landowner who planted a vineyard and set a hedge around it, dug a winepress in it and built a tower. And he leased it to vinedressers and went into a far country. 34 “Now when vintage–time drew near, he sent his servants to the vinedressers, that they might receive its fruit. 35 “And the vinedressers took his servants, beat one, killed one, and stoned another.

36 “Again he sent other servants, more than the first, and they did likewise to them. 37 “Then last of all he sent his son to them, saying, ‘They will respect my son.’ 38 “But when the vinedressers saw the son, they said among themselves, ‘This is the heir. Come, let us kill him and seize his inheritance.’ 39 “So they took him and cast him out of the vineyard and killed him.

40 “Therefore, when the owner of the vineyard comes, what will he do to those vinedressers?”

41 They said to Him, “He will destroy those wicked men miserably, and lease his vineyard to other vinedressers who will render to him the fruits in their seasons.”

42 Jesus said to them, “Have you never read in the Scriptures:
‘The stone which the builders rejected
Has become the chief cornerstone.
This was the Lord’s doing,
And it is marvelous in our eyes’

(The Parable of the Vineyard)


17 - Matt 27:45 – 46 “45 Now from the sixth hour until the ninth hour there was darkness over all the land. 46 And about the ninth hour Jesus cried out with a loud voice, saying, “Eli, Eli, lama sabachthani?” that is, “My God, My God, why have You forsaken Me?”


18 – Mark 16:19 – “So then, after the Lord had spoken to them, He was received up into heaven, and sat down at the right hand of God.” [And all other scripture which refers to Christ as sitting at the Right Hand Side of God, including Psalm 110:1, and all similar scripture in the Book of Revelation].


19 - John 3:16 - “For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life. 17 “For God did not send His Son into the world to condemn the world, but that the world through Him might be saved. [Only Begotten Son - "Monogenes" - and all other verses in scripture where the term "monogenes" i.e: "only begotten" is used].


20 - Deuteronomy 6:4 - "Hear o Israel, the Lord our God, the Lord is One."

God the Son, you're welcome.

Wahala no dey finish for who find am. They'll still blame innocent Tinubu wey dey St. Lucia instead of crossing simple Ts and dotting simple Is.

MaliCampus:
Tilumbu is a one term president,The whole of Nigeria has rejected him

Okay sir, keep dreaming. Fact remains that Tinubu is a better and more accomplished leader than any of those attemptees.

Also for those mentioning Chagoury, Gilbert Ramez Chagoury is a Nigerian businessman and diplomat of Lebanese descent—born in Lagos, Nigeria, in 1946 to Lebanese immigrant parents, and he holds Nigerian nationality. It's not a crime for him to be a British citizen also, that's most of your dream and prayers.
It is not a crime that he served as Saint Lucia’s Permanent Representative at the UN Office in Geneva, in 2003.
It is not a crime that he was once honored by France (Commander of the Order of Arts & Letters), and has served diplomatically for Saint Lucia, these roles do not confer citizenship. These roles should instead make us proud that a Nigerian achieved these.

My own sha be say make people wey dey abuse the move now, no go there go spoil our name for there as usual after door open.

It makes a sad commentary on the abject level of awareness of common currency social & political goings on in society by people who claim to have gone to school!

Abeg, let the savages stay savage! For those inclined to learn, here goes. It’s very short.

St. Lucia wears 2 hats: it’s a member of CARICOM (Caribbean Community). And hosts the HQ of the Organisation of Eastern Caribbean States.

CARICOM is like a Caribbean AU.

OECS is a tighter union; one currency & a shared central bank. Much like ECOWAS, but much more integrated.

Tinubu’s visit kills two birds with one stone. It’s courting both these Caribbean blocs at once.

Why does this matter?

CARICOM states sit squarely within the U.S. trade orbit.

Many OECS & CARICOM countries already have existing strong U.S. financial & logistical ties and preferential trade access to US markets.

These are mighty useful platforms for Nigeria to plug into, by mainly leveraging on a structure in which it is the largest shareholder.

Enter Afreximbank!

This is Africa’s trade and export bank. It was once Africa only, but now it includes Caribbean nations as formal partners.

It has already begun funding Caribbean projects.

Nigeria is both a major shareholder and top beneficiary in it.

At the 2025 Afreximbank AGM in Abuja recently, African-Caribbean leaders okayed key initiatives: to expand PAPSS (Pan-African Payment & Settlement System) supporting local-currency payments across the Atlantic. Also support diaspora investments, & Afro-Caribbean trade integration.

Through Afreximbank’s CANEX (Creative Africa Nexus) an ongoing program, real doors are already opening and more will open for: Afrobeats, Nollywood, African fashion etc are already benefiting!

The big picture!

This whole trip seems to plug Nigeria into the Caribbean grid; its U.S. links, cultural bridges, and trade frameworks, without having to build one from scratch.

That’s the real meaning of Tinubu’s visit. It’s admittedly a long game. But one that must start.

Of course there’ll still be lingering cynics, after all these.

I just pity them. They’ve have fallen inside a trap that affects ability to think or even dig deep.

For those who’ve read this far, I hope you find a niche to occupy in the opportunities that are likely to open up.

Nigeria can be terribly frustrating but each person owes it to her/himself to not become crippled by cynicism. It’s hard but doable. You should never allow it.

To the ones who just want a laugh at someone seemingly ‘defending’ a government they dislike, a word of advice:—
Even if you doubt all I say, just take the seeming trivia shared in the original post & note them.

They may prove the decider when you’re in tie, and a choice of that one person with that little extra je ne sais quoi has to be made, in a job opportunity situation.

Best wishes!

The Genesis.

https://x.com/GbenroAdegbola/status/1940282372269982162?t=ryEwNaaovf0Rt1TthBnBPg&s=19

Torh, El Rufai is also holding phone for Aregbesola, like Aisha held phone for Nigeria for more than two hours.

This is why i continue to say that we don't need a messiah as a country, we need a working system. Let's accept that Buhari was a saint and didn't take a dime not belonging to him, what about what happened under him, barely without his notice? And Buhari still get sense and pedigree oh. It is this same format that Obi uses, claiming one man army surrounded by crooks and terrorists. Obi whose party barely has senators and rep members, no be impeachment and court he go dey do cluelessly wasting everyone's time?

Notice again that Obi doesn't talk about the killings in the South East. Many people don't even know much about Yobe and Kwara state problems. Does Obi care about the killings, no. He thinks it's political gain for him. In his little mind, complaining about South East doesn't remove from APC's votes or add to his. He needs votes from other regions, not that he cares. He very joyful to hear anything negative happens, it's his lifeline. Plus, he can't dare face/challenge the monsters they created. He doesn't have executive powers to shoot suspects at sight as he did when governor. He had no normal solution to problems then and now.

K!llers in Benue massacre singing.

Oooops,I no see Fulani Herdsmen ooo no be Fulani herdsmen ni?

We go dey alright with the right information pic.twitter.com/nMiDBT3qIt

— Senior Pst Okezie James Atañi. (@Onsogbu) July 1, 2025

Is this one also Fulani? Are those names he's mentioning Fulani? This is part of why it's very difficult to believe stories of alleged killings and attacks by herdsmen. Again, where are the cows? Every other criminal have given their lives to Christ in pastor Eneche crusade or what?

Do you expect Obi to talk about the killings in the South East, no don't. It doesn't help his desperation or add any votes or sympathy to him. He doesn't care about the lives,just needs votes from other bases. Plus the boy mustn't challenge the monsters they created.

Another d.ic measuring contest fa. Na this statistics we wan chop? The $35 billion Ras El Hekma coastal development in 2024, led by Abu Dhabi’s ADQ, was a standout: it alone accounted for most of the USD 46 billion FDI inflows.
The Ras El Hekma coastal development project is a large-scale urban, tourism, and investment initiative aimed at transforming Egypt's North Coast into a major international destination. The project, a collaboration between Egypt and the UAE, involves developing a new city with residential areas, hotels, resorts, entertainment venues, and essential services on over 170 square kilometers.
Our Lagos Calabar coastal highway is 700 kilometers and about $10billion but the funding is not FOREIGN so will not be counted as FDI anyway.
Imagine if Nigeria wanted to do something great on 170 square kilometers, opposition will make all kinds of noise and say things like we should continue with what we have on ground.
When Tinubu's FDI results start coming in, hope people will not start having seizures like they do when we remind them of Lagos.

Kukutente23:
How does all you wrote above explain the low FDI if you claim the other sectors have overtaken oil as the main FDI contributor?

i explained already but i will try breaking it in bits incase you genuinely want to understand and for those that may read to understand. FDI is Foreign Direct Investment. It is an investment made by a company or individual from one country into a business or entity in another country. International oil companies (IOCs) like Shell, Total, and Chevron were the biggest contributors, they made up over 60% of the FDI then. Currently, local-led companies like Seplat, Oando, Heirs Holdings are the ones making investments in oil and gas so it is no more FOREIGN or FDI. The major percentage of foreign investments now come from tech and fintech. FOREIGN investment in oil and gas has shrunk, local investment has increased.

You just keep disgracing yourself. If the money is there why are we removing subsidy and devaluing the naira?

i said that the investment money is there but from local companies. Nigeria didn't have enough money to pay for both fuel and FX subsidies. We were borrowing to pay from everywhere. It's part of the debt that was the famous ways and means. We borrowed future crude oil production just to pay subsidy. The complaints have been on for many years with nobody to bell the cat. Every educated persons suggested the removals and every political party promised to remove it. Almost every increase in pump price was an attempted removal of subsidy by a little percentage. Because of the backlash that follows such increase, all the FGs since OBJ were afraid to remove it, only grumbling. It got to the point the previous FG didn't even budget for the payment but left it for the next FG to solve. Tinubu did it and i give kudos to him for having the political will to, regardless of the backlash.

https://www.vanguardngr.com/2023/01/weve-been-borrowing-to-fund-petrol-subsidy-finance-minister/?

Why has our GDP sunk so abysmally low?

Because of floatation which is calculated in dollars. It's actually an argument between six and half a dozen. To break it down, assuming Nigeria's total income (GDP deals with DOMESTIC product not foreign or international. That is goods and services in the country) is 120,000 naira and the exchange rate was 450/$, this is $266.67. As this 450/$ has now become about 1500/$, the same 120,000naira is now $80. The total income didn't reduce in naira/domestically. It reduced in dollars. Meaning if FG wants to increase the so called GDP this month, they'll just subsidize the dollar to 400/$ and this 120,000naira immediately becomes $300. Then we will all clap for Tinubu and worship at his feet for improving GDP. If you can see, this is just a d.ic measuring contest, nothing really changed or improved in this scenerio. Just some economists playing with numbers.

Why are we owing so much than any other time in our history and still posing to take more debts? Why is their high unemployment such that NBS has refused to release employment data since last year?
You are just exposing yourself further in these watery claims. Just admit you goofed and move on

Again, the debt depends on what you are looking at, whether naira or dollars. The good news for me though is not about whether the debts decreased or if you argue increased. The good news for me is that we are no longer accumulating debts for subsidies. Our debts are now tied to meaningful projects. It's another pot of fish about whether the monies will be embezzled.

🇳🇬NIGERIA'S DEBT — HALF-EMPTY OR HALF-FULL?

🔴HALF EMPTY
Jun 2023 — ₦87.38 trillion
Mar 2025 — ₦149.39 trillion
An increase of ₦62.01 trillion in 21 months, approximately 71% growth rate

🟢HALF FULL
Jun 2023 — $113.42 billion
Mar 2025 — $97.24 billion
A reduction of $16.18 billion in 21 months, approximately 14% drop.

One data, two perspectives!

#Statisense

https://x.com/StatiSense/status/1939240086261887033?t=FQqEFzcD-wl0bdUI_ZyjJg&s=19[/quote]As for unemployment data, the NBS has not released since Q4 2020. i don't know why that is, neither do i agree with it.
https://guardian.ng/news/csj-urges-nbs-to-release-nigerias-unemployment-data/?utm