Chachalogo: > With all due respect sir, your 4th paragraph contradicts your 3rd paragraph, but I stand to be corrected with facts.
> What exactly do you think is responsible for the deficit nature of our national budget?
> We keep borrowing without producing. Can you educate us what exactly Tinubu is using these borrowed monies for?
> Please kindly explain to us what Tinubu meant by 'I have met my revenue target'.
We are waiting!
Thank you sir!
Well I will respond to you as you appear to be a reasonable, plus you prove yourself to be better than me by not responding to my implied insult.
Now I need to remind you that the budget have two distinct sides. Planned expenditure(expenses) and Revenue(Income). When the revenue exceeds expenses which is extremly rear in govt budgeting you have excess, but when the revenue is less, you have deficits.
When this budget was made, the projection is that we will have a deficit and the plan is that the government will borrow to cover this deficit.
While it is true that the govt has been able to achieve 100% of its project revenue up to August, which is remarkable as it is uncommon, this will not still be enough to cover the deficit that has been built into the budget.
Now I need to let you know that govt borrowing is always a mix of short, medium and longterm borrowing. When they declare the budget, they ussualy dont have the money, so they borrow short time to kick start the budget, this is paid back as the Revenue comes in, it includes loans from banks and individual like you and I(bonds, treasure bills etc) There is also long term borrowing ussualy for capital projects, most time budgets deficits meant for capital projects are longterm loans.
I hope I have been able to answer your questions in a way that is clearer for you.
ufotunang: .. and this is the same federal government that says that Nigeria external reserves have increased to 43 billion dollars.
Then when can't they use some of money in the external reserves to fund the budget deficits instead of borrowing
Its an option I am very sure they have considered and concluded that it is better to build your external reserve instead of not borrowing as long as you are conveniently meeting your loans obligations.
If you are smart and observant, you would have been able to recall that the budget includes a deficit element that is not covered by revenue.
But as school sat failed wey you be, it will be too much to remind you of this fact.
Meeting his revenue budget means he have enough money to pay back short term loans that was within the prohected revenue.
In the same budget, there is deficit, which means he will have to borrow to cover that.
If at tge end of the day his revenue superceded expectation, he can use it to boast his external reserve by savibg it, which the govt is doing right now, or he could use it to repay loans, which they are not doing.
But assuming that they wont have to borrow because they have meet their revenue target is babyish economics.
slyzy: So now that the naira is floated (no artificial backup of naira) and subsidy is also removed, where is the proceeds going to that Tinubu keeps borrowing on monthly basis? The money Tinubu has borrowed within two years is more than what Buhari borrowed for eight years and it goes on. What's happening?
Govt always borrow against expected revenue plus deficit to run their budget.
Tinubu have the biggest budget ever, so naturally he will also borrow the most.
Some of this loans are short term loans that are being paid back as the revenue is comming in.
But even at that the loan in total will continue to rise as the revenue is rising.
wasuka14: Mr GDele should announce who won the election nah? Why all this noise and cry everyday? He didn't won? Who won? Tell us. Just because Mr President only focus on governance and doesn't have time to sue some b*st*rd doesn't mean you can just be running mouth any time.
The Mumus..In the same election done at the same time as the presdential election , APC won both the senate and the house of assembly and this dumb people believes that majority of the same set of voters will vote for another party other than APC in the presidential election.
The bitternes and blindness is really consuming their soul
SpencerForbes: Yeah, but that doesn't mean we can't adopt their standards here. If Nigeria had a robust system of governance, some of those who leave might have been inspired to come and contribute, or at least train more Nigerians to fill the gap. But as it stands, we know that once someone leaves, they rarely come back.
Will you come back for less pay and more work?
Even the Uk and European countries are loosing doctors to Canada and Australia, its a major item in the news and I have meet some of this Drs.
The US as the worlds defacto headquarters is the Number 1 harvester of talents , so literarily the best brains from every country in the World moves to the US. The R& budget available in the US is probably as much as the rest of the world joined together, so it is no surprise that ambitious and capable people go there.
On a side note, the money the US has spent on the UKraine/Russia war will solve all of Nigeria's debt problem and leave some change for investment in our power sector.
So there are levels.
Just like many serious business man in Nigeria will move towards Lagos. Most exceptional professional in the world moves to the US.
We even joke about it in Canada, the best Canadians live in the US.
SpencerForbes: Due to brain drain, we've lost a significant number of professionals. While they're making notable contributions in other parts of the world, our country is left grappling with the consequences of this talent exodus. 🚶♂️
But you do know that the ones mentioned in this article were not trained in Nigeria..right?
chiagozien: He's very right, what is there to defend?
Accusing someone of terrorism without providing ingredients of terrorism found on him.
They real Case should be first court settle the jurisdiction of him to face trial, no saying he should add that among the written defense after his defense.
It shows they are not out for justice.
God bless Mazi Nnamdi Kanu
I am 100% sure that if Kanu were to come out tommorrow and say exactly the opposite of what he said today, you will still come here to say he is right.
You don't have an oppinion, all you have is sentiments and the people that you are rooting for will always be right to you.
ayo2008: Why justify issues with bias? Rufai is right A country that is import dependent and buying Recklessly like this ?
We know the APC data boys
Yes anyone that have an opinion that is different from yours must be an APC data boy, after all your point of view is the only one that is right and ever that loves Nigeria must always agree with you.
anonimi: The same way that Lagos State borrowing under Tinubu’s master plan, despite increasing tax burden on 20 million Lagosians for budget growth, keeps Lagos rolling in deprivation of basic services and utilities like water.
miracle002: You are the one concluding, I did not say God told me Obi will win in 2027 he did not tell me in particular the actual person that will win. But what He said is that 2027 will not be business as usual. It will be a shocker to this evil Apc government and all his supporters.
But with the way He keeps mentioning Obi, I pray Obi wins although you cannot predict God.
But all the same, let whoever He choses to win the election win, He knows the best for this country
And God specifically mentioned 'This evil APC government' or na you add that one.
God also told you that Kanu that was lured from UK where he was relatively safe to Kenya by a Kenyan 'Yansh' or 'Kpeku' as una dey call am is 'His prophet'
His prophet annointed to spread hatred and falsehood, I guess.
I like your fall back position , So God did not tell you Obi will win, neither did He tell you Tinubu will loose. Only that 2027 'won't be business as ussual' which is practically meaningless.
Which school of prophets you attend, I want to check something.
truthera: With over 20 witnesses set to testify, Nnamdi Kanu will defeat and disgrace Nigerian government in court. He will prove to the world how shameless, evil and lawless is the country called Nigeria.
Realy?
Which primary school you attend? I want to check something
Kelle443: Residents of Abia State hit the streets this afternoon to protest the sharp increase in electricity bills by the Enugu Electricity Distribution Company (EEDC).
seunmsg: Go and check the result of APC in Imo, Cross River and Ebonyi and compare with states that did not have APC governors like Enugu, Anambra and Abia state.
He doesn't realize the goal is just to stay in the game in those states, not necessarily to win, you know?
That's BAT's plan: be a contender everywhere, and make sure the other side's votes get spread thin.
Think about the last election. The only place BAT wasn't in the mix was the Igbo states in the SE. That's how he pulled it off.
dipset01: I honestly feel very frustrated and just need to get this off my chest. I now understand what people mean when they say, “Don’t marry the wrong spouse.” Brethren, I think I may have gotten this one wrong.
My wife and I have been married for seven years. I was 28 when we got married, and she was 22. In the beginning, things were fine, but along the line, the marriage became increasingly challenging. From early on, intimacy was an issue. She often refused sex, saying she was tired. To reduce tension, I limited my request to once a week — usually Saturday mornings — even though I would have liked more. She also didn’t cook regularly. I complained several times, especially since I covered about 95% of food and household expenses. Eventually, I got tired of complaining. When we moved to lagos from portharcourt, She once told me she didn’t feel loved and wanted me to do more house chores and take her out more. I tried to adjust — suggested she hired a maid, helped around the house, and made an effort to take her out when possible. Lagos life can be very busy, but I did what I could. Every year for the past four years, I made sure we lodged in a 4- or 5-star hotel for a few days as a couple. She went on vacation to dubai 2 years ago. But she often said I was doing it “for the family (children), not for her.” That she wants her own treatment.
At one point, after a serious conflict, I took her to her father’s house and told him that we didn’t love each other anymore. During the mediation, she played the victim at first, crying. But when her father tried to correct her, she suddenly became defensive and started yelling — even at him. Her father was shocked and had to calm the situation. He later told us something that stuck with me: “You two talk, but you don’t communicate.” Since then, I’ve tried to improve our communication, but it feels like my wife has given up on the marriage.
In the past year, things have gotten worse. Any small thing I say seems to anger her. She interprets normal conversations as arguments and shuts down. I have become conscious of it and tell her not to raise her voice and try to match her voice tone. She’s not open to resolving conflicts. I honestly believe she no longer loves me — she resents me. She gets angry easily, often over nothing. We barely talk deeply anymore. Most of our conversations are shallow. I try to initiate discussions, but she’s either uninterested, on her phone, or just cold.
She no longer sleeps in the same bed with me, claiming back and neck pain. I’ve offered to buy a new mattress or switch beds, but she’s not interested. As a result, our sex life has deteriorated — we’re down to about once in three weeks, and even that comes with tension. Even to approach her now comes with alot of hesitation and fear of rejection. Recently, when I tried to be intimate, she got angry, accused me of hurting her breast, even though she was the one preventing me, she then walked away. That led to another quarrel. It’s extremely frustrating to feel rejected repeatedly, especially after weeks of restraint.
Even minor things turn into big arguments. For example, I once told her not to pour water into the griller after cooking because it could cause rust. Her reaction was explosive — she shouted that she’d never wash the oven again and that I should do it myself, going forward. I felt asked was she was yelling. I tried to calmly explain, but she kept escalating, I must wash it, if she cooks the food, i must wash the burner. It dawned on me that she no longer sees or appreciates what I do in the house. Despite being the main provider, I still handle more than 50% of household chores — I wash dishes, vacuum, clean toilets, take the boys to school, iron everyone cloth etc. She mainly cooks, bathes the kids, and does laundry. I told her I do as much chores and she is in no position to dictate to me, no big deal in washing the burner but she needs to be polite. And she should not take me doing chores for granted, I am just supporting her. We both work from home so there is no stress of commuting to work etc
She acts like she’s disgusted by me. She avoids sitting near me, doesn’t want me to touch her, and even turns her face away when I try to kiss her. If she is sitting on a chair, if i come sit on that chair she will use style and go to the room. It is either my mouth smells or my tummy is big. I am relative fit, not a 6 packs man o. I go just swallow these things. Nothing wrong in feedback, but the way and manner she gives it is not fine. Never ever body shamed her. One day she told me, sabi I was almost calling of the marriage while we were engaged, why did I marry her? I was shocked. It was something I didnt remember doing. It just shocks me to know how unforgiving a woman can be, and what goes through their mind.
When I try to talk things through, she ignores me or gives cold replies. I’ve even sent messages on WhatsApp just to get through to her — she either ignores them or replies with things like, “You win.” We don’t walk together anymore — she either walks ahead or rushes off.
One day I even begged her to forgive and forget whatever I might have done, even if I didn’t know what it was. But things only seem to get worse. We relocated to the UK last year, and I thank God I have a good job that helps me support the home. Honestly, I feel that’s the only reason she’s still around. My spirit tells me that if I ever lose this job, I might lose my home too. Or she is just waiting for the kids to be of age.
I’ve tried to make things better — bought her gifts (including a Samsung S24 for her birthday), taken her and the kids to the cinema, arcade, amusement park, and more. She enjoys these things, but there’s no real change. Even told her to tell me what she wants. The only area I think I need to still work on is the pray more with the family. She says she wants me to pray more with her and the children. I admit it an area I need to work on.
No one is perfect, neither am I or expecting my wife to be. I know I’m a good husband and a great father, But it feels like she’s emotionally checked out. Divorce is never in my mind because I come from a Christian home, and I care deeply about my kids and even her. I still believe any marriage can work if both partners are willing to try. But right now, I’m just tired. It’s painful when you want to communicate, but the other person refuses. She’s grown cold, distant, and resentful. When she cooks, I can see the resentment in her eyes, she is not happy doing it. It is like she went into the marriage with certain expectation and it doesnt look like I am meeting them. I have tried to ask, what can i do, teach me to love you. Tell me what you wants, for where? she will just lock up.
She has good qualities — she’s spiritual, beautiful, ambitious, serious-minded, she takes good care of the kids, she has introduced my children to God and prays with them. But emotionally, it feels like she’s no longer in the marriage. I’m just frustrated and honestly don’t know what else to do. I’m not perfect, but I’ve been faithful, responsible, and patient.
At this point, I just needed to vent. Maybe someone out there has gone through something similar and found a way forward.
She is too comfortable at your expenses.
Its time to shake the table and introduce some discomfort into her life. Ignore, stop appeasing her, fibd a pseudo friend to be chatting with on phone, call and laugh with that fake friend in her presense.
Stay out longer and eat out sometimes, buy things for the kids and not her.
If this doesnt wake her up, she never l9ved you, and you sjould be considering moving on with your life without her.
Validated: Your reasoning is a reflection of your level of education. A state government gave approval for a building, supervised the structure, then trun around to say they encroached on whatever. That is NONSENSE!
Auspiman: Recent demolitions of properties in Lagos, many of them belonging to the Igbo and other Nigerians, have exposed a troubling dimension of governance and inter-ethnic relations in Nigeria. These acts, carried out by the Lagos State Government, amount to economic terrorism against citizens who have invested heavily in the state’s development.
For decades, Igbos have played a vital role in transforming Lagos into Nigeria’s commercial nerve center. They built homes, industries, and markets; they created jobs and generated taxes that sustain public infrastructure. They bought lands with their hard-earned money, secured necessary approvals, and constructed buildings under the supervision of government agencies.
How then can the same government return years later to demolish those structures, citing “irregularities” or “encroachment”? Such actions are not only unjust but also destructive to public trust and economic confidence. They amount to a betrayal of legitimate investors and a blatant disregard for the rule of law.
These demolitions send a dangerous message, that citizens, particularly the Igbos, are not safe to invest outside their ethnic homeland. They also discourage both local and international investors who now view Lagos, and by extension Nigeria, as a politically unstable and economically petty environment.
If truly Nigeria is one nation, then no government has the moral or legal right to destroy the wealth of citizens who invested in good faith. The act is not just a physical destruction of property, it is a symbolic assault on unity, trust, and progress.
By targeting a group whose only offense is enterprise and success, the Lagos State Government, possibly aided by elements of the central authority, shows a lack of gratitude and foresight. It proves that political pettiness and ethnic bias still outweigh justice and development in Nigeria’s governance system.
Odor Michael C.
Why is it economic Terorism when done in Lagos, but just normal town planning when done in other parts of the country?
I will also like to ask you, the money that the Igbos used in building their houses and bisinesses in Lagos, did they make it in Lagos or brought that money from anambra?
Let me change that question a bit, the wealth of the Igbos came from where, is it their business in Lagos or their palaces in owerri.
Lagos has been good to the Igbos, they are everywhere flourishing and doing well, that is why they have remained in Lagos and will continue to remain there.
Racoon: Government of lies, for liars and based on lies and propaganda. When you see this kinds of back and forth, just know that the real situation of things is the opposite.
Let Wale Edun do a live press interview session and not paid NL propagandists doing damage control for his disposition or in disposition. They lie so much to cover many lies
VeeVeeMyLuv: Bro stop it It is not good for your health. Different leaders have different vision, priority, pain points, and so on.
This particular one was an astute lawyer, a successful one in the legal profession rose to the echelon of career. He also a professor. So he must have studied history and even taught history in the University and got to find out about this gruesome inhumane act perpetrated by the army at the time.
They are supposed to fight their fellow soldiers who are with gun on the other side man to man.
But they turned on armless civilians who were even on their side. These civilians were in support of the Nigeria army or neutral (innocent civilians).
The Nigerian army still did what they did. Maybe he did what he did because Kaduna Nzeogwu was from around that area. So in his mind he is revenging.
Today if someone says they are from Delta state na automatic passionate hatred that person go dey receive , even though Delta state contribute significantly to the country purse from the crude oil and gas from Delta state.
Politics › Re: Tinubu Seeks Fresh ₦1.15trn Domestic Loan To Fund 2025 Budget Deficit by loffyloffy: 7:45pm On Nov 04, 2025*. Modified: 10:55pm On Nov 04, 2025
budget available in the US is probably as much as the rest of the world joined together, so it is no surprise that ambitious and capable people go there.
