₦airaland Forum

https://www.thecable.ng/to-revamp-nigerias-economy-we-must-cut-the-cost-of-governance/amp

Cutting the cost of governance as a first step to revamping the Nigerian economy.
 
By Kunle Oshobi
 
In April 2006, the Nigerian government was able to conclude a deal in which they made the final payment for our Paris Club debt and the country became virtually debt-free. This resulted in very strong fundamentals for the country’s financial status which was demonstrated by a respectable credit rating for the country and for the first time ever, a significant appreciation in the value of the Naira against major international currencies.
 
In paying off our debts which was at that time choking the Nigerian economy same way it’s choking government finances today, the government had negotiated a 60% discount on our $30 billion Paris Club debt. Effectively the Paris Club had accepted to write down $18 billion of the debt if Nigeria made a lump sum payment of $12 billion in full and final settlement to the club of creditors. This the Nigerian government was able to do easily by dipping into our foreign reserves which had been significantly built up by the Obasanjo administration since they assumed power in 1999.
 
From just over $5 billion in 1999 when the Obasanjo administration assumed power, they where able to increase the country’s foreign reserves to $42billion by 2006 when the Paris club debt was paid off and it was this enhanced liquidity that enabled them to negotiate with the Paris club of creditors from a position of strength and get significant concessions on the debt. The robust foreign reserves also played a major role in stabilizing the value of the Naira during that time period as well.
 
One begins to wonder how the government then was able to build up our foreign reserves so significantly at a period when oil prices averaged less than $40 per barrel and our oil production capacity was much lower than what we have today. The simple answer is that the government then was able to keep the cost of governance relatively low and rather than fritter away the increased revenue from crude oil when the prices were going up and our production capacity was increasing, the government chose to save by building up our foreign reserves and creating an “excess crude account” that our budget surplus went into.
 
It was this prudent management of resources that created an atmosphere that enabled the economy to thrive during that time period and this contributed significantly to Nigeria being the fastest growing economy in Africa during that era and becoming the biggest economy in Africa when our GDP was rebased in 2013.
 
Sadly, from a situation where Nigeria was left with just over #2 billion in external debts after we exited Paris club in 2006, our external debts have grown rapidly to an all-time high of over $42 billion while our total debts are in excess of N90 trillion when we factor in local debts. We now find ourselves in a situation where we are now using up to 97% of government revenue to service existing debts while the government has to resort to taking more loans for the basic task of running the government.
 
The other tragic part of the increased loan portfolio is that most of the loans were taken to finance recurrent expenditure with very little capital expenditure or even investments to show for these loans so there is no hope of increased economic activity or revenues being generated to help off set these loans.
 
Virtually everything was used to finance consumption despite claims by the previous administration that they invested heavily on infrastructure. The reality is that the handful of major infrastructural projects they embarked on doesn’t come anywhere close to justifying the additional N77 trillion in debt incurred by the immediate past administration.
 
A lot of people begin to ask, how these debts affect us individually as they assume that the burden is on the government alone. The reality is that it is these debts that are responsible for the high inflation rates in the country. The major cause of inflation in the country is due to the falling value of the Naira which continues to fall as a result of the government’s fiscal irresponsibility.
 
To finance the bloated cost of governance, the government has been taking the shortcut of borrowing more money and getting the Central Bank to print more money to finance their consumption. This increased money being pushed into circulation to finance consumption without a corresponding increase in the level of goods and services being produced in the country is what is directly responsible for the constant fall in the value of the Naira and the high inflation rate that we are all being subjected to today.
 
Given the current terrible state of our economy, one would have assumed that the current administration who by their own admission stated that they inherited a very bad and heavily indebted economy, would not continue on the path of financial recklessness of the previous administration and be more prudent with the management of our commonwealth.
 
Rather what we have seen is even more profligacy in the management of our resources as demonstrated by the enlarged cabinet size of the current administration and the two supplementary budgets that they have presented in the last six months which were mostly to finance consumption and the excesses of those who now hold the reins of power.
 
If the current administration is really serious about fixing the economy, the first step they ought to have taken was to make drastic cuts in the cost of governance. In a conversation I had with a former top government official who had been involved with the economic team, he stated that most recurrent expenditure budgets were heavily padded and that the government could afford to cut it by up to 50% without affecting service delivery by the government.
 
This is apart from the fact that there are a lot of redundancies in the public service that add up to unnecessarily increase the cost of governance. According to his analysis, we can easily reduce the expenditure budget for the current year by as much as N6 trillion without affecting service delivery. The savings can then be used to reduce our deficit/debt burden and improve the health of the economy.
 
Of course, there are several other things that need to be done to revamp our economy which I will focus on in subsequent articles but for now, the starting point to revamping our economy should be to make drastic cuts in the cost of governance, reduce the deficit and strengthen the economic fundamentals of the country to lay a strong foundation for the needed investments that are required to turn around the economy of the country.
 
Oshobi, a development economist, management consultant, and author writes from Lagos.

Supporting the automobile industry as a trigger for Nigeria’s industrial development.

By Kunle Oshobi
 
In 2014, the Jonathan administration came up with the National Automotive Industry Development Plan which was designed to encourage investments in local manufacturing and assembly of vehicles while creating local jobs, boosting our GDP and reducing foreign exchange spent on imported vehicles.
 
The policy increased the tariff on imported vehicles to 70% while it reduced the tariff on Completely Knocked Down (CKD) parts of automobile components amongst other incentives to encourage investments in the automobile industry. As a result of the policy, over 40 firms were issued with licenses by the National Automotive Design and Development Council to establish automobile manufacturing/assembly plants in Nigeria, and subsequently about $1 billion was invested by these firms to jump-start their operations in the country.
 
In my opinion, the Automotive Industry Policy of the Jonathan administration was easily the best economic policy initiated by the administration as it is a policy that is capable of setting the stage for an industrial revolution in the country and transforming the economy of the country if it had been built on. Sadly, the succeeding administration failed to give the industry the necessary support and the industry is still far from the success story that it was envisaged to be.
 
Admittedly the policy attracted a number of foreign brands to start assembling their vehicles locally but the local industry is still scratching the surface of it’s potential. For instance, out of the over 400,000 vehicles purchased in the country in 2022, only 10,400 were assembled locally which amounts to just a 2.5% share of the Nigerian market. This is a very far cry from the 50% market share that the policy aims to achieve for local manufacturers.
 
The recent outcry by the public based on the plans to buy 469 imported luxury SUVs for members of the National Assembly at an estimated cost of N59 billion has once again brought the issue of the government not supporting our local industries to the front burner. Apart from the fact that such huge expenses should not have been undertaken given the parlous state of the economy, one would have assumed that a government that was serious about fixing the economy would have prioritized patronizing local manufacturers instead of opting for exotic and expensive imported brands especially when high-quality alternatives were being produced locally.
 
It is not enough for government to make policies to support local industries but they must also give their full support by patronizing them. In conformity with this line of thinking, I believe that our governments at various levels led by the federal government should promulgate a “Made in Nigeria” policy which will ensure that goods made in Nigeria are prioritized in all government purchases and most especially in the automobile industry.
 
Imagine the boost to the local industry if the federal government issues an executive order or even enacts a law mandating that only made in Nigeria vehicles are allowed to be purchased as government vehicles and the President leads by example by changing all the cars in the presidential fleet to Nigerian Brands.
 
With the president setting an example, he can then encourage every state governor to implement similar policies to support their local industries. For maximum effect, this policy should not be limited to just government vehicles but should also be extended to all vehicles licensed for public transportation in the country for maximum effect.
 
Imagine the boost to the local vehicle manufacturing industry if all the buses, taxis, and tricycles being used for public transportation in Lagos were phased out over a period of five years and replaced with brand-new vehicles that are manufactured in Lagos. I know the issue of the cost of financing these new vehicles will come up but this presents another opportunity for vehicle leasing and hire purchase which will also boost commerce in the state while ensuring that we have safer and more comfortable vehicles being used for public transportation across the state.
 
The “Made in Nigeria” policy can also be extended to the textile industry by ensuring that the fabrics for the uniforms of all uniformed government personnel and students across the country are sourced from local manufacturers to help boost the textile industry in the country.
 
By enacting and implementing this “Made in Nigeria” policy, the government will not only be supporting the local industry to create jobs but they will also be boosting government revenues through increased tax returns from these industries thereby making it a win-win for all.
 
With the increased patronage these industries will be getting, they will now be encouraged to scale up and even support other industries to produce some of their needed components locally based on economies of scale thereby creating a multiplier effect in the production value chain.
 
It is estimated that if the local manufacturing industry can scale up to meet up to 50% of the annual demand for vehicles in the country, it would attract investments of up to $16 billion in the value chain of the automobile sector and create at least one million jobs in the country. The implementation of the policy in the textile/garment industry will also attract an investment of at least $2 billion while creating a similar number of jobs.
 
By enacting the “Made in Nigeria” policy, we will not only be setting the stage for Nigeria’s industrial development, but we will also be solving many of the country’s economic problems in the process. We will be able to reduce our foreign exchange expenditure and help stabilize the Naira, create jobs, boost our GDP, and increase government revenues through increased tax sources all at no financial cost to the government.
 
Oshobi a development economist and management consultant writes from Lagos.
 
 
https://www.thecable.ng/supporting-the-automobile-industry-as-a-trigger-for-nigerias-industrial-development/amp

9jatriot:
When we say do not deliberately make your region unsafe, they will think it is hatred. It is beautiful things like this that make us say it.

There is no region in Nigeria that cannot boast of cultural beauty if we all harness our potentials.

Say whatever you want to say about Lagos, it is far better run than any other part of Nigeria. It is one of the many reasons why many of us support Tinubu.

Our hope or belief is that he is able to replicate or even better what he was able to start in Lagos.

Arrant nonsense, Tinubu has absolutely nothing to do with the development of Lagos. Lagos has been by far the most developed state in the country for at least a hundred years before Tinubu migrated from iragbiji to Lagos. It's ridiculous to be giving a rogue that failed woefully as governor of Lagos state the credit for the development of the state.

Burob:
Bury this wailers epistle of stories that touch, na record fines awaits Atiku Malu Abubakar, & his surrogate protégée Gringory Obi for wasting The Court’s time, & deliberately deceiving the vulnerable minded Agbadorian Atikulators & Obidients.

How much are you being paid by Tinubu and his gang of criminals to be disgracing your family on social media?

Press Release
21/10/2023

Consider Nigeria first, Timi Frank tells Justices of Supreme Court

Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has called on Supreme Court Justices to put the interest of Nigerians first for the sustainability of democracy as they adjudicate on the appeals challenging the eligibility of Bola Ahmed Tinubu as President.

Frank made this call in a statement in Abuja, in reaction to hearing notices from the court to parties in the case fixed for Monday and the setting up of a seven-man panel of Justices to hear the appeals filed by three presidential candidates challenging the outcome of the February 25 election and the subsequent dismissal of their petitions by the tribunal.

The candidates are Atiku Abubakar of the Peoples Democratic Party (PDP), Peter Obi of the Labour Party (LP), and Chichi Ojei of the Allied Peoples Movement (APM).

The Supreme Court Justices to sit on the appeals include Justices Musa Dattijo Muhammad, Uwani Musa Abba Aji, Lawal Garba, Helen M. Ogunwumiju, I.N. Saulawa, Tijjani Abubakar and Emmanuel Agim.

Frank who is the United Liberation Movement for West Papua (ULMWP), Ambassador to East Africa and the Middle East, urged the Justices to know that the appeals they are about to hear would remain the toughest, far-reaching and represents the most difficult decision they would ever make in their long years of stewardship at the bench.

Frank said: “We know there will be intense pressure on you, Justices, to do the wrong thing. There will be promises, gifts and inducements.

“Some of you are about to retire. What reputation do you want to retire with? Do you want to retire with blood-stained wealth given the number of people whose blood were shed during the election without peace in your conscience? You can be vindicated today by man who wants you people to do injustice and inflict more pains on Nigerians. Will you also be vindicated by God? What do you want to be remembered for upon retirement?”

He added: “This is not about Atiku Abubakar, it's not all about Peter Obi, it's not about the APM party. But it's about the legacy and precedent that you are about to hand down in Nigeria. The supreme Court as the last line of defense of democracy and the rule of law must fulfil its duty and this is the moment to do so.

“Therefore this is not the time to base your ruling on technicalities.

“Judge within your consciences and God to know if the arguments before you are viable or not. You
must thoroughly weigh the facts and the truth before arriving at a decision.”

He noted that the whole world has seen the facts and they know the truth about what transpired during the elections.

“They also know who submitted a forged certificate to the Independent National Electoral Commission (INEC).
The courts in other jurisdictions have proven
and certified some of these facts.

“This is not time for the Supreme Court to reject any evidence that is germane to unraveling the truth and doing justice in the case notwithstanding arguments that the Supreme Court will not admit new evidence,” he said.

He urged the justices not to seek to protect the interests of one party or one man against over 200 million Nigerians, home and abroad, that are now anxiously waiting for truth to prevail.

“Already the world has lost confidence in the Nigerian judiciary. Nigerians and members of the international community have lost confidence on the judiciary. But we believe this is time to prove the nay sayers wrong.

“This is the time for the justices to restore hope in the judiciary. Your decision would either rekindle hope in the country or further destroy it.”

He noted that the Chief Justice of Nigeria, Justice Kayode Ariwoola, while addressing 22 newly sworn-in judges of the Federal High Court recently said the constitution must be considered in deciding each case brought before them.

According to Ariwoola, “Several vitriolic attacks are regularly heaped on the judiciary; it is, however, crystal clear that public opinion, no matter how serious or weighty it might be, cannot override or supersede the Constitution of the country which we apply in deciding each case.

“Nevertheless, your Lordships still owe your conscience and the generality of the Nigerian masses, particularly those who are looking up to you, the great responsibility of good moral rectitude and acceptable conduct to uphold and consolidate the trust reposed in you.”

Frank said: “We agree with the CJN that the constitution must be the basis of arriving at a decision in the instant case. The Justices of the Supreme Court that would hear this appeal would owe their decisions to the provisions of the constitution, their consciences,
God and the good of the country.

“Already, members of the ruling party and those in government are celebrating their expected favourable outcome of the appeal which points to the fact that they are privy to how the Justices will rule which Nigerians do not know, if that be the case, man would have spoken but God and posterity will speak for Nigerians at the end of the day.

“We urge the Justices to be bold and courageous like the Kenyan Supreme Court Justices that today are a shining example and a reference point as an upright and unbiased judiciary in the continent of Africa.

“Defend our laws. We are not demanding for you to do anything against the law as Nigerians, but respect the constitution which forbids candidates from presenting forged certificates to INEC,” he declared.

END

Signed

Comrade Timi Frank
ULMWP Ambassador to East Africa and Middle East

flyinnizam:
dead Alligator

This is not an alligator, it's a small crocodile. We don't have alligators in Africa.

This will make it much easier for him to loot the revenue of the Federal Capital Territory and also introduce Alpha Beta scammers to the FCT revenue generation system.

yarimo:
You were just giving free bonus data to create senseless thread, so nothing wrong in asking questions na. Any idea with what is going on in Israel and Palestine

What primarily concerns us here is the fact that we now have a notorious criminal that is parading himself as president of our country. Israel and Palestinian should take care of themselves.

yarimo:
What is the situation in Israel and Palestine? Just asking for a neighbor

How is the question relevant to the more pertinent issue that we have a confirmed fraudster and notorious criminal illegally occupying the office of the president of Nigeria?

October 9, 2023 10:59:01 AM


Tinubu’s house of forgeries


By Paul Ibe

Since Tuesday last week when the deposition regarding President Bola Tinubu’s educational qualifications came to the fore in the United States, there have been several attempts to twist the facts of the matter, which deliberately aim to confuse the mind of the public concerning the matter.

Some media aides to the president have come out openly to ‘push back on the narrative’, while some media houses, especially one, have persistently slanted their story to justify a corrupted interpretation of the facts in the disposition.

Sadly, however, the truth of the matter remains that Nigeria’s President, Bola Tinubu falsified a document he submitted to the Independent National Electoral Commission (INEC) and swore an affidavit under oath to back up his forgery.

On page 26 of the deposition which is publicly available, the Registrar of the Chicago State University, Caleb Westberg under oath, was asked a simple question that, “CSU has determined that it does not have a true and correct copy of the diploma issued to Bola Tinubu in 1979, correct?

“To which the Registrar responded, “that’s correct.”

Also, on page 27, a similar question was put to Mr. Westberg: “So, CSU, after going through every diploma, was unable to find an authentic copy of any diploma that CSU issued to Tinubu in 1979. Is that correct?”

The CSU Registrar, in his response, said: “We did not find any diploma issued by CSU in 1979 to Mr. Tinubu.”

And coming straight to the specific issue of whether the CSU is aware of or in possession of the diploma that Tinubu submitted to INEC, to which Mr. Westberg simply said, “Correct, we are not aware of it.”

Indeed, anyone who has taken time to do a thorough reading of the deposition will come to the unambiguous conclusion that the footprints of Tinubu’s odyssey as far as the CSU documents are concerned is filled with profound forgeries and abuse of administrative due process.

President Tinubu’s supporters and spin doctors will want to force the narrative of, at least, “Tinubu graduated from the CSU down our throat, even when the narrative has no foothold in logic.

The question remains: How does a candidate graduate from a university that you were never qualified for?

According to information in the open, President Tinubu applied to the CSU with a pre-qualifying 1970 certificate from Government College Lagos, whereas the school did not come into existence until 1974. Maybe this should make Tinubu the first man ever to have an anticipatory certification from the school four clear years before the founding of the school.

Another mystery is that in addition to the non-existing Government College Lagos certificate, Tinubu presented a certificate from another school in the United States that belongs to a female candidate and a Cambridge HSC of 1970 – the same year he purportedly graduated from a secondary school in Nigeria.

Long before the CSU discovery of last week, Tinubu has had a history of forgery and perjury. In his form CF001 he filed ahead of his governorship election in 1999, Tinubu had claimed albeit fraudulently that he attended St John’s Primary School Aroloya, Government College Ibadan and Chicago University as different from Chicago State University. The late lawyer and human rights icon Gani Fawehinmi would have succeeded in bursting him but for the immunity he enjoyed as Governor of Lagos State.

President Tinubu must be a man of mystery. No wonder his supporters call him Idan (a distorter).

It is our contention that at the heart of the forgery scandal against President Tinubu is the question of integrity and morality.

If the President would not do what is honourable by resigning from office and saving the country an imminent embarrassment, at least his supporters should desist from telling shameful lies to confuse the public

Lastly, while supporters of the President are quick to reference his transcript from the Chicago State University as evidence of his studentship in the school, we are alarmed how his NYSC certificate bears Bola Adekunle Tinubu, even when the CSU said under oath that the middle name of “A” was never interpreted in any document in his file.

Every Nigerian who has undergone the NYSC programme understands that the names on the NYSC are never a creation of the candidate, but the official name that the student was officially known as, from their tertiary institution. Tinubu was allegedly never known as Adekunle at CSU. Thus, the only way to understand how Adekunle was smuggled on his NYSC discharge certificate can only be explained as a forgery.

Yet, his media aides will come to the open to make a shameful alternative fact.

It is even more shameful that just when this whole scandal continues to unfold, media handlers of President Tinubu have, from nowhere, smuggled a middle name of Adekunle into his Wikipedia account. The word Adekunle in Yoruba is a house filled with royalty. But in this instance, we daresay it is a house filled with forgeries.

It is, therefore, becoming very obvious that there is no end point to how President Tinubu and his spin doctors will continue to use one forgery to cover the other.

Yujin:
He was voted in by Yorubas and they supported him for the full 8years. They have no moral ground to condemn him today. It is not possible.
Don't even attempt it.

Not all Yorubas supported him, thiefnubuu and his gang of criminals don't represent all Yoruba people.

To make matters worse, thiefnubuu has vowed to continue in buharig's footsteps of failure.

*NIGERIA FINANCIAL MESS*
*The Tragedy Of Buhari Years*


*We have sold forward crude contracts so our crude is encumbered as some of the crude we haven't produced doesn't belong to us.*

*We have sold forward FX contracts so some of our future FX earnings are encumbered. Essentially, some of the FX we are yet to earn does not belong to us.*

*Under the infrastructure tax credit scheme, some of our major company income tax payers were awarded roads to either rehabilitate or construct and are entitled to utilize the total investment cost incurred in the construction or refurbishment of the eligible road as a Tax Credit against their future CIT liability, until full cost recovery is achieved. In essence, some of the future Company Income Tax is encumbered*.

*From inherited crude oil production volumes of 2.05 million bpd in May 2015 (and a production capacity of 2.13 million bpd) which was close to our OPEC Quota, by May 2016 production crashed to 1.4 million bpd, a 30 year low at the time but we had no idea that worse was to come. By the time the Buhari administration was exiting, crude oil production volumes had crashed to 998,602 barrels per day in April 2023 (against our OPEC Quota of 1.8 Million barrels per day), insufficient to cover our crude oil swap obligations and our Carry Arrangement with the IOCs, much less generating revenue crude. NNPC infamously was unable to remit a dime to FAAC since January 2022.*

*Do you now see why we cannot provide Dangote refineries with feedstock given that even our crude / PMS Swaps are locked in future contracts.*

*We have borrowed so much such that our cost of debt service (interest and not principal) currently exceeds our revenue so all our future earnings are encumbered to service debt only*.

*At N87 Trillion debt stock, Buhari borrowed Nigeria back into colonization and spent our future earnings in top!*

*In 8 years, in an environment of depleted foreign reserves, we created so much Naira supply, that we more than doubled total naira supply from N21 Trillion as at May 2015 to over N55 Trillion as at May 2023.*

*So, this N1,000/US$1 exchange rate is morning yet on judgement day.*

*I am not sure we have fully dimensioned the havoc the Buhari led APC government wrecked on our economy.*

*The chickens have come home to roost !!!*

emerged01:
I was wondering too o. no be all the records floods the net?

So why is the notorious criminal desperately begging the court not to instruct CSU to release his academic records?

Enice:
Mumu! This is one of them. They carry rumours about without confirmation. Oga show us where CSU said tinubu's certificate is fake. See them! Hate filled idiots. What the university said was that they cannot confirm or deny the certificate as it is not part of a student's record. It is ceremonial (ceremonial means it is issued for celebration purpose like during graduation). So, how does that mean fake? It's like requesting for a reissue of your certificate when you lost the original one. Will the reissued certificate be the same with the original one when years has passed and so many innovations have come to play like computers, new fonts, new designs, new staffs, new VC, etc. And if the school does not keep a record of the original, how do you know which is fake? IPOB goat

If you were not such a slowpoke, you would have known that CSU's refusal to confirm Tinubu's certificate clearly means that they didn't issue it and if the vile criminal doesn't have anything to hide, why is he begging the court not to release his fraudulent academic records from CSU? If you are daft and bigoted enough to believe Tinubu's lies, not everyone is as braindead as you are.

Enice:
I no dey understand people for nairaland again o! Why are most of you so dense! CSU has said that certificates are ceremonial documents, therefore they are not part of a student's record. So how is the certificate Tinubu presented fake?

If you are not so daft, you will know that Tinubu submitted a certificate to INEC which CSU refused to authenticate as originating from them. Further investigation revealed that the certificate was produced an a website used to produce fake certificates based on the template of the certificate. The question remains where did Tinubu get the fake certificate he submitted to INEC because going by your contradictory statement, CSU said that they don't issue certificates.

delpee:
I think it's time to leave this time wasting matter. Since CSU said he attended their institution and the transcript has been provided, there's no point debating the issue. All he requires is School Cert. His GCE is the equivalent of that.

Somehow, I think he's objection is based on his personal rights or just to drag the matter whose end we can predict. Lawyers must eat sha.

The real issue is that the rogue is using a stolen identity and that will be proven once CSU releases all his academic records with them.

Enice:
Oga,keep fooling yourself and writing rubbish.
The school has said he graduated from CSU. That's all that matters. Any other thing is secondary. The constitution talks about qualification, it does not talk about result. The school has said that certificates are ceremonial
Meaning they are not part of their records. So keep wasting your time.

So why did the notorious criminal submit a forged certificate to INEC? Are you aware that submitting a fake certificate is enough reason to disqualify him based on the electoral Act and the constitution?

Bizibi:
You guys should not waste your Time,tinubu will be in aso Villa for 8 years. Forget the u.s government and any other Western nation......

God forbid BAT thing.

Ikaeniyan0:
There's nothing new about tinubu CSU will share with the public.

So why is the criminal trying to stop CSU from releasing his records?

If Biden can’t protect his own son and Trump can’t protect himself from prosecution, what make you Nigerians think Tinubu will be protected by US.

US is not Nigeria! Here in US every citizen pray not to be entangled with the law, that includes Presidents.

Now, Tinubu lawyers have bought him time for him Tinubu to escape US without incident, so they have achieved their goal.

If Tinubu results and transcript are released today, and things fishy were found, Tinubu as the president of Nigeria will be evacuated shamelessly and escorted by the law enforcement officers out of US, which will alert US and international media.

All media will carry the incident. He will not be arrested but evacuated which will be an international embarrassment to Nigeria and even US, since it happened in US soil.

So, I indulge everyone to stop casting stones. Justice will be served.

Already the fake Tinubu has already implicated himself by saying that severe irreparable damage will be done to his life if the transcript was to be released today.

By that statement alone, he has admitted in court that he committed an offense, forgery and possibly an identity fraud.

Tell me, what can possibly cause severe irreparable damage to a man’s life by releasing an ordinary transcript?
Transcript others freely make available to the public or employers.

In the other hand, His Excellency Atiku Abubakar won today, freedom and democracy won today

As today will be remembered as the day a sitting president told the world that his releasing his transcripts will cause a severe irreparable damage to his life. Imagine that!

Many years to come, he Atiku Abubakar will be remembered as one man that stood against tyranny to stop third term of a sitting president in Nigeria.

One man who lost everything to fighting to protect democracy, against all odds he stood alone fighting injustice.

Love him or hate him, he is a true democrat and defender of democracy.

Today, he fights for all while others watched

He has withstood every battle thrown to him, still smiling.

Generations to come, his name will be remembered no matter how adversaries will try to erase his accomplishments!

They will make songs with his name, children will dance to songs.

Three thousand years from today the name Atiku Abubakar will continue to echo in the chambers of Democratic halls in Nigeria and the world.

I am proud to associate my name with his.

He is the true Lion of Jada, Nigerians will never forget.

He is a true champion of democracy!

Until this case is over, history will continue to be made!

What a beautiful time to be alive!

I am High Chief Franklin Ekechukwu

Tinubu's agberos have now grown wings in Abuja.

Awesome, Nigerians are really trying even though we operate in a very different environment and there is little or no government support.

Ex-President, Buhari Was Aware Of How Cabal Members Fraudulently Enriched Themselves’ – Umar Alleges. Published 2 hours ago on 10th September 2023. By Enioluwa Adeniyi




A former military governor of Old Kaduna State, Abubakar Dangiwa Umar has described the administration of ex-President, Muhammadu Buhari as the most corrupt government in Nigeria.


Umar made this claim in an interview with Sunday Sun.

According to Umar, Buhari while in government ruled over the most corrupt administration in the history of this country.


The former military governor stated that the current Central Bank of Nigeria (CBN) probe shows the level of fraud perpetrated under Buhari.

He further stated that the President’s cabal fraudulently enriched itself through forex round-tripping and Anchor Borrowers fraud during his leadership.


According to Umar, the president was aware of how some President Cabal made themselves rich fraudulently.

Speaking on the issue of corruption during Buhari’s administration, Umar said, “Well, it was former British Prime Minister, Sir Winston Churchill who jokingly said: “History will be kind to me because I intend to write it.” When he wrote that history, he did not engage in self-adulation and spurious claims. Many actually believe that Churchill was unkind to himself.

“President Buhari had the opportunity to declare his assets publicly before and after his Presidency as he promised to do while campaigning for the office. He failed to do so. His assets declaration to the Katsina farmers is meaningless and doesn’t meet the legal requirements and expectations of the general public. It also does not matter if he left the Presidency poorer.

“Truth is that he presided over the most corrupt administration in the history of this country. His appointment as AU chairman of anti-corruption, if true, and whatever it means, appears misplaced and amounts to dressing him in borrowed robes.

“The former president must begin to understand that the measure of a leader’s piety and integrity is in deeds and conduct and not in his claims and rhetoric.

“It is these kinds of claims in the past which led to the mistaken apotheosis of General Buhari and the building of the myth of his unequalled competence and other leadership traits which unfortunately have not come to the fore.

“As is the norm here, he is not expected to be called to account, but he has to prepare to account to God Almighty. He will be called to render an account to Him on how he governed.

“God already knows what he, his immediate and extended family are worth, both before and after his Presidency. There is the day of judgment and all of us will be present. In the assessment of President Buhari’s fight against corruption, I call on the respected Bishop Matthew Hassan Kukah and Chief Femi Falana as witnesses. Bishop Kukah opined that “Buhari’s government amplified corruption morally and financially,” while Chief Femi Falana said “Corruption waxed stronger under Buhari.

“These views are shared by most Nigerians. The moral corruption Bishop Kukah must be referring to is President Buhari’s elevation of personal interest over national interest. Consider, for example, the siting of over 20 major Federal Government projects in the President’s hometown, Daura. Senior members, including ministers and military Service Chiefs, engaged in very embarrassing and unethical acts to appease and ingratiate themselves with the president by gifting him projects from their ministries, departments, agencies and services.

“These were accepted with gratitude. Someone correctly observed that Daura is sinking under the weight of democratic dividends. It was at the height of ethical and moral corruption that the president accepted a gift of an Air Force Reference Hospital from his Chief of Air Staff when Daura did not even have a landing strip.

“The rail line from Kano to Maradi was only approved because it passes through Daura and not for any socio-economic value. It ranks lowest in the nation’s infrastructural priorities. Less so that it is being financed with a $1.9 billion Chinese loan.

“This project must be discontinued. Work so far done should remain a monument of corruption. The two federal roads leading to Daura from Kano and Katsina are being dualised, while all roads leading to the Federal Capital Territory, Abuja, are yet to be completed.

“The Lagos-Ibadan expressway connecting the North with the two South Western ports is still under construction. Construction of the East-West Coastal highway has been abandoned.

“The second Niger Bridge remains uncompleted even though it was commissioned by the Buhari administration. General Buhari’s decision to relocate to Daura from Kaduna must be on account of Daura being more urbanised and secure than Kaduna.

“Not a few Nigerians were shocked when an Army University was cited in Biu, the local government headquarters of General Buhari’s Chief of Army Staff. The officer was simply emulating or to use military parlance, taking dressing from his C-in-C. The question is, why does the Nigerian Army need a university when the Nigerian Defence Academy is a degree-awarding institution and its rank and file are being accommodated in civil institutions? Buhari’s high level of nepotism ensured that appointments, particularly in the sensitive area of security, were skewed in favour of his section of the country, leading to unprecedented polarization, discontent and separatist agitations.”

Speaking on the level of corruption perpetrated under the Buhari administration, the ex-military Governor said, “The ongoing Central Bank of Nigeria (CBN) probe will lay bare the monumental financial fraud that happened under Buhari’s watch.

“It will reveal how the President’s cabal fraudulently enriched itself through forex round-tripping and Anchor Borrowers fraud. The claim that the president was unaware is false.

“He was made aware by the DSS and advised to cause the arrest and investigation of the CBN governor. He was prevailed upon by beneficiaries not to take any action which would expose them. One will not be wrong in saying that Nigeria has become a truly fantastically corrupt nation in the last eight years.”

Sirchiboy:
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Plus the bonnet and back bumper

That will add up to 50k.

Sirchiboy:
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How much will it cost to paint back and front bumper with fender.
Corrolla 2011 sports

It will cost 30k to get it done.

I can't believe that Nigerians are still falling for this tithing scam after all the exposure on the subject matter.

MackIV:
MrPristine please reply to this ASAP, also your office location

Thanks

It will cost 100k to get it done and take 5 days. Our work shop is located in Ojota Lagos.

GeneralDae:
Do you really need WAEC to enter all colleges in U.S.A especially colleges used for University entry?
I am telling you Tinubu has never claimed himself that he has a WAEC result. In 1992 when he contested for Senate he submitted only Richard Dalley College and then Chicago state university certificate.

I never said anything about his results being from WAEC. If you actually went to school yourself then you will know that there are academic qualifications needed before you can attend an higher institution. The question remains, which educational certificates did Tinubu have before he was given admission to Richard Dailey College? Stop grasping at straws and address the specific issues raised.

There is something fundamentally wrong with the religion.

GeneralDae:
Did he submit a certificate in 1999? A school was mentioned but was a certificate presented?
When he applied as a Senator in June 1992, he presented only Richard Dalley Certificate and Chicago state university certificate. No secondary school certificate was submitted even in 1992 when he was less popular before all the brouhaha.
Tinubu has made it clear long time ago that he started secondary school but didn't finish before he was sent to U.S.A.

Which secondary school did he attend and which academic records did he use to gain admission to Richard Dailey College? Also, his spokesman for the election (Festus Keyamo) claimed that he was so 'brilliant' that he didn't need to attend school, how do you reconcile this statement with your own submission?