Nations borrow money for a variety of reasons, including funding budget deficits, financing large infrastructure projects, and stabilizing their economies. Borrowing allows governments to spend beyond their current tax revenues, supporting public services, investments, and economic growth.
Tolu2024: The cost of fighting Russia in a proxy war they senior brothers are now begging 🙏 citizens to control to their debt 💸.
I know it just a scam because they can easily print more money and nothing will happen.
Just like they did during Covid.
The US cannot print money without potential negative consequences. While the US dollar's status as the global reserve currency provides some insulation, excessive money printing can still lead to inflation, decreased purchasing power, and a loss of confidence in the currency.
Oleys: On the last day of his tenure as the council chairman of Bariga Local Council Development Area (LCDA) in Lagos State, Hon. Kolade Alabi David chose that day to behave like a “house boy” of his political idol, President Tinubu and exhibited his sycophancy.
He joins the ranks of Nyesom Wike, the FCT minister, to flagrantly rename public institutions after Tinubu. Shebi, you know that the International Conference Center in Abuja was renamed Bola Ahmed Tinubu International Conference Centre after he completed the rehabilitation of the building.
Alabi David renamed these streets from:
Ilaje Road → King Sunny Ade Road Bariga Road → Bola Ahmed Tinubu Way Community Road, Akoka → Babajide Olusola Sanwo-Olu Road Ajidagan Street → Olamide Adedeji (Baddo) Street Ifeanyi Street → Abolore Akande (9ice) Street Ayodele Street, Ladi-Lak → Tony Tetuila Street Ilojo Crescent, Obanikoro → Bukayo Saka Street.
The next time you drive along Bariga Street, don’t be surprised to see Bola Ahmed Tinubu Way. Alabi David was smart by half by concealing his real intentions in adding these other streets, but his main target is the renaming of Charly Boy, a popular bust stop along the Gbagada-Oworonshoki expressway. It is now to be called the Badoo bus stop. Badoo is the nickname of the popular Nigerian rapper, Olamide Adedeji. Curiously, both Charly Boy (real name Charles Oputa) and Olamide are two prominent entertainers that have contributed positively to the Nigerian music industry. Charly Boy, in addition to being an entertainer, is also an activist that has fought against many injustices in the country.
Charly Boy, an avid supporter of Okada riders in Nigeria—an organization that has been frowned on by the government, as they have been regarded as a menace and unsafe transportation—fought for the rights of Okada users, most of whom are poor individuals who earn their living by using the Okada for commercial purposes. This is where he earned his nickname “Area Fada.”
This contentious bus stop used to be called Pedro bus stop, but because Charly Boy was living in a rented house that was close to the bus stop, that is how the name stuck. He took his activism to the electronic media with his Charly Boy show. Charly Boy was popular on Nigerian television in the 90s, and it became a household name. Charly Boy is also an ardent supporter of Peter Obi, the presidential candidate of the Labour Party in the 2023 general elections. Obidients, the name given to Peter Obi’s political movement, has been a thorn in the flesh to the ruling party, APC. Obi won Lagos State, the home base of President Bola Ahmed Tinubu, in the presidential election, which sent a shock wave to the ruling party. Since 2023, the APC politicians have seen Peter Obi and his supporters, the Obidients, as their political enemy. This has created a division between Igbo and the Yoruba, the two dominant ethnic groups from the southern part of Nigeria.
The renaming of this popular bus stop in Lagos is the continuation of deepening political rifts, most especially between Yoruba and Igbo living in Lagos State. This situation is deteriorating, and if it is not checked, the animosity these wicked politicians are trying to create will continue and be passed to the next generation. Already, the politicians have already divided the current generation along ethnic and religious lines. My fear is that the next generation will not be infected with this deadly virus. I am optimistic about the next generation because the ENDSARS protest of 2020 was a revolutionary protest, devoid of ethnicity and religious alignment, that took the nation by storm. Also in the entertainment industry, Nigerian youths have collaborated with each other seamlessly. Olamide has collaborated with Phyno, another artist of Igbo extraction. Davido and many Igbo artists, such as Odumodublvck, and other entrepreneurs, like Chief Priest Cubana, have not been infected by ethnic rivalry.
Olamide has always been a humble and respectful young man who gives credit to legends before him. I believe he will not pander to the whims and caprices of these mischievous politicians. I like the way Charly Boy reacted to this political gaffe. He said, and I quote, “So, to all the small minds and timid hearts, you may change the name, but you will never kill the legacy.”
This is a legacy in the minds of many residents in Lagos State, so don’t be surprised the next time you pass through this bus stop; Lagosians will still call it Charly Boy Stop. Is this renaming not idiotic?
AMINDA: Why are you and Tinubu obsessed with attracting Governors while alienating the people? Below are the list of APC governors and politicians that couldn’t deliver Tinubu in 2023. I just hope you all will wake and smell the coffee before its too late.
- Bola Tinubu failed to deliver Lagos for himself
- Bola Tinubu failed to deliver Osun for himself
- Muhammadu Buhari failed to deliver Katsina for Tinubu/APC
- Barr Simon Bako Lalong failed to deliver Plateau for Tinubu/APC
- SP Akpabio failed to deliver Akwa Ibom for Tinubu/APC
- DSP Barau failed to deliver Kano for Tinubu/APC
- NSA Ribadu failed to deliver Adamawa for Tinubu/APC
- Sen. Adams Oshimole failed to deliver Edo for Bola Tinubu/APC
- Speaker Abbas failed to deliver Kaduna for Tinubu/APC
- Sen Kalu failed to deliver Abia for Tinubu/APC
- Hope Uzodinma failed to deliver Imo for Tinubu/APC.
- Sen. Adams Oshimole failed to deliver Edo for Bola Tinubu/APC
- Ganduje failed to deliver Kano for Tinubu/APC
- Gov. Mai Mala failed to deliver Yobe for Tinubu/APC
- Alkali failed to deliver Gombe for Tinubu/APC
- Sen. Wammako failed to deliver Sokoto for Tinubu/APC
- Oyetola failed to deliver Osun for Tinubu/APC
- Dave Umahi failed to deliver Ebonyi for Tinubu/APC
lol I think you said Tinubu rigged using INEC. Why did he lose those states?
Good but you are 54 years old,ma. That is a little over the stage of grandma. You should be brushing your teeth every night to avoid BP so is you,reading this.
Afrojuju2017: Remind me again the name of the gentleman instrumental in the development of the world wide web aka internet
He is from the SE
Another delusion. You people eat and breath lie.
The World Wide Web, a key part of what we know as the internet, was invented by Tim Berners-Lee, a British scientist, while working at CERN. He proposed the idea in 1989 and developed the core technologies like HTML, HTTP, and URLs. While the internet itself has a longer history, with contributions from many, Berners-Lee's work on the World Wide Web made it accessible to the public.
ngwaIgbo223: It's not about individual but collective wealth. We've seen an example in Nigeria who hold the key.
Either individually or collective,there is no tribe as rich as Yoruba in Africa. It is not about noise but real and clean wealth. Yorubas are the only people that throw parties spending millions and even billions almost like everyday. No tribe can do that in Nigeria and don't go into extinction.
Putinofrussia: ADC or whatever noise pass their population sef. You can take it to the bank. Even with Obi,Atiku and whoever joins,thhey will all collect wotowoto in 2027. Sane Nigerians will never vote for backwardness. Tinubu will still win with a landslide.
They will surely collect their wotowoto. Hot and strong wotowoto
Celestialsword: The there levels of government in Nigeria are neck deep in debt, despite proceeds from fuel subsidy removal and multiple taxes imposed on the masses.
The various states receive monthly federal allocations plus their internally generated revenue and derivation funds given to the oil producing states.
Nigerians should stop being critical only to the federal government, they should look inward,the states and local government are part of the problems in the country
South Africa that has small population has 7 times the debt of Nigeria. Stop debt this,debt of that.All nations borrow money. It is what they use it for that is the koko. Tinubu is even doing more than the debt he is taking. He has even paid more debt than what he borrowed.
solutionsnow: This is an example of "what would Peter Obi have done differently?"
No godfather No remittances No stealing Free qualitative education Quality health care Safe society (zero insecurity) Low cost of governance Zero propaganda Massive infrastructural development Zero PR Minimum wage payment Zero loan
From the governor who has performed better than the president
Commissioning 2km,2km roads
Additionally, two major road reconstruction projects will be inaugurated: the 8.3km Isi Eketa-Obikabia Road (linking Isiala Ngwa South to Isiala Ngwa North) and the 1.5km IBB Road (Duzie Way to Ahiaeke), both overseen by the Ministry of Works.
After Lagos,there is no other place as developed as Ibadan. Even Ogbomoso is more developed than Onitsha that Igbos always put on their heads like gala.
Foreign Affairs › Re: U.K. Borrows Billions More Than Expected As Debt Costs Surge by Ritchiee: 4:36pm On Jul 27, 2025
