₦airaland Forum

brain54:
You gave them money to keep for you abi...?

Oya go and collect it.

Young man hold your leaders accountable. Let them develop your country with the abundant resources available in the country.

Stop chasing and running after shadows!

THE WORLD'S DEBT TO AFRICA

AI CALCULATION. $5,000 TRILLION

Enslaved labor and slave-trade profits (1500–1867):
The centuries of transatlantic enslavement generated colossal wealth for Europe and the Americas, from the sale of enslaved Africans to the profits of plantations, shipping, and finance. Adjusted forward with compounding to today’s values, this amounts to roughly $1,400 trillion.

Colonial drain of capital and taxes (circa 1880–1960):
During the colonial period, wealth, taxes, and raw value were extracted from African colonies and redirected to European metropoles. Economists like Utsa Patnaik have shown this “drain of wealth” to be vast. A fair inflation-adjusted calculation gives about $1,200 trillion.

Underpriced resource extraction (1900–2024):
Africa’s oil, gold, diamonds, cobalt, uranium, timber, and other resources have been sold cheaply on global markets while corporations and foreign governments reaped excess profits. The undervaluation gap plus compounding works out to around $900 trillion.

Illicit financial flows and capital flight (1970–2024):
Corporate tax evasion, profit shifting, and stolen wealth siphoned out by elites, compounded over decades, drains Africa of immense capital. This adds up to approximately $450 trillion.

Environmental damage and carbon-space appropriation:
Industrial nations grew rich by overusing Africa’s land and water while consuming the planet’s carbon budget. The costs of climate damage, desertification, and Africa’s lost development opportunities equal around $500 trillion.

Post-independence terms-of-trade losses:
Since independence, Africa’s raw materials have been locked into unfavorable price systems compared to manufactured imports, keeping the continent in deficit. Estimated cumulative loss: $120 trillion.

Debt overcharges and odious debt interest:
Africa has paid back far more than it borrowed, often on unjust or colonial-era debts. Excessive interest and debt servicing amount to about $100 trillion.

Land dispossession and settler expropriation:
Vast tracts of African land were seized by colonial settlers and companies, with communities permanently displaced. The economic value of land lost and its ongoing yield is about $120 trillion.

Cultural heritage expropriation (artifacts and museums):
Millions of African artifacts sit in Western museums, generating tourism and prestige. The opportunity cost of this loss of cultural capital is estimated at $60 trillion.

Biopiracy and knowledge appropriation:
African plants, seeds, and indigenous medical knowledge have been patented and commercialized elsewhere without compensation. Valued at $50 trillion.

Brain drain net losses:
African states fund education, yet skilled graduates often migrate, enriching host nations while leaving Africa short. The net loss of this subsidized human capital stands at about $50 trillion.

Opportunity cost of delayed industrialization:
Colonial suppression of African industries delayed modernization and technological development by centuries. The cost of lost economic potential can conservatively be placed at $50 trillion.

Grand Total: about $5,000 trillion owed to Africa.

- AI ChatGPT

Kemetian:
The point is that even the so called “leaders” don’t know who they are.

Do they know their African history beyond a few details about the Oyo empire, Mali Empire etc?

Do they KNOW their ancestors invented mathematics, writing, architecture, law, iron smelting, astronomy, the sciences and the arts?

Do they know that Yoruba Mathematics is the root of modern computing?

Do they know their ancestors established the first empires in China, India, Japan, and Europe?

They don’t know any of that. They are like the average Nigerian conditioned by the British to believe they achieved nothing in the past, and can only succeed with external assistance.

So the leaders themselves need to watch videos like this, and know the scale of our capacity as a people, and therefore their responsibility to Africans, and the world.

Very well said. Thanks for your wisdom.

Kemetian:
So Africans should not study or learn about the history of their continent and race because “I get am before no be property”.

But other continents promote and study their history relentlessly without thinking “I get am before no be property”.

Which is why you know all about Julius Caesar, Shakespeare, King James, “Jesus”, “Mary”, “Muhammed”, Mungo Park, Genghis Khan, Mahatma Gandhi, Queen Victoria, etc etc.

So how come you know all the above while hating your own history?

China still promotes and maintains her Great Wall, attracting millions of tourists a year.

Your own Great Wall of Benin that’s 4 times longer, is neglected and covered in bush, because we are led by people like YOU who reason “I get am before no be property!”

No mind these youths. This is above their level.. This Goodlyhrt you’re responding to still lives with his parents, and he usually posts in Romance section.

He’s a kid. Leave him.

Kindledlight:
Exactly, but it amazes me that some Nigerians still support him after all these racist attitudes and shenanigans. Many Nigerians are hypocrites I swear.

When they themselves believe that whites are superior to them, why will they be upset by his racism?

Forget Nigerians, please.

They are hopeless.

If you are looking for Black Pride, and African Dignity, countries like Burkina Faso, Rwanda, Tanzania, Uganda, Ethiopia, Senegal, Kenya etc, are where you want to go, NOT Nigeria.

esnbrutality:
Coming from a Tinubu supporter...

So Tinubu is your excuse for supporting a racist white criminal convict president in America who can’t stand the sight of you and those who look like you?

Look for another excuse.

Your subservience to Trump has nothing to do with Tinubu.

guass:
Stop deceiving Nigerians. The situation is worst than before.
You had the opportunity to escape from Nigeria. Now you are jubilating that the country is turning upside down.
There is Karma if you don't know

How do you know it's worse than before?

You've never even smelt that road.

Wow......Had no idea Asaba was like this.

Honestly, this country is doing well in terms of development.

When I was a kid, this same Asaba had only one tarred road. The one that you pass on the way from Lagos to Onitsha.

Asaba was just a biggish kind of village. Now look at it. Virtually competing with Abuja.


https://www.youtube.com/watch?v=60a3pGOmeJA

ibechris:
I live here in the north central of Nigeria.

When Tinubu came in as the president of this country,beans was sold for 18k per bag...rice was 27k specifically Big bull rice. A cow we used to share in my office then was 260k and 300k l.

Today,we now buy same rice 68k to 70k...beans is 55k...cow is going for 800k to 900k.

A bag of milk I used to buy for 21k under Jonathan and 85k under Buhari and now under Tinubu, it's now 175k. If I am lying,anyone can check out the prices themselves.

There is nothing coming down...we can't be deceived until those items go back to their original prices he met them.

For that to happen, we would need to return to Fuel Subsidies, and overvalued Naira.

Is that what you are calling for?

Predictor3:

The Ethiopians are Africans. They've known about Christ since the 4th century. That's almost 2000 years.

Is Ethiopia Nigeria?

Of what use is that to us?

Ethiopians were bamboozled by Romans into becoming christians.

They lied to the Ethiopians just as they lied to you.

By the way, Why did your English invaders not observe the “commandments” of their bible, ie Thou shall not kill, steal etc etc?

The same book they gave you to read claiming it was the “word of God”.

Why weren’t they themselves following the book’s commandments?

Yet they gave you the book and told you it was the “word of God”. And you accepted?

So your “God” gave his “word” to criminals who disregarded it and simply used it to loot and steal from and kill Africans, ba?

Sorry, that oyinbo Jibiti doesn’t work with me.

otipoju:
The creator of the Universe belongs to no one and belongs to everyone.

Who told you your bible has anything to do with the “Creator of the Universe”?

Do you even know that the so-called New Testament of your imported “holy book” was written by Anonymous sources?

“Matthew, Mark, Luke and John” are all fake names belonging to nobody.

Are you aware of that?

Are you aware that what I just told you is not disputed by the Church or Vatican?

From time immemorial, humans have justified taking over of the resources of others in the name of God.

That’s a bare-faced lie.

EUROPEANS and ARABS are the ONLY GROUP who have used RELIGION, ie Christianity and Islam as a weapon to steal, loot, plunder, and slaughter.

No other religious tradition has done that.

African traditional religion does not order its followers to go and slaughter whole nations and seize their land.

It’s your imported “holy” book that contains such atrocities.

SmartPolician:
Honestly, I must give some credit to the west (white people) for making blacks their citizens and allowing them hold key government position.

This is something we don't even allow among ourselves here in Nigeria and I know for certain that Asians will never allow. Asian are as wicked as blacks.

See this one.

Britain came here and slaughtered your ancestors, seized and looted your land for a century, to the tune of $50 TRILLION according to AI ChatGPT.

And in your head they are angels while your own people are demons.

The British did a proper job on your head.

brain54:
Peter rufia has a football academy...

I don't know if taribo was being overly dramatic or entitled. But these people have no business depending on aid to organize their funeral after demise because they should have lived at least a decent and comfortable life with what they were exposed to. They are people without half the opportunities these guys had that are doing well... even if not rich but comfortable.

Imagine if I have just 10% of the fame, popularity, exposure (not even talking of the amounts he received during his career for now o) someone like rufia has/had then still solicit funds for my funeral.

I agree not only should I be jailed, but I should be sho. T dead again after dying.

Like I said maybe na taribo just dey over play the matter for his own reasons.

Everything falls back to planning and going easy on the extravagant lifestyle. (Rufia has never struck me as extravagant though) saving something decent especially when you know and understand the kind of country and football FA you have.

Why can you depend on them?

How do we know it wasn’t the family lying that they needed money? Rufai was sick, abi? So who was in charge of his money?

opera1:
Setting irrelevant records.........
Nigerian and nonese..........

Have you ever seen the Guinness book of records?

If you think this is ‘irrelevant’, you ain’t seen nothing yet.

Who will eat the rice when she finishes?

Maybe she and the judges will share the rice.

I will tell my wife to prepare the world’s biggest pot of Ogbolo soup make she sef enter Guinness book of records. 🥸

okpouman:
My point is the current white people,Europeans etc are descedants of their black ancestors who founded the things and inventions located in their region ,and descendants of the so called ancient black kings of Taiwan,China,Japan etc.

They were not the ancestors of today's African Blacks.

That's the point you guys keep missing.

With this Blacks were everywhere thing.

Those blacks were not today's African blacks ancestors

What are you talking about, this man?

If you don’t understand simple historical migration, use ChatGPT AI.

Stop inventing weird theories in your head.

Africans in other locations and regions are still AFRICANS.

DNA connects them with Africa.

There’s nothing like whites birthing blacks or vice versa.

If you see blacks in ancient societies, they are AFRICAN descendants. QED.

okpouman:
This is not about competition or attacks, it's a solution that is being overlooked.

There are secrets still with us in our immediate environment that can be revived if studied ,but we have neglected them for long periods in the pursuit of European materialism( slavery era) and European concepts and traditions ( religion).

Take IFA for example,why is there no comprehensive study of IFA to see the secret it holds which can create new knowledge and inventions from Africans instead of relying solely on European sciences. etc

How do you expect to know what IFA is without caring about the History that LED to Ifa?

You can’t understand or promote IFA if you don’t connect it to Nile Valley civilisation.

People like you need to understand that Africa was not spiritually fragmented prior to European invasion. IFA was part of a Continental spiritual system with roots in East Africa, North East Africa and the Nile Valley.

To understand it fully and appreciate it’s full scope, you must tie it to that Continental spiritual system, and see it as part of a holistic African spirituality.

okpouman:
Unless you saying whites are another specie or different form of humans to blacks ,how can you say white just emerged.whatabout Arabs and East Asians .it means they are not human or blacks are not humans.

If you say they mixed with neartherdals to emerge white,it therefore means they still are offspring of their ancestors, while African blacks are not the same people that were in the so called ancient black Europe or Asia.

What is this one talking about?

Whites are an albinoid race or something that emerged after an outbreak of albinism among African settlers in ancient Europe.

There is nothing mysterious about their emergence.

okpouman:
That's exactly the problem.

The symptoms of the character flaw.

Your concentration is on grand things faraway which you cannot properly tell how and when they were built.

You say blacks were the first and only humans,therefore,the ancestors of the today's whites and asians were still the creators of the great European and asian modern civilisations.It's still the same people,they weren't Africans,somehow the their black ancestors turned white,so it's still the same people probably that invented those things you yap about.

You dismiss as little village masquerades and neglect immediate and real time indications of African know how,while looking towards elusive ancient structures when real time local practices which you can learn from are dismissed.

This is a character flaw that stunts African growth.

MORE VIDEOS on our fabulous African history.

Cry More!

“Doukki Gel - Hidden City of Black Pharoahs Found!”


https://www.youtube.com/watch?v=v4kOmsRogNI?si=hPll86KzZTtCQcYz

Stunned English Scientists Discover DNA Evidence of Southern Nigerians living and prospering in England over 1,400 years ago!

Our ancestors were indeed global.

They were explorers, settlers and rulers in other parts of the world.

We contributed immensely to world civilisation.

See the incredible report fresh from the UK:


https://www.independent.co.uk/news/science/archaeology/medieval-england-african-ancestry-skeletons-b2806968.html#

DeLaRue:
When I read Mr Obi's statement, it was the first time it crossed my mind that Nigeria may struggle to reach the heights of development for a long time.

The day before, I had watched a Nairametrics you tube program hosted by the owner where he compared the level of capital inflow and FDI to previous years and went back up to about 10 or 15 years, and this years capital inflow is the highest for several years.

The way Mr Obi manipulated his own reading of the data to send a twisted message to his followers left me in such shock that I couldn't even monster the energy to comment on the thread.

Any country will struggle to go anywhere with Mr Obi's type of destructive, self-centred, and evil deception.

He doesn't care if he destroys the country. It's all about him, him, and him.

The funny thing is that he doesn't even radiate the knowledge or capacity to lead the country.

Fantastically put.

That guy doesn’t know anything.

I actually suspect strongly that his ambition is to come in as president and create conditions that lead to the dismemberment of the country.

Is he an Ipob plant?

lightwind:
How will i kidnap people that are coming to my country for a purpose. I will protect them.

Infact i want millions of them in Nigeria, Nigeria have enough land to contain them...

It will NEVER happen.

So pack your bags and move to their country.

The problem with you Nigerians is that you don’t study your History.

You don’t connect past to present.

This makes you so vulnerable to manipulation by foreigners who DO study you, your history, and their history of interaction with your ancestors.

planetx:
Why would millions of Dutch leave their country to come and live in Nigeria? Like what incentive can you offer them.

“Come white man! I give you my land, resources, to turn my country to heaven!”

Fast forward to 20 years and his kids are slaves to whites on his soil, apartheid reigns, and yet another Mandela is required.

Judolisco:
lol... What stops u from enjoying it in your country arbi shey d resources Don finish? Una go jst dey cap

Your Cumulative resource wealth acquired over centuries and stored in Britain amounts to $50 TRILLION.

That’s where YOUR money is.

Not this tiny annual budget of $35 billion you are managing, thinking you’re rich, and should be like “Dubai” if not thieving politicians.

No. Your real money is in BRITAIN. $50 Trillion.

That’s what should have made us “Dubai” a century ago if they didn’t invade to steal and loot.

Benin City was the “Dubai” of its era.

Without colonial invasion it would have been 200 times better than Dubai today.

Judolisco:
anyone who disagrees with you jst ask them why they are still travelling back to meet the colonial masters abroad..... Even when they say don't come again.... Dem go still cross border risking their lives to enter colonial master country

Very simple answer. That’s YOUR money you are going there to enjoy.

According to AI ChatGPT calculations, Britain looted $50 TRILLION worth of resources from Nigeria. NOT 50 Trillion Naira.

50 Trillion Dollars.

So THAT is where our wealth sits.

We have EVERY RIGHT on God’s Earth to go there.

9jatriot:
If Peter Obi is not at a burial, he's scouting on Twitter (formerly X) for any bad news about Nigeria. What better news to latch onto than a mischievous headline from Punch stating that FDI had reduced by 70%?

Immediately, without checking the full context or consulting those knowledgeable about basic math, the 'chief mourner of the federation' hurriedly logged onto X to post his sorrowful news, which he titled: "FDI to Nigeria Declines Amidst Unending Global Gallivanting."

Obi typically writes to his unintelligent audience, so this rebuttal may not gain traction with them. This correction is therefore mostly for neutrals who should not be swayed by the negative attitude of someone who wants to rule a nation he reportedly avoids paying taxes to, by hiding money in a tax haven in the name of his children who were likely less than five years old at the time.

Now, back to the topic. The source of this news is likely from a misleading Punch report dated August 9, 2025, with a very broad headline titled "Nigeria’s FDI crashes by 70% in three months."

Please take note of the date because it is very significant. It is significant because the report was written at the end of the second quarter of 2025, yet it starts by comparing the first quarter of 2024 with 2025 because the report realizes that by the second quarter of 2025, the capital inflow has grown tremendously, yet it chose to focus on the starting point when it was just beginning to grow.

This is the very first paragraph of the extract Mr. Obi relied on:

"Foreign Direct Investments into Nigeria dropped sharply by 70.06 per cent quarter-on-quarter to $126.29m in the first quarter of 2025, down from $421.88m recorded in the final quarter of 2024, according to the latest Capital Importation report released by the National Bureau of Statistics."


Now, this is why that report is mischievous. Even though the report was written at the end of the second quarter, it headlines a decline and then uses a comparison of the first quarter of 2024 to compare with 2025.

You may be wondering, "So what, wasn't there really a decline?" The best answer is to point you to various sections of the same report where the reporter admits that there has been an increase in capital inflow in 2025.

The first instance was just two paragraphs below the one Mr. Obi quoted:
"On a year-on-year basis, FDI posted a modest growth of 5.97 per cent compared to $119.18m recorded in the same period of 2024."

Immediately below that paragraph is another reluctant acceptance of an increase:
"Meanwhile, total capital importation rose to $5.64bn in Q1 2025, an increase from $5.09bn in Q4 2024 and $3.38bn in Q1 2024."

The report then uses the next two paragraphs to try to downplay the importance of the increase.

Further down, it once again agrees there was an increase:
"The PUNCH observed that Nigeria saw a 67 per cent increase in total capital inflows in the first quarter of 2025, reaching $5.64bn compared to $3.38bn in the previous quarter."

This one below is the final nail in the coffin for Mr. Obi and his cohorts. The report admits that even though it is only August (eight months into 2025), total capital inflow year-on-year is already more than in all of 2024. This means that even if there is no more inflow for the rest of 2025, we have already surpassed 2024 by 67%.

"Also, despite a 67.12 per cent year-on-year rise in total capital inflows into the country, the manufacturing sector recorded a 32.31 per cent decline in capital importation in Q1 2025."

Yet a presidential candidate cannot even read simple data like this but instead latches onto a dubious headline and proceeds to write on matters that are above his pay grade.

One cannot help but wonder what their 'fourth columnists' aim to gain by twisting existing facts to sell a negative narrative.

Here is how a more business-like newspaper reported that same story.

"Foreign investment into Nigeria soar by 67% to $5.6bn in Q1 2025"
with an opening paragraph:
"Nigeria, in the first quarter of 2025, recorded a total capital importation of $5.642 billion, which is 67.12 percent higher than the $3.376 billion recorded in Q1 2024 and 10.86 percent higher than the $5. 089 billion recorded in Q4 2024, the National Bureau of Statistics report has revealed."
https://businessday.ng/business-economy/article/foreign-investment-into-nigeria-soar-by-67-to-5-6bn-in-q1-2025/

Same data, same sources, same story but twisted differently. One sticks to facts, the other is looking for any straw to hold onto just to confuse its readers.


Once again, Mr. Peter Obi has shown that he does not have the mental capacity to understand many of the statistics he reels out. He seems to just quote them to impress his unintelligent audience. I have heard that he even tried to suggest that Nigeria should copy Argentina in its management of the economy—Argentina, of all countries, with a negative foreign reserve, that should be begging Nigeria for help.

All of this goes to show he does not have the capacity to understand micro and macroeconomics and is perhaps more suited to be a trader, which by the way is not a bad thing, but he should therefore limit his discussions to areas relating to what to wear to burials or how to buy and sell.

Thanks for your brilliant, erudite clarification.

Patriotic Nigerians like you need to keep fact-checking these shameless liars and haters of Nigeria, led by Peter Obi.