₦airaland Forum

chicfarmer:
True true Apc don taya person. Only God know how many fake agencies will be discovered once Apc is booted out of office.

These things didn't start today. It's the Adeyemi thing that opened it up. The entire civil service all over the federation needs to be retooled.

CodeTemplar:
Does companies that are technically insolvent sponsor workers in hajj or do welfare?

That's Nigerian leadership. It has been there for years. It didn't start now. This life style is what the reforms are trying to correct.

Ojuntana:
APC just keep repeating lies
Is this not the same claim made by Buhari govt that 27 states couldn't pay salary before they took over in 2015?
Is APC cursed with lying?

The down fall started towards the end of Jonathan's regime. Did you forget that Buhari gave bail out loan to states upon resumption. Ngozi Okonjo Iwuala warned then? Nigerians forget so fast or they are blinded by political noise.

Sheuns:
Ogunlere can only brag about states being able to pay salaries. He forgets that the total employees of all state governments in Nigeria isn’t even up to 10% of the entire working population of the country.

What he kept saying is that the country was heading to a halt. If states couldn't meet their needs and federal was printing money to pay ordinary salaries, airlines were refusing to sell tickets to Nigerians because of backlog of unremited money, NNPC complaining that they could not cover up subsidies anymore, the country was using unproduced crude oil to borrow money, my question will be where is a country?

You guys didn't know how deep we had fallen before he rescued the country.

Didijiji:
My problem is the pride and confidence this man uses to talk!

Like man is cut off from practical reality

He understands what he is saying. Experts understand what he is saying. People like you do not understand. That's why you call it a problem.

CodeTemplar:
True... but now, every state is building flyovers and airport while sponsoring hajj and islam heavily.
Clap for uncle Yekini.

If not for the demonic arrangement in One-Nigeria, you denied common man benefits of subsidy in exchange for superfluity and you are still boasting about it.

Did you understand the meaning of what he said at all. He said that the country was technically broke. A company could be technically insolvent but the buildings are standing and the workers are being paid but there is no tomorrow. Everything could pack up at once which will become fatal.

MamaFryo:
Ironically, majority of the Obidients that you think you are abusing in your post, own or work in these places that you displayed in your video. Is it because the hotel or bank looks super cool, the economy of the country will automatically boom? Will the beautiful structures make food or petrol cheap? For your information, ordinary Benin Republic at our backyard there does not have structures as this but their currency is more valuable than naira. Na wetin we dey follow you talk be that, no be these wishy washy buildings we wan chop.


Wetin I even know sef? I am just an ordinary Nigerian Policewoman.

Benin republic currency higher than Nigerian? Benin economy that depends on Nigeria? Wonderment.... hahaha 🤣😂

Gotocourt:
Seunmsg, what's Tinubu doing with high crude oil price windfall

Obasanjo created ECA for savings.
Nigeria's 2026 federal budget is anchored on a crude oil price benchmark of $64.85 per barrel. Crude has been sold for BTW $90~$100+.

Where's the excess

And you think that states will keep quiet during FAAC? Federal government budget is not federation budget. The national budgets in Nigeria are federal government, state governments and local governments budgets. ECA was agreed by and belonged to the federation. I will not educate you about the rest.

shadrach77:
Bitter truth. OBJ is as useless as the K in the word knife. He knows he is irrelevant that's why he yarns dust from time to time in order to keep himself in the limelight

The same OBJ that they line up to get his validation is now being insulted because he rejected them this time.

Ofunaofu:
Subsidy should be brought back

Tinubu have been lying to us

FYI the latest news is that your champion has recanted the statement. Very poor intellectual capacity. Just a few hours policy statement and he has recanted. This is how they will rule Nigeria. Campaign has started. Tell us your alternative policies and let's interrogate them and not the old order of condemning everything Tinubu. Presidency nobi chochocho.

CharlesCNG:
This is what happens when political conclusions come before arithmetic.
You made four assertions
Let's rebut this point by point.

CLAIM 1: “Buhari paid only ₦8 trillion subsidy in eight years.”

Not quite. Published estimates put Buhari-era subsidy/under-recovery higher. 2022 plus the first half of 2023 alone consumed roughly ₦7–₦8 trillion.So the ₦8 trillion claim for Buhari's entire eight years is already suspect.

CLAIM 2: “Tinubu paid ₦6 trillion subsidy in his first six months.”

You mixing two adminisrations.

NNPC's 2023 figures included about ₦3.3 trillion incurred from January–May—before Tinubu became President.

Tinubu's August–December component was around ₦1.8 trillion.

Buhari incurred part of the bill; Tinubu inherited the ledger—but you mischievously want to hand Tinubu the entire receipt. 😂

CLAIM 3: “Tinubu has outborrowed Buhari in three years.”

WRONG AGAIN. Debt stock ≠ new borrowing.A huge part of the naira increase came from revaluing existing foreign debt after naira depreciation. Another major component was Buhari-era Ways & Means liabilities subsequently recognised/securitised as public debt.

Again , You being mischievous by renaming exchange-rate revaluation and inherited liabilities “Tinubu borrowing.”

CLAIM 4: “Tinubu is splurging subsidy savings on governors for defections.”

Arrant Nonsense . Where is the evidence?

FAAC allocations are constitutionally distributed to federal, state and local governments. Higher government revenues increased the distributable pool. States that could not pay salaries before subsidy removal are not only paying but are building infrastrctures.

Calling statutory allocations political bribes can only come from the figments of the imagination of an atikulated mind


Basically what you have done is mix Buhari's bills with Tinubu's, confuse debt stock with borrowing and turn FAAC allocations into defection payments without evidence—

then announce:“ATIKU WILL BRING SUBSIDY BACK!”

Before Atiku brings anything back, answer one question:

HOW MUCH WILL IT COST—AND WHO WILL PAY?
Atiku is not bringing subsidy back otherwise ask him to provide details of how.
Atiku is just confused and desperate and lying.

Thank you for this response. I will advise that you don't waste time and efforts engaging Aminda and some other people here. They mix up issues and jumble them. No matter how you state facts they will end up diverting the line of argument. Do it twenty times they will continue going round and round. Therefore I avoid them because it wastes my time. Meanwhile I enjoyed your thorough intelligence analysis. This is higher than majority in this forum.

AMINDA:
As confessed by his lackeys, Tinubu removed subsidy in order to serve the interest of the governors and get their support. Atiku will bring fuel subsidy back! His allegiance is to the Nigerian people, not to any governor.

No problem.... welcome back to endless fuel queue and black market racketeering. We will also be happy to welcome several months of owed salaries and no more infrastructure development by states. Dangote refinery will be for export only. Atiku you are highly welcome to bring back fuel subsidy. Don't limit it to fuel oooo add fx subsidy.

kingbee90:
I miss those times when fuel was N185.

I used to fill up my vehicle tank with N12,500 in 2022 until the economic policies of that fake Mobil accountant hiked the price of ⛽.

ATIKU FOR PRESIDENT joor.

Didn't you miss the endless fuel queue and black market racketeering?

givedemwotowoto:
This counts as Tinubu’s achievement?

Roads are being built the subsidy removal?

So how did Buhari build roads and still had subsidy, and still borrowed less than Tinubu?

That's where the lies crumble.

I laugh each time I read your comments. Buhari's regime is now separated from Tinubu's?
I will not write any other thing because there no room for arguments. Just pure morbid hatred. To you white is black so long as it is your eternal enemy. Congratulations 👏

CharleyBright:
I stopped watching Jounalist Roundtable show and indeed TV News because of this buffooon called Babajide Otitoju.
He is a staunch supporter of Bola Tinubu and you can easily tell this from his brown envelop bias analysis.
Infact the entire crew of Journalist Hangout are Yoruba and pro Tinubu.
You can't get unbias analysis from them.

You call BKO a buffoon? Well people hide under faceless forums to say things that they can't say to people face-to-face. In those days that we used to starve to afford weekly newsmagazines because they are the only source of unearthing uncommon news BKO stood out. The days that the authorities arrested journalists and can confiscate a whole edition of a newspaper and burn all, people like BKO stood out. And today this one is calling him a buffoon. Congratulations 👏.

I read midway and stopped. The same people all the time. This is totally embarrassing.

Iran2025:
IBB government is far better than Tinubu's government.

Na so una dey talk. When Tinubu leaves and you understand the difference between 5 and 6 then you will come here to say the same thing that you said concerning IBB.

Streetinvestor2:
Whr u born during the military era is the big question
Abi it is what free data is telling u to say
The military era was far better for Nigerians living standards. The civilian government has stolen far worst than military time.The least of problems for Nigerians during military era was never hunger and insecurity. The military only went after to government criminals and jailed them Nigerians went to good government schools and free education in tertiary schools. The naira had value and our passport was respected.
Name the things that are now better in nigeria against military era

You are funny 🤣. Have you ever heard a government say that its problem was not money but how to spend it? With a smaller population than now we earned more from oil then than now. What did they do with it? Before the military you could travel to London without a visa. Abegee don't get us upset. Why did OBJ embark on debt forgiveness trips all over the world? Who accumulated those debts in spite of heavy oil revenue? I think that nairaland should create an elite forum with subscription so that only the informed will go there.

anonimi:
Is that why the economy is shrinking despite rebasing GDP in 2024? Shrunk from the biggest in Africa to 4th position.

27 years of Tinubu master plan increasing budget 100 times in lagos with heavy debt, what capital formation occurred if Lagosians are drinking water from shitty boreholes and struggling to find money to send children to private schools, because the progreThief has less than 5% schools owned by the government

In a realignment of any type the figures will in most cases look down before looking up. Are they not looking up now?

The blind can see that Lagos is a country in a country. Is the economy not doing well? Was it like this 27 years ago. Note that you are talking to a Lagosian. Are Lagos public schools not well staffed with free tuition, books and WAEC fees? Mention one developed economy that majority of their schools are public schools?

anonimi:
Why is Tinubu borrowing more than PDP presidents who did not remove subsidy but grew the economy to the biggest in Africa, nevertheless

The question is what did you use the borrowed money to do? PDP presidents borrowed to spend on consumption then life looked good but nothing was provided for future capital formation.

PBAT is borrowing to spend on future capital formation which may make life hard now but future rosy. This is what ordinary people don't know. We are where we are now because of what happened in the past. What we do now will determine what the future will be. As a finance person my eyes are always on the future of any organization that I run.

chatinent:
Just like telling KC Luxury to list his godfathers in Nigeria. He will leave the top guys and start mentioning Columbia. In his mind, the Columbian guys wouldn't bother looking for him.

Nigeria is funny.

Uncle Tinuboo, you removed subsidy as you claimed but the money removed cannot be accounted for.

Can we say you removed the national subsidy and started subsidising your own life?

I hope that Atiku and his friends understand what savings from subsidy mean:

Garri if sold at real price is #10,000 per bag
I decide to subsidize by #4,000
Therefore garri price if subsidized is #6,000

The #4,000 that is subsidy could have been borrowed. Which means without subsidy I don't have to borrow it.

It could be monies that should have been shared to the units of government which means that with subsidy they will no get extra #4,000 to share. However without subsidy they will share the extra #4,000.

Is there proof that this #4,000 extra has been available and shared by FAAC...... yes.

If you want proof of savings then determine:
(A) FAAC figures post subsidy removal
(B) Minus FAAC figures pre subsidy removal.
The difference A-B = savings (if politicians want to use this word).

It doesn't mean money kept in regular savings. Maybe this regime would have continued to share the pre subsidy removal income and keep all the difference in income so that they can show opposition how much they saved from subsidy removal even if other pressing needs are ignored. This is akin to Peter Obi's economics.

MadPolitician:
You are not from Aba!
You are not from the South East!!
Moreover, you sound so much like a typical Southwest regime apologist!
Thank you!

Hahaha 🤣😂. Hahaha hahaha 🤣😂.
70, Aba-Owerri Road, Umungasi. Do you know Umule Road, World bank estate, Ayaba, Ayaba-Umueze, Umuojima, Umuode, Uratta etc. hahaha 🤣😂. There are still Igbos that are highly detribalised. I'm a cosmopolitan Igbo man. That's why I think differently.

I have instruction to my lawyers that for an Igbo man to be given apartment in my house in Lagos he must be highly polished and not the typical one. They are in court to evict one nzogbu nzogbu one that mistakenly entered.

You can see that I'm not a data boy.... hahaha 🤣😂

Gotocourt:
This statement only will topple Tinubu. What's your benefit as the citizen of Nigeria
Zero subsidy on fuel,health, transport, food,education (primary &secondary),insecurity.

Tinubu is allowing Governors looting treasury despite billions coming in.

Atiku is lying. He knows that he will not win and he knows that he will not do what he's promising. It will be economic suicide for this nation. He just said it to look good.

MadPolitician:
I sent you a link with detailed tales about the evil going on with this fund, and all you can do is to turn the tables and start begging me to "tone down" whatever..?

Why not go and beg your government and the APC to "tone down" their runaway tribalism. Imagine!
The government is openly favouring a section of the country over others, and you are not perturbed!?

You are more worried about my reactions to blatant cases of tribalism rather than calling out a government that is openly displaying nepotism of the highest order? Instead of condemning a government that highly rooted on grand nepotism, you jus want me to be quiet, abi!?

Free me ahbegi

Forget flawed publication. A lot of Nigerian journalists don't investigate. This is the hard part of journalism. All that they do is armchair journalism.

I told you that I have strong evidence that contradicts what you said. I work in Aba. I'm talking about south easterners. The success rate of students that applied is about 90%. I'm from South East. I don't like the way our people bring tribal propaganda to every issue. It brings us low. When we have real issues people no longer take us serious.

Ofunaofu:
Which facts are you talking about?

Any facts and figures you and the Tinubu regime is presenting without accounting for the number of Nigerians plunged into poverty, the number rendered unemployed by wicked and draconian policies masquerading as reforms, and the lives lost to insecurity exacerbated by those same policies are nothing but selective statistics dressed up as truth.

If you leave out the human cost, you’re not presenting facts, you’re selling a narrative. Call it what it is: lies, falsehood, misinformation, propaganda, and economic spin.

Again as typical of you, you via away again from the main issue. Always mixing up issues to present a flawed narrative as true. I don't operate like that.

MadPolitician:
The government intentionally marginalised the whole South east from accessing this fund. Now they will want to use cash from dormant accounts including those of dead South Easterners to fund the agency!
Is this type of patented evil not too much

https://gazettengr.com/south-east-institutions-left-out-as-nelfund-publishes-student-loan-disbursements-across-five-geopolitical-zones/

Do you have evidence of a student from South East that applied but was denied? I run an institution that has a lot of youths and teenagers. A lot of them applied and to the best of my knowledge none has been denied on the basis of region. In fact the speed with which the approvals come surprises me.

Let's tone down this ethnic propaganda especially from the south east. It's not helping anyone. Nelfund opportunity is one transparent thing that is not common in this country. I pray that the standard is continued.

Sunisonflex39:
how much..........................................................

na the Koko..you people should be talking salary

You know fit pass the strenuous selection process. To pass am na the Koko.

RealLordZeus:
in short, you put pressure on the masses to put more money in the Governor's pocket.

Same Governor will be shielded from investigation at the end of their tenure provided they are in the same party

Why have you been praising the governors that you love? Their predecessors couldn't pay ordinary salaries for months. Tinubu is saying that whatever that they achieved that he made it possible irrespective of party. Without him they could have done nothing. And your statement here is an acceptance of this fact.

MrSly:
In plane language, Tinubu forced money out of people's pocket only to share it with the governors. Under Tinibu's regime the use people's hard earned money to fund governors and tinibu's lifestyles.

On a more serious note, Tinubu never accounted for this savings for over three years. All of sudden, at the build up to 2027 general electuon he remembers accountability. Who knows where and how these figures were concocted? Fraudulent leadership at the peak.

You have been clapping for your governor Otti. Tinubu is telling you that he made it possible. Without Tinubu he wouldn't have performed. That's what the report is saying which you have accepted here.

Ofunaofu:
The presidential campaigns begin today.

It’s now full throttle: time to dish out lies, falsehoods, and propaganda, all neatly packaged as the 'gains' of the so-called reforms.....reforms that have brought nothing but hunger, worsening insecurity, high inflation, and deaths.

Deflate the figures if you have facts. This is what I hate about social media people. They will ask for facts and you will give them but without counter facts they will tell you that you are lying.

MadPolitician:
NELFUND only favours some regions.
The agency only favours certain regions while marginalising others.

Give us facts please. People just chochocho anyhow.

Streetinvestor2:
Is that the avenue they want to use and loot it and claim the gave it to Nigeria students. Nigeria students have no reason going to sch on loan when we have countries doing free education and don't have half of our resources

The UK, American, German etc. governments give student loans with interest. Nigerian student loan is interest Free. Everyone comes online to say what they don't know.