₦airaland Forum

Every year, the Federal Government allocates trillions of naira to ministries, departments and agencies responsible for running the country.

While public attention often focuses on the presidency and political office holders, a large share of government spending is managed by agencies responsible for security, infrastructure, education and public services.

Understanding where the money goes can provide insight into government priorities and the challenges facing the country.

1. Ministry of Defence and security agencies

Security consistently receives one of the largest shares of federal spending.

The Ministry of Defence, the Armed Forces, military operations and other security-related institutions often account for a significant portion of annual budget allocations.

Successive governments have cited insecurity, terrorism, banditry and other threats as reasons for maintaining high security spending.

2. Ministry of Education

Education is another major recipient of public funds.

Budget allocations support federal universities, polytechnics, colleges of education, unity schools and various educational programmes.

With millions of students relying on public institutions, education remains one of the largest spending areas in government.

3. Ministry of Works

Road construction and infrastructure projects consume large amounts of public resources.

The Ministry of Works is responsible for major highways, bridges and other infrastructure projects across the country.

As governments seek to improve transportation networks, allocations to the ministry often remain substantial.

4. Ministry of Health

Healthcare spending supports federal hospitals, medical centres, disease-control programmes and public health initiatives.

The sector continues to demand significant investment due to population growth, rising healthcare costs and the need to improve access to quality medical services.

5. Nigerian National Petroleum Company Limited

Although NNPCL operates commercially, government-related energy spending and interventions linked to the oil and gas sector often involve huge financial commitments because petroleum remains central to Nigeria’s economy.

6. Independent National Electoral Commission

Election years often lead to major increases in INEC’s budget.

Conducting nationwide elections requires funding for logistics, personnel, voter education, technology and election materials.

7. National Assembly

The National Assembly receives billions of naira annually for legislative operations, oversight functions and administration.

Its budget frequently attracts public attention because of debates about the cost of governance.

Why these budgets matter

Large budgets do not automatically translate into better services.

Citizens often judge government performance based on the quality of roads, schools, hospitals, security and other public services.

This is why transparency, monitoring and accountability remain important.

The real question is not only how much money is allocated but also how effectively it is spent.

What Nigerians should watch

When examining government budgets, experts often focus on:

How much is allocated
How much is actually released
How much is spent
Whether projects are completed
The impact on citizens
These factors often reveal more than the headline figures.

The agencies with the largest budgets are usually those responsible for security, education, healthcare, infrastructure and major public services.

Because these institutions manage vast amounts of public money, they play a critical role in national development.

Uderstanding where government funds go is an important step toward demanding greater accountability and better results.

Source: https://yaroinsider.ng/agencies-with-the-largest-budgets-in-nigeria/

Nigerians seeking to study for a fully funded postgraduate degree in the United Kingdom have another opportunity to apply for the 2027/2028 Commonwealth Scholarship.

The Commonwealth Scholarship Commission has opened applications for the 2027/2028 Master’s programme, with applications closing at 4pm BST on October 20, 2026. The programme is designed for talented candidates from eligible low and middle-income Commonwealth countries who would otherwise struggle to afford postgraduate study in the UK.

Nigeria is among the countries eligible for the scholarship.

Successful candidates are expected to begin their studies in the UK in September or October 2027.

Who can apply?

Full story here: https://yaroinsider.ng/2027-2028-uk-commonwealth-scholarship-nigeria/

A group known as the Bauchi Youth Discussion Circle has called on President Bola Ahmed Tinubu to direct security agencies to investigate allegations linking Senator Shehu Buba Umar to banditry and alleged dealings with bandit kingpins.

The group urged the Inspector-General of Police and the Director-General of the Department of State Services to conduct a thorough and professional investigation into the allegations.

Group Seeks Independent Investigation

The demand comes amid renewed public controversy surrounding allegations against the senator representing Bauchi South Senatorial District.

The group said the allegations were serious enough to warrant an official investigation rather than political speculation. It called for relevant security agencies to establish the facts and determine whether there was any evidence supporting the claims.

The renewed calls for investigation follow similar demands from other groups. The Northern States Christian Elders Forum recently urged authorities, including the DSS and National Assembly, to conduct an independent and transparent investigation into the allegations.

Buba Denies Allegations

Senator Shehu Buba has repeatedly denied any involvement in banditry or criminal activities.

He has described some of the claims and viral materials linking him to bandit groups as fabricated and misleading. The senator has also taken legal action against an individual over alleged defamatory statements.

The DSS has previously indicated that investigations into the allegations were ongoing and that the outcome would be made public at the appropriate time.

The latest call therefore places renewed attention on the security agencies to establish the facts surrounding the allegations.

The allegations against Senator Shehu Buba remain allegations and should not be treated as established facts unless confirmed by a competent authority or court.

Source: https://yaroinsider.ng/tinubu-urged-investigate-shehu-buba-banditry-allegations-2/

Nigeria has a complicated relationship with political power.

A politician can face questions over unexplained wealth, yet millions of supporters may still defend the person aggressively. Critics can present documents, raise questions or demand investigations, but political loyalty often turns the debate into something else.

Instead of asking “Where did the money come from?”, the conversation can become “Which political party are you supporting?”

That shift matters.

Politics has become personal

For many supporters, politicians are not simply public officials.

They are representatives of their communities, parties, regions or political movements.

An attack on the politician can therefore be interpreted as an attack on the group the person represents.

Once that happens, evidence can become secondary to loyalty.

Supporters may defend their preferred politician while demanding investigations into the wealth of political opponents.

That creates a dangerous double standard.

Poverty can also influence political loyalty

Nigeria’s economic difficulties have made political connections valuable to many people.

A politician may help someone secure employment, pay medical bills, support a community project or provide financial assistance.

To the beneficiary, that politician may be seen as someone who helped when nobody else did.

The person’s wealth may therefore become less important than the benefits supporters associate with their political influence.

But personal generosity does not answer questions about the source of public officials’ wealth.

“Our politician” versus “their politician”

One of the biggest problems is selective outrage.

When an opposing politician is accused of corruption, supporters may demand prosecution.

When their preferred politician faces similar questions, the response can change:

“They are jealous.”

“It is political persecution.”

“Everyone is doing it.”

“Show us the evidence.”

The last response is legitimate when allegations are unsupported.

But the same standard should apply to everyone.

If there is credible evidence, it should be investigated regardless of political affiliation.

If there is no evidence, allegations should not be presented as established facts.

Wealth is not automatically corruption

This distinction is important.

Being wealthy does not prove that a politician stole public money.

A politician may have legitimate businesses, investments, inherited assets or other lawful sources of income.

The real accountability question is whether the person’s wealth can be reasonably explained and whether required asset declarations and other legal obligations have been followed.

That is where institutions such as anti-corruption agencies, courts and relevant public bodies have a role.

The cost of defending everything

Blind political loyalty can weaken accountability.

When supporters automatically reject every question about their preferred politician, politicians learn that their political base may protect them regardless of what happens.

That reduces pressure for transparency.

A healthier political culture would allow someone to say:

“I support this politician, but I still want answers.”

That is not betrayal.

It is citizenship.

Nigerians should apply one standard

The question should never be:

“Is he our politician?”

It should be:

“Can the source of the wealth be explained and verified?”

The same standard should apply to politicians from every party, region and political camp.

Because public office is not supposed to be a shield against legitimate questions.

And defending a politician without examining the facts does not protect democracy.

It protects political loyalty.

Source: https://yaroinsider.ng/why-nigerians-defend-politicians-who-cannot-explain-their-wealth/

Love can keep two people together, but when money is consistently unavailable, even strong relationships can come under serious pressure.

For many young people, this is becoming an uncomfortable reality.

Two people may genuinely love each other but still struggle to pay rent, buy food, support their families, handle transportation costs or plan for the future. When financial pressure becomes constant, romantic feelings can start competing with basic survival.

Love does not pay every bill

Full story here: https://yaroinsider.ng/is-love-enough-when-both-partners-are-struggling-financially/

With the 2027 presidential election approaching, Nigerians will hear more promises, campaign slogans and political endorsements. But beyond the rallies and social media battles, voters will have to decide what actually matters when choosing the next president.

Here are some of the issues Nigerians should watch closely.

The economy

The cost of living remains one of the biggest issues facing households.

Voters will want to know what each candidate plans to do about inflation, food prices, unemployment, wages, electricity and the value of the naira.

More importantly, Nigerians should look beyond campaign promises and ask how those promises will be funded.

Security

Security will remain another major test.

Kidnapping, terrorism, banditry, communal violence and other crimes continue to influence where Nigerians live, work and travel.

Presidential candidates should be questioned about their specific plans for strengthening security agencies, protecting communities and improving intelligence.

Track record

A candidate’s previous record may tell voters more than campaign speeches.

Those who have previously held public office should be judged on what they actually achieved, how they managed public resources and how they responded to criticism.

For candidates without major government experience, voters can examine their professional background, leadership record and previous public positions.

Corruption and accountability

The 2027 election will also raise questions about how candidates intend to fight corruption.

But voters should also examine the candidates themselves.

How transparent are their finances? What have they declared publicly? How have they responded to credible allegations or investigations?

An allegation is not proof of wrongdoing, but voters have a legitimate interest in asking questions and examining available evidence.

Education and healthcare

Political campaigns often focus heavily on the economy and security, but education and healthcare directly affect millions of Nigerians.

Voters should ask how candidates intend to improve public schools, reduce barriers to quality healthcare and retain skilled professionals.

Jobs

Nigeria’s young population makes employment a major election issue.

Candidates may promise millions of jobs. The important question is how.

Will they focus on manufacturing, agriculture, technology, infrastructure, small businesses or public-sector employment?

Voters should demand details rather than simply accepting job-creation figures.

Character and leadership

Presidential power is enormous.

The person occupying the office will make decisions affecting the economy, security, foreign relations and public institutions.

That makes character, temperament, judgment and respect for institutions important considerations.

The people behind the candidate

Voters should also look beyond the presidential candidate.

Who are the major political allies? Who is likely to influence government appointments? What interests surround the campaign?

A president does not govern alone.

Promises versus reality

Perhaps the most important question is simple: Can the candidate actually deliver what they are promising?

Nigeria has heard many ambitious campaign promises over the years.

In 2027, voters will have an opportunity to compare promises with records, numbers, policies and evidence.

The election should not only be about who speaks best at a rally.

It should be about who Nigerians believe can govern effectively, transparently and responsibly.

Source: https://yaroinsider.ng/2027-what-nigerians-should-watch-before-choosing-a-presidential-candidate/

Payday no longer feels like the beginning of a comfortable month. It feels like a countdown.

Salary enters the account, and within days, a large part of it is already gone.

Food, transport, rent, electricity, school fees, data, medical expenses and family responsibilities are competing for the same income. By the time the basic bills are settled, little may remain for savings or emergencies.

Nigeria’s ₦70,000 national minimum wage, introduced in 2024, has also come under renewed pressure. Labour leaders said in August that rising living costs had eroded its value and called for another review.

The problem is not simply that salaries are low.

It is that the cost of maintaining an ordinary life has risen faster than many incomes.

A worker earning ₦200,000 may look comfortable on paper. But after transport, feeding, rent contributions, electricity, phone bills and support for relatives, the balance can quickly become insignificant.

As for workers earning less, the pressure is even greater.

A recent BudgIT report cited by The Guardian found that an adult in Ekiti could require about ₦62,739 a month just to meet the minimum cost of a healthy diet. That would leave only about ₦7,261 from a ₦70,000 minimum wage for every other expense.

This explains why salary increases do not always translate into a better standard of living.

If someone moves from ₦150,000 to ₦200,000 a month but the cost of food, transport and housing rises significantly, the extra ₦50,000 may disappear without creating any meaningful financial improvement.

For many households, saving has therefore become a luxury rather than a normal financial habit.

An unexpected hospital bill, vehicle repair, job loss or family emergency can force people to borrow money or depend on relatives.

There is also a wider problem.

Workers are increasingly being judged by their salaries while the economy is being priced according to expenses they cannot control. A person’s income may remain unchanged while rent is renewed at a higher rate, food prices increase and transportation becomes more expensive.

The result is a growing gap between earning money and actually having money.

That may be the new Nigerian financial reality.

Salary comes.

Bills arrive.

The money disappears.

And the next payday begins another cycle.

Source: https://yaroinsider.ng/new-nigerian-financial-reality-salary-disappears/

Few politicians in Nigeria’s democratic history have pursued the presidency as persistently as Atiku Abubakar.

The former vice president has spent decades seeking the country’s highest office. Despite several unsuccessful attempts, he remains in the race and has repeatedly argued that he still has something to offer Nigeria.

His determination has earned both admiration and criticism.

Supporters describe him as experienced and resilient.

Critics argue that Nigerians have heard his promises before.

So why does Atiku keep coming back?

He believes experience matters

Atiku has consistently argued that his years in government and business make him qualified to lead Nigeria.

In recent interviews, he said leadership requires experience and that his next presidential bid would likely be his final attempt.

To supporters, that experience is an asset.

To critics, it is evidence that Nigeria may need a new generation of leaders.

He believes Nigeria’s problems remain unsolved

Atiku has frequently pointed to economic hardship, insecurity and governance challenges as reasons for remaining active in politics.

His campaign message continues to focus on economic reforms, job creation and national unity.

Whether voters agree with his solutions is a different question.

The presidency remains unfinished business

Many political observers believe Atiku sees the presidency as the one major goal missing from his long political career.

After serving as vice president between 1999 and 2007, reaching the presidency would complete a political journey that has lasted decades.

Does Nigeria still want him?

This is where opinions become divided.

Some Nigerians see him as a familiar figure with extensive experience.

Others believe the country should move beyond politicians who have dominated the political scene for years.

The challenge for Atiku is convincing voters that a leader who has been part of Nigeria’s political establishment for decades can still represent change.

The bigger question

The debate may not really be about Atiku.

It may be about what Nigerians want from their leaders.

Do voters prefer experience?

Do they want younger faces?

Do they want political outsiders?

Or do they simply want whoever can improve their lives?

Those questions will likely shape the 2027 election more than any single candidate.

Only Atiku knows his true intentions.

Some see a politician driven by a genuine belief that he can improve Nigeria.

Others see a veteran politician unwilling to let go of a lifelong ambition.

What is certain is that, despite multiple defeats, he remains convinced that he still has a path to the presidency. Whether Nigerians agree will ultimately be decided at the ballot box.

Source: https://yaroinsider.ng/why-atiku-keeps-returning-to-the-presidential-race/

The Federal Government has announced that Nigerian students will start receiving 100MB of free data daily from October 1 under a new initiative aimed at improving access to digital learning.

The programme, known as the Zero-Rated Access to Educational Platforms and Content Initiative, was unveiled by the Minister of Education, Dr Tunji Alausa, during its official launch in Abuja.

According to the minister, the scheme will initially benefit about five million students, giving them free access to approved educational websites and digital learning platforms without paying for data.

Alausa said the initiative is designed to help students, particularly those from low-income families and underserved communities, overcome one of the biggest barriers to online learning: the cost of internet access.

The programme will first cover students in senior secondary schools and tertiary institutions, with plans to expand it to other categories of learners in the future.

The Federal Government said only approved educational platforms that meet national curriculum standards will qualify for the free-data programme. Authorities also plan to monitor usage to ensure students are using the service for learning purposes.

The initiative is being implemented through a partnership involving the Nigerian Communications Commission (NCC), the Federal Ministry of Education, telecommunications operators and other stakeholders.

Officials believe the project could significantly expand access to online education and digital skills training across the country, especially as schools increasingly rely on technology-based learning resources.

Source: https://yaroinsider.ng/fg-to-give-students-100mb-free-data-daily-from-october-1/

A minister leaves office.

A governor completes a tenure.

A permanent secretary is transferred.

A political appointee is replaced.

But what happens to the government vehicle assigned to that official?

It is a question many Nigerians ask, especially when expensive SUVs are involved.

The simple answer is that a government vehicle does not automatically become the personal property of the official who used it.

Government vehicles are public assets and are subject to rules governing the management and disposal of public property.

The vehicle belongs to government

When a ministry, department or agency purchases a vehicle with public funds, the vehicle becomes a government asset.

An official may be assigned the vehicle for official duties, but that does not automatically give the person ownership.

The Federal Government’s procurement framework provides procedures for disposing of public property, including vehicles. The Office of the Secretary to the Government of the Federation also lists the disposal of serviceable and unserviceable government property among its procurement functions.

It can be transferred

A vehicle does not necessarily have to be sold when an official leaves.

Public assets can be transferred from one government department to another, depending on the circumstances and applicable procedures.

For example, a vehicle previously assigned to one senior official could be reassigned to another official or government office.

It can also be sold

If government decides that a vehicle is no longer required, it can be disposed of through an approved process.

Under the Public Procurement Act, open competitive bidding is the primary method for selling public property. Other disposal methods include sale, rental, lease, hire purchase, auction and transfers between government departments.

So an official cannot simply drive away with a government SUV because his or her tenure has ended.

The vehicle should be valued

Before public property is disposed of, the law requires an appropriate valuation process.

The Public Procurement Act provides for an independent valuation of property being considered for disposal and requires disposal to be planned as part of the entity’s financial projections.

This is important because government should know the value of an asset before selling it.

What about selling it to an official?

There are circumstances in which public assets may be sold to public officers, but such transactions must follow the applicable disposal rules.

The important point is that the official cannot simply decide that the vehicle belongs to him or her.

There must be an authorised disposal process.

Why this matters

Government vehicles are purchased with public money.

If an expensive vehicle is removed from government records and handed over privately without following the proper process, questions of accountability can arise.

The procurement law specifically requires honesty, accountability, transparency, fairness and equity in the disposal of public assets.

That means Nigerians have a legitimate interest in knowing what happens to major government assets after officials leave office.

So where do the vehicles go?

Depending on the condition and needs of government, a vehicle may be:

Reassigned to another official
Transferred to another government department
Retained by the institution
Sold through an approved disposal process
Auctioned
Declared unserviceable and disposed of under the applicable rules
The exact procedure can vary depending on the government institution and the applicable federal or state rules.

The real question

The bigger issue is not whether former officials used government vehicles.

They often need official transport to perform their duties.

The real question is what happens after the official’s assignment ends.

Was the vehicle returned?

Was it properly transferred?

Was it sold through a transparent process?

Was the money from the sale accounted for?

Those are the questions that matter when public assets change hands.

Source: https://yaroinsider.ng/what-happens-to-government-vehicles-after-officials-leave-office/

The Nigeria Police Force National Cybercrime Centre has arrested 27-year-old Hafsat Abubakar over the alleged creation and circulation of a forged document claiming that OPay Nigeria Limited was shutting down its operations.

The arrest followed a formal petition submitted by OPay Digital Services Limited on August 31, 2026, requesting an investigation into the origin and circulation of the document.

According to the Force Public Relations Officer, Anietie Iniedu, the National Cybercrime Centre deployed digital forensic tools to analyse the document and trace its source.

The police said the investigation linked the material to a post on an X account identified as @Hafsat_ER_ABBA, which they said was operated by Hafsat Abubakar.

Police operatives subsequently arrested Abubakar on September 4, 2026. The police identified her as a 27-year-old graduate of Library and Information Science from Ahmadu Bello University, Zaria.

What was in the alleged fake document?

The document was presented as an official OPay communication and reportedly claimed that the fintech company would stop processing transactions and account-related services indefinitely from September 1, 2026.

It also urged OPay customers to withdraw their funds, a claim capable of creating panic among customers who rely on the platform for payments and financial transactions.

OPay subsequently dismissed the notice as false, assuring customers that its operations remained active.

The company also pointed to several inconsistencies in the document, including an outdated logo, a misspelling of the brand name and a layout that did not match its official communications.

OPay’s legal counsel said the company was working with the police and the Department of State Services to investigate the matter.

Why the case matters

The incident shows how a fabricated document can create serious consequences when it concerns a financial institution.

A false announcement suggesting that a major fintech company is shutting down could cause customers to panic, withdraw funds, spread the information further and potentially undermine confidence in the company.

The police said the case also demonstrates the growing importance of digital forensics in investigating online misinformation and fabricated documents.

However, the investigation is still ongoing.

Abubakar’s arrest does not by itself establish guilt. The police said suspects found culpable would be prosecuted after the investigation is concluded.

The case also serves as a warning to social media users.

A document that looks official is not necessarily genuine. Logos, signatures, letterheads and official-looking layouts can be reproduced digitally.

For information involving people’s money, banking platforms or major financial institutions, users should verify claims through the company’s verified channels before taking action.

The bigger lesson is straightforward: before forwarding a financial alert, verify it. A few seconds of checking could prevent thousands of people from acting on false information.

Source: https://yaroinsider.ng/hafsat-abubakar-arrested-forged-opay-document/

An insider at Dangote Cement Plc has acquired 986 ordinary shares in the company in a transaction valued at N996,491.01.


The transaction was disclosed to the Nigerian Exchange Limited (NGX) as part of the company’s statutory reporting obligations on insider dealings.


The buyer is Omode Emmanuel Oladimeji, the company’s Head of Treasury.


According to the disclosure, Oladimeji purchased the 986 shares on May 4, 2026. The transaction comprised 263 shares bought at N1,008.15 each and another 723 shares acquired at N1,013.13 per share.


The combined transaction value was N996,491.01, representing an average purchase price of about N1,010.64 per share.


The disclosure was classified as an initial notification of insider dealing under the NGX rules governing director and insider dealings.


Such disclosures are required to promote transparency around share transactions involving insiders of listed companies.


Dangote Cement remains one of the largest companies on the Nigerian Exchange. NGX data showed its shares trading at N1,034 as of September 9, 2026, giving the company a market capitalisation of about N17.45 trillion.


The company is listed on the NGX Premium Board under the industrial goods sector and is engaged in the production and sale of cement.


The latest transaction comes as the broader Dangote Group attracts heightened investor attention. Aliko Dangote’s refinery business is preparing for a major initial public offering, while Dangote Cement is also expected to pursue a secondary listing on the London Stock Exchange.

Source: https://yaroinsider.ng/dangote-cement-insider-buys-986-shares-worth-nearly-n1-million/

The Federal Capital Territory Police Command has arrested a woman accused of pouring boiling water on her neighbour during an argument in Lugbe, Abuja.


The incident reportedly occurred on September 4, 2026, following a disagreement between the two women over the use of a shared compound space.


According to the FCT Police Command, the victim, identified as Mrs Beauty Monday, had moved the suspect’s pot of boiling water from a stove to an area of the compound allocated to the suspect.


Police said the action angered the suspect, who allegedly took the pot from the stove and poured the boiling water on Monday’s back.


The victim sustained serious burns and is receiving medical treatment, according to the police.


The command said it received a report about the incident at the Lugbe Police Division on September 6, two days after the alleged attack.
The suspect has since been arraigned before a court and remanded at the Suleja Correctional Centre pending further proceedings. The case has been adjourned until September 16, 2026.


The FCT Police Public Relations Officer, SP Josephine Adeh, issued the statement on behalf of the command on September 9.


Commissioner of Police, FCT Command, CP Ahmed Muhammed Sanusi, urged residents to resolve disputes through peaceful and lawful means.


Sanusi warned against resorting to violence or self-help when disagreements arise, stressing the need for residents to seek legal channels for resolving disputes.


The police also urged residents to remain vigilant and report suspicious activities to the nearest police station or through the command’s emergency lines.


The suspect remains entitled to due process, and the allegations against her will be determined through the court proceedings.

Source: https://yaroinsider.ng/fct-police-arrest-woman-over-alleged-boiling-water-attack/

Nigeria’s student loan scheme was introduced to make higher education more accessible to students who might otherwise struggle to pay for tuition and other education-related expenses.

But as more students take loans, another question is becoming increasingly important: what happens when a graduate finishes school but cannot find a job to repay the money?

The answer is different from some of the alarming claims circulating online.

The Nigerian Education Loan Fund, NELFUND, says repayment does not begin immediately after graduation. Under its current terms, beneficiaries who participate in the National Youth Service Corps are expected to begin repayment two years after completing NYSC. Repayment is also tied to employment.

What if the graduate has a job?

For an employed graduate, NELFUND’s terms provide for repayment through deductions from salary.

The Fund’s published terms state that 10 per cent of monthly salary is deducted at source for loan repayment. Beneficiaries are also expected to update their employment information when they get a job or change employers.

This means repayment is designed to follow the graduate’s ability to earn rather than demanding immediate payment while the person is still in school.

What if there is no job?

This is where the issue becomes more complicated.

NELFUND’s FAQ states that a beneficiary who remains unemployed after the repayment period can notify the Fund through a sworn court affidavit, with the official FAQ providing for periodic confirmation of unemployment.

That is important because one of the biggest fears surrounding student loans is the possibility of graduates being pursued for money they simply do not have.

The scheme is not supposed to turn unemployment immediately into a criminal offence.

In fact, NELFUND has recently dismissed a viral claim that graduates who fail to repay their loans could face life imprisonment. The Fund described the claim as fake news.

But the debt does not simply disappear

Being unemployed does not mean the loan is automatically cancelled.

The obligation remains, and the graduate is expected to comply with NELFUND’s procedures and provide the required information concerning their employment status.

For people who eventually become employed, repayment can then begin according to the applicable rules.

Self-employed beneficiaries also have obligations. NELFUND’s terms require them to provide information about their businesses and other details needed for loan management and recovery.

The Fund also says it has legal mechanisms for recovering loans from beneficiaries who default.

Why the issue matters

The success of Nigeria’s student loan programme will ultimately depend on a delicate balance.

Government wants the money recovered so it can continue supporting future students.

Graduates, meanwhile, need enough financial stability to establish themselves after university.

A graduate earning a good salary may be able to repay without major difficulty. Someone struggling to find work or earning barely enough for food, rent and transportation faces a very different reality.

That is why the real test of the scheme will not simply be how much money NELFUND disburses.

It will be whether graduates can move from education into meaningful employment and repay without being pushed deeper into financial hardship.

NELFUND reported in May that more than 1.6 million students had received support worth over ₦206 billion since the programme began.

That is a significant expansion of education financing.

But as the number of beneficiaries grows, Nigeria will eventually face the biggest test of the programme:

Can the country create enough economic opportunities for graduates to repay the loans while still building their own lives?

If the answer is no, the student loan debate will eventually become much bigger than tuition.

It will become a debate about jobs, wages, poverty and whether education can genuinely lead to a better life.

Source: https://yaroinsider.ng/student-loans-what-happens-when-graduates-cannot-repay-2/

Polaris Bank has expressed sorrow following the killing of one of its branch managers, identified as Mr Ossy, who was reportedly attacked by suspected kidnappers in Imo State.

The incident occurred on Sunday within the premises of the Federal University of Technology, Owerri (FUTO), where the banker was said to have gone to drop off his children, who are students of the institution.

According to reports, gunmen accosted the banker during the visit. While his children managed to escape, he was shot and later died from the attack.

In a statement, Polaris Bank described the incident as tragic and extended condolences to the family, friends and colleagues of the deceased. The bank said it was cooperating with ongoing investigations and urged the public to allow security agencies to establish the full circumstances surrounding the attack.

The management of FUTO also confirmed that a visitor was fatally shot during the security breach. The university disclosed that two female students were reportedly abducted by the fleeing gunmen during the incident.

School authorities said they were working closely with security agencies to ensure the safe recovery of the students and improve security around the campus and neighbouring communities.

Following the attack, officials of the university met with the Imo State Commissioner of Police, Audu Garba Bosso, over growing security concerns in the area. The police commissioner reportedly assured the institution that additional security measures would be deployed around FUTO and surrounding communities.

As of the time of reporting, no arrests had been announced in connection with the killing and the reported abduction of the students. Investigations are ongoing.

Source: https://yaroinsider.ng/polaris-bank-manager-killed-by-kidnappers-in-imo/

Forex trading has become increasingly popular among Nigerians looking for ways to participate in global financial markets.

But while social media often presents forex trading as an easy route to making money, the reality is very different.

Forex and CFD trading involve significant financial risk, particularly when leverage is involved. Anyone considering opening a trading account should understand how the market works and only use money they can afford to lose.

One platform Nigerians can explore is Vantage Markets, which provides access to financial markets through its trading accounts.

What does Vantage offer?

Vantage provides access to a range of financial products, including forex, indices, shares, ETFs, bonds and other CFDs. Its current website says traders can access more than 1,000 products, while its live account allows users to trade with real money after completing the required registration and verification process.

The platform also offers demo accounts, allowing users to practise trading with virtual funds before committing real money. Vantage says its demo account provides $100,000 in virtual trading credits for practice.

For beginners, the demo option can be particularly useful because it allows them to familiarise themselves with the platform and understand how trades work without immediately risking their own funds.

What do you need to open an account?

According to Vantage, applicants may need identification documents such as a valid passport, driver’s licence or national identity card, as well as proof of address depending on the application requirements.

The company says applications can be completed online and that, once the required documentation has been submitted, an account may be ready within 24 hours.

However, availability and the applicable regulatory protections depend on the country and the Vantage entity serving the customer. Vantage’s website specifically states that international accounts may be subject to regulations different from those applicable to its UK FCA-regulated entity.

Forex trading is not guaranteed income

Full story here: https://yaroinsider.ng/forex-trading-nigeria-vantage-account/

Nigeria’s political class often attracts public attention for the properties, businesses, luxury vehicles and expensive lifestyles associated with some office holders.

But one question remains difficult to answer: who is actually checking where the money comes from?

Nigeria already has institutions designed to monitor the finances and conduct of public officials. The problem is whether those mechanisms are strong enough, transparent enough and consistently enforced.

The first line of accountability is the Code of Conduct Bureau (CCB). Under Nigeria’s constitutional framework, public officers are required to declare their assets and liabilities. The declaration covers assets such as properties, including those outside Nigeria, and must be made when an officer assumes office and at the end of the term. Certain officers in continuous government employment must also make periodic declarations.

The CCB says those declarations are subject to verification. It also has the authority to receive complaints and investigate alleged breaches of the Code of Conduct before referring appropriate cases to the Code of Conduct Tribunal.

That sounds straightforward on paper.

The bigger question is what happens when an elected official’s wealth appears to grow dramatically while in office.

A politician becoming wealthy is not automatically evidence of corruption. Some politicians enter public office with substantial businesses, investments, inherited property or other legitimate sources of income.

The issue is whether the wealth can be explained, declared and verified.

The CCB itself states that public officers must provide information on the type, location and value of declared properties, their date of acquisition and income derived from them. Failure to properly declare assets can, upon conviction, lead to consequences including removal from office, disqualification from public office and forfeiture of property acquired through abuse of office or dishonesty.

But asset declaration is only one part of the system.

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) determines remuneration for political office holders. In 2024, the commission clarified that the prescribed monthly salary and allowances for a senator amounted to ₦1,063,860, while some other benefits were periodic rather than monthly.

RMAFC is currently reviewing remuneration for political and public office holders, saying the process is at an advanced stage. The commission has also stressed that higher remuneration must be matched by accountability and performance.

That distinction matters.

A politician’s official salary is not necessarily the same thing as his or her total wealth.

The real accountability question is therefore not simply, “How much does a politician earn?”

It is:

What did the politician own before entering office? What was declared? What has been acquired since? What legitimate income explains the increase? And have the relevant institutions actually verified it?

The CCB says it has departments responsible for administering and verifying asset declarations, including through random and risk-based sampling.

Citizens can also petition the CCB over suspected violations and are expected to provide evidence supporting their allegations.

That means Nigerians do not have to treat every politician’s wealth as proof of corruption.

But neither should unexplained wealth simply be ignored.

A functioning democracy should be able to distinguish between legitimate wealth, unexplained wealth and illegally acquired wealth.

Until that distinction is consistently established through declarations, verification, investigations and, where necessary, prosecution, the question will continue to hang over Nigeria’s political system:

Who is checking the money?

Source: https://yaroinsider.ng/nigerias-politicians-are-getting-richer-who-is-checking-the-money/

When people think about kidnapping, many assume criminals only go after the rich.

The reality is more complicated.

Security experts say kidnappers often choose victims based on a mix of factors, including vulnerability, routine movements, perceived ability to pay ransom and available information.

In many cases, the target is not necessarily the wealthiest person.

Instead, it may be the easiest person to abduct.

They look for predictable routines

One of the first things criminals often study is routine.

People who leave home at the same time every day, use the same route and follow a predictable schedule may become easier targets.

A predictable routine allows criminals to monitor movements and identify opportunities.

They gather information first

Kidnappers rarely act blindly.

Many cases involve some level of information gathering before an abduction takes place.

Information may come from:

Social media posts
Casual conversations
Community informants
Business associates
Former employees
Acquaintances
The more criminals know about a person’s lifestyle and movements, the easier it becomes to plan an operation.

They target people believed to have access to money

While wealthy individuals are common targets, kidnappers do not always go after millionaires.

Sometimes they choose people whose families, employers or communities are believed to have the ability to raise ransom payments.

Their goal is usually financial gain.

They look for weak security

Security remains a major factor.

People travelling alone, using isolated roads or living in poorly secured areas may face greater risk.

Criminals often prefer targets they believe can be taken with minimal resistance.

Social media can reveal too much

Many people unknowingly share information online that can expose their movements.

Posting live locations, travel plans, luxury purchases or frequent routines can provide useful information to criminals.

Security experts frequently advise people to be cautious about what they share publicly.

Some victims are chosen because of their profession

Certain occupations can attract attention.

Business owners.

Contractors.

Transport operators.

Farm owners.

Community leaders.

Public officials.

People believed to control money or resources may be viewed as attractive targets.

Criminals sometimes rely on insiders

Some kidnapping cases have revealed the involvement of people known to the victim.

Former staff.

Neighbours.

Friends.

Business contacts.

This is one reason investigators often examine whether suspects had prior knowledge of the victim’s activities.

Opportunity often matters more than status

One of the biggest misconceptions about kidnapping is that criminals always target the richest people.

In reality, many victims are ordinary citizens.

What matters to criminals is often opportunity.

If someone appears vulnerable and accessible, they may become a target regardless of their social status.

How to reduce the risk

Security experts recommend:

Avoiding predictable travel routines
Being careful about information shared online
Reporting suspicious surveillance or activity
Improving home and workplace security
Informing trusted relatives about travel plans
Remaining alert in isolated areas
No precaution can eliminate risk completely, but awareness can help reduce exposure.

Source: https://yaroinsider.ng/how-kidnappers-choose-their-targets/

A Nigerian-British businessman and social media influencer, Igho Ubiribo, has died after undergoing a penis enlargement procedure during a trip to Thailand. He was 43 years old.

According to reports presented at a UK inquest, Ubiribo underwent the cosmetic procedure at a clinic in Bangkok while on holiday with his wife, Danielle Simba Allen. The treatment reportedly involved injections of hyaluronic acid and lidocaine.

Shortly after the procedure, he reportedly began experiencing chest pains and collapsed. He was rushed to hospital, where doctors suspected a pulmonary embolism, a potentially life-threatening blockage in the blood vessels of the lungs. Despite emergency treatment efforts, he died in the early hours of March 6.

What the postmortem found

A postmortem examination conducted in the United Kingdom later found material in Ubiribo’s lungs that was consistent with the filler used during the cosmetic procedure. Medical experts told the inquest that the findings matched those of an earlier Thai autopsy.

The coroner subsequently concluded that Ubiribo died from a pulmonary embolism linked to the cosmetic treatment.

Growing concerns about cosmetic procedures abroad

The case has renewed discussions about the risks associated with elective cosmetic procedures, particularly those carried out overseas.

Medical experts have long warned that cosmetic enhancement procedures can carry serious risks, including infections, blood clots and other potentially fatal complications. Some enlargement techniques remain controversial because evidence regarding their safety and effectiveness is limited.

Thailand has become a major destination for medical tourism due to lower costs and a wide range of available procedures. However, health authorities have also carried out operations against unlicensed clinics and unsafe cosmetic practices in recent years.

Who was Igho Ubiribo?

Known to many followers as “Tiny,” Ubiribo had built a social media presence around his luxury lifestyle and business ventures. Reports indicate that he owned properties in both the United States and the United Kingdom and had a substantial following online.

His death has sparked reactions across social media, with many users expressing shock over the circumstances surrounding the incident.

Full story here: https://yaroinsider.ng/nigerian-british-businessman-dies-after-penis-enlargement-procedure-thailand/

Many social media posts claim there is a secret formula for becoming a “dangerous” or powerful person.

The advice often sounds simple:

Maintain eye contact.

Speak slowly.

Stay calm.

Dress well.

Reveal little about yourself.

While these habits can influence how others perceive you, psychologists say true confidence goes much deeper than body language tricks.

So why do people associate these behaviors with power?

Strong eye contact signals confidence

People who maintain appropriate eye contact are often viewed as more confident, trustworthy and self-assured.

Avoiding eye contact can sometimes be interpreted as nervousness, insecurity or discomfort.

However, experts warn that excessive staring can have the opposite effect and may come across as intimidating or aggressive.

Calm speech creates authority

Individuals who speak slowly and clearly often appear more confident than those who rush their words.

A calm voice suggests self-control and confidence in one’s message.

Many successful leaders, executives and public speakers intentionally slow down their speech to improve clarity and command attention.

Emotional control earns respect

People tend to admire those who remain composed during stressful situations.

Remaining calm under pressure can signal maturity, discipline and emotional intelligence.

However, being calm is not the same as hiding emotions entirely.

Healthy emotional expression remains important in personal and professional relationships.

Thinking before responding

Quick reactions can sometimes lead to poor decisions.

Many influential people develop a habit of pausing briefly before responding to questions or criticism.

This allows them to organize their thoughts and avoid emotional responses.

The goal is not to appear cold but to communicate more effectively.

Full story here: https://yaroinsider.ng/habits-people-mistake-for-confidence-and-power/

1. They only contact you when they need money

One of the biggest red flags is communication that revolves around financial requests.

They disappear for days.

Full article here: https://yaroinsider.ng/signs-someone-is-only-dating-you-for-money/

Federal Capital Territory Minister Nyesom Wike has said he would become one of the first political targets of opposition leaders Atiku Abubakar and Peter Obi if President Bola Tinubu fails to win re-election in 2027.

Wike made the remark during a media chat where he explained why he remains committed to supporting Tinubu’s bid for a second term despite being a member of the Peoples Democratic Party. According to him, his strong public backing for the president has placed him directly in the sights of political opponents.

The former Rivers State governor said he could not afford to be passive about the 2027 election because the outcome could have significant political consequences for him personally. He stated that if the president were to lose, opposition figures would likely come after him because of his prominent role in supporting the current administration.

Wike has emerged as one of Tinubu’s most vocal allies since joining the Federal Executive Council as FCT minister in 2023. His alliance with the president has continued to generate debate within the PDP, where some party members have questioned his continued support for an APC-led government.

The comments come as political activities ahead of the 2027 general election continue to gather momentum. Tinubu is expected to seek a second term, while Atiku Abubakar and Peter Obi remain among the leading opposition figures widely seen as potential challengers.

Political analysts say Wike’s statement highlights the deep divisions and rivalries that have shaped Nigeria’s political landscape since the 2023 election. His fallout with Atiku dates back to the PDP presidential primary, while his relationship with Obi has also been marked by political disagreements.

Although Wike framed the issue as political rather than personal, the remarks are likely to fuel further debate as parties position themselves for what is expected to be a fiercely contested presidential race.

As for now, the minister insists that supporting Tinubu’s re-election is both a political conviction and a matter of political survival.

Source: https://yaroinsider.ng/wike-if-tinubu-loses-atiku-obi-will-target-me/

Olofofo247ng:
@mod please move to front page. This is front page worthy. Our politicians and upcoming politicians need to reflect on this. We need to encourage writings like this.

yes o @mod try push to front page

Political power can appear permanent.

Convoys clear the roads. Security aides open doors. Crowds gather. Appointments are made with a single phone call.

But Nigerian political history shows that power can disappear faster than many expect.

Several politicians who once occupied some of the country’s most influential offices later found themselves facing criminal investigations, court battles, imprisonment, asset seizures or political isolation.

While not all lost everything financially, many experienced dramatic falls from power that transformed their public standing.

Joshua Dariye

Few political falls have been as dramatic as that of former Plateau State Governor Joshua Dariye.

Once regarded as one of the most powerful figures in Plateau politics, Dariye later became the subject of corruption investigations involving billions of naira.

After years of legal proceedings, he was convicted and sentenced to prison before later receiving a presidential pardon.

The case became one of Nigeria’s most notable anti-corruption prosecutions.

Jolly Nyame

The former governor of Taraba State was another prominent political figure whose career ended in legal troubles.

Nyame was convicted on corruption-related charges after a lengthy court process.

His conviction sent a strong message that even former governors could face prosecution years after leaving office.

Diepreye Alamieyeseigha[b][/b]

Known as the “Governor-General of the Ijaw Nation,” Alamieyeseigha once commanded enormous influence in Bayelsa State.

His political career collapsed after money laundering investigations in the United Kingdom and Nigeria.

He was eventually impeached as governor and became one of the most famous examples of a powerful politician brought down by corruption allegations.

James Ibori

At one point, James Ibori was considered one of the most influential politicians in the Niger Delta.

Although he remained politically influential in some circles, his conviction in the United Kingdom on money laundering charges significantly altered his public image and political trajectory.

His case attracted international attention and remains one of Nigeria’s most discussed corruption scandals.

Bode George

The former chairman of the Nigerian Ports Authority and influential PDP figure experienced a major setback when he was convicted and imprisoned over contract-related offences.

Although his conviction was later overturned by the Supreme Court, the episode marked a significant interruption in his political career.

Stella Oduah

The former aviation minister was once among the most visible members of the federal cabinet.

Procurement controversies and subsequent investigations placed her under intense public scrutiny.

While she remained active in politics, the controversies affected her public reputation and political standing.

Farouk Lawan

Farouk Lawan rose to national prominence during the fuel subsidy probe that captivated Nigerians.

His reputation suffered a major blow after allegations emerged that he accepted a bribe from a businessman involved in the investigation.

Years later, he was convicted, ending what many once considered a promising political career.

The lesson of political power

The stories of these politicians differ.

Some were convicted.

Some were imprisoned.

Some lost offices, influence or public trust.

Others remained politically relevant despite their legal troubles.

Yet they all illustrate a common reality of Nigerian politics.

Power is not permanent.

The influence that comes with public office often fades once the office itself is gone.

Political allies move on.

New leaders emerge.

Investigations that seemed unlikely suddenly gain momentum.

Public opinion shifts.

Why these stories still matter

Nigeria continues to debate accountability, corruption and governance.

Supporters of stronger anti-corruption measures often point to these cases as evidence that public officials should be held accountable regardless of status.

Critics, however, argue that prosecutions are sometimes selective or politically motivated.

Whatever position one takes, these cases remain important chapters in Nigeria’s democratic journey.

They serve as reminders that political influence does not always guarantee protection and that public office can bring scrutiny long after a politician has left power.

The bigger picture

As for every politician who leaves office quietly, there are others whose careers end in controversy, courtrooms or public disgrace.

Their stories continue to fascinate Nigerians because they reveal a truth often forgotten during election seasons:

Political power can open many doors, but it cannot always prevent the consequences that may follow after leaving office.

Source: https://yaroinsider.ng/nigerian-politicians-who-lost-everything-after-leaving-office/

Many people mistake jealousy for love.

It is not.

A partner who constantly checks your phone, monitors your movements, controls your friendships or becomes angry whenever you spend time with others may be displaying controlling behaviour.

What seems romantic during dating can become suffocating in marriage.

Different life goals

Love alone cannot solve major differences in life plans.

One person wants children.

The other does not.

One wants to relocate abroad.

The other wants to stay in Nigeria.

One values career growth above everything.

The other prioritises family life.

Ignoring these differences often creates long-term conflict.

Unresolved anger issues

Everyone gets angry.

The problem is how anger is expressed.

If your partner frequently explodes, threatens people, destroys property or becomes aggressive during disagreements, take it seriously.

Marriage brings stress, and unmanaged anger can become even more dangerous over time.

Lack of accountability

Some people are never wrong.

At least in their own minds.

They blame friends, family, coworkers and former partners for every problem.

If someone cannot accept responsibility for mistakes while dating, they are unlikely to start doing so after marriage.

Healthy relationships require accountability from both partners.

Family warning signs

Family should not choose your spouse.

However, completely ignoring genuine concerns from trusted relatives and friends can be risky.

The people closest to you sometimes notice patterns that love makes difficult to see.

Not every warning is valid, but not every warning should be dismissed either.

Full list here: https://yaroinsider.ng/biggest-red-flags-people-ignore-before-marriage/

When a new president, governor or local government chairman assumes office, a quiet scramble begins behind the scenes.

Phone calls are made.

Names are submitted.

Political allies lobby for positions.

Supporters remind leaders of sacrifices made during campaigns.

Across Abuja and state capitals, one question dominates private conversations:

“Who will get an appointment?”

For many Nigerians, political appointments remain one of the least understood aspects of governance. Yet every administration distributes hundreds, sometimes thousands, of positions worth billions of naira in salaries, allowances and influence.

Behind every minister, special adviser, board chairman and agency head is a political process that often begins long before the public announcement.

The appointment economy

Political appointments are among the most valuable rewards available in Nigerian politics.

Unlike elected offices, appointees do not need to contest elections.

They are selected by presidents, governors or other political leaders.

These appointments range from ministers and commissioners to board members, special assistants, agency heads and advisers.

Collectively, they form a vast political ecosystem that stretches across every level of government.

For many politicians, securing an appointment can be nearly as valuable as winning an election.

Who gets the jobs?

Officially, appointments are based on competence, experience and qualifications.

In reality, political observers say several factors often influence who gets selected.

Political loyalty

Perhaps the most important factor is loyalty.

Individuals who stood with a politician during difficult campaigns are often rewarded when victory comes.

Campaign coordinators, party leaders, strategists and influential supporters frequently expect appointments after elections.

In political circles, this is commonly described as “rewarding loyalty.”

Regional balancing

Nigeria’s diversity means appointments are rarely made without considering geography.

Presidents and governors often face pressure to ensure appointments reflect different states, regions, ethnic groups and religious communities.

A leader who concentrates appointments within a narrow circle risks political backlash.

This explains why governments frequently defend appointments by pointing to regional representation.

Political influence

Some appointments go to individuals with significant political networks.

Former governors, lawmakers, party leaders and influential political figures often recommend candidates for positions.

In some cases, the recommendation may carry more weight than the applicant’s résumé.

Technical expertise

Not every appointment is political.

Government agencies increasingly require professionals with specialised skills.

Economists, lawyers, engineers, doctors, security experts and financial analysts are often brought into government because of their expertise.

However, even highly qualified candidates frequently need political backing to secure top positions.

The battle for Abuja

Few places illustrate the appointment industry better than Abuja.

Following every presidential election, hotels, private residences and political offices become meeting grounds for politicians seeking appointments.

Lobbying intensifies.

Recommendations flood the presidency.

Political groups submit lists of preferred candidates.

Former office holders attempt comebacks.

Business leaders seek strategic placements.

The process can take months before final decisions emerge.

Why appointments matter

Appointments are not just about salaries.

They provide access.

An agency head controls budgets.

A board chairman influences decisions.

A minister oversees major projects.

A special adviser gains direct access to senior government officials.

In a system where influence often translates into opportunity, appointments can become powerful political assets.

This explains why competition for positions remains intense even when salaries are relatively modest compared to private-sector opportunities.

The criticism

Critics argue that political appointments sometimes prioritise loyalty over competence.

They claim this weakens institutions and reduces efficiency.

Others point to cases where individuals with limited experience are appointed to positions requiring technical expertise.

Supporters of the system counter that politics exists everywhere in the world and that elected leaders should have the right to choose people they trust.

The debate remains unresolved.

The hidden cost

Political appointments also come with financial implications.

Governments maintain large numbers of advisers, assistants, board members and political aides.

Critics argue that some positions duplicate responsibilities and increase public expenditure.

Supporters respond that modern governments require specialised personnel to function effectively.

The result is a recurring debate over whether Nigeria has too many political appointees and whether taxpayers receive sufficient value from them.

The bigger picture

Nigeria’s political appointment industry is about more than jobs.

It is about power.

Appointments shape who influences policy, controls resources and gains access to decision-makers.

They determine who sits at the table when major decisions are made.

For many politicians, winning an election is only the beginning.

The real contest starts afterward, when hundreds of appointments become available and thousands of hopefuls begin competing for a place within government.

That is why in Nigerian politics, some of the fiercest battles are fought not at the ballot box, but behind closed doors long after the votes have been counted.

Source: https://yaroinsider.ng/inside-nigerias-political-appointment-industr/

Nigeria’s political class has long been associated with expensive cars, large houses, private businesses, luxury events and lifestyles that appear far removed from the daily struggles of ordinary citizens.

But there is an important question Nigerians have every right to ask:

How much of a politician’s wealth can be explained by legitimate income, and how much requires closer scrutiny?

The answer cannot be found simply by looking at someone’s mansion or convoy. It requires examining salaries, allowances, business interests, declared assets and how those assets were acquired.

what politicians are legally required to declare

Nigeria’s Constitution requires public officers to declare their assets and liabilities. The Code of Conduct Bureau says declarations must cover assets and liabilities, including relevant properties, bank accounts, investments and business interests.

The requirement applies when an officer assumes office, at the end of a term and, for those in continuous government employment, at four year intervals. Declarations are also subject to verification by authorised CCB officials.

The law goes further.

Failure to comply can, upon conviction, result in removal from office, disqualification from public office or forfeiture of property acquired through abuse of office or dishonesty.

So the system is not supposed to operate on trust alone.

There is a legal mechanism for determining what public officials own and, where necessary, investigating whether those declarations are accurate.

but how much do politicians actually earn?

This is where the conversation becomes complicated.

Nigeria’s Revenue Mobilisation Allocation and Fiscal Commission is constitutionally responsible for determining remuneration for political office holders, including the President, governors, ministers and legislators.

RMAFC has also publicly clarified that figures circulating about lawmakers’ salaries and allowances are not always the same as the official remuneration package.

In August 2024, for example, the commission responded to reports that senators received a monthly running cost of ₦13.5 million in addition to a ₦750,000 monthly salary. RMAFC said the ₦750,000 figure represented the monthly salary prescribed by the commission, while also explaining the limits of its constitutional powers regarding implementation.

That distinction matters.

It is easy for social media figures to become accepted as fact even when they have not been independently verified.

the real question is not only salary

A politician does not necessarily become wealthy from political salary alone.

Some politicians entered politics as successful businessmen, lawyers, farmers, investors or entrepreneurs.

Others may inherit property or have legitimate investments accumulated before entering public office.

That means wealth by itself is not evidence of corruption.

The more important question is whether a public official’s assets can reasonably be explained by legitimate sources of income and whether the required declarations are truthful.

That is where transparency becomes critical.

why asset declarations matter

Imagine a public official entering office with a certain level of wealth and leaving with assets worth dramatically more.

That increase does not automatically prove wrongdoing.

There could be legitimate explanations.

A business could have grown.

Property values could have increased.

Investments could have generated returns.

An inheritance could have been received.

But if the increase cannot be explained, documented or reconciled with known legitimate income, that is when serious questions deserve answers.

The CCB says it has responsibility for receiving, examining, verifying and keeping asset declarations made by public officers.

That makes effective verification one of the most important parts of Nigeria’s accountability system.

the transparency problem

There is another issue.

Ordinary Nigerians often know what politicians claim to own, but may not have easy access to the underlying documentation needed to independently assess those claims.

The CCB says asset declarations are held in its custody and that the Constitution provides for their availability for inspection by Nigerian citizens on terms prescribed by the National Assembly.

That raises a fundamental question:

How effectively can citizens scrutinise the wealth of people exercising enormous public power?

Transparency is not about assuming every politician is corrupt.

It is about making it possible to distinguish legitimate wealth from unexplained wealth.

why Nigerians are angry

The anger becomes easier to understand when political luxury exists alongside economic hardship.

A worker struggling with rent may see a convoy of government vehicles.

A family struggling to afford food may watch politicians attend expensive events.

A young graduate unable to find a job may see political office holders surrounded by privileges.

The contrast can create the perception that public office is a pathway to personal enrichment.

Whether that perception is justified in every individual case is another question.

But government has a responsibility to make its finances transparent enough that citizens do not have to rely on suspicion.

wealth should come with answers

Nigeria does not need a system where politicians are automatically treated as guilty because they are wealthy.

It needs something more useful.

A system where wealth acquired by public officials can be explained, documented and independently verified.

The same standard should apply to everyone.

If a politician became wealthy before entering office, Nigerians should be able to understand the legitimate source.

If wealth was accumulated during office, there should be a clear record of how it was acquired.

If assets were declared, the declarations should be properly verified.

And if there are credible allegations of unexplained wealth, the appropriate institutions should investigate rather than allowing rumours to become convictions.

The uncomfortable truth is that the size of a politician’s house is not the evidence. The paper trail is.

Until Nigerians can easily follow that trail, the debate over political wealth will continue to be dominated by suspicion, leaked figures and social media claims.

And that is precisely why stronger transparency matters.

Fact First. Zero Filters.

Source: https://yaroinsider.ng/truth-about-nigerian-politicians-wealth/

Before he became a successful businessman, stockbroker and bestselling author, Chris Gardner was a homeless father struggling to keep himself and his young son alive.

His story later became the inspiration for the Hollywood film The Pursuit of Happyness, but the real journey was even more difficult than what audiences saw on screen.

a childhood shaped by hardship

Christopher Paul Gardner was born in Milwaukee, Wisconsin, in 1954.

His childhood was difficult. He grew up without the stability of a traditional family environment and experienced poverty and abuse. His mother also spent periods in prison, leaving Gardner to deal with circumstances that could easily have broken him.

Despite those experiences, Gardner developed an important determination early in life.

He did not want to repeat the cycle of abandonment and hardship he had experienced.

Years later, that determination would become one of the most important forces behind his success.

the red Ferrari that changed his life

In the early 1980s, Gardner was working in medical equipment sales when he encountered a man driving a red Ferrari.

Gardner approached him and asked what he did for a living.

The answer changed the direction of his life.

The man was a stockbroker.

Gardner became fascinated by the possibility of building a career in finance and decided that Wall Street was where he wanted to go.

There was only one problem.

He had no established career in finance and was already struggling financially.

But Gardner pursued the opportunity anyway.

when success looked impossible

Gardner eventually secured a place in a training programme with Dean Witter Reynolds.

The position was unpaid.

At the same time, his relationship had collapsed and he was responsible for his young son.

His financial situation became so severe that he and his son became homeless.

The father and son moved between shelters and temporary accommodation. On some occasions, they slept in public spaces, including a subway station bathroom.

Gardner was working during the day while trying to become a stockbroker.

He had almost no room for failure.

He needed to succeed because his son was depending on him.

That period became one of the defining chapters of his life.

he refused to quit

Gardner treated the unpaid internship as his opportunity to change his future.

He arrived early.

He stayed late.

He made calls.

He studied.

He competed against other trainees for a permanent position.

According to accounts of his journey, Gardner even found ways to maximise the number of potential clients he could contact during the day because he knew that his performance would determine whether he received a job.

Eventually, his determination paid off.

Gardner was selected for a full-time position.

For a man who had recently been sleeping in public facilities with his son, it was a turning point.

He had finally entered the industry he had dreamed about.

from employee to business owner

Gardner continued building his career in financial services.

He later joined Bear Stearns, where he established himself as a successful broker.

Then, in 1987, he took another major risk.

He founded Gardner Rich & Co., his own brokerage firm.

The company began on a relatively modest scale, with Gardner using about $10,000 in startup capital and working from his apartment.

The man who had once struggled to find somewhere to sleep was now building a company of his own.

his story became a movie

Gardner’s life eventually attracted international attention.

His memoir, The Pursuit of Happyness, became a bestseller and was later adapted into a Hollywood film starring Will Smith as Gardner and Jaden Smith as his son.

The deliberate misspelling of “Happyness” in the title came from Gardner’s real-life experience involving a childcare centre.

The film introduced his story to millions of people around the world.

But Gardner’s success was not simply about becoming wealthy.

His own biography describes his commitment to breaking the cycle of abandonment, poverty and abuse that had affected his childhood.

the lesson behind the wealth

It is easy to look at Gardner’s story and focus only on the money.

That misses the bigger picture.

He did not become successful overnight.

He spent years dealing with homelessness, financial pressure, parenting responsibilities and professional uncertainty.

His story is ultimately about persistence.

But there is another important lesson.

Hard work alone does not guarantee wealth.

Gardner had opportunities, people who helped him and circumstances that eventually allowed his efforts to produce results.

That is why his story should not be reduced to the simplistic message that anyone can become rich if they simply “work hard enough.”

His journey shows something more realistic.

Sometimes success begins with refusing to give up while continuing to look for the next opportunity.

from homelessness to a new life

Gardner eventually became a multimillionaire businessman, author and motivational speaker.

In 2006, he sold his stake in Gardner Rich in a multimillion-dollar transaction and went on to focus on other business and philanthropic activities.

Today, his name remains closely associated with resilience and overcoming adversity.

His story continues to resonate because the starting point was so different from the ending.

There was a time when Gardner was sleeping wherever he and his son could find safety.

There was a time when he had almost nothing.

But he kept moving.

And eventually, the man who once had nowhere to sleep became the businessman whose life story inspired one of Hollywood’s most famous stories about perseverance.

Chris Gardner’s journey is a reminder that sometimes the chapter that looks like the end of your story is only the beginning of the one that changes everything.

Source: https://yaroinsider.ng/chris-gardner-from-homelessness-to-wealth/

For more than a decade, Nigeria has poured enormous resources into the fight against terrorism, banditry, kidnapping and violent crime.

Successive governments have increased defence and security budgets year after year. In 2026 alone, the federal government allocated ₦5.41 trillion to defence and security, making it the largest sectoral allocation in the national budget.

Yet despite the spending, millions of Nigerians continue to live under the threat of attacks by terrorists, bandits and kidnappers.

The question many citizens are now asking is simple: can Nigeria account for every naira spent fighting insecurity?

The money keeps increasing

Security has become one of the biggest consumers of public funds in Nigeria.

According to budget documents and public records, defence spending has risen dramatically over the years as governments sought to tackle Boko Haram, ISWAP, banditry, mass kidnappings, farmer-herder conflicts and other security threats. Analysts estimate that roughly ₦33 trillion has been allocated to the security sector between 2012 and 2026.

Government officials argue that such spending is necessary because Nigeria faces multiple security crises across different regions.

Military operations require aircraft, armoured vehicles, weapons, intelligence systems, troop allowances, logistics support and surveillance technology.

Why are Nigerians still asking questions?

The concern is not simply about how much is spent.

It is about what the spending has achieved.

Despite record allocations, insecurity remains widespread. Reports show thousands of Nigerians continue to be killed, abducted or displaced by violent groups each year. Lawmakers have openly questioned why increasing security budgets have not produced corresponding improvements in public safety.

Some senators have even called for a comprehensive audit of defence spending to determine whether funds allocated to security agencies have been properly utilised.

The transparency problem

One of the biggest obstacles to accountability is secrecy.

Security operations often involve classified information that cannot be fully disclosed to the public.

However, governance experts argue there is a difference between operational secrecy and financial accountability.

While military plans may need protection, questions remain about procurement processes, contract awards, project execution and whether allocated funds achieve measurable results. Researchers have warned that large portions of security spending remain difficult for the public to scrutinise because of limited transparency and oversight mechanisms.

The security vote debate

The controversy extends beyond federal defence spending.

State governments collectively allocate hundreds of billions of naira through security votes and related security expenditures.

Critics argue that these funds often lack detailed public breakdowns, making it difficult to determine how effectively they are used. Studies have found that rising security allocations at state level have not always translated into improved security outcomes.

Supporters of security votes maintain that governors require flexible funding to respond quickly to emerging threats.

The debate over transparency versus operational flexibility remains unresolved.

Is the issue money or management?

A growing number of policy experts believe Nigeria’s security challenge is no longer primarily a funding problem.

Instead, they point to issues such as corruption, weak oversight, poor intelligence coordination, procurement inefficiencies and institutional weaknesses.

Several policy studies have concluded that increasing allocations alone will not solve insecurity unless spending is linked to measurable outcomes and stronger accountability systems.

The bigger question

Can Nigeria account for every naira spent fighting terrorism and banditry?

The honest answer is that public accountability remains incomplete.

Budgets are published. Allocations are announced. Some oversight mechanisms exist.

But experts, lawmakers and civil society groups continue to demand greater transparency regarding how funds are spent, what results are achieved and whether taxpayers are receiving value for one of the largest areas of government expenditure.

Until Nigerians can clearly connect trillions spent on security to measurable improvements in safety, the questions will continue.

Not because the country spends too little.

But because many citizens are still waiting to see whether the money is delivering the security they were promised.

Source: https://yaroinsider.ng/can-nigeria-account-for-every-naira-spent-fighting-terrorism-and-banditry/

As for millions of Nigerians, these everyday expenses have become a constant struggle.

While official figures show that Nigeria’s national inflation rate has eased compared to previous highs, the reality on the ground tells a different story. In many states, households continue to face severe cost-of-living pressures as food prices, transportation costs and essential goods remain beyond the reach of many families.

The National Bureau of Statistics data reveals a striking reality: where you live in Nigeria can significantly determine how expensive life feels.

The states under the most pressure

Recent inflation figures show that some states are experiencing price increases far above the national average.

Adamawa currently ranks among the hardest-hit states, recording the highest inflation rate in the country. Food inflation in the state has been particularly severe, placing enormous pressure on household budgets.

Other states facing significant cost-of-living challenges include:

Adamawa
Yobe
Anambra
Delta
Abia
Bayelsa
Akwa Ibom
Zamfara
Katsina
Bauchi
These states have recorded some of the highest inflation levels in the country, meaning residents are experiencing sharper increases in the prices of goods and services than many other Nigerians.

Why are some states suffering more than others?

Several factors are driving the differences.

Insecurity

In many northern states, insecurity continues to disrupt farming activities and supply chains.

When farmers cannot safely access their farms or transport goods to markets, food supplies fall and prices rise. Security challenges have been repeatedly identified as a major contributor to inflation in several states.

Transportation costs

Nigeria’s transportation system remains heavily dependent on road networks.

When fuel prices increase or transportation routes become more difficult due to insecurity or poor infrastructure, the cost of moving goods rises. Those costs are eventually passed on to consumers.

Food inflation

Food remains the biggest expense for most Nigerian households.

States such as Adamawa, Katsina and Zamfara have recorded some of the highest food inflation rates in the country, meaning residents spend a growing share of their income simply feeding their families.

The surprising states on the list

One of the most striking developments is that both northern and southern states appear among the most affected.

States such as Delta, Bayelsa, Akwa Ibom and Anambra have recorded significant inflationary pressures despite being located in regions often viewed as economically active.

Even Lagos, Nigeria’s commercial capital, has experienced elevated inflation levels at various points during the year, highlighting how widespread the cost-of-living challenge has become.

What this means for ordinary Nigerians

Behind every inflation statistic is a household making difficult choices.

Some families are reducing the number of meals they eat each day. Others are cutting healthcare expenses, postponing education plans or abandoning savings altogether.

For workers whose salaries have not kept pace with rising prices, the challenge is even greater.

The result is a growing gap between incomes and living costs, particularly in states experiencing the highest inflation rates.

The bigger question

Nigeria’s inflation figures may be improving on paper, but millions of citizens are still waiting to feel the difference in their pockets.

For many families, the real test is not whether inflation falls by a few percentage points.

It is whether they can afford food, transportation, rent and basic necessities without slipping deeper into financial hardship.

Until that happens, the cost-of-living crisis will remain one of the most important issues facing Nigerians across the country.

Source: https://yaroinsider.ng/states-where-nigerians-are-struggling-most-with-cost-of-living/

If a young Nigerian had the opportunity to relocate to Canada, the United Kingdom, Australia, Germany or the United States, they took it.

The word “JAPA” became more than a slang expression. It became a life plan.

From university campuses to corporate offices and social media platforms, conversations increasingly revolved around visa applications, foreign jobs, relocation agents and life abroad. Researchers describe the JAPA phenomenon as a survival strategy driven by economic hardship, insecurity, inflation and frustration with domestic opportunities.

But in 2026, the conversation is changing.

The question is no longer simply, “How do I leave?”

For many young Nigerians, the new question is, “Should I still leave?”

Why so many want to JAPA

The reasons remain powerful.

High living costs, unemployment, insecurity, unstable electricity, currency depreciation and concerns about long-term career growth continue to push many young professionals toward migration. Studies of the JAPA phenomenon consistently identify economic uncertainty, better living standards and career opportunities as major motivations.

Many graduates also worry about spending years building careers that may not provide financial stability.

For doctors, nurses, engineers, software developers and other skilled professionals, opportunities abroad often appear more attractive than those available locally.

Some see migration as an investment in their future.

Others see it as an escape from a system they no longer trust. Research has found that many young Nigerians describe migration not as a luxury but as a necessity for survival and stability.

Why some are choosing to stay

Yet not everyone is rushing for the airport.

A growing number of young Nigerians are questioning whether life abroad is as straightforward as social media makes it appear.

Rising housing costs in major Western cities, stricter immigration rules, employment challenges and the emotional toll of starting over have caused some people to reconsider. The “JAPA” dream is increasingly being weighed against the realities migrants face after relocation.

At the same time, remote work has created new opportunities.

Software developers, designers, writers, marketers and digital entrepreneurs can now earn foreign income while remaining in Nigeria.

Some young professionals argue that earning in dollars while spending in naira can provide advantages that are difficult to replicate abroad.

Others believe Nigeria still offers opportunities for entrepreneurship that are harder to find in more regulated economies.

The hidden cost of leaving

Migration is not free.

Many families spend millions of naira on tuition, visa applications, travel expenses and settlement costs.

Some sell land, vehicles or family assets to finance relocation.

For those who succeed, the investment may pay off.

For others, the reality can be far more difficult than expected.

Researchers studying migration trends found that career prospects, security and economic concerns are usually stronger motivations than social media displays of luxury lifestyles.

What young Nigerians are really choosing

The truth is that there is no single answer.

Some young Nigerians are actively planning to leave.

Others are building businesses, careers and investments at home.

Many are keeping both options open.

What has changed is that the debate is becoming more nuanced.

A few years ago, JAPA was often presented as the obvious solution.

Today, more young people are asking tougher questions:

Can I build wealth in Nigeria?
Will I have a better quality of life abroad?
Is migration worth the financial sacrifice?
What opportunities am I leaving behind?
What happens if immigration policies change?
The future of the JAPA generation

Nigeria’s greatest challenge may not be the number of people leaving.

It may be the reasons they want to leave.

Studies continue to identify unemployment, inflation, insecurity and weak public institutions as key drivers of migration intentions among young Nigerians.

If those conditions improve, experts believe many skilled Nigerians abroad could eventually return or invest more heavily at home.

For now, the JAPA conversation is no longer simply about leaving.

It is about opportunity.

And until more young Nigerians believe they can achieve their ambitions at home, the question of whether to JAPA or stay will continue to dominate conversations across the country.

Source: https://yaroinsider.ng/japa-or-stay-what-young-nigerians-are-really-choosing/