₦airaland Forum

omoadeleye:
So there are people using CNG but we all claim that no one is using CNG,


It's only when government correct price that's when we always know that there are lots of you using the products.

LagosOrigin:
While helinues and yarimo are hating on this man, the most respected king of yoruba land is paying him a visit .

Eze Ndigbo of Ghana is indeed a great man

Kobicove:
Do we even have a standard automobile race track in Nigeria?

flokii:
See what LG Chairman is doing in Lagos.. whereas a certain former Governor wasted 8 years doing nothing in his home State, not a single road, no flyovers, no schools, no toilet, nothing built throughout his wasted years as Governor. The stale rhetoric of 'go and verify' shows all round failure.
Another short one is busy commissioning 10km of roads and making noise, something LG Chairmen ought to be doing..

Kudos to Lagos and better by far Yoruba people.

Part of the Agricultural Equipments Commissioned by President Bola Ahmed Tinubu under the Renewed Hope Agricultural Mechanization Programme are

2000 tractors
9,072 implements
500 80HP tractor 2 wheel drive
500 80HP tractor 4 wheel drive
500 90HP 2 wheel drive
500 90HP 4 wheel… pic.twitter.com/cXVQzMkbwz

— Daddy D.O🇳🇬 (@DOlusegun) June 23, 2025

Part of the Agricultural Equipments Commissioned by President Bola Ahmed Tinubu under the Renewed Hope Agricultural Mechanization Programme are

2000 tractors
9,072 implements
500 80HP tractor 2 wheel drive
500 80HP tractor 4 wheel drive
500 90HP 2 wheel drive
500 90HP 4 wheel drive
58 Disc Ploughs
330 Disc Harrows
174 Disc Ridgers
294 Tractor Trailers
84 Seed Drills
64 800 L Boom Sprayers
10 Combine Harvesters
2533 Sets of Spare Parts

Part of the Agricultural Equipments Commissioned by President Bola Ahmed Tinubu under the Renewed Hope Agricultural Mechanization Programme are

2000 tractors
9,072 implements
500 80HP tractor 2 wheel drive
500 80HP tractor 4 wheel drive
500 90HP 2 wheel drive
500 90HP 4 wheel… pic.twitter.com/cXVQzMkbwz

— Daddy D.O🇳🇬 (@DOlusegun) June 23, 2025

1 Imo —🔴₦2.34bn,🟢₦21.84bn, +834%
2 Taraba —🔴₦2.33bn,🟢₦18.44bn, +691%
3 Cross River —🔴₦2.65bn,🟢₦19.70bn, +643%
4 Abia —🔴₦2.92bn,🟢₦19.62bn, +571%
5 Zamfara —🔴₦3.77bn,🟢₦20.62bn, +447%
6 Katsina —🔴₦5.96bn,🟢₦26.18bn, +339%
7 Enugu —🔴₦4.96bn,🟢₦20.77bn, +319%
8 Gombe —🔴₦4.61bn,🟢₦18.85bn, +309%
9 Kebbi —🔴₦5.13bn,🟢₦20.75bn, +304%
10 Bauchi —🔴₦6.30bn,🟢₦23.84bn, +278%
11 Niger —🔴₦5.97bn,🟢₦22.35bn, +274%
12 Plateau —🔴₦5.55bn,🟢₦20.68bn, +272%
13 Osun —🔴₦5.95bn,🟢₦21.23bn, +257%
14 Kaduna —🔴₦8.12bn,🟢₦27.02bn, +233%
15 Yobe —🔴₦5.81bn,🟢₦18.94bn, +226%
16 Ogun —🔴₦7.20bn,🟢₦22.04bn, +206%
17 Ondo —🔴₦7.14bn,🟢₦21.42bn, +200%
18 Borno —🔴 ₦7.87bn,🟢₦23.02bn, +192%
19 Kogi —🔴₦7.33bn,🟢₦21.12bn, +188%
20 Nasarawa —🔴₦7.05bn,🟢₦18.15bn, +157%
21 Ebonyi —🔴₦7.43bn,🟢₦18.83bn, +154%
22 Adamawa —🔴₦9.12bn,🟢₦21.13bn, +132%
23 Anambra —🔴₦10.73bn,🟢₦23.44bn, +118%
24 Jigawa —🔴₦11.22bn,🟢₦23.85bn, +113%
25 Sokoto —🔴₦10.88bn,🟢₦22.45bn, +106%
26 Ekiti —🔴₦10.17bn,🟢₦19.63bn, +93%
27 Benue —🔴₦12.36bn,🟢₦23.70bn, +92%
28 Kano —🔴₦22.97bn,🟢₦35.86bn, +56%
29 Akwa Ibom —🔴₦16.08bn,🟢₦23.59bn, +47%
30 Kwara —🔴₦14.43bn,🟢₦20.17bn, +40%
31 Delta —🔴₦20.04bn,🟢₦24.47bn, +22%
32 Edo —🔴₦20.73bn,🟢₦22.71bn, +10%
----
----
Less
1 Lagos —🔴₦819.62bn,🟢₦138.53bn, -83%
2 Rivers —🔴₦278.23bn,🟢₦60.27bn, -78%
3 Oyo —🔴₦79.78bn,🟢₦35.34bn, -56%
4 Bayelsa —🔴₦27.26bn,🟢₦20.44bn, -25%

🔴Contribution 🟢Received, %Difference

Imo State, which receives 834% more, while Lagos gets 83% less than what it contributed to VAT.

#Statisense
(FAAC)

Sanwo-Olu accuses Peter Obi of lacking the moral right to criticise Nigeria’s poverty situation, citing his poor record in Anambra.
In a rare intervention, the governor of Lagos state, Babajide Sanwo-Olu, Sunday, took on the presidential candidate of Labour Party (LP) in the 2023 general election, Peter Obi, claiming the former Anambra State governor lacks the moral right to talk about poverty in Nigeria.

In a statement he personally signed, titled, “Factually Addressing Mr. Peter Obi’s Criticism of Nigeria at Johns Hopkins University,” Sanwo-Olu accused Obi of contributing to the current poverty in the country, and alleged that under him as governor in Anambra State, the menace grew astronomically.

During his remarks at Johns Hopkins University, Obi had drawn a comparison between Nigeria, China and Vietnam in the area of poverty, stressing that Nigeria, with about 50 million poor people, had the least number of people in poverty in 1990 than any of the three countries.

Obi argued, “The question then is, what exactly did these countries do to be able to achieve the desired growth and development? That is where political leadership comes in.

“These comparable nations, and, indeed, other progressive nations, unlike Nigeria, have competent leadership with character, capacity and compassion, committed to prioritising investment in critical areas of developmental measures: education, health, and pulling people out of poverty.”

But Sanwo-Olu said Obi not only de-marketed Nigeria by openly “denigrating” the country abroad, but also made statements that he had no moral standing to make.

The Lagos State governor stated, “On Thursday, April 24, 2025, former Governor Peter Obi, the Labour Party presidential candidate for the 2023 election, was at Johns Hopkins University in Baltimore, Maryland, where he made several disparaging comments about Nigeria.

“He made unflattering remarks not just about the incumbent Nigerian government, but also about Nigeria. I also find Mr. Obi’s pattern of behaviour disturbing. When prominent Nigerians go overseas, they ought to project Nigeria positively

. “They do not have to do that for the government. But we all owe a duty to market Nigeria on the global stage rather than de-market her. That is what true patriotism is about.”

Sanwo-Olu stated that because Obi focused on poverty and said the current administration’s policies were making Nigerians poorer, he will concentrate on that.

He stressed that any leader could fight poverty generationally by promoting education, improving healthcare, providing credit, and granting access to land.


According to Sanwo-Olu, “Now, I find it somewhat ironic that a man like Mr. Obi, who did not build a single school or a stand-alone hospital throughout his eight-year tenure as governor of Anambra or sustainably provide credit facilities, would criticise the government of Nigeria, which is actively doing that.

“I say this because the president of Nigeria, President Bola Ahmed Tinubu, is my predecessor, and as governor of Lagos and now President of Nigeria, has built over 200 schools and provided student loans to more than 200,000 undergraduates of Nigerian tertiary institutions.


“In less than two years, he has provided over half a billion dollars in credit facilities to small and medium-scale enterprises.”

While he was governor of Lagos State between 1999 and 2007, Sanwo-Olu said Tinubu reduced poverty by more than 46 per cent, and explained that there was every reason to believe that based on what he did as governor of Lagos, he will repeat the same feat at the federal level.


“After all, the best predictor of the future is the past,” he wrote.

The governor alleged, “But let us examine the messenger, not just the message, and look at the issuer as well as the issues. Mr. Obi talks a good game. But was he able to reduce poverty while he governed Anambra? Perhaps we can let the facts speak for themselves.

“Under Peter Obi as a two term Anambra Governor, poverty in Anambra increased. It did not reduce. Before Peter Obi became Anambra Governor on Thursday, June 14, 2007, the poverty rate in Anambra was 41.4 per cent.


“But after only two years in office, the poverty rate in Anambra jumped to 53.7 per cent. But the interesting thing is that five years after Peter Obi left office, his successor, Willie Obiano, reduced the poverty rate in Anambra from almost 60 per cent to 14.8 per cent.

“As such, I am not sure that Mr. Obi is morally well placed to make the alarming claims he made about Nigeria at Johns Hopkins. Mr. Obi contributed to the increase in poverty in Nigeria. Governor Tinubu, as he then was, was responsible for lifting millions out of poverty. Being that that is the case, who should criticise who?”

NothingDoMe:
One dey go up another one dey come down. Agbadonomics pyramid structure of repayment. 😅

johnog4sure:
I like good news

Q2 2023 — $3.26 billion
Q4 2024 — $800.23 million

#Statisense
(DMO)

Decidetolive:
Trump has the final say

The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in public debt which arose to N142 trillion.

In a statement issued by the DMO on Monday, the agency said the actual total public debt as of June 30, 2023 after President Tinubu took office stood at N87.38 trillion.

President Tinubu took office on May 29, 2023.
The DMO clarified that the figure includes the external and domestic debt of the Federal Government of Nigeria (FGN), the 36 states, and the Federal Capital Territory (FCT).

“As a matter of fact, the Total Public Debt Stock as at June 30, 2023, which was the first published debt data after President Bola Ahmed Tinubu assumed office (on May 29, 2023); was N87.38 trillion, and not N21 trillion as reported in the media. Furthermore, it should be noted that the Total Public Debt published by the DMO comprises the External and Domestic Debt, not only of the Federal Government of Nigeria (FGN), but also of the thirty-six (36) States and the Federal Capital Territory,” [/b]the statement read.


Misrepresentation of Debt Figures
The DMO’s clarification comes in the wake of widespread misreporting on Nigeria’s debt profile.

[b]Some media outlets had earlier published that the country’s debt stock stood at N21 trillion, creating confusion about the actual state of public debt inherited by the current administration.

The agency emphasized the importance of relying on verified data from official publications to avoid the spread of misinformation, particularly on critical issues such as public debt.

The Debt Management Office (DMO) wishes to notify the general public that the news headline circulating in the media titled, ‘How Nigeria’s Debt Rose from N21 trillion to N142 trillion under Tinubu’ is inaccurate”, it said.

Understanding Nigeria’s Debt Profile
The clarified N87.38 trillion debt stock reflects a more comprehensive assessment of Nigeria’s public debt, capturing obligations across all tiers of government.
The debt figure comprises both external borrowings from international financial institutions and domestic debt instruments such as bonds and treasury bills.
Analysts note that addressing the growing debt burden will require strategic measures to boost revenue, reduce wastage, and improve debt sustainability.


Rising Debt Service Burden

Nigeria’s debt servicing obligations continue to rise amid the country’s growing external debt profile.
Payments to multilateral creditors alone, such as the IMF and World Bank, represented 88.2% of the total expenditure in Q3 2024. Bilateral creditors, particularly China, accounted for the remaining 11.8%.
Nigeria spent $712,663,738.33 servicing multilateral debts, with the principal repayments standing at $593,875,221.94, interest payments at $117,687,033.80, and other charges totaling $1,101,482.59.
Key beneficiaries in this category include:
International Monetary Fund (IMF): $406,975,201.79
International Development Association (World Bank): $218,770,714.58
African Development Fund: $62,863,863.90
African Development Bank: $14,843,345.92
Islamic Development Bank: $2,667,950.12
This debt service burden reflects the financial pressures on Nigeria’s public finances as the country grapples with declining revenue streams and significant expenditure commitments.

In the Federal Government’s 2025 budget currently before the National Assembly, President Tinubu’s administration plans to spend N16. 327 trillion on its debt obligations, out of the proposed expenditure of N49.7 trillion.

The DMO said that the recent successful issuance of $2.2 billion Eurobonds on the international capital markets, which received subscriptions exceeding $9billion, was a demonstration of investor confidence in the nation’s instruments.

Skooltynz:
Omo lagos dey really help southwest ooo

1. SOUTH WEST
Contributed: N3.11trn
Received: N849.71bn (27.4%)

2. SOUTH SOUTH
Contributed: N1.08trn
Received: N543.49bn (50.3%)

3. NORTH WEST
Contributed: N211.27bn
Received: N574.32bn (271.8%)

4. NORTH EAST
Contributed: N174.50bn
Received: N411.84bn (236%)

5. NORTH CENTRAL
Contributed: N154.54bn
Received: N408.66bn (264.4%)

6. SOUTH EAST
Contributed: N101.09bn
Received: N341.46bn (337.8%)

<Agora Policy, FAAC>

#TheCableIndex