Red Cap Chief

Local Chief | Influencers are Idiots | Anioma state Advocate💯

[Red Cap Chief @007burch]

When whatever you are doing starts paying; keep a low profile, remain humble and grateful. Your gifts and blessings are meant to advance your life and course, not impress strangers.

[Paul Ibe @omonlakiki]

For those who are not privy to the July 1 IMF reporting on Nigeria, this is the full report of the @Reuters news story that broke the news that the Tinubu-led APC administration was spending 8.8 Trillion, an equivalent of 2% of our GDP outside is unrecorded, meaning that they're running a shadow economy.

The response of the Federal Government (like it was in the case of #GbajaGate and the insertion of N1.3bn in the 2026 Budget of an agency and Director General they claimed are phantom), has raised more questions than answers. The level of criminality going on in the Tinubu government is beyond measure.
👇👇👇

Nigeria's unreported spending equals 2% of GDP, IMF official says

By Reuters

LAGOS, July 1 (Reuters) - Nigeria had about 2% of GDP worth of public spending not recorded in recent official budgets, creating a ​gap between its reported deficit and actual financing needs, ‌IMF resident representative in Nigeria Christian Ebeke said on Wednesday.

The discrepancy means the country's fiscal deficit appears smaller than the level of borrowing, ​because some capital spending was not included in budget ​documents or implementation reports.

These unreported expenditures are linked ⁠in part to large government projects carried out off-budget, distorting ​assessments of Nigeria’s fiscal stance and public investment levels, Ebeke told ​business executives in Lagos.

"So far we think that there are about 2% of GDP of expenditure that were not reported that should be reported ​and should be recorded, so that this statistical discrepancy ​will disappear," said Ebeke.

The lack of full reporting can also complicate coordination between ‌fiscal ⁠and monetary policy, as policymakers may not have a clear picture of the true deficit, he added.

Ebeke said Nigerian authorities have begun addressing the issue by repealing and revising recent ​budget laws to ​incorporate previously unrecorded ⁠spending, though updated implementation reports are still needed.

He added that improving transparency is critical, noting ​that off-budget spending raises concerns about procurement processes ​and ⁠oversight.

In its latest Article IV review, the IMF praised Nigeria's sweeping reforms, saying they had strengthened economic stability and investor confidence, but ⁠warned ​that the benefits had yet to ​reach millions of citizens and could be undermined by global shocks, including the ​Middle East conflict.
https://t.co/oOiY85iFdJ

[Red Cap Chief @007burch]

@instablog9ja Hajia, eez OK.

Baba came, saw and ruined. Allow him to rest in peace, without dragging.

[Rita Sunshine @1RitaSunshine]

My mum is dying, please help retweet😩🙏

[Pat Utomi @UtomiPat]

Impunity and disregard of decent order has become our way. When Yaradua was dying people lied and governed in his name. They did the same with Buhari. They are doing so again. This is high treason. This is why I say nobody over 70 should run for office. I am 70

[Ngozi Okonjo-Iweala @NOIweala]

Enjoy some lovely videos of Nigerian masquerade and dancers at the @wto Open Day.

[Red Cap Chief @007burch]

@MusicConnoisseu Dem arrange this babe for my boy?😞😤

[Pat Utomi @UtomiPat]

Many I spoke to in the last 3 days are stunned by the impunity of fiscal rascality of those running Nigeria revealed by the IMF. I am scandalized that they are shocked. The trouble of Nigeria is not that bandits hijacked the state but that we watched it happen. Complicit elite

[Red Cap Chief @007burch]

@ambuikem Trash something

[Red Cap Chief @007burch]

@FabrizioRomano Onana is also one of the best goalkeepers in the world. The Man U set up, at the time, made him (and a lot of others) look bad.

[Red Cap Chief @007burch]

Only God knows the level of their highness.

[GYATA BA🦁 🇬🇭🇬🇧 @Gyata_Ba_]

The Cherubim and Seraphim, as described by Ezekiel and Isaiah in Scripture.

Truly glorious. 😊✨

[‏ً @omgsidewalks]

I still CANNOT believe humans were gifted a planet full of trees, fruit, water, animals and sunshine and then they invented debt, capitalism and war.

[charles aniagolu @charlesaniagolu]

I don’t interview guests to embarrass them. I interview them to test arguments. If an explanation can’t withstand scrutiny, the public deserves to know.

Comparing a fake agency scandal - along with a governance breakdown involving official institutions - to 9/11 isn’t an answer, it’s a distraction.

9/11 was a catastrophic terrorist attack. What Nigerians are asking about is institutional accountability. Those are not the same conversation. When we blur them, we don't illuminate the truth - we detract from it. There's a difference between explaining a failure, and excusing one.

Thank you to everyone who reached out. It’s clear many of us still believe in one simple thing: asking hard questions, and refusing to let bad analogies replace accountability.

Journalism isn't about winning arguments. It's about refusing to let bad arguments replace accountability. That’s the job!

[Red Cap Chief @007burch]

@conjaigwe @aproko_doctor Better listen, quit smoking, get treated and start breathing fresh air.

Na so people dey do until it is too late.

[Chidi Anselm Odinkalu, CGoF @ChidiOdinkalu]

This piece by @BabafemiOjudu on corruption & racketeering in federal appointments in #Nigeria is deserving of your attention.

https://t.co/Jy8I1LvnIM

[MS.JAZZY @MsJazzybelle]

The dad said “pick that shxt up” and he did lmao.. I know mom meant well, but this is EXACTLY how weaponized incompetence starts

[Peter Obi @PeterObi]

Grand Corruption: Nigeria’s Greatest Threat.

The recent report from the IMF consultation further raises concerns about the scale of grand corruption under the Tinubu government. The IMF now reveals that about N8.83 trillion in expenditure undertaken in 2025 is not reflected in the budget. This expenditure is not budgeted and is therefore not under legislative oversight or administrative scrutiny. This is horrible.

N8.83 trillion is as follows:

1.About 2% of our GDP.

2.Over 35% of Nigeria’s 2025 N23.96 trillion capital project budget. In fact, the amount is more than the actual released capital funding for 2025.

https://t.co/Hta3LViCB8 is more than the entire combined budget for education (N3.52 trillion) and health (N2.38 trillion).

If such an amount is properly used and accounted for, it could transform Nigeria’s public health and education sectors. It could create hundreds of cottage industries that can provide jobs for thousands of graduates and build a solid foundation for economic development. But we cannot account for it. This is not an isolated incident.

This is a pattern of grand corruption that has become part of this administration.
We have a lot to worry about regarding the state of corruption under President Tinubu. The sort of corruption that is ingrained in total disregard of elementary rules of public finance management poses a grave danger to national security and the stability of the Nigerian state. The capture of the Nigerian state and the plunder of its resources are actions that undermine the basis of state stability and deepen poverty and state failure.

This recent revelation proves that the APC government is grossly corrupt, incompetent, and insensitive. With the growing poverty and the urgent need for significant upgrades to social and physical infrastructure, a responsible and responsive government would ensure that N8.83 trillion is prudently utilised to address these gaps. But not the Tinubu administration.

A few days ago, I called on President Tinubu to resign from office for incompetence, lack of capacity, lack of compassion, and failure to improve on his campaign promises. Some people thought perhaps the call was excessive. But with the daily revelations of pervasive corruption in this administration and its total lack of commitment to the welfare and security of Nigerian citizens, the only reasonable action is for President Tinubu to resign from office. The collapse of elementary forms of due process under Tinubu and the increased evidence of rampant looting of Nigerian public finances reinforce the need for greater accountability. It is now time for Nigerian citizens to rise within the law and hold this administration to account.

A New Nigeria is POssible. -PO

[Red Cap Chief @007burch]

@Tspiceskitchen This post right here is why I try very hard not to eat outside my residence.

How and where food is made is more important than the outcome.

[Red Cap Chief @007burch]

So it is looking like a France vs Argentina/Mexico final.

[Pharm. Bola @DehinsiluBola]

DON'T COMBINE:

-Postinor 2 + antimalaria drugs (artemether-lumefantrines like coartem)

-Postinor 2 + HIV or Tuberculosis drugs

-Oil lubricants + condoms

-Metronidazole (Flagyl) + Alcohol

- Diclofenac + Ibuprofen

- Omeprazole + food

-Antimalaria drugs + empty stomach

- Poor sleep + coffee

-Milk + antibiotics like ciprofloxacin, levofloxacin or tetracycline

-Loratidine + Erythromycin

-Loratidine+ piriton

-Antimalarials + vitamin c tabs

-Diclofenac + Blood pressure medicines

- Loratidine + cimetidine

-Paracetamol + Cold/Flu medicines

- Ibuprofen + Warfarin

- Diclofenac + Warfarin

- Aspirin + Ibuprofen (without proper timing)

-Antimalaria + propanolol

-Paracetamol + Carbamazepine

-Ibuprofen + Blood pressure medicines

-Antacids + Tetracycline

-Antacids + Ciprofloxacin

-Calcium supplements + Iron tablets

Unless supervised by a doctor for a specific objective, don't combine any of these on your own.

REPOST FOR OTHERS, SAVE THIS FOR LATER!

[Red Cap Chief @007burch]

Hollywood stars donate to and help raise money for candidates they support in elections. Their Nollywood counterparts retire to a life of endorsing candidates for money, serving politicians and being a nuisance.