I join Peter Obi in calling for the Grand Master of Corruption, Bola Ahmed Tinubu to resign.
Asiwaju, you have wrecked enough damage.
@officialABAT has become a threat to the corporate existence of Nigeria. He has exported his Alpha Beta opacity to national. Seyi papa spent roughly ₦9 trillion without appropriation.
Zero accountability.
No legislative oversight whatsoever.
The money grew wings & flew away.
A man who surrounds himself with Abubakar Atiku Bagudu & Gilbert Chagoury (men who were General Abacha’s bagmen) cannot be trusted with the public finances of Nigeria.
Chagoury is the owner of HITECH, the company in charge of the Lagos-Calabar Coastal Road.
So far, HITECH has received almost $15 billion worth of contracts from Asiwaju. Including the latest $516.33 million syndicated Federal Government loan for the Sokoto-Badagry road.
The loan was sourced from Deutsche Bank AG & it’s supported by a partial risk guarantee from the Islamic Development Bank's insurance arm.
Inflation is mad, cost of living is killing the living. Nigerians are asked to endure & tighten their belts. You are asked to sell akara, agbado, & kulikuli. In the meantime, Nigeria’s balance sheet is becoming more & more untidy:
Debt-to-GDP Ratio is 52.9%.
Total Public Debt is ₦159.28 trillion.
Total External Debt is $51.86 billion.
2026 Projected Debt Service is ₦15.5 trillion to ₦16 trillion, or approximately $11.6 billion.
Tinubu is borrowing to fund the ₦68.32 trillion budget deficit, with debt servicing projected to consume 48% to 75% of your federal revenues.
While they gaslight you, BAT will continue to recklessly & dangerously mortgage your future. He has displaced General Sani Abacha. Asiwaju is now the undisputed King of Grand Corruption
THROWBACK VIDEO: Adeniyi Adeyemi, convener of ‘presidential promotion council’, hosted pre-world investment summit dinner in Abuja with diplomats, politicians and security officials in attendance
The Senate and House Reps wrote letters to a non existing agency!
Even got an office in the Federal Secretariat all without knowledge of the Government.
Please who told Bayo, Tinubu, and Femi Gbaja that we are this stupid? Because what is this damage control?
The longer Gbaja keep his job, the more complicit he is making the president look.
I support Asiwaju Bola Ahmed Tinubu. That is not a secret.
But this fake agency scandal is something I cannot defend and I will not try to.
A man created a fictitious presidential agency, Got office space at the Federal Secretariat. Opened accounts with the Central Bank of Nigeria. Met foreign ambassadors. And somehow that same agency ended up on pages 50 and 51 of the 2026 Appropriation Act with allocated to it.
To an agency that does not exist.
Now the government is saying it was a fraudster acting alone.
Maybe that is true.
How does a fake agency open a CBN account without the Accountant General's office knowing.
How does it get office space at the Federal Secretariat for over a year without anyone noticing.
How does it enter the national budget that the President signed.
Either the system is so broken that one man can infiltrate it at every level undetected.
Or somebody on the inside helped him.
Both answers are a serious problem.
May Nigeria win🇳🇬🇳🇬🇳🇬
Nigerians should be grateful to Matthew Adeyemi Adeniyi, whichever way this scandal ends up.
If @aonanuga1956's elaborate and utterly implausible treatise on the matter is to be believed, Adeyemi has proved what many of us have alleged since 2015 - that the @OfficialAPCNg is a collection of supremely incompetent and greedy criminals.
He fooled the Federal Secretariat management team into allocating offices to his "fake" agency, and thus proved that they are at the very least utterly incompetent and possibly irredeemably corrupt.
He fooled the @cenbank, @DrYemiCardoso et al, into opening CBN accounts for his agency, thus proving that the CBN under Cardoso has turned into a cesspit of an insane level of incompetence and again, possibly fetid corruption.
He fooled the President Tinubu and his Minister of Finance into including his "fake" agency in the 2026 budget, this proving their lack of diligence and lack of dedication to their jobs.
He fooled the National Assembly, led by @SenGodswill, into passing that budget, with an actual financial allocation of billions of ₦₦₦ for his "fake" agency, thus proving that the National Assembly of the @OfficialAPCNg is nothing but a rubber stamp and possibly deeply corrupt.
If Adeyemi is right, and the agency really exists and was in fact created by the Presidency, included in the budget and given an allocation from taxpayer funds, he has proved that the @OfficialAPCNg government of @officialABAT is a cesspit of metastasised grand larceny, greed, corruption, avarice, and just plain looting - which is a position many of us have long held, since before Tinubu acquired the Presidency.
As resilient as Nigeria has proved to be, I do not think Nigeria will survive this stratospheric level of conjoined corruption and incompetence.
#Gbajagate
Do you think our senses were deposited somewhere as collateral or are you about to deposit your own?
Go ahead and explain the alleged budget provision and account with CBN
This "Prince" Adeniyi Adeyemi Matthew matter reminds me of Emma Nwude, Nzeribe Edeh and Christian Anajemba, the trio who used a NON-EXISTENT Airport to carry out a scam that collapsed a bank in Brazil.
Some people too get mind in this country sha.
@aonanuga1956 I think you would have given yourself more time to thinking than coming up with this kind of defence. Every narrative in this post is injurious to the integrity of our Country.
Just put it down and do a better writing.
I support Tinubu. That is not a secret.
But this fake agency scandal is something I cannot defend and I will not try to.
A man created a fictitious presidential agency, Got office space at the Federal Secretariat. Opened accounts with the Central Bank of Nigeria. Met foreign ambassadors. And somehow that same agency ended up on pages 50 and 51 of the 2026 Appropriation Act with allocated to it.
To an agency that does not exist.
Now the government is saying it was a fraudster acting alone.
Maybe that is true.
How does a fake agency open a CBN account without the Accountant General's office knowing.
How does it get office space at the Federal Secretariat for over a year without anyone noticing.
How does it enter the national budget that the President signed.
Either the system is so broken that one man can infiltrate it at every level undetected.
Or somebody on the inside helped him.
Both answers are a serious problem.
“The Presidency can only refer Femi Gbajabiamila, as well as the other individual, to the ICPC because allegations of fraud and corruption have been raised.”
“The government will have to explain to Nigerians how a whopping sum of N24bn was budgeted for an unknown agency, as well as how that agency had accounts with the Central Bank of Nigeria.”
— Femi Falana, SAN SAYs
@firstladyship It's a big joke to expect Remi Tinubu who has trafficked hard drugs all her life to have connection with normal people . If she is not using bigotry against the Igbos , she is sharing rice , corn , and encouging Kano state governor to share pants to married women . Rubbish woman
Dear Bayo,
You have said so much, but we want answers to the following:
1. Who smuggled N1.3 billion for Prince Adeniyi Adeyemi's Presidential Foreign Intervention Promotion Council (PFIPC) in the 2026 Budget? (See attached).
2. Did Chief of Staff Femi Gbajabiamila receive N400 million alleged bribe from Adeyemi?
3. Don't you think that your Presidency gives its self away as one big scam if an individual can easily secure office space from the Federal Secretariat for the purposes of the "scam" PFIPC operations?