Debunking the Phantom Debts and Ecological Loan Fallacy
My attention has been drawn to trending claims by the Anambra State Government that my administration left behind inherited debts, including a ₦2 billion ecological loan, contractor liabilities, and unpaid salaries, gratuities, and pensions. This is completely false.
We systematically liquidated historical gratuities and arrears dating back several years, amounting to over ₦35 billion. At the point of handover, the state owed nothing in salaries, gratuities, or pensions, nor did we owe anything to any contractor for projects duly executed and certified.
The ₦2 billion ecological fund in question was released barely three months before the end of my tenure for the Oko/Umuchiana erosion crisis. Despite pressure to spend the money, I refused, insisting that it should be left for my successor because government is a continuum and the funds were tied to a specific project.
The money was therefore left 100 per cent intact in First Bank, in Account No. 2018779464, with a balance of over ₦2.13 billion.
It is important to stress that funds tied to specific projects or set aside for particular purposes were not even included in the over ₦75 billion in savings we left behind.
If anybody can establish anything to the contrary, I will stop campaigning. -PO
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
Coping with the systematic collapse of our institutions.
When the controversy surrounding the removal of former Chief Justice of Nigeria, Walter Onnoghen, unfolded, I expressed a concern to a friend: that the greatest damage might not be immediate, but the message it sends about the sanctity and independence of our institutions to the world.
Strong economies are built on trust. Investors can manage security risks, policy risks, and even market risks. What they fear most is uncertainty in the rule of law and a judiciary that is perceived to be vulnerable to political pressure.
Today, many Nigerians have lost confidence in systems that should protect them. Businesses increasingly request that their contracts be governed by foreign jurisdictions because they have greater confidence in those institutions than in our own. That should concern every patriot.
We must never sacrifice our sacred institutions on the altar of politics. Nations rise when institutions are stronger than individuals. "The federal High Court Judgement ordering the de-registration of the ADC and other political parties is just one of those activities that further reduces the common man's trust in our legal systems" it should be reversed.
I pledge that we will restore the dignity, independence, and integrity of the Judiciary. The common man must have a voice. The business community must be protected from legal uncertainty and intimidation. Justice must be impartial, accessible, and respected by all.
To our judges, legal luminaries, senior advocates, and lawyers: this is your moment. Rise, defend the rule of law, take back your country!
A New Nigeria is POssible. -PO
Sustainable Success Is Built on Competence, Integrity, Discipline and hardworking.
On Saturday, I had the privilege of interacting with young entrepreneurs, professionals, business leaders, and members of the emerging generation at the This Generation Conference hosted by Summit Bible Church in Abuja.
Our discussion focused on what it takes to thrive in the marketplace despite prevailing economic challenges. I shared insights from my years in business and public service, emphasizing that sustainable success is built on integrity, competence, discipline, and a commitment to creating value for society.
I reminded participants that no nation develops by consumption alone. Nations progress when their citizens are productive, innovative, and committed to excellence. Our young people must resist the temptation of shortcuts and instead embrace education, skills acquisition, entrepreneurship, and ethical leadership.
The future of Nigeria depends largely on the quality of leadership and enterprise this generation is willing to build. We must move from a culture of sharing poverty to one of creating prosperity through production, innovation, and responsible governance.
I left encouraged by the energy, intelligence, and determination of the young people I met. Their questions, ideas, and aspirations reaffirmed my belief that Nigeria’s greatest resource remains her people.
Together, through hard work, integrity, and purposeful leadership, we can build the New Nigeria that is POssible. -PO
Together Towards the New Nigeria That Is Possible
On this June 12, Democracy Day, I had useful meetings with my partners in the building of the New Nigeria that is Possible: our great party’s National Leader, H.E. Senator Seriake Dickson, and our party’s Vice Presidential candidate, H.E. Senator Rabiu Kwankwaso. The NDC, as a party that is barely four months old, despite the challenges, remains the party of the future, and the fruitful discussions at the meetings clearly underscore this fact.
The leaders and members of a committed political family must be willing to make sacrifices and show tolerance and accommodation, even in difficult circumstances. This shared understanding is essential for building trust, strengthening unity, and sustaining the vision we collectively hold for national transformation.
We are all committed to this goal. The NDC remains the vehicle that will convey Nigeria through purposeful, compassionate leadership, with firm commitment to productivity and democratic ideals towards the New Nigeria that is POssible. -PO
What June 12 Should Mean to Us Nigerians
Today, we observe a day that should mean a great deal to us as a people who cherish democratic principles. Every year on June 12, the conversation inevitably turns to a critical assessment of the state of our nation. It serves as an annual benchmark for asking important questions: Are our elections today as transparent as they were in 1993? Is the social contract being honoured? Are the institutions of governance truly serving the people?
Ultimately, June 12 is a powerful blend of reflection and aspiration. It honours a fractured past while serving as a constant and foundational reminder of the immense power inherent in the collective democratic will of the Nigerian people.
For us in Nigeria, June 12 is not merely a date on the calendar; it is the emotional and structural bedrock of our modern democratic identity. Officially recognised as Democracy Day, June 12 carries deep historical, political, and social significance, representing both a monumental tragedy and the ultimate triumph of the collective will of the people.
To understand what June 12 means to Nigeria, one must examine its history, its evolution, and its enduring symbolism.
A new era of true democracy is POssible. -PO
Correct.
@ADCNig pampered Obidients because they wanted to honor you and take away your chief prize. You would be allowed to speak to large crowds and your Obi will not be on the ballot.
@NigeriaNDCHQ is your best friend. It put you on the ballot.
Which is better: to be on the ballot or to be handed a microphone?
NDC has given Obidients the best respect. Move with NDC
Message to Obidients
I have said that the Obidients are the greatest political resource for Nigeria’s political transformation.
Now, listen
Forget the primaries
Focus on driving @PeterObi to the presidency
30 good legislators would not change Nigeria
1 truly transformative President will change Nigeria.
Focus on Peter Obi. Support NDC. Get to work
In continuation of my quest to deepen knowledge and impact positively on our society, yesterday June 10th, in London, I held a series of important engagements, including a fruitful meeting with Alex Vines, Director of the Africa Programme at the European Council on Foreign Relations (ECFR).
Our discussions focused on strengthening strategic relationships and fostering a deeper understanding of Africa’s evolving role in global affairs. It was emphasized that Africa must no longer be viewed merely through the prism of statistics or humanitarian concern, but as a serious and equal partner in shaping the future global order, much like India, Indonesia, and other emerging centres of influence.
During our engagement, it became increasingly clear that Africa, and Nigeria in particular, must be placed at the centre of international conversations on partnership, trade, governance, innovation, and sustainable development.
Constructive dialogue and mutual respect remain essential to building meaningful cooperation between Africa and the international community.
A New Nigeria is POssible. -PO
The abduction of the Chibok girls in 2014 triggered a global movement. One school abduction was enough to unite Nigerians, attract international attention, and place enormous pressure on the government through the #BringBackOurGirls campaign.
Yet, what has happened since then should trouble every Nigerian.
Under President Buhari's eight years in office, Nigeria witnessed about ten school abductions. Under President Tinubu's administration, in just three years, we have already recorded over ten school abductions.
Despite these repeated tragedies, there has been neither sustained national outrage nor significant international attention comparable to what followed Chibok.
This raises an important question: have we become so accustomed to insecurity that what once shocked our national conscience is now treated as normal?
At a time when millions of Nigerians are grappling with insecurity, poverty, and hardship, it is deeply troubling that those in power appear more focused on political calculations and preparations for the next election than on addressing the urgent challenges confronting our people.
It is, therefore, no surprise that some observers have labelled us a "Now Disgraced Nation". While we do not agree with any attempt to define our great country by its present difficulties, we must acknowledge that persistent insecurity, economic hardship, and leadership failure have damaged our reputation and standing among nations.
The answer is not denial, propaganda, or political distraction. The answer is leadership that is competent, compassionate, accountable, and genuinely committed to the welfare and security of the Nigerian people.
The Nigerian youth must not become indifferent. We must all refuse to normalise failure.
Young Nigerians - Take back your country!
A New Nigeria is Possible. -PO
Dear Young Nigerians,
One lesson from the 2023 elections, particularly in Lagos, should never be forgotten.
In the period following the presidential election and leading up to the governorship election, we witnessed a troubling shift in public discourse. Conversations that should have focused on competence, governance, development, and the future of our nation were gradually diverted towards tribal sentiments, ethnic divisions, and unnecessary suspicion among citizens.
Many sincere and well-meaning Nigerians participated in these conversations without realising that they were being drawn into narratives carefully designed by others.
Throughout history, whenever politicians find it difficult to compete on ideas, performance, character, or vision, some resort to exploiting the fault lines of ethnicity, religion, and identity. Their calculation is simple: a divided people are easier to manipulate than a united people.
Today, I see similar efforts emerging again, sometimes in more subtle and sophisticated ways. Narratives are planted, amplified, and circulated, often by individuals who genuinely believe they are defending a worthy cause, without recognizing the broader agenda behind such campaigns.
Let me state clearly that Pastor Enoch Adeboye remains one of the foremost fathers of faith in our nation. For decades, he has consistently preached the virtues of peace, prayer, love, reconciliation, and national unity. Even when faced with provocation, his response has always reflected humility, restraint, wisdom, and grace.
At 84 years of age, it would be unfair for young and able-bodied Nigerians to transfer to him responsibilities that properly belong to them. The task of building a better Nigeria rests primarily on the shoulders of the younger generation. It is their duty to lead the conversations, champion the reforms, and drive the positive change our nation urgently requires.
We must be careful not to become instruments in the hands of those who secretly nurture division while publicly preaching unity. In most cases, their target is not the individual being attacked; instead, it is the person who is attacking. Their real objective is to weaken the bonds that hold us together as one people and one nation.
I therefore urge all young Nigerians: do not allow anyone to recruit you into hatred. Do not allow anyone to weaponise your ethnicity, your faith, or your admiration for respected leaders.
Question every narrative. Verify every claim. Follow the facts. Resist manipulation.
The Nigeria of our dreams can only be built by citizens who refuse to be divided, who choose unity over hatred, and who place our collective future above narrow interests.
A New Nigeria is POssible. -PO
Celebrating Eid-el-Kabir with Faith, Sacrifice and Hope
I warmly felicitate with the Muslim Ummah in Nigeria and across the world as they celebrate Eid-el-Kabir, a sacred occasion that embodies the timeless virtues of faith, sacrifice, obedience to God, compassion, and love for humanity. Let us focus our prayers on unity and hope at this year’s Sallah.
As we reflect on the profound lessons of this solemn celebration, we are reminded of the need for selflessness, tolerance, and commitment to the common good. These values are especially important at this critical period of our national journey. Nigeria is a nation of immense potential, currently weighed down by avoidable challenges, but the spirit of Eid-el-Kabir teaches us that after sacrifice comes fulfilment. We must never lose hope in the possibility of a functional, just, and productive nation where no citizen is left behind.
Let us use this sacred period to pray for our security forces on the frontlines, for wisdom for our leaders, and for meaningful economic relief for the masses who continue to bear the burden of our collective difficulties. Let us also recommit ourselves to peace, mutual respect, and unity across faiths and regions.
May this Eid-el-Kabir bring joy to our families, peace to our communities, and renewed hope to our dear nation. I wish all our Muslim brothers and sisters a blessed and joyful Eid-el-Kabir celebration. -PO
My final engagement before leaving Capetown for Johannesburg yesterday, I had the privilege of meeting two distinguished former leaders, President Ian Khama of Botswana and President Thabo Mbeki of South Africa, before departing Cape Town for Johannesburg yesterday.
This meeting was an opportunity for me to express my heartfelt appreciation for their positive comments on the recent immigration issues in the region and their continued advocacy for peace and unity among African nations.
Both Mr Khama and Mr Mbeki continue to hold significant respect across the continent due to their remarkable contributions, both during and after their presidencies.
During my audience with Mr Mbeki, I also reconnected with my good friend, former Ekiti State Governor Dr Kayode Fayemi, who delivered a keynote address at the Thabo Mbeki Africa Day lecture, focusing on the themes of rebuilding unity and revitalising institutions throughout the continent.
This event was organised by the Thabo Mbeki Foundation. -PO
Today, I held meetings in London with some stakeholders in British politics and business community, including Lord Jonathan Marland, the Chairman of the Commonwealth Enterprise and Investment Council (CWEIC).
The discussion with Lord Marland held particular importance as it centred on prospective trade opportunities, economic advancement, and the promotion of small businesses throughout Nigeria.
It is clear that fostering a robust economy and generating employment, as evidenced by rapidly growing nations like China, Indonesia, and Vietnam, necessitates a concerted effort to prioritise support for micro, small, and medium-sized enterprises.
As I have consistently asserted, our micro, small, and medium enterprises (MSMEs) serve as the driving force behind economic growth, and it is imperative that we provide them with vigorous support to enhance development and create significant employment opportunities, particularly within the agriculture and manufacturing sectors.
A New and revitalised Nigeria is POssible. -PO
PVC is the bridge to a New Nigeria
Today, I want to plead with every Nigerian, young and old to heed this call to action.
The future of our dear nation is in your hands. The greatest strength of democracy is in the voter’s card. Your PVC is the voice of the voiceless, the shield of the weak, and the weapon of the poor for a better life, against injustice and bad leadership. I appeal to every Nigerian: Get Organised and Make Election Rigging Difficult. Go out, register, collect your PVC, and hold it firmly as your bridge to a new Nigeria.
Let us know this: those who buy votes are not offering you charity; they only invest in their own corruption. They buy votes so that they can buy their way into our treasury to steal public money. When they get into that office, they will loot the funds that should have been used to build schools, hospitals or provide good jobs. Such people are not leaders, they are criminals in disguise. They are no better than killers, armed robbers, and kidnappers, because they commit the same crime of destruction.
To those who sell their votes, you are not just selling an election, you are selling the very opportunities that would have lifted you and your family out of poverty. You are selling the schools that your children should have attended, the hospitals that should save your loved ones and the jobs that would have given you dignity and a better life. Those who buy your vote are only buying it to make a profit from the seat of power, not to serve you.
The power to change this country is in your hands, the looters will only loot when we give them the opportunity. Your vote counts, if it doesn’t, they would not be desperately buying that vote.
Every Nigerian must rise and take responsibility for building the nation we dream of.
Our democracy is at stake. That is why I urge every eligible Nigerian to register, collect, and safeguard your PVC, and when the time comes, use it wisely. Vote for leaders of competence, character, capacity, and compassion. Leaders who will put you first. Do not be intimidated, do not be deceived, and do not be bought.
Let us stand together and prove that Nigeria belongs to the people, not to those who trade our future for their selfish gain.
Register to vote, because a new Nigeria starts with you.
A New Nigeria is POssible. -PO
This morning, in Lagos, I met with the U.S. Consul General, Mr Rick Swart, where we discussed strengthening the bilateral relationship. We focused on promoting credible elections in Nigeria, ensuring they are free from interference, and fostering a space where all political parties, especially opposition parties can thrive, and contribute.
We also discussed trade and business opportunities between our countries. Accompanying me to the meeting was Dr Adefolaseye Adebomi Adebayo.
The discussion was very productive, and we are hopeful that, moving forward, Nigeria’s elections will be even more credible and transparent. -PO