Excessive Borrowing Without Accountability: Further Affirmation of Imprudent Governance.
President Bola Tinubu's administration has engaged in remarkably imprudent borrowing, escalating Nigeria's total debt to approximately N200 trillion. This represents an increase of over N100 trillion within a mere three years, a stark contrast to the roughly N49 trillion accumulated during President Muhammadu Buhari's eight-year tenure, which would have projected to around N80 trillion. As millions of Nigerians grapple with the shock of this unsustainable debt accumulation, the situation is exacerbated by the government's reckless approach to borrowing and a profound absence of accountability and transparency in the utilisation of these funds.
For instance, data from the Federation's Budget Office reveals that the Bola Tinubu government borrowed N11.89 trillion in the first three quarters of 2025 (January to September), exceeding the planned borrowing target of N10.34 trillion by approximately N1.54 trillion. Under a responsible and accountable government, such an overshoot would necessitate rigorous scrutiny and explanation from relevant governmental bodies. Regrettably, this is not the reality under the current administration.
Compounding this issue, only N3.10 trillion of the borrowed funds was allocated to capital expenditure during the same January-September 2025 period. This constitutes a mere 17.66% of the N17.58 trillion earmarked for capital projects, leaving a deficit of roughly N14.48 trillion, or 82.34% of planned capital expenditure unfunded.
The most disturbing aspect of the financial management fiasco under Bola Tinubu is that there is no explanation or information regarding how the balance was utilised or deployed. The question that Nigerians are rightly asking and deserve an answer to is what happened to the balance? Was it deployed for recurrent expenditure/ consumption, for the entertainment of guests to Aso Rock or transferred to the Renewed Hope Agenda 2027 Election Campaign Fund? Nigerians deserve an answer on how our economy and resources are most unpatriotically managed.
A New and Productive Nigeria is POssible, and Nigeria will be OK!
-PO
Lady reveals the condition of a Primary Health Centre in Ukala-Okwute, Oshimili North LGA, Delta State.
The project was awarded and paid for under Former Governor Ifeanyi Okowa. But this is where they left it at.✍️
Peter Obi remains the only presidential candidate who can address international organizations, engage with world leaders & other nations, & take questions as well.
This is the European Union Parliament.
This is FDI.
This is Foreign Policy.
This is Passport Ranking.
This is how you market Nigeria.
INEC is manipulating the Voter Register.
INEC is manipulating the Voter Register.
INEC is manipulating the Voter Register.
INEC is manipulating the Voter Register.
INEC is manipulating the Voter Register.
They are systematically deleting the Voter Registration of certain demographics. Kindly rush to their portal & check to make sure that your CVR Registration is still valid & is found.
RETWEET MASSIVELY & SPREAD THE WORD!
BREAKING : listen to this video, hear and see where your country LOANS taken by the Supreme Leader of Bourdillon are going into . Your brains shall reset to factory settings come 2027 if you refuse to fight brutally to defend your votes from these Hyenas masquerading as leaders
I will not be attending the announcement of the ADC Presidential Election Results today. I am concerned by reports from across the country of widespread vote rigging, some of which I myself observed, and will therefore be taking advice on my next steps.
BREAKING: 🇺🇸🇮🇷 US military and intelligence chiefs have canceled their Memorial Day holiday leave to prepare for potential strikes on Iran, according to CBS.
NDC House rep member Afam Ogene reaps Kenneth Okonkwo into shreds - Kenneth Okonkwo is simply an actor and an actor is person who plays any assigned role
“A Nigerian police officer holding weed while still har@ssing young people on the road.”🤯👀
Drama as MC Okrika confronts Nigerian police officers in Ikom, Cross River State, over alleged extørtion after spotting another officer holding what appeared to be weed.
“My pastor is a very respectable man; his name is Femi Paul. He said many wise things to me when tension was building up between me & my dad. My entire church community came together to raise money for me to move to the USA. Shout to Grace Assembly.” - Nigerian wrestler Oba Femi
Nigeria Police Force @PoliceNG
Nigeria Civil Defense @official_NSCDC
NAPTIP @naptipnigeria@UNICEF_Nigeria@Lagosdsva
Federal Ministry of Women Affairs @FMWomenAffairs
Please provide information for this woman, arrest her...make sure she never give birth or be seen with a child again.
My heart is burning 😭😭
This is the real Devil in human form