Johnny

Ever versatile 📸🥁 || Real Estate Professional || FIABCI || Mech. Engr. || Academic Research Writer💻📝 || Chelsea boy💙

[Johnny @Johnnyyte123]

Bad governance is like a stray bullet, it doesn't discriminate.

Kastina kuje otedola

[Johnny @Johnnyyte123]

@khykheloormuur My condolences!

[Oluwatosin Ronke @tosino52]

E don set!

Airport Expressway to Kuje Road commissioned.

It is Wike’s doings.

#FCTProjects2026
#RenewedHopeFCT

[Johnny @Johnnyyte123]

🤣🤣🤣🤣

[The Air You Breathe 🌬️ @BlehisBack]

I don’t know what jazz that guy in Abuja is using, mehn.

There’s a place in Scripture where Gideon and his 300 men attacked the Midianite camp, and there was so much confusion that the Midianites turned their swords on one another.
Israel didn’t have to fight.

It’s a similar situation in Nigerian politics today.

[Johnny @Johnnyyte123]

@Agba_man000001 @Letter_to_Jack 😂😂😂

[Johnny @Johnnyyte123]

@Mautiin01 Happy birthday bro

[UNCLE @MrOlibaba]

Even Tony Elumelu is moving across sectors in different capacity and you say I should not preach this gospel of career growth.

I will oh.

Better get used to this page.

[Grok @grok]

No, President Bola Tinubu has not been convicted of any criminal offense.

The 1993 Chicago case was a civil asset forfeiture proceeding over bank accounts, resolved by settlement without criminal charges, indictment, or conviction. US records, including a 2003 official confirmation, show no criminal arrests or convictions for him. No other convictions appear in public records.

[Johnny @Johnnyyte123]

First time I’m seeing TOE on another colour of tie. I need to get to my greener pasture too. 🥹

[Tony O. Elumelu, CFR @TonyOElumelu]

I am honoured to succeed Senator Udoma as Chairman in January 2027 and to lead the Board through @SeplatEnergy ’s next phase of growth.

I firmly believe in the critical role indigenous resources play in the economic transformation of Nigeria and Africa, and Seplat’s culture of execution and governance aligns strongly with my own values.

I thank Senator Udoma and Roger for their stewardship and look forward to delivering further value for shareholders.

I also congratulate Mr. Okon on his appointment as Chief Executive Officer.
His deep industry experience gives me great confidence that @SeplatEnergy is well positioned for its next chapter of growth.

#TOEWay

[Osas @osazenoo]

Wike is changing the face of Abuja

[Johnny @Johnnyyte123]

@TheoAbuAgada @bode_maxwell 😂😂😂

[Grok @grok]

**It's mostly good news for Nigerians, but with important context.**

Nigeria's forex reserves hitting **$50.11 billion** on June 5 (highest since 2009) means the country has a stronger buffer of foreign currency.

**What it means:**
- Better ability to pay for imports (fuel, food, medicine, machinery) without running dry.
- Helps the CBN stabilize the naira and reduce extreme volatility.
- Signals improved confidence from remittances, oil production, and reforms — attracting more investment.

**For average citizens:**
Positive indirectly — less pressure on imported inflation and more economic stability over time. It doesn't instantly lower prices or create jobs, though. Nigeria still faces high inflation and other challenges.

This is a solid milestone showing progress on external buffers, but real impact depends on smart use and fixing domestic issues.

[Instablog9ja @instablog9ja]

Nigeria’s foreign exchange reserves hit $50.11bn, highest level in 17 years

[Bola Ahmed Tinubu @officialABAT]

I warmly congratulate Prime Minister Narendra Modi @narendramodi on the historic milestone of becoming India’s longest-serving elected Prime Minister.

This remarkable achievement reflects the enduring confidence and trust the people of India have reposed in his leadership over three consecutive mandates. His dedication to public service, commitment to national development, and influential leadership on the global stage continue to inspire millions worldwide.

Beyond being a great friend of Nigeria, Prime Minister Modi is a personal friend and trusted ally whom I can always count on. Over the years, I have come to deeply admire his wisdom, courage, and commitment to the progress and prosperity of his nation.

As a distinguished recipient of Nigeria’s national honour, the Grand Commander of the Order of the Niger (GCON), he has also contributed immensely to strengthening the bonds of friendship and cooperation between our two countries.

On behalf of the Government and people of Nigeria, I wish Prime Minister Modi continued good health, wisdom, and success as he leads India to even greater heights.

— Bola Ahmed Tinubu, GCFR
President, Federal Republic of Nigeria
Presidential Villa, Abuja
June 9, 2026

[A. Ayofe @abdullahayofel]

WIKE is transforming FCT ❤️🔥

Tomorrow, President Tinubu will commission the newly constructed Arterial Road N5 (Obafemi Awolowo Way) from Life Camp Junction to RR III, Dape District section.

See the before and after of the road>>>>>👇❤️🔥

#FCTProjects2026 #RenewedHopeFCT

[O'tega Ogra @otegaogra]

Here are the links to participate in any of the programmes Mr President spoke about under housing…

To buy from the renewed hope housing scheme, visit: https://t.co/oYeLbJsLBX

To apply as an intending home owner or developer to take advantage of MREIF Mortgage at 9.75%, simply walk into any of the 21 participating financial institutions or visit: https://t.co/3OlVu4akDA

Don't be one of those who complain online and miss out on opportunities in front of them

#RenewedHopeHousing

[Arojinle @arojinle1]

Unless they see results, people won't believe you tried.

The world judges effort by its outcome. If you win, you worked hard. If you don't, maybe you didn't try hard enough. That is the verdict, fair or not.

But effort and results are not the same currency. A man can give everything and still come up empty. The ground does not always reward the farmer who worked it hardest.

This is what makes failure lonely in a way that success never is. The person who succeeds gets witnesses. The person who tried and failed stands alone with something nobody can verify and most people won't bother to believe.

Try anyway.

[Johnny @Johnnyyte123]

@RidwanuLlah @Eneegmanuelllll 😂😂🤣🤣🤣🤣

[Bola Ahmed Tinubu @officialABAT]

When I placed the Renewed Hope Agenda before Nigerians, I did not speak of housing in vague terms. I gave my word that this administration would work to make decent homes affordable again, and that a hardworking family, after years of paying rent, would finally have a path to a house of its own.

Let me account for that promise plainly, by juxtaposing what we pledged beside what we have actually achieved.

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[Johnny @Johnnyyte123]

@TonyOElumelu @Hajia_rukkiie @SeplatEnergy Congratulations sir. I want to be like you 🫢🫢

[Taiwo Oyedele @taiwoyedele]

PRESS RELEASE

𝐓𝐇𝐄 𝐅𝐄𝐃𝐄𝐑𝐀𝐋 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓 𝐍𝐎𝐓𝐄𝐒 𝐈𝐌𝐅 𝐀𝐒𝐒𝐄𝐒𝐒𝐌𝐄𝐍𝐓 𝐎𝐅 𝐍𝐈𝐆𝐄𝐑𝐈𝐀'𝐒 𝐄𝐂𝐎𝐍𝐎𝐌𝐘 𝐀𝐍𝐃 𝐑𝐄𝐌𝐀𝐈𝐍𝐒 𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐃 𝐓𝐎 𝐒𝐔𝐒𝐓𝐀𝐈𝐍𝐈𝐍𝐆 𝐑𝐄𝐅𝐎𝐑𝐌𝐒 𝐌𝐎𝐌𝐄𝐍𝐓𝐔𝐌

Abuja, 9 June 2026

The Federal Government welcomes the publication of the International Monetary Fund (IMF) 2026 Article IV Mission Concluding Statement on Nigeria and notes its overall positive assessment of the country's economic reform programme. The report provides further independent validation that the bold and necessary reforms undertaken under the leadership of President Bola Ahmed Tinubu, GCFR, are strengthening macroeconomic stability, restoring confidence, and laying the foundation for sustainable and inclusive growth.

The IMF observed that reforms implemented over the past two and a half years have yielded improved macroeconomic outcomes and enhanced Nigeria's resilience to external shocks. The Fund specifically highlighted improvements in foreign exchange market functioning, stronger external buffers, ongoing fiscal and revenue reforms, banking sector resilience, and growing macroeconomic stability. These developments affirm that Nigeria is moving in the right direction and is better positioned to withstand global economic uncertainties than at any time in recent years.

The Government is particularly encouraged by the IMF's recognition that the difficult but necessary decisions to end fuel subsidies, eliminate deficit monetisation, liberalise the foreign exchange market, and strengthen fiscal discipline have contributed significantly to reducing vulnerabilities and rebuilding confidence in the economy. The report notes that Nigeria now faces global shocks with stronger policy frameworks and buffers than before.

The recent conflict in the Middle East has created new challenges for economies around the world through higher energy prices, rising food costs, tighter financial conditions, and disruptions to global supply chains. While these developments present inflationary pressures, the IMF acknowledged that Nigeria has demonstrated notable resilience. Despite significant increases in global energy prices, the foreign exchange parallel market premium has remained below five percent, sovereign spreads have remained broadly stable, and investor confidence has been preserved.

The IMF further noted that Nigeria is well positioned to benefit from higher energy prices through stronger export earnings, improved fiscal revenues, and increased foreign exchange inflows.

The Federal Government remains focused on translating these opportunities into long-term gains by increasing crude oil production, expanding domestic refining capacity, growing gas production and exports, and attracting new investments across the energy value chain.

The Government acknowledges the IMF's observation that poverty and food insecurity remain significant challenges. While progress is being made in terms of per capita income growing by nearly 10 percent in 2025 indicating marked reduction in poverty levels, we are mindful that macroeconomic stability, while necessary, is not sufficient on its own. Economic growth must be inclusive and must translate into tangible improvements in the welfare of Nigerians.

Accordingly, the Government continues to strengthen targeted social protection programmes, including direct cash transfers to vulnerable households, support for small businesses, student financing through the Nigerian Education Loan Fund (NELFUND), consumer credit initiatives, healthcare investments, and interventions aimed at improving livelihoods and expanding economic opportunities.

In agriculture, the Government is scaling up investments through the Renewed Hope National Agricultural Mechanisation Programme and other initiatives designed to improve productivity, expand irrigation and dry-season farming, enhance access to inputs and financing, strengthen value chains, and improve food security. These efforts are aimed at moderating food inflation while creating jobs and raising rural incomes.

The Federal Government also welcomes the IMF's recognition of the progress being made in domestic revenue mobilisation and public financial management reforms. The successful implementation of Nigeria's new tax laws, the digitisation of revenue collection processes, improved transparency in public finance, and enhanced accountability mechanisms will continue to strengthen fiscal sustainability while ensuring a fairer and more efficient tax system.

We note the IMF's recommendations regarding fiscal reporting, budget transparency, and data reconciliation. The Government is already taking steps to strengthen fiscal data integrity, improve coordination among relevant institutions, enhance transparency in budget execution, and deepen public financial management reforms. Efforts are ongoing to improve fiscal reporting systems and ensure that economic and fiscal statistics continue to meet the highest international standards.

The report's medium-term outlook reinforces confidence in Nigeria's economic prospects. The IMF projects continued economic growth above four percent, improving external reserves, rising investment, and strengthening fiscal revenues over the medium term. Public debt has already declined relative to GDP, while reserve buffers have strengthened considerably. These outcomes which complement recent sovereign credit rating upgrades by leading international rating agencies reflect the growing resilience of the Nigerian economy and the positive impact of ongoing reforms.

The Federal Government remains firmly committed to maintaining macroeconomic stability, accelerating inclusive growth, strengthening fiscal discipline, deepening structural reforms, improving the investment climate, expanding infrastructure, enhancing human capital development and job creation. We will continue to pursue policies that support private sector growth, attract domestic and foreign investment, and improve the competitiveness of the Nigerian economy.

While challenges remain, the direction is clear and the foundations are stronger. The ultimate objective of these reforms is not merely improved economic indicators, but better outcomes for every Nigerian - lower inflation, decent jobs, higher incomes, greater economic opportunity, and a better quality of life.

𝐓𝐚𝐢𝐰𝐨 𝐎𝐲𝐞𝐝𝐞𝐥𝐞
Honourable Minister of Finance and Coordinating Minister of the Economy
Federal Republic of Nigeria