An American bank partnered with a Nigerian man to launder $308 million of Nigerian government money.
The money left Nigeria through American banks. It then sat quietly in a shell company for years while the man lived comfortably in Texas.
In 2003 American authorities arrested him. He spent six months in federal detention in the United States waiting to be tried.
Before the trial happened he offered to return $163 million.
America accepted. He flew back to Nigeria.
Nobody questioned him. Nobody charged him. Nobody prosecuted him.
He ran for Senate and won. He ran for Governor and won. He ran for Governor again and won.
America returned the $308 million his operation had laundered.
The new president then put him in cabinet.
America did not trust Nigeria with the $308 million.
They tied every dollar to three specific roads. Lagos-Ibadan Expressway. Abuja-Kano Road. Second Niger Bridge.
They even included a clawback clause. Misuse one dollar, pay it all back.
Why the conditions? Because previous loot returned to Nigeria had already disappeared.
Nigeria's own government told the court they had no record of how the earlier billions were spent.
A man who laundered billions is currently Nigeria's Minister of Budget and Economic Planning.
He decides how Nigeria spends its money.
💀🇳🇬🇺🇸
BREAKING NIUS: Der Aufbau und Ablauf der Fernandes-Kampagne wird immer deutlicher. Nach NIUS-Informationen traf sich Justizministerin Hubig bereits im Oktober mit HateAid, um über "digitale Gewalt und bildbasierte sexualisierte Gewalt" zu sprechen. HateAid begleitet Collien Fernandes bei der Berichterstattung über ihren Ex-Mann Christian Ulmen. https://t.co/aH5VtrNmZl
Today I decided to show how much it costs me to buy my weekly fruits. I love eating fruit and trying to live healthy… but that’s by the way. The real story is the cost.
My fruit shopping came to £50.87. If you convert that to naira, that’s roughly ₦94,000.
Now, if I wanted to gaslight Nigerians, I could easily say something like: “Nigerians don’t appreciate what they have. This same fruit would cost less than ₦20k in Nigeria.” That would give the impression that food is cheaper in Nigeria than in the UK.
But that would be a half truth, or what some people like to call being smart by half.
Here’s the part people conveniently leave out.
The minimum wage in the UK is about £12.44 per hour. That means someone earning minimum wage needs less than 5 hours of work to afford that £50 fruit basket.
And before someone says it, yes, if you’re on minimum wage here you’re probably shopping in Lidl or Aldi, not casually loading £50 worth of fruit into your trolley like a wellness influencer. But that’s beside the point.
Now let’s look at Nigeria.
Let’s assume that same fruit basket really costs ₦20,000. Sounds cheap, right?
Nigeria’s minimum wage is ₦70,000 per month. That translates to roughly ₦337 per hour.
So to buy that same ₦20k fruit basket, a minimum wage worker would need to work almost 60 hours. That’s about 6½ full working days.
Think about that for a moment.
Someone in the UK doing the same type of low income job works about 5 hours to buy it. Someone in Nigeria may need almost a full week of work.
So when people start comparing prices to gaslight you and say petrol is $4 in the US or fuel is £1.80 in the UK, ask them one simple question.
How does that compare to people’s income?
Because price without income context is just propaganda with numbers.
Now let’s take it one step further.
In the UK, the minimum wage is about £12.44 per hour and the Prime Minister earns around £83 per hour. That is roughly a £70 difference per hour.
In Nigeria, the minimum wage is about ₦337 per hour and the President earns about ₦6,770 per hour before allowances.
That is a difference of about ₦6,433 per hour.
In percentage terms, the UK Prime Minister earns about 577% more per hour than minimum wage.
Nigeria’s President earns about 1,570% more per hour than minimum wage.
And that is before we even talk about the endless allowances, benefits, convoys, security votes, and other mysterious expenses that seem to multiply like rabbits.
So the question is not whether things are cheap or expensive.
The real question is how long the average citizen has to work to afford them.
Because when people must work days for what others can buy in hours, something deeper is wrong.
I’ll leave you with this.
“Until all are free, all are enslaved.”
The quotes as always never disappoint 💀
It's truly a marvel of the digital age to watch Nigerians, living in a country where "miracle water" is a top-selling healthcare product, suddenly become PhD-level skeptics when it comes to actual science.
At least much of the West have earned the "luxury" to be swimming in the "paradox of success" regarding infectious disease prevention. Nigeria does not have that luxury. We are still actively fighting battles the rest of the world won in the 1920s. To "cosplay" as a Western skeptic while living in a malaria-endemic, polio-recovering, HIV-burdened reality is a hilarious obscenity.
We are a consumerist and non-innovative society and yet the only thing we can offer now to the world is to export anti-science tin-foilers en masse. & they aren't even knowledgeable enough to tell the difference between a vaccine and any other medicine. Even our conspiracy theories are sold to us by the west, subsidized and cheap.
The audacity of it would be impressive if it weren't so lethal. While we bicker about whether a life-saving drug is a "plot," the reality remains that Nigeria carries one of the heaviest HIV burdens on the planet. This isn't a theoretical debate happening in a clean, temperature-controlled faculty lounge in Zurich, this is a street-level existential war. We are literally watching people drown in a preventable epidemic and, instead of reaching for the life jacket, we're questioning the thread count of the material and asking if the person who threw it has an "agenda".
You don't need any grand scheme to try to kill you. You are not that important. You consume everything from the toothpick you use to the phone you are using to type your rants. Every medication you take is subsidized and then given to you by the big bad "West". From the paracetamol you take, to the Viagra you hide to buy.
Your country is actively trying to take your life. You are living in a country with the lowest life expectancy in the world, one of the deadliest countries to be pregnant or be a newborn, and a country where even in a capital, you can't survive a snake bite. Your government has allocated 36 million naira for capital projects for healthcare. The watch that the speaker of the HoA wears in your State is more expensive than that. All the West has to do is leave you to your own faith. You are doomed not to survive anyway. I don't know where this inflated self importance comes from.
THE WORLD’S WORST TRAGEDY 2:
Sergeant Adamu Musa approached the mission tent as its tarpaulin skin danced and flutterd in the hot Maiduguri wind. He came with three of his blood brothers. They were survivors of their cohort from many years ago.
Chai! So many years now. Each month was toil, blood, tears and sacrifice. An initial cohort of 20 friends and colleagues forged in the sands of Borno into blood brothers. An elite group of the cream of the Nigerian military. The Nigerian Special Forces Unit.
These were the soldiers soldier. Trained to operate behind enemy lines and execute impossible missions. Their body and mind were configured to near perfection. Fear was a thing they felt as a mere tingle in their toes. Patriotism was the fuel they ran on.
But as the days rolled into months and months into years, their ranks dwindled as their blood seeped into the land of the North East as a shield for the innocent.
As they say, for our tomorrow they gave their today.
Here’s the irony, a fraction of their hard work and sacrifice was enough to stop major wars in far-flung places like Liberia and Sierra Leone by their predecessors.
Yet, no matter what they did, it felt like nothing. No matter how many soldiers fell, the enemy grew stronger.
Bloodthirsty, medieval fanatics taking lives in the tens of thousands kept expanding their capacity to cause mayhem.
And yet soldiers were required to do more and more with little and little.
However, today, the 3 special forces brothers were pumped. They have been promised that the new elite soldiers they helped train will be ready in two weeks to deploy. The enemy go see shege! They wished that they had the new group for the mission they were about to be briefed on.
More elite soldiers swelling their ranks would not hurt, seeing as they have been specifically marked for elimination because of how efficient they were. Boko Haram had massive bounties on their heads.
Adamu guffawed at a joke by Sergeant Emeka and nudged him shoulder to shoulder knocking him slightly off-balance. Sergeant Tunde who was trailing was laughing too with his perpetually vigilant eyes scanning around and missing nothing.
As Tunde bent his head and entered the command tent after his brothers, he rammed into them because they stood fixed to the floor, appearing unable to move past the entrance of the tent.
That was when his eyes fell on two monsters standing at the other side of the tent with the new commander from Abuja who was beaming as if he had called the brothers to the command tent to give them cookies.
Tunde’s heart began to beat as if preparing for battle.
Both Adamu and Emeka slowly turned their heads backwards towards him in unison in a silent WTF?
The two men at the other side wore a smugness that grated the soul.
Boro had his hands behind him in a soldier’s at-ease. He was the younger of the two.
Muazu didn’t even bother. His scar kept twitching where it ran from the bottom of his left eyelid down to his upper lip. His hands were clenched by his side.
For the brothers, the most jarring thing was that the two wore military fatigues.
The memories of them on that day they were captured was seared in the brothers’ minds.
These two were part of the horde that slaughtered villagers while the special forces unit approached to take them on.
They had torn open a pregnant woman and smashed her baby’s head on the ground in a slow methodical soullessness. It was all the team could do not to destroy operational effectiveness by firing before they were close enough.
Etim, their brother, the father of two lovely boys, died that day as well as Oghene, Dalung and Isa.
The new commander was saying something for about four minutes that barely registered to the three. The mission brief flew over their heads except his final words.
“… so Borro here will be you scout and Muazu will keep your rear.
You probably know this already. They were Boko Haram. But not to worry. They are repentant now.”
Once, a region was renowned for its skilled craftsmen. The finest millstone makers in all the kingdoms. Their stones could grind grain smoother than any other.
But the King did not favour them. He rarely visited their village. When decisions were made, their names were not called. When honours were given, their sons were not chosen. "You people," he would say, "are too cunning. Too ambitious", and turned his face away.
So the craftsmen survived by their own sweat, trading with distant lands while other regions at least got the King's attention. The whole kingdom was suffering, with invaders, empty granaries, and broken promises. But the craftsmen? They weren't even at the table where the little that remained was shared.
Then some craftsmen became wealthy through sheer determination and hard work. The people celebrated. "Finally! Our own sons will speak for us to this King who ignores us!"
But when word spread that the King would continue his position, these wealthy sons rushed to his palace, not demanding development or positions for their people, but dancing and singing: "Rule us forever! We support you!"
They moved through the villages with coins, buying hungry voices. People took the money, not from love, but because hunger bows to no one.
An old woman, grinding grain with "her own hands", watched them and said: "See those men? They have made millstones for the world but have chosen to become the King's footstool."
Her grandson asked, "Why, grandmother? The King has given them nothing. Even if he has, what about the rest of us? We have been given nothing."
She replied, "Because a slave who is allowed to hold his master's whip believes he is no longer a slave. He does not see that he is still in chains, he only sees that his chains are now decorated."
When you see a man dancing at the door he was never invited through, know that he has mistaken the doormat for a throne
Story never finish. E just dey start.
INALEGWU.
Said it since last year. Every African account that discusses geopolitics and economics has been absolutely nuked by successive algorithm tweaks.
Electric Space Boer wants African users to only discuss sports, celebrities, sex, and nonsense. Higher conversations are haram.