Exponential increase in revenue with excessive borrowing: Yet more hardship for Nigerians!
In celebrating three years of his administration, President Bola Tinubu included, among his achievements, an increase in revenue from N16.8 trillion in 2022 to N35 trillion in 2025. An increase of over 100%.
Shockingly, while Nigerians expected a reduction in borrowing with the exponential increase in revenue, the opposite is the case. In just three years, President Bola Tinubu’s government seems to be obsessed with excessive and imprudent borrowing, with our total debt currently about N200 trillion—a deeply disturbing increase of over N100 trillion.
In addition to the exponential increases in both revenue and debt, it is also important to note that Nigeria has earned far more than the budget revenue targets due to global and regional geoeconomic and political tensions.
Alarmingly, even with the astronomical increase in both revenue and debt, almost all key socio-economic and governance indicators are worse than in 2023. Multi-dimensional poverty has increased from 87 million people in 2023 to over 140 million people in 2025. Rapidly increasing unemployment and a decline in GDP per capita from $1,597 in 2023 to $1,223 in 2025, and the list goes on.
Just more and more hardship for Nigerians! The question Nigerians and even the international community are asking is, “Where did all the money go?”
Nigerians deserve a detailed and transparent explanation of what happened to our economy and financial resources since 2023, and a stop to the imprudent, unaccountable, and opaque management of our common patrimony.
A new and productive Nigeria is POssible, and Nigeria will be OK! -PO
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
Media Framing of Crime Along Ethnic Lines: Divisive.
As an Igbo man, I have endured stereotypes, judgment, and labelling solely based on my ethnic origins. This is not an isolated Igbo experience. Most Nigerians have, at some point, been reduced to their ethnicity rather than recognised for their true character.
I understand the pain of the ordinary Fulani man today, often unfairly judged by the actions of criminals he does not support, has never met, and who are not representative of his people.
Even in America, such unjust labelling fueled the civil rights movement and prompted Martin Luther King Jr. to declare that people should be judged by the content of their character, not the colour of their skin.
Every Nigerian ethnic group is known for its unique traditions, occupations, skills, and strengths. Crime, however, has no ethnicity. A thief is a thief. A terrorist is a terrorist. A kidnapper is a kidnapper. They are bad actors, not representatives of any people. They must be identified, arrested, and punished according to the law.
We must decisively abandon the dangerous practice of blaming entire ethnic groups for the actions of a few criminals. It is unjust, it breeds hatred, and it damages our national unity.
Let us proudly celebrate our diverse cultures, talents, and contributions, rather than falling prey to stereotypes and prejudices that politicians and divisive interests exploit for their gain.
A new Nigeria must emerge—one where no citizen is condemned because of tribe, religion, or birthplace. We can cherish our cultural roots while standing united by justice, mutual respect, and hope for a better future. We are capable of this.
A new Nigeria is within our reach. -PO
They kill children. They rape women. They behead teachers. They torture children.
They post themselves doing all of these things.
And yet you bastards are still on here talking about politics and the upcoming election like a game. As though it is a football match.
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
Dear Nigerians,
THERE IS FIRE ON THE MOUNTAIN!
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!
As a survivor of kidnapping and banditry, I can tell you that these criminals believe that no matter how much they take from you, you will eventually work and earn it back after your release.
Let me use myself as an example. After my family paid the ₦15 million ransom they demanded, along with other items worth over ₦600,000, they still weren't satisfied. They continued demanding more money and eventually asked for ₦55 million. They even told my mother to sell her house and car to raise the money.
Because my family rented a vehicle to deliver the ransom and other requested items, the kidnappers assumed we owned the car and were wealthy. They kept insisting that we sell all our properties and hand over the proceeds to them.
Omo, it was a terrible ordeal. The fear, pressure, and emotional torture were overwhelming. Watching my family struggle to meet their endless demands was heartbreaking.
One painful reality is that they often target ordinary and struggling people like us because we are easier to capture than the elites, who usually have better security and protection.
This is why we cannot continue to stay silent. Kidnapping and banditry have destroyed countless lives, families, and dreams across Nigeria. We need to raise our voices, stand together as a nation, and demand urgent action against insecurity.
Today it may be someone else's family. Tomorrow it could be yours. Enough is enough. 💔🇳🇬🙏🏽
ACCEPTANCE SPEECH BY MR. PETER OBI FOLLOWING HIS NOMINATION AS THE PRESIDENTIAL CANDIDATE OF THE NIGERIAN DEMOCRATIC CONGRESS(NDC) – MAY 30, 2026
Protocols,
Esteemed citizens of Nigeria,
It is with deep humility that I accept the role of presidential candidate for our party.
I express my profound gratitude to the leaders of our party. His Excellency Seriake Dickson, the National Chairman, National Secretary and the National Working Committee, NWC members and members of our relentless supporters, and the Nigerian populace who have steadfastly kept the spirit of hope alive. I commend those who have made the journey from every region of our nation to convene here in Abuja.
I wish to assert unequivocally: a New Nigeria is Possible. This conviction has united us; it must serve as our compass on the challenging road ahead and sustain us through all trials we may face. This pivotal moment transcends the individual ambitions of Peter Obi; it concerns the essence of our nation and the future of our children. It is about rekindling hope for millions who have faced adversity yet remain committed to Nigeria.
Today, our nation finds itself at a crucial juncture, enveloped in uncertainty. Families are anxious about their safety; parents are concerned for their children's futures; and talented youth increasingly question their prospects in their homeland.
Businesses are struggling, communities are suffering, and an alarming number of citizens have lost faith in the very concept of governance. Yet, I stand before you filled with optimism and strong faith in the resilience of our people, for I firmly believe that a New Nigeria is possible.
UNITY
To realise this New Nigeria, we must first mend the foundational elements essential for the success of any nation.
Nigeria cannot advance while fragmented by ethnic, religious, regional, or narrow political divides. We may communicate in different languages and practise diverse faiths, but we share a singular destiny under one flag. Our diversity should not be a source of division; rather, it is among our greatest strengths.
We should build bridges where others erect barriers, replace mistrust with confidence, division with understanding, and resentment with a collective purpose. A united Nigeria is indispensable. As Will Durant wisely pointed out, "A great civilisation is not conquered from without until it has destroyed itself from within." We must never self-destruct. We must heal, unify, and progress together.
INSECURITY
In terms of security, the situation in Nigeria has considerably worsened. The global terrorism impact assessments ranked Nigeria as the 8th most affected nation in 2022, 6th in 2024, and 4th in 2026.
Yet, for many years, Nigeria garnered global recognition as a reliable contributor to peacekeeping, regional stabilisation, and conflict resolution. Our troops have not only displayed bravery but have also shown professionalism, discipline, resilience, and empathy in the most challenging operational contexts. Our officers and personnel have successfully commanded multiple international forthe ces, safeguarded vulnerable civilian populations, monitored ceasefires, reinstated constitutional order, and contributed to rebuilding efforts.
Nigeria became one of the leading contributors of troops from Africa to UN peacekeeping missions and earned widespread admiration for operational effectiveness and leadership in various countries, including Rwanda, Sudan, Liberia, Sierra Leone, Mali, Western Sahara, Congo, Lebanon, Cambodia, Haiti, and Kuwait. At one pointin a Nigeria, Lt. General Isaac Obiakor (rtd) even led global peacekeeping initiatives.
We must address insecurity with resolve and urgency, for no nation can thrive while its citizens live in trepidation. The primary responsibility of the government is to ensure the safeguarding of lives and property.
Instead of declaring a strike action or going on protest at a minimum over the kidnap of their colleagues, the clowns leading the Nigeria Union of Teachers in Oyo State are embarking on a 3-day fasting and prayers.
They are even making silly excuses for the government. The same government that has failed to protect life and property?
We have a lot of sick people in this country.
“I checked all the profile of people tr0lling and I discovered none of them have G-wagon. Why should I feel bad for what a p00r man said?” — Cubana Chiefpriest.
Yesterday, May 19th, in Abuja, I attended the Presidential screening organised by our party, which took over two and a half hours. They carefully reviewed all my documents, including my degree certificates, NYSC credentials, and age declarations.
During the process, I also addressed questions regarding my vision for a new Nigeria and the type of leadership our nation urgently needs right now. Following this, I was cleared and received the presidential nomination form I had previously paid for.
I would like to commend the screening committee, led by former governor Sam Egwu, for their thorough and professional approach. Additionally, I appreciate our party's leadership for upholding the democratic process.
A New Nigeria is POssible. - PO
I’ve spent the past couple of weeks building Looters: a public archive of Nigerian political corruption since the 1990s.
Governors, ministers, shell companies, Swiss accounts, the Jersey trusts, — one searchable graph.
You too can connect the dots: https://t.co/faIfzWfAIp
A Nation Losing Its HUMANITY.
Some events shatter a society so deeply that words are no longer enough to express the shock; the brutal killing of a teacher and the horrific rape and murder of an elderly woman are among such tragedies. These are not isolated incidents but signs of deeper moral and social decay.
How did we get here? How did we reach a point where teachers are hunted and killed, and the elderly—custodians of memory and wisdom—suffer such dehumanising violence?
This is more than a security crisis; it is a failure of collective humanity. We have become desensitised, consuming tragedy briefly and moving on, allowing indifference to normalise the unacceptable.
To the families affected, I share in your grief. But grief alone is not enough.
We must demand accountability and urgent systemic change. If such atrocities no longer move us to action, then we risk losing our shared humanity. -PO
Constructed 900km of Road📍
Built 28 bridges📍
Built 2 stadia 📍
Paid pension and gratuity owed since 1996
Distributed over 1000 transformers 📍
And lots more…
Yet saved over $150m and Billions of Naira. PETER OBI for President 2027.
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Dear @WorldBankGroup
STOP GIVING NIGERIA FRESH LOANS!
STOP GIVING NIGERIA FRESH LOANS!
STOP GIVING NIGERIA FRESH LOANS!
STOP GIVING NIGERIA FRESH LOANS!
STOP GIVING NIGERIA FRESH LOANS!
You already approved a whopping total of $9.35 billion in loans & credits between June 2023 & May 2026 for the BAT administration
Enough is enough! Add your voice & repost this until The World Bank does the needful. 💔💔
My Country People, it’s about Time ❗️
Dear Nigerian Youths, Our Tomorrow has Come❗️
2027 = A New Nigeria is POSSIBLE ❗️
Peter For Ogoja
Peter For Yala
Peter For Nigeria
A VOICE FOR THE PEOPLE 2027 🎤
Dear Obidients all over Nigeria,
The Excel spreadsheet below shows the list of Individuals who rode on the Obidient wave to secure their seat then dumped the movement that made them to join the very evil we are up against (APC)
Remember that some of our colleagues died for this course while some continue to live with the injuries they sustained for standing tall for the movement.
Mark their names, they must NEVER return in 2027 neither shall we allow them back into the NDC.
NO FORGIVENESS!