Egyptโs total debt is estimated at over $400 billion, with a GDP around $390 billion โ debt-to-GDP above 100%.
South Africaโs debt is about $580 billion, with GDP around $420 billion โ roughly 135% debt-to-GDP.
Nigeriaโs total public debt is about $110 billion, with a GDP around $340 billion โ roughly 35% debt-to-GDP.
Yet some people keep shouting that Nigeria is the โloan capital of the world.โ
To them:
Loans are Haram.
Education is Haram.
Road construction is Haram.
Power projects are Haram.
Internet expansion is Haram.
Railway modernization is Haram.
Airport upgrades are Haram.
Seaport reforms are Haram.
Dams and agro-processing projects are Haram.
Solar energy expansion is Haram.
But the same people praise countries that borrowed far more aggressively to build infrastructure and grow their economies.
The difference between productive borrowing and reckless borrowing is simple: what the money is used for.
If loans are used to build roads, expand electricity, improve transport, increase internet access, modernize ports, support agriculture, and attract investment, those are long-term national assets.
President Bola Ahmed Tinubu says the focus is on infrastructure that can improve productivity and economic growth across Nigeria.
Criticism is normal in democracy, but opposing every single project simply because of politics helps nobody.
Development is not the enemy.
Underdevelopment is.
Some people are no longer in any coven.
They are simply online 24/7 wailing against everything.
This is indeed the opportunity created by ๐๐ซ๐๐ฌ๐ข๐๐๐ง๐ญ ๐๐จ๐ฅ๐ ๐๐ก๐ฆ๐๐ ๐๐ข๐ง๐ฎ๐๐ฎ ๐ข๐ง ๐๐๐๐ ๐ฐ๐ก๐๐ง ๐ก๐ ๐ฌ๐ข๐ ๐ง๐๐ ๐ญ๐ก๐ ๐ซ๐๐ฏ๐ข๐ฌ๐๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐๐ข๐ญ๐ฒ ๐๐๐ญ ๐๐๐๐.
This young man has taken advantage of that provision, which gives individuals, businesses, estates, factories, and communities the ability to generate up to 1 megawatt (1MW) of electricity without obtaining a license from the Nigerian Electricity Regulatory Commission (NERC).
As a stakeholder in the sector, this could be another opportunity for the government to reduce its over-dependency on the national grid.
Kudos to this young man, he has surely gotten the grip on his house network, with a proper metering and monitoring system for his neighbours.
Allah created whale milk with nearly 50% fat, so dense it does not mix with water, ensuring the calf is nourished even in the open sea.
Indeed, Allah is Most Wise in His creation.
ููุชูุจูุงุฑููู ูฑูููููฐูู ุฃูุญูุณููู ูฑููุฎููฐููููููู
What the ADC Doesnโt Want You to Know About Nigeria's Economic Growth Under Tinubu
In 2020, Nigeria had a trade DEFICIT of โฆ7.375 trillion, or $18.9 billion.
In 2021, Nigeria had a trade DEFICIT of N1.94 trillion, or $6.49 billion.
But since President Bola Tinubu assumed office on May 29, 2023, Nigeria has not experienced even one quarter of a trade deficit.
Instead, under Tinubu, Nigeria has experienced ten consecutive quarters of trade SURPLUSES, including:
N1.3 trillion in Q3 2023
N3.6 trillion in Q4 2023
N4.4 trillion in Q1 2024
N3.7 trillion in Q2 2024
N5.3 trillion in Q3 2024
N3.4 trillion in Q4 2024
N5.2 trillion in Q1 2025
N7.5 trillion in Q2 2025
N6.7 trillion in Q3 2025
Without counting the last quarter of 2025, for which records are not yet tabulated, Nigeria had a trade surplus of N19.34 trillion for the first nine months of 2025.
In the history of this country, from October 1, 1960, to today, January 23, 2026, no administration has been able to deliver such consistently high trade surpluses for ten consecutive quarters.
And despite this, Bolaji Abdullahi, the spokesman of the already defeated, busted, and disgusted African Democratic Congress, had the guts to go on Channels TV's Politics Today to allege that President Bola Tinubu has destroyed the economy?
President Tinubu met an inflation rate of 22.41% when he assumed office on May 29, 2023, and has reduced it to 15.15%. He met a foreign reserve of $35 billion and has increased it to $46.7 billion as of January 2026. He met a total debt of $113.42 billion; today it has reduced to $97 billion.
But even more importantly, in less than two years, President Tinubu added $67 billion to Nigeria's GDP, moving us from a โฆ269.29 trillion economy on May 29, 2023, when he became President, to โฆ372.8 trillion today.
This type of macroeconomic progress does not come accidentally. It comes strategically. It is the result of good leadership. And that is why on Tuesday, January 20, 2026, the International Monetary Fund said, and I quote, 'Nigeria's macroeconomic reforms are beginning to yield results'.
Bolaji Abdullahi has a degree in Mass Communication. With all due respect, it will amount to mass deception if he attempts to sermonise on the economy. He should leave that for the likes of Dr Mrs Ngozi Okonjo-Iweala, who has a PhD in Economics from the Massachusetts Institute of Technology, to assess. And of course, Mrs Okonjo-Iweala praised President Tinubu's handling of the economy.
Abdullahi is from Kwara State. Even his state's Governor has admitted that under Tinubu, their Federal Allocation has more than tripled. Under General Buhari, Kwara got between โฆ2.5 billion and โฆ3.9 billion monthly. Under Tinubu, Kwara gets approximately โฆ15.78 billion.
Please fact-check me: In 2022, Kwara received a total of โฆ44.32 billion from the Federation Account Allocation Committee. In the first eight months of 2025 alone, Kwara has gotten โฆ126.27 billion. This is not counting allocations for September to December.
Even in Kwara State, even in Mr Abdullahi's polling unit, nobody in their right mind would want to return to a time when the monthly allocation was โฆ2.5 billion, before Tinubu and the state government's inability to pay salaries.
If the ADC is forced to lie against the President and his government, is that not a signal that they cannot be relied on?
Reno Omokri
Gospeller. Deep Thinker. #TableShaker. #1 Bestselling author of Facts Versus Fiction: The True Story of the Jonathan Years. Hodophile. Hollywood Magazine Humanitarian of the Year, 2019. Business Insider Influencer of the Year 2022. 21st Most Talked About Person in Africa, 2024.
THE JAGABAN STRATEGY: HOW TINUBU PLAYS HIS GAME.
I was once on the panel of this Leadership conference.
Then the moderator asked me,
"As a rising leader who's your biggest influence?"
Without a shadow of doubt, I said Bola Ahmed Tinubu.
The hall went crazy.
The lady pretended like she didn't hear what I said , she asked again.
"Mr Max I asked who are you learning from more ?"
I replied, "I heard you the first time and I said Bola Ahmed Tinubu."
The room went crazy.
How could this crazy guy whose views have been controversial since the beginning of this conference say now again that "Tinubu is his biggest influence?"
I said , okay people...
Calm down...let me tell you why.
Give me just ten minutes and when I am done you'll understand.
What I am going to present here are the replies I gave to them.
They're not just stories but Lessons from his Life, Politics and Leadership that every rising leader must Learn.
There is a reason his supporters call him Jagaban โ the field marshal who plans battles long before the first shot is fired.
Bola Ahmed Tinubuโs life and political journey is not built on noise, populism or accidental success.
It is built on strategy, patience, alliances, sacrifice and institutional thinking.
If you remove emotions and propaganda, what remains is a masterclass in power, governance and survival.
Here are the key life and political strategies of the Jagaban, backed by real events and his own words.
1. Play the Long Game, Not the Crowd Game.
Tinubu never chased instant popularity.
He invested in structures, people and institutions.
โYou must define what you want in life and pursue it with focus and discipline.โ
โ Bola Ahmed Tinubu
After the June 12 annulment, Tinubu chose exile over compromise.
He lost comfort, business and safety, but protected his principles.
Many who mocked him later benefited from the democracy he helped restore.
Lesson: Popular applause fades. Strategic consistency lasts.
2. Build People, Not Just Positions.
Tinubuโs greatest legacy is not offices โ it is people.
Governors, ministers, senators, technocrats, party leaders across Nigeria today passed through the Tinubu political school.
โI am not a leader who hoards power. I invest in people.โ
From Lagos: Fashola, Ambode, Sanwo-Olu, Osinbajo, Wale Edun, Babajide, dozens of commissioners and technocrats who later became national assets.
Lesson: If you empower others, your influence outlives your title.
3. Control the Economy Before Chasing Popularity.
As Lagos Governor (1999โ2007), Tinubu focused on revenue, not slogans.
Lagos IGR grew from about โฆ600 million monthly to over โฆ7 billion despite federal hostility and illegal seizure of LG funds.
โWithout resources, governance is empty talk.โ
Lesson: A leader who understands economics controls destiny.
4. Turn Opposition into Opportunity.
When the federal government withheld Lagos funds, Tinubu didnโt cry โ he innovated.
Creation of fiscal reforms, tax systems, private-sector-driven governance and institutional independence that later became the Lagos model copied nationwide.
Lesson: Pressure reveals leaders. Victimhood destroys them.
5. Never Fight All Battles at Once.
Tinubu knows when to fight, when to retreat, and when to negotiate.
Did you see what he did with Donald Trump?
Many thought he was going to drown. Instead he turned them into allies and even added France and Israel to his strategic alliance against insecurity.
โPolitics is about interest, negotiation and timing.โ
From forming AC to ACN to APC, he waited patiently, merged forces, compromised where necessary, and struck decisively in 2015 and again in 2023.
Lesson: Strategy beats emotional activism.
6. Sacrifice Personal Ambition for Collective Victory.
Tinubu stepped aside multiple times so others could lead โ until the moment was right.
He backed Buhari twice. He supported governors who later challenged him.
Yet when the time came, his structure stood firm.
Abubakar Abdullahi, the Imam of Nghar Village in Barkin Ladi LGA, who courageously protected 262 Christians, has passed away.
He didnโt see religion, he saw humanity. He didnโt choose division, he chose Nigeria.
May his legacy remind us that our strength is in unity, and that peace is possible when we protect one another as brothers and sisters.
May Allah grant him Jannah, and may his family and community find comfort. ๐ณ๐ฌ๐๏ธ
Not true, first set of social programs were introduced 8 years after implementation of income tax (health, accident, old age and disability insurance)
The next set came after 38years (unemployment insurance, system codified)
Then 100years later (universal coverage, long term care and reforms)
This spanned through 1881 to present day.
We havenโt even been a country for the amount of time Germany have been paying income tax
If Bitcoin hits $160,000 by January then i will give away 1 BTC ($160,000) to some random account that retweets this post.
Tom Lee said it will happen
Micheal Saylor said it will happen
So surely iโm going to be out of pocket and one of you winsโฆ