SJN

Strategy/Management Consultant. Patriot of a New Nigeria. TeamLiverpool FC. The only Nigerian Moto GP Lover. The Lord is my Shepherd , I have it all therefore.

[Peter Obi @PeterObi]

Accountable Borrowing: The South Africa Example.

I have consistently maintained that borrowing, in itself, is not a bad thing. Every nation borrows. The critical issue is not the act of borrowing, but what the borrowed funds are used for and whether citizens can clearly see and measure the impact of such borrowing in their daily lives.

There is a lot to learn in the open and transparent manner in which South Africa handled its recently secured a $1 billion loan from the New Development Bank, with a clearly defined purpose. Publicly announcing the targeted purpose of the loan for all to know and monitor, upgrading water supply systems, modernising sanitation infrastructure, improving electricity distribution, and strengthening waste management services across eight major metropolitan cities, including Johannesburg, Cape Town, and Durban.

This is indeed what accountable borrowing should look like; the purpose is clear, the projects are identifiable, and the expected benefits to citizens are measurable. Such investments directly improve living conditions, enhance productivity, and stimulate economic growth.

In Nigeria, however, the opposite is the case: public debt has risen dramatically under the current administration, and its deployment is shrouded in secrecy from the people who will indeed pay back the loan. Today, our total public debt has increased from about ₦87 trillion in 2023 to nearly ₦200 trillion.

Yet, despite this unprecedented accumulation of debt, Nigerians are often left without a clear and detailed account of how these borrowings are being deployed to improve critical sectors such as education, healthcare, power, security, and infrastructure.

Borrowing must never become an end in itself. Every loan obtained in the name of the Nigerian people must be tied to specific, productive investments capable of generating economic value, creating jobs, reducing poverty, and improving the welfare of citizens.

Good governance demands transparency and accountability. The government must be able to clearly explain what was borrowed, where it was invested, and what measurable outcomes have been achieved. The ordinary Nigerian should be able to see and feel the benefits of every debt incurred on their behalf.

At a time when millions of Nigerians are struggling with rising costs of living, unemployment, insecurity, and declining purchasing power, fiscal discipline and prudent management of public resources are no longer optional; they are imperative.

Every borrowing decision should answer one simple question: How does this improve the life of the ordinary Nigerian? If that question cannot be convincingly answered, then we risk merely transferring today's burdens to future generations.

A New Nigeria is POssible. - PO

BRICS bank approves $1 billion lifeline for South Africa’s struggling cities | Business Insider Africa https://t.co/VN0C0Xo8zp

[SJN @SOAMQUAY]

@HRH_bankeoniru Is that the only issue you had with the interview?

Glad to know.

We all know deep down that Obi is the best option but bigotry won’t let you admit it.

Continue clowning, HRH indeed

[SJN @SOAMQUAY]

In most gatherings in Nigeria today, you look naive if you suggest Peter Obi will win.

So we all sit down and be talking Jagaban and Atiku, whereas, 80% of the people gathered there are voting Obi.

2027 will be full of surprises.

[SJN @SOAMQUAY]

@tlotrading2026 @BwalaDaniel Share your waec result. If u have 2 credits I will credit u 100k

[Abu Amir @SadiqMaunde]

For a better Nigeria, vote for Peter Obi.

Don’t come after 2027 and be praying to God to make Nigeria better after he gave you the chance to & you failed.

Nigeria will be OK! ✌️

[SJN @SOAMQUAY]

@yabaleftonline Rest

[SJN @SOAMQUAY]

@femiadebimpe Says a low IQ clown who is not even sure of his next meal

[ToksAsherYoung™ @ToksDuttie]

“In my lifetime in Nigeria, I have never seen a Nigerian politician come out and say that, as a former governor, he left money behind, built over 800 kilometers of roads, elevated his state’s education from last to top, and since leaving office has not taken a pension or any benefits attached to being a former governor.

Or that the reason he was impeached was because he refused to pad a budget that was supposed to be used for renovations. Something they wanted to do for billions of naira, he did for less than ₦400 million.

To top it off, neither the ruling party that has a record of intimidating and blackmailing their opponents with their looting/corruption records, nor the EFCC, one of the most biased & corrupt institutions in Nigeria, has found anything significant to use against him. I have never seen such a leader in Nigerian history.”

His name is Peter Obi‼️

[Peter Obi @PeterObi]

Coping with the systematic collapse of our institutions.

When the controversy surrounding the removal of former Chief Justice of Nigeria, Walter Onnoghen, unfolded, I expressed a concern to a friend: that the greatest damage might not be immediate, but the message it sends about the sanctity and independence of our institutions to the world.

Strong economies are built on trust. Investors can manage security risks, policy risks, and even market risks. What they fear most is uncertainty in the rule of law and a judiciary that is perceived to be vulnerable to political pressure.

Today, many Nigerians have lost confidence in systems that should protect them. Businesses increasingly request that their contracts be governed by foreign jurisdictions because they have greater confidence in those institutions than in our own. That should concern every patriot.

We must never sacrifice our sacred institutions on the altar of politics. Nations rise when institutions are stronger than individuals. "The federal High Court Judgement ordering the de-registration of the ADC and other political parties is just one of those activities that further reduces the common man's trust in our legal systems" it should be reversed.

I pledge that we will restore the dignity, independence, and integrity of the Judiciary. The common man must have a voice. The business community must be protected from legal uncertainty and intimidation. Justice must be impartial, accessible, and respected by all.

To our judges, legal luminaries, senior advocates, and lawyers: this is your moment. Rise, defend the rule of law, take back your country!

A New Nigeria is POssible. -PO

[Chikathe⚡️torm @Dibiahh_]

@Equityoyo @ipodnews84 Listed 5 names out of a population of over 200 million people , you literally just proved his point

[SJN @SOAMQUAY]

@michaelfalade @Equityoyo Smh….you guys deserve your chains. What about you?

Have you eaten today?

These guys you talk about are the outliers.

The system should make many more people successful not just a handful

That is his point you idiot

[SJN @SOAMQUAY]

@Equityoyo You’re actually the stupid one. What percentage of entrepreneurial Nigerian youth do these guys represent?

His point is that the system should produce hundreds of millionaires.

Do you know how many millionaires in New York City alone?

You guys deserve your chains tbh

[SJN @SOAMQUAY]

@kingkunlecs @instablog9ja You love your chains bro

[SJN @SOAMQUAY]

@osazenoo @instablog9ja @ScotLoney You guys are daft. A working system should have hundreds if not thousands successful companies like that. Not necessarily as big, but medium

[UptownOfLagos @Uptownoflagos]

1. Bakkassi boys where not in existence under Obi era, they exited only b/w 1999 to 2003. 🤦🏽

2. The demolitions of buildings of criminals was actually signed, passed & carried out by Obi himself not Obiano. 🤦🏾‍♂️

If Oshiomole does not know “basic history”, how is he a Senator?

[NEFERTITI @firstladyship]

Akpakomiza is attacking one man.
Dave Umahi is attacking one man.
Julius Abure is attacking one man.

Bayo Onanuga is attacking one man.
Kenneth Okonkwo is attacking one man.
Adams Oshiomhole is attacking one man.
The entire Establishment is attacking one man.

Wike is promising Rivers votes.
Adeleke is promising Osun votes.
Okpebholo is promising Edo votes.
Soludo is promising Anambra votes.
Akpabio is promising Akwa Ibom votes.
Dave Umahi is promising Ebonyi votes.
Dapo Abiodun is promising Ogun votes.
Sheriff Oborevwori is promising Delta votes.
32 governors are promising Heaven & earth.

They renew the promise every market day. It must be wonderful to walk in his shoes.

Our man is on everyone’s lips. You will think he snatched their wives. Do you know what it takes for one man to put Aso Rock & the entire Establishment under constant pressure?

To the point of forcing grown men to renew their pledges on camera every market day?!

He is not your mate jor. If e easy, try am! 💪💪

[SJN @SOAMQUAY]

Germany please calm down

[Harry Da Diegot @trigottista]

Eyaaaah! What a short story

Elections have consequences

[SJN @SOAMQUAY]

@Flohairs U guys just fool yourselves everyday on social media,

Nigerians have real problems everywhere and every day but you’re here parroting rubbish.

[SJN @SOAMQUAY]

@HAHayatu Be fooling yourself