Fatherโs Day: A Time for Reflection
Today is Fatherโs Day. After attending church service and in my routine reflection, I find myself once again asking a difficult question: Are we cursed, or are we the cause?
I grew up in a Nigeria that was more united and peaceful. In my primary, secondary school and university days, students related freely without divisions of religion, ethnicity, or region. We simply saw ourselves as Nigerians.
After university, I entered business in an environment where partnerships were built on trust and competence, not tribe or religion. I also lived in Nigeria, where the naira commanded respect, and Nigerians enjoyed dignity abroad, with easier global mobility and much respect for our passports.
I lived in Nigeria, where I travelled across the countryโfrom Onitsha to Lagos, Maiduguri, and Calabarโwithout fear. Roads connected people, and life was more secure. Nigeriaโs Armed Forces and the Police were also widely respected for their role in global peacekeeping and international stability.
Beyond security and unity, there was also a stronger sense of public trust in institutions, with greater confidence in elections, a clearer culture of accountability in governance, more stable universities that served as centres of intellectual excellence and national pride, a more functional and accessible healthcare system, and relatively better-performing basic infrastructure such as electricity, roads, and public utilities, whichโthough imperfectโwere far less chaotic than what we experience today.
Today, as a father reflecting on Nigeria, I am pained that much of this has changed. Insecurity has grown, national unity has weakened, and many citizens no longer feel safe. Opportunities have also diminished for the younger generation compared to what we once had.
It is also worrisome that Nigeriaโs influence in global affairs appears reduced, as seen in recent international gatherings such as the just-concluded G7 meeting, where African countries like Egypt and Kenya were invited, while Nigeria was absent. Whether symbolic or not, it reflects a decline in standing we cannot ignore.
As fathers, we must not only lament. We must not bequeath this reality to our children. We owe them a better Nigeria built on security, opportunity, fairness, and national pride.
A key part of achieving this is active civic participation. We must obtain our Permanent Voter Cards (PVCs), vote responsibly, and remain committed to protecting the integrity of our votes. Change will not come from complaints alone but from citizens who choose and defend accountable leadership.
With responsibility, unity, and determination, we can together build the new Nigeria that is POssible. -PO
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 โฆ87 trillion in 2023 to nearly โฆ200 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 Africaโs struggling cities | Business Insider Africa https://t.co/VN0C0Xo8zp
โSo many Nigerians are more qualified than I am but they are not on the ballot. Among those on the ballot, I am more qualified.โ
-Peter Obi on a Media chat with Rufai Oseni.โ๏ธ
FULLY FUNDED USA SCHOLARSHIP Kentucky State University Master's Scholarship โ USA
Applications are now open for the Kentucky State University Graduate Assistantship Scholarship 2026, offering a fully funded Master's degree opportunity with an annual stipend of $30,000!
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Kindly share with those who might be interested in applying
โฌ๐ Very few clubs take advantage of the ๐๐ฅ๐๐ ๐ง๐ฅ๐๐ก๐ฆ๐๐๐ฅ market quite like Real Madrid.
Over the years they've signed some world class talent, courting them from years in advance to ensure they get their man for nothing.
โช๏ธ Bernardo Silva โ ๐๐ฅ๐๐
Signed from Man City
โช๏ธ Ibrahima Konatรฉ โ ๐๐ฅ๐๐
Signed from Liverpool
โช๏ธ Trent Alexander-Arnold โ ๐๐ฅ๐๐*
Signed from Liverpool
โช๏ธ Kylian Mbappรฉ โ ๐๐ฅ๐๐
Signed from PSG
โช๏ธ Antonio Rรผdiger โ ๐๐ฅ๐๐
Signed from Chelsea
โช๏ธ David Alaba โ ๐๐ฅ๐๐
Signed from Bayern Munich
โช๏ธ Javier Saviola โ ๐๐ฅ๐๐ Signed from Barcelona
โช๏ธ Steve McManaman โ ๐๐ฅ๐๐
Signed from Liverpool
โช๏ธ Jerzy Dudek โ ๐๐ฅ๐๐
Signed from Liverpool
โช๏ธ Bernd Schuster โ ๐๐ฅ๐๐
Signed from Barcelona
โช๏ธ Michael Laudrup โ ๐๐ฅ๐๐
Signed from Barcelona
* Okay so this was actually ยฃ8M but they targeted Trent with the same strategy
๐จ OFFICIAL: Josรฉ Mourinho, confirmed by Real Madrid as new head coach with club statement.
Benfica receive โฌ15m fee.
โThe Board of Directors of Real Madrid C.F., meeting today, Thursday, June 11, and chaired by Florentino Pรฉrez, has agreed to appoint Josรฉ Mourinho as first-team coach for the next three seasons, until June 30, 2029.
Josรฉ Mourinho will join Real Madrid on July 13, the day preseason training beginsโ.
๐จ๐ Mbappรฉ on facing Senegal: โWe face the African championsโฆ ehm, I donโt know if Morocco or Senegal won it at the end!โ.
โLetโs say the African champions!โ.
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
ESUT: Emotional Moment a Lecturer Broke Down In Tears After Being Surprised With Heartfelt Gifts By Her Students In Appreciation Of Her Dedication And Impact. ๐โค๏ธ