Grand Corruption: Nigeria’s Greatest Threat.
The recent report from the IMF consultation further raises concerns about the scale of grand corruption under the Tinubu government. The IMF now reveals that about N8.83 trillion in expenditure undertaken in 2025 is not reflected in the budget. This expenditure is not budgeted and is therefore not under legislative oversight or administrative scrutiny. This is horrible.
N8.83 trillion is as follows:
1.About 2% of our GDP.
2.Over 35% of Nigeria’s 2025 N23.96 trillion capital project budget. In fact, the amount is more than the actual released capital funding for 2025.
https://t.co/Hta3LViCB8 is more than the entire combined budget for education (N3.52 trillion) and health (N2.38 trillion).
If such an amount is properly used and accounted for, it could transform Nigeria’s public health and education sectors. It could create hundreds of cottage industries that can provide jobs for thousands of graduates and build a solid foundation for economic development. But we cannot account for it. This is not an isolated incident.
This is a pattern of grand corruption that has become part of this administration.
We have a lot to worry about regarding the state of corruption under President Tinubu. The sort of corruption that is ingrained in total disregard of elementary rules of public finance management poses a grave danger to national security and the stability of the Nigerian state. The capture of the Nigerian state and the plunder of its resources are actions that undermine the basis of state stability and deepen poverty and state failure.
This recent revelation proves that the APC government is grossly corrupt, incompetent, and insensitive. With the growing poverty and the urgent need for significant upgrades to social and physical infrastructure, a responsible and responsive government would ensure that N8.83 trillion is prudently utilised to address these gaps. But not the Tinubu administration.
A few days ago, I called on President Tinubu to resign from office for incompetence, lack of capacity, lack of compassion, and failure to improve on his campaign promises. Some people thought perhaps the call was excessive. But with the daily revelations of pervasive corruption in this administration and its total lack of commitment to the welfare and security of Nigerian citizens, the only reasonable action is for President Tinubu to resign from office. The collapse of elementary forms of due process under Tinubu and the increased evidence of rampant looting of Nigerian public finances reinforce the need for greater accountability. It is now time for Nigerian citizens to rise within the law and hold this administration to account.
A New Nigeria is POssible. -PO
Something very funny happened today.
One APC stakeholder known as Akin Alabi (farmer), went on twitter to explain how frying akara is a most lucrative business ever in the world.
After preaching, one guy started praying for him.
The guy prayed that all his children would all end up selling akara, none of them will prosper in anything if not akara. They will akara before they eat, buy clothes or pay rent.
After praying, they asked the APC guy to say Amen.
Naso my guy take run. It's been over 6 hours, he never reply.
We still dey wait for him sha.
@HarmlessHQ Meanwhile, unless history is lying to us, but if we're being honest, I think we need to apologize to Gen. Sani Abacha because Tinubu has done worse than Abacha.
These Police Officers just parked me at Bolade, Oshodi, pointed guns at me, and forced me to transfer N100,000 them. When my bank app showed "exceeded transfer limit", they dragged me to a nearby POS to do it with my card.
They initially demanded 150k each.
They were 4 in number.
These are the names I could copy:
Francis Adekunle
2087495551
Kuda
Friday Ikpe
9136237110
Okay
This is the phone number of the notorious Officer Friday Ikpe 09136237110. I got it from his opay
@PoliceNG@BenHundeyin@Princemoye1
Please my mutuals, if you see this on your TL, help repost or tag other relevant authorities until these criminals are apprehended.
Pastor Ayo Oritsejafor has joined Peter Obi in calling for Tinubu to resign.
He agrees that Tinubu has done more harm to Nigeria than any other government.
"...the number of people that will vote for APC in the next elections will determine the number of MAD people we have in Nigeria..."
~Bishop David Oyedepo
I'm abroad, a delivery guy can conveniently buy chicken and enjoy himself at any time, any day. Because chicken is just $5 (N7,000).
Meanwhile, here in Nigeria, a level 10 Federal teacher cannot even afford that chicken without using 3 months to plan for it.
And if we talk about our eroding purchasing power, Dada would start dropping different graphic designs. 😭
@BwalaDaniel It's only an idiot that will vote for a man, who said don't vote for me in my second term,if don't give Nigerians a steady electricity.
Now he's using solar in aso rock villa, mad people.
A man made a video warning the government about a potential danger on the newly constructed coastal road. Rather than investigate the issue and fix the problem, guess what happened?
They tracked him down and arrested him.
Imagine raising a safety concern that could help prevent disaster, only to be treated like a criminal.
"My son Elon Musk was never poor, he went to school in a Rolls Royce Convertible everyday." Errol Musk
"I know my son, Elon Musk is trying to motivate people but he shouldn't lîe to do that. Elon Musk never grew up in poverty like he claims. Infact he went to school in a Rolls Royce everyday. It wasn't just any Rolls Royce but a Royal Rolls Royce Cornish convertible. I helped him start his first company so in as much as he wants to motivate others that he started from scrãtch, capital is very important in any business and he made it because he had capital." ~ Errol Musk
Elon Musk father, Errol Musk reveals after Elon Musk became the world's first Trillionaire with a networth of over $1.1-Trillion and said he started from nothing will $0.00 as capital 🥲👀