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
"LE MARCARON FALTAS A MESSI QUE NO ERAN"
Arturo Brizio dice que ,con un buen arbitraje, Cabo Verde🇨🇻 hubiera hecho la campanada ante Argentina🇦🇷.
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PRESS STATEMENT: - NDC Demands Immediate Sack of Chief of Staff to the President, Femi Gbajabiamila Over Massive Corruption Scandal Involving Fake Agency and Sale of Appointments.
في 2010: ميسي ما فاز لا بدوري الأبطال ولا بكأس العالم، ومع ذلك غيّروا معايير الكرة الذهبية وصارت تعتمد على الأهداف، وأعطوه الجائزة.
في 2011: كريستيانو سجّل أهداف أكثر من ميسي، لكن قالوا إن البطولات هي المعيار، وفاز ميسي بالكرة الذهبية مرة ثانية.
في 2012: كريستيانو حقق بطولات أ��ثر، لكن أعطوا الجائزة لميسي بحجة أنه سجّل 91 هدفًا في سنة ميلادية.
في 2019: فان دايك فاز بدوري الأبطال، واختير أفضل لاعب في أوروبا وأفضل لاعب في الدوري الإنجليزي، لكن ر��عوا غيّروا المعيار وصارت الأهداف هي الأهم، وفاز ميسي بالكرة الذهبية.
في 2021: ليفاندوفسكي سجّل أهدافًا أكثر، وقدّم موسمًا فرديًا تاريخيًا، وفاز بجائزة الأفضل من فيفا، لكن الكرة الذهبية ذهبت لميسي بسبب فوزه بـكوبا أمريكا.
في 2023: هالاند حقق 5 بطولات، منها الدوري الإنجليزي، ودوري أبطال أوروبا، وكأس الاتحاد الإنجليزي، وكأس العالم للأندية، وكأس السوبر الأوروبي، إضافة إلى جائزة أفضل لاعب في أوروبا، وأفضل لاعب في الدوري الإنجليزي، والحذاء الذهبي. ومع ذلك، ذهبت الكرة الذهبية إلى ميسي بسبب فوزه بـكأس العالم 2022، رغم أنهم في 2010 كانوا يقولون إن كأس العالم ما له أي ت��ثير. 😂
What Truly Should Be Our Priority Now as Leaders of a Nation?
This question has become necessary, given where we are today as a nation and where we are supposed to be.
While completing my INEC nomination form yesterday, Section E, Question 1 caught my attention. It asks: “Have you ever been adjudged a lunatic or been declared a person of unsound mind?” The answer is either Yes or No. That question got me thinking: Can we, as the political leaders of today’s Nigeria, truly say we are exhibiting the characteristics of a sound mind?
When Nigerians, including children and security personnel, are being abducted into the bushes, citizens cannot travel safely on our highways, several million Nigerians are uncertain where their next meal will come from, and several billions are being siphoned frivolously through non-existent agencies and projects, should politics really be our primary preoccupation?
A sound-minded leadership would have declared these existential challenges a national emergency and immediately mobilised all relevant institutions, security agencies, experts, community leaders, and other critical stakeholders to confront them with urgency and resolve. At a moment like this, the survival, security, and stability of Nigeria must take precedence over every other consideration. This is a time for decisive action, not political calculation or the pursuit of partisan advantage.
Further in the same Section E, Question 6, was: “Have you ever presented a forged certificate to INEC?” Again, the answer is either Yes or No. This raises another important question: Why shouldn’t INEC, in the interest of ensuring that our leaders are exemplary in following the rules and to strengthen public confidence in our electoral process, publish the academic certificates and credentials submitted by every candidate seeking elective office?
Transparency strengthens democracy and builds public trust. Nigeria’s problems are too serious for politics as usual. It is time for leadership defined by competence, character, capacity, compassion, and commitment to service.
A New Nigeria is POssible. -PO
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Wisdom Obi-Dickson
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