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
Today, we celebrate with one of our own, Osasere Okundaye, as she shares the inspiring testimony of becoming Nigeria’s youngest Chartered Accountant at just 16 years old.
This extraordinary achievement stands as a powerful testament to God’s faithfulness and what can be accomplished through diligence, discipline, resilience, and an unwavering commitment to excellence.
Her journey is an inspiration to young people everywhere, proving that with God’s grace, determination, and a clear vision, age is never a barrier to greatness.
Congratulations, Osasere! We pray that this remarkable milestone will be the beginning of even greater accomplishments and that God will continue to lead you from glory to glory.
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“When you put M0rons like Ayodele Olawande in important positions like Minister for youth development, this is what happens. They make unwise decisions. Adire to replace NYSC khaki? Adire is a Yoruba Attire. Igbos, Hausa, nupe, efik edo , Ijaw and may other tribes no get cloth? Why’re you assigning a yoruba attire to a National youth service program?”
Verydarkman questions the minister of youth development
Pape Thiaw has to be FIRED after this tournament. His refusal to use certain players in favour of the old guard throughout the tournament, and his tactics today to sit back after going 2-0 up
@tobyasky Yesterday I confirmed it. Just look at those unnecessary substitutions at 2 -0 you don't do subs just for the sake of it. How do you stupidly dissolve that fantastic front 3 and important midfielders that started. There was no sign of fatigue