If I were given the task by a foreign power to cripple a developing economy like Nigeria and reduce its 200 million people to a state of desolate, mindless nihilism, here's how I'd go about it.
1. Raise taxes indiscriminately and across board. Do so with zero consultation and make the announcement as abrupt as possible so as to magnify the shock value.
2. Institute multiple taxation and create entire new arms and functions of government centred around collecting new taxes and levies. Make this process as rapid and opaque as possible, and once again, ensure there is zero public consultation and maximum shock value.
3. Remove any subsidies on production (such as those on petrol and diesel, which power 87% of all production in Nigeria) and ensure that any consumer prices set by government (such as electricity tariffs) skyrocket. This ensures that producers not only raise prices but also pass the entire cost burden on to consumers instead of pushing back on the inflationary policies. Crippling consumer inflation ensues, followed by a debilitating cost of living crisis, the likes of which the country has never seen.
4. Make energy production and supply even more convoluted and mind-bending than they already are. Add new layers of corruption between producers and the energy they need. Insert my nephew's oil company into the nerve centre of national energy infrastructure and start a war against the country's only functioning refinery, which threatens to simply access to energy. Create a weird new national energy policy that avoids all the cheaply available energy reserves in Nigeria, and starts pushing weird stuff like "renewables" and CNG on an impoverished population whose cooking fuel is mostly still either kerosene or firewood.
5. Hire a central bank governor whose career at a certain international bank intersects very curiously with mine at a time when I was involved in illegal activity and laundering the proceeds through that bank. Naturally, he is 100% pliant and will do WHATEVER I want him to do without hesitation or pushback. And then...
6. Print money. Print it at a prodigious rate. Expand the money supply at a rate more than 3x that of what my predecessor did during the COVID years. Do all of this with zero parliamentary oversight, and spend money without any sort of appropriation or documentation. Literally print money out of thin air, purchase hard assets with it and watch the worthless fiat money disappear into the dark void of a 65% informal economy. Combined with devastating consumer inflation, an unprecedented cost of living crisis, crippling energy shortages caused by my new layers of corruption and weird energy policies, the national currency's value drops through the floor, falling 200% against the dollar in the 15 months I have had power.
7. Instead of working to build new regional export markets for my country's producers (which continue to function against all the odds), start throwing trade sanctions around ECOWAS and try to start a West African regional war on my country's northern border because France and America want me to. Where my predecessor attracted criticism for creating such close ties to our northern neighbour that he pushed for an economically unviable standard gauge rail line between both countries, I instead try to start a war with that neighbour and commit several violations of international law in the process - including possible war crimes. West Africa as a whole begins to pivot away from my country and my country's producers are left with zero export market and an impoverished local market that can't afford to buy anything.
8. PILE. ON. MORE. DEBT.
Take on loans from EVERYWHERE AND EVERYONE. IMF, World Bank, African Development Bank, Zenith Bank, LAPO Microfinance Bank, pension funds, retail investors, osusu thrift credit society, EVERYTHING. If anyone questions it, throw bullshit statistics like "Low debt-to-GDP ratio" at them.
When A Revered Emir Spoke Raw Truth To Power & Its Lieutenants
"You are the ones in power, but you have forgotten the common people. Politics has become selfishness, not service."
"Every 4 years you come to my palace with cap in hand, asking for prayers, asking for support. After election, you disappear to Abuja, to Lagos. You don't come back until next election. Is palace voting center or toilet that you visit only when pressed?"
"In my days, politics was about community. Now politics is about one man, his son, his wife, his bank account. You call it Renewed Hope, but people in Katsina are in renewed hunger."
"You are fighting each other in APC - Governor Dikko Radda vs former Governor Masari vs former Governor Aminu Bello Masari supporters vs Abuja boys. All fighting for 2027 ticket while bandits are in Batsari, in Jibia, in Safana killing people. Is that not selfishness? Your people are dying, you are fighting for ticket."
"In my Emirate, 52 schools closed because of bandits - same number Doka mentioned in his article. Farmers cannot go to farm in 12 LGAs. People pay N10m, N20m ransom to Turji and his boys. And you come to me talking about DG campaign for Tinubu 2027? Should you not be talking about DG security for Katsina 2026?"
"Where is Bello Turji? You promised to handle security. Turji is in forest 100km from here. Go and bring him, then come and campaign."
"If You Are Selfish, People Will Be Selfish With Their Votes".
"If you do politics of selfishness - only for your family, your cronies, your contacts - then people will also do politics of selfishness. They will collect your rice and vote against you. They will collect your N5,000 and still vote for who they want. Because you taught them selfishness."
"In 2023, you brought rice, you brought money, but Katsina people still split votes. In 2027, if you bring same selfish politics, they will collect but not vote you."
~ Emir of Katsina - HRH Alhaji Dr. Abdulmumini Kabir Usman CFR
To APC, Tinubu & The DG APC/Tinubu-Shettima Presidential Campaign Council & His Co-emissaries.
📌 And to all of us Nigerians.
Me: Message succinctly delivered with royal imprimatur. Nothing to add.
#EyesOnTheBall
#MakeNigeriaAffordableAgain
@officialKolaO@phrankangel@Laurestar@SamuelOmogor@realkenokonkwo@omonlakiki
@marvelstanguy I kissed , hug my wife always immediately we finish our umrah at ka’aba , not me thousands of couples are doing that and videos are all over the internet 🛜 but you ppl chooses what suit your propaganda and hatred towards Islam 😫…. They fornicate and get caught up
@marvelstanguy Stop peddling lies ; they weren’t married , they r workers have X in a place (forbidden) in mosque 🕌, their friends standing guard video them and request d girl for same too which she deny and he expose d vid and both 3 got arrested , but I personally kiss and hug my wife after
@meerahclash@RayTilde She did nothing wrong pls ; Ray too meet ummi on X time line , so what’s the big fuss, kamar ka ga mace me kyau ka bi kace ta baka lamba itama ta ga abu ya mata kuma it’s halal , so what’s about it ? Push it girl , Allah yasa da rabo
I just said I should quietly inform you people that Nigeria under Tinubu has entered this chat.
They've has just announced 2 new deep sea ports in Ogun state and in Badagry in partnership with DP World, whose former CEO Sultan Ahmed bin Sulayem resigned earlier this year after he came out in the Epstein files cheesing over a video of a woman getting tortured.
Anyway the Epstein stuff is by the way. The point is that Tinubu's Nigeria is now part of at least 4 different imperial projects - US, France, UK and now UAE. A whole Nigeria is about to start moving like Djibouti on the west coast of Africa.
Unless someone can do something about Baba Ologun Olooro.
As you were 👋🏿
The reported signing of a $700 billion mineral exploration deal between Nigeria and the US on the sidelines of the UN General Assembly is a commendable achievement.But the details of the deal should have been earlier made public for atleast parliamentary scrutiny;that would ensure our national interests and the interests of the host communities are well protected.The deal should not just be a swap to replace the Chinese miners or appease anyone.
Taking cognisance of the fact that most of the communities that host these precious minerals like Lithium ,Gold,Rare Earth and Uranium are infested by Bandits,security issues must be factored.A Mineral deal is not just an economic issue but also a sovereignty issue that must be treated seriously.When you sign a deal with a Superpower,you can’t easily “unsign”.This is a deal where even the unborn generation are chained to it.
@tobilobaayo12@Big_Mck Guy on this one na u Dey write nonsense ooh… reason am na… why not sell it to the Chinese who have more industries , trade and building almost all our infrastructure rather than US who almost have nothing but threat ?
@ogundamisi What’s actually happening? Wike dey Spain , Dino dey Spain and seyi too ? Recently Haj Aisha visited Atiku b4 jetting out ? Ben bruce dey there what’s happening?