(re)tweets are typically about Nigeria and Arsenal. Opinions can change at short notice 😉and don't represent the opinions of my employers or village people
Oh yes he did! Fela was alive during Buhari's run as head of state. Buhari was a failure then and Nigerians brought him back to fail again. Foolish people.
QUICK NOTE
I am glad Nigerians are engaged in discussions about the management of the economy, both fiscal and monetary. This matters even more as we head towards the polls, dealing with the gains, pains and fears of the reforms implemented thus far.
The post below is useful, but it also shows why economic issues require nuance beyond headlines. See...., the claim that the #IMF asked Nigeria to impose fuel and telecom taxes is substantially true, but incompletely framed. That framing may reflect the trust deficit that has built up over time with such statements, but we should not deepen it. We should help reduce it.
The IMF did not simply say “impose fuel and telecom taxes now.” In its 2026 Article IV Staff Report, it said Nigeria may need further tax policy changes over the medium term, including increasing VAT, extending VAT to fuel products, rationalising tax exemptions, and introducing telecom excises.
But it also added an important caveat. The timing of such reforms must consider poverty and food insecurity, and ensure that the cash transfer system is in place and funded.
Paragraph 20, Fiscal Policy, page 17, states:
“Further tax policy changes will likely be needed, such as increasing the VAT rate, extending VAT to fuel products, rationalising tax expenditures … and introducing telecom excises, to complement administrative gains. The timing of reforms must consider the poverty and food insecurity situation and ensure that the cash transfer system is in place and funded.”
See: https://t.co/bob1Omdcdb
The Executive Board summary also notes that additional tax policy measures may be needed over the medium term, including to fund a scaled-up cash transfer programme for vulnerable households.
Nigeria’s Executive Director also made the balancing point clear. The authorities are open to further tax policy adjustments, including possible VAT increases, VAT on fuel products, and telecom excises, but only when the cash transfer system is fully funded and operational, so the burden does not fall disproportionately on the vulnerable.
See: https://t.co/xPjiuUoL9j via @proshare
So, to the good people at @NigeriaStories, the “breaking news” version is not false. Perhaps, due to the editorial summary, it unwittingly overstated the message by omitting the IMF’s caveats on timing, sequencing, and social protection.
Without holding brief for the @IMFNews or the @NigeriaGov, and without prejudice to the wider debate on whether taxes are the right solution, the more accurate framing is this:
The IMF recommends that Nigeria consider further medium-term revenue measures, including extending VAT to fuel products and introducing telecom excises, but says timing should depend on poverty conditions and the readiness of funded cash-transfer protections.
My regards.
"Every operational resource was deployed..." when your country's defence HQ tweets this after a retired general was captured by rag tag bandits, you know you're really screwed security wise. No amount of macroeconomic reforms is changing this insecurity.💔
Nigeria we hail thee indeed.
PRESS RELEASE
DEFENCE HEADQUARTERS MOURNS THE PASSING OF RETIRED MAJOR GENERAL RABE ABUBAKAR, REAFFIRMS RESOLVE TO ERADICATE TERRORISM
The Defence Headquarters regrets to announce the passing of Major General Rabe Abubakar (Retired), who tragically lost his life in captivity following his abduction.
The Armed Forces of Nigeria (AFN) convey its deepest sympathies to the Abubakar family, his colleagues and all Nigerians. Maj Gen Abubakar served the nation with distinction and held many appointments including spokesperson of various military formations as well as spokesman for the AFN as Director Defence Information. He made immense contributions to counter-insurgency operations, professional development of the AFN and numerous other commendable and outstanding impacts. His commitment to duty and to the unity of Nigeria remains a shining example for all personnel of the AFN.
The Defence Headquarters withheld public comment on his abduction in deference to ongoing rescue efforts by the AFN and sister security agencies. Every operational resource was deployed in the hope of securing his safe return.
This sad loss further strengthens the resolve of the AFN. We will remain resolute in the discharge of our constitutional mandate to defend the sovereignty and territorial integrity of Nigeria and to protect all citizens.
In response to series of unfortunate abductions across Nigeria including that of Maj Gen Abubakar, ongoing operations have since been further intensified to bring perpetrators to justice and to dismantle all terrorist networks threatening our nation.
We assure Nigerians that the Armed Forces will not relent until peace and security are restored and those responsible for terrorists activities across the nation are held to account.
SAMAILA UBA
Major General
Director Defence Information
13 June 2026
@OpeBee Cheap data boys. You people are so dull that you can’t even coordinate properly.
Hope the 3K they paid will be enough to pay your ransom when they kidnap you?
America has taught the World that You can Deny Visa to certain Athletes to the World Cup. Known Career Footballers & Officials with No Plans for Illegal Migration. 1 day a Host Country will Ban the strong Players from Others Nations to give their Team a Chance to Win it. Bet 😮💨🤐
Mele Kyari as MD NNPC reportedly stole 210 trillion naira.
But we all forget who the minister of petroleum was at that time.
The minister of petroleum was, Mr. Integrity, the incorruptible, Saint, Muhammadu Buhari.
Ahh that settles it then!!! The senate committee that has never said anything foolish has said it so we must believe it even though it’s not coherent with the country’s earnings!
“We have written a letter to the Senate that we want a copy of the report where it is stated that ₦210 trillion cannot be explained.
“If this money is recovered, that will be enough to fix our comatose hospital, our roads that have been turned into death traps, and provide jobs for young people.”
Senior Advocate of Nigeria, Femi Falana, made the remark following the Senate’s decision to withdraw the call for the arrest of a former NNPC managing director, Mele Kyari, over alleged mismanagement.
#CTVTweet