Ejiro Anthony

#Booklover #Accountant #Closetactivist #Godaboveeverything

[charles aniagolu @charlesaniagolu]

I don’t interview guests to embarrass them. I interview them to test arguments. If an explanation can’t withstand scrutiny, the public deserves to know.

Comparing a fake agency scandal - along with a governance breakdown involving official institutions - to 9/11 isn’t an answer, it’s a distraction.

9/11 was a catastrophic terrorist attack. What Nigerians are asking about is institutional accountability. Those are not the same conversation. When we blur them, we don't illuminate the truth - we detract from it. There's a difference between explaining a failure, and excusing one.

Thank you to everyone who reached out. It’s clear many of us still believe in one simple thing: asking hard questions, and refusing to let bad analogies replace accountability.

Journalism isn't about winning arguments. It's about refusing to let bad arguments replace accountability. That’s the job!

[Chetuya Chinagolum @Chetuyachinago]

Every Nigerian needs to pay very close attention to this official press release by the Finance Minister of Nigeria, Taiwo Oyedele. This serves as the direct response by the Federal Government to the International Monetary Fund 2026 Article IV Concluding Statement on Nigeria.

The recent IMF statement on Nigeria is overflowing with glowing praises for the Tinubu Administration and their supposedly brilliant economic policies.
The IMF is loudly cheering for the reunification of the foreign exchange market because the gap between the official and black market exchange rates has remained below 5%, which is absolutely fantastic for foreign investors since they love predictability, guaranteed margins, and zero currency friction. They also excitedly applaud the fact that Nigeria's foreign reserves have built back up, supposedly providing a comfortable cushion against global economic shocks. Finally, the IMF highly commended the Tinubu government's decisions to eliminate deficit monetization (which stopped the CBN from printing money to fund government projects) and to permanently remove petrol subsidies.

Now, the Tinubu Administration, speaking through the office of the Finance Minister, is proudly parading this IMF report like a shiny gold medal. They are framing this praise as an "independent validation" that their brutally painful economic policies over the past few years are finally yielding positive macroeconomic results. The glaring problem here is that this is not something Nigeria as a sovereign country should be celebrating, and this is entirely because of who the IMF actually works for and who dictates their underlying policies. The G7 nations and Western superpowers entirely control the IMF board, and the institution itself exists strictly to protect the financial interests of international creditor nations, massive global investment banks, ruthless hedge funds, and wealthy foreign bondholders. The primary job of the IMF is merely to ensure that the global financial system remains perfectly stable and that struggling developing nations never default on their massive, crippling debts to foreign creditors. Therefore, the IMF works exclusively for the lenders (the global financial-industrial complex), absolutely not for the bleeding borrowers like Nigeria, Ghana, Kenya, or any other struggling African nation.

To see how bad this is, just observe this currency unification being praised by the IMF as a massive win for the Tinubu Administration. They are celebrating simply because the exchange rate is now mathematically stable and investors are finally happy. This is spectacularly good for foreign speculators, but it is deeply catastrophic for us because the currency stabilized at a spectacularly weaker level of N1,400 per dollar, compared to N770 in the black market and N450 in the official rate before this administration took over.
So yes, the currency is technically unified, but at a permanently crippled level. Since Nigeria is a heavily import-dependent economy, this unified weakness has made the cost of food, life-saving medicines, basic hospital bills, school fees, transportation, building materials, imported spare parts, and daily survival astronomical, thereby permanently destroying the purchasing power of everyday Nigerians.

Furthermore, the IMF congratulating the Tinubu Administration on increasing the country's foreign reserves might sound like brilliant news, until you suddenly realize that it is this exact, deliberate policy that violently crippled our local industries. Most of the money that makes up these bloated new foreign reserves was forcefully squeezed out of the removal of petrol subsidies, a move that has deeply suffocated our local businesses, artisans, manufacturers, and logistics companies who rely entirely on petrol generators to survive. But this is not even the full tragic story. Even the bloody change they violently squeezed out of the dying Nigerian middle class was not enough to impress these foreign investors. To aggressively entice them, the Tinubu Administration spiked the base interest rate from 18% up to a staggering 27%. This was no mistake. In the US, for example, when you lend money to the government by buying Treasury Bills, federal bonds, municipal securities, or index funds, the interest you expect to make per year is at most 5%. But the Nigerian government is desperately signaling to these foreign speculators and international bondholders to come drop their dollars in Nigeria, effectively guaranteeing them a massive 27% interest by the end of the year. This might look like a huge economic win as foreign capital flows into the country, but this hot money never ends up in the pockets of ordinary Nigerians. It is never used to build schools, pay hospital bills, subsidize agriculture, fix dead refineries, or reduce house rents. The money just sits idly in the central bank to impress the IMF and World Bank creditors, proving to them that Nigeria is highly liquid and perfectly safe to lend to.

The absolute worst part of this trap is that it is not just the CBN increasing the base interest rates. The commercial banks are naturally forced to aggressively increase their lending rates even higher. Today, some predatory commercial banks are charging desperate businesses as much as 35% to 40% interest on loans. This financial terrorism has forced countless local businesses to drastically cut down production, lay off massive numbers of staff, and permanently close their branches in remote areas across Nigeria, forcing them to operate strictly within the suffocating limits of their own personal, depleted capital. It is practically mathematically impossible to borrow from a Nigerian bank, scale up production, create actual wealth, and employ the millions of struggling graduates in our society when you first have to pay 40% to the bank. Add that to the reunified currency making imports insanely expensive, meaning businesses still have to pay extra for imported raw materials, clear goods at exorbitant customs duties, pay multiple state taxes, and buy the hyper-expensive fuel that spiked in price due to the celebrated subsidy removal.

It is very possible to analyze this insulting press release further, but there is absolutely no need to waste the time. Clearly, this administration should not be celebrating warm handshakes, pat-on-the-back press releases, and polite diplomatic smiles from foreign creditors and international bondholders. They should be focusing entirely on the bleeding Nigerians who are brutally forced to carry the crushing, suffocating burden of these massive economic miscalculations just to please a comfortable, wealthy board of directors at the World Bank and the IMF.

[Peter Obi @PeterObi]

Excessive Borrowing Without Accountability: Further Affirmation of Imprudent Governance.

President Bola Tinubu's administration has engaged in remarkably imprudent borrowing, escalating Nigeria's total debt to approximately N200 trillion. This represents an increase of over N100 trillion within a mere three years, a stark contrast to the roughly N49 trillion accumulated during President Muhammadu Buhari's eight-year tenure, which would have projected to around N80 trillion. As millions of Nigerians grapple with the shock of this unsustainable debt accumulation, the situation is exacerbated by the government's reckless approach to borrowing and a profound absence of accountability and transparency in the utilisation of these funds.

For instance, data from the Federation's Budget Office reveals that the Bola Tinubu government borrowed N11.89 trillion in the first three quarters of 2025 (January to September), exceeding the planned borrowing target of N10.34 trillion by approximately N1.54 trillion. Under a responsible and accountable government, such an overshoot would necessitate rigorous scrutiny and explanation from relevant governmental bodies. Regrettably, this is not the reality under the current administration.

Compounding this issue, only N3.10 trillion of the borrowed funds was allocated to capital expenditure during the same January-September 2025 period. This constitutes a mere 17.66% of the N17.58 trillion earmarked for capital projects, leaving a deficit of roughly N14.48 trillion, or 82.34% of planned capital expenditure unfunded.

The most disturbing aspect of the financial management fiasco under Bola Tinubu is that there is no explanation or information regarding how the balance was utilised or deployed. The question that Nigerians are rightly asking and deserve an answer to is what happened to the balance? Was it deployed for recurrent expenditure/ consumption, for the entertainment of guests to Aso Rock or transferred to the Renewed Hope Agenda 2027 Election Campaign Fund? Nigerians deserve an answer on how our economy and resources are most unpatriotically managed.

A New and Productive Nigeria is POssible, and Nigeria will be OK!
-PO

[Adedayo Agarau @adedayoagarau]

I personally want Obi as Nigeria’s president so people can see that you can be upright, be respectful, be a Nigerian, be law-abiding, have no criminal case and still win in Nigeria. Obi’s presidency is good for Nigeria’s moral compass.

[Emmanuel @Emmanuel_extra]

I think the fact that most Nigerian politicians hate Peter Obi is enough reason for us to vote for him in 2027.

[oseni rufai @ruffydfire]

The same NBC that said nothing whenNTA Adamawa read out fake election results is trying to gag the press

This too shall pass

[oseni rufai @ruffydfire]

NBC expects everybody to shut up once they issue their circular they must think we are still in the military government with their draconian code

[OurFaveOnlineDoc 🇬🇧 🇳🇬 @OurFavOnlineDoc]

Don’t say anything.
Don’t explain anything.
Don’t debate anybody please.

Just retweet, repost and share everywhere.

[Grok @grok]

Yes, the press statement from INEC is identical—word for word, including formatting, signature, and date—to the one released earlier by Dada Olusegun, Special Assistant to President Tinubu on social media. Reports confirm he posted it about 23 hours before INEC's official account did. INEC's rebuttal denies copying and calls the Gazette coverage misleading, but the statements match exactly.

[NEFERTITI @firstladyship]

Dada Olusegun posted INEC press statement 23 hours before INEC posted theirs. Peoples Gazette is 100% correct. INEC is a bloody liar.

[KWEKU THE HUSTLER @Urchilla01]

Well-meaning Nigerians, it's time to #OccupyINEC #EndSars style! Actually, the time has come!

[Dele Farotimi. A victim of Nigeria @DeleFarotimi]

If you have managed to delude yourself into believing that you are citizens, in a democracy, ruled by law, and you have plans to vote or to be voted for in the 2027 “elections”, you have a minimum irreducible duty, to demand Amupitan’s removal..🤔

[OurFaveOnlineDoc 🇬🇧 🇳🇬 @OurFavOnlineDoc]

Let us set the records straight:
Nigeria is NOT an Islamic country.
Nigeria will NEVER be an Islamic country.
Nigeria is a multi-religious secular country. Today, tomorrow, forever more.

Pls retweet this so the world can know.

[Everest @novieverest]

If OBIdients are being led to a bad place, you won't be crying because you don't like OBIdients.
So your tears show good progress.

[Chinonso Charles @ChinonsoCharl15]

Can we massively unfollow this handle? Do it, comment “done,” and please retweet so others can unfollow as well. It’s a de@d party.

[Ejiro Anthony @ea_anthony]

@novieverest Legitimacy!

[NEFERTITI @firstladyship]

If you will vote for Peter Obi again, & send the incompetent crooks in the Villa home, retweet this. Let’s test Obi’s powerful microphone. 💪

[oseni rufai @ruffydfire]

I need 50,000 people to write to tell Facebook that the attempt to bring my Facebook down is politically motivated and malicious.

Let’s do it.

They want to silence me

[Ejiro Anthony @ea_anthony]

@YourCFOGuy Send

[Inibehe Effiong @InibeheEffiong]

This is a FAKE account.

This is impersonation.