I INDEPENDENTLY SEARCHED NIGERIA'S BUDGET DOCUMENTS FROM 2019 TO THE PRESENT. HERE IS WHAT I FOUND ABOUT THE PFIPC SCANDAL THAT NOBODY IS TALKING ABOUT.
THE NAME DID NOT COME FROM NOWHERE
Everyone is focused on Adeyemi the man. Nobody has gone back to ask where the name "Presidential Economic Advisory Council" actually came from. I did. And the answer changes this entire story.
The Presidential Economic Advisory Council is not a Tinubu creation. Tinubu's economic body is called the Presidential Economic Coordination Council. He established it in March 2024, inaugurated it in July 2024, and chairs it himself alongside Dangote, Elumelu, the Senate President and the Governors Forum Chairman. It has a different name, a different structure and a different budget code.
The Presidential Economic Advisory Council is a creation of Buhari. Buhari established it in September 2019 to replace the Economic Management Team that Osinbajo was heading. It had real named members. Prof. Doyin Salami as chairman. Charles Soludo. Bismark Rewane. Eight economists reporting directly to the President with a defined mandate and a legal institutional identity.
When Tinubu came in and created the PECC in 2024, the Buhari-era PEAC was never formally dissolved. No gazette removing it. No Budget Office circular revoking its institutional identity. It simply went dormant. But dormant in Nigeria's government system is not the same as deleted.
That dormant status is exactly what was exploited.
🚨 Real Madrid issue a statement saying they have "no intention" of signing Enzo Fernandez.
"In light of the reports and statements that have appeared in recent days regarding an alleged interest from Real Madrid CF in the player Enzo Fernández, the club wishes to state that it has not made any effort, either direct or indirect, to sign the aforementioned player and, likewise, has no intention of undertaking such an operation.
"Real Madrid wishes to express its utmost respect for Enzo Fernández, a great footballer whose career and quality are widely known, as well as for Chelsea FC, a club with which it maintains an excellent institutional relationship.
"Precisely because of the respect that an entity like Chelsea FC deserves and because of the principles of institutional loyalty that have always governed the actions of Real Madrid, the club considers it necessary to categorically deny speculations that are unfounded and do not correspond to reality.
"Real Madrid regrets that, despite the clarity of the facts and the lack of any action on the part of the club, information continues to be disseminated that does not correspond to reality and that only contributes to generating confusion among fans and unnecessarily harming the entities and people involved."
The Senate and House Reps wrote letters to a non existing agency!
Even got an office in the Federal Secretariat all without knowledge of the Government.
Please who told Bayo, Tinubu, and Femi Gbaja that we are this stupid? Because what is this damage control?
The longer Gbaja keep his job, the more complicit he is making the president look.
Of all the allegations of unprecedented corruption surrounding the Tinubu administration, this case stands out as the clearest indication yet of how some within the government appear to view Nigeria's collective wealth as a personal cake to be shared.
Rather than putting public concerns to rest, Mr. Bayo Onanuga's rebuttal raises even more questions than it answers. In any administration committed to accountability, Femi Gbajabiamila would have been suspended immediately, pending a genuinely independent, transparent, and credible investigation. Anything less only deepens public suspicion and further erodes confidence in the government's commitment to transparency and the rule of law.
BREAKING: Federal government has reduced import levy on new vehicles 🚗 into Nigeria 🇳🇬 from 20% to 10% and that of used vehicles from 15% to 5% in order to ease cost of vehicle importation. The reduction takes effect today.
Reading my leaving cards by my colleagues, first one from one of my top bosses cracks me up. Biggest traitor ever! 😂
That said, I make the most complex accounting topics look simple whilst walking you through calmly with my signature smile even if the roof is burning . That is what sets me apart from your regular Technical Accounting guy 😊.
They say AI is going to replace us all, so I wanted to go find out myself directly in an AI company how they intend to do that. Unto the next adventure…
Very soon, people’s eyes will open. This club is becoming all about buying and selling players, while the deadwood and players who barely feature are the ones they keep.
🚨💣 BREAKING: Real Madrid now plan to ACTIVATE their buy-back clause for Nico Paz.
Then, they are considering SELLING HIM TO THE PREMIER LEAGUE. @DiMarzio