Edward Agim

Transport Specialist

[Peter Obi @PeterObi]

Exponential increase in revenue with excessive borrowing: Yet more hardship for Nigerians!

In celebrating three years of his administration, President Bola Tinubu included, among his achievements, an increase in revenue from N16.8 trillion in 2022 to N35 trillion in 2025. An increase of over 100%.

Shockingly, while Nigerians expected a reduction in borrowing with the exponential increase in revenue, the opposite is the case. In just three years, President Bola Tinubu’s government seems to be obsessed with excessive and imprudent borrowing, with our total debt currently about N200 trillion—a deeply disturbing increase of over N100 trillion.

In addition to the exponential increases in both revenue and debt, it is also important to note that Nigeria has earned far more than the budget revenue targets due to global and regional geoeconomic and political tensions.

Alarmingly, even with the astronomical increase in both revenue and debt, almost all key socio-economic and governance indicators are worse than in 2023. Multi-dimensional poverty has increased from 87 million people in 2023 to over 140 million people in 2025. Rapidly increasing unemployment and a decline in GDP per capita from $1,597 in 2023 to $1,223 in 2025, and the list goes on.

Just more and more hardship for Nigerians! The question Nigerians and even the international community are asking is, “Where did all the money go?”

Nigerians deserve a detailed and transparent explanation of what happened to our economy and financial resources since 2023, and a stop to the imprudent, unaccountable, and opaque management of our common patrimony.

A new and productive Nigeria is POssible, and Nigeria will be OK! -PO

[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

[Nigeria Democratic Congress @NigeriaNDCHQ]

Ladies and Gentlemen of Nigeria.

We have a country to rescue.

Get your PVC.

[SAMBO @_Abdulakeem_]

Bandits entered a school .
Kidnapped all the students and teachers.
Now they just beheaded one of the teachers. 💔💔💔💔
Torturing the rest.

Everywhere is silent like nothing happened.

This country is fucked 😭💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔

[Edward Agim @efeezee]

@SamAmadi @PeterObi If Peter Obi is on the ballot, by the special grace of God, I would travel to Nigeria to vote. I did it the last time and I would do it again. That's my solemn devotion to the future of my country.

[Linda Mamoun @mamoun_linda]

They shot a Palestinian boy in his back and then shot him again 4-5 times.

If any other country executed a child like this, it would be front-page news.

[SimplyHuman @MansarayFrances]

Nobody has ever claimed or insinuated that Peter Obi is running for president to steal Nigeria’s money.

Not even his enemies.

That is a flex💪🏾

Happy Monday my people😊

[Chidi Anselm Odinkalu, CGoF @ChidiOdinkalu]

Originally designated for the development of a public health facility for the Wuye District of #Nigeria's Federal Capital, Abuja, Plot 546, Cadastral Zone B03, Wuye District, Abuja, comprising 3.171 hectares of prime land, is located directly opposite the Wuye Ultra-Modern Market & adjacent to the Wuye @PoliceNG Station.

In March 2026, #GreedyGlutton, @GovWike, took it into private hands. Private developer, Full Moon Estate Developers Ltd, is handling the project of turning the place into private estate. The approval, granted on 5 March 2026, carries the file number FCDA/DC/BP/RSD/PHSII/31854.

The entire site has been fenced off with barbed wire, while construction activities by the developer are already underway. It is marked as a “Residential Development” on Plot No. 546 CAD Zone B03 Wuye. But the #AbujaMasterplan has it as a public health facility.

This is a city now overwhelmed by a paverty of access to basic healthcare & sanitation & in respect of which @HouseNGR has recently urged the declaration of a health emergency.

This is how to give people #RenewedHope!

https://t.co/kE2Cl6LQLF

[Tomide Ojo @TomideOjo2]

If you have never seen this Peter Obi interview, I will advise you watch it and pass it on. It reveals why he is the best man to manage Nigeria's economy at this time.

[Engr. Kingsley @_realkingsley]

Peter Obi in Niger State to visit student in a university. Kwankwaso in Kaduna to visit victims of bombing. The OK ticket is an energetic ticket. They will restore humanity in Nigeria.

[💥 Fr. Cyriacus Kamai 🇳🇬 @vakkai]

Mr. Peter Obi goes to TV stations to discuss Nigerian problems, other politicians goes to TV stations to discuss Peter Obi.
😀

[obasi priscillia @ObasiPriscillia]

FACT CHECK:

IF YOU ARE SEEING THIS, PETER OBI WILL BE YOUR PRESIDENT!

RETWEET FOR OTHERS TO SEE!

[OjiUgo™️🍫👁️‍🗨️ @OjiUgo_nwa]

Joshua Chinedu Obika is the
House of Rep member representing AMAC/Bwari is also one of the people that rode on Peter Obi's popularity in the Labour Party in 2023 but dumped the party to APC.

Now he's back to NDC because APC didn't give him a return ticket. Know the snakes around us.

[BLESSED 🥷 @Dee_9889]

YES I WILL BE RUNNING FOR FCT SENATE SEAT UNDER THE NDC AND I NEED ALL OF YOUR SUPPORT..

-- AISHA YESUF✌️

[iOccupyNigeria @iOccupyNigeria]

https://t.co/qKXNc81B1I

[Adedayo Agarau @adedayoagarau]

I created a new page where you can find videos of 2023 APC election violence. It’s important you listen, download and share the audio at the top of the page. Share it everywhere on WhatsApp.

A govt that kills its people does not deserve to rule us:

https://t.co/kITULpJHLz

[Peter Obi @PeterObi]

Nigeria Is Bleeding From Within

It is deeply troubling to read recent World Bank reports indicating that, while Nigeria’s Federation Revenue surged to ₦84 trillion in just three years, a staggering 41% —amounting to ₦34.44 trillion —never reached the Federation Account. This sum exceeds the combined ₦34 trillion earmarked for capital projects in the 2024 and 2025 Appropriation Bills, a comparison that underscores the gravity of the situation and signals that something is fundamentally wrong.

This is not a mere oversight; it points to institutionalised corruption on a massive scale. In 1994, when the Okigbo Panel reported about $12.4 billion from the Gulf War oil windfall as unaccounted for, Nigerians were outraged and the nation shook with indignation. Today, an even more troubling situation appears to be unfolding, yet it is met with a disquietening silence.

We are trapped in a lethal paradox: Earning more as a nation, yet having less to invest in healthcare, education, and infrastructure. From 2025, systemic “deductions” have allowed agencies to capture more resources than entire states and even critical ministries.

These leakages explain why countries with fewer resources are out-performing us across key development indices. With such a broken system, how can we fix power, strengthen our schools, build resilient healthcare, or develop critical infrastructure?

Nigeria has no business being poor. We must stop these leakages through disciplined, transparent leadership driven by character. It is time to redirect our hijacked resources back to the people and move Nigeria into the league of developed nations.

With our collective resolve to change this corruption-infested system, a New Nigeria is POssible. -PO

[iOccupyNigeria @iOccupyNigeria]

THE RECEIPT HE CAN’T DELETE.

Nigeria purchased it with state funds as a national asset, but Tinubu made it a family affair. It is meant to be a Nigerian vessel, but he flagged it in the Marshall Islands to avoid Nigerian oversight. The money is supposed to come to the Nigerian treasury, but it goes to his personal accounts through Mauritius.

Every single day, an estimated $16 million (₦25 billion) in national wealth is siphoned through this parallel economy by Bola Tinubu. Small Problem: He forgot about the paper trail.

From the Bight of Benin to the Maltese mixer to the Mauritius laundry, after a painstaking investigation, we have the full map of the biggest oil heist in Nigeria's history, all being run from Aso Villa by Bola Tinubu.

Watch this space. The full forensic exposé drops Monday morning. The ghost is about to speak.

[Zekeri Idris Jnr @IdrisZekeriJnr]

Without fuel subsidy, power subsidy and forex subsidy, Tinubu has borrowed more than Obasanjo, Yar Adua, Jonathan and Buhari combined. Where is the money?

[Edward Agim @efeezee]

Iran 🩷