Sad: Our Children Are Now Pawns in a Deadly Ransom Economy
It’s heartbreaking to report yet another bandit attack on a school, barely three weeks after over 40 schoolchildren and their teachers were abducted and are still languishing in the forest.
The security situation in Kogi State has taken another tragic turn with a brutal bandit attack on Government Secondary School, Iluke, in Kabba-Bunu LGA. Armed bandits disguised in military uniforms invaded the school during an ongoing WAEC examination, killed the Vice Principal, Mr. Gani Anifowose, and attempted a mass abduction of students.
Reports from the scene indicate that local security personnel and vigilantes actively resisted the attackers and frustrated their abduction attempt.
Making educational institutions soft targets is a direct assault on the nation’s future. It creates a psychological barrier to school enrolment and worsens Nigeria’s out-of-school children crisis, disproportionately forcing young girls out of formal education due to fear. There is nothing more heartbreaking for a nation than being unable to protect its children.
My heartfelt condolences go to the family of the Vice Principal, who lost his life while gallantly defending the children entrusted to his care. May God grant his soul eternal repose.-PO
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