Debunking the Phantom Debts and Ecological Loan Fallacy
My attention has been drawn to trending claims by the Anambra State Government that my administration left behind inherited debts, including a ₦2 billion ecological loan, contractor liabilities, and unpaid salaries, gratuities, and pensions. This is completely false.
We systematically liquidated historical gratuities and arrears dating back several years, amounting to over ₦35 billion. At the point of handover, the state owed nothing in salaries, gratuities, or pensions, nor did we owe anything to any contractor for projects duly executed and certified.
The ₦2 billion ecological fund in question was released barely three months before the end of my tenure for the Oko/Umuchiana erosion crisis. Despite pressure to spend the money, I refused, insisting that it should be left for my successor because government is a continuum and the funds were tied to a specific project.
The money was therefore left 100 per cent intact in First Bank, in Account No. 2018779464, with a balance of over ₦2.13 billion.
It is important to stress that funds tied to specific projects or set aside for particular purposes were not even included in the over ₦75 billion in savings we left behind.
If anybody can establish anything to the contrary, I will stop campaigning. -PO
@ruffydfire Two Presidential candidates
One is begging you to dig out/release any dirt you have on him & he’ll stop campaigning.
The other is begging you not to
But full-grown adults want to convince you that the one with everything to hide is better than the one with nothing to hide.
On this auspicious occasion of the birthday of His Excellency, Mr. Peter Gregory Obi, CON, we celebrate not only a statesman of uncommon integrity but also a leader whose life of service and compassion continues to impact positively on humanity. Mr. Obi’s journey in public service has been marked by discipline, transparency, and a commitment to human development, values that have distinguished him as one of Nigeria’s most exemplary leaders.
His unwavering commitment to education, healthcare, and philanthropy reflects a life dedicated to service and humanity. May this new year bring you greater strength and fulfillment.
Happy Birthday, Okwute!
@realkenokonkwo You heard from social media?
Are you no longer a member of the ADC, Sir? You should have been privy to such information before it even made its way to the public.
Meanwhile, there’s a 10bn defamation lawsuits…
I can’t continue using my money to pay for frustration. Please, improve your services.
@MTNNG, you’re not left out - #Nigerians deserves their money worth!
@AirtelNigeria can you give #Nigerians one valid reason why we should continue subscribing to your services when it’s very clear that we won’t be able to use it?
Understand that most people are relying on your network to power their businesses…
“There are a lot of things happening in the North that are not being reported.
Tafawa Balewa LG unconstitutionally relocated the headquarters to Bununu.
The only Christian in the house of assembly was suspended for whistleblowing.”
- Man explains
Egbon, In software development, there’s a concept called refactoring.
Refactoring means re-structuring the internal architecture of a codebase without changing its external behavior. You do it when the codebase has grown messy or inefficient.
Sometimes, small patches work. Sometimes, you modularize. Sometimes, you rewrite specific components.
But there’s a point engineers reach where refactoring no longer makes sense.
When the architecture itself is flawed. When core assumptions were wrong. When dependencies are deprecated. When technical debt compounds faster than fixes. When every patch creates two new bugs.
At that stage, you stop refactoring and deprecate. You rewrite everything from scratch.
That’s where Nigeria feels right now.
The architecture (Constitution) is flawed, The core assumptions (Laws) are now contestable (e.g when common terms like “and” require re-interpretation at the Supreme court), the dependencies (Institutions) that should function independently are now so corrupt, they now behave as extensions of power.
We can’t continue patching a system whose foundation is flawed and unstable. Structural problems require structural solutions and sometimes the only honest solution is to pull everything down and rebuild after the dust settles.
Amasiri Town: Collective Punishment of Innocent Residents Will Not Solve the Conflict
The attack on Amasiri came as a shock; Amasiri community was busy when news of violence in our sister community broke. We unequivocally support an independent investigation and justice for perpetrators. If miscreants committed crimes, they should be identified and prosecuted, but the entire Amasiri community must not be blamed.
Vice President, Amasiri Town Union, Maduka Amadi
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