Accountable Borrowing: The South Africa Example.
I have consistently maintained that borrowing, in itself, is not a bad thing. Every nation borrows. The critical issue is not the act of borrowing, but what the borrowed funds are used for and whether citizens can clearly see and measure the impact of such borrowing in their daily lives.
There is a lot to learn in the open and transparent manner in which South Africa handled its recently secured a $1 billion loan from the New Development Bank, with a clearly defined purpose. Publicly announcing the targeted purpose of the loan for all to know and monitor, upgrading water supply systems, modernising sanitation infrastructure, improving electricity distribution, and strengthening waste management services across eight major metropolitan cities, including Johannesburg, Cape Town, and Durban.
This is indeed what accountable borrowing should look like; the purpose is clear, the projects are identifiable, and the expected benefits to citizens are measurable. Such investments directly improve living conditions, enhance productivity, and stimulate economic growth.
In Nigeria, however, the opposite is the case: public debt has risen dramatically under the current administration, and its deployment is shrouded in secrecy from the people who will indeed pay back the loan. Today, our total public debt has increased from about ₦87 trillion in 2023 to nearly ₦200 trillion.
Yet, despite this unprecedented accumulation of debt, Nigerians are often left without a clear and detailed account of how these borrowings are being deployed to improve critical sectors such as education, healthcare, power, security, and infrastructure.
Borrowing must never become an end in itself. Every loan obtained in the name of the Nigerian people must be tied to specific, productive investments capable of generating economic value, creating jobs, reducing poverty, and improving the welfare of citizens.
Good governance demands transparency and accountability. The government must be able to clearly explain what was borrowed, where it was invested, and what measurable outcomes have been achieved. The ordinary Nigerian should be able to see and feel the benefits of every debt incurred on their behalf.
At a time when millions of Nigerians are struggling with rising costs of living, unemployment, insecurity, and declining purchasing power, fiscal discipline and prudent management of public resources are no longer optional; they are imperative.
Every borrowing decision should answer one simple question: How does this improve the life of the ordinary Nigerian? If that question cannot be convincingly answered, then we risk merely transferring today's burdens to future generations.
A New Nigeria is POssible. - PO
BRICS bank approves $1 billion lifeline for South Africa’s struggling cities | Business Insider Africa https://t.co/VN0C0Xo8zp
Deregistering of political parties especially when the party has conducted their primaries and fielded candidates for election undermines democratic practices in Nigeria. The CoA should intervene!
Sustainable Success Is Built on Competence, Integrity, Discipline and hardworking.
On Saturday, I had the privilege of interacting with young entrepreneurs, professionals, business leaders, and members of the emerging generation at the This Generation Conference hosted by Summit Bible Church in Abuja.
Our discussion focused on what it takes to thrive in the marketplace despite prevailing economic challenges. I shared insights from my years in business and public service, emphasizing that sustainable success is built on integrity, competence, discipline, and a commitment to creating value for society.
I reminded participants that no nation develops by consumption alone. Nations progress when their citizens are productive, innovative, and committed to excellence. Our young people must resist the temptation of shortcuts and instead embrace education, skills acquisition, entrepreneurship, and ethical leadership.
The future of Nigeria depends largely on the quality of leadership and enterprise this generation is willing to build. We must move from a culture of sharing poverty to one of creating prosperity through production, innovation, and responsible governance.
I left encouraged by the energy, intelligence, and determination of the young people I met. Their questions, ideas, and aspirations reaffirmed my belief that Nigeria’s greatest resource remains her people.
Together, through hard work, integrity, and purposeful leadership, we can build the New Nigeria that is POssible. -PO
Dear beloved sports-loving Nigerian youths,
After watching the performances of Davido, Burna Boy, and Rema at the opening of the 2026 World Cup—at a time when Nigeria, the giant of Africa, is absent—I felt a measure of consolation. This was reinforced by the fact that many Nigerians playing for clubs worldwide are representing other countries. Felix Nmecha, for instance, set a record by scoring the fastest goal at six minutes for Germany. I write to you therefore, knowing that this country belongs to you, the youth.
You are more of stakeholders in Nigeria’s future than I am. I am 64 years old; by God’s grace, much of my journey is behind me, while yours lies ahead.
It is therefore imperative that you rise to the challenge by obtaining your PVC, your most powerful tool for driving the change you desire.
In the last three years alone, over 15 million Nigerians have turned 18—enough to decide who becomes President, Governor, Senator, Member of the House, or Local Government Chairman. Indeed, enough to shape the nation’s future.
I know many of you are sceptical about politics and political parties. I understand why, but scepticism must not become surrender.
You do not need to belong to any party or wait for anyone to organise you. Organise yourselves in your streets, campuses, communities, workplaces, churches, mosques, and social groups. Mobilise, debate, demand accountability, and take part in choosing those you wish to entrust with leadership.
If you are organised and wish to hear directly from me, invite me. I will come and share my plans for you and our nation.
Do not sit on the sidelines while others decide your future.
I appeal to you to register and vote. Your vote can shape who becomes the next President of our country.
My young friends, this is your country. Take it back.
A New Nigeria is POssible. -PO
Dear beloved sports-loving Nigerian youths,
After watching the performances of Davido, Burna Boy, and Rema at the opening of the 2026 World Cup—at a time when Nigeria, the giant of Africa, is absent—I felt a measure of consolation. This was reinforced by the fact that many Nigerians playing for clubs worldwide are representing other countries. Felix Nmecha, for instance, set a record by scoring the fastest goal at six minutes for Germany. I write to you therefore, knowing that this country belongs to you, the youth.
You are more of stakeholders in Nigeria’s future than I am. I am 64 years old; by God’s grace, much of my journey is behind me, while yours lies ahead.
It is therefore imperative that you rise to the challenge by obtaining your PVC, your most powerful tool for driving the change you desire.
In the last three years alone, over 15 million Nigerians have turned 18—enough to decide who becomes President, Governor, Senator, Member of the House, or Local Government Chairman. Indeed, enough to shape the nation’s future.
I know many of you are sceptical about politics and political parties. I understand why, but scepticism must not become surrender.
You do not need to belong to any party or wait for anyone to organise you. Organise yourselves in your streets, campuses, communities, workplaces, churches, mosques, and social groups. Mobilise, debate, demand accountability, and take part in choosing those you wish to entrust with leadership.
If you are organised and wish to hear directly from me, invite me. I will come and share my plans for you and our nation.
Do not sit on the sidelines while others decide your future.
I appeal to you to register and vote. Your vote can shape who becomes the next President of our country.
My young friends, this is your country. Take it back.
A New Nigeria is POssible. -PO
Insecurity: Nigeria Cannot Continue Like This
I received with deep shock and sadness the tragic death of retired Major General Rabe Abubakar, who reportedly died while in the custody of kidnappers. Earlier, before this heartbreaking news, I also received disturbing reports of renewed bandit attacks in Sokoto and Kwara States.
The armed bandits reportedly blocked a market route in Sokoto and abducted traders, while terrorists invaded communities in Kwara State, kidnapping scores of citizens and killing innocent people, are heartbreaking and alarming. These incidents are not isolated tragedies; they are clear manifestations of the deepening security crisis confronting our nation.
But particularly painful is the reported death of Major General Rabe Abubakar, a distinguished military officer who dedicated a significant part of his life to defending Nigeria and protecting its citizens. It is tragic that a man who served his fatherland with honour, rose through the ranks of the Nigerian Armed Forces, and retired after years of meritorious service, would meet such a heartbreaking end at the hands of criminal elements. His death is a national tragedy and a sobering indictment of the insecurity that has engulfed our country.
When traders can no longer travel safely to markets, farmers cannot access their farms, communities live under constant fear, and even retired senior military officers are not spared from the menace of kidnapping and violent crime, it becomes evident that our nation is facing a grave security emergency.
Security remains the foremost responsibility of any government. Every life lost, every citizen abducted, and every community displaced represent a painful failure of our collective duty to protect the Nigerian people. The recurring attacks in Sokoto, Kwara, and many other parts of the country demonstrate that insecurity is not only persisting but spreading in both scope and intensity.
I once again urge the Federal Government and our security agencies to move beyond rhetoric and adopt a more proactive, intelligence-driven, technology-based, and coordinated approach to tackling insecurity. We must strengthen our security architecture, improve intelligence gathering, secure our borders, equip and motivate our security personnel, and ensure that those responsible for these heinous crimes are apprehended and brought to justice.
A nation where citizens live in fear cannot prosper. A nation where economic activities are disrupted daily by criminal elements cannot attract investment, create jobs, or guarantee a better future for its people. We must urgently reclaim every part of our country from terrorists, bandits, kidnappers, and all criminal gangs threatening our collective existence.
My heartfelt condolences go to the family of Major General Rabe Abubakar, his former colleagues in the Armed Forces, and all Nigerians who have lost loved ones to insecurity. I also sympathise with the families of those killed, those abducted, and the affected communities in Sokoto, Kwara, and across the nation.
The recurring tragedies and embarrassing security failures we continue to witness make the quest for a New Nigeria not only necessary but inevitable. We must build a nation where every citizen can live, work, travel, and pursue legitimate economic activities without fear.
A New Nigeria is POssible. -PO
@Onsogbu SOUTH EAST DEVELOPMENT COMMISSION just as the name sounds and you are renting an apartment in Abuja ... To develop where? SE from Abuja or what?
Maybe na me no understand shaa!
Together Towards the New Nigeria That Is Possible
On this June 12, Democracy Day, I had useful meetings with my partners in the building of the New Nigeria that is Possible: our great party’s National Leader, H.E. Senator Seriake Dickson, and our party’s Vice Presidential candidate, H.E. Senator Rabiu Kwankwaso. The NDC, as a party that is barely four months old, despite the challenges, remains the party of the future, and the fruitful discussions at the meetings clearly underscore this fact.
The leaders and members of a committed political family must be willing to make sacrifices and show tolerance and accommodation, even in difficult circumstances. This shared understanding is essential for building trust, strengthening unity, and sustaining the vision we collectively hold for national transformation.
We are all committed to this goal. The NDC remains the vehicle that will convey Nigeria through purposeful, compassionate leadership, with firm commitment to productivity and democratic ideals towards the New Nigeria that is POssible. -PO
Information reaching me indicate that voter registration across Nigeria, more so in the South East, is dogged by inertia & bureaucratic bottlenecks. I respectfully call on @inecnigeria to facilitate speedy registration of Nigerians to enable them exercise their voting rights.-PO
Obunike Ohaegbu, when I questioned him to prove that Peter Obi was responsible for demanding the N10m from him and other HOR aspirants and N20m from the Senate aspirants, he made it clear that when he confronted the Party on who authorised the payment, the party named Peter Obi and the caucus leaders who were assembled by Peter Obi. He sent me the "PRESS STATEMENT BY THE NIGERIA DEMOCRATIC CONGRESS" to convince me. Read the Press statement and his indictment of Peter Obi below:
*PRESS STATEMENT BY THE NIGERIA DEMOCRATIC CONGRESS*
Understanding the Just Concluded NDC Primary Elections:
The Nigeria Democratic Congress (NDC), which is the fastest-growing political party in Nigeria, believes in the principles of leadership, consultation, inclusiveness, and consensus-building.
The party operates under an established stakeholder leadership structure which has caucus heads in all states of the federation.
In the South-East geopolitical zone, our presidential candidate, His Excellency Peter Obi, came into the party with an established leadership structure comprising respected elder statesmen and political leaders who serve as caucus heads in their respective states.
The caucus leaders are:
• Abia State – Chief Onyema Ugochukwu, former Chairman of the NDDC Board.
• Ebonyi State – His Excellency Dr. Sam Egwu, former Governor, former Minister, and former Senator.
• Enugu State – His Excellency Dr. Okwesilieze Nwodo, former Governor, former National Secretary, and former National Chairman of the PDP.
• Imo State – His Excellency Chief Achike Udenwa, former Governor and former Minister.
• Anambra State – Since His Excellency Peter Obi is our presidential candidate, his team coordinates the process.
These leaders were entrusted with conducting stakeholder consultations, building consensus, and making recommendations to the party based on their understanding of the peculiar political dynamics in their respective states. In addition, each state has recognized stakeholders and grassroots leaders who participate in consultations and make recommendations regarding party affairs.
This process was conducted without prejudice to the rights of any aspirant. Where aspirants disagreed with recommendations made by stakeholders or caucus leaders, they were free to test their popularity through the democratic process at the grassroots level, and this was duly accommodated.
At no time has the NDC National Secretariat been involved in the business of picking, choosing, or imposing candidates on any constituency or state. Every aspirant who approached the party was received, attended to, and directed to engage with the appropriate caucus leaders, stakeholders, and grassroots members of the party in their respective states.
In line with its affirmative action policy, the party has demonstrated a commitment to encouraging and supporting female participation in elective offices, and has done so in some cases. The party has also expressed an interest in protecting and supporting serving members of parliament. Beyond these considerations, all aspirants were referred to their state caucus leaders and all those who bought Expression of Interest Forms were asked to go into the field and participate in the primaries. We are aware of reports of some aspirants prematurely declaring themselves as candidates, as well as complaints raised by others regarding aspects of the process. These issues have been brought to the attention of the appeal panel and the leadership of the party and have been addressed accordingly.
As resolved at yesterday's NEC meeting, we now look forward to the commencement of a comprehensive reconciliation process. We count on our esteemed caucus leaders, state chairmen, stakeholders, and party leaders to engage all aspirants and members in the interest of unity, cohesion, and the continued growth of our party ...
The Obunike Ohaegbu even mocked Peter Obi by citing his favourable quote, "To answer Honourable, the path to assuming that name must be honourable." This was to convince me that the entire NDC project is a fraud and Peter Obi is at the centre of it. He wrote the message below:
DIRECT PRIMARIES AND THE DANGERS OF NDC IMPUNITY
In 2023, there was a supposed Peter Obi wave which gave many people the opportunity to clinch political positions. The NDC now hopes to take advantage of that same wave in the 2027 elections.
However, in their arrogance and alleged manipulation, they failed to factor in the implications of direct primaries in the entire process.
Voters in various communities were mobilised to different venues for supposed direct primaries. They were mobilised by aspirants they desired to vote for. They stayed all day, only to discover that either the person they voted for was not the candidate eventually shortlisted, or that voting never even took place.
They went home angry and disappointed. These are the same people the party believes will massively vote for it in 2027? Someone must be high on something.
The arrogance of the supposed beneficiaries of this compiled list made them ignore the grassroots because they had already been promised that they would be returned as candidates.
Primaries were supposedly conducted on 29th May 2026. Today is 8th June 2026, yet no results have been published.
Rumour has it that the party is waiting for the 14-day period within which aggrieved aspirants may challenge the process to elapse before publishing the results.
You are frustrating people from seeking legal redress against your manipulation, yet you will hope to get justice when the APC-led Federal Government plays your own game.
In the words of our presidential candidate, HE Peter Obi, Okwute: "To answer Honourable, the path to assuming that name must be honourable."
That statement applies not only to individuals seeking public office but also to political parties seeking the trust and mandate of the people. A party that emerges through a process tainted by allegations of manipulation, secrecy and impunity will struggle to convince Nigerians that it represents a genuine alternative.
Sad.
Nwa Miss