Native Land Chronicles

Beyond the headlines, into the substance. 🇳🇬 Exploring statecraft, history, and the architects of our nation.

[Native Land Chronicles @nativeland1960]

₦303bn has reportedly been deployed by @NELFUND to help students cover institutional fees and remain in school.

As more students embrace the scheme, could it reshape access to higher education in Nigeria?

https://t.co/EQjlva1tOS

#NigeriaExplained

[Native Land Chronicles @nativeland1960]

ICYMI: Could Ogun State's new port put Nigeria at the centre of Africa's trade map?

#NativeLandDaily #OgunState #DPWorld #Nigeria #TradeGateway

[Native Land Chronicles @nativeland1960]

The headline ₦166.79tn is correct, but the useful context is in the composition and the exchange rate effect.

* Total public debt: ₦166.79tn as of June 30, 2026.
* Domestic debt: ₦91.59tn — 54.91% of the total.
* External debt: ₦75.20tn — 45.09%.
* Of the total, FGN debt accounts for ₦152.77tn, while States + FCT account for about ₦14.01tn.
* The DMO used ₦1,379.18/$ to convert the external debt into naira. That matters because the naira value of foreign-currency debt changes with the exchange rate.
* The increase from ₦159.35tn in March to ₦166.79tn is ₦7.44tn, or about 4.7% quarter-on-quarter.

[Native Land Chronicles @nativeland1960]

@olubunmi_J @DOlusegun Thank you for you support! 🙏🏾

[Native Land Chronicles @nativeland1960]

Are Nigeria's reforms working? Are Nigerians safer, more prosperous, more hopeful?

We put these questions to public affairs analyst and author @legendaryjoe — on subsidy removal, security, and where the country stands ahead of 2027.

Watch the full episode: https://t.co/Oj5e7mxt8Z

#NigeriaExplained #NativeLandChronicles

[Native Land Chronicles @nativeland1960]

2/2 The 2026 61st Argungu festival saw Abubakar Usman win with a 59kg catch, after years of the festival being suspended. It began as an act of peace.

Watch the full story: https://t.co/HECeQAnmMG

#NigeriaExplained #ArgunguFestival

[Native Land Chronicles @nativeland1960]

1/2: Every year, tens of thousands of fishermen dive into the Matan Fada River in Kebbi State at the sound of a single gunshot, racing to catch the biggest fish by hand.

[Native Land Chronicles @nativeland1960]

In simple terms:

* Pay on time: No late-payment interest.
* Pay after the deadline: Interest will start accumulating.
* Interest rate: It will be tied to prevailing market interest rates, rather than being a fixed amount.
* Longer delay = more interest: The longer the tax remains unpaid, the more the taxpayer may owe.

So, the policy essentially makes late tax payments more expensive and is intended to encourage taxpayers to meet their deadlines.

[Native Land Chronicles @nativeland1960]

From ₦1.56tn in 2020 → ₦5.15tn in 2025, internally generated revenue has increased by roughly ₦3.59 trillion, or 230% — more than tripling in five years.

And the latest increase is particularly notable:

1. 2023: ₦2.43tn
2. 2024: ₦3.65tn — +₦1.22tn
3. 2025: ₦5.15tn — +₦1.50tn

In 2025, taxes accounted for ₦3.79tn (73.64%), with PAYE alone at ₦2.64tn, making it the largest tax source.

[Opalekesam @opalekesam]

This is a brilliant explanation of the civil forfeiture case of the President Tinubu

[Bunmi @olubunmi_J]

This is very educational and eye-opening. Thank you.

[Native Land Chronicles @nativeland1960]

ICYMI: Will this UK-backed fundraising toolkit help more Nigerian businesses get the funding they need?

#ManufacturingAfrica #NigerianBusinesses #Investment #FDI

[Native Land Chronicles @nativeland1960]

In 2011, Professor Attahiru Jega replaced Maurice Iwu, the previous INEC Chairman and delayed elections to overhaul a corruptible voter register.

The result: 73 million biometric registrations, fingerprints erasing duplicates, and PVCs ahead of 2015.

Watch the full breakdown: https://t.co/ZCT3M6Engd

[Native Land Chronicles @nativeland1960]

The key figure is even bigger when you put the numbers in context: Heirs’ 120.4 million shares represent 20.07% of Seplat Energy, acquired for roughly $500 million in December 2025. At ₦16,000 per share, the holding is now worth about ₦1.93 trillion.

That means Thursday’s ₦131.5bn paper gain is roughly 26% of the original dollar purchase price in just one day’s naira valuation terms. Since June 30, the same stake has added roughly ₦557bn in market value.

[Daddy D.O🇳🇬 @DOlusegun]

Great explainer here on everything people get wrong about the 1993 US case involving President Bola Tinubu.

[Native Land Chronicles @nativeland1960]

@DOlusegun Thank you for sharing!

[Native Land Chronicles @nativeland1960]

@Olomu_Aperan Thank you for sharing! Stay tuned to our channel for more deep dives about contemporary and historical events!

[Native Land Chronicles @nativeland1960]

Thank you for sharing!

[D A M I L O L A @Olomu_Aperan]

FULL VIDEO: Great explainer here on everything people get wrong about the 1993 US case involving President Bola Ahmed Tinubu.

[Native Land Chronicles @nativeland1960]

ICYMI: Does the CBN's decision to slash interest rates signal a genuine vote of confidence in Tinubunomics, and proof that the economy is in the ascendancy?

#NativeLandDaily #CBN #MPR #Nigeria #Economy

[Native Land Chronicles @nativeland1960]

In 1993, US federal agents went after bank accounts tied to a young Nigerian accountant. $460,000 was forfeited. No charge was ever filed against him.

That accountant is now Nigeria's President Bola Ahmed Tinubu.

In our latest Deep Dive, Native Land Chronicles goes back in time to find out what a drug trafficking investigation in 1993 says about the President of the Federal Republic of Nigeria today: https://t.co/u6I70LUTpw

#NigeriaExplained #Tinubu

[Native Land Chronicles @nativeland1960]

This is a significant gas-development milestone for Nigeria. The key figures make the story stronger:

* TotalEnergies: 40% interest and operator
* AMNI: 60% Nigerian partner
* Location: Offshore OML 112 & 117, near Bonny Island
* Production target: 350 million cubic feet/day — equivalent to over 60,000 barrels of oil equivalent/day
* Start-up: Expected 2028
* Pipeline: 22 km connecting Ima to Nigeria LNG
* NLNG impact: Ima is expected to provide about one-third of the gas needed for Train 7
* NLNG Train 7: Expands liquefaction capacity from 22 Mtpa to 30 Mtpa
* Local content: TotalEnergies says all key contractors are Nigerian companies, with about 60% of the development workforce expected from host communities.