Adeniyi Kolade

[oseni rufai @ruffydfire]

8.8 trillion boat unaccounted for revealed by IMF

Extra budgetary spending and no one is talking

[oseni rufai @ruffydfire]

IMF says that government spent 8.8 trillion extra budgetary spending that’s 2 percent of GDP and Nigerians don’t even understand their commonwealth and then people will talk about tokenism for 50k grant for Akara seller and you praise them

Why can’t this money be channeled to the poor!

[Omoyele Sowore @sowore]

GANG OF THIEVES: The IMF has revealed that @officialABAT and his gang of thieves cannot properly account for public spending worth about 2% of Nigeria’s entire GDP, roughly ₦8.8 TRILLION.

Off-budget spending, hidden from proper scrutiny and accountability. This is not a government; it is an organized looting operation! #RevolutionNow #Sowore2027

[Everest @novieverest]

The IMF dropped a bombshell on July 1st and many Nigerians missed it.
It said the government borrowed and spent a huge percentage of money without accounting for it through the budget.
That means, off the books.

Lagos Alpha-beta style.

[oseni rufai @ruffydfire]

Nigeria is officially a joke

An EIA is a prerequisite before you start a project

The EIA of the coastal road was only completed 1 month before the coastal road was commissioned

The coastal was commissioned in May 2025

EIA was completed in April 2025

Mr Umahi has more questions to answer

It’s obvious when we asked for the EIA they didn’t have it

Construction on this highway officially began in March 2024. Releasing or finalizing EIA components a year later (April 2025) and commissioning the first phase in May 2025 means the project was built retrospectively. This defeats the legal purpose of an EIA, which is to prevent harm rather than document it after construction.[1, 2, 3, 4]

[oseni rufai @ruffydfire]

God see my heart that all my fight for the lack of due process has been vindicated with the EIA resort that was only completed 1 month before the coastal road was commissioned

The EIA further said the coastal road will cause flooding!

[Debido 🫥 @Sarkinijebu]

@HonShield @olayemicardoso1 @cenbank These are the requirements of the CBN before any parastatal can open an account

[Hon Henry Shield @HonShield]

So Mr. Olayemi Cardoso @olayemicardoso1 of Central Bank @cenbank, is it true that you are now opening official govt accounts for fictitious organizations within your bank?

[Kalu Aja @FinPlanKaluAja1]

This situation is quite concerning.

Femi Gbajabiamila, the Chief of Staff to the President, claims that the Presidential Foreign Intervention Promotion Council (PFIPC) does not exist within the structure of President Bola Ahmed Tinubu’s administration.

However, this very council is listed in the budget of the Presidency, not in some distant ministry or agency; it's allocated within the budget of the Presidency itself.

This raises two possibilities: either the Presidency is unaware of its own budget, which is meant for its own operations, or the Secretary to the Federal Government is being dishonest.

What surprises me is that the Secretary is making a definitive statement on an issue that can be easily verified. I've attached a screenshot from the Federal Budget Office, which shows what the National Assembly voted on and what the President approved.

The amount in question is N1.3 billion.

We will be closely observing how the President responds to this situation.

[Adeniyi Kolade @nykolade]

@ShehuSani So, how did the parastatal end up in the budget?

[Adeniyi Kolade @nykolade]

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[Adeniyi Kolade @nykolade]

Check out Life With Goals's video! #TikTok https://t.co/giswrzFeCX

[Adeniyi Kolade @nykolade]

When Arise tv crew asked for environmental impact assessment of the coastal road, minister of works threw them out of the hall. Today, part of reason Lagos is experiencing droid flooding is because of the road.

[The Presiding Bishop @Ogidi_Of_Owa]

Awolowo said he doesn't want the children of his cooks or drivers to turn out to be cooks and drivers themselves, reason he made sure free and qualitative education was available to all in the Western region.

People dey defend frying Akara as economic empowerment in 2026

[Mayor Of Calabar @Uno_009]

This is said to be someone's home in Lekki part of Lagos.

[SizZzle. 😎🇳🇬 @n6oflife6]

Streets that have never experienced Flooding in the History of this City are Submerged today. All Bcos One old Man wanted to steal N11Trillion via a Fake Highway NOBODY asked for…

This movie on Netflix is Crazy.. 🧐😵‍💫🤐

[oseni rufai @ruffydfire]

Unprecedented flooding all over Lagos. It's been speculated that the coastal road has blocked off major drainage channels

When Minister Dave Umahi was questioned about environmental impact assessment report he belittled and berated the journalist asking the question.