Why is IMF asking Nigeria to impose additional fuel & telecom taxes to overburden the already struggling masses? The answer is simple:
A third of Nigeria's Total External Debt Stock was borrowed from the World Bank Group.
Nigeria owes the World Bank approximately $19.89 billion. This is inclusive of the $9.65 billion that Bola Ahmed Tinubu has borrowed.
This debt is from two main arms of the WB:
Nigeria owes a whopping Concessional loans of $18.51 billion to the International Development Association (IDA). THAT’S NOT ALL! You owe extra $1.38 billion to the International Bank for Reconstruction & Development (IBRD) as well.
* IBRD is the lending arm of the World Bank.
* IDA is a development finance institution. IDA is a member of the World Bank Group as well.
Both Institutions are headquartered in D.C.
All the IMF wants or cares about is for Tinubu to continue to raise taxes. They want the FG to generate enough revenues to pay off WB loans.
IMF & World don’t give a fuck about the poor & the few middle class Nigerians left. That’s not their mandate. The WB wants to collect.
Bola Ahmed Tinubu is the tax collector.
No one wants to write off your debt this time. Debt Restructuring is not on the table this time.
The World Bank & IMF are Siamese twins.
You can hardly see one without the other.
@sholard_mancity No. I do not agree with you. Africans cannot stand in support of a country who does not want Africans in their country. You cannot eat your cake and still have it. South Africa is alone and I am deeply happy for the defeat, plus two red cards. It's a sweet defeat for me.
My People,
What Nigeria needs is someone that will actually care. What politics destroyed, let love restore. Love & empathy left the country’s leadership. It is time they got back in the fight.
We have to reimagine Nigeria from scratch. We must guarantee its right to change. But for Nigeria to change, we must change minds.
There was a time when honor & morals meant something. Those years are long gone, but we can dream again. We have to restore the throne of good men. People whose hearts are in the right place. It seems unfair that Nigerians are going through both psychological & financial trauma at the same time. It’s been a while since my people were happy, like genuinely happy.
It feels odd because Nigerians are almost a Lost Generation. We are this close. We were some of “The Happiest People on the planet.” Those years are long gone, but we can smile again.
“Children must be supervised” is not for Nigeria
Nigerians are some of those who were abandoned by their country. Many have abandonment issues. The children of Nigeria have no sheltered life. Many are left to their own devices. Nigeria has changed, & generally for the worse. Nothing is ever what it seems!
And despite all of these, a man still cares.
There is much to tell. We need three miracles. One for victory, & one for freedom. The last? I will keep close to my chest. A fight for freedom starts in the shadows. We will see this through.
God is with us. One with God is majority.
In our experience, the line between bravery & cowardice is so thin that you can’t see through it. The line between courage & cowardice is almost invisible. When fear & survival rules? paranoia is the result. In our case? We choose to be fearless. We are those that finally stood up to the bullies. They see courage & confuse it with the Mob. We should leave Nigeria the way it is? Are we supposed to massage your egos?
I know how much he has sacrificed for us. And he is not giving up. When things go awry, our minds quickly search for something to blame.
Sometimes, we look for someone to take the blame. Sometimes there is no one to take to fall. In his case? He is rage under control. He is above anything aggressive. They all want a pound of his flesh. He is bold, I give him that.
He defeated greed right in the belly, & they hate him for that. In a place ruled by crooks? The innocent is the one receiving the most abuse.
He sees all our efforts. He is grateful for all that we do. You know what? From here on out, let’s commit to togetherness. We are a family. Let’s stay under one roof by the fireplace, telling bedtime stories. Sometimes the miracle never comes. We don’t defy the odds. But it’s up to us to find a way. In a way, we feel like we know one another. I know it sounds crazy, but there is nowhere else I’d rather be but here, with you.
RIGHT HERE, RIGHT NOW…………….
He is the unifier. He brought us together for a cause. He became a conversation starter. He is surrounded by haters & admirers alike. They wish to have his type of grace; just a tiny slice.
They actually wish they can be like him, & walk in his shoes. If only they could have a taste of his type of stardom, perhaps they would calm down. Much of the vitriol is born out of envy.
“Must he always be the crowd’s favorite?”
But there can only be one Peter. It’s DEEDS, not words! Good name is better than gold. I am completely thralled by the kind of man he is.
He makes himself very easy to sell. Then he has his own sound—there is a ring to it. He was something quite unexpected. He entered the scene & everything changed. Suddenly, people began to ask questions. I suppose I can have the night to myself. I will soirée & take it all in.
Peter Gregory Obi is the best shot at our survival, & he doesn’t even waver. Not for a second! He believes he can really save us. He actually does all he can. Although dirt is thrown at him, & blackmail falls on him. Still he rises beautifully & defiant to dazzle our dreams. 😭
Bola Tinubu and Remi Tinubu are a perfect illustration of what it means to marry one’s type.
A vicious couple bonded by destructive and greedy proclivities.
Zero empathy.
All they care about is political power and total state capture.
When will this nightmare end in our country?
@Akin_sammy@aonanuga1956@LNCtoday I truly love this. This is exactly how useless Nigeria is under Tinubu the most useless president that this world has ever produced.
@aonanuga1956 When is Lere Olayinka @OlayinkaLere going to be arrested and charged to court for having access to INEC admin portal which is a criminal act?
How many APC politicians and errand boys have access to @inecnigeria admin portal?
@aonanuga1956 Why has the police not arrested you for threatening the Igbo people in Lagos. You can continue this nonsense until May 29, 2027 when you and that drug lord who calls himself Tinubu will vacate Aso Rock to the real voted president of Nigeria.
@PastorEAAdeboye I am just watching the nonsense you said to the government. Please can I borrow that megaphone📣 you used to protest under a God sent President GEJ?
See, you old full, dog will chop ur body and bandixts will knack ur wife & yr sons wives.
Useless olld man
Pastor David Ibiyeomie has spoken. He advised Nigerians to stand up against rigging. He called for Citizens’ Revolution against our oppressors.
Thank you Papa, we heard The Salvation Ministries loud & clear. Nigeria must be OK. 👏