If you’re looking for a reason to celebrate being Nigeria today, here’s one: The World Bank has raised Nigeria’s 2026 GDP growth projection to 4.4%, the best it’s been in more than a decade.
(A win is a win 🙏🏾)
Here’s why you should care as an investor. 🧵
#investbamboo
DECLARATION OF NATIONWIDE SECURITY EMERGENCY & RECRUITMENT OF ADDITIONAL ARMY AND POLICE PERSONNEL
Fellow Nigerians,
Today, in view of the emerging security situation, I have decided to declare a nationwide security emergency and order additional recruitment into the Armed Forces.
By this declaration, the police and the army are authorised to recruit more personnel. The police will recruit an additional 20,000 officers, bringing the total to 50,000.
Although I had previously approved the nationwide upgrade of police training facilities, the police authorities are, by this statement, authorised to use various National Youth Service Corps camps as training depots.
The officers being withdrawn from VIP guard duties should undergo crash training to debrief them and deliver more efficient police services when deployed to security-challenged areas of the country.
The DSS also has my authority to immediately deploy all the forest guards already trained to flush out the terrorists and bandits lurking in our forests. The agency also has my directive to recruit more men to man the forests. There will be no more hiding places for agents of evil.
My fellow Nigerians, this is a national emergency, and we are responding by deploying more boots on the ground, especially in security-challenged areas. The times require all hands on deck. As Nigerians, we should all get involved in securing our nation.
Let me take this moment to commend our security agencies for working together to secure the release of the 24 schoolgirls in Kebbi and the 38 worshippers in Kwara State. We will continue to sustain the efforts to rescue the remaining students of Catholic School in Niger State and other Nigerians still being held hostage.
To the leadership and rank and file of our Armed Forces, I commend your courage and your sacrifice. This is a challenging moment for our nation and for the military institution itself. I charge you to remain resolute, to restore peace across all theatres of operation, and to uphold the highest standards of discipline and integrity. There must be no compromise, no collusion, and no negligence. The Nigerian people are counting on you, and this administration will provide the support you need to succeed.
1/2
*"...Doctors have human face..."*
*"...on no account should the Government allow them to embark on a strike..."*
*"....their welfare demands must be attended to before any other thing...."*
*"...We appeal for full implementation of their demands so that they can call off the strike...."*
🗣️👆🏼 *Nigerians are speaking* 👆🏼 🗣️ 🗣️
While this is visionary it is like building castles on a cracked foundation …
I’m beginning to believe the minister should re-visit what he thinks are the challenges we face in our health-sector ..
Vision is good but priorities must reflect our realities ..
Been a long time I read a superficial, morally tone deaf and economically reductionist tweet.
This is economically selective, politically naive, and technically narrow!
It’s not difficult to find people who haven’t read wealth of Nations by Adams Smith..
I'm sorry to say this but many of my MBBS siblings in my mentions need to learn more economics. One poster said FG should peg doctors' salaries to the dollar, ah! Na only you dey this country?
I'll say it again, Nigeria cannot afford $1k salaries for HCWs.
33% of Nigeria's N54 trillion 2025 budget is being financed by borrowing. The estimates for what the country is going to make in revenue is projected to be short by an estimated N15 trillion
While FIRS receipts are up at 128% compared to target, they will still not account for this significant shortfall.
CONMESS, last reviewed in 2019 has entry pay at $100 per month and the top rate of pay, before allowances, at approx $473 per month.
To implement the $1k per month to bring it in line with salaries back in 2013, you would have to increase salaries 10 times across the board. That would grow the health ministry's personnel cost from N1 trillion to N10 trillion.
N10 trillion represents 18% of the whole of Nigeria's 2025 budget! 🤯
Many are saying, 'What about the money being stolen and misappropriated?' Well, even if you stem corruption and claw back the N344 billion given to NASS, I hope you see that the budget still cannot handle N10 trillion for personnel alone.
Now if some miracle happens and the govt says yes. Every other sector will immediately demand scale parity. These demands would balloon the personnel cost to twice the size of the whole budget. The govt has a responsibility to all of us to reject unreasonable salary demands from every sector, including healthcare workers.
I believe the RDA demands are reasonable; they're asking for arrears of N38 billion in owed allowances to be paid and for there to be salary negotiations. They haven't demanded $1k per month, like some on here have unreasonably said. I would like to see details from RDA on what salaries they want.
For what the govt can afford and what options we have for improving salaries, I'll write another post detailing what I think should be done.
My belief is always that conversations should be couched in reality and pragmatism, not wild dreams that set everyone up for failure.
I know a pathologist somewhere laughing hard at this post 😆😆…
God wey no dey last long once BP hit 220/120 😆😆
and still always asking, ‘can I go in?’ 😂😂” like who dey beg custom officer for Seme Border 😆😆
Central Bank of Nigeria (CBN) Governor, OlayemiCardoso, in a conversation with Hélène Rey, Lord Bagri Professor of Economics at London Business School, on Friday, October 10, 2025, reaffirmed the Bank’s commitment to orthodox monetary policy aimed at achieving single-digit inflation in the medium term. #Cardoso #LBS #LondonBusinessSchool