Sasquatch :
"The projection of the EBI TI DEY and EBITDA tends to surpass basis point analysis for cost quagmire"
Me and my LASU Econs degree in the comments like
This person is a local government chairman, he is also a prince, and this is the road to his father's house. He is the most incompetent LGA chairman Awka South, Anambra has had since the beginning of time.
The image on the right is the project he embarked on as a mayor of Awka South. I have never seen this level of incompetence in my life. He spends most of his time talking about Peter Obi, because he is as obsessed as Soludo, his master.
Someone they gifted the mayor because his father doesn’t want him to continue being useless at home.
Debunking the Phantom Debts and Ecological Loan Fallacy
My attention has been drawn to trending claims by the Anambra State Government that my administration left behind inherited debts, including a ₦2 billion ecological loan, contractor liabilities, and unpaid salaries, gratuities, and pensions. This is completely false.
We systematically liquidated historical gratuities and arrears dating back several years, amounting to over ₦35 billion. At the point of handover, the state owed nothing in salaries, gratuities, or pensions, nor did we owe anything to any contractor for projects duly executed and certified.
The ₦2 billion ecological fund in question was released barely three months before the end of my tenure for the Oko/Umuchiana erosion crisis. Despite pressure to spend the money, I refused, insisting that it should be left for my successor because government is a continuum and the funds were tied to a specific project.
The money was therefore left 100 per cent intact in First Bank, in Account No. 2018779464, with a balance of over ₦2.13 billion.
It is important to stress that funds tied to specific projects or set aside for particular purposes were not even included in the over ₦75 billion in savings we left behind.
If anybody can establish anything to the contrary, I will stop campaigning. -PO
No. The best move for Peter Obi is to fight the government “leg-on” and get his mandate stolen as usual. And might I also remind you that he would personally lose nothing, as he's already made for life.
As for you, whose mandate Obi represents, don't go and do the “head-on” fighting. Keep waiting for David Hundeyin to return from “exile.”
I was watching a podcast the other day where the South African host interviewing a Zimbabwean guest found out to his surprise that Zimbabweans also say "futsek/voetsek" as an angry exclamation, like South Africans do. The guest had to remind him him, "We had the same colonisers."
I found it desperately upsetting that these 2 cousins living literally right next door to each other, who both come from the same wider ethnic group have somehow become complete strangers to each other because a 19th century English paedophile called Cecil Rhodes drew an imaginary line in the sand one day and called everything to the north "Rhodesia" and everything to the South "South Africa".
And because of that, Thabo and Tanaka are now strangers to the point where they no longer know even the most basic things about each other anymore. It's like someone came to your house, stole all your shit, kidnapped some of your family members, and trafficked them into slavery, but that wasn't enough. He then built a wall dividing your house into different parts and placed you and your remaining siblings on different sides of the wall so that while you know that your siblings are alive and nearby, you're also never allowed to see or speak to them again.
And then over the decades as you remain confined in this arrangement and you have your own kids, these cousins grow up never having known their cousins on the other side of the wall. It's the sort of unspeakable cruelty that only a European could ever be capable of, and it says something very unflattering about Africans that rather than destroy this wall and expunge it from our consciousness, many of us rather choose to continue being socially engineered by long-dead 19th century European paedophiles, maintaining this completely weird, illogical and bizarre psychological distance from people who are LITERALLY OUR CLOSEST LIVING RELATIVES.
Imagine someone from Burundi being a "foreigner" in Kenya? Or someone from Zimbabwe being "kwerekwere" in what used to be his own ancestral land until a white guy stole it and named it "South Africa".
JFC it's equal parts infuriating and upsetting!
Wow
As in WOW!!!
The highest annual GDP per capita achieved by BAT has not touched the lowest GDP per capita achieved by GEJ
GEJ put Nigeria inside the JP Morgan Bond Index. Today we are celebrating the “outlook” update
GEJ had the longest period of low CPI in modern Nigerian history; food prices crashed under GEJ. Today, Nigeria's inflation touched 30%; now at 15%, largely due to rebasing, food inflation is up
Nigeria retired bonds under GEJ; today, Nigeria is borrowing to repay loans
What was the poverty rate in 2014 and 2025
What was the unemployment rate in 2014 and 2025
What was FDI (not FPI) in 2014 and 2025
As in, WOW!!!!
"Burkinabe are fortunate in that in the lifetime of the people who were alive during Sankara's time, they're getting a second revolutionist (Ibrahim Traore) who is going back and upholding that legacy of Sankara." - @KhanyisileLt
The APC Campaign Council: Nigerians Deserve a New Direction
I have taken note of the recently constituted APC Presidential Campaign Council, whose composition offers Nigerians a clear picture of the choice before us in the 2027 general election.
The council brings together many of the same political actors who have supported, defended or participated in the present administration. Their coming together raises a fundamental question: what exactly are they asking Nigerians to vote for in 2027, a new beginning, or the continuation of the same system that has brought severe hardship to our people?
The truth is, I see the 2027 election as a struggle between the oppressed Nigerian masses and those who have benefited from, defended and sustained the system responsible for their hardship.
It is concerning to all well-meaning Nigerians whose across the country, their families are struggling with the rising cost of food and basic necessities. Young Nigerians face unemployment and diminishing opportunities. Farmers and businesses are struggling to survive, while millions continue to live with insecurity. Our education, healthcare and other essential public services remain under enormous pressure.
This ruling campaign structure presents another scenario between the oppressors and the oppressed. We must use it come 2027 election to reject continued oppression and demand accountable, people-centred governance. If Osun people can do it, so can all other parts of the country.
I particularly appeal to my brother, Senator Abdul’aziz Yari, who has accepted to serve as Director-General of the APC Presidential Campaign Council, to reflect deeply and reconsider accepting this responsibility.
As a former governor of Zamfara State and a prominent leader from the North-West, I believe Senator Yari has a clear understanding of the devastating consequences of insecurity, poverty, unemployment, displacement and the destruction of livelihoods in the region and the country at large.
I therefore will be surprised if in his good conscience, will lead a campaign whose principal objective is to secure the continuation of a government under which many of the people he once governed, and other innocent Nigerians remain trapped in these challenges?
There is also a serious institutional question concerning the inclusion of the Executive Chairman of the Nigeria Revenue Service, Dr Zacch Adedeji, and the Director-General of the Budget Office of the Federation, Dr Tanimu Yakubu Kurfi, in the campaign’s fundraising and finance structures.
The leadership of critical public institutions demands neutrality, integrity and public confidence. It is therefore legitimate to ask whether the responsibilities of senior officials entrusted with managing public revenue and national finances can appropriately coexist with senior partisan campaign roles.
The government and the APC should explain how such arrangements are consistent with institutional neutrality and public trust.
Ultimately, no campaign council is more powerful than the Nigerian people. - RMK
According to your favorite billionaire, Tinubu is doing well. This is like Elon Musk praising Trump policies.
Do you people agree?
I want to know between your love for billionaires and your hate for Tinubu, which is stronger? 👀🤷🏾♂️
Mr Hamzat’s administration has delivered slightly over 10,000 units of housing since it got into office in 2019.
If they meet their own “ambitious target”, they would complete about 14,000 units by the end of their tenure.
That is an average of 1,750 units per year. Shocking. Shameful even.
If you consider that well over 40% of these units were delivered in PPP arrangements that aren’t necessarily affordable, you’d realize how embarrassing their housing policy has been.
It gets even more worrying when you juxtapose this abysmal failure with the fact that since 2023, rents have surged by more than 200%, while the minimum wage, the fastest-rising income floor in the economy, has grown by only 133%.
Unfortunately, rents are still climbing at roughly 15% year-on-year, with a further 10–18% rise forecast through 2026.
This unfortunate and relentless squeeze is pushing the majority of working people outside the formal housing market, such that around 60% of Lagosians now live in informal settlements.
Mr Hamzat and his colleagues in the APC have been culpable. They have no ideas beyond a rentier economic system that prioritizes access over equity.
I graduated with a 4.99/ 5.00 CGPA in Hospitality and Tourism from Federal University of Agriculture (FUNAAB), setting a new record as the first in my department, college and the University.
Had A's all through with a single B .🏆
I was having a conversation with a friend and he asked me - "if someone promised you money, can you press them to fulfill the promise?"
I thought hard about it. Promises are made with good intentions. But sometimes, things happen that makes fulfillment impossible or delayed. However, you can send a reminder to the person in good conscience. You shouldn't be dragging them to fulfill the promise.
This is a counter to Frank Underwood who stated that, 'the nature of promises is that they are immune to changing circumstances.' This means that regardless of your personal issues or situation, you remain obligated to fulfil a promise made.
I understand the nature of humans and that is why I don't make promises. On the flip side, it is unfair to raise people's expectation with a promise, only to let them down, especially where that promise was made publicly.
I woke up thinking about how fucked up things could be in the next Nigerian elections. First, you have to battle thugs and compromised law enforcement at polling units; then you have to battle INEC. Even if you prevail over both, then you will meet “judges with big houses.” NGMI if you lose to one of them.
This is why the politicians are stealing so much. The OS of Nigeria right now is graft. How can things work out well when this is the underlying system?
Hope is not a strategy, but the opposition is largely powered by hope, while the ruling party is powered by graft and bad incentives. Something has to give. We have to find their weakest point and exploit it to survive.
If you match propaganda for propaganda, bribe for bribe, violence for violence, you will become them. It has to be something else. We have to do mass education and community support. Bigotry has to be countered with truth and generosity.
Instead of letting them use the poor, let's help the poor realize that they are better than tools of the greedy. The revolution can only start from the bottom and not the top. I don't see these boys as the enemy anymore; I see them as tools of our liberation. Those celebrities they worship may also be key to this. They have more power than the politicians realize.
The liberation of Nigeria will come from the streets. The streets are military.