Abba Audu

Researcher • Plant Genetics and Breeding

[Abba Audu @slowabba]

This life is scary. You be worried about some concerns/troubles or be striving to achieve some goals or even having your best moments and then boom, you are no more. That's where your journey ends and there's nothing anyone can do about it.

[Abba Audu @slowabba]

@MohYarees I no know whether na the economy or something. I just dey eat, sleep, pay bills, rinse and repeat

[Abba Audu @slowabba]

Me and you bro, I’m just living through the days wallahi

[Big Moh @MohYarees]

All my life this is the period I’ve been absent minded the most. I just dey.

[Simon Ritter @speakjava]

I'm rapidly discovering that the only way to use artificial intelligence effectively is if you have real intelligence...

[Abba Audu @slowabba]

@MohYarees Guy, I Dey Hiss like 1,000 times anytime I buy fuel. You fit burn 100k on fuelling for inside Minna in a month. Our living condition just Dey degrade

[Abba Audu @slowabba]

They said you should continue enduring because your governor is getting more money.

[MF Yusuf @MFYusuf__]

Full tank for my Honda Accord 2014 with fuel price of N1230 at MRS Filling Station swallowed N100,860.00 from 0 miles to 406 miles, which was equivalent to 80 liters. Tell me. What did I benefit from the removal of subsidy? How did the removal of subsidy improve my life? This is just PMS aspect of life.

[Akíntúndé Babátúndé @olorunwababs]

I always find this FAAC data interesting.

In 2018, Nigeria shared ₦7.98 trillion through FAAC. At the CBN exchange rate at the time, that was about $26 billion.

In 2025, FAAC was ₦21.9 trillion. That sounds like a massive increase which is almost three times the 2018 figure. But using the CBN rate for 2025, it comes to only about $14.4 billion.

That tells us quite a bit about what has happened to the naira.

In 2018, you needed roughly ₦306 to buy $1. By 2025, you needed around ₦1,500. So yes, there are many more naira in the system today, but each naira is worth much less than it was seven years ago.

The irony is that the weaker naira is itself one of the reasons FAAC looks so big today. If government earns $1 billion from oil and converts it at ₦1,500 to the dollar, it gets far more naira than when the exchange rate was ₦300.

But those extra naira don’t necessarily mean extra purchasing power. If a state government wants to buy equipment from abroad, for example, it is also buying those dollars at something close to ₦1,500.

This isn’t necessarily an argument that the old exchange-rate system was better. That system had its own serious problems, including multiple rates and arbitrage. The reforms since 2023 allowed the official rate to move much closer to where the market was actually pricing the naira.

It is simply a reminder to be careful with big naira numbers.

₦21.9 trillion is certainly more money than ₦7.98 trillion. But ₦1 in 2025 simply doesn’t have the same value as ₦1 in 2018.

And even the dollar comparison doesn’t tell the whole story. If we really want to know whether governments have more spending power today, we also have to account for inflation at home.

That, I suspect, is where this gets even more interesting.

[Dr Joe Abah, OON @DrJoeAbah]

As a PhD holder, I still take courses to advance my knowledge. Some think that a Bachelor’s degree that your father paid for (which is now like “Pure Water” th se days) is all you need to advance in life. As someone once said: “You will lurn and…” 😂

[Abba Audu @slowabba]

@MohYarees Runaway researcher. More of Allah’s khair sir.

[Peacock @dawisu]

"He who suffers before it is necessary, suffers more than is necessary."

Seneca

[Peacock @dawisu]

“The tongue is very small and light, but it can take you to the greatest heights or the deepest depths.”

Al-Ghazali

[Dr Joe Abah, OON @DrJoeAbah]

On Social Media, the mentality is: “We judge, we don’t listen.”

Be careful how you treat some opinions from here and don’t let the buggers grind you down.

I am Ezemmuo. I know things.

[Foundational Nupe Lawyer @egi_nupe]

Sometimes, I need to remind myself that I was never from a poor family, because there was never a time we went to bed without food or woke up to struggle to feed.

Kudos to our parents.

[Abba Audu @slowabba]

@Saddiq_02 @itz_Lucho Ibn kamshi na magana

[Hemant Mohapatra @MohapatraHemant]

The curse of discipline is that every day looks the same. The curse of indiscipline is that every year does.

[Abba Audu @slowabba]

Buhari really crossed the line. This is unacceptable!

[Anietie Philip @naty_filz]

Chicken Republic Jollof Refill is now 650.

Buhari has crossed the line tbh!

[Michael Taiwo @AskMichaelTaiwo]

Compound interest works whether you understand it or not. Start small. Start ugly. Just start early. Time does the heavy lifting nobody wants to wait for.

[Michael Taiwo @AskMichaelTaiwo]

Stress rarely comes from having too much to do. It comes from carrying all of it in your head. Write it down. Paper can hold what your mind cannot.

[Michael Taiwo @AskMichaelTaiwo]

Everybody wants the harvest. Few want the mornings nobody claps for. The farm does not care about your feelings. It rewards whoever shows up.

[Sahil Bloom @SahilBloom]

I find that my life improves a lot when I shrink the time horizon. Instead of worrying about long-term goals, I just focus on the next hour. Do one thing that moves me forward. One closed loop. One workout. One hard conversation. One whatever. Thinking about how to build a successful life is daunting. How can you have a successful day? How can you win this hour? Do that. Then do it again. Momentum is a byproduct of movement.

[Michael Taiwo @AskMichaelTaiwo]

A salary is the most comfortable trap ever built.

It pays just enough to keep you comfortable.

Never quite enough to make you free.

Comfortable people rarely leap, because the cage has a soft cushion and the door is never locked, only heavy.

The goal was never a bigger salary.

It was to reach the point where money works while you sleep.

Build one stream that does not need your body in a chair.

That first dollar you earn without trading an hour for it changes how you see everything.