They took out the fuel subsidy, removed the subsidy on forex, instituted a new tax regime, raked in billions of dollars, achieved nothing, and are now on the verge of borrowing Nigeria off the map!
Danburuba Tulumbu 🖐️!
Labour Party presidential candidate in the 2023 election and 2027 NDC presidential hopeful, Peter Obi, has challenged President Bola Tinubu’s administration to provide a detailed account of how borrowed funds have been utilised amid Nigeria’s rising public debt profile. Obi alleged that the country’s total debt has climbed to about N200 trillion, increasing by over N100 trillion within three years, and argued that the pace of borrowing has outstripped previous administrations.
Citing Budget Office figures, Obi claimed the federal government borrowed N11.89 trillion between January and September 2025, exceeding its projected borrowing target, while only a fraction of the funds was reportedly allocated to capital projects. He questioned the destination of the remaining funds and called for greater transparency and accountability in public finance management.
The remarks have intensified debate over government borrowing, fiscal sustainability and the balance between financing development and managing Nigeria’s growing debt burden
Read more on https://t.co/PVnz6a3d6P
The life we were managing in Nigeria, Tinubu came and disrupted everything in the name of tough reforms. Three years later, only the Chagoury gang is smiling.
Guys!! It’s cold very outside! I just stepped outside my house to feel it. And if it’s this cold in Lagos, it’s colder in Ibadan and much even colder in the bushes! These children and their teachers are shivering right now! This is their 27th night! God!😭😭
But fr, that bastard said he immediately removed fuel subsidy so the Government can inject the money into other things..
Almost 4 years in and the average Nigerian still cannot feel the positive impact of subsidy removal. Bro removed it so his cronies can steal it.
@Top_GunM Something so basic, could instantly turn the fortune of this country around, but they won't fix it.
We've replaced generators with powerbanks, because generators are now out of reach of the common man too. Such an insane country
Sad: Our Children Are Now Pawns in a Deadly Ransom Economy
It’s heartbreaking to report yet another bandit attack on a school, barely three weeks after over 40 schoolchildren and their teachers were abducted and are still languishing in the forest.
The security situation in Kogi State has taken another tragic turn with a brutal bandit attack on Government Secondary School, Iluke, in Kabba-Bunu LGA. Armed bandits disguised in military uniforms invaded the school during an ongoing WAEC examination, killed the Vice Principal, Mr. Gani Anifowose, and attempted a mass abduction of students.
Reports from the scene indicate that local security personnel and vigilantes actively resisted the attackers and frustrated their abduction attempt.
Making educational institutions soft targets is a direct assault on the nation’s future. It creates a psychological barrier to school enrolment and worsens Nigeria’s out-of-school children crisis, disproportionately forcing young girls out of formal education due to fear. There is nothing more heartbreaking for a nation than being unable to protect its children.
My heartfelt condolences go to the family of the Vice Principal, who lost his life while gallantly defending the children entrusted to his care. May God grant his soul eternal repose.-PO
So Bandits shared 50m on tiktok live, and Nigerians embarrassingly collected their money.
If we don't fight, it will be a landslide for Tinubu. Nigerians do not have a line.
Excessive Borrowing Without Accountability: Further Affirmation of Imprudent Governance.
President Bola Tinubu's administration has engaged in remarkably imprudent borrowing, escalating Nigeria's total debt to approximately N200 trillion. This represents an increase of over N100 trillion within a mere three years, a stark contrast to the roughly N49 trillion accumulated during President Muhammadu Buhari's eight-year tenure, which would have projected to around N80 trillion. As millions of Nigerians grapple with the shock of this unsustainable debt accumulation, the situation is exacerbated by the government's reckless approach to borrowing and a profound absence of accountability and transparency in the utilisation of these funds.
For instance, data from the Federation's Budget Office reveals that the Bola Tinubu government borrowed N11.89 trillion in the first three quarters of 2025 (January to September), exceeding the planned borrowing target of N10.34 trillion by approximately N1.54 trillion. Under a responsible and accountable government, such an overshoot would necessitate rigorous scrutiny and explanation from relevant governmental bodies. Regrettably, this is not the reality under the current administration.
Compounding this issue, only N3.10 trillion of the borrowed funds was allocated to capital expenditure during the same January-September 2025 period. This constitutes a mere 17.66% of the N17.58 trillion earmarked for capital projects, leaving a deficit of roughly N14.48 trillion, or 82.34% of planned capital expenditure unfunded.
The most disturbing aspect of the financial management fiasco under Bola Tinubu is that there is no explanation or information regarding how the balance was utilised or deployed. The question that Nigerians are rightly asking and deserve an answer to is what happened to the balance? Was it deployed for recurrent expenditure/ consumption, for the entertainment of guests to Aso Rock or transferred to the Renewed Hope Agenda 2027 Election Campaign Fund? Nigerians deserve an answer on how our economy and resources are most unpatriotically managed.
A New and Productive Nigeria is POssible, and Nigeria will be OK!
-PO
remi tinubu said the solution to expensive flights is a coastal road.
please, can someone explain to me like i’m 5 the connection between coastal roads and flights? cause idg how it makes flight tickets any cheaper….family of føøls.
People will steal public Funds, Set up private businesses and start looking for honest people to manage the businesses for them.
Reality Of Nigeria Today. 📌
Immediately after the 2023 elections, a friend who won a state house of assembly election under APC in one of the states, called me to tell to stop criticising Tinubu. He said Tinubu has a 20-year blue print to fix Nigeria just like he's doing in Lagos.
I asked, will Tinubu be in power for 20 years? He said yes. "He has been in power in Lagos since 1999 so he can be in power in Nigeria for 20 years."
Nigerians don't know the battle ahead. They think those of us speaking out are doing too much. Dey play.