Good morning, everyone.
To all those paid agents engaged in a campaign to demarket His Excellency, Peter Obi, my name is Dr. Yunusa Tanko, and I stand firmly by these words.
Thank you.
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
There is money in this world. Insane money. Your mates are making ridiculous money out there because of information, access, and network. Pressure yourself, you are not doing enough.
@WorldCupMedia@Aare_AlfLaposh USA ‘94,
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Qatar 2022.
We go again to this year—USA, Canada & Mexico ‘26.
What Our Pervasive Insecurity Requires: A Holistic not Reactive Approach.
In a hasty effort to be perceived as attentive and courageous, it is reported that President Bola Tinubu has approved the recruitment of about 1000 forest guards for Oyo State. This is a further demonstration of poor leadership and attending to very serious governance and security issues with a reactive approach. It is the same reactive approach that led to the sudden removal of fuel subsidy and floating of the Naira that has caused irreparable damage to ordinary Nigerians and the economy.
While recruiting more security personnel for Oyo state and the country is important, it should be done in a more organised and well-thought-out manner. Presently, almost all the 36 states in Nigeria are experiencing different forms of insecurity, with Oyo, Plateau, Kwara, Kogi, Borno, Katsina, Anambra, Niger, Imo, and Sokoto being very alarming.
The question, such as the reactive approach of our President, is whether all the states will receive the same approval to recruit 1000 forest guards per state, that is 37, 000 forest guards for the 36 states and Abuja or is the recruitment approval based on the mood of the President? Moreover, with the approval for Oyo, what will happen to the Amotekun Corps that is trying its best to secure South-West Nigeria?. Will they be disbanded in Oyo state?
The pervasive insecurity we currently have is directly related to the failure of our ecosystem, particularly leadership. It is only failure in leadership that can lead to the death of over 10,000 innocent Nigerians since 2023, and Nigeria is ranked among the top-most terror-affected countries in the world.
Addressing our insecurity situation requires a holistic or what can be described as an ecosystem approach. With failure in leadership, there is failure in unifying our dear nation, failure in industrialisation, failure in harnessing our abundant resources in agriculture, minerals, tourism, water, sports and even oil and gas to effectively generate required revenue, growth and particularly jobs for our exponentially growing youth population.
A New and Productive Nigeria will be POssible, and we will be OK! -P0