Grand Corruption: Nigeria’s Greatest Threat.
The recent report from the IMF consultation further raises concerns about the scale of grand corruption under the Tinubu government. The IMF now reveals that about N8.83 trillion in expenditure undertaken in 2025 is not reflected in the budget. This expenditure is not budgeted and is therefore not under legislative oversight or administrative scrutiny. This is horrible.
N8.83 trillion is as follows:
1.About 2% of our GDP.
2.Over 35% of Nigeria’s 2025 N23.96 trillion capital project budget. In fact, the amount is more than the actual released capital funding for 2025.
https://t.co/Hta3LViCB8 is more than the entire combined budget for education (N3.52 trillion) and health (N2.38 trillion).
If such an amount is properly used and accounted for, it could transform Nigeria’s public health and education sectors. It could create hundreds of cottage industries that can provide jobs for thousands of graduates and build a solid foundation for economic development. But we cannot account for it. This is not an isolated incident.
This is a pattern of grand corruption that has become part of this administration.
We have a lot to worry about regarding the state of corruption under President Tinubu. The sort of corruption that is ingrained in total disregard of elementary rules of public finance management poses a grave danger to national security and the stability of the Nigerian state. The capture of the Nigerian state and the plunder of its resources are actions that undermine the basis of state stability and deepen poverty and state failure.
This recent revelation proves that the APC government is grossly corrupt, incompetent, and insensitive. With the growing poverty and the urgent need for significant upgrades to social and physical infrastructure, a responsible and responsive government would ensure that N8.83 trillion is prudently utilised to address these gaps. But not the Tinubu administration.
A few days ago, I called on President Tinubu to resign from office for incompetence, lack of capacity, lack of compassion, and failure to improve on his campaign promises. Some people thought perhaps the call was excessive. But with the daily revelations of pervasive corruption in this administration and its total lack of commitment to the welfare and security of Nigerian citizens, the only reasonable action is for President Tinubu to resign from office. The collapse of elementary forms of due process under Tinubu and the increased evidence of rampant looting of Nigerian public finances reinforce the need for greater accountability. It is now time for Nigerian citizens to rise within the law and hold this administration to account.
A New Nigeria is POssible. -PO
I took the boys and teachers to the Italian Parliament building in Rome, which is equivalent to the National Assembly in Nigeria.
The boys asked why everyone was walking freely and why the police were being so nice to us.
I told them that what you see in Nigerian government offices is Third World behavior.
If you’re leading your people well, nobody will want to kill you.
I just read the statement issued by Bayo Onanuga on behalf of the Presidency, which supposedly trying to put a defence for the Chief of staff, Gbajabiamila.
However, I think the Presidency's statement was clearly intended to shut down public scrutiny. Ironically, it has achieved the exact opposite. It answered some questions, but in doing so, it exposed even bigger ones.
Let us assume, for a moment, that every allegation against Prince Adeyemi is true. Even then, the statement leaves glaring gaps that no amount of rhetoric can paper over.
You are asking Nigerians to believe that one private citizen woke up one morning, invented a presidential agency, forged his own appointment, secured office space inside the Federal Secretariat, recruited staff, held meetings with diplomats, corresponded with government institutions, allegedly opened a CBN account through official channels, and if the official budget documents are anything to go by, the same "non-existent" agency found its way into the Appropriation Act with an allocation running into billions.
If that is truly what happened, then this is no longer just the story of an alleged fraudster. It is also the story of spectacular institutional failure. Either government systems were astonishingly easy to deceive, or there are questions that still have not been answered.
The statement conveniently glosses over the budget issue. That silence is deafening.
How does a fictitious agency appear in the national budget? Budget allocations do not descend from heaven. They pass through ministries, the Budget Office, executive review and legislative approval. Who introduced the line item? Who processed it? Who signed off on it? Who failed to ask whether the agency even existed?
Those are not political questions. They are governance questions.
Then there is the issue of the Federal Secretariat office. Offices inside government complexes are not roadside kiosks. How was the space obtained? Under whose authority? How long did it operate? Who interacted with the occupants? Who looked the other way?
Again, silence.
Then comes the most curious part of the story.
The Presidency says the very person allegedly identified as the link between Adeyemi and the purported appointment, Dolapo Babatunde Tanimola, had died in a hotel fire just five days before Adeyemi's arrest.
That is an extraordinary detail. Yet we are given almost nothing beyond it.
Was there an autopsy? Was there a coroner's inquest? What did investigators conclude about the fire? Were his electronic devices, communications and financial records examined? If he was central enough to be named in the statement, why is the public expected not to ask what became of the investigation into his death?
These are not conspiracy theories. They are the obvious questions any serious investigator would ask.
The Presidency wants Nigerians to focus exclusively on whether Adeyemi is an impostor. Fair enough. The courts will determine that.
But the Presidency cannot ask the public to ignore the conduct of government institutions in the same breath.
This is bigger than one man.
If the council was fake, explain how it entered the budget.
If the appointment was forged, explain how government systems repeatedly interacted with the supposed beneficiary.
If official channels were deceived, explain where the safeguards failed.
If there was no insider involvement, show the documentary trail that proves it.
Accountability does not begin and end with charging one individual. It also requires explaining how the machinery of government appeared to validate, accommodate or fail to detect what is now described as a complete fabrication.
The public deserves more than a carefully written press statement. It deserves answers backed by records, timelines and evidence.
Until those answers are provided, this matter is far from settled.
*Barr. Solomon Dalung*
Ex Minister of Youths & Sports
@CFCMJordan Why are you trying so hard to convince yourself that we will low ball?
Coutinho did with Liverpool, Liverpool insisted till Barca paid even though Coutinho was sent to bench.
Same with Grizemann and other examples.
Why should we act different?
In Ghana, any child who qualifies to represent the country in the International Maths Olympiad gets an automatic scholarship to MIT.
Interestingly, the head of their local Olympiad unit is a Nigerian. He left Nigeria the moment the Nigerian government stopped sponsoring our students for the program.
MIT students regularly travel to Ghana to prepare their students for the Olympiad.
It is also a huge talent pipeline for a company called Jane Street. They are the major sponsor for Ghana Maths Olympiad. Their starting salary is between $300k - $600k annually.
@saniyusuf Better than BBC??? I don't think so, my boss. BBC had 3 UCL back-to-back.
BBC had 442 goals between 2013 - 2018, while MSN had 364 goals between 2014 - 2017.
No trio is touching those numbers or impact
@tradu81@Engr_Hamzee@Blue_Footy It doesn't work like that, though
Diego Milito joined Inter from Genoa at 30 years and went on to have a great career.
Luca Toni joined Bayern from Fiorentina at 29 and won Golden Boot. Same as Klose that joined Bayern at 29 years and had a great career.
I hope this helps!
@thepoetpreneur@jon_d_doe Only people who complain about tithing are people who don't pay it. If you don't pay tithe, why bother about it?? Allow people believe what they want to believe. You have things you believe that works for you; same for others.
@jon_d_doe Christ didn't abolish it, too.
Many Old Testament moral principles continue unless the New Testament explicitly fulfills, replaces, or sets them aside. Whether tithing itself remains binding is debated because the New Testament doesn't explicitly abolish it,
@CFCThread@AnimeXManga77@IremideVado@EnzooSzn@CFCDaily We only sign players that fans know? What then is the essence of scouts? And if you argue that he's 28 meaning he can't be good and not recognised all these while, Santi Carzola joined Arsenal at 27 and was largely unknown