I hope Senator Ademola Adeleke will be smart enough to replicate Seyi Makinde standard in Osun state when he assumes office? This will endear him to the Osun people, ensure a smooth 2nd tenure for him and immortalise the Adeleke brand in Osun. These things are not hard.
Accountable Borrowing: The South Africa Example.
I have consistently maintained that borrowing, in itself, is not a bad thing. Every nation borrows. The critical issue is not the act of borrowing, but what the borrowed funds are used for and whether citizens can clearly see and measure the impact of such borrowing in their daily lives.
There is a lot to learn in the open and transparent manner in which South Africa handled its recently secured a $1 billion loan from the New Development Bank, with a clearly defined purpose. Publicly announcing the targeted purpose of the loan for all to know and monitor, upgrading water supply systems, modernising sanitation infrastructure, improving electricity distribution, and strengthening waste management services across eight major metropolitan cities, including Johannesburg, Cape Town, and Durban.
This is indeed what accountable borrowing should look like; the purpose is clear, the projects are identifiable, and the expected benefits to citizens are measurable. Such investments directly improve living conditions, enhance productivity, and stimulate economic growth.
In Nigeria, however, the opposite is the case: public debt has risen dramatically under the current administration, and its deployment is shrouded in secrecy from the people who will indeed pay back the loan. Today, our total public debt has increased from about ₦87 trillion in 2023 to nearly ₦200 trillion.
Yet, despite this unprecedented accumulation of debt, Nigerians are often left without a clear and detailed account of how these borrowings are being deployed to improve critical sectors such as education, healthcare, power, security, and infrastructure.
Borrowing must never become an end in itself. Every loan obtained in the name of the Nigerian people must be tied to specific, productive investments capable of generating economic value, creating jobs, reducing poverty, and improving the welfare of citizens.
Good governance demands transparency and accountability. The government must be able to clearly explain what was borrowed, where it was invested, and what measurable outcomes have been achieved. The ordinary Nigerian should be able to see and feel the benefits of every debt incurred on their behalf.
At a time when millions of Nigerians are struggling with rising costs of living, unemployment, insecurity, and declining purchasing power, fiscal discipline and prudent management of public resources are no longer optional; they are imperative.
Every borrowing decision should answer one simple question: How does this improve the life of the ordinary Nigerian? If that question cannot be convincingly answered, then we risk merely transferring today's burdens to future generations.
A New Nigeria is POssible. - PO
BRICS bank approves $1 billion lifeline for South Africa’s struggling cities | Business Insider Africa https://t.co/VN0C0Xo8zp
I’ll keep saying it, a lot of you need to decenter that Instagram lavish way of life, so you can start thinking like normal humans.
You are a Nigerian , living in Nigeria, no special
talent or skill , fuel is 1300+, rent is skyrocketing everywhere, minimum wage is less than 100k. Trust me you are closer to being homeless than driving that 2025 gle.
Because I work from home in sweatpants, my husband's family assumed I was basically a housewife with a side gig. During a holiday dinner, they corporate-lectured me about "contributing more to the family legacy" and suggested I take over the bookkeeping for my father-in-law’s struggling construction firm for free. My husband nodded along, saying, "It'll give you something real to do." I leaned back, smiled, and said, "The federal government currently pays my consultancy firm $250 an hour to audit state infrastructure spending. If I look at your books for free, it’s a massive conflict of interest. Plus, based on what you just described, you can't afford my retainer." Nobody passed the gravy after that.
Da farko, duk wanda yake da kishin Najeriya ba zai yi shiru kan matsalar rashin tsaro da ke addabar ƙasa ba, kuma ba zai hana wasu bayyana damuwarsu a kai ba. Rashin tausayi da fifita son rai ko zama karen en siyasa , da fifita son rai fiye da muradun al’umma ba abin alfahari ba ne. Ka kasance mai kishin ƙasarka, ka daina fifita siyasa a kan gaskiya, sannan ka ji tsoron Allah a cikin duk abin da kake yi @kahuturarara
Until you date a generous and responsible woman, you will never understand how much women love spending on the man they love and being financially responsible to the family.
Dear beloved sports-loving Nigerian youths,
After watching the performances of Davido, Burna Boy, and Rema at the opening of the 2026 World Cup—at a time when Nigeria, the giant of Africa, is absent—I felt a measure of consolation. This was reinforced by the fact that many Nigerians playing for clubs worldwide are representing other countries. Felix Nmecha, for instance, set a record by scoring the fastest goal at six minutes for Germany. I write to you therefore, knowing that this country belongs to you, the youth.
You are more of stakeholders in Nigeria’s future than I am. I am 64 years old; by God’s grace, much of my journey is behind me, while yours lies ahead.
It is therefore imperative that you rise to the challenge by obtaining your PVC, your most powerful tool for driving the change you desire.
In the last three years alone, over 15 million Nigerians have turned 18—enough to decide who becomes President, Governor, Senator, Member of the House, or Local Government Chairman. Indeed, enough to shape the nation’s future.
I know many of you are sceptical about politics and political parties. I understand why, but scepticism must not become surrender.
You do not need to belong to any party or wait for anyone to organise you. Organise yourselves in your streets, campuses, communities, workplaces, churches, mosques, and social groups. Mobilise, debate, demand accountability, and take part in choosing those you wish to entrust with leadership.
If you are organised and wish to hear directly from me, invite me. I will come and share my plans for you and our nation.
Do not sit on the sidelines while others decide your future.
I appeal to you to register and vote. Your vote can shape who becomes the next President of our country.
My young friends, this is your country. Take it back.
A New Nigeria is POssible. -PO
They are always fighting for their right to be badly behaved. If someone offers you the privilege of accommodating you for a few days or weeks, it is basic courtesy and common sense to make yourself useful in that house unless your parents were too stupid to raise you properly.
Clean up
Offer to cook
Sponsor a meal
Buy fuel
Look after the kids
In any way that your presence makes their lives better, do it. This is not something that has to be taught to anybody. If you do nothing, let it be that it is because they stopped you from doing anything at all, not that you never attempted it. That should even make you feel uncomfortable.
Dickson, Obi, Kwankwaso have a historic opportunity not because they are special but because providence may have decided to grease the machine of Nigeria’s democracy through their partnership. They have a duty to posterity to keep their eyes on the ball. This is how men are made
As a guy, if your friend is scared of his babe or wife, never tell him anything confidential. CUT HIM OFF!
A man who has to run home at 7pm so madam no go vex. A man who has to crosscheck every decision with his wife so she doesn't vex and veto it. A man who doesnt call the shot in his house. A man who has to relay every conversation with the boys with his wife. AVOID!!!
She is destroying him and he will destroy you by exposing every conversation to her for her validation.
What June 12 Should Mean to Us Nigerians
Today, we observe a day that should mean a great deal to us as a people who cherish democratic principles. Every year on June 12, the conversation inevitably turns to a critical assessment of the state of our nation. It serves as an annual benchmark for asking important questions: Are our elections today as transparent as they were in 1993? Is the social contract being honoured? Are the institutions of governance truly serving the people?
Ultimately, June 12 is a powerful blend of reflection and aspiration. It honours a fractured past while serving as a constant and foundational reminder of the immense power inherent in the collective democratic will of the Nigerian people.
For us in Nigeria, June 12 is not merely a date on the calendar; it is the emotional and structural bedrock of our modern democratic identity. Officially recognised as Democracy Day, June 12 carries deep historical, political, and social significance, representing both a monumental tragedy and the ultimate triumph of the collective will of the people.
To understand what June 12 means to Nigeria, one must examine its history, its evolution, and its enduring symbolism.
A new era of true democracy is POssible. -PO
As the World Cup Begins Without Nigeria
As the World Cup begins today across three nations, I identify with our teeming football followers and urge them not to be despondent that Nigeria is not participating, despite the abundant talent in our land.
Our failure to participate on the global stage is not due to a deficit of talent; it is a direct consequence of a deficit in leadership, planning, and institutional support.
The task of building a better Nigeria rests primarily on the shoulders of the younger generation. Do not watch the World Cup with despair; rather, see it as a reminder of where Nigeria ought to be. We must move our country from being a nation of mere consumers of global entertainment to a nation of proud producers and competitors.
A new Nigeria is POssible. -PO
Dear Senator Henry Seriake Dickson @iamHSDickson
While I take my time to properly address your allusion of me not playing by the rules which I consider very disingenuous seeing how I followed the process and even when you had insisted there would be no primaries for senate I let things go and asked my teeming supporters to focus on the bigger picture, I toured the FCT pacifying my supporters and party people who rightfully felt disrespected as they were all waiting at their respective headquarters for primaries that never happened. (I played field politics, I never waited for anyone to give me ticket), I would like you as the National leader to watch this video again!
This part of the interview was so painfully appalling to watch. It looked as if you were insecure and in competition with your Presidential Candidate. Your first one on one interview after primaries and instead of selling your candidates and giving confidence to people on how set the road to winning the 2027 election was, you made it about yourself.
With all due respect sir, it looks as if you consider the NDC a Special Purpose Vehicle whose aim has been achieved just by being registered instead of a Political Party whose aim is to win the 2027 General election decisively!!!! The registration of NDC should be a means to an end and not an end in itself.
As a leader of a Political party, your number one job in that interview was to pacify aspirants many of whom are rightfully aggrieved and secondly to call on supporters to bear with the party and support it but you ended up antagonising the very people you would need to win election. Every vote counts! A leader must stoop to conquer!
No one can take away your leadership of NDC, no one is interested in that! The focus is on Nigeria is winning the 2027 election!
It looked as if you are fighting a war no one is waging with you. You don't have anything to prove to anyone, just lead! It is also interesting how as a leader i see you shifting the blame with any process that doesn't go well or is called out. Even in this statement below, you did! Take all responsibility! The party is young. It was overwhelmed. Mistakes will be made. Accepting the mistakes and being accountable is how the party will get better.
There is a whole battle ahead of us. Rescuing Nigeria from the current state it is in, should be the main focus not people's fragile ego!
Let me round up with some words from Jim Rohn: IF WHAT YOU DID YESTERDAY IS STILL LOOKING BIG TO YOU TODAY, THEN YOU ARE NOT DOING ENOUGH!!!
In continuation of my quest to deepen knowledge and impact positively on our society, yesterday June 10th, in London, I held a series of important engagements, including a fruitful meeting with Alex Vines, Director of the Africa Programme at the European Council on Foreign Relations (ECFR).
Our discussions focused on strengthening strategic relationships and fostering a deeper understanding of Africa’s evolving role in global affairs. It was emphasized that Africa must no longer be viewed merely through the prism of statistics or humanitarian concern, but as a serious and equal partner in shaping the future global order, much like India, Indonesia, and other emerging centres of influence.
During our engagement, it became increasingly clear that Africa, and Nigeria in particular, must be placed at the centre of international conversations on partnership, trade, governance, innovation, and sustainable development.
Constructive dialogue and mutual respect remain essential to building meaningful cooperation between Africa and the international community.
A New Nigeria is POssible. -PO
Exponential increase in revenue with excessive borrowing: Yet more hardship for Nigerians!
In celebrating three years of his administration, President Bola Tinubu included, among his achievements, an increase in revenue from N16.8 trillion in 2022 to N35 trillion in 2025. An increase of over 100%.
Shockingly, while Nigerians expected a reduction in borrowing with the exponential increase in revenue, the opposite is the case. In just three years, President Bola Tinubu’s government seems to be obsessed with excessive and imprudent borrowing, with our total debt currently about N200 trillion—a deeply disturbing increase of over N100 trillion.
In addition to the exponential increases in both revenue and debt, it is also important to note that Nigeria has earned far more than the budget revenue targets due to global and regional geoeconomic and political tensions.
Alarmingly, even with the astronomical increase in both revenue and debt, almost all key socio-economic and governance indicators are worse than in 2023. Multi-dimensional poverty has increased from 87 million people in 2023 to over 140 million people in 2025. Rapidly increasing unemployment and a decline in GDP per capita from $1,597 in 2023 to $1,223 in 2025, and the list goes on.
Just more and more hardship for Nigerians! The question Nigerians and even the international community are asking is, “Where did all the money go?”
Nigerians deserve a detailed and transparent explanation of what happened to our economy and financial resources since 2023, and a stop to the imprudent, unaccountable, and opaque management of our common patrimony.
A new and productive Nigeria is POssible, and Nigeria will be OK! -PO
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
As someone who partially grew up among European elite kids like him, this reminds me just how incredibly hollow some of them are.
For a quick background, I went to one of the poshest high schools in France (Janson de Sailly, for those who know) and, afterwards, to what was at the time - and probably still is - the most expensive undergraduate school in Europe (EHL in Lausanne, Switzerland).
Needless to say, many of my classmates were from unbelievably privileged backgrounds. Just in my classroom in Lausanne I had the son of a (very famous) Russian oligarch, the son of Italy's largest real estate developer and the son of Spain's largest real estate developer (funnily, the latter two were flat mates).
Another classmate of mine came from the richest family in Naples, Italy and - while we were at school - his father (known in Naples under the nickname "Il Sultano") got arrested for having bribed half of Naples's city council - which, if you know Naples, ought to tell you something.
These were the kids I was doing group projects on business ethics with (literally) 😅
Anyhow, my story, and probably my luck, was that - before going to high school in Paris - I was raised in very normal public schools in the South of France where my friends were anything but wealthy. Their parents were farmers and everyday workers.
Which means - and I'd come to realize this was very important in life - that it was easy for me to understand how big a mistake it is to see money as identity and meaning - and to confuse someone's net worth with their actual worth.
What really struck me at the time was the contrast with my "poor" classmates of earlier in my life. They couldn't define themselves by what they had - by definition - and this forced them to reach deeper for their identity: their skills, knowledge, humor, etc.
Rich kids can skip that entire process, and the tragedy is that most of them do: they reach for the readymade identity that money provides. I remember being incredibly frustrated by many of my classmates, like "ok, I get it, your dad is rich and you own a lot of nice things but who are YOU, what else is there?" The answer, more often than not, was nothing.
To be fair, there were exceptions. One of my classmates I was most impressed by came from one of Zurich's wealthiest families (which, if you know Zurich, means insanely wealthy) yet he was almost OCD in not showing he had money: driving the shittiest car imaginable, living in a small studio, etc. He was very intellectual, very contrarian, and clearly at war with the idea that his family's wealth ought to define who he was.
I only discovered who he actually was when I started my first company and he approached me to invest: to discuss the investment I went to one of his family homes, which it turned out was a literal palatial castle on the shores of Geneva lake. The guy had decided to live in a small rundown studio when he literally had a castle sitting empty a 5-min drive away.
THAT I was impressed by: it's easy to see that money isn't meaning when you don't have any. To see it when you have more than almost anyone - when everyone around you is organized around the opposite assumption - is much harder. But to actually live it, to choose the studio when you have the castle keys in your pockets - with no audience to applaud you for that - that shows real depth.
At the end of the day, I think, the real distinction isn't between rich and poor but between people who exist from the inside out and people who exist from the outside in.
Wealth just happens to make it incredibly easy to be the latter, to skip the work of becoming someone and settle for a borrowed identity that glitters from the outside but is hollow all the way through. A Potemkin village identity.
This is actually a real societal issue, and magnified by social media (with idiotic posts like this one 👇): the more "outside in" folks out there, the less people with genuine internal anchors, the more fragile everything becomes.
When you think about it, everything that genuinely matters in a society is built by people who think for themselves: they take the world in, pass it through something genuinely their own, and give back something that didn't exist before: an idea, a conviction, a stand.
Every reform, every invention, every act of moral courage in history came from someone with an internal anchor strong enough to resist the current. Remove those people and all you have left is the current.
This isn't new, by the way. Most ancient traditions warn against exactly this, from the Bible (the golden calf story) to Confucius, who built his entire ethics around the distinction between the exemplary person (the Junzi, 君子) - oriented around internal cultivation and righteousness - and the petty person (Xiaoren, 小人), oriented around profit and gain. The junzi builds himself from the inside, the xiaoren chases what's outside.
So please, do not make the mistake of being impressed by wealthy people flaunting their wealth. Don't focus on the glitter, focus on the hollowness it's trying to hide.