
@DOlusegun We will like to watch him giving speech We want to check something
Rev Pablo !! 🇳🇬🇳🇬
135.5K posts

@oosare
Engineer || Construction Project manager || Commercial & Residential construction || Self storage Unit || 💛⚓ || #MUFC ❤️|| #Raptors || #BlueJay

@DOlusegun We will like to watch him giving speech We want to check something


Let us reflect, sincerely and without sentiment. In the past few days, the President has reportedly approved ₦3.3 trillion as a “full and final” payment for debts in the power sector. Yet, this is not the first time such approvals have been made. On May 17, 2024, ₦3.3 trillion was approved for the same purpose. On July 25, 2024, another ₦4 trillion bond was approved to settle similar debts. There have also been other approvals in between, all targeted at addressing the same power sector liabilities. This raises a fundamental question: were the previous approvals mere announcements without execution? ₦3.3 Trillion Again? Nigeria’s Power Crisis Without End During the 2023 campaign, President Bola Ahmed Tinubu made a clear promise: that if he failed to deliver stable electricity, Nigerians should not re-elect him. Today, the reality is that power supply has worsened, to the extent that there are even discussions about disconnecting the Presidential Villa from the national grid. Each time legitimate concerns are raised, what we see appears more like policy pronouncements than measurable progress. Now, again, we are confronted with another ₦3.3 trillion approval to settle power sector debts. These debts were largely accumulated under successive administrations of the All Progressives Congress between 2015 and 2025. This raises serious concerns about accountability, transparency, and effectiveness in public financial management. It is important to note that government institutions and agencies, including the Presidential Villa owe a significant portion of these debts. Year after year, budgets were made and funds appropriated. Why then were these obligations not settled when due? And from what source will this new payment be made? Are we resorting once more to borrowing to service inefficiencies? Key questions remain unanswered: How did the debt accrue? What is the actual total debt in the power sector? Which components of the debts are due to operators’ inefficiency and should be borne by them? Why have previous approvals not translated into tangible improvements? Who are the real beneficiaries of these repeated payments? Is the ₦3.3 trillion approved on April 6, 2026, the same as the ₦3.3 trillion approved in May 2024, and how does it relate to the ₦4 trillion bond approved in July 2024? Nigeria must move beyond recycled announcements and confront the power sector crisis with sincerity, transparency, and decisive reforms. Until we do so, we will remain trapped in a cycle of debt and darkness. But with discipline, accountability, and the right leadership, a new Nigeria is still possible. -PO

@D_WarEagle Maguire's contract shouldn't be celebrated, the only reason I'm not too mad about it is because of de ligt that's all and midfield rebuild else he should be gone.

I am a big Harry Maguire fan. More than anyone over the years. But Manchester United need to move forwards with their first XI selection in line with the demands of the modern game. Their vertical compactness & athleticism suffers with him. De Ligt + Yoro is the way forwards.



“You build Covenant university, and then ask poor people to come to church, you’ll go and drive them from Ajegunle with your Holyghost buses but their children cannot go to Covenant university. it’s the children of sinn£rs that ended up going to your university. Most of them are children of Alhajis steal!ng money in Abuja. People who come to church religiously and pay tithes and offerings that you ask from them, they can’t afford to send their children to your university. If you’re a Member of Redeem….. - Sowore to Bishop Oyedepo and Pastor Adeboye


Peter Obi took the prostitute home and is in bed with the prostitute🤣 -Sowore


At serious football clubs They don’t care about the media They watch football with their two eyes 😂 That you dribbled valverde and ran pass 2 players doesn’t make you a serious footballer at a serious club! That you scored a random goal on a random weekend doesn’t make you good player at a serious club! 😂 The last time Marcus Rashford completed a 90mins league game for Barcelona was 26th of October 2025😂 Marcus Rashford last 90 minutes appearance in the Champions League was 18th of September 2025 against Newcastle 😂 Not like he has been injured ooo😂 Cancelo is 31, Rashford is 28!. Serious football clubs don’t sign useless players cause they scored some random goals at the beginning of their career! Serious football clubs don’t allow opinions of some paid media outlets to determine how the club is been run! It is only at a failed football club and an unserious project will a player like Marcus Rashford return to, cause that’s where he finds comfort to be useless and still get praises!!


Harry commits 🇾🇪🗣️

Bench is not for otus, substitutes are there to change games because football is a team sport for a reason but you can only start 11 at a time.

Bench players turn Legend ...lol The bench is for quality....

The Debunking: Fact vs. Spin 1. The "Single Process" Fallacy •The Lie: The argument claims these aren't "different approvals" but stages of one program. •The Reality: While technically a single "program," the shifting numbers (from 4 trillion to 3.3 trillion) represent a unilateral haircut by the government. Calling it a "validation" is a polite way of saying the government is refusing to acknowledge the full debt GenCos have already incurred. If you owe a shop 10k and "validate" it down to 7k, you haven't followed a process; you’ve defaulted on 3k. 2. The "Negotiation" vs. Coercion •The Lie: The post suggests GenCos are happily "signing settlement agreements." •The Reality: Industry reports indicate that GenCos are signing out of desperation, not agreement. With a N6 trillion+ total debt hang-over, accepting a N3.3 trillion bond is a "take it or leave it" scenario. The argument frames a lopsided power dynamic as a standard business negotiation. 3. The "Payments have Started" Distraction •The Lie: Citing the January 2026 bond as proof that "payments have started." •The Reality: Issuing a bond is not the same as liquidating debt with cash. A bond is simply moving debt from one ledger (Accounts Payable) to another (Long-term Debt). It doesn't solve the immediate liquidity crisis GenCos face when trying to pay gas suppliers today. The Rejoinder: An Exercise in Evasion The provided argument is a classic "Red Herring." It seeks to win a technical debate about administrative flowcharts while completely evading the subject of systemic insolvency. The Evasion: The author focuses entirely on the legality and sequence of the bond issuance. However, the actual subject of the original critique—and the crisis itself—is the widening gap between generation costs and revenue. By obsessing over whether the 4 trillion was "anticipatory" or "final," the author evades these three critical points: 1The Shortfall: Even if the 3.3 trillion is paid, it covers less than half of the verified N6.6 trillion debt. Where is the plan for the rest? 2The Gas Crisis: Gas suppliers operate on a "no pay, no flow" basis. Bond papers don't pump gas. The argument ignores the fact that the grid remains on the verge of collapse because the form of payment (illiquid bonds) doesn't meet the needs of the suppliers. 3The "Flip-Flop" Reality: The government has announced "final settlements" in 2013, 2017, 2019, and 2023. By focusing on the 2025/2026 timeline, the author ignores the historical pattern of the government promising a clean slate and then immediately falling back into arrears. Conclusion: The argument is a condescending distraction. It treats a national energy emergency as a "gotcha" moment over Google Search results. It fails to address the fundamental question: Why, after multiple "settlements," does the debt continue to grow while the lights stay off?

Sophie Alakija😍


@MobilePunch If you ask him to share insight into how the Ministry is able to settle the 4bn debt, he would say God did it!!!?? Haha!!!!

PP Crises: Rufai V Sani Rufai: Your part of the People's Democratic Party will lose out in this fight? Sanni: I want to know if you are a soothsayer or Paul the Octopus?