Olu Gbenga Olubisi

10.4K posts

Olu Gbenga Olubisi

Olu Gbenga Olubisi

@storm40shadow

Bergabung Mart 2014
88 Mengikuti68 Pengikut
Olu Gbenga Olubisi
Olu Gbenga Olubisi@storm40shadow·
@Unlimited_BU @PeterObi Loony., is borrowing to build the Sokoto - Badagry road look like consumption to you? You guys just consume whatever the Religious Warlord plugs out there.
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Benjamin Uzoma
Benjamin Uzoma@Unlimited_BU·
@PeterObi Even responsible households know the difference between borrowing to start a business and borrowing to buy food every week. Why is this basic logic so hard for Abuja?
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Peter Obi
Peter Obi@PeterObi·
When Borrowing is Leprosy and cancerous. Mr. President, borrowing is not only a leprosy, but a killer cancer when it is borrowed for consumption and not production as it is in Nigeria today. Borrowing for consumption slowly eats away at the health, reputation, and autonomy of a nation. One of the major “leprosy” afflicting Nigeria today is not just debt, but debt without productivity. Debt that is not tied to measurable economic value. Debt that does not translate into jobs, growth, or improved living standards for the Nigerian people. No serious economy borrows recklessly. Nations borrow with discipline, with purpose, and with a clear plan for repayment through productive investment. Fiscal Responsibility Act 2007 provides that “Any government in the Federation or its agencies and corporations desirous of borrowing shall, specify the purpose for which the borrowing is intended and present a cost-benefit analysis, detailing the economic and social benefits of the purpose to which the intended borrowing is to be applied” Cost-benefit analysis must show how the loan would be applied, how it will impact economic growth and improve the welfare of Nigerian citizens in measurable ways. Most of the borrowings by this government do not satisfy the requirements of law or the requirements of economic common sense. The humongous borrowing so far does not show how the projects for the loans enhance the productive capacity of the nation and the welfare of Nigerian citizens. These loans are also dangerous because they burden the capacity of the Nigerian state to improve the economy in the future, as we have one of the world’s highest debt servicing ratios. What matters is not debt-GDP as much as debt-debt servicing ratio because the latter constrains our capacity to finance the sectors that drive human development and economic growth. If the money is wrongly spent as we do in Nigeria currently, it becomes double jeopardy because you are using current revenue to service debts that did not add to revenue or improve capacity for more production in the future. A responsible government does not merely defend borrowing; it explains it, justifies it, and most importantly, ensures it works for the people. A new Nigeria is POssible. -PO
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Olu Gbenga Olubisi
Olu Gbenga Olubisi@storm40shadow·
@BenignusA49110 @aonanuga1956 @PeterObi So Sokoto - Badagry road the money was borrowed for is consumption? Yiu guys just comsume whatever trash Bitter Obi pushes out there. That road is most used to transport agricultural products north -south.
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ADC Coalition
ADC Coalition@BenignusA49110·
@aonanuga1956 @PeterObi Yes, every sovereign nation borrows but ideally for productivity and investment that generate measurable returns, not just consumption. So what has the govt actually produced from its past large-scale borrowing? Where is the evidence of the added value and tangible outcomes?
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Bøbběě
Bøbběě@fa4our·
Borrowing isn’t leprosy—but when trillions are being borrowed and close to 90% of revenue goes into debt servicing, while poverty and hunger keep rising, that’s not policy success, it’s strain on the system. Lenders don’t rush in because of credibility; they price in risk and demand higher returns. If it’s really about infrastructure, then where are the transformative projects that justify it? Because what people see are luxury SUVs, underused refineries, and a budget heavily tilted toward consumption over productivity. The anger on the streets isn’t noise; it’s pressure from a struggling economy. You can’t hide behind slogans while the numbers point to deep fiscal imbalance
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Olu Gbenga Olubisi
Olu Gbenga Olubisi@storm40shadow·
@PeterObi Chatgpt post. Put in front of camera, he will be talking trash. İs Sokoto - Badagry road the money was borrow for consumption??? Olodo, common trader. .
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ADC Coalition Party
ADC Coalition Party@ADCngcoalition·
It’s ADC or a Revolution No Plan B - Amb. Serah Ibrahim
ADC Coalition Party tweet media
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Daddy T. O
Daddy T. O@Dikenka1·
@ADCngcoalition Tinubu has already infiltrated the revolution motive with the data boys. Without unity and sincerity of purpose, nothing will work. Tinubu and his goons have both, albeit for oppression and corruption. When Nigerians have suffered enough, they'll do the right thing.
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DammyLarey
DammyLarey@DamsStudio·
@ADCngcoalition All of you supporting TINUBU despite the whole situation of this country, I pray all the unfortunate things happening to Nigerians now happen to you and your generations to come
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Nwachukwu Robinson Ifeanyichukwu
@YunusaTanko We might have not be suffering ALL these now. If, Nigerians had risen and fight in 2023 when because of one man, both the Court of Appeal and the Supreme Court destroyed fundamental constitutional provisions like candidate who does not win 25% in Abuja, certificate forgery....
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Dr Yunusa Tanko
Dr Yunusa Tanko@YunusaTanko·
Save Our Democracy. The Supreme Court of Nigeria has consistently held that lower courts should not interfere in the internal affairs of political parties. Proof: March 21, 2025 Supreme Court judgment: “No court has jurisdiction to entertain cases bordering on the internal affairs of political parties.” SDP vs INEC case: The Court reaffirmed “the long-settled legal position that the internal affairs of political parties are for the parties alone to determine” and are “beyond the reach of external interference.” Electoral Act 2026 Section 83(5): “No court in Nigeria shall entertain jurisdiction over any suit or matter pertaining to the internal affairs of a political party.” It also prescribes fines of ₦10 million or more for lawyers who file such cases. Exception: Courts may intervene in disputes arising from party primaries under the Electoral Act. However, matters such as leadership, conventions, membership, and suspensions remain internal affairs and are generally not justiciable. All in the effort to stop one man HE PO. We will survive this in sha Allah punchng.com/court-restrain…
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D'CEO Village Boy Movement
D'CEO Village Boy Movement@OnyemaUgon58023·
@YunusaTanko As it stands right now .. the time to start quoting constitution is over.... Please direct all Obidient Directorates to state Tagging The White House And Congressmen on this development... ASAP..
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Olu Gbenga Olubisi
Olu Gbenga Olubisi@storm40shadow·
@YunusaTanko Even after u hijacked the party against the constitution of the party ?? Tinubu did not take your party to court, it was the party members u stole ADC from. Your Cl0wn Obi could not resolve LP's crisis and ran away, here Yiu are in ADC now , probably preparing to run away again.
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Olu Gbenga Olubisi
Olu Gbenga Olubisi@storm40shadow·
@YunusaTanko Stop PO ke? Has PO ever beaten Atiku in any election. Obiediots and toxicity are 5&6. .
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Olu Gbenga Olubisi
Olu Gbenga Olubisi@storm40shadow·
@TheSerahIbrahim You are d@ft. Nigerians complain about every govt so Una tantrum isn't new. Make sure u stand Infront of the mob when u wan start that your fake revolution. .
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Aisha Yesufu
Aisha Yesufu@AishaYesufu·
Tinubu’s anthem is the song of defeated people. To liberate Nigeria and Nigerians, an intentional government must make a matter of top priority, the change of Tinubu’s anthem to the National Anthem we had before or anyone the PEOPLE want!!!!!!!!
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Olu Gbenga Olubisi
Olu Gbenga Olubisi@storm40shadow·
@AishaYesufu Olodo. dem for field 10. We all know APGA and LP {Alex Otti) are backing Tinubu so where did you get your "All parties"? We will save this your lie again as usual. . Abi no be you be this a few years ago ?. .
Olu Gbenga Olubisi tweet mediaOlu Gbenga Olubisi tweet mediaOlu Gbenga Olubisi tweet media
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Aisha Yesufu
Aisha Yesufu@AishaYesufu·
Opposition parties in Nigeria have agreed to field one presidential candidate!!!!
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oseni rufai
oseni rufai@ruffydfire·
2023 elections
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Abubakar Malami NEWS
Abubakar Malami NEWS@Abia_stateADC·
Nana Buhari (daughter of late president) is Malami’s wife. EFCC sealed her house at Bua Estate, Kado. Tinubu’s government crossed a line. We will not forgive.
Abubakar Malami NEWS tweet mediaAbubakar Malami NEWS tweet mediaAbubakar Malami NEWS tweet media
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Cheryl King
Cheryl King@Cherylking007·
@soggy4love @Jack_ng01 You are a very dishonest Yoroba fool.Anytime I see a dishonest comment,I always know it is a Yoroba man We all know what primaries in Nigeria is all about. It is all about sharing dollars. We all know the criminal in Nigeria Tinubu spent lots of dollars to win Obi is not Tinubu
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JACK The Builder™
JACK The Builder™@Jack_ng01·
From what I know, if ADC leaders really and genuinely want this coalition to work, they MUST all lock themselves in a room for 48hrs if necessary Look themselves dead in the eyes and tell each other the hard truth They MUST come of such meeting with a scientific based decision Some of you gassing them to go into primaries for Presidential elections are not seeing the dangers associated with that? The funding challenge? The infighting capable of even fragmenting us the more?? Lock yourselves in a room and come up with a consensus candidate please 🙏🙏🙏🥺🥺 We have a lot of work to do guys
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jude
jude@ifetex1·
@AbasiUdoid48502 @Jack_ng01 Nothing like popularity! All of them are already popular. In an open primaries, everybody knows that Atiku will use dollars to corrupt the delegates. Tinubu knows this reason in 2014 and connived with Kayode Fayemi to move APC primaries to Lagos instead of Abuja and Buhari won
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