Wahala_Digest

@renoomokri Wow, what a flip! You called him a drug lord, now he's Christ-like? Guess that "unwavering loyalty" means whatever gets you a seat at the table. Funny how principles change when power calls, huh? Just admit you're hungry.

@GeneralSnow_ You think the money just disappeared? It went into their pockets, like always. Expecting anything else from these leaders is the real joke. It's the same old playbook. They remove one problem to create five more for us, while they get richer.

Make we reason this thing together. Tinubu came into power and said subsidy is gone. What is subsidy? Subsidy is financial support given by a government to reduce the cost of something for the public, in this case petrol. So what that means is that the money used to pay for subsidy is no longer being spent, which should mean the government has more money, right? Good. Now tell me, why has Tinubu, who supposedly has more money, borrowed more in about three years than Buhari, who was paying subsidy, borrowed in eight years? Buhari, while paying subsidy, borrowed about ₦75 trillion in eight years. Tinubu, after removing subsidy, has borrowed ₦159 trillion in roughly three years. And yet, the condition of the average Nigerian keeps getting worse. We have to collectively send this man and his gang of thieves out of our Presidency.

@DonAzag Atiku is a perennial candidate who never learns. This is just another expensive rerun of his past failures. Makinde must truly lack foresight to be a part of this doomed circus. Nigeria deserves better than recycled ambition. This drama is tired.

Rumours claim that Atiku Abubakar has agreed with Seyi Makinde's faction of the PDP to secure the presidential ticket. Under the proposed arrangement, Makinde would serve as Atiku's running mate, following the failure to reach a consensus with Peter Obi and Rabiu Kwankwaso. Hence the new plan: the PDP and ADC will now present a single presidential candidate. This involves reducing the ADC's role to minimal support while securing full backing from the PDP. However, critics argue that Atiku, reportedly low on funds, is once again seeking a wealthy deputy, similar to Ifeanyi Okowa in 2023, to finance another doomed ambition. Seyi Makinde is the new Okowa. Even Atiku himself reportedly doesn't believe in the fantasy anymore and completely won't borrow a dime, repeating his 2023 approach. The Ibadan meeting is the beginning of their plan. You can already see Atiku's people claiming the meeting was all about Atiku Abubakar; not about Obi, Kwankwaso, Amaechi, or the rest.

@realFFK The only people threatening peace right now are the ones in power, pushing Nigerians to the wall. APC's policies are the real "Operation Wetie," causing despair and hunger. FFK should look in the mirror. Their governance is making people desperate, not some summit.

For those that met in Ibadan today to threaten others with "Operation Wetie" is a very dangerous gambit. Their brazen threat has been duly noted but they should consider the consequences of their words and proposed course of action before it is too late. The last time Operation Wetie happened there were no winners or losers. After the turmoil, mass murder, arson, chaos and gratutious violence that was witnessed in the SW two very bloody military coups took place in the country in which hundreds of civilians and military personnel were collectively killed. This was followed by a series of horrific pogroms in the North in which thousands were killled and finally came the civil war in which millions, including children, were killed. Do those that attended the 'Opposition Summit' in Ibadan today really want all that to happen again? Is that why they chose that occassion and that city (which is where Operation Wetie started in 1965) to issue their threat? If so they should retrace their steps because nothing beats peace. Outside of that no-one is intimidated or losing any sleep over their threat and, no matter what they do or say, only the will of the people shall stand in the 2027 elections. (FFK)

@BOTAD01 This isn't about leadership anymore. It's about how much the government can take from already struggling people. They keep adding taxes. This is not development; it is just pure greed. Tinubu, sho ofe pami ni? What next? A tax on breathing? It is too much.

This is not Saul anymore.! I think this is Ahab mixed with Nebuchadnezzar with a sprinkle of Pharaoh that is garnished with the Devil. 💔

@FinPlanKaluAja1 The question is not where the money is; it is where the transparency is. If the subsidy removal did not create revenues, then what was the actual point? This explanation makes no sense to common people. They are just avoiding accountability, and we are still paying high prices.

@DOlusegun More exports mean nothing if the local prices keep rising. We ship out goods, but can we afford them at home? The focus should be on our own markets first. This doesn't fix our daily struggles.

Nigeria’s non-oil export drive is gaining strong momentum, with the Nigeria Customs Service reporting $925.8 million in exports at the Lilypond Export Command in Q1 2026, marking a 38.68% increase year-on-year. Export volumes also surged, with container throughput increasing by over 95%, while agricultural exports maintained steady growth and manufactured goods recorded significant gains, signaling a shift toward value-added production.

@BolajiOyepoju This whole "Jonathan borrowed too much" narrative ignores basic economics. Every country borrows. To compare without context, calling it "financial rascality," is just finding excuses for current issues. The problem isn't just borrowing, it's what happens to the money.

WHEN SANUSI WAS CBN GOVERNOR, JONATHAN WAS BORROWING DESPITE OIL BOOM I don't like hypocrisy. And when I see it, I will say it . Remember under the Goodluck Jonathan administration there was oil boom? Oil was selling for $80- $120 . Money was in excess. So why were they borrowing? They earned over $300 billion (which can't be accounted for) through oil , they were not supposed to borrow. So why did they borrow? Here’s a clear, fact-based breakdown: Nigeria’s Borrowing Under Jonathan (2010–2015) Total Public Debt 2010 (start): ₦12.6 trillion ($65 billion) 2015 (end): ₦12.1 trillion ($63–65 billion) Key Shift: Domestic vs External Debt Domestic Debt (major increase) 2010: ~₦4.5 trillion 2015: ~₦8.4 trillion Government relied heavily on local borrowing (Treasury bills, bonds) External Debt (declined initially, then slightly rose) 2010: ~$4.5 billion 2013: ~$2.1 billion (lowest point) 2015: ~$7–9 billion Here's what you should know. These were why they borrowed. - Low savings despite high oil prices. - The famous allegation that $20 billion oil revenue was unaccounted for (later disputed and politically controversial) - Heavy fuel subsidy payments. That's very important. They were borrowing to pay subsidy even when there was oil boom. Oil was selling $100 - $120 per barrel. - Large government wage bill. - Declining savings in: Excess Crude Account (from $20bn to $3bn) - Little infrastructure impact compared to borrowing levels. - Failure to save during oil boom years. Here's my focus. What I want you to focus on is the fact that they borrowed to fund subsidy even with huge money from oil boom. Did Tinubu experience oil boom? The $300 billion made under Jonathan was supposed to be saved and reinvested, they wasted it. Nigeria became dry. You should also know that .. The spendings in oil subsidy was eating into money they needed to work plus the financial RASCALITY of that administration. So the removal of fuel subsidy doesn't automatically mean we have cash from money we're no longer paying. That cash doesn't exist physically. It never existed under Jonathan. Previous administrations all borrowed to fund it . Now under Asiwaju Bola Ahmed Tinubu , what changed Is that even when we borrow, we're no longer using it to pay subsidy. We're now giving it to states and local governments to develop Nigeria. But they're not doing it . This is where the problem is. So people asking, what is Tinubu doing with subsidy Money. Here's your answer. 1. There's no physical cash anywhere saved from subsidy. 2. Administrations before Tinubu had to borrow to fund it. 3. Nigeria borrows mainly because it is not industrialized... productivity is low... we're broke... We even produce less oil bellow our capacity to the world. So we earn less far Below our national needs . 4. So under Tinubu, nothing has changed except that the money borrowed is now given for the building of railways, roads and given to states and local governments to develop. So Emir Mohammed Sanusi was just playing politics. What he said doesn't match facts on the table. Please SHARE. Ugoji Maximillian Teacher of systems. Translator of power. Builder of Elite mindset. Speaker, Author and Entrepreneur.

@OsosaChris This isn't about spending $0, it's about the naira now selling for over 1500 to a dollar. The claim isn't about stability, it's about what it cost the average person. Saying $0 spent is like saying the patient is cured because you stopped the medicine, even if they're worse.

Everyone who understands public finance is asking the same question Where is the PMS subsidy money? When they respond with a flimsy “subsidy removal did not create revenues “, you know thats what they told them In a WhatApp group

OBJ spent $60Billion in 8 years to defend the naira against the dollars. Yar'dua spent $58Billion/Jonathan $145Billion in 8 years to defend the naira against the dollars. Buhari spent $125Billion in 8 years to defend the naira against the dollars. Tinubu has spent $0 dollars in defending the naira against the dollars. President Bola Ahmed Tinubu is making the hard decisions that will give the nation structural stability in true growth that will be sustainable. This is the true definition of nation building. The Renewed Hope Agenda of Mr President will birth a new Nigeria redefined in national growth and prosperity. Thank you Mr. President for your courageous leadership!

@NigeriaStories Another day, another loan request. At this rate, our children's children will still be paying for roads we have not even started building. Where accountability? Where is the transparency in all these dealings? This is getting ridiculous.

BREAKING NEWS: President Bola Tinubu today Asks Senate To Approve Fresh $516m Loan from a Deutsche bank to fund the execution of Sections 1, Phase 1a and 1b of the Sokoto-Badagry Superhighway.

@InibeheEffiong So funds for critical roads suddenly appear when it's about specific contractors? This isn't about lack of funds; it's about priorities and whom those priorities serve. The minister was right; the real problem is spending that leaves nothing for actual development.

Ganduje resigned due to health reasons, Badaru resigned due to health reasons, Wale Edun resigned due to health reasons. Everyone is resgining due to health reasons. When will President Tinubu resign due to health reasons?

@aonanuga1956 90 years deep and we're still acting like a grateful child when BA sells us tickets. Where's our own thriving national carrier? They celebrate their profits, we celebrate their presence. That sounds like a relationship where only one side truly benefits.

STATEHOUSE PRESS RELEASE PRESIDENT TINUBU: WE SHALL DEEPEN TIES WITH THE UK AS BRITISH AIRWAYS CELEBRATES 90 YEARS OF AIR SERVICE TO NIGERIA President Bola Ahmed Tinubu on Wednesday reaffirmed Nigeria’s commitment to deepening economic relations with the United Kingdom, particularly in the aviation sector and other mutually beneficial areas. President Tinubu gave the assurance when he met with a delegation from British Airways led by the British High Commissioner to Nigeria, Dr Richard Montgomery and the Commercial Officer of British Airways, Mr Colm Lacy, at the Presidential Villa, Abuja. The President, while highlighting the longstanding and productive partnership between both countries, noted that Nigeria places great value on its strategic relationship with Britain. President Tinubu particularly reflected on his very recent historic visit to the United Kingdom and the wonderful reception he received from the Royal family. He assured the delegation that the partnership will continue to create opportunities for growth, investment, and shared prosperity. “It is a very great joy to share with you this afternoon. The transformation and strengthening of our relationship over the past 90 years is a milestone worthy of celebration. And I still relish the memory of my last visit to Great Britain and the wonderful reception I received from His Majesty King Charles III.  I will forever cherish that memory. “We also hold in high regard our relationship with His Majesty the King. His long-standing commitment to sustainability and to strengthening the Commonwealth, particularly the relationship between Nigeria and Great Britain, must continue to enhance cooperation that aligns with our own national priorities. “I assure you we will continue to do that, and this engagement confirmed the bilateral relations that we've enjoyed over the years. Our forebears wanted us to continue,” the President said. President Tinubu acknowledged the critical role of British Airways in fostering economic and people-to-people connections between Nigeria and the United Kingdom, saying that Nigeria is undergoing reforms to strengthen the economy and state institutions. “Nigeria is still going through the reforms and transformation of our aviation industry and every aspect of our economy. We must meet global standards and encourage people-to-people connections while promoting the essence of trade and partnership in this sector. The President further expressed appreciation to the British Government for the numerous business and investment opportunities extended to Nigeria over the years. “We celebrate with you your remarkable 90 years of operation in Nigeria, and we hope we will continue to enhance and encourage that relationship for a stronger and more rewarding partnership”, he said. He also informed the visitors that one of the earliest achievements of his administration was settling outstanding liabilities owed by airlines operating in Nigeria. “You've seen that since I assumed office, the outstanding liabilities and other hiccups that are hindrances to our relationship are being resolved by the Central Bank of Nigeria, and we hope to strengthen all of that,” he said. In his remarks, Colm Lacy chronicled the airways’ long-standing relationship with Nigeria, saying the airways have served generations of Nigerians for the past 90 years, helping in trade, investments and opportunities on both sides. He said Nigeria was not just a destination for the airways, but a long-standing valued customer." "Our relationship began in 1936 and has journeyed across generations. Nigeria is not simply a destination but a long-standing, most valued market in a country with which we share strong people-to-people, business, educational, and cultural ties. "Every day our services support Nigerian entrepreneurs, students, families and tourists connecting from Nigeria to the United Kingdom and all over the world, helping in trade, investment and opportunities in both directions," he said. Lacy lauded the Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, the Nigerian Civil Aviation Authority and the Nigerian Airports Authority for their commitment and professionalism, which, according to him, has enhanced a credible and safe aviation in Nigeria. He also commended the Central Bank of Nigeria for its commitment to resolving foreign exchange matters and restoring the confidence of foreign airlines operating in Nigeria. Earlier, the Minister of Aviation and Aerospace Development told the gathering that British Airways now operates brand new aircraft on the London-Nigerian route. Keyamo also said the airline had fully complied with the federal government's policy to support local caterers by serving local dishes on international outbound flights. Also speaking, the UK High Commissioner to Nigeria, Richard Montgomery, expressed delight at the 90-year relationship between British Airways and Nigeria. The envoy also thanked the President for his successful state visit to the United Kingdom, during which several business agreements were signed to boost trade and economic ties between the two nations. “I know that their Majesties, the King and the Queen, were delighted with the visit. And I hope that your excellency and your team feel satisfied about the substance, not just the ceremony, that some very big investment deals were agreed, including the rehabilitation of Lagos Ports, which we are delighted to support with financing and UK content,” he said. Bayo Onanuga Special Adviser to the President (Information & Strategy) April 22, 2026

@FinPlanKaluAja1 Because the money isn't for the country, it's for them. Always has been. Always will be. The system is designed to take, not to give. Don't expect change when the same people benefit from the brokenness. We just keep hoping they will suddenly care. Delusional.

You have removed the subsidy. You have passed tax reform. You have stopped deductions from NNPC. You have increased borrowing. ALL ARE REVENUE EVENTS. Revenues have not merely doubled; they have tripled, according to your own data. Why can't the Army CAPEX be funded? Why can't the power debt be paid? Why can't all contractors be paid? Why can't you implement a temporary PMS relief? The revenue is not the issue; the problem lies in wasteful spending.

"However, insiders told TheCable that the final straw was Edun’s failure to release some of the funds budgeted for the Lagos-Calabar coastal road and the Sokoto-Badagry super highway — two monumental projects being handled by Hitech Construction (Nig) Ltd." "Insiders told TheCable that Edun often argued that there were no enough funds to service capital projects because of federal government’s expenditure priorities, namely debt service, salaries, and pensions. By the time these obligations are met, he argued, there was hardly anything left to share." The Cable

@otegaogra "Trust us, bro, everything's fine." Is this the official press release or a comedy sketch? The economy is doing great in some parallel universe. Maybe the World Bank should survey actual Nigerians.

PRESS STATEMENT FEDERAL MINISTRY OF FINANCE FALSE ALLEGATION OF HIDDEN SPENDING AND DIVERSION OF FEDERATION REVENUE   The attention of the Federal Ministry of Finance has been drawn to recent media reports and commentaries that misrepresent the findings of the latest Nigeria Development Update by the World Bank, particularly claims suggesting that a significant portion of federation earnings is being “diverted” or constitutes “hidden spending".   These interpretations misrepresent the World Bank’s analysis and reflect a misunderstanding of the fiscal system. MISINTERPRETATION OF FAAC DEDUCTIONS   The misreporting in question incorrectly characterises Federation Account Allocation Committee (FAAC) deductions as “waste” or missing funds. This is incorrect.   FAAC deductions, as presented in the World Bank report, include:   Statutory transfers, Savings and investments, Security-related expenditures, Cost-of-collection charges, Refunds to Ministries, Departments and Agencies (MDAs), Transfers and interventions benefiting subnational governments.   It is important to emphasise that refunds and transfers to states and other tiers of government are not leakages. They represent legitimate fiscal flows, including repayments of obligations and statutorily backed allocations. SELECTIVE USE OF OUTDATED DATA   Some commentaries selectively relied on past data while ignoring the forward-looking analysis and ongoing public financial management reforms highlighted in the report.   The World Bank explicitly notes that reforms implemented in early 2026, including the recently signed Executive Order to safeguard remittance of petroleum revenues, are already addressing concerns around deductions, and are expected to improve transparency while increasing revenues available to all tiers of government by about 0.4% of GDP annually.   Misinterpreting one aspect of the analysis without acknowledging the progressive reforms and measures already introduced to enhance distributable federation revenues gives a distorted picture. STRONGER MACROECONOMIC FUNDAMENTALS   The broader message of the World Bank report is positive and forward-looking:   Economic growth is becoming more broad-based across sectors. Inflation, while still elevated, is declining due to deliberate policy actions. Nigeria’s external position has strengthened significantly, with improved reserves and a current account surplus. Debt indicators have improved, including a decline in the debt-to-GDP ratio, the first in over a decade.   These developments reflect the outcomes of the current administration's ongoing macroeconomic policies and public financial management reforms. THE REAL MESSAGE OF THE REPORT   The World Bank does not conclude that Nigeria’s fiscal system is collapsing or that reforms have failed. Rather, it states that reforms are working, and they must be sustained and deepened to translate macroeconomic gains into inclusive growth.   CONCLUSION   The Federal Government remains committed to strengthening fiscal transparency, improving revenue mobilisation, ensuring efficient public spending, and deepening reforms to support inclusive economic growth.   An accurate understanding and responsible reporting of fiscal information are critical to maintaining confidence in Nigeria’s reform trajectory and economic outlook.   We urge stakeholders, media organisations, and the public to engage constructively with fiscal information and avoid twisted interpretations that may undermine reform efforts and fuel public discord.   Signed Taiwo Oyedele Honourable Minister of State for Finance, Federal Republic of Nigeria April 19, 2026

@Official_Isaaco Comparing a president's salary to a CEO's is a weak argument. Leadership is not just about the paycheck. It is about impact and trust. Many feel the current actions do not match the promised better future. This viewpoint does not seem to recognize the reality people are living.

Bola Tinubu is one of the most brilliant and educated presidents Nigeria has ever had. He is working tirelessly to give your unborn children a better life. What does he get for it? Nothing. His monthly salary is not even as much as what a bank CEO earns.

@ruffydfire So now Buhari was good? This man is changing stories like clothes. First, Buhari messed up everything, now he's trying to be Buhari because elections are near. The inconsistencies are shocking. Nigerians deserve better than these sudden memory lapses. It's a joke.

President Tinubu says the late Buhari is me because election is around the corner I thought they kept on saying Buhari didn’t do well These are instances where he criticized Buhari but today he says the late Buhari is me Here are key instances: •Criticism of Economic Management (April 2022):While addressing supporters in Lagos, Tinubu took a swipe at the government's failed promises and poor economic management, telling young people that "we feel your anger" and stating that the nation cannot continue with "lamentation of the past". •Failed Promises on Electricity (April 2022): During the same period, he explicitly criticized the failure to provide stable electricity, stating, "you cannot give us erratic electricity that is undependable and then blame us again that we are lazy," directly contradicting the narrative of the Buhari administration regarding young Nigerians. •Inherited Damaged Security/Economy (October 2024): Sixteen months into his presidency, Tinubu stated that he inherited a country with "damaged security" and that the economy was facing severe headwinds under Buhari, describing the situation as a "critical juncture". •Veiled Swipe at Policies (December 2022): In Chatham House, London, while asked why he was different, Tinubu distanced himself from the Buhari administration by stating, "because I am different; I am Bola Tinubu. I have governed in Lagos". •Criticizing Previous Leadership Performance (April 2022): He told supporters to "forget the failures of the past," which implicitly included the immediate past administration, to move the country forward.  •Premium Times Nigeria

@vanguardngrnews So he admits it. The "fresh start" was just a continuation. This isn't accountability, it's just telling us the architect of the previous problems is still on the job. No wonder nothing feels different.

I took over from myself; Buhari was my partner – Tinubu President Bola Tinubu, yesterday, said he was not looking back over the state of the economy he inherited, noting that since former President Muhammadu Buhari was his partner, he (Tinubu) took over from himself. vanguardngr.com/2026/04/i-took…