@drdebodun Public service has become a sinecure in these parts, where layabouts accustomed to live in a clover recycle themselves in a game of musical chairs . In election cycles they kill to get there
Kudenda, Nigeria 🇳🇬 English
Adebayo Salako
2.5K posts
Adebayo Salako
@adebayosalako6
Business owner, autodidact
Kaduna, Nigeria Katılım Temmuz 2022
325 Takip Edilen280 Takipçiler
Adebayo Salako retweetledi
In late 2025, i knew that the scale of insecurity in 2026 as we approach the 2027 elections would be crazy.
In Nigeria, synthesized insecurity is campaign material.
Slowly giving up on the black race. What can we even build?
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Adebayo Salako retweetledi
The denial of visa to The Chairman of BUA Abdul Samad Rabiu by the South African Government is an affront to Nigeria.They cannot have billions of dollars investment in our country and treat such a revered figure with rejection and contempt.Xenophobia is escalating from the streets to Governance.Its time to keep aside history and African brotherhood and deal with this matter squarely.
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@Imranmuhdz The sentence matches the egregiousness of his treachery . The Administration should consider expanding correctional facilities to accommodate the legion of potential inmates , the compulsive white collar thieves, who deserve to spend the rest of their lives behind bars .
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Former Minister of Power, Saleh Mamman, aged 68, has been sentenced to 75 years in prison for money laundering and fraud involving N33.8 billion in public funds.
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Adebayo Salako retweetledi
To God be all the glory! 🏆
I'm excited to share that I emerged as Nigeria's 2026 JAMB Highest Scorer with an aggregate score of 372/400!
English — 98
Chemistry — 98
Physics — 94
Biology — 82
@DailyEdConsult
@JAMBHQ @legitngnews #JAMB2026 #UTME2026 #TopScorer
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Adebayo Salako retweetledi
" The common man has not gained anything from this government."
Yeah, a Sudan or Venezuela scenario would have benefited the man on the street more.
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Adebayo Salako retweetledi
How to know a retarded being - "Tinubu turned dollars from 400 to 1500". When you earn money from YouTube, why do you change it at N1500? You want buy at N400 from the government and sell at N1500.
$1.98bn weekly turnover without CBN intervention. To maintain the pegged rate of N600 at this turnover, the CBN must provide $1.2bn weekly to sell cheaply from its reserve or from NNPC earnings. The CBN can't survive this demand so it will manage to push $200m through demand management. The rest of the demand goes to the black market. Funding imports become tougher.
If NNPC sells its FX cheaply, the FG and FAAC loses revenue. Deficit spending, borrowing, tougher macro-economic conditions.
We are at 2% black market premium, down from 50% in 2023. The elimination of the arbitrage system alone is a huge relief.
None of the aspirants will bring back petrol subsidy or peg the Naira to N400. Stop living in a fool's paradise.
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Adebayo Salako retweetledi
Anybody who keeps talking about a phased petrol subsidy removal is an economic illiterate.
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Adebayo Salako retweetledi
Here's who was in the room:
🇺🇸 Citibank — $2.6T in assets
🇫🇷 Amundi — $2.6T AUM
🇺🇸 PGIM (Prudential) — $1.38T AUM
🇬🇧🇿🇦 Ninety One — ~$178B AUM
🇬🇧 BlueCrest — elite hedge fund
🌍 Kirkoswald — global macro & EM debt
🇺🇸🇬🇧 Principal Finisterre — EM debt specialist
🇺🇸 Mesarete Capital — Africa-focused fund
Politics is not stopping governance
Daddy D.O🇳🇬@DOlusegun
President Bola Ahmed Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline, and explaining the rationale for the swift implementation of bold reforms. At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, highlighted Nigeria's strong GDP growth in dollar terms in 2025. He said Nigeria recorded 11.2% GDP growth in dollar terms last year, a record that reinforced the country's ambition to achieve a $1 trillion economy in 2030. Oyedele emphasised the government's near-term priorities of translating reforms into results for the Nigerian people. He also pledged to publish quarterly financial data. The Director General of the Debt Management Office, Mrs Patience Oniha, assured investors of the government’s responsible approach to debt financing and its focus on sustainable debt management. The investors were from Citibank and France's Amundi, led by Valerie Baudson. There were also BlueCrest, the Britain- and South Africa-based Ninety One, Kirkoswald Capital, Principal Finisterre, US groups Prudential Global Investment Management (PGIM) and Mesarete Capital. President Tinubu, who left Nigeria on Sunday for a three-nation trip, said the economic reform program of his administration includes measures to remove economic distortions and stabilise macroeconomic indicators, laying the foundation for sustained inclusive growth. He said his government is committed to deepening reforms, enhancing transparency across the oil value chain, and implementing a multi-pronged security strategy, including police decentralisation and disrupting terrorist financing. "The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians", President Tinubu said. Some of the investors who spoke at the meeting commended the government's transformative reforms and expressed optimism about the Nigerian economy. One of the investors asked President Tinubu about his post-2027 agenda. He promised to strengthen fiscal discipline and transparency, and to deliver policy consistency. Bayo Onanuga Special Adviser to the President, (Information & Strategy)
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Adebayo Salako retweetledi
Babajide Sanwo-Olu’s administration generated N807.1 billion in revenue in the first quarter of 2026, reaching 18.2 per cent of the state’s N4.44 trillion budget, official figures show. The performance, underpinned by a surge in internally generated revenue (IGR), reinforces Lagos’ position as Nigeria’s top revenue-earning state and signals a strong start to its fiscal year. snip.ng/hECTP
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Hateful and irresponsible remarks. Since you resigned from the government , you public utterances have been shamelessly incendiary
You are probably signalling your heartless kinsmen to step up banditry after 2027.
Tinubu's performance has made his re-election fait accompli .
IFÁ FUNSHO 𓋹@funshographix
This is what I've been craving for since the day I studied Nigeria history. The amalgamation was a terrible mistake in the first place!
Kudenda, Nigeria 🇳🇬 English
@funshographix Frustration . Tinubu's performance has made his re-election a fait accompli .
What is it that makes some of you hate Yoruba guts so much ? Nothing you can do about their progress .
You talked about building broken bridges with the Igbos . Is the effort not succeeding ?
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This is what I've been craving for since the day I studied Nigeria history. The amalgamation was a terrible mistake in the first place!
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Adebayo Salako retweetledi
The APC led government is actively building two major gas pipelines across the country, AKK and OB3 with the Nigeria - Morrocco gas pipeline also in the works. AKK to supply the North which had been cut off from gas distribution for since independence. The impact of AKK would be transformational for industries and power plants in the North.
The APC government also built NLNG train 7. The Escravos gas pipeline phase 1 was built in 1989 and the phase 2 was built in 2018. Apart from the West African Gas pipeline built in 2008, no government has invested much in gas infrastructure, despite our abundant gas resources. 80% of our power generation comes from gas. PBAT at the NESG summit mentioned that our gas is useless in the ground if we can't push it out. From 1999 to 2015. Nigeria only managed to build one major gas pipeline.
There is a reason why some of us won't stay here and argue with ignorant folks or content creators whose only talent was memorising states and capitals like a primary school boy.
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@kat_maryb @Queenofchat23 You are a nice racist. Iam sorry . Your message sinks in nevertheless.
Kudenda, Nigeria 🇳🇬 English
@Queenofchat23 Damn my post flew right over your head. But that's okay. Not everyone is intelligent enough to understand
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The third world isn't a place, it's a people.
Third world countries exist because they are full of third world people.
If you send every German to Nigeria and every Nigerian to Germany, in 5 years, Nigeria will become a civilized nation and Germany will become a third world.
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@SputnikInt The intent of the post is to mock and portray Nigerians as stupid, who lack the capacity to rule themselves.
We are working hard to dispel that racist notion .
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🇨🇳🇳🇬 China’s industrial muscle turns Nigeria into net exporter of refined petroleum
👉 For decades, Africa’s biggest oil producer couldn’t refine its own fuel — until China helped flip the script.
💰 The catalyst was the $20 billion Dangote Petroleum Refinery, built leaning on Chinese engineering, procurement, and construction contractors.
🟠 Operating at ≈ 94% of its 650,000 barrels-per-day capacity, the Lagos-based refinery covers domestic demand, with excess sent abroad
🟠 Roughly 44,000 barrels of gasoline per day were exported in March alone; a single shipment of 317,000 barrels reached Mozambique—its first delivery to East Africa (historically supplied by the Middle East)
🟠 Output is projected to hit 1.4 million barrels per day within three years, which would make it the largest single-site refinery globally
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@narendramodi I personally have a soft spot for India. It is a showcase of the transformative power of education, a leader in the global south , so much to countries with shared colonial history, and a proof that democracy and right constitution can manage diversity
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Mission Drishti by GalaxEye marks a major achievement in our space journey. The successful launch of the world’s first OptoSAR satellite and the largest privately-built satellite in India is a testament to our youth’s passion for innovation and nation-building.
Heartiest congratulations and best wishes to the founders and the entire team of GalaxEye.
@GalaxEye
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@fimiletoks NCNC opposition led by Adelabu Adegoke ( penekelemesi) campaigned against tax and free education policies . Consequently , the ruling Action Group lost the 1954 general election .
Economic reforms would invariably have political backlash anywhere.
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Chief Obafemi Awolowo and his team had challenges funding the free education scheme in Western Nigeria ( read the marked part ) and link it to the principle of derivation and regionalism.
If not for these two factors, mass education in Western Nigeria would have been impossible to achieve.
Those who consistently oppose these principles do not want the country to progress.
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@EngineerAdam123 Can it be true that the electricity turbines that power Obajana Cement use diesel fuel not gas ?
If it is true , why not pipe gas from Ajaokuta to Obajana . Turbines at Geregu Power Station run on gas .
Am I missing something ?
Kudenda, Nigeria 🇳🇬 English
Yesterday, Channels TV interviewed Dangote and asked why his cement and other locally produced goods are expensive. Here’s what he said:
“All the companies you know under me spend at least ₦95 billion every single month on diesel alone. The cement plant in Obajana alone consumes about 50 million litres of diesel every month. At the end of the year, our total diesel cost is over ₦1 trillion annually. That’s not a small amount that people can ignore. So the cost of our products, especially cement, has to be high because from production to distribution, we rely heavily on diesel.”
That was Dangote’s explanation.
Now think about it. A man spending over ₦1 trillion yearly just on diesel, not even counting maintenance, staff salaries, allowances, taxes, and other expenses. Do you even understand what ₦1 trillion means? 😒
For comparison, Jigawa State with a population of over 8.2 million has never had a ₦1 trillion budget till today.
With all this wealth, Dangote still has just his three daughters. May God protect us from poverty in this world and the hereafter. 👌
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@fimiletoks @oyedelekayode89 We could not have been in a better position . The twin policies of petrol subsidy withdrawal and naira flotation were necessary shock therapy.
The subsidization of petrol and naira was a case of fool that will soon part with his money.
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To assume that the fiscal situation would remain the same if the reforms weren't implemented is wrong. There is always a cost to inaction ( opportunity cost ). What would have happened to :
- availability and supply of fuel
- fuel price and scarcity
- debt to revenue ratio
- fx availability and black market rate
- fx backlog
- NNPC remittances to FAAC
- FPI and FDI
- stability of the Naira
- inflation rate
- revenue and debt profile of states
- ability of states to fund budgets and pay salaries
Economists consider the forgone alternative in proper context. Do you think we would be in a better position if the reforms hadn't implemented? Share your thoughts...
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