Stix

3K posts

Stix banner
Stix

Stix

@dayvid_JS

SWE 👨🏼‍💻|| DevRel 🥑 || Tech Writer

Safe Haven Katılım Ocak 2016
1.1K Takip Edilen352 Takipçiler
Bamboo
Bamboo@investbamboo·
Just a quick reminder that we’re giving away $500 to 5 lucky users this month on Bamboo. That’s $100 for 5 people💰. To participate, share your portfolio on any social media and use the #Bamboogains to qualify. Winners will be chosen at the end of the month 💪🏾
English
60
16
114
21.5K
Stix retweetledi
gst
gst@wearegst·
Despite producing double the cement Nigeria needs, three companies control the market and have hiked prices to 15,000 naira per bag, making home ownership an impossible dream for you.
English
154
3.8K
7.4K
498.8K
Stix
Stix@dayvid_JS·
Omo! Wetin Dey go well for this country sef? 😭🙂‍↔️
English
0
0
0
5
Stix retweetledi
Swaguu_szn 🫟
Swaguu_szn 🫟@bhadBOI__01·
Salo too funny 😂😭😭…
English
115
715
8.5K
176.9K
Stix
Stix@dayvid_JS·
Nawa o 😭
Filipino
0
0
0
6
Stix retweetledi
SB
SB@seyedele·
One of the dangerous things about our society now is that people who see you and to them you appear to be doing well, somehow resolve that you have to be into fraud. Random, unexpected message from the guy that painted my house. It’s extremely worrisome.
SB tweet media
English
380
449
2.4K
884.8K
Stix retweetledi
contract.dev
contract.dev@contractdotdev·
We're hiring at contract.dev. We're building the testnet devs actually want: a private, real-time copy of mainnet, with built-in devtools. Open roles: – web3 engineer (smart contract exp) – full-stack engineer (Typescript, Go) – product designer $2000–$2500/month. remote. We're passionate about the future of smart contracts. DMs open | Reply below | Tag talented people👇
contract.dev tweet media
English
311
44
904
70.7K
Stix retweetledi
wande
wande@blaccmajek·
For reelection no be achievements you suppose dey campaign with? Which one be promises again? 😂
English
51
1.9K
5.6K
67.8K
Stix retweetledi
Olusegun
Olusegun@shegzoO·
I should believe you instead of world bank?😂😂😂
Taiwo Oyedele@taiwoyedele

FEDERAL MINISTRY OF FINANCE PRESS STATEMENT 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

English
82
2.5K
6.3K
200.7K
Stix retweetledi
Alhaji
Alhaji@yeankhar·
Mass burials for the victims, Aso ebi and Jollof steaming for the terrorists. Nigéria, my country!
English
50
3K
5.3K
134.8K
Stix retweetledi
Marquis Of Infamy 🪶🪶🪶
Tunde Onakoya’s Chess in the Slum initiative does more for his image than it does for children across the southwest.
English
122
800
3.8K
332.7K
Stix retweetledi
Sheni Coker
Sheni Coker@sheni_coker·
Being a tribal bigot in your 20s and 30s is actually tragic. You have your whole life ahead of you, and this is what you chose to do with it.
English
9
228
494
7.2K
Stix retweetledi
Shehu Gazali Sadiq
Shehu Gazali Sadiq@Shehu478392·
MC Oluomo was on video threatening opposition voters prior to 2023 election. The Nigerian police called it a joke. But Obidients are bullies and toxic. Your papa no well.
English
43
3.7K
8.2K
64.7K