GB
2.7K posts
GB
@gbdadon
Never easy being me..... so be on your ......! winks Milan Fan🔴⚫| Product Design & Management| Bini Boy|Video game|Barrack pikin
nigeria Katılım Mart 2012
784 Takip Edilen164 Takipçiler
Social media has made a lot of voices sound wise, especially with soundtracks. A coup d’état in Nigeria is very possible and can be achieved. The Nigerian military btw the ’80s &’90s was stronger and more disciplined, yet coups still happened. In addition to Abuja, they need Bauchi and Makurdi to send those MiG airborne.
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“If Any Coup Happens In Nigeria Today, It Will Be Carried Out In Abuja. Once The Soldiers Finish Taking Power And Removing The Politicians In Charge And The President, You Will Then See Non-Aligned Groups And Internal Organizations Within The Military Move Against The Coup Plotters. The Divisions And Disunity Within The Nigerian Military Are Highly Sophisticated. A Coup Is Not Possible In Nigeria.”- Analyst Austin Aigbe
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The Xpress Payments Board Demands Immediate Scrutiny
I did an indept review of the board of Xpress Payment Solutions Limited (XPSL) the company at the centre of the controversial new TSA revenue collection deal and what it reveals is a troubling concentration of political, regulatory and financial power.
The composition of this board raises serious questions about governance, conflict of interest and the risk of state capture.
XPSL’s appointment as a collecting agent for the FIRS has already triggered public outrage, with some infleuntial leaders describing it as "a dangerous resurrection of the Alpha Beta-style revenue cartel"
A closer look at the board justifies these fears.
The First Red Flag: A Former CBN Director as Chairman
The chairman of XPSL, High Chief Samuel Oni, is not an ordinary board figure.
He is a former Director of Banking Supervision at the Central Bank of Nigeria (CBN) one of the most sensitive regulatory positions in the entire financial system. He also chaired the committee that led the creation of the Asset Management Corporation of Nigeria (AMCON).
His background immediately creates a major conflict of interest:
Regulator turned regulated: The same person who once wielded sanctioning power over banks now chairs a private fintech company that relies on regulatory goodwill and CBN licence control.
Multiple high-level roles: He is also Chairman of Abbey Mortgage Bank and a Non-Executive Director at UBA Plc. Holding leadership positions in three highly regulated financial institutions at once exposes the system to unprecedented governance risk and possible regulatory arbitrage.
This is not normal. And it should not be acceptable in any modern financial system.
The Contract Controversy: A Board Built for Political Cover
The Acting MD, Mr Adewale (Wale) Olayisade, is now the face of the TSA uproar.
While the FIRS has denied granting XPSL a monopoly, the optics remain troubling.
When you place a former top CBN regulator as board chairman immediately after a sensitive contract award, it creates the impression of:
Regulatory insulation.
Political shielding.
A structure designed to withstand scrutiny rather than embrace transparency.
This is exactly how state capture starts.
A Closed Network of Power and Influence
Beyond Oni and Olayisade, the other board members reveal a tight, interconnected bloc of old-guard financial actors.
1. The Kwara Bloc
Dr Awa Ibraheem
Strong regional ties to Oni.
Multiple board seats including PHEDC and Oak Pensions.
2. The Oceanic/UBA Bloc
Mrs Ololade Ogunlusi and Mr Lukman Olatunji Buari
Both with legacy history in Oceanic Bank and connections to UBA.
Same network that experienced the 2009 banking crisis, AMCON interventions and internal regulatory scrutiny.
These overlaps link the XPSL board to the CBN, AMCON, troubled legacy banks, commercial banking giants, and now sensitive federal revenue systems.
This is not a normal corporate board. It is an elite financial-political clique.
Nigeria’s TSA system is too important to be placed in the hands of a board with this level of conflict and political exposure.
The CBN and FIRS must immediately review this
Review Oni’s chairmanship in light of his multiple conflicting roles and regulatory background.
The EFCC and ICPC should Conduct a full audit of assets, beneficial ownership structures and offshore holdings of all directors.
Suspend the TSA Contract Pending Investigation
Until an independent inquiry reveals the true selection process, fee structure and beneficiaries.
Nigeria cannot afford another Alpha Beta.
The integrity of the TSA system is on the line.
The public deserves clarity.
The financial system deserves protection.
And the XPSL board, as presently composed, raises far too many red flags to ignore.
Atiku Abubakar@atiku
The Federal Government must come clean with Nigerians. The quiet appointment of Xpress Payments Solutions Limited as a new TSA collecting agent is not an administrative decision, it is a dangerous resurrection of the Alpha Beta revenue cartel that dominated Lagos State during and after the Tinubu years. That model created a private toll gate around public revenue and funnelled state funds into the hands of a politically connected monopoly. What we are witnessing now is the attempt to nationalise that same template, moving Nigeria from a republic to a private holding company controlled by a small circle of vested interests. To introduce such a policy in the middle of a national tragedy, while Nigerians are mourning loved ones lost to the deepening insecurity crisis, is not only insensitive, it is a deliberate act of governance by stealth. When a nation is grieving, leadership should show empathy and focus on securing lives, not on expanding private revenue pipelines. This latest move raises fundamental questions: Why was this appointment rushed and smuggled into the public space without consultation, stakeholder engagement, or National Assembly oversight? What value does Xpress Payments add that existing TSA channels do not already provide? Who truly benefits from this? Nigeria or an entrenched political network? This is not reform. This is state capture masquerading as digital innovation. Let me be clear: Nigeria does not need more middlemen between citizens and their government revenue. What we need is greater transparency, stronger institutions, and a tax system free from political capture. I therefore call for the following: 1. Immediate suspension of the Xpress Payments appointment pending a public inquiry; 2. Full disclosure of the contractual terms, beneficiaries, fee structures, and selection criteria; 3. A comprehensive audit of TSA operations to prevent the creeping privatisation of revenue collection; 4. A legal framework, not executive shortcuts, that prohibits the insertion of private proxies into core government revenue systems; 5. A national security priority shift, recognising that a country under assault cannot afford economic governance conducted in the shadows. Nigeria’s revenues are not political spoils. They are the lifeblood of our national survival, especially at a time when insecurity is tearing communities apart. The government must abandon this Lagos-style revenue cartelisation and return to the path of transparency, constitutionalism, and public accountability. -AA businessday.ng/companies/arti…
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They got a voice activated lightbulb 😭 I laugh at this video every time I see it
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GB retweetledi
3rd surgery concluded this week.
Some hellish experience, you just go through it and pray it ends one day.
2 years in today.
I'd quote this with total healing next year. 👍
Oka4Nwa@Oka4Nwa
August 10 2023. A year ago, I had this accident to my knee that has almost ruined my life. Millions spent on recovery, daily excruciating pain, mood swings, and no end in sight... What a year.. I am grateful for friends who have held my hand through this tough period..
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Longest Serving NIBSS staff. ❤️
𝐖𝐚𝐥𝐞 𝐀𝐣𝐢𝐛𝐨𝐲𝐞@AjiboyeWale
Lowkey, I admire people who have been able to do this with their careers.
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How can you build infrastructure when the sites are not secure?
There are drones, ATVs, UAVs, Tanks etc that can reach hidden places and achieve the security objective.
Security comes first!
Bola Lawal@BWLawal
I’m not for insulting but you need roads to be able to secure the country Infrastructure is part of security Lack of adequate infrastructure is what’s killing Congo DR. Where their resource is located is hard to reach and main reason it’s easy to be stolen to Rwanda and exported to the west
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GB retweetledi
Don't miss out! Aella is offering a fantastic 5% discount on your EKEDC electricity bills! Save money while keeping your lights on. Download the Aella app today to enjoy this amazing offer!
#Aella #EKEDC #SaveMoney
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ATTENTION PLEASE!!!!
There is a new scamming technique in town called
'JUMPED'.
A scammer sends you a real deposit of money into your phone using his number.
This is not a fake deposit he sends you money, a small amount like 20k or 30k and you won't even doubt it.
After sending this money he then launches a withdrawal on your alert sim. Number.
When you receive the message on your phone that you have received some money the natural thing is to be excited and then want to check your balance.
To check balance you'll need to enter your pin.
The moment you put a pin, you will have validated his withdrawal request on your account.
Your account will automatically allow his withdrawal request and take out the money.
The trick is to lure you with a small amount initially to steal from you.
To protect yourself from this scam whenever you receive such an unexpected deposit to check your balance first enter in deliberately the wrong Code Number.
This will cancel any withdrawal requests then thereafter check your balance with your real Code Number.
With these new electronic money transfers and Artificial Intelligence coming in let's do this all the time to avoid being fooled by these scammers who are always coming up with new methods to try and steal from us.
Always share such pieces of information with family and colleagues to keep them updated and always be alert.
PLS. BE INFORMED.
*Shared as received*
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I don't know when you were in Uni, But I was in uniben btwn 2006 and 2010.
And the average plane ticket was btwn 10k and 18k.
If you could pay this back then from your pocket money it means that you were from a very rich family.
ifeoma 🇳🇬🇬🇧@ifeoma_anita
@Osi_Suave When I was in uni I could afford to fly from Benin to Lagos every now and then with just my pocket money, how many students can afford it now with just pocket money?
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Life’s too short to drive boring cars. das beste oder nichts — German way of saying “The best or nothing!”
C H I M A🇳🇬🇬🇧@Datsmefavor
Bro, go for Mercedes… No fear anything they’ll tell you… Just make sure you get one with a good mileage and perfect MOT history or you go to a good garage. Leave all these baby cars they’ll suggest for you. Just obey Mercedes when it tells you service is due.
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Watching Ola Aina's snap, and I'm full of regret for not pursuing football professionally.
You get big pay for playing football that you love. During international breaks you travel to different countries and are kept at the best hotels.
And I was really a good midfielder oh
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GB retweetledi
Aella is proud to be a part of a significant Corporate Social Responsibility (CSR) initiative in partnership with Gluwa. Aella has committed to financing the participants to aid in their entrepreneurial pursuits after the training cohorts. This project aligns with the Federal Government’s Digital Transformation Strategy, spearheaded by Vice President Kashim Shettima. The AI Expertise Blockchain and Technology Training and Outsourcing Initiative aims to empower 1,000 Nigerian youths annually, providing them with advanced skills in AI and blockchain technologies. Aella's participation highlights our commitment to promoting technological advancement, expanding digital finance, and promoting economic empowerment across Nigeria.
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...and the wife God gave me, gave me a beautiful daughter.
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@TheOgbonna How? They won't be affected bro, it's the same common that will suffer
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The NLC should continue with actions that will affect every Nigerian including the rulers.
Electricity, roads, airports and other critical infrastructure should not be allowed to function as normal till all demands are met.
Easily fixed that.
Dr Dípò Awójídé@OgbeniDipo
I was a member of a union in my days as an employee of a university. Whenever we went on strike it was to force our employer to act, not to punish students. The NLC should refrain from actions that punishes the common man - the average Nigerian. Electricity, roads, airports and other critical infrastructure should be left to function as normal.
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Block the fucking highways, gaddamit!
Nigeria Labour Congress HQ@NLCHeadquarters
Any Attempt to Intimidate, Provoke or Blackmail Our Leaders at The Negotiation Table would worsen the issue and further Prolong our action indefinitely. Our Leaders are acting in accordance with directives of Our Organs. Viva! Organized Labour, Viva! Working People Of Nigeria!
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But he doesn't meddle into Africa affairs unnecessarily & try to impose incompetent leaders on us like Obama and Biden did in 2015 and 2023, so that they can implement their anti people agenda and hold the continent down. Trump has never hidden the fact that it's "America first"
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