Olamide Oni

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Olamide Oni

Olamide Oni

@lamidex2

Data Analyst|Information Systems Auditior|Project Management|Agriculture|Operations

Katılım Ağustos 2009
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Olamide Oni
Olamide Oni@lamidex2·
For this recovery to resonate fully with the public, the EFCC must prioritize transparency and accountability. The magnitude of this recovery demands full disclosure— we demand details and the official’s identity be made public. Without these, trust in the system risks eroding… Kudos to the EFCC for their efforts, but the fight against corruption demands holistic reforms and accountability at every step to inspire genuine public trust.
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Instablog9ja
Instablog9ja@instablog9ja·
Christians Should Leave Jos — Actor Zubby Micheal Says Following G¥nmen Att@ck on Palm Sunday
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BBC News (World)
BBC News (World)@BBCWorld·
Nigerian president's rivals get major boost as political heavyweight joins fold bbc.in/4dj2k1A
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StatiSense
StatiSense@StatiSense·
🇮🇷 IRAN VS 🇳🇬 NIGERIA: HOW AFFORDABLE IS PETROL? ⛽ Petrol Price (Per Litre) 🇮🇷 Iran — $0.029 | ₦40.14 🇳🇬 Nigeria — $0.92 | ₦1,273.51 💰 Minimum Wage (Monthly) 🇮🇷 Iran — $125 | ₦173,031.25 🇳🇬 Nigeria — $50.6 | ₦70,000 ⛽ Cost of 10 Litres (% of Minimum Wage) 🇮🇷 Iran — 0.23% 🇳🇬 Nigeria — 18.19% A minimum wage earner in Nigeria spends about 18% of their monthly income on just 10 litres of petrol, compared to 0.23% in Iran—highlighting a significantly heavier fuel burden. #Statisense (GlobalPetrolPrices)
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Olumide Adesina
Olumide Adesina@olumidecapital·
🇳🇬 populace is less interested in understanding the effect on the Strait of Hormuz; they believe low prices in petrol are their birthright. Unfortunately, the FG is not in its best shape to sell the story
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Abdul-Aziz Na'ibi Abubakar
Abdul-Aziz Na'ibi Abubakar@jrnaib2·
1- Atiku will deliver the Northeast for ADC. 2- Kwankwaso, El-Rufa'i, Tambuwal, Malami, Marafa and Kaita will deliver the Northwest for ADC. 3- Sen. David Mark, Dino, Dalung and others will deliver the North-Central for ADC. 4- Peter Obi will deliver the Southeast for ADC. 5- Rotimi Amaechi and his team will deliver the South-South for ADC. 6- Rauf Aregbesola and his team will deliver the Southwest for ADC. No governor can deliver his state, let alone his zone, for Bola Tinubu and the APC in 2027. Atiku is coming!
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Reuters Africa
Reuters Africa@ReutersAfrica·
Fuel prices in oil-producing Nigeria have reached record-high levels, industry figures show, as maximum output from the giant Dangote Petroleum Refinery has failed to shield the country from the energy market impact of war in the Middle East. reuters.com/sustainability…
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BusinessDayNG
BusinessDayNG@BusinessDayNg·
If you are a Lagos resident and sometimes wonders what happens to your 24 hours in a day, then here is part of the answer: commuters in Lagos spend an average of 30 hours on traffic weekly. This is according to finding of a research by JCDecaux Grace Lake Nigeria. The research took about 18 months to conduct, and confirms that the traffic challenge in Lagos is impairing productivity in the city, Nigeria’s commercial capital. It is also the country’s largest city and indeed Africa’s most populous. The research also confirms that traffic is the second annoying issue to Lagosians. Read more: businessday.ng/uncategorized/…
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Zagazola
Zagazola@ZagazOlaMakama·
Troops intercept vehicle conveying suspected terrorist logistics in Borno By: Zagazola Makama Troops of Operation Hadin Kai have intercepted a vehicle conveying suspected logistics supplies meant for Boko Haram terrorists along Maiduguri–Mafa road in Borno State. A military source disclosed that the vehicle, with registration number GZA 359 XA, was intercepted during a stop-and-check operation conducted by troops of 195 Battalion (Mechanised) at a checkpoint.
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BusinessDayNG
BusinessDayNG@BusinessDayNg·
A BusinessDay analysis of the latest report by Brand Finance shows that the top five lenders in the continent’s most populous nation—Access Bank, Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa (UBA), and FirstBank—posted a combined brand value of $1.8 billion, up 14.7 percent from $1.57 billion in 2025. Read more: businessday.ng/banking/articl…
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ARISE NEWS
ARISE NEWS@ARISEtv·
Gunmen have attacked the Angwan Rukuba community in Plateau State in central Nigeria, killing at least 40people. The attack highlights the ongoing security challenges facing Nigeria, as the country strengthens its foreign partnerships. The United States is already providing intelligence and surveillance support, while France and the United Kingdom are in talks with Nigeria over military training and equipment. What do these partnerships involve, and how do they benefit Nigeria? #Nigeria #Insecurity #Terrorism #ForeignPolicy
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Nairametrics
Nairametrics@Nairametrics·
The Federal Government has awarded ₦50 million each to 45 students under the Student Venture Capital Grant (S-VCG), following a competitive selection process across tertiary institutions nationwide. The beneficiaries emerged from over 30,000 applicants, with 65 finalists shortlisted and required to pitch their ideas after a three-day boot camp. Source: Punch
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Olamide Oni
Olamide Oni@lamidex2·
Convergence of appetite. Spare us the poetry of purpose. What we behold is a familiar congregation: birds of a feather, circling the same worn skies, drawn not by principle but by proximity to power. These are not architects of renewal, but custodians of a weary order,figures who drift from alliance to alliance, their constancy anchored not in vision, but in the unyielding desire to possess the state. Call it what it is: not a union of conviction, but a choreography of ambition,where the singular pursuit is not service, but the preservation and perpetuation of power.
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Olamide Oni
Olamide Oni@lamidex2·
Yes, Bola Ahmed Tinubu has implemented bold, orthodox reforms,fuel subsidy removal, FX adjustments, and revenue expansion. But as Joseph Stiglitz cautions, ‘reforms are not ends in themselves;their success is judged by their impact on people’s lives.’ By that standard, the evidence is sobering. Inflation has surged. Real incomes have eroded. MSMEs are under pressure. Poverty and inequality remain elevated. Industrial output shows no decisive expansion. Even Dani Rodrik has long argued that growth strategies must be context-specific and outcome-driven, not merely textbook corrections. Removing distortions without building productive capacity simply shifts pain,it does not create prosperity. And by the classical test of Dudley Seers,poverty, unemployment, inequality,the scorecard remains weak. The conclusion is straightforward: Nigeria today is reforming, but it is not yet transforming. Until fiscal gains translate into tangible improvements in welfare, productivity, and opportunity, what we are witnessing is not economic transformation,but an incomplete transition with heavy social costs.
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Sam Amadi
Sam Amadi@SamAmadi·
@lamidex2 You are right and on the same page with me. Do not forget that my main thesis against Omojuwa is that Tinubu is not transformative for the beautiful reasons you have pointed out. Thanks a lot
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Sam Amadi
Sam Amadi@SamAmadi·
1. On subsidy: There has always been a clamor to end subsidy because it is considered inefficient. But I disagree with that faulty economics. We distinguish between subsidy as a policy and its administration. The WB is against subsidy because it ‘distorts’ market pricing. But as Alice Amsden puts it, countries have prospered because they strategically got prices wrong. So, subsidy is good if it is deployed to stimulate production or consumption of public goods. EU countries are subsidizing energy consumption. There is the issue of corruption and misapplication of subsidy. That is a problem to be solved through fiscal discipline & better management. Subsidy is part of industrial policy. The WB & IMF wrongly shut down IP & now admits they are wrong. ‘Subsidy is bad’ is silly economics. It depends on timing and administration. The corrupt Nigerian govt cannot reform public administration so it hits the people. There is the nonsense that subsidy should not be for consumption. It can be for both consumption & production. That is the lesson of economic development. The bigger problem is that Tinubu has raised a lot of money from subsidy removal and shared with states. How has the fiscal buoyancy impacted on economic growth and HDI? Nothing. Poverty has grown, HDI has declined. The MSEs are suffering. By removing subsidy and increasing taxes we are witnessing the largest wealth transfer where the people fund the rulers. National budget is funded at less than 20%. Where is the fiscal buoyancy? Inside personal pockets and political war chests. How does the highest cost of living in the world and one of the lowest per capita income become economic transformation? Dudley Seer said check (1) poverty rate, (2) unemployment, & (3) inequality to know if there is development. Tinubu scores poorly on all despite taking more money from the people? Where is the money going? Corruption and politics? That is not transformation. Have you checked industrial output? Is it growing? No. It is contracting? Is infrastructure growing? Nigeria still has one of the lowest infrastructure and innovation indicator in Africa. What have we achieved by robbing peter to pay Paul?
JJ. Omojuwa@Omojuwa

1. The Subsidy Abolition: The Reform That Changed Everything No single policy decision since May 1999 carries more consequence (hence my ‘consequential president’ in the message you replied) than the sentence Tinubu delivered on inauguration day: “the fuel subsidy is gone.” That sentence did what decades of reports, IMF recommendations, and World Bank conditions had failed to do. Structural Context: The fuel subsidy had become, by 2023, less a social protection mechanism and more an organised wealth transfer to a politically connected elite. By the time Tinubu assumed office, Nigeria was spending approximately 97 percent of its total revenue on debt servicing. Analysts described this situation as disastrous.  The subsidy consumed whatever remained. The arithmetic was simple: the state could not survive it. Before the reforms initiated in May 2023, the Nigerian economy was characterised by a deeply entrenched oligarchy, where a small group of political elites, military officers, and business moguls controlled state resources. The pre-reform landscape included a fuel subsidy system described as rife with corruption and used as a feeding bottle for a select few, as well as multiple exchange rate windows that allowed FX subsidy merchants to exploit the gap between official and parallel market rates.  Macroeconomic Outcome: The country’s fiscal deficit dropped from 5.4 percent of GDP in 2023 to 3.0 percent in 2024, bolstered by increased national revenue which rose from ₦16.8 trillion to ₦31.9 trillion.  That is a near doubling of revenue in a single fiscal year. Note that this wasn’t due to the usual commodity windfall that only necessitated such progress in the past. It was a structural correction. Allocations from the Federation Account Allocation Committee in 2025 experienced a significant surge, with the three tiers of government sharing over ₦33.27 trillion in the first eleven months. This was a 30 percent increase over the same period in 2024. This growth, driven by subsidy removal and exchange rate reforms, included record monthly distributions such as ₦3.64 trillion in September 2025.  One of your leader’s favorite countries, Bangladesh, and a number of other countries are battling the crippling effects of fuel queues as we speak, even leading to the death of some citizens. Nigeria is suffering the effect of the war in the ME but we would be in a much worse situation but for this reform.

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Olamide Oni
Olamide Oni@lamidex2·
First, invoking Alice Amsden without context is selective. Getting prices wrong worked in East Asia because it was paired with strong institutions, export discipline, and productivity enforcement,not blanket consumption subsidies. Nigeria lacks that enforcement architecture, so subsidies here historically became fiscal leakages, not industrial catalysts. Second, the World Bank and International Monetary Fund critique is not that all subsidies are bad, but that untargeted, distortionary subsidies with weak governance are destructive. Nigeria’s fuel subsidy fits that exact description,regressive, opaque, and crowding out capital expenditure. Third, citing Europe is a false equivalence. EU energy subsidies are temporary, targeted shock absorbers within high-capacity economies,not permanent fiscal burdens in structurally weak systems. On Tinubu: yes, subsidy removal should translate into visible welfare gains,but the failure of fiscal transmission does not validate subsidy retention. It indicts public financial management, not reform itself. Finally, development metrics like those of Dudley Seers cut both ways: Subsidy regimes did not reduce poverty sustainably. They entrenched rent-seeking and underinvestment in infrastructure. So the real issue is not “subsidy vs no subsidy,” but state capacity and allocation efficiency. Keeping a broken subsidy because governance is weak is not policy but a total surrender.
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UNCLE DEJI™️
UNCLE DEJI™️@DejiAdesogan·
Foreign Affairs Minister, Yusuf Tuggar, set to Resigned his appointment today to contest the Bauchi gubernatorial position Who should be appointed as the next Foreign Affairs Minister???
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Iceprince
Iceprince@Iceprincezamani·
Since 2001, Jos Jos Jos 💔 My people have suffered too much tbh... Thoughts and Prayers
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charles aniagolu
charles aniagolu@charlesaniagolu·
A major political earthquake may be unfolding in Nigeria. Rabiu Kwankwaso has formally resigned from the NNPP and defected to the ADC, a move that could redraw the map ahead of 2027. Kwankwaso is no fringe player. He commands one of the most disciplined political movements in the north, with deep grassroots loyalty and a proven ability to mobilise votes at scale. His departure from the NNPP is not just a personal decision - it is the relocation of an entire political structure. And that is where the implications become profound. For the opposition, this could be the missing piece in the search for a viable coalition, potentially bringing northern political weight into alignment with figures like Peter Obi, Atiku Abubakar and others exploring a united front. But it also raises difficult questions. Who leads this coalition? Whose ambition gives way? And can historically rival political camps truly merge into a single, disciplined force? Because in Nigerian politics, alliances are easy to announce, but far harder to sustain. So is this the beginning of a formidable opposition bloc capable of challenging President Tinubu? Or just another high-profile defection that reshuffles the pieces without changing the outcome?
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Olamide Oni
Olamide Oni@lamidex2·
The current structural configuration of the country is fundamentally unsustainable. What we are witnessing is not a series of isolated failures, but a deeply entrenched system defined by pervasive corruption, institutional erosion, and decades of squandered opportunity. Beneath it all lies a profound ethical deficit, further compounded by entrenched tribal divisions that continue to undermine collective progress. The challenges are not only systemic,they are cumulative, and far more extensive than can be exhaustively listed.
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