Awele Olowosibi

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Awele Olowosibi

Awele Olowosibi

@only_1_zee

Your go to Chef for Nigerian Local Cuisine, Animal Scientist,BMW lover, Chelsea FC 💙.

Lagos, Nigeria Katılım Ocak 2024
2.7K Takip Edilen1.8K Takipçiler
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oseni rufai
oseni rufai@ruffydfire·
Let’s have a proper investigation into habillah death
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oseni rufai
oseni rufai@ruffydfire·
The current economic hardship stems from a mix of historical reliance on a single commodity and recent policy shifts: ​Over-Reliance on Oil: For decades, Nigeria's economy has been tied to crude oil. This lack of diversification leaves the nation highly vulnerable to global price shocks and domestic production disruptions. ​Currency Devaluation and Inflation: Recent reforms, including the floating of the Naira and the removal of the fuel subsidy, have led to steep inflation. The cost of food, transportation, and basic goods has surged, severely reducing purchasing power. ​Infrastructure Deficits: Chronic power outages, poor transport networks, and inadequate logistics create a hostile environment for local businesses and deter foreign direct investment. ​The Path Forward ​Addressing these systemic issues requires sustained structural reform. To build a resilient economy, Nigeria must aggressively diversify into agriculture, technology, and manufacturing, while simultaneously investing in stable power infrastructure and strengthening its regulatory institutions.
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Zucker Doctor
Zucker Doctor@DoctorLFC·
*Your life is set once you complete your education* Life:
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oseni rufai
oseni rufai@ruffydfire·
Precipitate Subsidy Removal: Announcing "subsidy is gone" on inauguration day without an immediate cushion mechanism triggered a massive inflationary shock. ​Flawed FX Unification: Unifying the foreign exchange windows without sufficient dollar liquidity led to a free-fall and severe devaluation of the Naira.
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CallUnc
CallUnc@Callunc·
Me stuck in a meeting that has nothing to do with me but the manager still wants me in
CallUnc tweet media
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oseni rufai
oseni rufai@ruffydfire·
FG, States, LGs get higher revenue as June allocation hits N2.55tn FG, states, LGs get higher revenue as June allocation hits N2.55tn The Federation Account Allocation Committee has shared N2.55tn among the Federal Government, state governments and local government councils from June 2026 revenue, representing an increase of N250bn from the N2.3tn distributed in the preceding month. The latest allocation represents a 10.9 per cent month-on-month increase and extends the steady rise in federation revenue this year. The N2.3tn shared from May revenue was N43bn higher than the N2.26tn distributed from April revenue, while the April allocation exceeded the N2.04tn shared from March revenue by N217bn. The March distribution had also risen by N150bn from the N1.89tn shared from February revenue. The details were contained in a statement signed by the Director of Press and Public Relations, Office of the Accountant-General of the Federation, Bawa Mokwa, on Wednesday after the July 2026 meeting of the Federation Account Allocation Committee held in Abuja. According to the statement, “A total sum of N2.55tn, being June 2026 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils.” The communiqué stated that the N2.55tn distributable revenue comprised N1.81tn statutory revenue and N740.72bn Value Added Tax revenue.Company Earnings It added that total gross revenue available in June stood at N4.5tn, out of which N160.74bn was deducted as cost of collection, while N1.79tn was recorded as transfers and refunds. The committee reported a sharp increase in statutory revenue during the month. According to the communiqué, gross statutory revenue rose to N3.7tn in June from N2.65tn in May, an increase of N1.05tn. Gross VAT revenue also improved, rising to N799.75bn from N743.69bn in May, representing an increase of N56.08bn. The communiqué attributed the improved revenue performance to stronger collections from several major revenue sources.State & Local Government It stated, “In June 2026, Companies Income Tax, CGT, SDT, Petroleum Royalties, Gas Flared, Rental & MOR, Value Added Tax, Import Duty and CET Levies increased significantly while Petroleum Profit Tax, Hydrocarbon Tax, Mineral Royalties and Fees decreased considerably. Excise Duty increased only marginally.” From the N2.55tn distributable revenue, the Federal Government received N923.44bn, while the 36 states received N838.21bn. The 774 local government councils received N591.39bn, while oil-producing states shared N197.61bn as 13 per cent derivation revenue. A breakdown of the N1.81tn statutory revenue showed that the Federal Government received N849.37bn, state governments received N430.81bn, and local government councils got N332.14bn.TV Networks & Stations The oil-producing states also received N197.61bn as derivation from the statutory revenue. From the N740.72bn distributable VAT revenue, the Federal Government received N74.07bn, the states received N407.4bn, while the local government councils received N259.25bn. The latest allocation was supported by improved collections from Companies Income Tax, petroleum royalties, Value Added Tax, import duties and other revenue sources, despite declines in Petroleum Profit Tax, Hydrocarbon Tax, mineral royalties and related fees. The sharp increase in statutory revenue, coupled with higher VAT receipts, lifted the distributable pool to one of its highest levels this year, providing increased allocations to the three tiers of government.Government
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oseni rufai
oseni rufai@ruffydfire·
Like I predicted nothing will come out the Adeyemi corruption allegations Only God knows how many more fake parastatals
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NK🕸️
NK🕸️@thtguy_nk·
😭😭😭😭😭 What is this gif?
GIF
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Chi ❤️
Chi ❤️@kindwest·
Hisbah Police is supposed arrest and amputate Malami for Stealing abi Quran Laws are for the poor Only? Allah dey discriminate?
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Manjul Vic🦅
Manjul Vic🦅@VictorManjul·
70% of Tinubu’s policies are meant to frustrate the common Nigerian‼️
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DJ TUNEZ
DJ TUNEZ@DJ_TUNEZ·
GIF
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Avy
Avy@avyloveyou·
The big 3 Spotify, Tiktok, Twitter
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Imi Khan
Imi Khan@Backhat_dude·
It’s been a wonderful 11 months.❤️ I have no words literally. The bond we have was so intense that I couldn’t hold back my tears either . I wanna thank God for his mercy and guidance and protection throughout this journey. I wanna specially thank the owner of the school, my fellow colleagues and you all that have been watching us from the very beginning ❤️.We love you. And to my students (everyone in the school) I love you guys so much, thank you for having me as your master and I know you all have a bright future ahead. This is me signing out for the final time ❤️🤧
Imi Khan@Backhat_dude

When I started this . I never expected it to go this far . It’s been a fun and amazing experience. Unfortunately we are almost at the end of this journey(one month left) ❤️😂 One thing I’m happy about is I’ve been able to create a platform for the kids who stood out. Helping them grow it. Thank you all for the love ❤️. We really appreciate it .

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Boadi CocoaTea
Boadi CocoaTea@Cocoatea57·
I've sprayed my room Mosquitoes:
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Destiny Leonard
Destiny Leonard@desslyonn·
My black jean anytime i have somewhere to go 😭😭😂
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Chefjeff
Chefjeff@chefjeffkitchn·
Psalm 23:5 #Foodislove
Chefjeff tweet mediaChefjeff tweet media
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