Bk.network

@Bigg_Rooney @Big_marvis Lagos/sagamu/ore road how far Benin sapele road afa, benin ore road is it Lagos ibadan is it ore akure is it the west east road is enugu portha court road and more under construction I over 120 express roads under construction by this man

The inheritance analogy is a great way to simplify things, but it only works if the person inheriting the land isn't also taking out a high-interest loan to buy a luxury car while the family is starving. Nigeria’s total debt has officially hit **₦159.28 trillion**. We are currently spending **₦15.5 trillion** just to pay the *interest* on old loans. That is nearly half of the entire national revenue. When half of your salary goes to the bank for old debts, taking a new loan for a "business car" (the road) is extremely risky, especially since this loan is at an interest rate of **SOFR plus 5.3%**, which is very expensive money. Bringing up Diezani and 2014 is a powerful emotional point, but it doesn't fix 2026. A father can’t tell his kids, "I have to borrow today because your grandfather spent the savings 12 years ago." It might be true, but it doesn't change the fact that this administration has **doubled the total debt** in under three years. We moved from ₦87 trillion to ₦159 trillion. You can't keep blaming the "previous administration" when your own borrowing speed is three times faster than theirs. We were told the Lagos-Calabar Coastal Highway was the "revolution," yet it went to the President’s business associates while existing roads are death traps. Borrowing $516 million for a *new* superhighway while we can’t afford to maintain the ones we have is like buying a new suit when you don't have shoes. Mocking Peter Obi for "keeping money in the bank" misses the point. In an economy where the Naira has lost 70% of its value and inflation is still biting, having "reserves" is what keeps a country from total collapse. You don't build a mansion when you can't buy bread. Borrowing isn't a miracle; it's a burden. If this highway doesn't start making billions in trade profit *immediately*, it is just another ₦740 billion added to the debt pile. We aren't "investing" for our children; we are spending their future before they are even born. You don't fix a squandered inheritance by taking a loan from a shark, you fix it by cutting your own spending first. Right now, the government's spending is still at "Oil Boom" levels while the citizens are in "Oil Doom" reality.

WHY IS TINUBU BORROWING? I AM GOING TO BE VERY BLUNT HERE. Please I beg you, this post is very important. SHARE it. President Asiwaju Bola Ahmed Tinubu came to the Senate yet again seeking to borrow the sum of $516M . The purpose is to finance the finishing of the Sokoto-Badagry highway. And to this ,the Senate President says, "It Is Better To Borrow For Projects To Improve Road Safety And Foster National Integration" — Senate President, Akpabio I have received several calls from friends who say "You see am? Tinubu is borrowing again." Then I ask, what's it with you people and his borrowing again? I believe you don't know,now I want to answer you on why previous administrations borrowed and why he's borrowing. Let me break it down to the layman's understanding. Have you ever borrowed money before ? Either from your friends, micro finance banks or those online Apps that give many sleepless nights?🤣 I assume the answer it YES? So why did you borrow? Perhaps you needed to start a small business or increase your business or you're on a project ? So why did you borrow to execute the project? The answer is simple. Your productive capacity is not enough to produce the money you need to finance your projects. Now imagine that you're a guy who inherited ten plots of land. Before now a plot there was selling for just one million. Then suddenly a maga company came there and built a factory and a federal university moved in there too. The value quickly shot to 30M per plot. 10 plots will be N300 M. You sold all of them and you were swimming in Money. Then you made no further investments with the money. You squandered the money. And before one year you were back to square one. So if you're going to survive, manage to start a business, send your kids to school, feed, and finance your other needs , what will be your option? Miracles? No. You'll borrow. Let's say you've learnt your lessons, borrowing is not a bad thing as long as you're using the money to invest in things that will generate profit and enabling you pay back. And in five years, you could become a successful businessman again. So this is the case with Nigeria. Previous administrations squandered golden opportunities for Nigeria to prosper. Jonathan administration especially enjoyed oil boom and earned $300 billion. That was our opportunity to industrialize and blow up , but the money ended up in private bank accounts. We're borrowing $516 M now , but Jonathan's petroleum minister , Diezani Madueke-Allison alone disappeared $20 billion. Till today that money can't be found. From my post last night you could see testimonies from Central bank Governors Soludo and Sanusi plus Dr. Ngozi Okonjo-Iweala saying that, "Whoever would takeover from Jonathan in 2015 would suffer because he will have no money to run government." Remember, all these three served in that government and they had this testimony about it? Let me tell you, whoever tells you that if he becomes Nigeria's president today he won't borrow, that person is not being honest. What miracle is he going to do? If you don't have money , how are you going to finance projects? Unless he's going to do what Peter Obi did in Anambra - keep money in the bank and do no major transformational projects. Play baba Ijebu Economist. Is this what we want? You could see what Tinubu needs this money for? A major highway linking Lagos and Sokoto -northern business Axis. This road is linking products to customers. This is why I tell you to pay attention to every move Tinubu makes. See the sense in them. I tell you that this road will finance the repayment of that loan before the end of one year. The biggest road revolution in this country is this Badagry-Sokoto and Coastal road. They'll blow up Nigeria's economy greater than anything you've seen. I support Asiwaju with my full chest. A leader who makes moves that matter. Even when the moves are unpopular.

@Muzadeen @Big_marvis Ok but you've heard of student loan when they talk about using subsidy to funds it shey una no believe you people dragged them saying na by connection na u go take get am now they stop talking and do what they feel is right

@Big_marvis Where's the transparency regarding subsidy savings? Foreign reserve increments that don't translate to real growth amidst high poverty rate are just abstract figurative expressions!

@AafinOmoEko @Big_marvis @CyberSecStud_04 That road should be brought up on by the state gov to the federal house most road project are been done by the state gov in credit the federal are to pay back that's what ibadan state gov are currently doing even Edo gov

@Big_marvis @CyberSecStud_04 You are a bastard lair Sir My Media job takes me from Southwest to East to the south south.... Take for example Ibadan to Osogbo ... The road is a death trap & in the South like Asaba/Benin Expressway hasn't seen one drop of cotar Alaye, this is not the NTA era of Lies!

@AafinOmoEko @Big_marvis @CyberSecStud_04 What illesha road

@AafinOmoEko @Big_marvis @CyberSecStud_04 U lie in agbor road sir I leave there I can do video for you project is going well

Halftime Thoughts: •Why did he even start Ugarte when Mason Mount is on the bench? •Amad Diallo the decline is crazy •That was a foul on Leny Yoro, but the Premier League hates us… understandable •Šeško, what are you doing ffs? •Luke Shaw terrible • Carrick doesn’t know what’s happening •Kobbie Mainoo missed badly •Yoro and Lisandro Martínez partnership should never happen again •Ugarte the worst of all •Casemiro should just leave at the end of the season

@fcspokesman Fcccccc D

So the news na true sha 🫢 ?

Here is a quick explainer on how electricity works in Nigeria, & why, for now, Nigeria can never have 24 hours electricity… No one has ever explained or broken it down like this before, to make us all understand what exactly the problems are.

@Chibubani @wealthcoachomi @grok @grok if I invest 5k how much will I be earning

@wealthcoachomi @grok how much should I invest to make a return of N350,000 every 3months ?

Everyone looks at the FGN Savings Bond as one of those regular investments; but what if I told you that you can actually create a system that pays you salary every month without having to work using this same bond? Well, that’s what I have created for you for your future retirement or if you just want to catch cruise with a “careless” monthly income to spray around. And depending on how much you can invest, it could be as high as N1m or even N5m per month!

Politically Obi, Akita and co have all been defeated.

Happy birthday to our C in C. Nigerians all over the world love you. Come 2027, we will deliver in all polling units as a gift. Everywhere good your excellency. @officialABAT

Hold your local government chairman accountable. Pressure them to build your communities within your local government.

@tolathebaddest I want to

If you’re serious about gr0wing your X acc0unt Drop a reply below and I’ll connect with you🤗❤️💯

@Arya_898 Tina

@MachalaDoctor @wizkidayo please give this boy to Dave to mold

But to be honest this is real funny because this is the first time a thing like this is happening in the history of apple music, tell me if I'm wrong please 😂😂😂

@TheRealAccount0 As who

@Peter4Nigeria You are so dumb you just prove to me that you don't know anything

High cost of Petrol and Energy crisis in Nigeria consequence of allowing criminals run your country ❗️ Dear Nigerians how much more suffering are we willing to endure? 2027 = MOBILIZE❗️ #EndbadGovernanceinNigeria #ElectoralReform

@azakegrn 500k #DHLPoorServices

@mosesgives 8115614356 Opay

Drop OPAY or any Aza

@asherkkine 500k