NewStats: 3,264,410 , 8,183,641 topics. Date: Tuesday, 10 June 2025 at 11:19 PM 2bve

Celestialsword:


The there levels of government in Nigeria are neck deep in debt, despite proceeds from fuel subsidy removal and multiple taxes imposed on the masses.

The various states receive monthly federal allocations plus their internally generated revenue and derivation funds given to the oil producing states.

Nigerians should stop being critical only to the federal government, they should look inward,the states and local government are part of the problems in the country

South Africa that has small population has 7 times the debt of Nigeria.
Stop debt this,debt of that.All nations borrow money.
It is what they use it for that is the koko.
Tinubu is even doing more than the debt he is taking.
He has even paid more debt than what he borrowed.

Biodun556:



Many of those houses are more than two hundred years old. They are old settlements

Built when they were walking nak*d and living in raffia hut.

press9jatv:
very true here. Onitsha has companies why Ogbomosho has tertiary institutions

Exactly.

solutionsnow:
This is an example of "what would Peter Obi have done differently?"

No godfather
No remittances
No stealing
Free qualitative education
Quality health care
Safe society (zero insecurity)
Low cost of governance
Zero propaganda
Massive infrastructural development
Zero PR
Minimum wage payment
Zero loan

From the governor who has performed better than the president

Commissioning 2km,2km roads



Additionally, two major road reconstruction projects will be inaugurated: the 8.3km Isi Eketa-Obikabia Road (linking Isiala Ngwa South to Isiala Ngwa North) and the 1.5km IBB Road (Duzie Way to Ahiaeke), both overseen by the Ministry of Works.

Umunzeorumba:
Ogbomosho

Just only a few parts of Agodi:
Ibadan is more developed than the entire SE Igboland infrastructurally.




https://www.youtube.com/watch?v=3HrHyE2OFn4?si=Y_WELRVhBjSFCF7C



https://www.youtube.com/watch?v=rv-cMZRfYGM?si=wvLUrb0MQ_Z_5ZpO





https://www.youtube.com/watch?v=TVcDaH-L0L0?si=WsqB_2c0aZcbBT2L



https://www.youtube.com/watch?v=GsDBGnMEqHw?
si=Fk3GoSr4vjTIp1Uu




https://www.youtube.com/watch?v=y5mMQ-XPVuY?si=ZSlEYdsaFnivbrFL

Ibadan Agodi



https://www.youtube.com/watch?v=u4jQc2QRTis

press9jatv:
Watch this video and see some houses in Agodi Estate


Be enlightened.


https://www.youtube.com/watch?v=u4jQc2QRTis

After Lagos,there is no other place as developed as Ibadan.
Even Ogbomoso is more developed than Onitsha that Igbos always put on their heads like gala.

LagosOrigin:

Do you have ancestral land in Lagos , please I want to buy

Have you eaten?

MadamExcellency:
Many of those buying the properties were born and bred in Yorubaland, and many haven't set foot on Igboland.

If you investigate further, it's their Yoruba wives forcing them to buy those properties to maintain family connections. So chill, these sets of Igbo millennials are not coming back to Igboland, just one visit in two or three years.

Continue to deceive yourself,sir.

NSK4U:


Lol........ You are really embittered, but I would just advise, stop selling your land since you rely heavily on government and its policies.......but I know you can't because you campaign for rubbish and agberos to represent you for tribal jokes during election instead of competence. Igbos don't necessarily rely on government like you and might not have your kind of pain when they start 0ll
showing you shege........ nobody is forcing you to sell your land, it's something you can stop all by yourself.

You are the ones deceiving yourselves of buying up land from Yorubas who you and your ancestors have always seen as being superior to you Igbos just to shore up your identity.You don't shout buying up Kano,Akwa Ibom etc.
People will continue to sell land for business especially when they know they can take back the land soon or even revoke its certificate if they even have one.
If you go Indonesia or India to carry powder and buy land in Yorubaland,they will sell to you,wash your hand clean because they know that it is just for some years when they collect another money or take back their land.
Ask baba Ojuku.
Even Russia assets have been taken over in other lands.
Develop your scanty Igboland but na the place that is already more developed than your region you are deceiving yourself on.

SocialJustice:
This is the lie you tell yourself for consolation. Go and work money so you can secure your own part instead of consoling yourself with lies.

Which one is a lie amongst what I said?

Ibadan has more infrastructures and more developed than the entire SE Igboland...fact.

You can only own a land for 99 years if you have C of O....fact.

Most people do not have C of O....fact.

SE Igboland is undeveloped and almost turning into a desert except a few places,go and develop your land.

Only a very foolish person will leave his land undeveloped and relish developing another man's land like a willing slave.

SmartPolician:


@ the emboldened - that is not true. Every tribe in Nigeria has a lot of foooooooolish people....there are no exceptions. It's even worse among uneducated, well-to-do folks.

Those people struggle with inferiority complex and always want to prove a point that they are richer than these so-called educated people.

I won't mention what one silly Igbo boy said about Yorubas in Lagos that got me wondering if some people have brains at all. I cringed upon hearing it!!!

Most times, you don't need commonsense to make money; you just have to be good at what you do and a bit of luck/grace.

Going through the history of Nigeria,Igbos have always seen Yorubas as more superior than them and have done almost everything to want to bring them down.
Azikiwe,Nzeribe,Achebe etc affirmed this in their statements and writings.
When I read there was a country,I just shook my head.

ukukaegbu:
I thought they said Igbos should leave yorubaland.
Why then are they still selling land to them.

Tinubulation is real!



This one is pained.
Igbos have developed Enugu, Owerri, Aba, Awka. It's time to develop Ibadan.
Even your mother's kitchen will not be spared.

The person that started that conversation is ill informed just like he said that he or she heard that Igbos are buying land in Oke Ado.
It is a big fat lie started by Igbos themselves to feel belonged.
Ibadan is more developed than the entire SE Igboland.
Ibadan is developed 99% by the Yorubas and lands there are mostly leased especially to non Yorubas.
Even if Hausa or Igbo buy land in Yorubaland,the land still belongs to Yoruba,highest 99 years but 99% of those who buy lands have no C of O and the land goes back to the owner soonest.

Baronthecelebri:
Why will she forget it for 3 days

lol
She is 70 and she can forget it for ever if not asked unless she stumbles on it accidentally again.
She is been working there for a decade without blemish ,reason everybody is fighting for her to be reinstated fast.

Revolution in your one room apartment?

Tinubu himself is his own cabal.

He was gifting out $1million everyday just for Trump to win and he did.

In Nigeria,you are buying votes.
They took Musk to court for him to stop buying votes for Ttrump,Musk trumped them all in court.

Wey the video?
I won't believe without visuals.

Go and sit down somewhere,sir.
You can do nada.
Man proposes,God disposes.

geoworldedu:
Wrong stats. At least I live in Lagos. I love Lagos but I have to say the truth, in Lagos where I live 95% are skipping at least one meal. If this is obtained in Lagos, what do you expect of other states in the SW? Do the Maths pls.

SW remains the richest region in Nigeria.
This is why Ibadan city has more infrastructures and more developed than the entire SE Igboland.
There is a reason why Igbos are fleeing SE to come and hawk gala and okpa in Ekiti,Ondo,Ogbomoso etc traffic.
Controlling building materials market and the fuel chain market in Nigeria with four dollar billionaires no be beans.

Tinubu-Fashola-Ambode-Sanwo Olu legacy.
Kudos to these great leaders.

MakindeHassan:


Contrary to popular opinion the presidency should go to the north in 2027 for all fairness but people will roast me for this.

Obj did 8 years
Goodluck did 6 years
BAT 4 years

Thats 18 years total as opposed to the north with 2 years Yar’adua and 8 years Buhari making 10 years.

If the presidency goes to the north for two it will bring north and south to 18 years each and balances out.

Oya you people can start the insults

They will want to roast you because all sane Nigerians know that Nigeria didn't start in 1999 and the North(core North) had clung to power since 1960.
They have always plunged Nigeria into dilapidation every time.

Oreoluwa1996:


Next time, learn to read into the details and find the root cause of a problem.

If Obasanjo and Atiku Atiku were not on a looting spree, there wouldn't have been a need to take loans.

lol

Oreoluwa1996:


Oh, I’ve asked—and unlike your echo chamber, I got answers rooted in sense, not bitterness.

First off, let’s stop acting like Obasanjo is some flawless oracle of governance.

This is the same man who fired anyone who didn’t lick his ego smooth.


Mrs. Ngozi Okonjo-Iweala wasn’t sacked for incompetence—she was let go because she had a spine and refused to be Obasanjo’s puppet.

She wanted transparent financial reforms, while OBJ wanted control without question.

It’s classic dictator energy disguised as “discipline.”

As for the 2014 borrowing to pay salaries—you clearly skipped economics class.

By 2014, global oil prices had nosedived.

Even Saudi Arabia dipped into reserves.

Nigeria, under GEJ, was already walking a tightrope due to unsustainable spending patterns inherited from—you guessed it—Obasanjo’s vainglorious empire-building and untouchable recurrent budget.

So the borrowing?
It wasn’t Okonjo-Iweala's doing.

It was damage control.!

She wasn’t borrowing to buy private jets for ministers or build a multi-billion dollar mansion in Otta.

She was holding the country’s economy together with chewing gum and spreadsheets—because Obasanjo and his clones ate the national reserves with both hands.

Meanwhile, Tinubu, the man you all love to insult, inherited an economy in far worse shape—zero savings, ballooning debt, subsidy madness—and instead of whining or playing the blame game for eight years, he’s rolling up his sleeves, getting to work.

You don’t like Tinubu?
That’s fine.!
...but if you’re holding Obasanjo up as a model of wisdom, then sorry—you’re not defending integrity.
You’re glorifying selective amnesia.

Mrs. Okonjo-Iweala didn’t fail.
She just refused to play godfather games—and for that, she got pushed aside by a man whose definition of loyalty is subservience.
Tinubu may be tough, but at least he respects capacity.
That's why people like her still get applause from him and not petty side-eyes.

So, ask again.
But this time, ask with facts—not recycled propaganda. #Shalom

Date Published: 09/08/11

Why Okonjo-Iweala was sacked by Obasanjo


Ngozi Okonjo Iweala

Olusegun Obasanjo
Fresh facts have emerged as to why current finance minister, Dr Ngozi Okonjo Iweala was fired by former President Olusegun Obasanjo.

Okonjo-Iweala who was top shot at the World Bank but returned to assume duties as substantive finance minister under President Goodluck Jonathan, was curiously removed by Obasanjo as finance minister and redeployed to the foreign Affairs ministry for undisclosed reasons.

She is currently tagged the " supervisory " minister by President Goodluck Jonathan, a title that has put permanent frowns on the faces of her colleagues who feel the elevation was unnecessary.

Okonjo-Iweala negotiated a landmark deal in which the Paris Club of rich sovereign creditors wrote off USD 18 billion of debt Africa's largest debt cancellation. Nigeria then usedwindfall earnings from oil exports to pay off another USD 12 billion in debts and arrears.

However the figure of $34 billion in foreign put forward in 2006 by her office and that of the former Governor of Central Bank, Charles Soludo was disputed by Senator Farouk Bello Munza who maintained that the figure was about $9 billion.

Shortly after she was removed as minister, Obasanjo relieved her as chairman of his economic think tank.

ment

But in a chat with Pointblanknews.com in Abuja, former presidential candidate for the Peoples Mandate Party (PMP), Dr Batos Nwadike insisted Obasanjo fired Okonjo- Iweala because of the debt buy back deal. He said further that even though the deal appeared legitimate, there were some moral questions that cast doubt on the intentions of the former minister .

According him, even though Obasanjo saw her as the one with the magic wand, the former President was upset when he discovered went happened in the back room.

Nwadike maintained that Obasanjo discovered that the firm that brokered the $12 Billion debt buy back deal had links with Okonjo Iweala . He alleged that ex minister's sibling was a a top official of the firm, which got about $2 Billion as commission from the deal.


He said " Why was she removed. Of course there was a commission in that deal. There was a company that facilitated the deal, and of course people know the owners of the company. This woman had collected her salaries in dollars. About $2billion was paid as commission to the company that facilitated that debt buy back. The company is owned by her siblings..it's not a secret no more.If you check the records of the Paris Club and World Bank you will find the owners."

Nwadike who took shots at the proposed six year single tenure continued " Some can say it was legitimate, but I don't think so. I think it smacks of corruption. One of the magic wand she came with was to pay back the debt arguing that we were paying so much in interest , therefore okay to just pay back. President Obasanjo bought into it, and decided tom pay back. Was not strategic to pay all back.Her siblings are part owners of the the company that brokered the deal. Of course something must have accrued to her."

The former presidential candidate who also condemned the sacking of the former President of the Court of Appeal, Justice Ayo Salamai, said " Obasanjo got angry because the way he celebrated her was amazing because he believed she had the magic wand. Why was she reassigned. Obasanjo got pissed off when he smelt corruption, no need changing his winning team. She was winning by paying back. It was celebrated. So why the sudden change of mind. he will tell us someday, and I will vindicated . When She was removed as chairman of the economic team , she left. Knew the game was up. She benefited from the deal, and Obasanjo found out...they got 10 per cent. "


http://www.pointblanknews.com/News/os5512.html

NobleRhyme2all:


Do u have facts or is this another fact less effort at tackling an assumed opposition?

If u hv facts then let's see it

If she wasn't good then what's she doing at the WTO.

A world class organization where the best brains are ...

Oya present your facts .......
No jibbering pls

Nigerian govt borrowing billions to pay salaries – Okonjo-Iweala
By Times May 6, 2015 Reading Time: 2 mins read
In the face of dwindling oil revenues, Minister of Finance, Ngozi Okonjo-Iweala, said the Federal Government has borrowed about N473billion to pay salaries and fund the 2015 budget.

The Minister, who was speaking in Abuja on the details of the N4.493trillion appropriation already ed by the National Assembly, said the federal government had to raise its borrowing level from N570 billion to N882 billion to enable it meet its financial obligations to workers and contractors.


https://www.timesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html

That is the way to go.
Cheating is when you don't want me to grow and develop like you.
I am sure Iran already has nuclear capabilities.

Have you asked why Obasanjo sacked Mrs Okonjo Iweala and why she was borrowing money to pay workers in 2014 even with the humongous revenue Nigeria made from oil during that period?

ShalliFvckMe:
Ever since Davido started hanging out with igbo boys. Igbo boys come dey mine skull.Becarful of who you make friends with

Davido keh.
Davido has bot been birthed when Igbos pioneered skull mining with Otokoto and Okija skull shrine in the 70s or 80s.

Fake expert,where is your taperule?

flokii:


Yorubas need to wake up and fast..
Lagos used to be serene up till the mid 90s' till everything changed.. it started with Balogun market, then Computer Village, Trade Fair and now all across the State.

Is Nigeria at war?.. why the unchecked influx of people into Yorubalands?

Is South West the only habitable region in Nigeria?.

Those in Ogun, Oyo, Osun, Ondo etc. must wake up and avoid the mistake made in Lagos.

lol
Ogun keh.It is almost like Lagos especially Akute and environs.
Well,we have to thank God.
Visitors are welcome because they are good for growth and development if they are not fraudsters and evil minded.
Yorubaland has the highest number of migrants in Nigeria.The leadership should just give directives and laws that will guide people so the region doesn't become an eyesore.

QuinQ:
But Naira got devalued at that point na.
How about all the investors that lost money and companies that folded and left Nigeria or went out of biz?
Besides, these numbers are fudged. See below

lol
So you believe faceless wailers against credible data from credible companies, ehn?