Sample Example of How People Forget Favor and Benefactor

 


Video 1👆👆👆: 

When former Vice president Yemi Osinbajo was "testifying" in church, he didn't mention the name of the man God used to nominate him rather he said "Hand of God"

Video 2👇👇👇: 

Asiwaju Bola Ahmed Tinubu, when he was campaigning in Ogun State he mentioned 3 names he was told to nominate and Yemi Osinbajo was among them which shows Bola Ahmed Tinubu GCFR PBAT NOMINATED Yemi Osinbajo as VP!

This same beneficiary of favor wouldn't spare to contest against his benefactor who had blessed his life for over 3 decades of consistent position of power and influence.

But God's proved true to his claim that he would always protect those who do his will and stand by the truth.

Now How do we fairly and justly put these two claims side by side without exposing man's hypocrisy and ingratitude to his fellw man?

O'yee human, check yourself.

https://x.com/Onsogbu/status/1874055421649949091

Another Scatter-Scatter in the House of Commotion

The end-result of their closed-door meeting is now in the public domain for your consumption.

“I was terrified about the information I got that the PDP are meeting clerics and other leaders and in their last meeting, which involved about 45 clerics, that we reached an agreement that Atiku (Abubakar) will serve one term, and myself will also serve one term and Peter Obi will serve two terms. 

This is a lie, I never took part in any agreement.

“I was deeply angered about the information. 

Elderly people aged 70 to 80 years will sit and lie, telling clerics and other leaders something that never happened…..”

https://x.com/DeeOneAyekooto/status/1873793902873821274

Nigerian Book Author of Defamation Crying for His Commitments and this is Just the Beginning

"And you are crying on Television."

And I told Dele, 

"This is not issue of crying. Rather it is issue of providing concrete evidence to back the various assertion in your book.

Failure to back up your claims with sufficient evidences means, this is just the beginning, your would cry more. 

And then, all your Obidients members would be watching you helplessly"

*Attention Nigerian Judiciary*

The Obidients movement has accused you of injustice and corruption in your judgments, allowing many criminals to go unpunished. 

It's time to prove your integrity in Dele's case and restore your tarnished image. Nigeria demands justice. God bless Nigeria!

Nigeria is waiting for Justice.

*Below is Compilation of Those who Cried & Still Crying for not accepting the result of 2023 election*




God bless Nigeria!

https://x.com/dmightyangel/status/1873790801043714108

One of the Reasons Why PDP Should Never be Given a Chance to Rule Nigeria Again

PDP ran Nigeria for 16 years, spent all the money but was unable to revive Nigerian Refineries.

PDP government eventually concluded through their leaders that nobody can revive Nigerian Refineries.

APC running Nigeria for nine years, two govt refineries already back to life, plus one private refinery.

May the PDP never happen to Nigeria again - Never, Ever Again!

God bless Nigeria!

Warri Refineries Now Ready for Production

*PBAT's Remarks*

"The restart of Warri Refinery today brings joy and gladness to me and Nigerians. 

This will further strengthen the hope and confidence of Nigerians for a greater and better future that we promised. 

This development is a remarkable way to end the year following the feat recorded earlier with the old Port Harcourt Refinery.

I am equally happy that NNPC Limited is implementing my directive to restore all four refineries to good working condition. 

I congratulate Mele Kyari and his team at NNPCL for working hard to restore our national pride and make Nigeria a hub for crude oil refining in Africa

With the Warri Refinery now operating at 60% capacity, my administration’s comprehensive plan to ensure energy efficiency and security is entirely on course.

I urge NNPCL to accelerate repair work on Kaduna Refinery and the second refinery in Port Harcourt to consolidate Nigeria’s position as a global energy provider"

*Political Analysis*

PDP ran Nigeria for 16 years, spent all the money but was unable to revive Nigerian Refineries.

PDP government eventually concluded through their leaders that nobody can revive Nigerian Refineries.

APC running Nigeria for nine years, two govt refineries already back to life.

With 3 Refineries inplace for Nigeria, there's room for competition and more supplies. 

*Economic Analysis Vs Price Control*

The more the supply, the lower the price. This is how prices would find their natural equilibrium - no government can successfully control prices of items, only the demand and supply can do that and sustain it in the long run.

God bless Nigeria!

Ref:

https://x.com/officialABAT/status/1873733422201327901

2027 Election - Northern Nigeria Against PBAT's Regime

North West, North Central, North East - what is Northern Nigeria without Middlebelt? 

Minus NC, Northern Nigeria is demystified.

2027 would shock many, choke some, raise BPs and perhaps send some to coma.

Anyway, the game is on

Any agenda that will make a Northerner rule in 2027 shall be vehemently opposed to the ground zero where it belongs. 

Let it be very clear to you that if the major opposition parties field a Northern candidate, many Southerners might vote for PBAT.

The North need the south west to win elections. Tinubu till 2031

And if he doesnt win, is that the end of life? 

Please people should stop these threats of not winning elections.  

The greater concern is that: he must use these 4 years to reform Nigeria. 

In all honesty, I just want Tinubu to push through all his reforms before 2027 and damn the consequences. 

He will go down in history as the best thing to ever happen to Nigeria. I couldn't care less about 2027.

Nobody is gonna do anything in the SE. it’s a waste of time. 

As for the north it’s gonna be yam pepper scatter scatter.

Everyone will grab something while SS & SW is on lock for him. Ire o

You guys should not worry yourself now change is inevitable. 

No one believe subsidy will be gone but now its history. 

Wait till then, you will know that technology has made things transparent. Their yansh go open. 

Have you seen NIN data per state ? This time no underage.

*Who is PBAT the Jagaban?*

This guy forgot that Tinubu dealt with a lot of calculative odds during the 2023 general election, 

it would have taken a genius to do that, people like PBAT are specially made individuals, 

apart from being intelligent, luck would find it way to favor them. 

This man stayed off active politics for 17 years and then made a big comeback against the heavy tides and plans to submerge his political career.

Perhaps no cause to worry. The divine grace that brought PBAT to power is still alive till-date.

You don't know the man answering Tinubu. People are thinking of 2027, Tinubu is already thinking of his successor.

But whatever the plan PBAT or his adversaries, God's divine WILL prevail eventually - in the divine realm, 2027 is already a done deal.

Therefore let's all relax and and flow as divine agenda unfolds in all its glories. Because no matter the matter is well.

God bless Nigeria!

https://x.com/Onsogbu/status/1873692014275100972

Niger Republic in Soup - Military Juntas Had Failed & Grasping for Whom to Blame

The despicable lies and falsehood in the propaganda interview granted by the military leader of Niger Republic is calculated at setting the Northern Nigeria against the government of Nigeria.

Take a listen

The Niger military ruler played A reverse psychology on a region of people-already driven by sentiment, understanding the influence of gullible mobs and ethnically driven roles in politics.

Nigeria has moved beyond such rhetoric—we are now focused on building a nation.

I’m glad that Nigerian government has urged the public to disregard these false allegations and called on those making such claims to provide credible evidence.

https://x.com/BwalaDaniel/status/1872626022212079696

PBAT's Unprecedented Investment in Pharmaceuticals

Over 𝟕𝟎 𝐧𝐞𝐰 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 are engaging in active discussions with international financiers 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐞𝐱𝐞𝐜𝐮𝐭𝐢𝐨𝐧 𝐨𝐟 𝟐𝟐 𝐥𝐚𝐫𝐠𝐞-𝐬𝐜𝐚𝐥𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 in Nigeria - @muhammadpate

May PBAT succeed beyond our fondest dreams for the betterment of Nigeria.

https://x.com/PBATMediaCentre/status/1872602489968566722

Giveaway in Canada - A Lesson for Nigerians

 


Giveaways was announced in a city in Canada to cater to 1000 households for Christmas.

 But over 15,000 individuals showed up and waited for hours in the rain. Unfortunately, at the end of the day, only 2000 got food - the rest got nothing.

*People's Comments*

Go to food banks this time in any city in abroad (UK, US  Canada) you will see a long queue of people,  they can wait hours with smiling on their faces,  that's the culture.  Nigerians need to learn how to be organized.

Good Nigerian can see the issue of poverty is everywhere. And good organisation and orderliness must be uphold and seriously practice when you expecting crowd

It can NEVER happened in Nigeria, instead they will bring the place down and caused pandemonium.

They will NEVER be orderly in Nigeria except to blame Government for every of their misfortune.

Even some Nigerians queuing for hours to collect free foods in Canada and some European cities are on SM abusing and insulting the FG of Nigeria, gaslighting and promoting hatred against the government. 

The situation is worse than I imagined, I thought I was going to see mostly blacks and Asians not this amount of whites. Canada is really broken.

When we tell them there’s hardship everywhere in the world, they would rain abusive words and argued blindly.

Nigeria shall succeed beyond our comprehension 🤲🏻

Nigeria they say is the poverty capital.. awon suegbe!

There are poor and hungry people everywhere.

Nigeria is not unique in this regard.

https://x.com/DeeOneAyekooto/status/1872650092324528439

NELFUND Students' Loan - Exclusive Interview with CEO


*Watch to learn new things about NELFUND Students' Loan - Exclusive Interview with CEO*

Toilet Training for the Adults



Watch the video above 👆 and read the people's comments below 👇

*People's Comments*

C1: Whoa seriously? I always press the two buttons oo

C2: You for talk this one sinceeeee!!!   I just press the two

C3: Na as the spirit leads me dey press oo..

C4: The very first time I saw this type of WC, I just knew what both stands for.

C5: Me nah anyone I go press I never press the 2 before but anyone way my hand touch

*Conclusion*

This WC is a product designed for UK market where water rate is justifiable payed for. 

Small nod is for pee, while the big nod is for poo. 

Nigerians is not known for water bill, so no need to manage water.

Abi no be so?

PBAT: A General Without Military Background

General Obasanjo, a 5-star general, attempted to remove fuel subsidies four times but failed due to massive resistance from Nigerians. 

During his 8-year tenure, he spent over $16 billion on fuel subsidies, despite increasing petrol prices from N11 to N85 (an 800% increase).

Similarly, General Buhari, another former military 5-star general, was unable to remove the subsidy despite setting deadlines. 

He spent over $26 billion on fuel subsidies in 8 years. In total, both generals spent $42 billion on fuel subsidies over 16 years.

This amount could have been used to fix Ajaokuta steel, the four refineries, and generate over 30,000 MW of electricity.

However, BAT, a general in leadership, vowed to remove fuel subsidies when elected as president. 

True to his words, the subsidy is gone. Despite resistance from various groups, Gen. BAT has succeeded where other generals failed.

After 18 months in power, Nigeria has saved over $10 billion. 

The country no longer borrows to pay for subsidies, which has stopped smugglers from thriving on subsidized fuel. 

The revenue generated is now spread across various sectors, including:

- Increasing federal allocation across all tiers of government

- Developing defense, education, agriculture, infrastructure, increase minimum wage etc

In the next 16 years, Nigeria is expected to save over $200 billion, which can be used to generate constant electricity, build world-class roads and rails, and establish top-notch hospitals.

Every great nation has made sacrifices for the benefit of future generations. 

In 16 years, Nigerian children will be proud of the sacrifices made by their forefathers who stood firm with BAT.

God bless Nigeria

5 Harsh Truths You Need to Accept to Live a Happy Life | STOICISM PHILOSOPHY

 


https://youtu.be/A3o60SHiVEM?si=ymEBz3QARbIk-7pg

Life has a way of dressing up its most profound lessons in the harshest disguises. 

The truths that hurt the most are often the ones that heal us, liberate us, and ultimately lead us to happiness. 

But let's be honest, most people would rather sugarcoat their reality than face it head-on. 

And who could blame them? It's easier to float through life believing in comforting half-truths than to stare the raw, unfiltered version of existence straight in the eye. 

Yet here you are, ready to take that bold step. 

Or are you? 

Ask yourself: Are you truly happy? 

Or is there a quiet dissatisfaction, a nagging sense that life isn't what you thought it would be? 

We go through the motions, burying our discontent under layers of distraction, but deep down, we know something's off. 

The problem isn't the world or the people around you; it's the way you've been conditioned to think. 

Happiness doesn't come from avoiding hard truths; it comes from embracing them. 

So let's strip away the illusions, no fluff, no frills, just the raw truths that will set you free if you're brave enough to accept them.

These aren't truths that go down easy; they demand something of you. 

But if you lean into them, you'll find that they're the foundation of a life well-lived.

*1. You Are Not That Important*

Take a deep breath and let this sink in:

The universe does not revolve around you.

For some, this is a liberating realization; for others, it's a gut punch. 

Society feeds us a steady diet of self-importance, telling us we're special, unique, and destined for greatness. 

But the truth is, most of us are simply ordinary, and that's okay. 

Your coworker isn't obsessing over the typo in your email. 

Your neighbor doesn't notice how you fumble with your trash bags every Monday morning. 

People are far too consumed with their own lives to scrutinize yours. 

Now, before your ego demands a refund for this dose of reality, let me explain: It's not that your life lacks value or that your actions don't matter. 

It's just that people aren't thinking about you nearly as much as you think they are.

Everyone is wrapped up in their own dramas, insecurities, and inner monologues. 

The coworker you were sure hated your presentation? They're too busy worrying about their own performance. 

The stranger you tripped in front of last week? They forgot about you the moment they walked away. 

The weight of believing you're the center of everyone's attention is exhausting, isn't it? 

Imagine freeing yourself from that burden when you realize how little people think about you. It's not a dismissal of your worth, but an invitation to live authentically. 

You're free to fail, to take risks, and to be unapologetically yourself because the world isn't judging you nearly as harshly as you think. 

And the best part? When you stop trying to be important to everyone, you make room for the relationships and pursuits that truly matter. 

Ironically, this is how you create a life that's genuinely meaningful – not by demanding importance, but by living purposefully.

*2. Life Isn't Always Fair*

If life were fair, 

the kindest people would never get hurt,

hard work would always be rewarded, and

the good guy would win every time. 

But life has no interest in playing by your rules. 

It operates on its own terms, terms indifferent to your plans, expectations, or sense of justice. 

Fairness is a concept we cling to as children. We are taught that good behavior earns rewards and bad behavior brings consequences. 

But then we grow up and discover that life doesn't operate by playground rules. 

The hardworking employee doesn't always get the promotion. 

The kindest person in the room isn't immune to heartbreak. 

The most deserving dreams sometimes go unfulfilled. 

Remember that time you poured your heart into something, only to watch someone else, less qualified, less deserving, reap the rewards? 

It stings. It's a tough pill to swallow, but fairness is not life's currency; adaptability is. 

The sooner you let go of the idea that life owes you fairness, the sooner you can focus on what you can control. 

So, what do you do when life deals you an unfair hand? You adapt. You pivot. You keep moving forward, not because it's easy, but because wallowing in resentment changes nothing. 

Picture a chessboard. Sometimes the pieces are stacked against you, and the odds feel insurmountable. 

But the best players don't waste time complaining; they strategize. They look for the next move, no matter how small, and they take it. 

Picture this: A storm hits, uprooting everything in its path. Do you stand there yelling at the sky, or do you start picking up the pieces? 

Complaining about life's unfairness is like shaking your fist at the clouds; it changes nothing. Instead, shift your focus. Use the setbacks as fuel for growth. 

Resilience isn't about denying life's unfairness; it's about refusing to let it define you. 

When you stop expecting life to be fair:

you free yourself to focus on what you can control. 

You learn to find joy in the process, not just the outcome. And in doing so, you discover a strength you never knew you had. 

Treat the unfair moments as tests of your resilience, and you'll find that while life may not always be fair, it can still be beautiful.

*3. Accepting That Not Everyone Will Like You*

This one stings a little, doesn't it? 

You try so hard to be kind, to fit in, to be likable. 

Yet, no matter what you do, some people just won't click with you, and that's perfectly fine. 

Compatibility isn't universal; it's selective, nuanced, and sometimes downright inexplicable. 

Let's be real: How many people do you like unconditionally? Probably not as many as you'd think. 

Compatibility is a rare and selective thing. It's not about you being enough or too much; it's about the intersection of personalities, values, and experiences. 

The truth is, trying to win everyone over is a losing battle. 

You'll dilute yourself into a version of you that isn't even authentic, and for what? To earn the approval of people who might not even matter in the grand scheme of your life? 

Instead of bending yourself into a pretzel to fit someone else's mold, you can focus on the people who truly value you for who you are. 

Relationships built on authenticity are worth more than a thousand superficial acquaintances. 

So, stop wasting your time on those who don't see your worth. 

Smile at the absurdity of trying to win over the haters and move on. 

Your people are out there, waiting to embrace the real you.

*4. Change Is Inevitable*

Change doesn't knock politely at your door; it crashes through uninvited, turning your life upside down. 

And yet, most of us resist it with every fiber of our being. 

We cling to the familiar, terrified of the unknown, as if stability were the ultimate goal. But here's the paradox: Life's only constant is change. 

The seasons shift, people grow, circumstances evolve. 

Here's the thing: Resisting change doesn't stop it; it only makes the process more painful. 

Imagine trying to hold back a tidal wave with your bare hands – exhausting, isn't it?

Now, imagine riding the wave instead, letting it carry you to new shores. 

Embrace change, and you'll find it to be one of life's greatest teachers. 

Change forces you to grow in ways you never would have chosen for yourself. 

It pushes you out of your comfort zone, forcing you to adapt, grow, and discover strengths you didn't know you had.

Imagine the butterfly struggling to emerge from its cocoon. Without the struggle, it can't fly. 

Change works the same way. Yes, it's uncomfortable. Yes, it's scary. But it's also transformative. So, lean into it. Let it shape you into the person you're meant to become. 

You're not meant to stay the same; you're meant to evolve, to stretch beyond your limits, and to discover the version of yourself that's waiting on the other side of change.

*5. Happiness Is a Choice*

Let's clear up a common misconception: Happiness isn't something that happens to you. It's not a lottery ticket, a gift, or a stroke of luck. 

It's a decision you make every single day, regardless of your circumstances. 

This doesn't mean ignoring your struggles or pretending everything is fine. 

It means choosing to find joy even in the midst of difficulty. 

It means focusing on what you have rather than what you lack. 

It means seeing life's imperfections not as obstacles, but as opportunities for growth.

Imagine two people standing in the rain.

One curses the sky, angry at the inconvenience. 

The other lifts their face to the clouds, marveling at the beauty of the storm.

Same rain, different perspective. Happiness is like that. It's not about what happens to you; it's about how you choose to see it. 

This choice isn't always easy. It takes practice, discipline, and a willingness to look for the silver lining even when it's hard to find. 

But the more you choose happiness, the more it becomes a habit, and over time, it shapes the way you experience the world. Choosing happiness

Write up curled from:

https://youtu.be/A3o60SHiVEM?si=ymEBz3QARbIk-7pg

NNPC Monitoring and Tracking System

How NNPC Ltd's PMCC is Transforming Hydrocarbon Operations and Boosting Production

1. Centralized Monitoring and Real-Time Tracking: The NNPC Ltd Production Monitoring Command Centre (PMCC) consolidates data from all operators2. Enhanced Decision-Making: By leveraging advanced analytics and integrating data, the PMCC equips stakeholders with actionable insights, enabling proactive planning, risk management, and improved operational efficiency.

3. Effective Maintenance Planning: The PMCC supports predictive and preventive maintenance, ensuring asset reliability and reducing downtime through coordinated tracking of maintenance activities.

4. Collaboration and Communication: The PMCC fosters seamless collaboration among stakeholders by providing a secure platform for data sharing and communication, enhancing problem-solving and operational efficiency.

5. Increased Revenue and Efficiency: By minimizing downtime and improving integrated planning, the PMCC contributes to increased production and revenue, benefiting all stakeholders in the oil and gas value chain.

Amazing! This is dashboarding and data visualization at its finest , makes it easy to monitor and maintain NNPC assets nationwide. 

Kudos to the leadership of the NNPC Upstream Investment Management Services and the group CEO Mr. Mele kyari.

#TrackingTheBarrels

#EnergyforToday

#EnergyforTomorrow

https://x.com/nnpclimited/status/1871790847261618394

Tinubu Presidential Media Chat 2024: Naira strengthened and the stock market improves


Naira strengthened and the stock market improves following a media chat by the President

The positive remarks from the President boosted investor confidence, leading to significant gains in the stock market and an appreciation of the Naira against the dollar.

Link below for more information:

https://thenationonlineng.net/naira-firms-up-stock-market-surges-after-presidents-media-chat/

Tinubu Media Chat 2024


 - Tax reform is here to stay ✅

- Middlemen’s time will soon be up

- 2000 tractors on the way


These are some of the major highlights from President Tinubu’s first ever media chat.

#PBATMediaChat

Important lecture on cooking gas cylinders

Charles law,the volume of a gas increase as the temperature increase,so you have to leave space in case of temp increase.

Scientifically, LPG is in liquid form while in the cylinder, but changes phase to gas upon exit. 

Also,  12.5kg is a measure of weight not volume. Same weight can fit into less or more space depending on  the density of the gas

Some will still not listen, some others people  will still blame Tinubu for that.

This lecture was done in LAPO MFB office Maryland December 2024.

https://x.com/abdullahayofel/status/1870096118765232163*

True Leaders in Perspective

"People hide behind religion all the time in Nigeria, when they are caught in wrong doing. Don't use religion on me it won't work" - Mallam Nasir El-Rufai

That's El-Rufai that I know - courageous and straight forward.

Nigeria is fortunate to have courageous leaders like PBAT, Wike, Dave Umahi, El-Rufai, Nuhu Ribadu, Fashola and many others who prioritize the country's welfare. 

These leaders have demonstrated a genuine commitment to Nigeria's betterment, rather than playing politics with crucial issues like fuel subsidies, currency management, illegal structures in Abuja, road and Infrastructures contractors laxities etc.

Imagine if selfish politicians had been elected instead. 

They would likely prioritize their own interests and re-election bids over the country's needs. 

Thankfully, we have leaders who are willing to make tough decisions for the country's progress.

Let's continue to support courageous leaders who put Nigeria first. 

We must remain vigilant and elect leaders who prioritize the nation's interest over personal gain. 

The recent attitudes of some politicians towards tax reform have exposed their true intentions. 

As Nigerians, we must remember that our choices have consequences, and we must choose leaders who will work tirelessly for our country's prosperity.

May God guide and protect Nigeria, and grant us the wisdom to select leaders who will always put the nation's interest above their own.

God bless Nigeria!

https://x.com/IU_Wakilii/status/1870125104107033054

Rehabilitation of Port Harcourt Refinery - A Groundbreaking Achievement

 

Despite past regimes spending billions of dollars, the rehabilitation of the Port Harcourt Refinery remained an elusive goal. 

Former President Obasanjo had even declared it an impossible task. However, the current administration has proven skeptics wrong.

Naysayers and Critics

Unfortunately, some individuals and groups, driven by their own agendas, have continued to doubt the project's success. 

The Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and Pengassan, which confirmed the refinery's operation, have faced abuse and insults from certain quarters.

Achievement Commended by Ex-GMDs

In December 2024, a group of former Group Managing Directors (GMDs) of the Nigerian National Petroleum Company Limited (NNPC Ltd) visited and inspected the Port Harcourt refinery. 

They commended the current management team, led by Mele Kyari, for their efforts. 

The former GMDs, including Chamberlain Oyibo, Funsho Kupolokun, and Andrew Yakubu, praised the project's success.

Clarifying the Magnitude of the Project

Jackson Gaius-Obaseki, who served as GMD from 1999 to 2003, explained that many critics fail to understand the project's scope. 

He emphasized that the rehabilitation was not a routine maintenance exercise but a comprehensive overhaul that transformed a 1965 facility into a state-of-the-art plant by 2024

Conclusion

The rehabilitation of the Port Harcourt Refinery is a remarkable achievement that showcases the power of visionary leadership and determination. 

By overcoming the challenges that had hindered previous attempts, both the FPMB and the current administration has set a new standard for project execution and delivery in Nigeria. 

This achievement is a beacon of hope for the country's economic growth and development.

God bless Nigeria!

Ref:

https://businessday.ng/energy/oilandgas/article/ex-gmds-commend-port-harcourt-refinery-overhaul-amidst-criticism/

Speaker Abbas Address at National Assembly on 2025 Budget



Over the past eighteen months, your administration has taken bold and decisive steps to reform our economy. The removal of fuel subsidies, unification of foreign exchange rates, and introduction of innovative economic policies have laid a solid foundation for sustainable growth and development.

While these reforms have demanded short-term sacrifices, they are acts of courage and patriotism.

History teaches us that transformative progress often begins with difficult decisions.

Examples from China’s market reforms, India’s liberalisation, and South Korea’s industrialization affirm the enduring benefits of such bold action.

These lessons inspire confidence that Nigeria’s ongoing reforms will foster economic growth, reduce poverty, and ensure long-term prosperity. Mr. President, your administration’s reforms have disrupted the status quo, sparking resistance from vested interests.

Yet, these courageous measures underscore your resolve to prioritise the welfare of Nigerians.

The National Assembly stands ready to support these reforms through legislative backing and to facilitate public engagement for greater understanding and acceptance.

Collaboration between all arms of government remains essential to achieving our shared objectives. Your Excellency, 2024 has been a year of mixed economic fortunes.

The National Bureau of Statistics reported GDP growth of 3.46% in the third quarter, up from 3.19% in the second, largely driven by the services sector.

Despite challenges posed by climate change and insecurity, agriculture remained a critical contributor, accounting for 17.22% of nominal GDP in the first quarter and 22.61% in the second quarter.

However, inflation, rising to 33.88% in October, alongside escalating food and energy costs, continues to strain households across the country.

Nonetheless, the International Monetary Fund’s projection of 3.2% growth for 2025 underscores a positive trajectory if reforms are sustained and structural issues addressed. Mr. President, your international engagements have further reinforced Nigeria’s global standing. The agreements from your September 2024 visit to China are set to transform rail transport, enhance digital literacy, boost agriculture, and strengthen national security while elevating Nigeria-China relations to a comprehensive strategic partnership.

Engagements in France similarly secured €300 million for critical sectors, while Brazil’s $4.2 billion grant to strengthen agriculture underscores your focus on sustainable growth. Notably, one of your administration’s remarkable achievements is advancing local government autonomy, ensuring that resources reach grassroots communities and empowering them to address their specific needs.

This commitment to transparency and accountability will have a lasting impact, particularly on our rural communities. Your Excellency, the proposed 2025 budget of N49.7 trillion—a 35% increase over 2024—is really ambitious and commendable. The projections of 4.6% GDP growth, a crude oil price of $75 per barrel, an exchange rate of N1,400 to the dollar, and oil production of 2.06 million barrels per day are bold but achievable. However, Nigeria’s fiscal realities warrant critical reflection.

Despite being Africa’s most populous nation with over 220 million people, our 2024 national budget of $36.7 billion remains modest compared to countries like:
  • South Africa, with a budget of $160 billion for its 60 million citizens;
  • Egypt, with $110 billion for 110 million people;
  • Algeria, with $60 billion for 45 million people; and
  • Morocco, allocating $50 billion for its 37 million residents.
Indeed, Nigeria’s low tax revenue also remains a major constraint.
Our tax-to-GDP ratio, currently at approximately 10.9% for 2024, is among the lowest in Africa, significantly below the continental average of 15.6%.
In comparison, South Africa’s tax-to-GDP ratio stands at 25.4%, while Rwanda and Ghana, with much smaller populations, report ratios of 15.1% and 14.1%, respectively

Even our VAT collection efficiency – at approximately 20% - is notably below the near 70% efficiency achieved by South Africa, Equatorial Guinea, and Zambia.

Addressing these challenges requires urgent and comprehensive tax reforms to:
  • broaden our tax base,
  • improve compliance,
  • streamline administration and
  • reduce reliance on borrowing.
The National Assembly will continue to work with your administration to ensure that such reforms are equitable, effective, and considerate of the needs of vulnerable populations.

To this end, we have engaged stakeholders to address concerns raised on the tax reform bills, fostering trust and cooperation.

I have personally led numerous high-level meetings and consultations with state governors and other key stakeholders on this issue, achieving positive outcomes.

Your Excellency, distinguished colleagues, ladies and gentlemen, as we approach 2025, we must embrace the realities before us with determination.

Stabilising prices, boosting agricultural productivity, expanding infrastructure, and investing in education, healthcare, and security remain paramount priorities.

To strengthen national unity and build trust, it is essential for the government to communicate its achievements effectively to the Nigerian people.

Mr. President, let me assure you that the National Assembly is fully committed to supporting the successful implementation of the 2025 budget.

This is not merely your budget; it is a national project requiring collaboration across all arms of government.

We will work to ensure its timely passage, provide legislative support for critical reforms, and conduct robust oversight to guarantee transparency and efficiency in its execution.

Mr. President, fellow colleagues, let us take a moment to recognise and honour the profound sacrifices made by each and every Nigerian over the past year.

The removal of fuel subsidies, rising inflation, and adjustments to economic policies have created challenges.

Yet these sacrifices are necessary for building a stronger, self-reliant, and prosperous nation.
I call on all Nigerians to remain resilient and united in our collective pursuit of a brighter and better Nigeria.

In conclusion, Mr. President, thank you for your visionary leadership and unwavering commitment to Nigeria’s progress.

The 2025 budget represents a crucial step towards economic recovery and sustainable development.

I am confident your reforms will soon deliver tangible benefits for all Nigerians.

Thank you, and may God bless the Federal Republic of Nigeria.

Ref:
https://x.com/Speaker_Abbas/status/1869464748531785743

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