Tinubu Archives

SNOW TV NEWS DESKHow can a country remove fuel subsidy, increase government revenue and still face an unprecedented rise in public debt?For decades, Nigerians have endured successive governments, economic hardship, poor infrastructure and repeated promises of a better future. But the country's growing debt profile is raising fresh questions about leadership, accountability and the future of the Nigerian economy.A widely circulated comparison claims that Nigeria accumulated about ₦46 trillion in public debt over several decades, while the administration of President Bola Ahmed Tinubu has seen debt figures rise dramatically within just three years.However, the figures require proper context. The ₦46.25 trillion figure represents Nigeria's total public debt stock at the end of...

Oyo State Governor Seyi Makinde has alleged that President Bola Tinubu is spending Nigeria Liquefied Natural Gas (NLNG) dividends meant for states.Each state is entitled to get over N250 billion from the NLNG payments, Makinde said.This came on Friday at a stakeholders’ meeting held at the International Conference Centre in Ibadan, to discuss the 2027 budget.The governor said the money was paid into the Federation Account and the figures had been reconciled, but that the Federal Government spent it without sharing it with states.According to him, Oyo had already lined up projects to invest its share to grow the state’s economy.Makinde also faulted plans to delay payment until after the 2027 elections, saying the welfare of Nigerians should come before politics. ...

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63 Years, ₦46 Trillion in Debt; Three Years Under Tinubu, About ₦166 Trillion — Yet Fuel Subsidy Is Gone!

Gov. Makinde reveals how Tinubu govt trapped N250bn NLNG dividends meant for states.