Data Consultant at Tessera Analytics
Lagos, Nigeria
Joined April 2012
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Insults won’t change basic arithmetic.
The ratio 'dropped' because devaluing the Naira multiplied our dollar oil revenue on paper, not because debt reduced.
In reality, public debt exploded by over ₦65 trillion in just two years—more than Nigeria accumulated in its first 55 years of independence combined. Independent data shows we spent ₦3.9 trillion MORE on debt interest than on infrastructure over the last two years.
I’ll clap for reforms when we stop borrowing trillions just to pay interest on old loans. Running a country on vibes and currency tricks isn't a strategy.
Obadare retweeted
The Spearhead Reacts To A British Journalist on The Topic Of Foreign Aid To Nigeria
On 16 October 2026, British reporter and TV pundit Lowri Jones appeared on the UK's Channel 5 show Jeremy Vine where she delivered comments to the effect that the UK's £136 million annual aid disbursement to Nigeria is largely lost to "corruption" and that Nigeria in any case is too wealthy to need foreign aid.
In the characteristically insincere and malicious manner of British TV punditry, these comments were not intended as a sincere analysis of a purportedly broken UK foreign aid system or a neutral observation about Nigeria, but as a backhanded dig at an African country that is regularly deployed as a public scapegoat in British political spaces.
At The Spearhead, we wholeheartedly agree with Jones's postulation that the UK should permanently cease all foreign aid disbursement to Nigeria, although not for the puerile, infantile, surface-level reasons that she volunteered. @Big_Mck explains further.
Follow us: @Spearhead_Af
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Life is cruel to poor people.
'We Have a Father That Will Never, Ever Fail 'Us'—Members of City Boy Movement Chant In Support Of Tinubu.
#CTVTweets
Obadare retweeted
Retweet aggressively.
Many people don't know the date for the elections.
APC is banking on this point.
Voter apathy = Successful Rigging.
FACT-CHECK: FG Reports ₦658.9bn in Cash Transfers to 10.46 Million Nigerian Households
The Federal Government reportedly disbursed ₦658.9 billion to 10.46 million poor and vulnerable households by September 2026, according to the World Bank’s October 2026 Nigeria Development Update.
But here is what the headline leaves out:
The average is about ₦63,000 per household cumulatively—not necessarily per month. This is a mathematical average, not proof that every household received the same amount.
Disbursement figures do not prove every beneficiary was paid in full. The headline does not establish how many households received all instalments or whether payments arrived consistently.
The real impact on poverty remains a separate question. We need evidence showing how much the transfers improved food security, household income and living standards.
The World Bank says improvements are still needed. It calls for wider coverage, adequate payments, regular disbursements and sustainable funding from both federal and state governments.
Sustainability matters. Emergency cash transfers cannot replace a properly funded, long-term social protection system.
The bottom line: ₦658.9 billion is a substantial reported disbursement, but the amount spent is not the same as the number of people effectively helped. Nigerians deserve transparent records of actual payments, beneficiary coverage and measurable poverty reduction.
Source: World Bank, Nigeria Development Update, October 2026.
#Nigeria #FactCheck #Poverty #SocialProtection
FG Disburses ₦658.9bn To 10.46 Million Poor Households As World Bank Calls For Improved Cash Transfers
The Federal Government has reportedly paid ₦658.9bn in direct cash transfers to 10.46 million poor and vulnerable households as of September 2026, but the World Bank has called for improvements to ensure the programme provides more effective and sustained relief.
The recommendation was contained in the bank’s latest Nigeria Development Update, titled ‘Beyond the Federal Purse: How Higher Revenues Shaped State Priorities’, which examined economic conditions and measures to cushion Nigerians against financial hardship.
According to the report, the government deployed biometric and digital verification systems to identify eligible beneficiaries and facilitate payments under the cash transfer programme.
While acknowledging the reported disbursement, the World Bank stressed that the programme’s impact would depend on reaching more households, providing sufficient financial assistance and ensuring payments are made consistently.
“Social protection and service delivery can help cushion households against these pressures, though their effectiveness will continue to depend on coverage, adequacy, and continuity,” the report stated.
The bank urged the authorities to accelerate efforts to expand the programme, improve the value of payments and ensure regular disbursements to strengthen its contribution to household welfare.
It also called on the Federal Government and state governments to establish a sustainable funding structure for social protection, warning against continued dependence on emergency interventions.
“Building on this progress, the next step is to move from an emergency response toward a regular, sustainable social protection system, with dedicated budget lines at the federal and state levels, gradually increasing financing from government resources, and a shared overarching vision,” the report added.
According to the World Bank, predictable funding and coordinated action by both levels of government would help ensure vulnerable Nigerians receive consistent assistance rather than relying on temporary relief measures.
NIGERIA: CHRISTIAN vs MUSLIM PRESIDENTS — WHAT DO THE ECONOMIC NUMBERS SAY?
Approx. average annual real GDP-per-capita growth and inflation:
• Obasanjo (Christian): +4.8% growth | 12.4% inflation
• Yar’Adua (Muslim): +4.6% growth | 12.6% inflation
• Jonathan (Christian): +2.2% growth | 9.7% inflation
• Buhari (Muslim): −1.0% growth | 15.0% inflation
• Tinubu (Muslim): +1.3% growth* | 27.0% inflation
Rounded historical estimates; Tinubu’s figures cover 2023–2025.
Sources: World Bank-linked economic data.
The takeaway? Obasanjo recorded strong growth, Jonathan had lower average inflation, Buhari’s years saw weak per-person economic performance, and Tinubu’s reforms have come with severe cost-of-living pressures.
But does this prove Christian leaders are better than Muslim leaders? NO. Oil prices, policy decisions, insecurity, global shocks and leadership quality all matter.
We should judge Nigerian presidents by economic results, not religion. Nigerians need affordable food, a stable currency, jobs and falling poverty—regardless of who leads.
#Nigeria #NigerianEconomy #Leadership
Obadare retweeted
Atheists and Satanists after realising they've been saying "God be with you" every time they part with someone:
Obadare retweeted
Dating Rich Older Men Can Increase Young Women’s Appetite for Material Things, Which Can Cause Them Delay In Getting Married — Pastor Bolaji Idowu Warns
Pastor Dolapo has warned young women that dating older, wealthier married men could raise their financial expectations and contribute to marital delay.
His comments followed a lady’s account of how she left a farmer who helped establish her aesthetics business because she considered him stingy, only to later regret her decision.
The lady said, “I swear I hate stingy men,” explaining that her previous boyfriend “was like he was everything, he gave me everything, he didn’t even want me to work.”
She said the farmer asked about her weekly earnings before helping her start her business but later frustrated her because “if I ask him for money, he will calculate what I want to use the money for.”
Reacting, Pastor Dolapo said, “When you are a young girl and you begin to date married men that are older and richer, it will do something negative to you. One of the things it will do, it will expand your appetite.”
He added, “You don’t know, you will just say, ‘What is one million?’ You are just 26, one million is a lot of money in this country to you.”
He further asked, “So you are this 26-year-old girl and you are saying, ‘I want to date a guy that will buy me a Range Rover.’ How many eligible, ready-to-marry single people can afford those things?”
The lady said she regretted leaving the farmer and was still searching for someone like him. Her uncle had also questioned her decision, asking whether she had left someone who could help her calculate her profit from her capital.
When church members shouted, “Men dey,” Pastor Dolapo laughed and said, “You preach somewhere and they don’t accept a message, you dust your shoe.”
Obadare retweeted
MEN DEY!!!
Let me put this in context.
During yesterday’s teaching on expectations in relationships, we discussed what a 26-year-old woman should reasonably expect from a man at a similar stage of life.
We talked about expectations such as owning a car, having an iPhone, or receiving a monthly allowance of ₦1 million.
In the course of the conversation, a lady made a comment, and I asked her twice to repeat what she had said. The congregation echoed her response so I could hear her clearly.
This does not mean every woman in the church shares that mindset.
That moment is being interpreted in ways that miss the context of the conversation.
The point was simple: there is a difference between having standards and having expectations that may not be realistic for the stage of life you and your potential partner are in.
This was never about telling women not to have standards. It was about understanding that expectations should also be grounded in reality.
You can watch the full message on YouTube at Harvesters TV for the complete context.
Men Dey! Women Dey!
Singles conference is on Sunday the 18th of October have you registered? Link on my bio! Register now
Watch Full message on YouTube ➡️ Harvesters Tv
#pastorbolajiidowu #harvestersinternational #fyp #singlesconference
Obadare retweeted
What's happening in Nigeria is not inflation, it's a deliberate attempt to make Nigerians poorer..
FACT-CHECK: “Unemployment has dropped to 5% under Tinubu” — Issa Aremu
MISLEADING.
The claim is correctly attributed to Aremu, but 5% is not the latest NBS unemployment rate I could verify.
NBS reported: • 5.0% — Q3 2023 • 5.3% — Q1 2024 • 4.3% — Q2 2024
So while the official rate was below 5% in Q2 2024, saying unemployment “dropped to 5% under Tinubu” does not accurately reflect the NBS figures.
Nigeria also changed its unemployment methodology in 2023, making comparisons with older figures problematic.
Verdict: MISLEADING.
