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Twitter, remind me to not go out in Lagos a day (Friday) before Ileya or Christmas. – at Lagos, Nigeria
FDI
Don't sleep on Tinubunomics .
JPMorgan has deposited $38 million with the Central Bank of Nigeria as it moves closer to securing a banking license in Africa’s most populous nation, according to sources bloomberg.com/news/articles/…
Alex Song,
Philippe Senderos,
Johan Djourou,
Niklas Bendtner,
Eduardo Da Silva,
Manuel Almunia,
Theo Walcott,
Armand Traore,
Justin Hoyte,
Gael Clichy,
Cesc Fabregas
This should be 07/08 Cup season .
He invested heavily the entertainment industry as Governor. Asabawood grew under him. Comedians also got immense support from his government.
RIP
Whatever obedients say or do on SM and in real life, it's a direct reflection and with an active participation of their principal.
But people invite him to speak in their own churches and plaster his face on the posters, perhaps as an attempt to draw people.
I always feel somethings are better left unsaid.
To each his own tent.
Pastor Dolapo Lawal says his church doesn't do guest ministers, and he's not hiding it.
In his words, if you can't come for the Word, stay at home.
In eight years, the ministry has invited only three people.
The latest is Pastor Nataniel Bassey, for a camp meeting, and Dolapo says that's because he sees him as a prophet, not because he wants a crowd.
He also made it clear you will never see a ZOE flyer from him stacked with singers' faces. If his own face isn't enough to draw you, he would rather you stay away.
Here's my take.
Many programmes in Nigeria today are sold like concerts.
The flyer is crowded with names, and the message comes last. His stance pushes back on that.
But there's another side. Some people first walk into a church because of a singer or a minister they trust, and some of them end up staying for the Word.
Not every guest invitation is about crowd pulling.
1st set of corpers to collect 19,800.
GEJ started the implementation in May, then backdated the implementation to include those of us who went to camp in March.
We are an import-dependent nation.
If we dont have an healthy balance sheet in the form of a robust Foriegn Reserves,we are toast.
Yes,there is an Opportunity Cost to the huge Reserves we have today,a higher cost of living for Nigerians.That's point Mr Chike-Obi is making here.
Mustafa Chike-Obi: Large foreign reserves don’t mean Nigeria is better off
Mustafa Chike-Obi, former chairman of Fidelity Bank, says maintaining Nigeria’s $52 billion to $53 billion foreign reserves costs the country more than $10 billion annually.
Chike-Obi spoke on Thursday during an episode of Policy Without Politics, a podcast he host with Ken Ikpe.
thecable.ng/former-fidelity-…
This is not the happy ending that it is being portrayed to be, even though it has worked for the man.
Some people who did similar things while working for Dame Patience paid dearly for it.
Another set of staff who worked for Kenneth Gbagi faced very serious humiliation.
I usually like to spend my evenings relaxing at the bar of one of the popular hotels in Ajao Estate. On Tuesday, while we were watching the Champions League match between Manchester United and Atlético Madrid, a middle-aged man instructs the bartender to drop an extra bottle of Heineken at my table. We usually exchange casual greetings from a distance whenever we see each other in the bar or sometimes, at the car park.
After the match, we got to know each other better and discussed various topics, mostly politics and career development.
During our conversation, he opened up about how difficult life was for him as a Nigerian graduate. After graduating from LAUTECH in 2007, he spent considerable time moving around Lagos in search of a job before finally clocked one in the household of a wealthy man whose family fortune was tied to politics and who was clearly from an old-money background. His job was just to do the family's laundry.
He said the day his life changed was when he saw $100 bills in fifty pieces, amounting to $5,000, in one of his employer's agbada pockets. He also found a few naira in another pocket.
He decided to keep the money while waiting to see whether his employer would ask about it. Two weeks passed, and he didn't asked any questions about any missing money.
Then he began processing his relocation to the United Kingdom. Back in 2010, he moved to the UK with just ₦800,000. Today, he lives there, married to a British woman, and has children.
He now owns a house in the UK that he values at £950,000.
He is currently in Nigeria to inspectbthe renovation of his multimillion-naira building he bought in Sunmibare Estate, Maryland, Lagos.
Life-changing opportunities can come unexpectedly, but lasting success is built on the decisions you make afterward.
Just one defining moment can rewrite your story.
Has Obi seen this yet?
He likes to quote figures from these countries .
Indonesia has six oil refineries processing an average of 1.2m b/d.
Indonesia subsidizes fuel and so it is cheap in the country.
A litre costs IDR19,150.
In dollar, it is $1.07
That is N1,423 if they accept naira.
That is the latest price update as at Oct 12, 2026.
globalpetrolprices.com/Indon…
But it is still cheap.
That is why smuggling is a lucrative business in the country.
But there style of ‘smuggling’ is unique.
It is both within and outside the country.
Some locals who are criminally minded, after using their daily quota usually 40 litres move to another gas station to buy more and sell to organizations or other individuals who need more fuel.
They sell it sometimes double the official price.
The other type of smuggling is the international kind of smuggling and Papua New Guinea is the major destination of smuggled Indonesian fuel.
The country that is a beneficiary of fuel smuggling from Indonesia also run a subsidy regime.
That is the irony of it all.
So how much is a litre of petrol in Papua New Guinea that makes smuggling from a $1.07/litre still profitable?
In Indonesia, fuel scarcity is a regular exercise.
There was fuel scarcity in October, 2025.
In April, 2026.
In May, 2026.
And presently.
The debate either to remove fuel subsidy to curb smuggling and help government have more fund for other economic purposes has been on for over a decade but political considerations have been a major hinderance.
Successive governments in Indonesia have attempted fuel subsidy reform 13 times since 1998, aiming to make the subsidy framework more fiscally sustainable. But reforms have often been reversed or scaled back in response to political and economic pressures,” says a report.
However, 2027 is being considered as the year that fuel subsidy could be completely removed by government.
theinvestor.vn/indonesia-con…
Experts argue that in Indonesia, fiscally unsustainable fossil-fuel subsidies can be repurposed to invest in positive incentives for longer-term environmental and social objectives.
In my opinion, as a Nigerian, I want to say that President Bola Ahmed Tinubu made the right decision even though, it is hard and it reminds me of why former president, late Muhammadu Buhari praised him for his boldness to remove once and for all, the monstrous economic monster, the fuel subsidy.
Obi might not have active foot soldiers but he surely has millions of followers who would vote him even if it was raining fire and brimstones.
The only thing his movement may lack is political briskmanship.
At the time, Yar'dua's populist intervention was the best thing for households of Civil Servants.
It turned out to be a catastrophe.
This is why it is difficult to convince salary earners and MSEs today that the current policies are the best for the country.
Two of the worst economic decisions of my lifetime as a Nigerian were;
- Umaru Musa Yar’Adua’s reversal of refinery privatisation.
- Goodluck Jonathan’s partial retreat from petrol subsidy removal in 2012.
The consequences were far-reaching. Nigeria missed opportunities to attract private investment into its refineries, create industrial jobs and reduce dependence on imported fuel. Instead, we continued pouring public money into refinery rehabilitation while spending billions of dollars subsidising petrol.
The scale of the cost is staggering. Available estimates suggest that Nigeria’s prolonged fuel subsidy regime and repeated spending on dysfunctional state-owned refineries imposed a combined fiscal burden approaching $100 billion over the relevant period. This is an indicative estimate, not a verified bill attributable solely to these two decisions, and it excludes the harder-to-quantify costs of lost investment, industrial development and jobs.
Think of what some of that money could have done for electricity, roads, railways, hospitals, schools and job creation. Of course, reforms must be well managed, with protection for the poorest. But reversing difficult policies without a credible alternative only prolonged the problem.
Nigeria has paid dearly for prioritising short-term political pressures over long-term economic transformation.
Squatting; Wilshere, Fran Merida, Theo Walcott, Mikael Silvestre, Aaron Ramsey.
Standing; Carlos Vela, Alex Song, Etienne Capoue (unsure) Lukas Fabianski.
Do you start a sentence with 'But'?
It only suffices when it's a complex sentence.
A RESPONSE TO MR. BABACHIR LAWAL'S FALSEHOODS AGAINST PROF. YEMI OSINBAJO, SAN, GCON
I have watched the video in which former Secretary to the Government of the Federation, Mr. Babachir Lawal, made a string of allegations against former Vice President Prof. Yemi Osinbajo, SAN. Ordinarily, such fabrications would not deserve a response.
But I served as the Vice President's spokesperson. I was in the room where many of these decisions were taken. And the allegations touch directly on the staff of the Office of the Vice President — of which I was a part. For the sake of the record, facts only must be stated.
1. On the claim that President Buhari considered Osinbajo's 2022 aspiration "immoral":
This is false.
On at least four separate occasions, President Buhari personally offered to support the Vice President, telling him plainly: "If I don't support you, who will I support?"
He was consistent. During the APC presidential primaries in 2022, while campaigns were underway, President Buhari openly commended Vice President Osinbajo at a Federal Executive Council meeting for the dignified, issues-based manner in which he was conducting his campaign across the country. He spoke in a laudatory tone. The entire Council witnessed it.
That is not a President who found Osinbajo's ambition distasteful. That is a President who broached it , encouraged and applauded it.
2. On the so-called memo of 20+ staff names:
Mr. Lawal's claim that Osinbajo wrote a memo containing over 20 staff names, which was sat on by the President's Chief of Staff, and which he, Mr. Lawal, then took to President Buhari, is a complete fabrication. There was no such memo.
Anyone who knew President Buhari knows he does not engage in the kind of snide ethnic profiling Mr. Lawal attributed to him — "BD, these are all Yorubas." That language and that conduct are alien to President Buhari.
The procedure was simple and verifiable: Prof. Osinbajo always had direct access to the President. He took his memos directly to the President, obtained approval, and passed the approved memo to (his own Chief of Staff), Mr. Ade Ipaye, the Deputy Chief of Staff to the President who then communicated it to the relevant agencies for action. At no stage did this require the SGF, except for the subsequent issuance of appointment letters for staff.
Mr. Lawal's timeline also collapses. He claimed the memo was delayed for three months. I resumed in the Office of the Vice President in June 2015, alongside several other colleagues. So did many of those whose names he now invents. There was no three-month delay. To those of us who were there, this story is pure fiction.
What actually happened in 2015 is that Osinbajo took different batches of memos to the President at different times for different categories of staff as the office was being set up and as government policies evolved. That is standard practice. There was never a single, bloated, religiously and ethnically-charged list. It is quite simply incredible that Mr Lawal would create such falsehood. It is also noteworthy that by the time a good number of the appointments were made Mr Lawal had been sacked by President Buhari ( not Osinbajo) for corrupt practices.
3. On the composition of Osinbajo's staff — the church claim:
The claim that Osinbajo appointed people because they were church members is false and is easily disproved by the staff list itself. The Office was one of the most inclusive, pan-Nigerian offices in that government — North, South, East, West, Christian and Muslim.
To suggest a narrow church agenda is not only to ignore the facts , but to pursue a curious and worrying vendetta.
Let the facts speak:
The most senior official in the Office — the Deputy Chief of Staff to the President — was Mr. Ade Ipaye, a Muslim and a distinguished lawyer.
Three of his four Special Advisers were Muslims, including two Northerners: Mrs. Maryam Uwais, Special Adviser on Social Investment, and Dr. Ahmad Zakari,...
Has Pat Utomi ever spoken glowingly about his new friend, Obi, in this manner?
If they are playing you, ensure you dont play yourself.
"Everything happening in Lagos today,was planned long time ago"
Cascade that into the politics too.
