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NIGERIA WOULD HAVE BEEN BETTER UNDER PETER OBI - ABARIBE -
Trending News: ENUGU TO LAUNCH AIRLINE AS GOV MBAH PRESENTS N971.8B FOR 2025WILL PRICE OF PETROL DROP?, NIGERIANS ASK AS PORT HARCOURT REFINERY BEGINS OPERATIONBREAKING: EFCC ARRESTS YAHAYA BELLOEBONYI GOVERNOR, NWIFURU, SUSPENDS TWO COMMISSIONERS, OTHERSPORT HARCOURT, WARRI, KADUNA REFINERIES TO BE PRIVATIZED – PRESIDENCYEND OF DARK TUNNEL: PORT HARCOURT REFINERY COMMENCES CRUDE OIL PROCESSINGOPEN LETTER TO SOUTHEAST SENATORS, HONOURABLE MEMBERS OF HOUSE OF REPRESENTATIVES, OHANAEZE YOUTH COUNCILNIGERIA WOULD HAVE BEEN BETTER UNDER PETER OBI – ABARIBEWHY NIGERIANS ARE POORER AMID GDP GROWTH -ECONOMISTSZAMANI LEKWOT: HOLDING JUDICIAL, MILITARY TERRORISM TO JUSTICE, BY OWEI LAKEMFAYOU FAILED TO SUPPORT, PARTICIPATE IN IFEANYI UBA’S BURIAL – FAMILY ACCUSES SENATENIGERIAN ARMY COMPLAINS ABOUT DWINDLING RESOURCESSENATORS KNOCK TINUBU’S GOVT OVER BORROWING DESPITE EXCEEDING REVENUE PROJECTIONSTHEY SAY THEY WANT BIAFRA, YET THEY KILL, KIDNAP THEIR BROTHERS – BISHOP LAMENTS OVER KILLINGS IN SOUTH EASTAUDITOR GENERAL OF THE FEDERATION UNCOVERS N197.72B FRAUD IN CBN, OTHER MDAS1.5M ENUGU LG WORKERS GROAN OVER WITHHELD SALARIES AFTER VERIFICATION EXERCISEENUGU SHINES AT UK BUSINESS FORUMWHY NIGERIANS ARE GETTING POORER BY DELE SABOWALEENUGU RESIDENTS GROAN AS RESIDENTS RESORT TO TREKKINGNGO HOLDS TOWN HALL MEETING FOR SOUTH EAST JOURNALISTSCONCERN OVER PUTIN’S HEALTH, HAS NOT BEEN SEEN FOR TWO WEEKSHOW NIGERIAN LEADERS BECAME PRESIDENT BY ACCIDENT, NOT PREPARED FOR THE JOB – KUKAHWIKE ORDERS DISSOLUTION OF SPECIAL COURT OF APPEAL THAT GAVE FAVOURABLE JUDGEMENT ON RIVERS STATE LGA ELECTIONS – SAHARAREPORTERSOLDEST CATHOLIC PRIEST IN NIGERIA DIES AT 104, OBASEKI MOURNSPRESIDENCY LOBBIES NATIONAL ASSEMBLY OVER TAX REFORM BILLSDANGOTE REFINERY NOW SELLS FUEL AT N970/LITREFOUR FACTS THAT MAKE SOUTH AFRICA THE TRUE GIANT OF AFRICAENUGU GOVT GIVES DECEMBER DEADLINE FOR COMMENCEMENT OF COAL MINING OPERATIONSSENATE PRESIDENT AKPABIO, PRAISES THE IGBO FOR INDUSTRY, SELF-RELIANCESINS OF SIMON EKPA, SO-CALLED PRIME MINISTER OF BIAFRA IN EXILEYAHAYA BELLO BETRAYED BY TRUST, REDEEMED BY CHOICE BY ABDUL MOHAMMED LAWALHUNGER IN THE LAND: THIEVES INVADE CHURCH, STEAL HARVEST COWSTHERE’S CONSPIRACY AGAINST ME – DANIEL BWALAPDP GOVERNORS GIVE DAMAGUM, NWC THREE MONTHS TO CALL NEC MEETINGNIGERIANS CALL FOR REUBEN ABATI’S SACK OVER BIGOTRY REMARKS AGAINST THE IGBO140 YEARS AFTER THE BERLIN WEST AFRICA CONFERENCE BY CHIDI ANSELM ODINKALU & CHEPKORIR SAMBUPOLICE INVADE NATIVE DOCTOR’S SHRINE IN ANAMBRA ARREST TWO SUSPECTS FOR KIDNAPPINGFROM ENUGU TO OXFORD, INSPIRING STORY OF NIGERIA’S FIRST-CLASS GRADUATENNPC DIRECTS MARKETERS TO STOP PETROL IMPORTS, CITES DANGOTE REFINERY CAPACITYANGRY RESIDENTS SET TWO REVENUE AGENTS ABLAZE IN ANAMBRA FOR CAUSING MAN’S DEATHAS SIMON EKPA COMES TO JUDGEMENTNIGERIANS IN FINLAND PANIC OVER ARREST, DETENTION OF SIMON EKPAWIKE VS FUBARA: FG BACKTRACTS, SAYS FAAC ALLOCATION TO RIVERS NOT STOPPEDHARDSHIP: MANY NIGERIAN HOUSEHOLDS NOW SKIP MEALSSEYI TINUBU NOT FIT TO BE GOVERNOR OF LAGOS STATE – JOE IGBOKWEOUR DIPLOMATIC PRESSURE ON FINLAND IS WHY SIMON EKPA WAS ARRESTED – FGTHE MEN AROUND TINUBUFUBARA CHALLENGES STOPPING FEDERAL ALLOCATION IN COURTARMED THUGS ALLEGEDLY SPONSORED BY TINUBU ASSOCIATE MC OLUOMO ATTACK NUJ SECRETARIAT IN ABUJABREAKING: FG STOPS OCTOBER FAAC REVENUE TO RIVERS STATEOHANAEZE CELEBRATES SIMON EKPA’S ARREST, SAYS IT’S HUGE RELIEFNORTH CENTRAL KICKS AS PDP POSTPONES NEC MEETINGIPOB DISOWNS SIMON EKPA, SAYS HE’S NOT ITS MEMBERI DIDN’T EXCHANGE BLOWS WITH AKPABIO – SENATE LEADER, OPEYEMIWHITE HOUSE REJECTS ICC ARREST WARRANTS FOR NETANYAHU, GALLANTFOR ME, NO MORE BEAUTY CONTEST – CHIDIMMA ADETSHINAOBASANJO’S KNOCK ON INEC REOPENS PUSH FOR ELECTORAL REFORMJAPA: ONE OUT OF EVERY FOUR NIGERIANS WANTS TO LEAVE – NBSNIGERIANS MORE POLARIZED THAN EVER AFTER 2023 ELECTION, TINUBU’S UNPOPULAR REFORMS – REPORTIT’S TIME TO END YOUR 31-YEAR-LONG PRESIDENTIAL AMBITION – BODE GEORGE TELLS ATIKUSIMON EKPA WILL BE EXTRADITED TO NIGERIA – DEFENCE HEADQUARTERSHOUSE OF REPS REJECTS BILL SEEKING SIX YEARS SINGLE TENURE FOR PRESIDENT, GOVERNORSFINLAND COURT REMANDS SIMON EKPA FOR INCITING TERROR IN NIGERIARUSSIAN INVASION OF UKRAINE SHAMEFUL DISASTER FOR HUMANITY – POPE FRANCISNEW MANAGEMENT TAKES OVER UK VISA APPLICATION CENTRES IN NIGERIAPETER OBI VISITS MARY AGRO FARMS ENUGU STATE, DONATES N20MSIMON EKPA DON LAND FOR TROUBLE, ARRESTED IN FINLAND – BBC PIGINYOU STABBED US AT THE BACK, YOU HUMILIATED US – APC CHIEFTAIN FUMES OVER DANIEL BWALA’S APPOINTMENT BY TINUBUYOU’RE UNSTABLE, FOCUS ON WHEREABOUTS OF YOUR IMPORTED WIFE – ATIKU KNOCKS OSHIOMHOLENORTH WILL BE BEST SERVED BY NORTHERNERS – ACFSTATE GOVERNORS MEET OVER EXCESS CRUDE ACCOUNTCOURT REFUSES INJUNCTION TO STOP NUJ ELECTIONCOURT ORDERS ENUGU GOVT TO PAY MAN N55M OVER ILLEGAL DEMOLITION OF SHOPSVAT GENERATED IN STATES ACROSS NIGERIA (AUGUST 2024)SENATE SACKS CCT CHAIRMAN, DANLADI UMARTINUBU SACKS UNIZIK GOVERNING COUNCIL, REMOVES VCOUR NEW GENERATION OF CHILDRENEX-PRESIDENTIAL AIDE BERATES FG OVER CONTINUOUS KILLINGS IN SOUTH EASTUMAR DAMANGUN, PDP ACTING NATIONAL CHAIRMAN, PLANS TO REMAIN IN OFFICE TILL NEXT YEAREIGHT NIGERIAN BANKS WITH HIGHEST CUSTOMER DEPOSITS IN 2024OTTI EXONERATES IPOB FROM GUNMEN ATTACKS, ACCUSES OPPOSITION POLITICIANSREPS WILL PASS TAX REFORM BILLS WITH MINOR MODIFICATIONS – DEPUTY SPOKESMANNORTHERN, SOUTHERN LAWMAKERS PREPARE TO SQUARE EACH OTHER AGAINST TINUBU’S TAX REFORM BILLSNIGERIA’S DEBT TO IDA HITS $17B – REPORTCONTROVERSY TRAILS TINUBU’S MEDIA TEAMHOW BRITAIN MASSACRED ORIGINAL IGBO NAMES AHEAD OF INDEPENDENCEONE-BED FLAT IN TINUBU’S RENEWED HOPE ESTATE NOW N22MWIKE RIGHT BUILDING HOUSES FOR JUDGES, SENIOR LAWYER, CARPETS FALANABROOM USED ON AJURI NGELARE IS BEING USED ON DANIEL BWALA – ATIKU’S AIDERETHINK REFORM STRATEGIES, IMF ADVISES TINUBU GOVTPRESIDENCY DOWNGRADES DANIEL BWALA AS ROLE AFTER HE DECLARED HIMSELF TINUBU’S SPOKESMANPETROL PRICE CUT MAY FORCE NIGERIA’S INFLATIONARY PRESSURES DOWN – ECONOMISTNORTHERN REPS RAISE FRESH CONCERNS OVER TAX REFORM BILLSTAX REFORM BILLS: GOVS THREATENING TO DENY US RETURN TICKETS – REPS DEPUTY SPOKESMANNIGERIAN FAMILY DEMANDS JUSTICE FOR DOCTOR WHO DIED IN JORDAN, CRIES TO WHOINSIDE STORY OF ALLEGED JUDICIAL CORRUPTION IN NIGERIA, BY JUSTICE DATTIJO MOHAMMEDNERC WARNS AGAINST MAKING CUSTOMERS FUND REPLACEMENT OF FAULTY METERSOBASANJO NOT AN IDEAL LEADER TO EMULATE – BAYO ONANUGAWE’VE NOT TAKEN ANY POSITION ON TAX REFORM BILL – ABBASPETER OBI COMMENDS CHIDIMMA ADETSHINA ON MISS UNIVERSE CONTEST
Wed. Nov 27th, 2024
Trending News: ENUGU TO LAUNCH AIRLINE AS GOV MBAH PRESENTS N971.8B FOR 2025WILL PRICE OF PETROL DROP?, NIGERIANS ASK AS PORT HARCOURT REFINERY BEGINS OPERATIONBREAKING: EFCC ARRESTS YAHAYA BELLOEBONYI GOVERNOR, NWIFURU, SUSPENDS TWO COMMISSIONERS, OTHERSPORT HARCOURT, WARRI, KADUNA REFINERIES TO BE PRIVATIZED – PRESIDENCYEND OF DARK TUNNEL: PORT HARCOURT REFINERY COMMENCES CRUDE OIL PROCESSINGOPEN LETTER TO SOUTHEAST SENATORS, HONOURABLE MEMBERS OF HOUSE OF REPRESENTATIVES, OHANAEZE YOUTH COUNCILNIGERIA WOULD HAVE BEEN BETTER UNDER PETER OBI – ABARIBEWHY NIGERIANS ARE POORER AMID GDP GROWTH -ECONOMISTSZAMANI LEKWOT: HOLDING JUDICIAL, MILITARY TERRORISM TO JUSTICE, BY OWEI LAKEMFAYOU FAILED TO SUPPORT, PARTICIPATE IN IFEANYI UBA’S BURIAL – FAMILY ACCUSES SENATENIGERIAN ARMY COMPLAINS ABOUT DWINDLING RESOURCESSENATORS KNOCK TINUBU’S GOVT OVER BORROWING DESPITE EXCEEDING REVENUE PROJECTIONSTHEY SAY THEY WANT BIAFRA, YET THEY KILL, KIDNAP THEIR BROTHERS – BISHOP LAMENTS OVER KILLINGS IN SOUTH EASTAUDITOR GENERAL OF THE FEDERATION UNCOVERS N197.72B FRAUD IN CBN, OTHER MDAS1.5M ENUGU LG WORKERS GROAN OVER WITHHELD SALARIES AFTER VERIFICATION EXERCISEENUGU SHINES AT UK BUSINESS FORUMWHY NIGERIANS ARE GETTING POORER BY DELE SABOWALEENUGU RESIDENTS GROAN AS RESIDENTS RESORT TO TREKKINGNGO HOLDS TOWN HALL MEETING FOR SOUTH EAST JOURNALISTSCONCERN OVER PUTIN’S HEALTH, HAS NOT BEEN SEEN FOR TWO WEEKSHOW NIGERIAN LEADERS BECAME PRESIDENT BY ACCIDENT, NOT PREPARED FOR THE JOB – KUKAHWIKE ORDERS DISSOLUTION OF SPECIAL COURT OF APPEAL THAT GAVE FAVOURABLE JUDGEMENT ON RIVERS STATE LGA ELECTIONS – SAHARAREPORTERSOLDEST CATHOLIC PRIEST IN NIGERIA DIES AT 104, OBASEKI MOURNSPRESIDENCY LOBBIES NATIONAL ASSEMBLY OVER TAX REFORM BILLSDANGOTE REFINERY NOW SELLS FUEL AT N970/LITREFOUR FACTS THAT MAKE SOUTH AFRICA THE TRUE GIANT OF AFRICAENUGU GOVT GIVES DECEMBER DEADLINE FOR COMMENCEMENT OF COAL MINING OPERATIONSSENATE PRESIDENT AKPABIO, PRAISES THE IGBO FOR INDUSTRY, SELF-RELIANCESINS OF SIMON EKPA, SO-CALLED PRIME MINISTER OF BIAFRA IN EXILEYAHAYA BELLO BETRAYED BY TRUST, REDEEMED BY CHOICE BY ABDUL MOHAMMED LAWALHUNGER IN THE LAND: THIEVES INVADE CHURCH, STEAL HARVEST COWSTHERE’S CONSPIRACY AGAINST ME – DANIEL BWALAPDP GOVERNORS GIVE DAMAGUM, NWC THREE MONTHS TO CALL NEC MEETINGNIGERIANS CALL FOR REUBEN ABATI’S SACK OVER BIGOTRY REMARKS AGAINST THE IGBO140 YEARS AFTER THE BERLIN WEST AFRICA CONFERENCE BY CHIDI ANSELM ODINKALU & CHEPKORIR SAMBUPOLICE INVADE NATIVE DOCTOR’S SHRINE IN ANAMBRA ARREST TWO SUSPECTS FOR KIDNAPPINGFROM ENUGU TO OXFORD, INSPIRING STORY OF NIGERIA’S FIRST-CLASS GRADUATENNPC DIRECTS MARKETERS TO STOP PETROL IMPORTS, CITES DANGOTE REFINERY CAPACITYANGRY RESIDENTS SET TWO REVENUE AGENTS ABLAZE IN ANAMBRA FOR CAUSING MAN’S DEATHAS SIMON EKPA COMES TO JUDGEMENTNIGERIANS IN FINLAND PANIC OVER ARREST, DETENTION OF SIMON EKPAWIKE VS FUBARA: FG BACKTRACTS, SAYS FAAC ALLOCATION TO RIVERS NOT STOPPEDHARDSHIP: MANY NIGERIAN HOUSEHOLDS NOW SKIP MEALSSEYI TINUBU NOT FIT TO BE GOVERNOR OF LAGOS STATE – JOE IGBOKWEOUR DIPLOMATIC PRESSURE ON FINLAND IS WHY SIMON EKPA WAS ARRESTED – FGTHE MEN AROUND TINUBUFUBARA CHALLENGES STOPPING FEDERAL ALLOCATION IN COURTARMED THUGS ALLEGEDLY SPONSORED BY TINUBU ASSOCIATE MC OLUOMO ATTACK NUJ SECRETARIAT IN ABUJABREAKING: FG STOPS OCTOBER FAAC REVENUE TO RIVERS STATEOHANAEZE CELEBRATES SIMON EKPA’S ARREST, SAYS IT’S HUGE RELIEFNORTH CENTRAL KICKS AS PDP POSTPONES NEC MEETINGIPOB DISOWNS SIMON EKPA, SAYS HE’S NOT ITS MEMBERI DIDN’T EXCHANGE BLOWS WITH AKPABIO – SENATE LEADER, OPEYEMIWHITE HOUSE REJECTS ICC ARREST WARRANTS FOR NETANYAHU, GALLANTFOR ME, NO MORE BEAUTY CONTEST – CHIDIMMA ADETSHINAOBASANJO’S KNOCK ON INEC REOPENS PUSH FOR ELECTORAL REFORMJAPA: ONE OUT OF EVERY FOUR NIGERIANS WANTS TO LEAVE – NBSNIGERIANS MORE POLARIZED THAN EVER AFTER 2023 ELECTION, TINUBU’S UNPOPULAR REFORMS – REPORTIT’S TIME TO END YOUR 31-YEAR-LONG PRESIDENTIAL AMBITION – BODE GEORGE TELLS ATIKUSIMON EKPA WILL BE EXTRADITED TO NIGERIA – DEFENCE HEADQUARTERSHOUSE OF REPS REJECTS BILL SEEKING SIX YEARS SINGLE TENURE FOR PRESIDENT, GOVERNORSFINLAND COURT REMANDS SIMON EKPA FOR INCITING TERROR IN NIGERIARUSSIAN INVASION OF UKRAINE SHAMEFUL DISASTER FOR HUMANITY – POPE FRANCISNEW MANAGEMENT TAKES OVER UK VISA APPLICATION CENTRES IN NIGERIAPETER OBI VISITS MARY AGRO FARMS ENUGU STATE, DONATES N20MSIMON EKPA DON LAND FOR TROUBLE, ARRESTED IN FINLAND – BBC PIGINYOU STABBED US AT THE BACK, YOU HUMILIATED US – APC CHIEFTAIN FUMES OVER DANIEL BWALA’S APPOINTMENT BY TINUBUYOU’RE UNSTABLE, FOCUS ON WHEREABOUTS OF YOUR IMPORTED WIFE – ATIKU KNOCKS OSHIOMHOLENORTH WILL BE BEST SERVED BY NORTHERNERS – ACFSTATE GOVERNORS MEET OVER EXCESS CRUDE ACCOUNTCOURT REFUSES INJUNCTION TO STOP NUJ ELECTIONCOURT ORDERS ENUGU GOVT TO PAY MAN N55M OVER ILLEGAL DEMOLITION OF SHOPSVAT GENERATED IN STATES ACROSS NIGERIA (AUGUST 2024)SENATE SACKS CCT CHAIRMAN, DANLADI UMARTINUBU SACKS UNIZIK GOVERNING COUNCIL, REMOVES VCOUR NEW GENERATION OF CHILDRENEX-PRESIDENTIAL AIDE BERATES FG OVER CONTINUOUS KILLINGS IN SOUTH EASTUMAR DAMANGUN, PDP ACTING NATIONAL CHAIRMAN, PLANS TO REMAIN IN OFFICE TILL NEXT YEAREIGHT NIGERIAN BANKS WITH HIGHEST CUSTOMER DEPOSITS IN 2024OTTI EXONERATES IPOB FROM GUNMEN ATTACKS, ACCUSES OPPOSITION POLITICIANSREPS WILL PASS TAX REFORM BILLS WITH MINOR MODIFICATIONS – DEPUTY SPOKESMANNORTHERN, SOUTHERN LAWMAKERS PREPARE TO SQUARE EACH OTHER AGAINST TINUBU’S TAX REFORM BILLSNIGERIA’S DEBT TO IDA HITS $17B – REPORTCONTROVERSY TRAILS TINUBU’S MEDIA TEAMHOW BRITAIN MASSACRED ORIGINAL IGBO NAMES AHEAD OF INDEPENDENCEONE-BED FLAT IN TINUBU’S RENEWED HOPE ESTATE NOW N22MWIKE RIGHT BUILDING HOUSES FOR JUDGES, SENIOR LAWYER, CARPETS FALANABROOM USED ON AJURI NGELARE IS BEING USED ON DANIEL BWALA – ATIKU’S AIDERETHINK REFORM STRATEGIES, IMF ADVISES TINUBU GOVTPRESIDENCY DOWNGRADES DANIEL BWALA AS ROLE AFTER HE DECLARED HIMSELF TINUBU’S SPOKESMANPETROL PRICE CUT MAY FORCE NIGERIA’S INFLATIONARY PRESSURES DOWN – ECONOMISTNORTHERN REPS RAISE FRESH CONCERNS OVER TAX REFORM BILLSTAX REFORM BILLS: GOVS THREATENING TO DENY US RETURN TICKETS – REPS DEPUTY SPOKESMANNIGERIAN FAMILY DEMANDS JUSTICE FOR DOCTOR WHO DIED IN JORDAN, CRIES TO WHOINSIDE STORY OF ALLEGED JUDICIAL CORRUPTION IN NIGERIA, BY JUSTICE DATTIJO MOHAMMEDNERC WARNS AGAINST MAKING CUSTOMERS FUND REPLACEMENT OF FAULTY METERSOBASANJO NOT AN IDEAL LEADER TO EMULATE – BAYO ONANUGAWE’VE NOT TAKEN ANY POSITION ON TAX REFORM BILL – ABBASPETER OBI COMMENDS CHIDIMMA ADETSHINA ON MISS UNIVERSE CONTEST
Wed. Nov 27th, 2024

NIGERIA WOULD HAVE BEEN BETTER UNDER PETER OBI – ABARIBE

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NIGERIA WOULD HAVE BEEN BETTER UNDER PETER OBI – ABARIBE

Senator Enyinnaya Abaribe has stated that Nigeria would have been better off if the Labour Party candidate, Peter Obi, had won the 2023 presidential election.

Abaribe, who represents Abia South in the Senate, made this assertion on Channels Television’s Politics Today on Monday.

According to him, nepotism, which he claims thrives under President Bola Tinubu’s administration, would have been non-existent under Obi’s presidency.

“If Peter Obi had won, you probably would have seen a better Nigeria than what we are seeing today.

“Number one, he would not be as nepotistic as this government, he won’t, it’s not in him. That is just who we are, we feel for the other people,” he said.

Abaribe also criticised Tinubu’s appointment of four ministers from Ogun State, describing it as nepotistic.

He further stated that the people of the South-East should not wait for presidents to be fair to them, but rather take charge of their own development.

Abaribe lauded the arrest of Simon Ekpa, the self-acclaimed Prime Minister of Biafra in exile, describing it as a welcome development.

He also advocated the release of Nnamdi Kanu, stating that it would help end the violence in the South-East.

    • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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    WHY NIGERIANS ARE GETTING POORER BY DELE SABOWALE

    WHY NIGERIANS ARE GETTING POORER, BY DELE SOBOWA LE “Behind the facts of economics are the facts of psychology… The emotions of fear and confidence, the judgments of doubts and certainty constitute a very important medium through which we see economic values” – Arthur S Dewing, Harvard Business Review, 1923. WHY NIGERIAN BUDGETS OFTEN FAIL “Whatever a man prays for, he prays for a miracle; every prayer reduces itself to this; Great God, grant that twice two be not four” – Ivan Turgenev, 1818-1883, VANGUARD BOOK OF QUOTATIONS, VBQ, p 198. Experiential Learning: Building the Wealth of The NationNo federal or, as far as I know, state budget since 1999 has been successfully implemented as written by the president or governors and approved by the lawmakers in Abuja and the states – for one cardinal reason. Almost invariably, they are at best prayers by the Chief Executive Officers (CEOs), rubber-stamped by the legislative branch; and nobody monitors execution from the start to the finish. Occasionally, the CEO returns to request for supplementary budget approval; receives it without anybody among legislators asking questions about projects which were slated for the year. The over 70,000 abandoned projects littering Nigeria, representing monumental waste of public funds are emblematic of the failure of democracy in Nigeria. Neither the executive nor the legislative branches had served the people well. Annual budgets often fail because they constitute more of political gamesmanship than economic plans. To begin with, under civilian governments, since 1999, no budget presentation had started with a review of the current year’s performance. Yet, every adult should know that the present situation is a result of choices made in the past; and it will influence the possibilities available tomorrow. Having failed to deliver on most of their promises, the CEOs ignore the results; present a new year’s budget as if the nation or state is starting on a clean slate without a lot of baggage from the past. Nobody needs to be an economist to realise that this is self-deception. RECURRENT FAILURE OF BUDGETS SINCE 1999 Insanity has been defined as doing the same thing over again and expecting a different result. After Obasanjo’s first two years in office, no Nigerian president should have got into the trap of treating the annual budget as a political document; instead of a framework for economic development and social advancement. That sense of responsibility would always dictate that the framers of the budget be as truthful as possible in their projections. Furthermore, they should always admit it when they fail and set about finding out the reasons for failure. The lessons learnt would help subsequently to achieve better results. Two examples of wishful thinking pervading budgeting at the federal level will help to illustrate the point. Every budget, since 2009, had been based on the assumption of 2.3 million barrels per day, mbpd, of crude oil produced and exported. Yet, records easily available to governments since then would prove beyond reasonable doubt that Nigeria has been producing, for export, approximately 1.4mbpd virtually every year. The records for 2022, 2023 and now 2024 have not altered the pattern. Yet, despite the overwhelming evidence, the budget for each year had been based on 2.3mbpd. Consequently, the budget each and every year was based on predictable negative dollar revenue variance – which would later result in three other shortfalls. One, lower than expected dollar supply will impact exchange rate negatively; the naira will depreciate further. Two, budgeted aggregate deficit will be exceeded. Aggregate revenue would fall below expectations; unless the currency is devalued and inflation rate increases. The Nigerian economy has been suffering from all these budgetary miscalculations for 25 years; and we are about to enter a new year without altering our…

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