By Wilson Macaulay
The debt profile of Nigeria is not only worrisome ,it is almost reducing the nation to a banana State.
East or west ,head or tail, a debtor is a slave to the creditor. That is why borrowing should be be a thing of last resort.
If we must borrow, then it should be for Capital project that can fund itself on the long run. For those who can read between the lines, Nigeria is not going in the right direction.
This kind of bogous and unsubstantiated approval of borrowing that we are experiencing in
the PMB regime aided and abbeted by NASS is the real reason the Obedient revolution May not stop.
How can you be borrowing money for recurrent expenditure añd you expect me to clap for you, I will Never do that. If the Government is borrowing to kick Start an Agricultural revolution we Will support. If we are borrowing to build modern and good road Infrastructures of 4 to 5 carriage Way with with automated toll gates to be collected to pay the loans and maintain the roads I will support. But this day light robbery called borrowing with the money actually going into their private pockets while the Nigerian State bears the burden cannot be supported by any patriotic citizen. Nelson Mandela of blessed memory, the great Madhiba said it is a Long Walk to freedom but
Sooner than expected we shall throw off the fetters of oppression against the common masses of the Nigerian State.
Imagine, they are borrowing money in 2022 to sponsor their election coming up in 2023 while the burden of the debt Will remain a National shame brought upon us by the same people who actually took oath to protect the citizenry.
For those who thinks God is asleep they will soon meet their Waterloo.
I dey vex for what the PresÃdent Buhari led APC Federal Government is doing against Nigerians. We have had End SARS, We are experiencing EFCC must go protest right now, the Next protest on queue Will be BUHARI Must Go. Oga Buhari you no dey try for NAIJA.
History Will beat you black and blue.
God gave you two ample opportunities to fix Nigeria , you failed woefully on the two occasions.
I and My friend from Sokoto, Umaru Musa based in Ekpan in the Refinery area popularly called ( Shaguolo)who Campaigned for you in 2015
deeply regrets how we wrongly believed that you have something to offer Nigerians .We Never knew that you are clueless in elementary matters of economics importance.
With all his errors put together,
even lBB who is called Maradona for a wrong purpose have something better to offer than you in terms of ability to assemble intelligible personnel for national assignment.
lmagine the kind of Minister serving under you. Adamu Adamu , Minister of Education and Dr Chris Ngigie they are terrible crops of men who are nothing short of a blight to your regime. Still this your APC led Federal Government also came up with Trada Moni , an idea without any economicvalue. The truth is N40 billion shared in one year to the
poorest of the poor at N10 k each per
person for every month at the end of one year is equal to poverty. No change of level.
Honestly speaking ,N40 billion directed into agricultural revolution will announce Nigeria as the
giant getting ready to wake-up but it was wasted on the frivolous Trada Moni program which have no ECONOMICS meaning because the so called beneficiaries are still in poverty till tomorrow.
Just imagine 40 billion invested to procure 4 Modular Refineries establishment in the Niger Delta can employ at least 200 workers each multiplied by four equals to 800 hundred employment opportunities., The modular Refineries will refine Petroleum products
to cushion the adverse effects of scarcity in our filling stations.
l was Very angry with lBB when he overthrew your Government I mean the
Buhari/ldiagbon regime in 1985.
However, from the unimaginable lack lustre level of intelligence you have displayed in this your second coming to rule over the affairs of Nigeria, one can Now understand why General Babangida
who have a better insight of your person chose then to
oust or push you out of power in a military braggadocio because he knew you better than we the masses that indeed you have nothing to offer way back in 1985.
Imagine what you PMB is doing now. Borrowing money to pay workers salaries, pay Politicians, traveling and wardrobe allowance, share allocations to States , repair National Assembly which Will not geberate any fund into our National vault.
Paradvrnture, if there is anything like delay in fixing the borrowing process
for crediting the Nigerian debt seeking politicians are their various agencies
or cronies through which they siphon our common patrimonies, PMB will ask the central bank to print extra money as confirmed by (Godwin Obaseki Góvernór of Edo State)for the. APC led FG to share to States even when they know that the monetary Policies of the country frowns at that kind of anormally.
Nigererians are surprised that PMB keep looking elsewhere when the basic thing he needed to do Seven years ago is to declare Agric Revolution , the Very area where we have comparative advantage.
Even to hire the right people to do the job, of Ministers PMB nor fit.
PMB you no try for Nigeria.
When lBB left office he went and enrolled in the University of Jos to study history , that is how We became professional colleagues. If you ask
IBB today , he will tell you many things
which he learnt. l know many of such things IB learnt but I will not tell you today.
OBJ after his service in Aso Rock Villa
saw the wisdom of continuous education, so he enrolled
to study theology, he is doing well
with the experience he ganared from
the National Open University.
Remember that General Yakubu Gowon
former head of State, after he was shoved out of office by late General Murtala Ramat Mohammed, Gowon
went straight to Wawick to get his University stuff . That decision l believe
has helped to shape his conduct in a positive light.
I suggest that when you PMB are through from Aso Rock , kindly enroll to study Economics. My reason for recommending economics, is to help open your eyes of understanding.
Your Excellency sir, in your 100 level in ECONOMICS 101 which we take everyday in this platform you PMB will realise that you actually goofed, for your actions and inactions,
but then it will be too late because the damage is already done.
JESUS said , when I go I will send a comforter. Our sincere prayers is let a comforter come after PMB, is gone for good after 2023 we need the sucour so badly after this aphixiating experience
May God help and save Nigeria from the hands of clueless leaders.
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