On Tue, Apr 28, 2026 at 6:41 PM, Kayode Adebayo<kayu...@yahoo.com> wrote:Dumbest Igbo Boy Called Nebukadimonkey Adiele:You failed Economics woefully. That's why you don't understand how borrowing and government revenues work, you stark illiterate from Mbaise Bush who dropped out of college to become Mai Guard of Central Park.For your ignorance, government revenue is different from government borrowing. The government may be making money through several sources and still fall short of executing capital and non capital projects with its budgets. For a long time, Nigeria was earning just $60 per barrel of oil under Tinubu and only recently was it earning between $90 and $110 per barrel with Iran war, which is still subject to fluctuation. There are a number of capital projects embarked upon by the Tinubu regime which are underfunded by Nigeria's revenues and which necessitates borrowing. Your source also failed Economics woefully. She was contradicting herself and doesn't know what project approval and project funding are. She was also quoting rumors. Rumors are not facts. They are what they are: Rumors and as a journalist, she is not supposed to be quoting rumors. She supposed to do her homework through investigations before she opens her mouth on national TV.For your ignorance and that of your ignorant source, project approvals are different from project funding and budgets are mere statistical assumptions of anticipated revenues and spending. They're mere projections of what the government thinks it would earn and spend. And when projections fall short of realities, the government has to borrow to make up the difference. Unfortunately, she doesn't know that.Furthermore, government approves capital projects without funding. It's when government eventually sources the funds that it makes money available for the projects.A number of projects that Tinubu administration approved have been funded, while others are yet to be funded, due to lack of money. Sokoto Badagry Expressway is one of the ones that have not been funded, yet it has been approved and Lagos Calabar Expressway has not been fully funded. The government partly funded it and the project execution is moving along as expected. You and your source don't know the difference between approval and funding and need to go to school and learn and stop disgracing yourselves on the internet.While Edun did a fantastic job as Finance Minister under Tinubu, Tinubu must fulfill his campaign promises to Nigerians. Capital Projects are part of Tinubu's promises to Nigerians and owe them to Nigerians like any government. There is nothing intrinsically wrong with borrowing. Governments around the world borrow money all the time. America which is the biggest economy in the world, owes over $39 trillion to creditors inside and outside America. It owes trillions to China and servicing debts is not something new, even though the ratio of debt servicing to revenue in Nigeria is very high, which Nigeria needs to renegotiate with its creditors.However, I will encourage the government to keep borrowing, as long as it is used properly and judiciously for development of Nigeria until it can pay no more and start again from scratch. It works every time.For your ignorance, Nigeria can at anytime renege on its payments and force the creditors to the table for negotiation and ask for debt forgiveness. It works every time in International Finance. Like my Yoruba people say: Owo Ti O Si, Ko Si Eni To Le Gba. In other words, no body can collect the money that is not available. It's impossible. The worst thing Nigeria's creditors can do is stop lending to Nigeria and Nigeria can ask for debt forgiveness when the time comes.Nigeria has a lot of potentials unlike many developing countries that owe monies like Nigeria. That's why its creditors will agree to debt forgiveness, if Nigeria reaches a level of defaulting on its obligations and debt payments. It has the ability to repay loans and can always reference that during debt forgiveness negotiations with creditors.Unfortunately, you're too daft to know that, because you failed college woefully. You don't know anything about Economics or International Finance.Go to school and learn.Kayode

On Wed, Apr 29, 2026 at 3:53 PM, Kayode Adebayo<kayu...@yahoo.com> wrote:Pastor Emeka Okala:Congratulations! Tomorrow is the D-Day! The Supreme Court will deliver judgment on your hijacking case tomorrow April 30. Your dumb hijackers will know their fate tomorrow. You better start praying hard for them now, otherwise they would crash out of ADC tomorrow.Kayode
Pastor Emeka Okala:Your dumb hijacker called Atiku and his gang of day time armed robbers called David Mark and Rauf Aregbesola celebrating yesterday are wasting their time. They still face two substantive issues like before. One is the Gombe case that has been sent back to the High Court and the other is the Kachikwu's case that has scaled the High Court. The dummy called Nebukadimonkey Adiele who has never been to any Law School but wants to be a lawyer telling you that the matter is an internal affair of ADC. Did you hear the Supreme Court mention anything like that yesterday? If the matter was an internal affair of ADC, the Supreme Court would have quashed the case yesterday instead of sending it back to the High Court. The matter is a constitutional issue of the ADC party like I said, which the court has power to adjudicate. That's why Supreme Court sent the case back to the High Court where the case belongs in the first place. The Lawyer Wannabe called Nebukadimonkey Adiele needs to go to school and study Law and stop disgracing himself on the internet.KayodeADC: Supreme Court decision should not warrant elebration – SAN, Maduabuchi
Daily PostA Senior Advocate of Nigeria, Oba Maduabuchi, says the Supreme Court decision on the African Democratic Congress, ADC, should not warrant celebration.
Speaking during an interview on Arise Television’s ‘Morning Show’, Maduabuchi said nothing has been decided.He was reacting to the April 30 decision of the apex court, which vacated the order of the Court of Appeal that barred the recognition of David Mark as the National Chairman of the ADC.
DAILY POST reports that in a unanimous judgment of the Supreme Court, Justice Mohammed Lawal Garba held that the Court of Appeal ought not to have made such an order because it was not sought by any of the parties in the matter.
Airing his own opinion, Maduabuchi said, “The ADC had no business at the Supreme Court. There was no appealable decision by the Federal High Court.
“The Court of Appeal overstepped its bounds by making an order no one sought. In reaching the proper decision that there was no valid appeal by the David Mark faction, the Court of Appeal went a step further and ordered that the status quo be maintained.
That was wrong. When INEC, acting on the Court of Appeal’s order, removed David Mark, it was on solid ground. The Appellate Court’s order was to maintain status quo ante bellum, not status quo.”
Former Anambra State Governor, Peter Obi, has urged members of the Nigeria Democratic Congress to shun litigation and internal disputes, warning that court battles could undermine efforts to build a viable political alternative ahead of the 2027 general elections.
Obi made the appeal in remarks captured in a video circulating on Sunday, shortly after he and former Kano State Governor, Rabiu Kwankwaso, were seen receiving membership cards of the party, signalling what appears to be their formal entry into the platform.
Addressing party members, Obi stressed the need for unity and discipline, noting that internal legal conflicts have historically weakened political parties in Nigeria.
“Please let there be no litigation. Party members, please don’t go to court. We want to build a party, we are not lawyers.
We are pleading with the judiciary. Please end cases in party so we can face the job of building a new Nigeria that is possible,” he said.
Obi framed his appeal within a broader vision of national transformation, arguing that political actors must prioritise institution-building over personal interests.
“We want to build a country where a child of nobody can be somebody without knowing anybody. That is what we want to do,” he said.
The former Labour Party presidential candidate also warned against actions capable of destabilising the party at a critical stage of its formation, suggesting that discipline would be enforced where necessary.
The development comes amid intensifying political realignments among opposition figures seeking to form a united front ahead of the 2027 polls.
Obi and Kwankwaso had, hours earlier, held a closed-door meeting with leaders of the NDC at the Abuja residence of the party’s National Leader and former Bayelsa State Governor, Seriake Dickson. The meeting, held in Guzape, is believed to be part of ongoing consultations to consolidate opposition forces.
Their appearance at the event drew supporters under the Obi-Kwankwaso Movement, who chanted in solidarity as both leaders were ushered into the venue.
The move followed Obi’s recent exit from the African Democratic Congress, which he attributed to internal crises, persistent legal disputes, and what he described as a toxic political environment marked by division and distraction from national issues.
Obi had maintained that his decision to leave the ADC was not driven by personal grievances with party leaders but by systemic challenges that, in his view, hinder effective political organisation.
Despite the shifting alliances, he reiterated that his political engagement is driven by national interest rather than personal ambition.
“I am not desperate to be President, Vice President or Senate President. I am desperate to see a Nigeria where people can live in dignity, without hunger, fear, or displacement,” he had said.
His latest appeal to NDC members underscores concerns among opposition figures about the destabilising impact of intra-party litigation, as they attempt to build a cohesive platform capable of challenging the ruling party in the next general elections.
He said the deal is expected to pave the way for a Technical Equity Partnership (TEP) aimed at completing ongoing rehabilitation works and ensuring efficient operations of the refineries.
The MoU was executed in Jiaxing City, China, on April 30, 2026, by NNPC’s Group Chief Executive Officer, Bashir Bayo Ojulari, alongside the Chairman of Sanjiang Chemical Company, Guan Jianzhong, and Chairman of Xingcheng Industrial Park Operation and Management Co. Ltd, Bill Bi.
Under the proposed arrangement, the Chinese partners will support the completion of outstanding rehabilitation work at both facilities and take part in their operation and maintenance to achieve sustainable performance.
The partnership will also explore the expansion and upgrade of the refineries to meet cleaner fuel standards, improve profitability and boost petrochemical production capacity. It is further expected to support the development of gas-based industrial hubs around the facilities.
Speaking after the signing, Ojulari described the agreement as a major milestone following months of negotiations.
“All parties recognise mutually beneficial opportunities for the development and long-term sustainability of NNPC’s refining assets,” he said.
He added that the MoU represents a key step toward securing technical partners for the rehabilitation and expansion of the country’s refineries, while also unlocking opportunities in petrochemicals and gas-based industries.
Ojulari, however, noted that the agreement is non-binding and subject to regulatory approvals and further negotiations.
The rehabilitation of the Port Harcourt Refining Company was approved in 2021 at an estimated cost of $1.5 billion, with contracts awarded to Italy’s Saipem and other partners to restore its capacity of 210,000 barrels per day.
Similarly, the Warri Refining and Petrochemical Company is undergoing rehabilitation under a contract valued at about $897 million, aimed at reviving its 125,000 barrels per day capacity and integrating petrochemical production.
Both projects form part of NNPC’s broader strategy to reduce Nigeria’s reliance on imported petroleum products.
The Port Harcourt refinery had briefly resumed operations in late 2024 after years of inactivity but was later shut down due to operational and financial challenges.
A powerful homily on Abraham, family covenant, generational purpose, unity, faith, and the work of God. Exploring how families, shared vision, and covenant shape destiny, legacy, and spiritual continuity across generations.
