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Devil dey learn work where these people dey. This video will tell you everything you need to know about Nigeria's current economic problems under this administration. Carrying over the 2024 budget to 2026, whereas they've borrowed for 2026 upfront and have spent it.
298,093 views • 9 months ago •via X (Twitter)
41 Comments

They claimed to have saved money from Subsidy removal. Can they account for where the money is? Can they also specify what have they been spent on?

Fiscal recklessness and economic sabotage. You borrow tomorrow’s money, spend it today, and drag yesterday’s budget forward.

Rolling over budgets isn’t reform, it’s proof that planning has failed. Borrowing against the future, spending it, then surviving on recycled budgets simply shifts today’s failures to citizens. Inflation and hardship aren’t accidental, they’re consequences. This isn’t politics, it’s intergenerational debt with no intergenerational benefit.

That's a sign of banckrupcy

not just financial, but institutional.

Incompetence and Economic sabotage!!! Running multiple budget cycles (2024, 2025 and 2026 in-lieu), all at the same time, after borrowing ahead and spending recurrent expecditure upfront. I have never seen it happen anywhere in the woorld.

Cho cho cho all the time... You claimed to have met and surpased your revenue target but you've borrowed more than any other government in Nigeria's history. No be juju be that...

Half the people seated here cannot follow the conversation or what he is saying. Neither do they understand what is happening. They just wear expensive clothes, and are happy to be in the halls of power. Like they are under a spell. Omo!

Ah😭 This isn’t incompetence anymore; it is fiscal recklessness. Borrow tomorrow’s money, spend it today, and drag yesterday’s budget forward. Then we wonder why the economy is struggling. Running multiple budget cycles at once after borrowing ahead is a clear recipe for economic instability.

You captured it succintly

When a govt chooses propaganda, lies and deception, they potentially lose the trust of the people. That's what has happened here.

Nigeria was finished 10years ago.

It's more obvious now

This babe just tire! 😪

They have looted all the money

The treasury is empty and dry

This country is a zoo

So if I get this correct, one year revenue escaped some how, I can’t recall we skipped 2023 to 2025, where is 2024 revenue, why is 2025 used to fund 2024

See the people at the helm of affairs of Nigeria pressing phone.

Abracadabra Economics. The more you look...

The government should be grateful to Dangote. His refinery has closed a major gap in capital flight; without it, Nigeria’s situation would have been much worse.

Fear Nigeria leaders ( looters)

So technically, BAT administration hasn't successfully implemented any FY budget, except 2023 which was inherited. Truly, this screams of poor planning and scheme to steal public funds. Bcus tell me why we are still rolling over 2024 budget despite the heavy borrowings?

This is why I'm against working so hard and giving my hard-earned money to these people in the name of paying taxes. Thank God there are legal ways of avoiding tax. Get your own copy of the tax avoidance document and protect your money:

I am not a finance person, but I know that rolling over '24 budget to '26 is not right and portrays poor planning n management. So we were running two budgets in '25, yet we daily see huge figures of borrowing without any meaningful improvements to the lives of the citizens.

I have to watch the video and then look at your profile. My conclusion is that you are naive and ignorance on this.. you can visit LSE this week and book a day with a prof there to interpret the video to you.

More loan More tax 2027 election Any other thing no concern Tinubu

They've borrowed our children's future, they are now in our children's children

It’s obvious, even to the blind that they’ve been overspending from scarce resources. Instead of them to make economic policies that will cushion the cost of governance; they went on a spending spree and are now explaining huge deficits. We’re in 2025 but we’ve already finished spending 2026 pocket money. Omo! By the time this president finish with Naija money eh, body go tell us.

Where is the revenue for 2024? Where are the subsidy savings?

section 82 of the 1999 Nigeria constitution if the budget isn't passed by the new financial year, to authorize spending from the Consolidated Revenue Fund for up to six months. This review allow them steal as they like, that's why you can't fine governor will not love Tinubu

This is the height of fiscal indiscipline. Only 30% of 2025 capital budget funded, yet we're rolling over trillions to 2026 while debt balloons to ₦152 trillion. Where are the trillions saved from fuel subsidy removal? Record borrowing, zero accountability, and Nigerians are paying with hunger and inflation.

The body language says it all.

Just speaking many jargons and saying nothing is always their MO

You're mis informing people. people need to be conscious of people like you

Jesus have mercy

Everyone is looting. Wike bought 3 houses in Florida and other properties in Nigeria within 24 months of this administration. Imagine what others are doing. If nothing is done next year, there will be no Nigeria in 2027

Tinubu govt have paid internet boys that always claim that Nigeria has been healed from her 20yrs sickness. The coast is becoming clearer. They borrow money to implement the budget but never did. 2024 and 2025 rolled to 2026.

With all these issues, Farouk still used $5m for school fees for his kids alone! Nah! There'll be no ceasefire. We must get to the root of that matter.

This is, quite frankly, staggering. An abject failure of leadership and competence. Carrying a 2024 budget into 2026 is not policy; it is fiscal recklessness of the highest order. Ironically, this same administration created a Ministry of Budget and Fiscal Planning, yet has delivered the worst record of planning, transparency, and discipline in recent history. Nothing is clear, nothing is coherent, and everything is shrouded in secrecy. Public officials issue contradictory claims without shame. On fiscal credibility alone, this administration has exhausted whatever benefit of doubt it had left. What we see instead is propaganda replacing data, confusion replacing strategy, and incompetence masquerading as leadership.

As students dey get carry over for school government dey get carry over for state affairs. Budget dey roll over like roll over anticline.


