Skip to main content

Tinubu’s Spending Spree: Why Nigerians Are Paying the Price for Extravagance

President Bola Ahmad Tinubu, I Totally Disagree with Your Claim of Inheriting a Dilapidated Nigeria from Former President Muhammadu Buhari: Here's Why



President Bola Ahmad Tinubu has publicly stated that he inherited a "dilapidated" Nigeria from the previous administration led by President Muhammadu Buhari. However, the actions and spending patterns of the current government contradict this narrative. Here are the reasons why I strongly disagree with President Tinubu's claim:


 EXTRAVAGANT PUBLIC SPENDING UNDER YOUR ADMINISTRATION



1. Vice President's Residence Renovation - ₦21 Billion
   How does one justify spending ₦21 billion on renovating the Vice President's residence if the country is indeed in a dire economic state?

2. National Assembly SUVs - ₦70 Billion 
   The government allocated ₦70 billion for National Assembly members to purchase SUVs, each costing ₦160 million. This raises the question: is this the best use of public funds?



3. Renovation of Dodan Barracks and Aguda House - ₦7 Billion
   ₦4 billion has been allocated for renovating Dodan Barracks in Lagos and another ₦3 billion for Aguda House. How does this spending align with the narrative of a struggling economy?


4. Presidential Tax Reforms Committee - ₦5 Billion
   The Presidential Tax Reforms Committee, headed by Taiwo Oyedele, received ₦5 billion, yet there is little to show for this expenditure.


5. First Lady’s Cars - ₦1.5 Billion 
   ₦1.5 billion was spent on cars for the First Lady, Senator Oluremi Tinubu, despite the fact that the office of the First Lady is not constitutionally recognized.

6. Judges’ Salary Increase - 300%
   A 300% salary increase for judges was swiftly passed by the Senate, despite the financial strain on the country.

7. Presidential Fleet - ₦5 Billion
   Another ₦5 billion has been budgeted for the presidential fleet, while billions more are allocated for the purchase of a presidential yacht.

8. Luxury Travel Expenses
   Billions of naira have been budgeted for the travels of both the President and Vice President, further straining public funds.

9. National Assembly Salaries  
   Senators are paid ₦21 million monthly, while House of Representatives members earn ₦13.5 million monthly. These increases have occurred under your government.


QUESTIONABLE CONTRACTS AND APPOINTMENTS

1. Illegal Road Contract - ₦15 Trillion  
   The Lagos-Calabar coastal road contract, worth ₦15 trillion, was allegedly awarded to your friend, Lebanese national Gilbert Chagoury, under questionable circumstances.


2. Bloated Cabinet  
   Your administration has the largest number of ministers in Nigeria's history, which raises concerns about the source of funds to sustain such a large cabinet.


3. Creation of the Ministry of Livestock Development 
   You created a new Ministry of Livestock Development, despite the existence of recommendations from the Oronsaye Report, which advised downsizing and merging government agencies.


WHERE ARE THE SUBSIDY SAVINGS?

The government removed subsidies on petroleum products and electricity, yet Nigerians have seen no tangible benefits from these savings. Citizens are demanding transparency: how much has been saved, and where is this money being spent?



 THE BURDEN ON ORDINARY NIGERIANS

  • Fuel Subsidy Removal
  • Electricity Tariff Hike
  • Unaffordable Education
  • Unaffordable Health Services
  • Soaring Food Prices
  • Increased Insecurity and Unemployment
  • Legalized Corruption and Nepotism
While the cost of governance has increased significantly under your administration, the Nigerian people have been left to bear the brunt of these economic challenges. The promises of "Renewed Hope" seem far from being realized, replaced instead with hopelessness, destitution, and deception.



 The Widening Gap Between Leaders and Citizens

As the leaders continue to enrich themselves, the average Nigerian becomes poorer. The transformation of President Tinubu, both physically and financially, stands in stark contrast to the deteriorating conditions of the citizens. This trend of insensitive leadership and reckless spending must be arrested.
TRENDING GIST:

Comments

Post a Comment

Popular posts from this blog

Preventive Healthcare in Oyo State: The Urgent Need for More Environmental Health Officers in the state

Prevention is Better and Cheaper than Cure: Why Oyo State Needs More Environmental Health Officers for a Healthier Life Building a Healthier Future: Why Oyo State Needs More Environmental Health Officers In recent years, the concept of preventive healthcare has gained significant attention, particularly in developing regions like Oyo State. The saying "prevention is better than cure" has never been more relevant. As diseases and environmental hazards continue to evolve, the need for proactive approaches to health has become essential. One of the most effective ways to achieve this is by strengthening the presence of Environmental Health Officers (EHOs) in Oyo State.   The Role of Environmental Health Officers Environmental Health Officers play a critical role in safeguarding public health. They are trained professionals responsible for ensuring that environments—both urban and rural—are free from hazards that can compromise the health of residents. Their duties range from ins...
Post a Comment
Read more

Oluyole Constituency Road Project Faces Criticism as Residents Share Evidence of Delays

Construction of Odo-Ona Elewe Road Flagged Off, but Residents Claim Otherwise Road construction flag off in 2020 The long-anticipated construction of the Odo-Ona Elewe-Idi-Iroko-Olugbemi Adewole (Liberty Academy) Road in Oluyole Federal Constituency, Oyo State , was officially flagged off on the 15th of April, 2020. This announcement came via Team #TASK on the official Instagram page of Hon. Tolulope Akande-Sadipe, a member of the Federal House of Representatives, representing the Oluyole constituency. According to Team TASK , the project is being carried out by the Federal Roads Maintenance Agency ( FERMA ) in partnership with MESSRS NDAGRE NIGERIA LIMITED . The project, when completed, is expected to significantly improve road access for residents and boost economic activities in the area. Present Situation of the Road However, despite this official announcement, some residents in the area have voiced concerns over the status of the road project. They claim that the road remains unfi...
Post a Comment
Read more

Oyo SUBEB Unveils Names of Newly Recruited Teachers and Caregivers

SUBEB has officially released the names of 5,600 newly recruited primary school teachers and 80 caregivers. The Oyo State Universal Basic Education Board (SUBEB) has officially released the names of 5,600 newly recruited primary school teachers and 80 caregivers, marking a significant milestone in the state's educational reforms. Speaking in Ibadan, SUBEB Chairman Dr. Nureni Aderemi Adeniran disclosed that the recruitment list received full approval from Governor Seyi Makinde. The first batch of successful applicants emerged from a recent recruitment exercise conducted by OYOSUBEB. To check their status, applicants are advised to visit the job portal at www.jobportal.oyostate.gov.ng . According to Dr. Adeniran, the list will be available on the portal starting Saturday, November 23, 2024. The newly engaged teachers and caregivers will undergo a verification exercise at the Board's headquarters, with dates and other relevant details to be announced soon. Dr. Adeniran emphasized...
Post a Comment
Read more