Lower your expectations. I don’t belong
Lagos, Nigeria
Joined September 2015
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TADIR🧞 retweeted
She is running for president in France
You heard it here first
I will be leaving the @ECB in February 2027 because I want to have the freedom of speech, the freedom of expression, and the freedom to engage on matters that are not monetary policy matters.
TADIR🧞 retweeted
1. Which project(s) are these “containers” for? NIPP? Without proper audit, we may just be releasing scrap.
2. Control cards, Electronics, relays, capacitors, VTs, CTs and other power engineering equipment from 20years ago, if not obsolete, firmware will be outdated and mostly useless.
3. These things require climate control storage systems and not containers that have been under scorching sun and rain.
3. About 13 years ago, I was called into an effort to get some stranded power equipment released, inspected and certify for use. It all died down after some time with no tailwind
4. At this point, it is too late IMHO!
This is one thing that Yar Adua government got wrong.
President Tinubu directs urgent clearance of over 300 containers of stranded electricity equipment, some held at ports for 20 years.
arise.tv/tinubu-orders-relea…
TADIR🧞 retweeted
Export controls is not what makes you a hegemon. What is the basis of the export controls on Japan? Does Japan export to every one freely? Have they not had export controls on other countries including China? Do they want to also be a hegemon? Nigeria restricts trade within West Africa here, Are we a hegemon?
Anything you see China doing can be directly linked to what it deems as interference into its internal affairs, keyword “internal” not external interests.
Based on the trade China does with Nigeria and the rest of Africa today, if they wanted to interfere in our January elections, they have the leverage to back a candidate - financially, diplomatically or otherwise. In Brazil where elections just concluded and where China has a lot of business interests and leverage, did you hear of any Chinese interference? But you saw American politicians widely interested in Bolsonaro, and granting him and his family visas to escape prosecution.
That is hegemony. China, today, is already powerful enough to try to decide the fate and/or political direction of many countries, that they’re not already doing it tells you that they have different priorities.
The world has rarely been under a hegemony, and it won’t be after the U.S. world order is fully broken, it’s that simple
"China does not want to be a hegemon..."
Meanwhile they weaponise their markets and technology like crazy. They've had export controls targeted at the Japanese and Koreans for as long as possible, block out access to their markets and prevent technology transfer to developing countries.
Meanwhile they've been milking developing status under the most favoured nation clause.
TADIR🧞 retweeted
Dangote Cement Q3 2026 Results
The management has stopped disclosing volume data. It appears they don't want y'all probing their volume and pricing dynamics.
Revenue growth remained double-digit in Q3 2026.
In Q2 2026, when revenue grew by 22% y/y, volume grew by 10% y/y, while average pricing increased by 11% y/y.
In Q1 2026, when revenue grew by 20% y/y, volume grew by 14% y/y, while average pricing grew by 6% y/y.
After the recent 10% price gain over two consecutive trading days, Dangote Cement currently trades at 17x, with an ROA of 23% and ROE of 55%. Strong.
#NGXQ32026Results_
TADIR🧞 retweeted
Today, I flagged off the enforcement of Executive Order EO/BOS/01 of 2024 and unveiled the Lagos Private Health Plans (LPHP), which will extend health insurance coverage to salaried workers and corporate organisations, complementing our existing Ilera Eko scheme for vulnerable residents and those in the informal sector.
Healthcare costs are rising rapidly and relying on cash payments when an emergency strikes simply does not work. We are changing that system today so that quality care is accessible to all without putting your life savings at risk.
We are giving every resident until December 31, 2026, to get covered, with formal enforcement beginning on January 1, 2027. While our Ilera Eko scheme continues to protect vulnerable citizens and workers in the informal sector, we have introduced the Lagos Private Health Plans to serve corporate organizations and salaried employees. Twenty-one HMOs have already joined us as partners to expand this coverage across the private sector.
To ensure no one is left behind, we tripled our Health Equity Fund from ₦1 billion to ₦3 billion. This allows us to pay premiums directly for over 500,000 residents who cannot afford insurance on their own.
We are also setting a firm boundary for all healthcare providers, no hospital in Lagos is permitted to turn away anyone needing emergency care due to financial constraints. Patients must be stabilized first before any payment or insurance details are discussed.
To our business owners and employers, employee healthcare is not an optional extra, it is a mandatory responsibility just like pensions. To our doctors and medical professionals, strengthening our healthcare financing builds the solid foundation we need to keep your talents right here at home.
We are protecting families from the burden of unexpected medical bills, helping more people seek care when they need it and building a healthcare system that works for everyone.
No one should have to choose between getting medical care and protecting their household finances. This is how we build a healthier Lagos where quality healthcare is accessible, affordable and within everyone’s reach.
TADIR🧞 retweeted
What does the National Social Register (NSR) look like as of October 2026?
🏠 21,114,531 households registered
👥 83,162,654 individuals recorded
🪪 15,653,374 verified NIN records
📍 37 states and 771 LGAs covered by the NIN Drive
These figures highlight the scale of the NSR and ongoing efforts to strengthen the linkage between social register records and national identification.
People. Data. Opportunities. A Stronger, Fairer Nigeria.
#NASSCO #NSRAtAGlance #NINDrive #SocialProtection
TADIR🧞 retweeted
A lot of the arguments against NELFUND are class based, whether people realise it or not. People are looking at the issue from the perspective of those who can afford to pay tuition without necessarily considering what that same amount means to a family living on a much tighter income. Many Nigerian public uni students are actually from the lower income or lower middle class who will struggle to even pay a small tuition.
100,000 might seem like a relatively modest university fee to some people. But for another family, that could be the difference between their child continuing their education and having to drop out.
A study of 1,707 students in tertiary institutions across Rivers State found that 39.4% came from lower class families, while another 7.6% came from lower middle class families. That is 47% of the entire sample. Another 45.9% declined to disclose their family income classification. Even with that large number of undisclosed responses, the figures show that students from lower income backgrounds make up a substantial part of the population in tertiary institutions.
Another study involving 1,526 undergraduates in southwestern Nigeria found that 32.9% of students sampled from federal universities fell into the lower income category. The figure was 26.2% for state universities. Only 30.5% of the federal university sample and 39.5% of the state university sample were classified as high income. The equivalent high income figure for private university students was 79.4%.
My point is not every parent can produce 100k whenever tuition is due. For some families, paying school fees means sacrificing other essential expenses, borrowing money or struggling for months to raise the amount.
AGREED 👍
Ours also was increased, but then, when I was in 200L and our fee was still 127k, two of my guys still took LOA because they couldn’t afford to pay.
No matter how you want to put it, NELFUND loan relieved a lot of parents. Some parents have 3 to 4 children in UNI. They don’t have to worry about where the next tuition fee is coming from.
I’m not supporting TINUBU. I’m just saying he really made a great impact on education.
Students no longer have reasons to drop out now that the fee is even higher, but thousands of students still dropped out when it was affordable.
TADIR🧞 retweeted
This is one of the benefits of having fewer parties on either side of the political divide.
The right essentially only has 2 parties (progressive conservatives & conservatives are essentially the same party).
The left continues splitting their votes & losing elections 😁
TADIR🧞 retweeted
It used to be 45% Oil Derivative from 1970-1979, it was Obasanjo that upturned it.
In 1970 the federal government adopted a compromise position. Oil-producing states were to split 45 percent of the total revenues based on the concept of derivation....
TADIR🧞 retweeted
@taiwoyedele FYI
South Africa is set to adopt a fiscal anchor to keep its debt in check bloomberg.com/news/newslette…
TADIR🧞 retweeted
Let me tell you something quickly. The Nigerian FG debt rose from ₦10trn in June 2015 to ₦152trn in June 2026. In 11 years, the debt size expanded by 15x.
This is why I laugh at the funny talk about “oil prices collapsed” and the “there was COVID” narrative that some people trot out when I talk about how badly the economy was run during that period.
“Oil prices collapsed”, and so? The best you can say is revenue tanked and FX earnings dropped. Okay, yes, they are valid, but did the FG try to borrow money to plug the gap, and they didn’t get it? Or did they try to implement policies aimed at boosting other sources of FX supply and someone blocked them?
Six months of ministerial delay, refusal to tweak monetary policy (after several warnings by the then MPC), the border closure, the deliberate decision to haemorrhage the financial markets. All of those were nothing, clearly. They were surely “oil price crash and COVID”.
Anyway, I digress.
TADIR🧞 retweeted
A lot to unpack here.
The FG did grow revenue by more than 100% to ₦6.2trn (from ₦3.6trn). The increase came from higher oil receipts and stronger tax collections.
But interest payments on debt stood at ₦7.7trn, therefore, gulping the entire revenue generated.
The FG spent ₦16.1trn. This means that, aside from interest payments on debt, the FG spent ₦8.4trn on other activities (i.e., recurring and capex).
Of the ₦8.4trn allocated to other activities, ₦700bn went to capital expenditure, while the rest went to recurrent expenditure (including payrolls and overheads).
In effect, fresh borrowings of ₦7.7trn were spent on recurrent expenditure.
If I wanted to be “mischievous”, I’d have said ₦7.7trn was borrowed to pay salaries (which is not false, by the way). But I won’t do that. That’s not my objective.
So in summary, the government is fetching water into a “basket”. The harder they work to “make things happen”, the more the ghost of the past haunts.
And from the looks of things, this may be the best the FG can do. But the jury is out.
World Bank: Nigeria’s debt interest payments rose to N7trn in H1 2026 — gulping over 100% of revenue
Nigeria’s interest payments rose to N7.7 trillion in the first half of 2026, from N5.6 trillion in the corresponding period of 2025, amid high domestic borrowing costs, according to the World Bank.
The interest payment gulped 124.19 percent of the federal government revenue.
In its 2026 Nigeria Development Update (NDU) titled ‘Beyond the Federal Purse: How Higher Revenues Reshaped State Priorities,’ the bank said interest payments increased to 3.1 percent of gross domestic product (GDP) from 2.5 percent a year earlier.
thecable.ng/world-bank-niger…
TADIR🧞 retweeted
In this short, 10-paragraph article, I express my displeasure that Nigeria’s political elite have yet to exorcise the demons of petroleum subsidies.
medium.com/@ChampagneDT/dear…
TADIR🧞 retweeted
You don’t have anything with the change of plans and all, na cos say they no wait till after elections dy vex you 😂
This was poor timing from the presidency on this announcement.
Why exactly couldn’t it wait till January ending at least?
Unless there’s something bigger at play and it couldn’t wait.
Opposition go too milk am.
Things like this is why I say I’m still neutral this election.
All the candidates get their own for Bodi.
There’s none that won’t stain your white.
But some yeye people think say na because I dey fear dem. What exactly will your father do if I wear Tinubu cap tomorrow?
Wetin una don do the other people wey don declare, wey go come make me dey fear?
Mstchew
TADIR🧞 retweeted
Na @atiku make mistake call him proposal “production subsidy”!
He could have saved all of us a lot of headache by just saying NNPCL will offer refineries a promo discount of $66/bbl on crude oil purchases. That way, no one can call his proposal a subsidy!!
#DiscountIsNotSubsidy
TADIR🧞 retweeted
This is very good
The state of the world in one chart.
🇪🇺 Europe represses wages and exports its savings: that's the "Europoor" phenomenon.
🇺🇸 America turns European savings into soaring tech valuations: that's the AI bubble.
🇨🇳 China builds the factories and floods the world with cheap goods: that's involution.
And each loop feeds the next.
More here: ardenletter.com/p/the-wests-…
