A PACKAGE OF TINUBU’S MID-TERM LIES – NIGERIA’S ECONOMY IS NOT WORKING!

   ZION B-BC

 NEWSLETTER.   

 

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 14. NO 606 1st June 2025} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

A PACKAGE OF TINUBU’S MID-TERM LIES – NIGERIA’S ECONOMY IS NOT WORKING!

The All Progressives Congress’ (APC), Re-newed Hope Agenda of Bola Tinubu’s Administration is the proverbial Ostrich that buries only its head in the sand and feels safe!

Alhaji Tinubu has scored himself high for embarking on a program of economic suicide from inauguration in 2023, in spite of the very glaring indices that speak otherwise!

Having surrounded himself with surrogates who falsify economic figures contrary to realities on ground he gleefully told Nigerians in his Mid-term broadcast that his economic agenda is working!

Alhaji Tinubu, is a Capitalist who benefits from tasking masses of people with multiple taxes that would keep them in perpetual slavery for generations!

His impetuous declaration of subsidy removal, forex market merger, increased electricity tariff taxes and the Naira Float in an economy devoid of heavy manufacturing base, were succinct Western Powers’ baits from World Bank and International Monetary Fund (IMF), which he swallowed hook, line and sinker just like Babangida’s failed Structural Adjustment Program (SAP), of 1986!

SAP had never worked for any developing nation, but had instead further impoverished the population! Former military President Ibrahim Babangida in his memoirs launched recently regretted falling for the bait!

HOW CAN ANY ECONOMY PROSPER IN AN ENVIRONMENT OF INSECURITY!

President Tinubu devoted several paragraphs of his self-serving speech to prove that his inaugural day pronouncements had yielded lots of dividends but deliberately failed to mention that over 10,000 innocent Nigerians were killed in his two-year tenure as exposed in a very detailed report by Amnesty International!

EXCERPTS FROM PRESIDENT TINUBU’S VERY INSENSITIVE BROADCAST!

“We are halfway through the journey that began 24 months ago. Today, May 29, 2025, offers our administration the opportunity to share again how far we have gone and our progress in steering our country along the critical path of socio-economic development.

“When we embarked on this journey, propelled by a burst of hope and abiding faith in Nigeria’s unity and progress, I made a pledge before God and fellow countrymen and women to confront Nigeria’s challenges head-on by rebuilding trust, fostering prosperity, and restoring our nation’s economic health.

“TODAY, I PROUDLY AFFIRM THAT OUR ECONOMIC REFORMS ARE WORKING.

“We are on course to building a greater, more economically stable nation.” 

THESE ARE BLATANT FALSEHOODS!

The President’s speech writers are mercenary journalists who are paid to carry out hatchet jobs.

1. Nigeria’s economic health is in comatose and Tinubu’s 29th May 2023 obnoxious vituperations MUST BE REVERSED FOR THE MASSES TO GET A REPRIEVE AND HEAVEN WILL NOT FALL!

 Nigerian economy must be driven to provide credible dividends for its population.

The Chess Game of the neo-colonialist international organizations laced with hidden requirements is to further keep suffering citizens from any form of socio-economic gains.

For instance the national wage increase agreement of N70 thousand naira with Labor Unions is mere paper tiger! 

Many States still struggle to pay N30 thousand which is consumed in transportation alone.

2. From the beginning of Alhaji Tinubu’s economic suicidal adventure, prices of goods and services which skyrocketed outrageously in the past TWO YEARS had worsened without solution in sight.

(a) In spite of Dangote Petroleum Refineries products debut, fuel still sells for an average of N1, 000 naira across Nigeria!

(b) The much-celebrated re-vamped Federal Government’s Port-Harcourt’s and Warri Refineries have turned out to be institutional deceits of Bola Tinubu’s Administration because the whole exercise which gulped over USD$3 million dollars turned out to be a fluke!

(c) The insignificant Condensed Natural Gas (CNG) Buses claimed to have been rolled out for public transportation in the Federal Capital Territory (FCT), Abuja, have all been grounded as they had no CNG Stations to re-gas while private transporters keep fleecing commuters.

(d) The depreciated Naira still exchanges for N1, 600 to One US Dollar but Alhaji’s writers claim it depreciated to N1, 400 naira.

And whereas Foreign Exchange rate in May 2023 was NGN 460,702 to 1USD$! 

(d) Food inflation is at an all time high of between 300-450%, depending on the product in question.

(e) Fiscal inflation according to Tinubu’s many spokesmen is 24% which is far from reality – the forex rate has punctured their lies!

(f) International Crude oil prices had drastically gone down to about USD 60 dollars due to several  prevailing factors of wars and various natural disasters, but the Tinubu 2025 Budgeted figure for Crude barrels per day (bpd), figure still remains N75!

(g) The President claims he has paid off WB and IMF Loans of USD$ 3.4 billion dollars and yet he is requesting approval of the Rubber Stamp 10th National Assembly to borrow a total amount of USD21.5 billion dollars and NGN758 billion naira from foreign and domestic sources to still execute his budget – possibly to pay politicians salaries and allowances in addition to their annual Treasury lootings through Budget Paddings!

But he claims the loans were to mitigate growing infrastructural deficit due to petroleum subsidy removal in the areas of Agriculture, Health, Education, Employment etc, and a domestic bond for payment of outstanding Pensions Bond Arrears. 

When approved, Nigeria’s loan indebtedness will skyrocket from NGN144.67 trillion to NGN183 trillion naira in 2026 and attract heavy annual debt-servicing to produce another deficit budget!

 QUESTION: What happened to the NGN 21 trillion naira saved as Subsidy Removal from June 2023 to May 2025 Mr. President?

IN THE MIDST OF ALL THESE SELF-INFLICTED CHALLENGES, ALHAJI TINUBU FAILED TO ADDRESS THE ROOT CAUSE OF UNGOVERNED SPACES IN NIGERIA!

Below is an abridged Amnesty International (AI) Report corroborated by Human Rights Groups across the nation!

Over 10,000 people killed across Nigeria in Tinubu’s first two years as president – Amnesty International. Press Release: May 28 2025.

There is a mounting death toll and looming humanitarian crisis amid unchecked attacks by armed groups.

*At least 10,217 people killed in two years since government took power

*Over 6,896 killed in Benue, at least 2,630 killed in Plateau

*672 villages sacked by bandits in three states.

The Nigerian authorities’ shocking failure to protect lives and property from daily attacks by armed groups and bandits has cost thousands of lives and created a potential humanitarian crisis across many northern states, said Amnesty International.

BENUE STATE accounts for the highest death toll of 6,896, followed by Plateau State, where 2,630 people were killed according to the report in  two years of President Bola Tinubu’s government while new armed groups have emerged, including Lakurawa in Sokoto and KebbiStates, and Mamuda in Kwara State.

MOUNTING DEATH TOLL!

“Since 29 May 2023, hundreds of people have been killed in rural areas where, our research since 2020 shows, a TOTAL ABSENCE OF GOVERNANCE has given gunmen and criminal groups a free hand to commit atrocities.

Our investigation verified the killing of over 294 people in KATSINA STATE and documented the abduction of 306 people, mostly women and girls, between May 2023 and May 2025.

In ZAMFARA STATE, during the same period, over 273 people were killed, 467 people abducted while 529 villages are under their control across 13 Local Governments Areas.

Maru Local Government Area also witnessed escalating attacks, including one on a mining site at Gobirawar Chali on 24 April 2025, in which over 20 miners were killed. 

The emergence of Lakurawa opened a new frontier of bloodshed in KEBBI STATE, where at least 70 people were killed in 22 attacks.

IMPUNITY IN BENUE  AND  PLATEAU!

The attacks in Benue and Plateau states were particularly vicious. During the 3rd April 2025 attack on Bokkos local government of Plateau State, many people, including children and entire families, were brutally killed. 

In BENUE STATE, the gunmen ensured that after killing people, they also destroyed boreholes, clinics and schools. 

Amnesty International’s findings show that all of the 23 local government areas of Benue State suffered such attacks but were more frequent on Ukum, Logo, Katsina-Ala, Gwer West, Gwer East, Apa and Agatu where over 148 villages were rampaged by gunmen across seven local governments of the State.

PLATEAU STATE: Armed herders carried out 38 attacks while bandits ransacked at least 43 villages in four local government areas. 

Between 27th March and 2nd April 2025, coordinated attacks took place against five communities: Daffo, Gwande, Hurti, Manguna, and Ruwi in Bokkos local government with resultant heavy casualties.

Amnesty International Nigeria has been monitoring the banditry attacks and clashes by herders and farmers since 2016 and, in 2020, investigated the authorities’ failure to protect rural communities from attacks. AND YET ALHAJI TINUBU SAYS ALL IS WELL!

All of the above abominable destruction of lives and property would never have occurred in a ONE HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT – which enables Citizens to be gainfully employed and eschews any form of corruption in governance!

THE BALL IS IN THE COURT OF THE PATRIOTS AND #END BAD GOVERNANCE PROTESTERS WHO MUST UNITE TO RESCUE NIGERIA FROM THESE ECONOMIC PREDATORS!

“With God, all things are possible.”

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!

I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.