ZION
B-BC
NEWSLETTER.
A Publication of the Zion Faith
Bible-Believing Church Kpeyegyi Abuja Nigeria.
{Vol. 14. NO 616
10th August 2025} “…ONLY The Truth, Will Set You Free! (John.8:32).
PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!
FUEL SUBSIDY REMOVAL WAS TASKMASTER’S INSURANCE FOR
TWO TERMS!
Item ten of Tinubu’s
Manifesto during the 2023 Presidential Campaign emphatically emphasized priority
to, “establish a bold and assertive policy that will create a strong yet
adaptive national security architecture and action to obliterate terror,
kidnapping, banditry, and all other forms of violent extremism from the face of
our nation.”
Fifteen months into
office INSECURITY ESCALATED in outrageous proportions and over 10.000 people
were killed, larger numbers injured while multiple thousands are languishing in
Internally Displaced Camps across the country!
The escalation of
insecurity is traceable to the deliberate removal of fuel subsidy on 29th
May 2023, by the Judiciary -proclaimed winner with the clandestine aim of:
1) SECURING SURE SUPPLY OF MONIES FROM SUBSIDY SAVINGS TO
BRIBE STATE GOVERNORS AND ENSURE THEIR UNALLOYED SUPPORT FOR A SECOND TERM!
2) ALSO TO LURE MASSES SUPPORT THROUGH REGULAR DONATIONS IN
TIMES OF REGULAR DISASTERS WHICH WERE FALLOUTS OF THE SUBSIDY REMOVAL – NOT
HINGED ON ANY FORM OF PALLIATIVE STRUCTURES!
3) TINUBU IS ROBBING PETER TO PAY PAUL AND IT IS VERY
UNACCEPTABLE!
The strategy of Alhaji
was akin to that of the Egyptian Task Master who squeezed sweat and blood out
of unfortunate Israeli Captives to build his Empire! (Exodus 5:6-9).
In the Bible,
particularly in the book of Exodus, “taskmasters” refer to Egyptian officials
appointed by Pharaoh to oppress the Israelites through forced labor.
They were responsible
for ensuring the Israelites met their quotas in building projects, such as the
cities of Pithom and Rameses and their harsh treatment and excessive demands
contributed significantly to the Israelites’ suffering and their cries for deliverance.
BOLA TINUBU’S POLITICAL
GAME PLAN IS IDENTICAL TO PHARAOH’S WHO MUST KEEP THE PEOPLE IN SERVITUDE TO
PERPETUATE AUTHORITY!
1) He has been an active politician as Executive Governor of
Lagos State (1999-2007), the ruling All Progressives Congress Leader
(2015-2023), and now Executive President of Nigeria (2023-2025) – positions
that gave him absolute administrative knowledge for positive governance.
2) As an acclaimed “CHICAGO ACCOUNTANT”, he held sway over the
Lagos State’s Economy through a massive TAX REGIME in spite of President
Obasanjo’s 3-year-blockage of his State’s Federal Revenue Allocations.
3) He has now applied
the same strategy as President through a
cleverly – manipulated FOUR PRESIDENTIAL TAX REFORM BILLS TO BE FORCED ON THE
MASSES – effective from 1st January 2026 – in spite of massive
objections!
4) In the meantime, Alhaji and his Wife Remi Tinubu have been
deceiving the entire Citizenry through their manipulative RENEWED HOPE AGENDA
DONATIONS OF FUEL SUBSIDY SAVINGS IN TRILLIONS OF NAIRA!
5) AND IN ADDITION TO THE SUBSIDY SAVINGS INLAND REVENUE
TASKMASTERS WILL SWING INTO OPERATION FROM JANUARY 2026 TO ENFORCE THE NEW TAX
REGIME AND ENSURE THAT THERE WOULD BE MORE THAN SUFFICIENT FUNDS (FROM THE
SWEAT AND BLOOD OF THE DOWNTRODDEN), FOR HIM TO BULLDOZE HIS WAY INTO A SECOND
TERM!
6) ALTHOUGH HE PERSONALLY DISCLOSED THAT A WHOOPING SUM OF ONE
TRILLION NAIRA WOULD BE SAVED MONTHLY FROM THE SUBSIDY REMOVAL, HE HAS NEITHER GIVEN
ACCOUNT OF DISBURSEMENT NOR MONTHLY BALANCE OF THE SAVINGS!
7) MINISTER OF AVIATION
AND AEROSPACE, FESTUS KEYAMO RECENTLY DISCLOSED THAT THE SUM OF NGN712 BILLION
NAIRA FROM THE SUBSIDY SAVINGS WOULD BE DISBURSED TO RE-BUILD LAGOS AIRPORT!
(Maybe he is the Treasurer of the Special Account which Mr. President has kept
secret since June 2023)!
8) THE
TOTAL AMOUNT OF SUBSIDY SAVINGS FROM JUNE 2023-AUGUST 2025, SHOULD BE NGN14
TRILLION NAIRA! THIS AMOUNT COUPLED WITH INTENSIVE INTERNALLY GENERATED
REVENUES (IGRS), DEVOID OF INSTITUTIONAL EXTRAVAGANT EXPENDITURES, SHOULD KEEP
THE COUNTRY AFLOAT UNTIL A UNICAMERAL PARLIAMENTARY SYSTEM IS ESTABLISHED!
QUESTION:
Was it not high time Alhaji rendered account of stewardship of the Subsidy
Savings and STOP EMBARRASSING NIGERIANS WITH FOREIGN & LOCAL BORROWINGS?
COMMENTS:
*Two years as President, Tinubu’s
policies have set Nigerians back into the abyss of pain, agony, poverty,
catastrophic insecurity and seething anger among a population that has been
pushed beyond its limits!
*In spite of the fact that he was
knowledgeable of the agony of poverty in the land and the gargantuan insecurity
across the nation, he stubbornly refused to introduce the ONE HOUSE
(UNICAMERAL) PARLIAMENTARY SYSTEM OF GOVERNMENT THAT WOULD HAVE DOUSED
INSECURITY FROM THE ONSET!
* He totally forgot that he aggressively
demanded to become President through his political jingle of “Emi lokan”
(meaning it’s my turn), but has showed his true color of Pharaoh Oppression by
arbitrarily removing THE FUEL SUBSIDY on his inauguration day without a Cabinet
in place!
The primary role of the EGYPTIAN
TASKMASTER’S was to enforce the will of Pharaoh by imposing heavy labor quotas
on the Israelites. They were tasked with making the Israelites work harder,
even when they were deprived of essential materials like straw for
brick-making!
The Book of Exodus 5:6-9 details how
Pharaoh appointed taskmasters to “afflict them with burdens” and how the
taskmasters increased their workload by demanding the same number of bricks
despite the lack of straw.
PLEASE FIND BELOW EXTRACTS FROM THE
PUNCH EDITORIAL BOARD OPINION OF 9TH JULY 2025, WHICH BUTTRESSES OUR
ASSERTIONS!
Title: “Fuel Subsidy Windfall without
Impact.”
“When President Bola Tinubu ended the
fuel subsidy during his inauguration on May 29, 2023, it was hailed as a bold
and necessary step toward fiscal reform.
“The move promised to free trillions of
naira from an unsustainable subsidy regime, redirecting these funds to critical
sectors such as infrastructure, education, and healthcare that have long
suffered neglect.
“Nigerians were assured that this
sacrifice would translate into real, tangible improvements in their daily
lives.
“Yet, two years on, this promise remains
largely unfulfilled. Despite a historic surge in government revenues, the
average Nigerian has yet to feel the benefits.
“In 2024, the Federation Account
Allocation Committee distributed N28.78 trillion to the three tiers of
government, representing a 79 per cent increase from the previous year. This
was mainly due to the removal of fuel subsidies and adjustments in exchange
rate policies.
“State governments saw their allocations
jump by 45.5 per cent to N5.22 trillion. Even as recently as May 2025, monthly
distributions exceeded N1.6 trillion, marking a 72 per cent increase compared
to the same period two years earlier.
“Such an influx of funds should have
offered a once-in-a-generation opportunity for states to reset their
development priorities and invest in the foundations of growth.
“Instead, Nigerians continue to grapple
with dilapidated infrastructure, underfunded schools, inadequate healthcare,
and a worsening poverty crisis.
“According to a joint report by the
World Bank and Nigeria’s National Bureau of Statistics, over 129 million
Nigerians now live below the poverty line, an increase of 25 million in just
one year.
“The World Economic Forum’s 2024
rankings place Nigeria 130th out of 141 countries in infrastructure
quality, underscoring the yawning gap between resources and results.”
AND YET NIGERIA REMAINS A DEBTOR NATION!
Nigeria’s total public debt rose to
N149.39tn as of March 31, 2025, marking a year-on-year increase of N27.72tn or
22.8 per cent compared to the N121.67tn recorded in the corresponding period of
2024.
The figure, released by the Debt
Management Office on 8th August 2025, also reflects a
quarter-on-quarter increase of N4.72tn or 3.3 per cent from N144.67tn as at
December 31, 2024.
The persistent rise in debt stock is
attributed to new borrowings by the Federal Government and the depreciation of
the naira, which inflated the local currency value of external loans.
UBA SANI’S CAMARADERIE WITH TINUBU
BECAUSE OF SUBSIDY MONEY!
Media Reports confirmed Uba Sani’s
unalloyed loyalty and endorsement for continuity of TINUBU in 2027 whom he claimed
bailed his State out of bankruptcy through “large sums of money he appropriated
in over two years to revamp the economy, improve the security architecture and
re-develop Kaduna State!”
He says “Tinubu is the first Nigerian
leader to offer true and direct support to sub-national governments, especially
in the wake of economic hardship triggered by fuel subsidy removal”!
MRS. ONE BILLION NAIRA DONOR!
Wife of the President, Mrs Oluremi
Tinubu, has donated N12.9 billion in two years as “humanitarian gesture” to
mitigate the hardship and sufferings which her husband inflicted on over 200
million Citizens of Nigeria since 29th May 2023 through an arbitrary
fuel subsidy removal!
Her so-called philanthropy and
humanitarian donations which were carried out under the platform of her pet
project, the Renewed Hope Initiative (RHI), or in her personal capacity NO
DOUBT AMOUNTS TO LOCKING A GATE WHEN THE ANIMALS HAVE BOLTED!
Let us imagine that fuel subsidy was not
removed and Alhaji Tinubu who claimed to be part of the JUNE 12 ACTIVISM at
inauguration declared that he would begin the process of changing his
government into the ONE HOUSE PARLIAMENTARY SYSTEM, Nigeria’s Economy would
have become exceedingly buoyant and insecurity would have been at its minimal!
NOT GOVERNMENT MONEY!
Mrs Tinubu has consistently said that
the funds are not from government coffers but are sourced through her Renewed
Hope Initiative (RHI).
QUESTION: Are Donors to Remi’s RHI not
her husband’s contractors/cronies?
“OFFICE OF THE FIRST LADY HAS NO
CONSTITUTIONAL ALLOCATION.
Remi may claim that her pet project was a
personal venture but she is a public figure therefore subject to SCRUTINY AND
ACCOUNTABILITY!
“God cannot be deceived, whatever a man
sows, that he shall reap…..” (Galatians 6:7-9).
[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.
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