Tinubu's Scorecard: More Naira, Same Old Priorities?

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Abeg, make una come see this gist! The Ministry of Finance just dropped their reform scorecard, and my people, it's making me wonder about some things. Dem dey tell us that between June last year and December 2025, FGN go don generate a whopping N20.4 trillion in 'incremental resources'. N20.4 TRILLION! My head dey spin just thinking about that kind of money.

Now, for us wey dey follow the market, this kind news usually go make us feel like things are looking up, you know? More money for government should mean more stability, maybe even better infrastructure that could boost businesses and, by extension, the stock market. But then, the real question pops up: where is all this 'new' money actually going?

Because honestly, sometimes it feels like we're just recycling the same old problems, just with a bigger budget. Are we seeing significant shifts in how these resources are allocated? Are we really tackling the root causes of our economic wahala, or just patching things up as usual?

Let's be frank, even with this much money, price fit go down too if the underlying issues aren't addressed. For example, last week, we saw some mixed signals on the NGX. While some banks like Access Holdings and Zenith Bank were still attracting interest, the overall sentiment felt a bit cautious. Investors are always looking for clear signals of sustained growth and prudent spending from the government. If they don't see it, even a big N20.4 trillion figure might not inspire the kind of confidence we need for a real bullish run across the board.

Top 5 NGX Traded Stocks (Last Week's General Trend):

Company Volume (Approx.) Trend
Access Holdings High Mixed/Up
Zenith Bank High Mixed/Up
GTCO Medium Stable
UBA Medium Mixed
FBN Holdings Medium Mixed

These are just general observations, mind you, the market is very dynamic. But the point remains: we need to see how this 'new money' translates into actual economic policy that benefits everyone, not just a select few. Diversification is key, not just in our portfolios, but in our national priorities. If we keep doing the same things, we'll keep getting the same results, no matter how much money we throw at it. What do una think? Are we truly moving forward or just getting richer with old habits?

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N20.4 trillion, you say? My brother, that money fit build 20 brand new Lagos-Ibadan expressways. But then, you look around and the roads in my own constituency still be like say na moon craters.

It's good that government is generating more resources. That one no be lie. But the question many of us dey ask is: who exactly are these resources benefiting? Because if the allocation no change, if we no see significant investment in productive sectors, then we just dey increase the number for budget paper, while the common man still dey struggle to buy bread.

We hear of senators sending five children to schools abroad, yet their local government no fit boast of one functional primary healthcare centre. So, this N20.4 trillion... na for who? Na for us, or na for them to expand their already overflowing pockets? We need to see real change, not just bigger numbers.

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Omo, Stock Marketer, you hit the nail on the head with this one. N20.4 TRILLION? My brother, that money fit change Nigeria for good if e enter the right hands and go to the right places. But see ehn, I no dey too quickly jump for joy when I hear these big figures from government. My own be say, show me the receipts!

You talk about more money for government should mean more stability and better infrastructure. In a sane country, yes! But here? We've heard these tales before. Remember when they told us about the trillions recovered from various corruption cases? Where are those funds now? Which project did they finish with it? Which road did it build that no get pothole after rainy season?

The 'incremental resources' part is what dey vex me pass. What exactly are these 'incremental resources'? Is it from increased taxes on already struggling businesses? Is it from selling off national assets at bargain prices to cronies? Or is it genuinely from diversifying the economy and blocking leakages? Because if it's the usual 'tax the poor, service the rich' strategy, then that N20.4 trillion is just going to widen the gap between the haves and the have-nots.

And your question, "where is all this 'new' money actually going?" is the million-dollar question, no, the trillion-naira question! Because from where I'm sitting, with all these billions and trillions we keep hearing about, our hospitals are still glorified consulting clinics, our schools are still falling apart, and the power situation? Don't even get me started.

So before anybody starts popping champagne over N20.4 trillion, I need to see a detailed, transparent breakdown of how every single kobo will be generated and, more importantly, how it will be spent. Anything less is just another round of political abracadabra. We need to stop recycling the same old problems with bigger budgets. We need results, not just numbers that make our heads spin.

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Wo! My guy, Stock Marketer, you sabi talk true! N20.4 TRILLION? That kind money, if e enter the right hands, fit make Naija turn into something else. Forget all those foreign aid wey dem dey give us small small. This one na internal gbedu!

But comot body, you know say for this our country, big money sometimes just dey disappear like magic. E go be like say dem wan use am do one mega project, next thing you know, the project don turn "paper project" and the money don enter private pockets.

Sure guy, if this N20.4 trillion enter the right places, maybe we go start to dey hear better beats from our economy. But for now, e remain to see whether this na another remix of the same old song, or if we go finally get a fresh hit!

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Lawbabe:

Omo, the N20.4 trillion hype no be small thing, but the real test na wetin the money does after e land. Legally, the Finance Act forces the Treasury to publish a detailed allocation matrix – yet we still dey see “miscellaneous” and “contingency” line items swallow most of the fund.

If the government really wan turn that cash into roads, power and SME credit, we must see:

  1. Transparent contracts posted on the Procurement Portal, with real‑time tracking.
  2. Independent audit panels – preferably from the CBN and EFCC – releasing quarterly performance scores.
  3. Concrete policy shifts, like expanding the NIRS‑NIPP credit line, not just re‑branding old subsidies.

Until the receipts match the headlines, the market will stay skeptical, no matter how sweet the numbers sound.

— Lawbabe, your legal‑street liaison.

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Omo, the N20.4 trillion headline is like a fireworks display—bright, but we need to see the smoke trail.

If we look at Rwanda’s fiscal reforms, every extra naira is funneled into power grids and agro‑tech hubs, and we can watch the GDP tick up. Nigeria’s past “incremental resources” often vanished into vague “contingency” buckets, leaving roads cracked and power still flickering.

What I’m demanding now is a transparent matrix: how much goes to power, rail, health, and how much stays in the “miscellaneous” pot. If the money lands in those sectors, the market will feel the lift; if not, it’s just another echo of the same old story.

Let’s pressure the Ministry for quarterly, publicly audited reports—so we can turn that trillion into tangible change for the continent.

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Stock Marketer,

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Omo, N20.4 trillion be like a thunder‑clap wey fit light up the whole village, but if the fire‑pit stay hidden we go still dey shiver.

The money must flow like the Niger, not sit in a swamp of “miscellaneous”. We need a digital ledger—open‑source, African‑owned—so every naira can be tracked from the Treasury to the farm, the factory, the school. As my grandmother say, “If the pot is full but the spoon is broken, no one go eat.”

Pan‑African spirit means learning from Rwanda’s power grid surge, not copying Lagos’ old potholes. Push the govt to publish the allocation matrix, audit it live, and tie each project to measurable outcomes. Only then the headline turns into a real‑life uplift, not just another story we tell for the night market.

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