THE REAL SITUATION OF
NIGERIA.....

curled
*From Pius Adesanmi's Wall:*

It is a pity that the bloodshed in the land is masking other issues that should get you thinking seriously about Nigeria. Many of us may have missed all the back and forth about AMCON's debt portfolio and what it means to us and our generations to come

In Lamidi, the "forganaisa's" (vulcaniser) language, here is what AMCON is simply saying:

1. Only 350 Nigerians are responsible for 80% of AMCON's N5.4 trillion debt portfolio. Do you understand? 350 Nigerians owe N4.3 trillion.

2. In a country of 180 - 200 million people, only 100 BVNs own 60% of bank lendings. Let that also sink in. That is 60% of bank loans in Nigeria goes to ONLY 100 people.

When Ben Murray-Bruce's AMCON debt was mentioned recently, one oppressed fanatic in the habit of defending his oppressors attacked me and asked when it has become a crime to take a loan to finance one's business. I ignored him because he is not informed.

* In Nigeria, high- stakes bank loans are part of the architecture of corruption and crime. You do understand that bankers collude with less than 500 Nigerians for these loans that are going to be delinquent right? When you enter into the category of those who borrow in billions in Nigeria, the understanding is that you are not going to pay. It will become a bad debt. You and the bankers will cash in and you don't have to worry about the politicians: you just bankrolled their election. The Nigerian financial sector is thus a comprehensive crime scene.

* You do understand that Lamidi, 'my forga', will never get a loan but his small deposit of N500 per month is part of what these 500 Nigerians are stealing disguising as loans, right?

* You do understand that Forga's only hope is that these 500 people and their friends in government will periodically grow a conscience and "empower" him with a new Yamaha pumping machine and N10,000 in cash under some small scale enterprises empowerment scheme launched with fanfare by the wife of the state Governor, right?

* Do you understand that within the ranks of the 350 Nigerians owing 80% of AMCON's debt portfolio and the 100 BVNs controlling 60% of bank lending in Nigeria. There is no PDP, no APC, no Hausa, no Fulani, no Igbo, No Yoruba, no Ijaw, no Christian, no Muslim, right, they are Nigerians?

* Do you now understand why you should close ranks at the bottom of the ladder and stop fighting and tearing at each other on account of these chaps, right.

* Do you now understand why I listen to Bob Marley's "Real Situation" a lot these days, right?

Total destruction Is the only solution...

A new Nigeria must grow on the ashes of this ugly, unjust, and malevolent contraption owned by 500 people.

Very soon you will understand that all their grammar on social media, all their Buhari must go cries are because of the blockage to their lootings.

The civil servants will loot the budgets in the MDAs.

The Bankers and their friends and cronies will loot depositors funds

The politician will mop up the capital allocations of the MDAs using fictitious companies and exert their influence on the financial institutions to borrow the monies they won't pay.

Your Pastorprenures and Imams are busy praying for all of them so that they can also get a fair share of the loots from both axes.

The circle to impoverish the ordinary Nigerian is complete.

Sadly with your borrowed data I will sit behind my Chinko phone blaming Buhari. I just pity myself.

We need to borrow new brains. Less than 500 people have over 70% of the nations wealth!
Haaaaaaaa, 500 people putting Nigeria into deficit? GOD DEY

- Lekky Okotete

16 Years of PDP corruption and immpunity forgotten, Saraki, Kwankwanso mad tambuwal and Atiku is there choice, the fake Jews claimed they are the most educated people in Nigeria. I agree. Where is their common sense



Baba/Osibanjo till 2023

Oh yes