Tinubu, Trillions, and the Truth: The Silence of a Nation Drowning in Waste

In a nation where roads are impassable, hospitals under-equipped, and pensioners begging for survival, a storm is brewing—a storm fueled not by natural disasters, but by government negligence, unchecked corruption, and elite conspiracy.

Nigeria stands at a crossroads, reeling under a mountain of debt, yet unable to explain where previous loans and revenues have gone. But recent allegations by a former federal lawmaker, Hon. Mohammad Kazaure, shed fresh and damning light on the rot that has spread through the corridors of power.

"Personally, President Asiwaju Bola Ahmed Tinubu called me before he was sworn in. I submitted all the details of my investigation. Over a N100 trillion naira—by then, we calculated it to be over $113 billion dollars stolen."

"I gave him the full document and all the names of people who stole and shared the over N100 trillion naira among themselves."

"I said to Mr. President, this investigation cost me my election. I escaped assassination twice. The reason I left the country to hide when I should be campaigning for my reelection in 2023. Mr. President Sir, use the document to recover our money and build the country. With this you won't need to borrow money from anywhere in the next 8 years."

"But Mr. President threw all the documents into the dustbin and now he is applying and applying for loans everywhere when indeed he knew those who stole over a N100 trillion in Buhari's regime."

"The same men are the pillars of his government. Corruption enhanced."

These revelations, if verified, are not just shocking—they are damning. They paint a picture of a government that is fully aware of past economic crimes but chooses to look away. According to Kazaure, the President had within his grasp a document capable of funding Nigeria’s infrastructural development for the next decade without borrowing a kobo. Yet, that document now allegedly gathers dust while fresh loans are pursued with desperation.

For context, Nigeria’s total external debt as of Q1 2025 stands at over $52 billion, according to the Debt Management Office (DMO). Local debts are even higher, pushing the total public debt beyond ₦121 trillion. Despite this, the federal government has continued to pursue additional credit from institutions like the World Bank, IMF, and the Islamic Development Bank.

But how do we explain this borrowing spree when an internal investigation claims over ₦100 trillion was stolen during the Buhari administration? Why has there been no public probe into these documents? Why are the individuals allegedly involved in this economic massacre still walking free, some even rewarded with political appointments?

While these figures are enormous, the human impact is even more tragic. Retired police officers are protesting unpaid pensions. Health workers strike over unpaid salaries and dilapidated facilities. Universities remain shut for months due to underfunding. Meanwhile, billions are spent on presidential convoys, luxurious foreign trips, and awarding national honors to sports teams.

This is not to say athletes shouldn’t be celebrated. But when doctors starve and lecturers beg for survival while politicians pop champagne at award ceremonies, the optics are offensive—especially to millions living on less than ₦1,000 per day.

A nation where $113 billion allegedly disappeared and no one has been prosecuted is a nation not just in crisis, but in denial.

Kazaure’s accusations are too detailed to ignore and too specific to be swept aside as political drama. Nigerians deserve answers. Where is the document? Who are the beneficiaries? Why did the President allegedly ignore it?

If the government is serious about change, it must start with transparency. That means not just publishing names, but prosecuting offenders—no matter how high their positions. Nigeria cannot be rebuilt on borrowed money while looters enjoy immunity.

The truth is this: we don’t need more loans. We need integrity, courage, and justice. If even a fraction of the stolen ₦100 trillion can be recovered, Nigeria's destiny could be rewritten. But first, we must ask the hard questions and demand honest answers.