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₦20 Trillion Is Missing From Nigeria's Federation Account – Olisa Agbakoba

Should the National Assembly set up a probe panel?
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70 kobo for debt, 30 kobo for life. That is the 2026 reality. We need to demand a ‘Debt-Revenue’ balance law immediately.

Okonjo-Iweala tried with the TSA, but she was just putting a band-aid on a gunshot wound. Agbakoba’s policy paper is the surgery we actually need.

The TSA consolidation was good, but it’s like putting a new lock on a door that has no walls. Section 162 needs the ‘walls’ of audit and law.

The IMF recommends 30-40% debt service. We are at 70%. We are basically the student who is using 70% of his allowance to pay back the person he bought ‘indomie’ from last week.

N159 trillion debt? My unborn children are already owing NNPCL. This is generational ‘sapa’ (poverty) being prepared for us.

Agbakoba has given us the ‘what’ and the ‘how.’ The only thing remaining is the ‘when.’ And the ‘when’ should be now!

Nigeria is a rich country being managed like a ‘Baba Ijebu’ lottery shop. No records, no accountability, just ‘trust me, it’s coming’.

NNPCL remitted 600bn instead of 1.1tn? If a cashier in a supermarket tries this, they are going to jail that same day. But for NNPCL, it’s just ‘business as usual.’

Is there any Senator with the liver to sponsor a bill to audit the Federation Account for the last 10 years? Let’s see who is real.

Olisa Agbakoba is right. If we don’t know who is keeping the money, how quickly they must pay, and who audits them, then Section 162 is just a ‘suggestion,’ not a law.

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