👑 Tokunbo Oshisanya

Guys, see how this country works.

You go a job interview.
They like you.
Offer letter comes. Gbam!!

Then at the bottom, "please provide two guarantors".

One must be a civil servant.
One must own property.
You must include their ID cards & passport photograph.

You have not collected one salary yet Ooo & another person must already stake their name on you.

And that person will ask you, what if you run away ?

You cannot even blame them.

Nothing anywhere can answer that question for you.

Anyways sha, the whole economy runs on somebody's Uncle. (man Know Man type of level)

Which is why a person with no well-placed uncle starts a job already owing somebody a favour.

We all know where that road often leads.

African stock markets gained 49% last year.

Global markets gained 21%.

So, yeah, everyone would say plenty money finally rushed into Africa, abi?

Not quite.

Only 3% of the increase came from new listings.

The other 97% was existing companies becoming more valuable on paper.

The entire continent recorded just seven IPOs all year.

Of the $6.7bn raised in equity markets, $5.7bn (85%) went to companies already listed.

Meanwhile, only four countries account for 88% of the entire Africa's stock market capitalisation.

and our dear Nigeria is one of them.

Ref: OECD, 2025.

Lagos was promised 552 electric buses.

So far, 13 are on the road.

11 arrived yesterday.

The other 2 have been operating since May 2023.

13 out of 552 is just 2.36%.

Another 39 buses have been promised, bringing the total to 52 buses.

Even then, 52 out of 552 is only 9.42%.

That leaves 500 buses unaccounted for, with no delivery date in sight.

Fashion in NIgeria is booming, Yes!

These days, almost everyone has a clothing brand.

But the fabric?

Mostly imported.

Nigeria imported ₦377bn worth of textiles in 2023.

That rose to ₦726bn in 2024.

By 2025, it had reached ₦1.06tn.

Meanwhile, textile exports in 2025 were just ₦16.55bn.

That's roughly ₦64 imported for every ₦1 exported.

And the trend isn't slowing down. The first half of 2026 alone recorded ₦578.5bn in textile imports.

So while our fashion industry is growing, much of the fabric behind it is coming from somewhere else.

We're simply building a fashion industry on top of somebody else's textile industry...

Exactly!! Hence why a public servant will threaten to hit you or hurt you and end their statement with “And nothing will happen”