Nigeria’s “Two-Day Economic Miracle”: From No More Borrowing to Fresh $1.75bn Loan

By Prince O. D. Agbedeyi PhD – Global Egberi Media International

In what Nigerians are now describing as the “fastest U-turn in economic history”, President Bola Ahmed Tinubu has managed to move the country from “no more borrowing” to “seeking a fresh $1.75bn World Bank loan” in just 48 hours.

On 3rd September 2025, the President confidently announced that Nigeria had met its 2025 revenue target, declaring that the era of endless borrowing was over. Nigerians celebrated online, some even suggesting that finally, the nation’s economy had entered its long-awaited golden age.

But just as citizens were still popping zobo and suya in celebration, by 5th September 2025, a new headline hit the newsstands: “FG seeks fresh $1.75bn World Bank loan.”

Confused Nigerians took to social media asking whether the President was talking about the same Nigeria or if he had mistakenly delivered Ghana’s economic forecast on Wednesday.

One Lagos trader quipped:

“How can you tell us no more borrowing today, then borrow tomorrow? Even my neighbor who borrows Maggi and oil from me at least waits one week before coming back.”

Analysts say the contradiction may be part of a new government strategy called “Economic Gymnastics”, where the country stretches between hope and reality within record time.

Meanwhile, opposition figures are already drafting new campaign slogans for 2027, with one reportedly saying:

“Vote for us, we promise to delay our borrowing at least one month, not two days.”

For ordinary Nigerians, the story is simple: whether revenue target is met or not, the national borrowing culture remains as consistent as NEPA light—always surprising, never reliable.

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Moral Lesson ✍️

When leaders say one thing today and do another tomorrow, it teaches us one truth: promises without discipline are like buckets with holes—they can never hold water.

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📌 Publisher: Prince O. D. Agbedeyi PhD
🌐 Global Egberi Media International
📧 globalegberimedia@gmail.com
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🔖 Tags:

Nigeria Politics, Tinubu, World Bank Loan, Borrowing Culture, Economy, Mock News, Global Egberi Media

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Nigeria’s economic flip-flop: From “no more borrowing” on September 3rd to requesting a $1.75bn World Bank loan by September 5th. A satirical take on Tinubu’s policy contradiction by Prince O. D. Agbedeyi PhD.

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