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‘My Grass to Grace story’ – Prophet Joshua Iginla Recounts

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Bro Joshua Iginla led Champions Royal Assembly clock 10 this month and in this interview the philanthropic but fiery prophet opened up on his travails and grass to grace story.

Enjoy…

Q Can you tell us how it all began?

R – My conversion began at the city of Jos. It was very strong because  i’m from a muslim background and my father’s name Is Lasisi Disu Iginla and everyone of us from my elder sister to the last were all Muslims. We have names like Radiatu, Abdul lameed, Abdul Lasisi, Bilikatu, Risikatu, abdulfatai etc

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Q What was your parents reaction to your conversion?

R – My conversion didn’t go well with my father because he was not happy about it. Then I lost a lot of friends because I was a very stubborn barrack boy and some of them made jest of me saying In few days, i’ll return to my senses. But my father rejected me outrightly. I could remember that he  threw me out of the house in the middle of the night.  It was a painful experience, curses were laid on me and I was treated like an out cast.
My journey  to glory was  painful. Infact, my father’s mind set and was that as  time goes on, probably I will become a Mallam like  the rest them. The night I came back with the bible i thought my father didn’t see me not knowing he had actually discussed with my other siblings and told them I went to church . He was angry. First of all, what he did was to drag me in, used the military belt to beat me up and broke my head, I was bleeding and he chased me out of the house. It was very painful.  I remembered  my father disowned me and called me a  bastard and a disgrace.  Then there was a pastor who encourages me. He used to come to fellowship to minister. That night, I think around 12, I had to run down to see him in order to be encouraged  and  to squat with him.
I knocked the door, he came out and I narrated all the story and he also saw me bleeding. He just told me he knows how wicked my father was and he doesn’t think he can allow me stay in his house because he doesn’t want to be locked up. I begged him to please allow me, he slammed the door and ordered me to go, I felt depressed. I remembered leaving the house of that pastor crying, my pain was not what my father did to me but what this pastor did to me.
if a man of God can get to this height of treating a new convert this way, then Christianity is a fake thing and I remember the holy spirit encouraged me that night…

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Q – What about your mum?

R – You know the power of a man over his wife. My mum was always supporting my father, saying I should listen to whatever my father is saying. But she wept the night I was leaving. You know mothers are precious, they don’t want to Lose their son but she was behind my father. She was just saying I should adjust and renounce this thing and whatever my father says is what I should do. I could remember I went to Ekwa Primary school to sleep in one of the classes and there were vigilante groups there. In the quest to sleep there, they thought I was a thief, they followed  me and wanted to shoot me. I started screaming that I was not a thief which prompted them to ask me what I was doing there. Before that, a dog harassed me and almost bit me. I explained to them and they told me that the place isn’t too good. I was taken to a class where they were all staying and asked me to find my level the next day. After that night, I squatted  with one of them, the one that actually cocked the gun and he said because he’s an elderly man, he will see how he can follow me to my father and I stayed with him for two weeks. After that we had issues, he said he can’t accommodate me anymore until I take him to my father. When the pressure became very much, two of them followed me to beg my father but he insisted that there’s no way. That journey led me to one of the fellowship member, late Ibrahim Baka. He’s one of those that helped me before the freedom for all nation scholarship came up. The persecution lasted for more than three years

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When everything was down and things became rough and  I had issues of going back to my father’s house, I met my sister on Jan 19 that year,. She was half dead and my mother was in tears . The experience of the conversion was very strong and I told them that if they believe in Jesus, he can do this, I came back home after many years and met that scene and my mother told me to do anything I can do just to revive my sister. My father was sitting down and people were there trying to pacify him. I laid my hands on my sister and God revived her and brought her to life.  That became a scene of great miracle. It brought a revolution to the whole family and the conversion of my father, mother and the acceptance of my faith. On that junction, my father was posted to odogbo barrack in ibadan. When we got to odogbo barrack, the quest to start a ministry came up clear and we started like a joke. I started a ministry in ibadan. It was a painful and bitter experience. The burden for the ministry started in ibadan and that’s where we started. We started in the army day secondary school in the barrack and we started with ‘atmosphere of power’. It was like an interdenominational ministry, it wasn’t really a church. We were using a class room and people from the barrack gathered. We started a fellowship which comes up every Saturday by 3pm.

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Q –  what were the challenges ?
R – A challenge I don’t wish my enemy go through because first, when we started in the barracks, I was seen as a riff-raff who doesn’t know what he’s doing because we take drums from one block to the other and a lot of youths follow me. We clap our hands, people come from the blocks and we go to villages. My understanding about ministry then wasn’t for money or offering. It was only just to preach the gospel. We survived by working in farms  the stipends  we earn were used for crusade . We later  moved to Overcomers prevailing Evangelical Ministry (OPEM) and we started the ministry in Hope international school. We were using the primary school which has now become a living place. We were using one of the classrooms. We pleaded with the proprietress to allow us stay. We were using that school and the class couldn’t take up to 100 people. We were around 30 and we later had up to 70. It was a huge crowd to us. Infact, we celebrated it. We didn’t have drum set or keyboard. We used to rent a local drum in iwo road and whenever we have that drum set, the praise, worship and the power of God will come down very well. We celebrated the move of God. The church wasn’t big and we had cases of members making vow. The highest tither then was N1000 and he so much intimidated me whenever he gives tithe. We had to use visitation to pay for the tithe.

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Q – How did you survive those trying periods?

R- There was a time i had to go to a block industry to carry blocks and some of my members saw me but I hid my face from them.  They argued if it was me or not. It was a shameful thing. It was better I did that than to steal or go into occultism .
Some people see our glory today an think we just arrived, we have told ourselves that irrespective of our poverty, we won’t eat on Jezebel’s table. I kept saying that if i didn’t back slide then, nothing will take me away from God.
Ii was living in one room apartment with my team. we can smile about it now but the experience is bad. I was staying in that room with my, pastors emeka Clement, Moses, Segun, Sunday Adamson. We had a foam and by the right side of the room, I put a plank and an iron rod which was used as my wall hanger and we fold ourselves. Even at that I couldn’t pay N300 for house rent which is N6000 in a year. I had an ‘international stove’, it was terrible. Each time I lit the2 stove,  the fire just blow up and i’ll have to pour a lot of water, everywhere will be filled with smoke and my landlord will come and say ‘ Pasito, do you want to burn down my house?’ though he’s late now. It became   a big argument and the smoke will be entering everybody’s eyes because it was an old stove. We had to use 3 stones to balance it.

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One of the terrible experiences was that I had eba but there was no soup and there was no money. Poverty can make you have all manner of wisdom. I went to the woman selling food around me and told her to sell food for me and normally, we tell them they shouldn’t put meat and they should put soup separately in another plate. When she finished selling it, I told her she didn’t give me the right thing so she got angry and poured the soup back in the pot so I took the empty plate home, left with little soup in it and use it to take my eba. It was an experience in my life I felt my poverty was bad, I wept.

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Q_- what’s that memorable experience you recalled during such period?

R – There was a case of betrayal where one of the sons whom I’ raised up came back and met me in that one room and was supposed to call me ‘Papa’ but he said’ Pupper, so you are still here’ he repeated it again. It’s one experience i’ll never forget because  when he left, I knelt down on my bed and wept. I told God that i’m not asking him to make me rich as a pastor, i’m asking  him to give me a means to live my life in order to bless lives. Of course, I wasn’t lazy, I did security job, teaching job, I carried blocks, I already started training in a Nigerian depot before God intervened so my story isn’t a story of a man who just came to ministry overnight.
The experience was bitter because of the house I lived in. The house is a one room apartment and I stayed there for seven years. I couldn’t pay my landlord’s rent. There was a bad well you could even see germs on it, that was the water I drank. Even the bathroom was so terrible that you will have to cover your nose before you take your bath because  they would have defecated on it. The one room was so bad that there wasn’t even a ceiling and the window was bad. All through the 7 years, sometimes in the middle of the night, I go into the bush to pass out feaces.

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It was bad that sometimes, I use omo to take my bath, even my landlady pity me whenever she sees me. My  landlady called iyaleko, sells Pap and I used to collect from her on credit and sometimes when I don’t pay, she will harass me. There was a little breakthrough that came in, I moved to another house in Aligongo. I call my landlord Babadudu, he’s a wonderful landlord, he’s both positive and negative wire. I couldn’t pay his house rent too and I could remember I used to tip-toe when I come late at night and his wife will blow a whistle signalling the landlord that i’m around. Then the landlord will harass me that  I don’t want to pay his rent and I call myself a man of God. I’ll kneel down and start begging. He will say i’m not a good pastor, the experience was bad, there was a provision store close to me, I owed them money too for goods and I will hide so they won’t see me, even I didn’t believe there can be a future with that experience. There was one of my pastors that told me that if my life was like that, what confidence do they have as my followers because truly my life was bad. 90 percent of my early pastors left me not because they didn’t love me but because the poverty was bad and there was no hope. Infact, I was living on them. There was a time pastor emeka would go and do block work and bring money to me, it became a pain. There was a day my landlady abused me that how can I be a pastor, asking if God can’t see my sufferings because  it was bad. I was the usher, the sanctuary cleaner at the early stage of the ministry.

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Q – so how did the story turns to glory

R – It was on that quest when the pressure became high that God told me that the place isn’t where i’ll prosper. He opened the scripture to me and told me how he told Abraham to leave his father’s house to a land he will show him. He said my allocation has expired in Ibadan and the place i’ll prosper is Abuja, I borrowed the money that took me from ibadan to abuja.
I landed in Dutse Alhaji in Abuja   had a friend there who was part of my prayer band at the youth fellowship in jos. His name is Revd. Joseph Yusuf Haruna. He’s the founder of Gospel Grace ministry. I stayed in his house, I slept on his 3-seater. He was better than me. I became like an assistant pastor to him because  it was preferable to stay in Abuja than ibadan, the storm was so much and I already ran from my landlord in ibadan due to non payment  rent and at that time, while I was with him, I learnt that 7 of my pastors left and all broke out. I won’t blame them ‘because if you see my condition, even if you are genuine and called by God, you will lose hope. It was the prophetic word of God that kept me going and after sometime, we had little issues and I kept telling him what God told me, which was my conviction. That led me to go to Global light assembly, Buari. Imagine a general overseer applying to work under a ministry. I told myself that it was better i’m into the system of the ministry than to backslide or to dip my hands into things that isn’t of God.  The leader was Revd. Gbenga, he was a wonderful man. He taught me in the area of Giving.

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Q – so how did champions Royal Assembly came to being ?

R- Champions Royal Assembly is a sweet part of the story. While I was in Buari, God started speaking to me that it is time to raise a champions generation. God said I shouldn’t use my first church name which was Overcomers that  we already over came, so I used champions assembly but I was willing to stay with Rev Gbenga and what God did was there was a strong wind of pressure from everywhere. Revd Gbenga called me one day and said he knows God has called me. After one of two things, God said to me that I shouldn’t betray Revd Gbenga  because I have a call but he didn’t know I was a senior pastor, I didn’t tell him but I later confessed, I was living in a room and parlor then. He was a wonderful man. He told his wife at home and I believe she told him to let me go. He released me. I didn’t have money, I didn’t know where to start
In all honesty, Revd. Gbenga is an angel because  he came to meet me in the early hours of one morning and told me that he loves me so much and he believes I have the leading of God. He gave me N70,000 to start a church and told me not to let his wife know. I took the money and started looking for a house that can serve as a ministry place. I met an agent called Chuks. He said there’s an abandoned house I can use. It was abandoned because  thieves were always disturbing the owners, I told him there’s no problem that the only thing that can be stolen is my bible, I have nothing else, That’s how we got to the place. We packed in on a  Friday,  cut the grass on saturday and we started the church on Sunday, we were just four in numbers.

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I faced a lot of resistance, some people mocked me. I remember the first fellowship, there was no cotton, I just came out of the gate and some women started laughing at me saying we are hungry and looking for money, it was shameful. I was passing one day and they were saying what kind of end time pastors I was. There was no tambourine and the first offering was collected with bible, that was how we started. I started having issues with the owner of the place in millionaires quaters when we were becoming much, I went to the landlord to allow me use the little tent in the compound which he agreed and after sometime we will be paying for it, we agreed. We rented the tent and the following week, the wife came to the place, fought me, abuse me, I couldn’t talk, I covered my face in shame. I entered the house and kept quiet. The man denied permitting me ‘cos the wife was in charge. They pulled down the whole structure and asked us not to use it for church any longer then one of our members borrowed us his land in that same millionaires quaters, we erected tent and used sack to cover the tent and started church.

Q how did the breakthrough come?

R – One of the things that exploded this ministry was the death of a member. She dropped dead in the church and everybody ran away  and started telling people that I wanted to kill people for rituals. In the quest of praying for that woman, she came back to life . The news broke out in the whole Kubwa and the next Sunday, the church number rose up. As soon as the church started growing, some members of the church went to the man who gave us the land and told him that I want to take over and that he should send us packing. He was a member but he gave us notice to quit the land. One thing led to another and we got another and we got another place through God’s breakthrough. The glory started changing levels. That breakthrough brought about a turning point in my life. There was also a senator who sent people to tell me to come and see him, I was so excited but God asked me not to go. I didn’t hear from them for more than two months and I felt bad within myself. Later, one night he came to see me at that bush I was living so I prayed for him and I gave him a prophetic word. He was menstruating like a woman, every 28 days he passes out blood, he went to America for treatment but no cure.  He ran back. He brought out money after the prayer. It was my first time of seeing that kind of money and the holy spirit asked me not to collect it. I remember my hands were shaking and I told him I would have loved to collect the money but the holy spirit asked me not to. He laughed and I felt bad. The holy spirit told me that if I had collected the money, there won’t be healing for the man. After some period, he called back and asked to see me after four months only to discover that he has been healed. He brought money in a little bag, it was my first time of seeing that kind of money, I didn’t know it was money. He just dropped it and I opened it and saw money. My body was shaking and I grabbed it before th holy spirit would say I shouldn’t  collect it. That was the turning point. He left and I was so excited. I wept and rolled before God, it pays to wait upon the lord, it pays to stand and believe God can do all things. It was in the midst of all this that the miracle started, infact, that money gave birth to the first land where we built  our church today. When the Glory started changing levels, some pastors who do not know me in Kubwa thought I came overnight.

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City of wonders vision has been there since 1996. The lord spoke to me and gave me the vision. I have it in my prophetic book. I never knew it’s going to come this time. I have seen this vision and the lord said to me that i’ll gather the whole world in here. When it was time we started having overflow in the other church, God told me it was time. God gave me the vision of where it would be and i announced it. It will be of interest to know that when i announced it, people thought i had the money on ground , NO! But when theres a vision, there is a provision . we started building, we never envisaged it as a 80,000 capacity building , we just wanted to build a place that can accommodate people. I even quarrelled with the architect for doing that kind of drawing though i said he should build a big church but not of that magnitude. I got angry and went home then God told me that i shouldn’t deduct a dime from it so that was how the building started. Some people are thinking we are competing with some great men of God, NO, Anything that is done out of competition can’t stand the test of time, you won’t even be able to complete it. This is just a vision of 10 years, how do you build this kind of capacity except the lord is with you, if it is done out of competition, God will not allow the resources to come, we have ministries which have been there for a long time but haven’t attained this kind of height yet within 13 months, we were able to do this without borrowing money from bank. People ask me where i got the money from, i didn’t take money from bank, foreign countries, the money came from inside and because we have a lot of things we do, God gave us, not even a politician  or president gave us the money. i have sons who are wealthy but they are not part of it though God has blessed me with  men who are oil moguls, wealthy people who are just blessed but God has blessed me too, all i can say is thank God because we didn’t owe anyone, not even a bag of cement
I’ll simply say My story was that of grass to grace. Grace is an unmerited favour of God that brings a man out of obscurity, qualifying the unqualified. I feel God loves me so much, he has used me to show the world that you don’t need to belong to some cabal in the ministry to get to the top if he is behind you. I respect fatherhood in the ministry and i know God has placed some people before you but the truth is there’s a belief that you must come through a cabal. In my own case, God has done mine this way, not even a prophet can take glory over my life, God did what he has to do for me. Infact, i was rejected by top ministers, i remember staying from morning to night at one of the great men of God’s place but i was frustrated by even the sons under him but i thank God that didn’t happen because today some men would have taken the glory. God allowed it to happen so i can become a litre of love to some generation, minus men plus God, all things are possible. My life is a typical example of grass to grace and we are just in grace primary one, we have not started, i feel the glory is just about to unfold itself. Like i said to the church, this isn’t the vision God has given me, this is just the primary vision. Somebody asked me if theres something beyond city of wonders, i said Yes, i’m already on it because this is just the stepping stone for the real vision i have. indeed, it is a story of grass to grace

 

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MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria

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FirstBank Set to Launch Tailored Financial Services for Blind and Physically Challenged Customers  

MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria

 

 

 

Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.

 

 

 

Now, FirstBank is making homeownership more attractive.

 

 

 

FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.

 

The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.

 

 

 

You are one quick decision away from being a landlord.

 

 

 

If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.

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Nigeria’s Booming Growth Leaves Citizens Trapped in Deeper Poverty

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Nigeria’s Booming Growth Leaves Citizens Trapped in Deeper Poverty

BY BLAISE UDUNZEq

 

With the chanting of the ‘Renewed Hope’, it appears to be Uhuru in Nigeria, following the recent World Economic Outlook presented by the International Monetary Fund, which projected that Nigeria’s economy would expand by 4.1 percent in 2026. Though this specifically shows an economy faster than economies like the United States and the United Kingdom, as it handed the administration of President Bola Tinubu a powerful narrative. No doubt, the projection happens to be a narrative of progress, of reform, of a nation supposedly turning the corner after years of instability and setting the kind of moment that reassures investors, quiets critics and signals competence.

 

But once its statistical sheen is put aside, the weight of reality takes center stage. The truth is while Nigeria may be growing on paper, it is simultaneously shrinking and does not in any way reflect the lived experience of its citizens, as the populace can attest to. With the current lived experience, nowhere is this contradiction more glaring than in the widening gulf between macroeconomic projections and the daily economic suffering of over 200 million people.

 

The truth is uncomfortable, but it must be said plainly that a country where poverty is deepening, inflation is persistent, debt is rising, and basic survival is becoming more difficult cannot meaningfully claim economic success, no matter what the growth figures suggest.

The most damning evidence against the “fastest-growing economy” narrative as enumerated by the Special Adviser to President Tinubu on Policy Communication, Daniel Bwala comes not from opposition voices or political critics, but this time it is coming from the World Bank itself. Alarming to this is that according to its latest Nigeria Development Update, poverty in the country rose to 63 percent barely months back, translating to roughly 140 million Nigerians living below the poverty line. This is not just a statistic; it is a humanitarian crisis unfolding in real time, which in a real sense calls for quick interventions.

 

Even more troubling is the trend. Poverty has not plateaued; it is accelerating, worsening and not stablising at all. From 56 percent in 2023 to 61 percent in 2024, and now 63 percent in 2025, the trajectory is unmistakable, as can be seen the data shows a clear upward trend over time that calls for concern. And projections from PwC suggest that the numbers will climb even higher, with an estimated 141 million Nigerians expected to be poor in 2026.

 

It would surprise many that these figures expose a fundamental contradiction; it is a total irony that an economy is growing while its people are becoming poorer, hence, while no one would hesitate to say that the type of growth taking place is flawed. Well, without jumping to a hasty conclusion, the answer lies in that growth. To say that the economic growth taking place is imbalanced, it is uneven, exclusionary, and not absolutely linked or largely disconnected from the sectors that sustain the majority of Nigerians. Growth driven by services and capital-intensive industries does little for a population whose livelihoods depend heavily on agriculture and informal enterprise. When growth bypasses the poor, it ceases to be development and becomes mere arithmetic.

 

The government’s defence often leans on the argument that inflation is easing and that reforms are beginning to stabilise the economy. But even this claim is increasingly fragile, as reported that the recent data from the National Bureau of Statistics shows that inflation has begun to rise again. This now shows that the headline inflation is ticking up to 15.38 percent in March 2026, alongside a sharp month-on-month increase of 4.18 percent. The pain Consumer Price Index climbed to 135.4, underscoring sustained pressure on household spending.

 

Another aspect that raises further questions is that the most critical component for ordinary Nigerians, which is the food inflation skyrocketed to 14.31 percent, with also a similar month-on-month surge. It must be made known that these are not just numbers on a chart; they represent the escalating cost of survival, mostly for the common man. The ripple effect of this, which is yet to change, is that families are compelled to pay more for basic meals, more for transportation, and more for the essentials of daily life.

 

Noteworthy is that even when inflation showed signs of moderation in previous months, the fact is that it did little to reverse the damage already inflicted. The World Bank has been clear on this point when it said that household incomes have not kept pace with price increases. The underlying point is that the earlier spikes in inflation eroded purchasing power to such an extent that any subsequent easing has been insufficient to restore real income levels and this is where the figures churned out were misleading.

 

This explains the inconsistency at the heart of Nigeria’s economy, where nominal indicators are improving, but real conditions are deteriorating. Nigerians are earning more in absolute terms but are able to afford less. This is further confirmed by data showing that while nominal household spending increased significantly, real consumption declined, while it would be said that people are spending more money, but they are consuming less. That is not growth; but the right word for it is economic suffocation.

 

The structural consequences of ongoing reforms compound the situation. The removal of fuel subsidies, which was the gift to Nigerians for electing President Tinubu and the liberalisation of the foreign exchange market were framed as necessary steps toward long-term stability. And in theory, they are defensible policies. But in practice, the result has been an extraordinary cost-of-living crisis, especially for the larger section of struggling Nigerians.

 

Speaking of the fuel subsidy removal, which has driven up transportation costs across the country, affecting both urban commuters and rural farmers, as the pain has been further intensified by the geopolitical conflict in the Middle East. The second policy shift which was the exchange rate liberalisation, has led to currency depreciation with the experiences biting hard across board, making imported goods more expensive and fueling inflationary pressures. These policy choices, which were perhaps deemed necessary, and without further ado have imposed immediate and severe burdens on households that were already vulnerable.

 

The International Monetary Fund has warned that these pressures are far from over. Rising global tensions, particularly in the Middle East, are pushing up the cost of energy, food, and transportation. For Nigerians, especially those at the lower rung in society, this translates into even higher living costs and deeper economic strain to contend with.

 

In this context, the government’s insistence on celebrating growth projections begins to appear not just disconnected, but insensitive. Because for millions of Nigerians, the economy is not an abstract concept measured in percentages. It is a daily struggle defined by whether they can afford food, transport, and shelter.

 

Compounding these challenges is Nigeria’s growing debt burden. Unexpectedly, public debt has climbed to over N159 trillion, with projections indicating a continued rise in the coming years because of the government’s appetite for borrowing. While the debt-to-GDP ratio may appear moderate compared to global averages, this comparison is totally misleading. The question is why the debt is ballooning when Nigeria’s revenue base is narrow, heavily reliant on oil, and constrained by a large informal sector that contributes little to tax income.

 

The current position of things is that debt servicing consumes a disproportionate share of government revenue, leaving limited fiscal space for investment in infrastructure, healthcare, education, and social protection, which has continued to expose the majority of Nigerians to untold hardship. It is a precarious position, one where the government is borrowing more while having less capacity to translate that borrowing into meaningful development outcomes and the part that is also critical is that Nigeria’s rising debt profile is entering discomforting quarters, as concerns shift from the sheer size of borrowings to the growing risks associated with refinancing existing obligations.

 

Even more troubling are the emerging questions around fiscal transparency and governance. Only recently, there were allegations by Peter Obi on the missing N34 trillion in federation revenue that remains unaccounted. This, according to him, has intensified concerns about systemic leakages and institutional corruption. The fact is, even though these claims remain contested, they resonate deeply in a country where public trust in government financial management is already fragile and has remained a subject of discussion for many Nigerians.

 

The truth is that if even a fraction of such resources were effectively managed and invested, the impact on infrastructure, social services, and poverty reduction could be transformative but this is yet to be embarked upon. Instead, the persistence of such allegations reinforces the perception of an economy where wealth exists but is inaccessible to the majority, which brings to bare if there will ever be a respite in a situation like this.

 

Adding another layer to this complexity is the excessive contradiction of oil revenue. With global crude prices that were once sold above $113 per barrel and currently hovering around $85-$90, which is still far exceeding Nigeria’s budget benchmark, and the country stands to hugely benefit from a significant windfall, as was the case in the past. You know that history is more revealing than ever; it suggests that such opportunities are often squandered.

 

Analysts repeatedly have continued to warn that without disciplined fiscal management, these revenues may be absorbed by debt servicing or recurrent expenditure rather than being invested in productive sectors. The risk is that Nigeria once again experiences a boom without transformation, a cycle that has defined its economic history for decades.

 

Meanwhile, the irony in all of this is that, despite having plenty, every day Nigerian continues to bear the brunt of systemic inefficiencies. As the people bear the brunt, the country’s transportation costs are rising, food prices remain volatile, and access to basic services is increasingly strained, while the rural areas are not left out of the equation, as insecurity continues to disrupt agricultural production. This has further constrained food supply and driven up prices. In urban centres, the cost of living is pushing more households into financial distress.

 

The cumulative, as well as the ripple effects of these pressures is a society under strain. Lest we mistake this, economic hardship is not just a financial issue; it has social and psychological consequences, while unbeknownst to many, its resultant effect fuels frustration, erodes trust in institutions, which also leads to fertile ground for instability.

 

What makes the current situation particularly troubling is the widening disconnect between official narratives and lived reality. There are two instances in which it was noted that, on the one hand, the government points to IMF projections and macroeconomic indicators as evidence of progress. On the other hand, citizens experience rising poverty, declining purchasing power, and limited opportunities. Another good example stems from when President Tinubu declared in September of last year that the federal government had met its 2025 non-oil income goal by August.

 

However, the former Minister of Finance, Wale Edun stated that the Federal Government lacked sufficient funds to appropriately fund its capital budget during a public hearing at the National Assembly late last year. The minister stated that in order to pay the N54.9 trillion “budget of restoration,” which was intended to stabilize the economy, ensure peace, and create prosperity, the federal government had estimated N40.8 trillion in income for 2025.

These two reports sounded and appeared contradictory and it probably was first of many factors responsible for the fallout.

 

This disconnect is more than a communication gap, it is a credibility crisis. When people’s lived experiences contradict official claims, trust erodes. And without trust, even well-intentioned policies struggle to gain acceptance.

 

The claim that Nigeria is growing faster than advanced economies may be technically accurate, and perhaps it must be seen as an absolute insult to Nigerians and it must be noted that it is fundamentally irrelevant to the country’s core challenges. This key fact must be taken into cognizance that growth rates, in isolation, do not capture the quality, inclusiveness, or sustainability of economic progress and this is because they do not reflect whether growth is creating jobs, reducing poverty, or improving living standards. Note that in Nigeria’s case, the evidence suggests otherwise, in which the reality continues to dominate outcomes and this is not but the fact.

 

For growth to be meaningful, it must translate into tangible improvements in people’s lives. At this point, it is necessary to understand that it must create jobs, raise incomes, and expand opportunities. Another important factor that must not be left out is that it must be inclusive, reaching not just the top tiers of society but the millions at the base of the economic pyramid. At present, Nigeria falls short on all these counts.

 

The path forward requires more than optimistic projections and reform rhetoric. It demands a fundamental rethinking of economic priorities. Policies must be designed not just for macroeconomic stability but for human welfare and while investment must be directed toward sectors that generate employment and improve productivity, particularly agriculture and manufacturing. Social safety nets must be strengthened to protect the most vulnerable from economic shocks which has yet to be considered by the government of the day.

 

Equally important is the need for transparency and accountability in public finance. Without trust in how resources are managed, even the most ambitious economic plans will struggle to gain legitimacy.

Nigeria is not lacking in potential and this is one of the ironies of it all since it has a young population, abundant natural resources, and a dynamic entrepreneurial spirit. But potential, without effective governance and inclusive policies, remains unrealised.

 

The uncomfortable reality is that Nigeria is at risk of normalising a dangerous illusion which connotes that growth on paper is equivalent to progress in practice. The truth is that it is not and cannot be contested. And until this illusion and deception is confronted, the gap between economic narratives and human realities will continue to widen.

 

In the end, the true measure of an economy is not how fast it grows, but how well it serves its people. By that standard, Nigeria’s current trajectory raises serious questions, take it or leave it. Because in a nation where over 140 million people live in poverty, where inflation continues to erode incomes, where debt is rising and where basic survival is becoming more difficult, the claim of being a “fast-growing economy” is not just misleading. Yes, it is a mirage!

 

And for millions of Nigerians struggling to get by each day, it is a mirage that offers no relief, no hope, and no future.

 

Blaise, a journalist and PR professional, writes from Lagos and can be reached via: [email protected]

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WFA APPOINTS GLOBAL BRAND EXECUTIVES TO EXPANDED LEADERSHIP COMMITTEE

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WFA APPOINTS GLOBAL BRAND EXECUTIVES TO EXPANDED LEADERSHIP COMMITTEE

 

STOCKHOLM — The World Federation of Advertisers (WFA) has announced the appointment of senior executives from leading global brands to its Executive Committee, in a move aimed at strengthening its global influence and industry coordination.

The appointments were unveiled during the WFA Global Marketer Week held in Stockholm.

The new members, drawn from top multinational corporations, include executives from Driscoll’s, Haleon, IKEA and Nissan. They join an already influential body comprising marketing and corporate affairs leaders from major companies such as Best Buy, Danone, Diageo, Grab, Kenvue and Tata Group.

Also joining the Executive Committee are representatives of key advertiser bodies, including Josh Faulks, Chief Executive Officer of the Australian Association of National Advertisers; Simon Michaelides, Director General of the Incorporated Society of British Advertisers; and O’tega Ogra, Vice President of the Advertisers Association of Nigeria and Senior Special Assistant to the President of Nigeria on Digital Communications, Engagement and New Media Strategy.

WFA President David Wheldon and Deputy President Philip Myers of Ferrero will continue in their roles, alongside all regional vice presidents.

The newly appointed members are:

Jiunn Shih, Global Chief Marketing Officer, Driscoll’s

Silas-Lewis Meilus, Global Head of Media Operations, Haleon

Joel Renkema, Global Head of Insights, IKEA

José Román, Corporate Executive, Global Sales and Marketing, Nissan

Josh Faulks, CEO, AANA

Simon Michaelides, Director General, ISBA

O’tega Ogra, Vice President, ADVAN

Industry observers say the expanded committee reflects WFA’s commitment to deeper global collaboration and stronger representation across regions and sectors within the marketing and advertising ecosystem.

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