"THE ECONOMY IS SO BAD, I'M SCARED TO OPEN MY MESSAGES BECAUSE EVERYONE IS BEGGING" - VETERAN JOURNALIST, DELE MOMODU

Veteran journalist and publisher, Dele Momodu, has described Nigeria’s current economic and security situation as the worst he has experienced, saying the level of hardship facing citizens has become deeply troubling. 

Speaking during an interview on Nevon Media, Momodu said the country’s economic realities have become so severe that he now feels anxious whenever he opens messages on his phone because many are from people asking for financial help.

 “The economy of Nigeria these days, even for me to open some messages on my phone, I’m scared, because everyone is begging. The suffering of the people, then of course, insecurity has never been this bad.” 

Reflecting on his age and experience, Momodu said he has lived through several difficult periods in Nigeria’s history but believes the current crisis stands out. 

“I’m 66, approaching 67. So I’m old enough to know and understand the challenges we’ve encountered in Nigeria before now. Nothing can equal this.” 

He also criticized the government’s handling of the situation, saying he has not seen enough remorse or accountability from those in leadership. 

“I’m not seeing any sense of remorse or atonement. Everything is, ‘We are doing something about it, we will do something about it.’” 

Momodu added that if he were Nigeria’s president, one of his first priorities would be to communicate with citizens every day, stressing that information is a vital tool of leadership. 

“Information is power. You must inform the citizenry every day.”

Comments

Post a Comment

TRENDING ON RWGBLOG NEWS

"THINGS ARE GETTING BETTER FOR VERY POOR PEOPLE IN NIGERIA" - PRESIDENT TINUBU'S AIDE, TOPE FASUA

Image
Dr. Tope Fasua, Special Adviser to President Bola Tinubu on Economic Matters, has defended the country’s economic situation, arguing that the rising cost of food and rent is also benefiting many Nigerians.  Speaking during an interview on Channels Television on Monday, Fasua said those profiting from higher prices are largely Nigerians, including farmers, traders, importers and landlords.  “You are complaining about rising food prices. When the price of food goes up, who makes the money? Farmers make the money; traders make the money; importers make the money. They are Nigerians,” he said.  Addressing concerns over the surge in rental costs, Fasua added that Nigerian landlords are also benefiting from the increase.  “People complain about high rental prices. Who is making the money? Nigerian landlords! They are making money right now as we speak. So call it a 50-50. Things are not as bad as you claim,” he stated.  His remarks come amid continued publ...
Continue Reading »

"SOLOMON NDIGBARA AND THOMAS BARIERE ARE THE ARCHITECTS OF KIDNAPPING, CULTISM AND INSECURITY IN OGONILAND." - BRIGHT

Image
The BOT Chairman of Ken Saro Security Surveillance Limited, Mr. Bright Nwinyodee, has recently made several allegations against the King of Yeghe, His Royal Majesty Solomon Ndigbara, and the Chairman of Khana Local Government Area, Thomas Bariere. In a recent video that is trending online, Bright alleges that the king has been involved in many of the criminal and kidnapping activities taking place in Ogoniland. He further alleges that after participating in the Federal Government's amnesty programme introduced by the late President Umaru Musa Yar'Adua, King Solomon Ndigbara continued his alleged criminal activities in Ogoniland, including the killing of some prominent sons of Ogoni. He also alleges that Solomon Ndigbara killed a high-profile lecturer in his community. Bright further alleges that Solomon Ndigbara was responsible for the deaths of some prominent sons of Kaani. "Solomon Ndigbara killed two prominent sons of Kaani, Barilee Jack and P.O.," he a...
Continue Reading »

2027 ELECTIONS: U.S WILL CLOSELY MONITOR HOW NIGERIA CONDUCTS THE GENERAL ELECTIONS - U.S CONGRESSMAN RILEY MOORE

Image
A member of the United States House of Representatives, Riley Moore, has said the administration of President Donald Trump will closely monitor how Nigeria conducts its 2027 general elections. Moore, a Republican representing West Virginia, made the remarks during an interview with NoireTV published on Sunday while responding to questions about Nigeria’s next general election. Speaking on whether the US could do more to support credible elections in Nigeria, Moore said Washington would pay close attention to how the elections are conducted and their outcome. “What I’d say is that we’re certainly going to be watching these results and how these elections unfold and how they’re executed. And that’s something that myself and the administration are going to be paying very close attention to.” The lawmaker also disclosed that the US House of Representatives is considering an appropriations bill containing provisions relating to Nigeria, particularly on religious freedom and US s...
Continue Reading »

""FAKE" AGENCY DG CONFRONTS TINUBU'S CHIEF OF STAFF, GBAJABIAMILA

Image
A video of Prince Adeniyi Adeyemi Matthew, the man at the centre of the alleged ₦1.3bn “ghost agency” scandal, has resurfaced online on Monday as the controversy surrounding the purported government agency continues to intensify. The video, recorded during a press conference held in late June 2026, showed Adeyemi defending his claim to the leadership of the alleged Presidential Foreign Intervention Promotion Council while challenging the position of the Presidency and the Office of the Chief of Staff to the President, FemiGbajabiamila. During the briefing, Adeyemi questioned how an agency described by the Presidency as non-existent could appear in official budget documents. According to him, “the national budget does not emerge in isolation. It passes through multiple layers of technical drafting, executive coordination, ministerial inputs, Budget Office review, and finally legislative scrutiny by both chambers of the National Assembly.”
Continue Reading »

"YAHOO BOYS STOLE A JUDGE'S CHILD'S N7.2 MILLION SCHOOL FEES FROM A BANK ACCOUNT OVERNIGHT" - EFCC CHAIRMAN

Image
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has raised concerns over the growing thre@t of internet fra¥d, popularly known as Yahoo Yahoo, recounting how fra¥dsters emptied ₦7.2 million from the bank account of a serving judge in the middle of the night. Olukoyede shared the incident while speaking at the public presentation of two books authored by retired High Court judge, Justice Alaba Omolaye-Ajileye. According to him, he was awakened around 1 a.m. by a distress call from a serving judge in one of the South-South states, who had just fallen victim to cybercr+minals. He explained that the judge said she had been saving the money for six years to pay her child’s school fees. She was alerted by multiple debit notifications that came in around midnight, and before she could stop the transactions, about ₦7.2 million had been withdrawn from her account. Olukoyede revealed that the incident occurred in the same state where a court ha...
Continue Reading »

THOUSANDS OF PORT HARCOURT RESIDENTS CRY OUT AFTER ALLEGED NRC AND M-TAG PONZI SCHEME COLLAPSE

Image
Thousands of residents of Port Harcourt have expressed frustration after allegedly losing millions of naira to investment platforms known as NRC and M-TAG, which many now describe as a Ponzi scheme. Several victims who spoke to RwGBlog News narrated how they invested substantial amounts of money in the platforms after being promised high returns and attractive promotional bonuses. One of the victims told RwGBlog News that he invested over ₦7 million after being assured that his capital would be returned while the company traded with its own bonus funds. He disclosed that the money belonged to a contribution group under his care and had not yet been distributed to its rightful owners. Another resident, who said he did not invest in the scheme, criticized the growing trend of Nigerians investing in unrealistic ventures. «"Nigerians never seem to learn. If another platform like this appears today, many people will still invest. How can someone promise to pay you ₦10,000 e...
Continue Reading »

FORMER CHINESE OFFICIAL WHO PLEADED GUILTY SENTENCED TO DEATH FOR ACCEPTING OVER $325 MILLION BRIBES

Image
A court in eastern China has sentenced former Nanjing city official Yang Youlin, 69, to d+ath after convicting him of accepting more than 2.2 billion yuan ($325 million/£243 million) in bribes over a 30-year period.  Yang, who held various government positions in Nanjing between 1993 and 2023, was also found guilty of embezzlement, abuse of power, and money laundering. Authorities said his illegal earnings rank among the largest recorded in recent years.  According to Chinese state media, Yang used his official positions to help individuals obtain engineering contracts, land transfers, and financing in exchange for cash and other valuables.  His prosecution came as part of President Xi Jinping’s ongoing anti-corruption campaign, which has targeted senior officials across sectors including the military and banking.  The Changzhou Intermediate People’s Court ruled that Yang’s crimes were “extremely serious” and caused “exceptionally heavy losses to the inte...
Continue Reading »