Delay in the appointment of ministers, failure to check the
marauding Fulani herdsmen and flawed monetary policies
are all hallmark of President Muhammadu Buhari’s failure,
according to award-winning novelist Chimamanda Ngozi
Adichie.
“He had an opportunity to make real reforms early on, to
boldly reshape Nigeria’s path. He wasted it,” Adichie said in
an op-ed published by the New York Times on Wednesday.
In spite of her admission that Nigeria, as the most populous
nation in Africa, is difficult to govern, and that falling oil
prices were beyond the president, Adichie noted that certain
policies the present government had implemented were anti-
development.
“After an ostensible search for the very best, he presented
many recycled figures with whom Nigerians were
disenchanted. But the real test of his presidency came with
the continued fall in oil prices, which had begun the year
before his inauguration,” she continued.
“Nigeria’s economy is unwholesomely dependent on oil, and
while the plunge in prices was bound to be catastrophic, Mr.
Buhari’s actions made it even more so.
“He adopted a policy of ‘defending’ the naira, Nigeria’s
currency. The official exchange rate was kept artificially low.
On the black market, the exchange rate ballooned. Prices for
everything rose: rice, bread, cooking oil. Fruit sellers and car
sellers blamed ‘the price of dollars’. Complaints of hardship
cut across class. Some businesses fired employees; others
folded.
“The government decided who would have access to the
central bank’s now-reduced foreign currency reserves, and
drew up an arbitrary list of worthy and unworthy goods —
importers of toothpicks cannot, for example, but importers of
oil can. Predictably, this policy spawned corruption: The
exclusive few who were able to buy dollars at official rates
could sell them on the black market and earn large, riskless
profits — transactions that contribute nothing to the
economy.”
She said certain presidential actions or inaction are
contributing to Nigerians’ declining hope which is
precipitated by an economy in a downward slide. These
include a selective anti-corruption drive, insecurity
occasioned, largely, by activities of Fulani herdsmen, the
invasion of judges’ residences by operatives of the
Department of State Services (DSS), and the perceived
promotion of ‘northern Sunni Muslim agenda’.
Though Adichie acknowledged the difficulty in solving the
malaise she highlighted in the op-ed, she insisted the
government could have done more to make the situation
better.
“There are no easy answers to Nigeria’s malaise, but the
government’s intervention could be more salutary — by
prioritising infrastructure, creating a business-friendly
environment and communicating to a populace mired in
disappointment,” she said. http://m.guardian.ng/news/buhari-has-lost-chance-to-reform-nigeria-says-chimamanda-ngozi-adichie/

It's True

Buhari is the founder of boko haram

Old story.

Kilode

play fuji

charix:
Old story.

see your face like old story. Adidas face.

jimi4us:
see your face like old story. Adidas face.

Ok, run along now, you have been noticed.