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The Real Buhari In Perspectives. - Politics - Nairaland

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The Real Buhari In Perspectives. by tomakint: 12:13pm On Jul 06, 2017
I have studied over the years the political and social tempo of my Country, Nigeria over the years and I have discovered that Nigerians are one of the most miserable set of Homo sapiens on Earth and yet the most hopeful even against all odds. Yes, most miserable because their leaders over the years have subjected them to a state of squalor and unimaginable poverty and hardship which they don't deserve going by the economic potentials of Nigeria coupled with the intellectual potentials of Nigerians yet like a dumb sheep taken to the slaughter house to be killed they (Nigerians) allow these "useless things" they called leaders to make mincemeat of them in broad day light without a reasonable resistance to prove that they are fed up with the daily torments they are loaded with by these "wicked looters and demons in power"!

As much as they (Nigerians) enjoy being trampled upon by their tormentors in power,  they still show rays of hopes even in the face of these hardship that seems to defy reasonable logic in the law of Nature as endorsed by Providence that when pushed to the wall the next thing is to face that enemy pushing you to the limit. In Nigerians case, they are not only pushed to the limit but pushed beyond limit yet radiates "self-generated hope" just to wish away the physical and damning pains they don't deserve in their imaginations. 

History as we are told, is Prophecy! History is the Station we all can tune into to predict the Future and this is how the topic, "The Real Buhari In Perspectives" came about. Buhari is not lettered in economic issues and definitely a die-hard fundamentalist too typically bent to accommodate brighter minds in his fold but prefers people from his "side" and their "cronies" from another particular tribe. These are flawless qualities of a man blind supporters are bringing into the mainstream of modern day political designs and true to type, we all are in a deep mess for bringing a retired General who is not in tune with the current political situation of a jet age to rule over us. As it stands, if by reason of his illness Buhari can no longer continue, Osinbajo will go through hell to emerge as President based on the fact that his political foe, an egotistical, mean, ambitious Saraki is the head of a Senate that needs to back Osinbajo up in his bid to emerge as the President in case of eventualities on Buhari, however stiffer challenges await Osinbajo if he is eventually sworn in as the cabals are already in his government and the Herculean task of weeding them out or emasculating them so as to deliver on his electoral promises will be firmly resisted since their "boy", Saraki, is ready to do the dirty jobs for his masters (the cabals)!

Lest I deviate from the purpose and aim of this piece, let me state here that going by my assertion on the power of history and prophecy, it is very clear now that the Biblical question on, "Can a Leopard change its spots?" deserves a resounding capital NO as an answer on Buhari! Going by what I was able to scoop out below from the ECONOMIST WEBSITE on the man, Buhari, I think your guess on the man is as good as mine. Happy reading friends.........

Background
Godwin Emefiele, the governor of Nigeria’s central bank, has been criticised in recent weeks for attempting to prop up the value of the naira, the country’s currency, by restricting access to foreign exchange and banning imports of certain goods. In the absence of a clear economic strategy from the country’s new president, Muhammadu Buhari, Mr Emefiele is taking an increasingly central role in determining Nigeria’s industrial policy. His tactics sound familiar. As this article from The Economist archives shows, Nigeria has pursued a protectionist policy like this before, in 1984—under Muhammadu Buhari, a young general who had won the presidency in a coup on December 31 1983.



Nigerians reluctant to tighten their belts for their former civilian leaders were ordered by the soldiers this week to take in another notch. Nigeria's central bank announced a sharp cut in foreign ex­change available for imports.

At 287m naira ($380m) a month, the new limit is less than half as much as Nigeria spent on merchandise and invisi­bles last year. It is almost a third lower even than the tough target set by ex-President Shehu Shagari in the budget presented two days before Major-Gener­al Muhammadu Buhari's coup.

Though the cut may turn out to be less swingeing than it sounds—senior officials told commercial bankers in London this week that a little over 4 billion naira will be made available for the year—there is no doubt that the new government means to cut imports heftily. Foreign bankers and creditors are happy. They see it as a sign that Nigeria is serious about living within its shrinking means.

Export earnings from oil dropped from $25 billion in 1980 to just under $10 billion in 1983. Though a swift rise in imports from $11.8 billion in 1979 to $18.4 billion in 1981 was checked in 1982, Nigeria amassed a current-account deficit of some $16.5 billion in the three years from 1981.

A deep cut in the import bill will free foreign exchange to service Nigeria's ex­ternal debt. This is likely to take 30-40% of export earnings in each of the next few years. But a big fall in imports could ruin the new regime's reputation at home. It is popular at the moment. Though General Buhari has promised no free lunches, people expect him to bring down prices and increase supplies of essential goods. They were beginning to grouse that he was moving too slowly—but cutting im­ports was not the step most had in mind.

Many consumer goods, including ba­sics such as detergents andcooking oil, are already scarce. Import restraints since April, 1982, and the growing reluctance of foreign suppliers to finance trade with slow-paying Nigeria have combined to reduce both the volume and the dollar value of imports in 1983 to below their 1980 level. Attempts by over-zealous sol­diers in the first weeks after the coup to impose bargain prices in the shops have made shortages worse as traders hoard now what they managed to hide then. Even black-market champagne and French perfume are vanishing as soldiers patrol the borders for smuggling.

Manufacturers are feeling the pinch the most. Nigeria buys about 75% of its industry's raw materials abroad. More than 100 businesses stopped production in 1983 because they could not get foreign exchange for imports. Many employees are taking next Christmas's holiday now. Registered unemployment, up by more than 40% in 1982, is still rising. So is inflation, conservatively estimated at an annual 20%.

Food supplies are affected too, though so far in towns high prices are a bigger complaint than shortages. Nigeria spent some $1.5 billion in 1983 on food im­ports, including 2m tons of grain. It is likely to need $2 billion this year. Drought in the north may have reduced the grain harvest by up to 50%, and there is an outbreak of rinderpest in cattle.

Under still imprecise new rules, 58% of imports will be raw materials and indus­trial spare-parts; 12%, food; 18%, con­sumer goods; and 12% for invisibles, such as foreign travel and management-fee remittances. This is in sharp contrast to the pattern of the past few years; when consumer goods accounted for 40% of all imports and raw materials only 25%.

The new government says it will keep prices of essentials down by cutting out middlemen who used to take a cut on each of five or six transactions between ship and shop. This sounds optimistic, but the true level of Nigeria's imports has long been inflated by overinvoicing and false pricing. Kicking out the crooks at home and buying more competitively abroad should reduce the fall in the volume of imports, officials hope.

Previous attempts to order Nigeria's foreign-exchange priorities have foun­dered on corruption and inefficiency. Will General Buhari and his powerful number two, Major-General Babantunde Idiagbon, do better?

On corruption, modest improvement is likely. Many of the biggest suspected wrongdoers have already left. General Buhari has said there will be no witch-hunt. He probably cannot afford one.

http://www.economist.com/news/middle-east-and-africa/21666090-can-nigerias-buhari-take-import-monster-and-win?fsrc=scn%2Ftw_ec%2Fcan_nigerias_buhari_take_on_the_import_monster_and_win_

Cc: Lalasticlala
Re: The Real Buhari In Perspectives. by davidodiba(m): 12:34pm On Jul 06, 2017
Buhari








































Please, resign

1 Like

Re: The Real Buhari In Perspectives. by Ratello: 5:02pm On Jul 06, 2017
Hmmnnn......this is deep! It's a pity those Buhari monkey chanters couldn't smell the coffee. Where is Gbawe and Koboko69 sef? embarassed

4 Likes

Re: The Real Buhari In Perspectives. by OgaBuhari: 5:03pm On Jul 06, 2017
Buhari is a cow. Malu

3 Likes

Re: The Real Buhari In Perspectives. by CharlotteFlair: 5:58pm On Jul 06, 2017
OgaBuhari:
Buhari is a cow. Malu
A cow will feel insulted by this. Buhary is a decomposed vegetable.

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Re: The Real Buhari In Perspectives. by OgaBuhari: 6:17pm On Jul 06, 2017
CharlotteFlair:
A cow will feel insulted by this. Buhary is a decomposed vegetable.
hahaha oboy you come worse for yabbing pass me o.

When Chinakwe named his dog buhari, animal rights activists protested that calling buhari a cow is an insult to cows. Lol..
Buhari is a rotten garbage that needs to be disposed in a refuse bin

2 Likes

Re: The Real Buhari In Perspectives. by CharlotteFlair: 6:24pm On Jul 06, 2017
OgaBuhari:
hahaha oboy you come worse for yabbing pass me o.

When Chinakwe named his dog buhari, animal rights activists protested that calling buhari a cow is an insult to cows. Lol..
Buhari is a rotten garbage that needs to be disposed in a refuse bin
Yessso!

3 Likes

Re: The Real Buhari In Perspectives. by Ratello: 5:11am On Feb 09, 2018
Buhari is indeed predictable more like nothing has really changed over the years.

3 Likes

Re: The Real Buhari In Perspectives. by tomakint: 11:37am On Mar 23, 2018
I thought this piece will be pushed to the front page for reference sake but I have been vindicated on the character, Buhari, right from the beginning. Lalasticlala, do it now!

3 Likes

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