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Nairaland Forum / Nairaland / General / Politics / Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal (2152 Views)
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Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by IllegalMoney: 7:31am On Sep 14, 2018 |
Buhari's damaging and outdated monetary policy has been crippling the Nigerian Economy and led the country into recession Buhari's anticorruption drive that is selective and focused on senior members of the opposition party creates deep political divisions. Meanwhile, members of Mr. Buhari’s own cabinet, accused of large-scale corruption, walk free. Seventy percent of the national treasury is spent on the salaries and benefits of government officials, who make upwards of $2 million a year. The manufacturing sector, essential to Nigeria’s diversification, has been hardest hit, exacerbating an already fast-growing employment crisis. Foreign investors have started to flee en masse. Nigerian President Muhummadu Buhari writes of building an economic bridge to Nigeria’s future (“The Three Changes Nigeria Needs,” op-ed, June 14). It’s hard to see how his administration’s inflexibility, lack of vision and reactive approach will achieve this. Mr. Buhari notes that building trust is a priority for Nigeria. But an anticorruption drive that is selective and focused on senior members of the opposition party creates deep political divisions. Meanwhile, members of Mr. Buhari’s own cabinet, accused of large-scale corruption, walk free. Seventy percent of the national treasury is spent on the salaries and benefits of government officials, who make upwards of $2 million a year. As for Mr. Buhari’s ideas to rebalance the economy and regenerate growth, his damaging and outdated monetary policy has been crippling. The manufacturing sector, essential to Nigeria’s diversification, has been hardest hit, exacerbating an already fast-growing employment crisis. Foreign investors have started to flee en masse. Mr. Buhari makes only brief mention of the country’s deteriorating security situation. But security and stability are precursors to economic growth and development. Boko Haram has been pushed back for now, but little attention is paid to the structural issues that have spurred its rise. Instead, the Nigerian government has diverted much-needed military resources to the Niger Delta, where rising militancy has reduced Nigeria’s oil production to less than half the country’s capacity, and half the amount required to service the national budget. Much of these tensions arise from Mr. Buhari’s decision to cut amnesty payments to militants and an excessively hard-line approach in a socially and politically sensitive environment. Other ethnic tensions are also growing. In the country’s south, protests have been met by a bloody response from the Nigerian military, stoking the fire and galvanizing support for an independent state of Biafra. Rising tensions could again pose one of the greatest threats to Nigeria’s stability and future. Pete Hoekstra Senior Fellow The Investigative Project on Terrorism Washington Mr. Hoekstra was the former chairman of the U.S. House Intelligence Committee from 2004 to 2007. https://www.wsj.com/articles/buhari-is-nigerias-problem-not-its-solution-1466109183 3 Likes 1 Share
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Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by IllegalMoney: 7:31am On Sep 14, 2018 |
Buhari's damaging and outdated monetary policy has been crippling the Nigerian Economy and led the country into recessionBuhari is an iredeemable disaster Buhari is an iredeemable failure 4 Likes
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Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by IllegalMoney: 7:31am On Sep 14, 2018 |
Buhari is a curse to Nigeria How did we get our self Ingo this disaster called Buhari 6 Likes
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Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Lomprico2: 7:31am On Sep 14, 2018 |
Gbam!! He is a bigot, a tyrant and the world's 3rd most dangerous terrorist group kingpin. 4 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Racoon(m): 7:34am On Sep 14, 2018 |
"...Buhari's damaging and outdated monetary policy has been crippling the Nigerian Economy and led the country into recession. 3 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Nbote(m): 7:34am On Sep 14, 2018 |
We all know... Dis is an open secret that is crystal clear.. But expect E-diots to com and blame d report on PDP and Igbos 5 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by CROWNWEALTH019(m): 7:34am On Sep 14, 2018 |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Kingosytex(m): 7:34am On Sep 14, 2018 |
in buhari you have illiteracy, religious fanaticism and extremism, tribalism, ethnicism, forgery and corruption personified. buhari is deadly, his foot soldiers(HERDSMEN) are really doing the assignment entrusted to them by this tyrant. 5 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by chriskosherbal(m): 7:36am On Sep 14, 2018 |
This Table You Are Shaking eeeeeh 4 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by BekeeBuAgbara: 7:38am On Sep 14, 2018 |
The history of Buhari is there for everyone to see, you don't expect an Arsonist to be a firefighter. 5 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by ORACLE1975(m): 7:46am On Sep 14, 2018 |
Wsj 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by KingsCity: 7:50am On Sep 14, 2018 |
You don't allow someone who can't even prove he has ordinary school cert to lead your country in this 21st century 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by deomelo: 7:53am On Sep 14, 2018 |
June 16, 2016 4:33 p.m. ET Old rubbish by a Washington paid lobbyist.. Next.. 1 Like |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by AroleOduduwa(m): 7:59am On Sep 14, 2018 |
Buhari is a tyrant, a coup plotter, a corrupt hypocrite. He lead a coup against democratic elected government, history will never be kind to him and his sai barbers 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Angelparadise: 7:59am On Sep 14, 2018 |
Well meaning Nigerians must pray against all this evil forces holding Nigeria progress backwards. A country rule by evil wicked rulers make its people unhappy. 3 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by BeeBeeOoh(m): 7:59am On Sep 14, 2018 |
Buhari is nothing but a disaster 3 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by spartan117(m): 8:16am On Sep 14, 2018 |
Buhari has been rejected by every sane individual and organization both home and abroad. Only bigots and illiterates still support him. #back2daura #NeverReinforceFailure #lifeless 3 Likes
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Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by gidgiddy: 8:34am On Sep 14, 2018 |
Buhari is a monumental disaster and I shall forever be proud of my fellow Igbos who saw him for what he truly is and rejected him in 2015 7 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Bibors(m): 8:43am On Sep 14, 2018 |
Just wait and see Lai Muhammad, Garba Shehu and Lorretha claim that Saraki paid Wall Street to write the article to cajoule the irredeemable iredentist from doing this sherrif job. 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Dreambeat: 9:08am On Sep 14, 2018 |
It's obvious that the international community wants the lifeless one to go.I am sure the lifeless one has smelt the coffee 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by FarahAideed: 9:13am On Sep 14, 2018 |
He has always been the problem since that day he overthrew Shagari and it was at the point Nigeria lost it's direction and became a rudderless society .... Buhari should be tried for the coup and punished publicly .... 3 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by FarahAideed: 9:15am On Sep 14, 2018 |
Lomprico2: Second and third most dangerous...AlBagdadi is a learner near Buhari 3 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by xcolanto(m): 10:44am On Sep 14, 2018 |
WSJ is IPOB!! According to Nairaland zombies 3 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Arthurity1(m): 10:57am On Sep 14, 2018 |
xcolanto:don't mind the uneducated people abeg... Every small thing they will blame IPOB and igbos for their problems. 4 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Arthurity1(m): 11:01am On Sep 14, 2018 |
And yet some people won't hum to run for a second term. When will people learn, is it until recession hits us so hard that we would be begging on the road for food to eat? 4 Likes 1 Share |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by Nobody: 11:19am On Sep 14, 2018 |
Bu hari s a curse to humanity! nothing good has ever come out him than poverty, regret, sorrow, death, wickedness, nepotism, backwardness etc 4 Likes 1 Share |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by saaron(m): 11:30am On Sep 14, 2018 |
The jihadist tribal bigot has been rejected in and outside Nigeria. 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by saaron(m): 11:34am On Sep 14, 2018 |
Kingosytex:A deadly combination. No wonder the economy is on the verge of collapse. 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by KingRagnar: 12:24pm On Sep 14, 2018 |
What wall street journal is this? This journal is from the streets of Ajegunle or nothing far. People/someone seat at home, somewhere in Nigeria and write up stories that are unfounded and full of fallacies and put up names of the executives of the real Wall Street Journal. Check for facts before you believe |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by IBBG(m): 12:30pm On Sep 14, 2018 |
KingRagnar:Baba if you are in doubt click the link to verify first before you claim is false. 2 Likes |
Re: Buhari Is Nigeria’s Problem, Not Its Solution--Wall Street Journal by IBBG(m): 12:33pm On Sep 14, 2018 |
buhari has got to be retired in 2019 polls. Jonathan sins were not this worse but was sent packing. We've got to prove to political class that the nigeria citizenry will not tolerate ineptitude and cluelessness in our seat of governance. 2 Likes |
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