The challenges facing Nigeria, the Africa's largest economy continue to grow: Oil revenues are down, currency value has slipped and Boko Haram, killer herdsmen and Bandits have murdered more than fifty Thousand people. I expect the president elect reform agenda to show tangible results. Given these imperatives, here are four things Bola Ahmed Tinubu can do to get the ball rolling:

1. Trim down the parastatals.

Tinubu has an opportunity to realize immediate savings by eliminating or merging some of Nigeria’s more than 500 federal parastatals and boards. Parastatals are government-operated companies or commercial agencies. Pundits allege that past presidents used parastatal appointments to cultivate national political allies and provincial cronies. These institutions, which range from the lucrative to the modest to the moribund, have long been a cornerstone of corruption in Nigeria

2. Tame the white elephants.

Tinubu’s apparent determination is to revive the two “white elephant” economic sectors;
1. Domestic Oil Refineries
2. Steel Mills.

Nigeria is replete with these kinds of investment projects where state-owned enterprises are funded for long periods even if they incur huge losses. For decades, Nigerian leaders have thrown good money after bad at these projects because, as scholars argue, white elephant projects yield short-term political gains.

Tinubu, like any of the rest of us, could stumble into a sunk cost dilemma where his efforts to maximize future returns of Nigeria’s white elephants only increase their cumulative losses. Instead, he should address the graft, inconsistent policies and opaque privatization deals that experts say turned these industries into white elephants in the first place.

3. Control the National and Subnational Debts.

The balance sheets of the country’s 36 states are sinking deeper into the red. In a decentralized federal system like Nigeria’s, state budgets typically affect the lives of ordinary citizens more than federal spending does. States’ borrowing trends are risky and need to be addressed, according to a recent report by the African Development Bank.

All but a few states generate minimal revenue outside of their monthly allocation of Nigeria’s anemic oil income. While Nigeria’s national debt is still relatively low by global standards, fiscal federalism means that if states default on their debts, the federal government foots the bill.

4. Legislate for the long run.

Nigeria will need to feel the “Tinubu Effect” The best way for him to protect his legacy is to partner with the National Assembly to enact legislation enshrining key reforms. With few other politicians like him on the horizon, Tinubu should put his legacy in writing.

Thank you.

Though I didn't read it,
I know he lacks legitimacy.
Anyone who steals a mandate cannot serve the people with it.

That said,
Tinubu should keep his explanations to himself because when Nigerians wanted him to grant interviews, he was evading us.

kolafolabi:
The challenges facing Nigeria, the Africa's largest economy continue to grow: Oil revenues are down, currency value has slipped and Boko Haram, killer herdsmen and Bandits have murdered more than fifty Thousand people. I expect the president elect reform agenda to show tangible results. Given these imperatives, here are four things Bola Ahmed Tinubu can do to get the ball rolling:

1. Trim down the parastatals.

Tinubu has an opportunity to realize immediate savings by eliminating or merging some of Nigeria’s more than 500 federal parastatals and boards. Parastatals are government-operated companies or commercial agencies. Pundits allege that past presidents used parastatal appointments to cultivate national political allies and provincial cronies. These institutions, which range from the lucrative to the modest to the moribund, have long been a cornerstone of corruption in Nigeria

2. Tame the white elephants.

Tinubu’s apparent determination is to revive the two “white elephant” economic sectors;
1. Domestic Oil Refineries
2. Steel Mills.

Nigeria is replete with these kinds of investment projects where state-owned enterprises are funded for long periods even if they incur huge losses. For decades, Nigerian leaders have thrown good money after bad at these projects because, as scholars argue, white elephant projects yield short-term political gains.

Tinubu, like any of the rest of us, could stumble into a sunk cost dilemma where his efforts to maximize future returns of Nigeria’s white elephants only increase their cumulative losses. Instead, he should address the graft, inconsistent policies and opaque privatization deals that experts say turned these industries into white elephants in the first place.

3. Control the National and Subnational Debts.

The balance sheets of the country’s 36 states are sinking deeper into the red. In a decentralized federal system like Nigeria’s, state budgets typically affect the lives of ordinary citizens more than federal spending does. States’ borrowing trends are risky and need to be addressed, according to a recent report by the African Development Bank.

All but a few states generate minimal revenue outside of their monthly allocation of Nigeria’s anemic oil income. While Nigeria’s national debt is still relatively low by global standards, fiscal federalism means that if states default on their debts, the federal government foots the bill.

4. Legislate for the long run.

Nigeria will need to feel the “Tinubu Effect” The best way for him to protect his legacy is to partner with the National Assembly to enact legislation enshrining key reforms. With few other politicians like him on the horizon, Tinubu should put his legacy in writing.

Thank you.

Mynd44

The only thing he can do is to return the certificate inec gave am and declare on national TV that he didn't win. That should do.

With a stolen mandate he can do nothing as long the system that brought him in is corrupt and criminal