Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,161,449 members, 7,846,883 topics. Date: Saturday, 01 June 2024 at 05:50 AM |
Nairaland Forum / Nairaland / General / Politics / The Worst Government In Nigeria History. By Femi Aribisala (1978 Views)
"Wike Has Performed Better Than Federal Government In Just Two Years" - Akpabio / The Worst Government In The History Of Nigeria (1), By Femi Aribisala / A Compendium Of Buhari' S Cluelessness: Femi Aribisala (2) (3) (4)
The Worst Government In Nigeria History. By Femi Aribisala by EFGH: 5:44pm On Jun 07, 2016 |
George Santayana says: “Those who cannot remember the past are condemned to repeat it.” If Nigerians were not so forgetful, we would not now be saddled with the burdensome presidency of Muhammadu Buhari. In his first coming as military head-of-state in 1984, Buhari took Nigeria’s economy from bad to worse. Under him, our national debt rose from $14 billion to $18 billion in less than two years; with the result that Nigeria was no longer able to meet its financial obligations to global bankers. We had to queue for essential commodities, such as bread and milk, which were hard to find. Raw materials and spare parts needed to keep factories running were scarce. Rather than create jobs, tens of thousands of workers lost their jobs. Inflation rose to the astronomical level of 40%. When Buhari seized power, Nigeria’s GDP was $444. When he was overthrown in 1985, Nigeria’s GDP had dropped dramatically to $344. When Buhari seized power, one dollar exchanged for 0.724 naira. But by the time he was overthrown, one dollar exchanged for 0.894 naira; a 23% devaluation in barely two years. It was not surprising, therefore, that there was wild jubilation throughout the length and breadth of Nigeria when Buhari was overthrown. Litany of failure History is now repeating itself in Nigeria. Since electing Buhari as president one year ago, Nigeria’s GDP has plummeted, with the economy suffering a negative growth in the first quarter of 2016; the worst in 25 years. Prices have skyrocketed. Investors have packed their bags and left Nigeria. Job losses and lay-offs have increased geometrically. Petrol stations have surreptitiously doubled their prices. Nigeria is now on the cusp of a recession. Buhari was handed over $30 billion in foreign reserves by the Jonathan administration. He inherited over $2.5 billion in the Sovereign Wealth Fund; $1.4 billion in the ECA; and $4.65 billion in back taxes from NLNG. But virtually all of this has been squandered in one year of gross incompetence. The president took the illegal and ill-advised step of providing N713 billion as bailout for insolvent state governments, without the approval of the national assembly, only to discover that those monies were squandered and not even used as intended to pay salary arrears. He squandered billions of dollars defending doggedly an unrealistic official value of the naira, only to finally admit defeat after the damage had been done. Billions of dollars were mopped up by corrupt officials and shrewd middlemen who obtained dollars at the official N200 to $1 rate, only to sell this for huge profit at the N380 to $1 black market rate. Babatunde Fashola boasted while in opposition that: “A serious government will fix the power problem in six months.” Now in office as Minister of Power for over six months, power blackouts have been unprecedented under his watch condemning the Buhari administration by his own words as a most unserious government. Change for worse Goodluck Jonathan warned Nigerians about the bankruptcy of Buhari and the APC. His words have now become prophetic. He said in the heat of the 2015 election campaign: “The choice before Nigerians in the coming election is simple. It is a choice between going forward and backward, between the new ways and old ways, between freedom and repression, between a record of visible achievements and beneficial reforms and desperate power seekers with empty promises.” After 365 days of a disastrous Buhari presidency, only diehard Buharimanics can deny that Jonathan’s warning has not come true. Propaganda has an expiration date, and it must now be abundantly clear that the expiration date for the hot air of Buhari’s government has long passed. Many of those like Dele Sobowale, Oby Ezekwesili and Wole Soyinka, who sang the praises of Buhari during the 2015 election, are already having a buyer’s remorse. Most Nigerians now realise they have been sold a fake bill of goods by Buhari and the APC. Buhari’s maladroit approach to Nigeria’s diversity has created new fissures. Fulani herdsmen continue to kill innocent farmers while Buhari sees no evil and hears no evil. We are now saddled with a burgeoning secessionist movement that gets more incendiary by the day as the government continues to violate Nigerians’ right to self-assembly by shooting down pro-Biafra activists. Even more devastating is the fact that Buhari’s body language of Northern domination has energized an irredentist movement in the Niger Delta dedicated to blowing up Nigeria’s economic jugular of oil pipelines and installations. As a result, Shell has had to shut down its Forcados terminal. Chevron’s Escravos operation has been breached. ENI and Exxon Mobil have declared “force majeure.” The outcome is that Nigeria’s oil production is now down from 2.2 million barrels a day to 1.4 million. Under the circumstances, how can the government possibly celebrate its one-year anniversary except by attempting to pull the wool over the eyes of Nigerians? What precisely can Buhari claim credit for in his one year of woeful, do-nothing presidency? Sound and fury signaling nothing In his speech to Nigerians on his anniversary, the President claimed: “We identified forty-three thousand ghost workers through the Integrated Payroll and Personnel Information system.” This is a case of taking credit where credit is not due because of failure to achieve. The Integrated Payroll and Personnel Information system is a legacy of the PDP administration. It was introduced by Ngozi Okonjo- Iwealla in 2007. Therefore, it is disingenuous for Buhari to try to get credit for it. Buhari also said: “The first steps along the path of self-sufficiency in rice, wheat and sugar, big users of our scarce foreign exchange, have been taken.” But Mr. President, the first steps were not taken by your government. If we are well on the way to self- sufficiency in food production, it is because of steps taken by the Jonathan administration, under the transformative leadership of the Akinwunmi Adesina as Minister of Agriculture. It was under Jonathan that dry-season rice farming was introduced, enabling Nigeria to reach 60% self- sufficiency in rice production. It was under Jonathan in 2014, and not under your administration in 2015/16, that Olam Rice Farm, the biggest rice-processing mill in Africa, with 105,000 metric tons capacity, was commissioned in Rukubi, Nasarawa State. The president said furthermore: “We are projecting non-oil revenues to surpass proceeds from oil.” Again, this would not be as a result of any government- induced improvement in the non-oil sector of the economy but would simply be as a result of the decline in oil prices. Buhari acolytes fanned out in the media, giving him credit for the TSA, even though it was the brainchild of the Jonathan administration. They credit him with the TSA, not realising its imprudent timing has provoked the widespread sacking of bank employees. They claim bombastically that as much as N2.2 trillion has been saved through the TSA. At the same time, Lai Mohammed and Rotimi Amaechi are sent to convince Nigerians the country is broke. Buharimaniacs even claim the president’s outrageous 30 junkets abroad within the year of Nigeria’s economic adversity has ensured Nigeria is no longer a pariah nation. However, Nigeria was not a pariah nation before Buhari came: Nigeria has become a pariah nation since the coming of Buhari. Before Buhari, Nigeria was the number one destination- country for foreign investments in Africa. Since Buhari’s arrival, foreign investor have left in droves. Goodbye to change To demonstrate to Nigerians that his anti-corruption policy is achieving great success, Buhari promised to publish the names of those who had returned looted money to the government. This would confirm once and for all that the government’s anti-corruption program is an effective tool for re-harnessing the nation’s lost resources. But having won plaudits for this pledge, the government no longer had any need for it. It soon became another casualty of its APC (All Promises Cancelled) tendency. No sooner had the promise been made than the announcement came that the government would no longer be releasing the names. But should a president make promises without first thinking it through? Would this tendency not convince the international community that the government of Nigeria cannot be trusted? The government’s last-minute excuse that it changed its mind because it does not want to embarrass those returning the monies is not credible. This administration routinely leaks to the press the names of those under investigation by EFCC. That means it names publicly those accused of corruption even when they have not been convicted of corruption. Now it wants us to believe it is reticent about naming those who took government money and agreed to return them. The government’s disdain for promises made continued. On 30 May, 2016, while hosting State House correspondents in Aso Rock, the president told Nigerians the change mantra on which he fought and won the 2015 election has been thrown out of the window. He said: “We recently just found out that we are poor because we don’t have anything to fall back to. This is the condition we found ourselves and this change mantra had to go through hell up till yesterday.” Having suddenly discovered, after one year in office, that rich Nigeria is actually poor, the president then sent Lai Mohammed to tell Nigerians the government has recovered a whopping $9 billion of loot from PDP politicians. Just how poor does that make the government? Contradictions galore It is more than abundantly clear that the Buhari administration simply cannot be truthful. How can the government be poor, and at the same time have $9 billion recovered from looters? How can the government have $9 billion recovered, yet it went cap- in-hand to the Chinese seeking a loan of $2 billion? If $9 billion has been recovered, then Nigeria is not broke. If $9 billion has been recovered, the government should now be able to fulfil its failed campaign promises. This is what the president said one year earlier: “The monies we realise from anti-corruption campaign will be adequately used to improve education in the country.” “The money saved will finance jobs, health- care and the provision of social safety net for the needy, weak and vulnerable of our land.” In which case, many of our problems should soon be over if in fact the government’s anti-corruption campaign has been as effective as we are now meant to believe. But if you believe the government has actually recovered $9 billion from treasury looters, then you have learnt nothing about this government in the past year. The truth of the matter is that whatever this government says must be taken with a very large grain of salt. Adams Oshiomhole had told Nigerians a U.S. government official revealed to him that one single Nigerian stole a massive $6 billion under the Jonathan administration. So how come the government has only managed to recover $9 billion from the entire country after one year of highfalutin media hype? The government’s approach of revealing unverifiable figures of recovered loot without the names of those from whom they were recovered reeks of corruption for lack of transparency. If, as I have maintained elsewhere, Lai Mohammed is Nigeria’s version of Iraq’s Comical Ali, then the recovered $9 billion must be synonymous to Iraq’s weapons of mass destruction which could nowhere be found. There is no way of knowing if the figures released by the government are true or fiction, because the names of those allegedly returning the money are not mentioned alongside how much they returned. If they are named and shamed, the looters themselves can verify if the amount declared is more or less than what they returned. Covering up the names simply provides avenues for whatever loot is recovered to be re-looted by government accomplices. http://www.femiaribisala.com/the-worst-government-in-the-history-of-nigeria-2/ 10 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by STFUand4kMeHARD(m): 5:45pm On Jun 07, 2016 |
Buhari sef! 5 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by EFGH: 5:52pm On Jun 07, 2016 |
Even the aboki's are complaining bitterly about his buhaconomic policies. 6 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by MRSALT: 6:29pm On Jun 07, 2016 |
This is what PDP should be doing; demystifying the lies of APC. PDP please wake up from stupor and do your nature given job. Well meaning Nigerians are waiting for you. We are tired of APC propaganda. 11 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Oliviaxx(f): 6:32pm On Jun 07, 2016 |
Reading all this just made me weak; so i'll just ask one question: Nigeria, where are we headed 4 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Jirate(m): 6:44pm On Jun 07, 2016 |
EFGH: Don't Mind them, they were all carried away by the 5k a month promise. Now, Militants in the oil regions has put paid to their Stupid dreams and its reality time for them. 6 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Luckylife(m): 6:49pm On Jun 07, 2016 |
It very funny and annoying that in this 21st century with all the scholars, prominent Nigerians both within and abroad, professors , great men and woman from this country could allow this type to world class APC scam to happen . The world wept for Nigerians ! 6 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Jirate(m): 6:55pm On Jun 07, 2016 |
Oliviaxx: Obviously in the Wrong Direction, where the government cannot tell Simple Truths, Provide at least 1 hour of Electricity out of 24 hours as well other Basic Amenities, Nigeria is in Trouble. 7 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Nobody: 6:59pm On Jun 07, 2016 |
EFGH:[size=14pt]Why are they complaining? Sai Baba . . [/size] 5 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by kenny987(f): 7:04pm On Jun 07, 2016 |
When I say that the monumental corruption and theft being perpetrated in this administration will be worse than ever, some zombies will come and preach of the ' infallible' Baba daftus stinking integrity. As far as I'm concerned, there is some truth to theft n misappropriation of funds by previous administrations but what APC has done is to bloat figures beyond the realm of possible reality so they can also steal and blame PDP. Buhari with his trumped up incorruptibility has come in this final onslaught to steal all he can for his family and them perpetuate as much of his islamic bigotry in this country so they can ensure perpetual northern dominance. 5 Likes 1 Share |
Re: The Worst Government In Nigeria History. By Femi Aribisala by temptnow: 7:09pm On Jun 07, 2016 |
Sai baba is a failure 1 Like |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Nobody: 7:12pm On Jun 07, 2016 |
temptnow: Sai Baba . . . 5 Likes 1 Share
|
Re: The Worst Government In Nigeria History. By Femi Aribisala by Abeymills(m): 7:20pm On Jun 07, 2016 |
Govt of lies propaganda n hate yeye govt zombies hw far |
Re: The Worst Government In Nigeria History. By Femi Aribisala by cold(m): 7:39pm On Jun 07, 2016 |
Damn shame |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Fyno: 11:00pm On Jun 07, 2016 |
This is one of the stand-up guys I love to listen to. Whether PDP OR APC Nigerians should listen when Femi speaks He is the one man that makes me believe there are still reasonable men in Southwest Since the time of OBJ to Gej to Pmb he has always criticized constructively I pray he doesn't end up like FFK 2 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by SWG25: 11:06pm On Jun 07, 2016 |
Buhari has beaten and surpassed his own records as Nigeria's worst president. These are the effects of having an uneducated electorate. lalasticlala come and read this and laugh 3 Likes |
Re: The Worst Government In Nigeria History. By Femi Aribisala by double0seven(m): 4:07am On Jun 08, 2016 |
Fyno: one of the few stand up guys in the west Criticise constructively okay, you mean he criticises Buhari just the way you like it. From some of your posts I'll quote below, it is so obvious. (you may click on Fyno name to confirm the quotes) """which integrity? I was never scamed because I never believed an old northerner who lacks education knows the meaning of intergrity. I think over expectation led you and many to vote an illiterate""" """ So Buhari no finish secondary school If so how we come expect am to know wetin be RECESSION ECONOMY INFLATION SUBSIDY PMS DULLARD EAR INFECTION CORRUPTION NIGERIA A COUNTRY WHERE AN ILLITERATE IS THE PRESIDENT WHILE A PROFESSOR BECOMES THE DEPUTY WHERE A SAN CAMPAIGNS FOR AN ILLITERATE TUFIAKWA""" it so obvious, just like Aribisala, you are just a hater of Buhari ....pure & simple... you will never see any good thing in his government. |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Maghan37: 4:44am On Jun 08, 2016 |
The fact still remains that under GEJ all those said about d boosting of our Economy under is admin does not mean dat d kind of corruption in his dispensation would not have headed towards recession. |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Nobody: 4:56am On Jun 08, 2016 |
Maghan37: 3 Likes
|
Re: The Worst Government In Nigeria History. By Femi Aribisala by Fyno: 10:56pm On Jun 11, 2016 |
double0seven: |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Fyno: 11:07pm On Jun 11, 2016 |
double0seven:do you know I will be the happiest man the day Buhari seizes to be the president because I don't believe anything good can come from an old illiterate Can't you see how arrogant he has become since he was sworn in,disobeying court orders,and sending army to kill at ease A certificate less man becoming the president just because he's from the north, is that not the highest level of corruption? Give an illiterate money and power and see how arrogant he becomes,that's the problem with buhari,is either you sing his praise or your jailed,is that not corruption If given opportunity I will kill Buhari Calling me a Buhari hater is an understatement |
Re: The Worst Government In Nigeria History. By Femi Aribisala by TPAND(f): 1:41pm On Jun 12, 2016 |
Buhari's administration is cursed. Nothing work for those who have badluck hovering over them. This administration will go down as the worst in history |
Re: The Worst Government In Nigeria History. By Femi Aribisala by Nobody: 1:43pm On Jun 12, 2016 |
SWG25:^^ May you walk and never stumble 1 Like |
Re: The Worst Government In Nigeria History. By Femi Aribisala by greatiyk4u(m): 2:05pm On Jun 12, 2016 |
I only empathize with the writer because all can see from the write-up is the pains and frustration of a pained WAILER and Looser................... In one of his usual numerous criticisms, he faulted even THE WORD OF GOD when he admonished christians to choose between the teachings of St Paul and That of Our Lord Jesus Christ which he claimed was conflicting www.nairaland.com/2022218/christians-must-choose-between-apostle I know some Christians who profess the Bible as the true word of God will still take this man serious simply because Buhari is involved in this case............who even cares? Anyway I stopped reading the weak argument of his when I was this "Buhari was handed over $30 billion in foreign reserves by the Jonathan administration. He inherited over $2.5 billion in the Sovereign Wealth Fund; $1.4 billion in the ECA; and $4.65 billion in back taxes from NLNG. But virtually all of this has been squandered in one year of gross incompetence." At least you can all bear Buhari witness that this statement is religiously, legally and morally wrong and blatant LIES 1 Like |
Re: The Worst Government In Nigeria History. By Femi Aribisala by 989900: 2:29pm On Jun 12, 2016 |
This Femi is just some pathetic noise maker. How convenient to separate fall in oil prices from income? How convenient to make up lies on the go. I've listened to many objective critics of this Buhari administration, who have criticized without bias nor apologies, and even gone ahead to proffer sensible solutions -- not this Femi. #shame |
Re: The Worst Government In Nigeria History. By Femi Aribisala by plaetton: 3:51pm On Jun 12, 2016 |
kenny987: Nigerians are simply an unbelievable set of people. How we think , analyze and deal with important issues clearly shows that we deserve what we get in leadership. For example, APC led government of Buhari the Messiah that was supposed to slay the dragon of corruption ,and usher in good governance, wasted Noooo time at all to play their eager hands. With great haste, with no pretences or shame, they put out a blueprint for the Biggest One-Time THEFT in the history of Nigeria, the 2016 budget. That budget, according to my estimates, contains at minimum N500b in padded expenses. Of course, another word for ' padding ' is THEFT. It still shocks me that Nigerians did not see the budget padding of 2016 for what it TRULY is ; A Blueprint For GRAND THEFT. Yet, I am still hearing people say that Buhari is fighting corruption. Yet I still hear people say that Buhari means well for Nigeria. Even with our current economic circumstances, with blood and conflict everywhere, with NEPOTISM rife at the corridors of power, with propaganda as a policy thrust and with Nigeria more divided along ethnic and religious lines than ever , all in just one year, I still hear people say that Nigeria wiil be a better country under Buhari. Which Nigeria are they talking about? 2 Likes 1 Share |
Re: The Worst Government In Nigeria History. By Femi Aribisala by EFGH: 8:26am On Jun 14, 2016 |
989900: Really so tell me where Femi sound bias? waiting for ur own unbiased analyses of Bubu lead government of kwaruption. |
(1) (Reply)
Niger Delta Avengers Chooses Wole Soyinka As Representative In Proposed Dialogue / If You Have Opportunity To Nominate Or Bring Back Ex. Head, Who Would That Be. / Ibori Is "Our Thief, Not Yours" Ogheneochukome
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 69 |