While most Nigerians are adept at hiding and ignoring their nation’s hunger and poverty, the past year has not permitted the continuation of that habit without presenting massive allowances for exposure. The current consensus is, “there is untold hunger in Nigeria” and it is hounding over 120 million citizens (who used to live on less…
Tag: begging bowl politics
Loans Will Not Save Nigeria: The Hidden Costs of Borrowing
President Muhammadu Buhari won many die-hard supporters purely because he refused to play the game of “begging bowl politics” at a time when Africa’s innumerable dictators were queuing up to take IMF / World Bank loans as global neoliberalism aggressively dictated. If Buhari had accepted the aggressively marketed neoliberal-induced loans, General Ibrahim Babangida might have…